Retirees Flock to 2 Cape Coral Neighborhoods for Single-Story Homes

Single-story homes and low-maintenance condos along Burnt Store Road in Cape Coral recorded 47 sales in the second quarter of 2026, up from 31 in the same period last year.

The shift comes as Cape Coral’s overall median sale price held at $412,000 through June, according to Lee County Property Appraiser records, while many buyers over 60 seek to reduce yard work and utility costs amid higher insurance premiums across Southwest Florida.

Neighborhoods drawing the moves

Buyers are targeting the Burnt Store Isles section, where canal-front properties sit minutes from the Burnt Store Marina boat ramp, and the Cape Harbour area near the intersection of Cape Harbour Drive and El Dorado Parkway, which offers a small retail plaza and direct path to the Cape Coral Yacht Club pool and fitness center. Both spots keep residents within a short drive of the Cape Coral Hospital on Del Prado Boulevard for medical appointments.

The Cape Coral Community Redevelopment Agency has funded sidewalk repairs and street lighting upgrades along portions of Burnt Store Road this spring, making evening walks safer for residents who no longer drive at night.

Prices and next steps

Median prices for single-story homes in these two neighborhoods reached $385,000 in June 2026, roughly 12 percent below the citywide figure, according to the local multiple listing service. Condo units at the Cape Harbour complex averaged $289,000, with monthly fees covering exterior maintenance and lawn care.

Prospective buyers can review current listings on the Lee County Property Appraiser website and schedule showings through agents registered with the Cape Coral Chamber of Commerce before the next round of open houses scheduled for the last weekend of July.

This article is general information only and is not personal financial or investment advice. Consider your own circumstances and seek licensed professional advice before making financial decisions.