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Caloosahatchee

Caloosahatchee

Suburban Neighborhood in Cape Coral, Florida

Lee County 33904
$527,842 Average Value
$238 Average Price per Sq Ft
52 Homes For Sale

Life on the water in Cape Coral

Nestled between the Gulf of Mexico and the river for which it is named, Caloosahatchee is a densely populated Cape Coral neighborhood of almost 15,000 homes and condos. More than 90 percent of the properties offer direct access from their backyards to the surrounding waters via the maze of canals that dot the community. The inland waterways provide residents with a nautical lifestyle at appealing prices. “Cape Coral is called Canal City and Waterfront Wonderland for a reason,” says Brooke Cole, a Managing Broker of RE/MAX Nautical Realty who has sold dozens of homes in the neighborhood. “It just makes living on the water more accessible and affordable because we have so many canals.” The neighborhood also offers residents the ease and convenience of being home to the city’s premier commercial district.

Estate homes on the Caloosahatchee River

Homes and condominiums are neatly arranged on streets truncated by the canals. Traditional ranch-style homes are prominent, and they mingle with a collection of contemporary custom designs offering similar features such as private driveways, attached garages and spacious front yards. Prices typically range from around $300,000 to $800,000-plus. Prices tend to increase closer to the river, with new construction and larger homes listing between $1 million and $2 million-plus and the occasional estate-style home located on the river listing in excess of $10 million. Condos typically range from around $150,000 for a small unit in an age-restricted community to the mid-$500,000s for a large waterfront unit offering luxury amenities. The Caloosahatchee Connect Project, a combined effort of the cities of Cape Coral and Fort Myers, was recently completed after five years. A new pipeline will transport water daily from Fort Myers to Cape Coral to help keep the freshwater canals elevated. The tradeoff for being surrounded by water is the heightened risk of flooding, especially in the wake of a hurricane. The area was hit hard by Hurricane Ian in September of 2022, so prospective homebuyers should factor in the cost of flood insurance when searching for a home in Cape Coral.

Cruise to the Gulf of Mexico

Life on the water is the preferred activity for neighborhood residents, who can walk out to their backyard, traverse the canal on which they live and within minutes be cruising down the Caloosahatchee River and into the open waters of the Gulf of Mexico. “You can load up your boat, head out to the barrier islands, hang out with your friends and goof off all day,” says James Sommers, a Realtor with more than 20 years of experience in Cape Coral and Fort Myers. “If you live here and you’re bored, it’s your own fault.” In addition to the boating, fishing and other water-based opportunities provided by the neighborhood’s location, residents have several local parks at which to enjoy a diverse selection of amenities. Four Freedoms Park has a community center that features programming for all ages, with activities that range from reading to sewing to salsa dancing. Jaycee Park provides a picturesque green space for relaxing walks along the riverfront. A beach on the river is the main attraction at Yacht Club Community Park, where an extensive renovation will provide upgraded amenities, including a resort-style pool.

Eclectic restaurants in South Cape

The neighborhood is home to a bustling commercial section known as South Cape, which is considered Cape Coral’s downtown. “Lots of bars and lots of eclectic restaurants,” Sommers says. “There aren’t many chains, just a lot of really cool places.” Italian restaurants and pizza shops are prominent, and Trattoria Ciao is a neighborhood favorite. Ford’s Garage, a popular local franchise known for burgers and beer, and Cork Soakers Deck & Wine Bar are other featured destinations in South Cape. Notable eateries elsewhere include Point 57 Kitchen & Cocktails, which serves up highly rated contemporary fare, and Boathouse Tiki Bar & Grill, a popular gathering spot on the river. South Cape also offers several convenient shops, where residents can stock up on groceries, fill prescriptions and even buy bait. Publix and Target are located just outside the neighborhood among a cluster of retail stores.

Career programs at Cape Coral High

The School District of Lee County serves the neighborhood. The district recently unveiled a plan that allows parents to have more choice in which schools their children attend. Parents can send their children to schools within their proximity zones, such as Cape Elementary School, a neighborhood institution rated B-plus by Niche; Gulf Middle School, also rated B-plus; and Cape Coral High, an A-rated International Baccalaureate school. At Cape Coral High, students can enroll in Career Academies that help prepare them for jobs after graduation in disciplines such as Pharmacy Tech, Information and Design Technology and Hospitality and Tourism.

Holiday events near the Cape Coral Bridge

Cape Coral hosts community events throughout the year, and many of them take place in Caloosahatchee, from movies in the park to free outdoor concerts. Red, White, and Boom is the city’s Fourth of July event, and it is held at the foot of the Cape Coral Bridge on the neighborhood’s east side. Four Freedoms Park hosts the Cape Coral Holiday Boat-A-Long, where residents decorate their boats and parade around Bimini Basin. The Cape Coral Farmers Market is held every Saturday in the heart of South Cape.

