Cape Coral Rezoning Vote: Yucca Pens Mixed-Use Plan

City planners in Cape Coral have scheduled a July 22 public hearing on rezoning 480 acres in the Yucca Pens pocket west of Burnt Store Road from agricultural to mixed-use residential.

The proposal arrives as Lee County added 14,200 residents between 2024 and 2025, pushing demand for housing stock that remains scarce inside the city limits. Rezoning would open the door for townhomes and small commercial nodes along the corridor that currently hosts scattered ranches and citrus groves.

Local anchors in the target zone

The affected parcels border the Four Mile Cove Ecological Preserve to the south and sit three blocks north of the Cape Coral Yacht Club basin. Both sites already draw weekend traffic, and planners note that new zoning could support a 1.2-mile extension of the existing multi-use trail that runs from the preserve entrance to the yacht club parking lot.

Current listings in the immediate area show 37 single-family homes with a median asking price of $312,000 as of June 30, according to the Cape Coral Multiple Listing Service. That figure sits 11 percent below the citywide median of $351,000 recorded for the same month.

Next steps for buyers and owners

Residents who own property inside the proposed overlay district can submit comments through the city’s planning department portal until July 18. The Cape Coral Community Redevelopment Agency will hold an informational session at 6 p.m. on July 15 inside the council chambers at 1015 Cultural Park Boulevard. Anyone considering a purchase should verify flood-zone status first, since 62 percent of the parcels fall inside the AE zone that requires elevated construction.

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.