LeeTran buses serve the area

Neighboring Fort Myers is just minutes away across the Cape Coral Bridge and the Midpoint Bridge, both of which are conveniently located in Caloosahatchee. Lee County officials recently endorsed a plan to replace the Cape Coral Bridge and expand it from four to six lanes. Construction is expected to begin in 2026. LeeTran buses provide public transportation at multiple stops throughout the neighborhood. The Southwest Florida International Airport is located about 15 miles away in Fort Myers.

Matt Pallister
Written By
Matt Pallister
Bre Gillian
Photography Contributed By
Bre Gillian
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Samantha Houtchens

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Amy Salzone, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Southwest Florida International

27 min drive

Bus

Miramar St & Viceroy St-Eb1

Bus

Del Prado Blvd S & SE 27th St-Sb

Bus

Del Prado Blvd S & Shelby Pkwy

Bus

Del Prado Blvd S & SE 40th St-Sb

Bus

Cc Pwky & SE 10th Pl

Bus

Del Prado Blvd S & SE 44th St-Sb

Bus

Cc Pwky & Coronado Pkwy

Caloosahatchee Demographics and Home Trends

Housing Trends

Median List Price
$349,000
Median Sale Price
$304,375
Median Single Family Sale Price
$347,110
Median Townhouse Sale Price
$359,000
Median 2 Bedroom Sale Price
$439,000
Median Change From 1st List Price
0%
Last 12 months Home Sales
701
Median Home Sale Price YoY Change
-28%
Average Price Per Sq Ft
$238

Neighborhood Facts

Number of Homes in Neighborhood
12,700
Number of Homes for Sale
52
Median Year Built
1979
Months of Supply
0.90
Average Single Family Home Size Sq Ft
1,822
Below the national average
1,924
Average Townhouse Size Sq Ft
1,423
Average 2 Bedroom Size Sq Ft
1,164
Average 1 Bedroom Size Sq Ft
782
Median Lot Size Sq Ft
10,018

Open Houses

  • Saturday, Aug 16
    12 - 2pm

    2515 SE 19th Ave, Cape Coral, FL 33904

    $850,000

    • 3 Beds
    • 2.5 Baths
    • 2,518 Sq Ft
    • 2515 SE 19th Ave
    • New 3 days ago

    Exceptional Canal Front Pool Home on an Oversized Corner Lot – No HOA! Mortgage savings may be available for buyers of this listing.This stunning 3 bedroom, 2.5 bathroom custom-built home sits on a prized oversized corner lot with sailboat access canal just minutes from the river. Enjoy waterfront living with a saltwater pool featuring a fountain and party lights around the pool

    Melissa Patriarca Redfin Corporation

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  • Sunday, Aug 10
    11am - 3pm

    4419 SE 13th Place, Cape Coral, FL 33904

    $649,000

    • 4 Beds
    • 3 Baths
    • 1,773 Sq Ft
    • 4419 SE 13th Place
    • New 6 days ago

    Welcome to 4419 SE 13th Pl, a beautifully renovated Gulf Access pool home located just minutes by boat from the river, restaurants, beaches and the Gulf! Situated on an oversized .34-acre lot with 110 feet of waterfront, this property offers expansive outdoor space and quick boating access. A composite dock and 10,000 lb boat lift make it easy to enjoy the best of Southwest Florida’s boating

    Christine Blasses CENTURY 21 SELLING PARADISE

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  • Saturday, Aug 9
    11am - 2pm

    1121 SE 29th Terrace, Cape Coral, FL 33904

    $575,000

    • 3 Beds
    • 2 Baths
    • 1,635 Sq Ft
    • 1121 SE 29th Terrace
    • New 6 days ago

    Welcome to your slice of paradise in the heart of Cape Coral—where 400 miles of sparkling canals set the stage for a lifestyle like no other! This charming 3-bedroom, 2-bath home is perfectly positioned on a beautiful canal with direct access to the Caloosahatchee River, ideal for kayaking, paddleboarding, or simply casting a line from your backyard dock. For a full price offer the sellers are

    Tania Agathos John R. Wood Properties

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Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to Amy Salzone, an experienced agent in this neighborhood.

Average Home Value





Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Demographics

Total Population
26,911
Median Age
57
Population Density
6 ppl/acre
Population under 18
14.3%
Below the national average
23.8%
Population over 65
35%
Above the national average
19.1%

Finances

Median Household Income
$60,757
Below the national average
$71,702
Average Household Income
$80,491

Education and Workforce

High School Graduates
95%
Above the national average
89.1%
College Graduates
28.2%
Advanced Degrees
9.1%
% Population in Labor Force
47.7%
Below the national average
65.1%

Weather

Annual Precipitation
57''
Average Winter Low Temperature
55°F
Average Summer High Temperature
92°F
Annual Snowfall
0''

Area Factors

Bikeable

Bike Score®

57 / 100

Somewhat Walkable

Walk Score®

60 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Caloosahatchee