Neighborhood · Cape Coral, Florida
Eight Lakes
Freshwater lakes and quiet streets in northern Cape Coral
3
Homes for sale
$365,000
Median list price
$250
Avg price / sqft
57
Median days on market
Eight Lakes sits in the northern reaches of Cape Coral, a Lee County community built around freshwater lakes and low-traffic streets where the pace is noticeably slower than the city's busier waterfront districts. The area draws buyers who want space and calm without giving up easy reach to the rest of Cape Coral and neighboring pockets like Gator Circle and the vibrant Cape Harbour marina district. Families here are assigned to schools including Mariner High School and Caloosa Middle School, and the mix of single-family homes on generous lots gives the neighborhood a settled, residential feel.
For a buyer today, this is a thin, slow-moving market — only three homes are active right now, and just five have sold in the past year. The median list price sits at $365,000 with the range stretching to $825,000, while homes that actually closed came in at a median of $600,000. With sellers averaging 89% of asking and a median 57 days on market, there's real room to negotiate if you find the right fit.
Eight Lakes is a community in Cape Coral, Florida.
Quick facts
$350,000 – $825K price range
1,908 sqft median home
5 sold in 12 months
On the market now
Homes for sale in Eight Lakes
$825,000$850,000
719 EL DORADO PARKWAY W, CAPE CORAL
3 bd · 2 ba · 2,196 sqft
$365,000
706 SW 51st Terrace, Cape Coral FL 33914, CAPE CORAL
3 bd · 2 ba · 1,908 sqft
$350,000$365,000
706 SW 51ST TERRACE, CAPE CORAL
3 bd · 2 ba · 1,908 sqft
Every active listing inside the Eight Lakes boundary
Open full map search →Find your fit
Browse Eight Lakes
By feature — on the live map
Where the market lives
The numbers that matter
The Eight Lakes market
5
Sold, last 12 months
$600,000
Median sold price
89%
Sale-to-list ratio
What sellers actually get vs asking
101 days
Median time to sell
Eight Lakes vs Cape Coral
Median list price
Price per sqft
Days on market
Median sold price — 3-yr, 3-mo rolling
▼ 48.0% yr/yr
Homes sold per month
Live Stellar MLS data — every listing and closed sale inside the Eight Lakes boundary. Rolling medians smooth single-month swings in small communities.
For the school run
Schools Eight Lakes is zoned for
Attendance boundaries overlapping this community — always verify zoning with the district.
What it really costs
Owning here
Owning the median Eight Lakes home
≈ $2,267/mo
$365,000 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.
Population
515
Median age
68
Median income
$129,279
Median home value
$633,300
Beyond the listings
Living in Eight Lakes
Culture
Top 8% in the U.S.Sites to See
This population finds the most beautiful sites just by looking up. Sunrise, sunset or sometime in between, these people love to marvel at man-made and natural wonders.
Entertainment
Top 10% in the U.S.Live & Local Music
This population follows the music. From local bands to current acts at the local venue, you can find these people researching band tours and how to get backstage passes.
Lifestyles
Top 12% in the U.S.Hipster
This population swims against the tide of mainstream culture. Common interests include old music, antiques, and alternative diets (i.e., veganism).
Beliefs
Top 13% in the U.S.Politically Engaged
Politically aware, this population is interested in civic issues on both the local and national level. They often discuss candidates for office, taxes, and political ideologies.
Beliefs
Top 21% in the U.S.Conservation
Good stewards of the earth, this population advocates for a cleaner environment and responsible use of resources. They often encourage others to recycle and use clean energy.
Lifestyles
Top 23% in the U.S.Wealth Signaling
Interested in the finer things life has to offer, this population wants to display their lifestyle by discussing luxury products. Often references jewelry, cars, and home features.
Straight answers
Eight Lakes FAQs
Is Eight Lakes a good place to live?+
It's a quiet, lake-oriented residential area in northern Cape Coral that suits buyers who want space and calm over nightlife. Homes are assigned to well-regarded schools like Mariner High School, and you're still within reach of the wider city's amenities.
Is Eight Lakes expensive?+
It sits in the mid-to-upper range for the area, with active listings at a median of $365,000 and homes that sold over the past year closing at a median of $600,000. The active range spans $350,000 to $825,000, so there's variety depending on lot, size, and water access.
What do homes cost in Eight Lakes?+
The median list price is $365,000, and pricing averages about $250 per square foot on a median home size near 1,908 sqft. Sold prices ran higher over the last year at a $600,000 median, reflecting the larger waterfront and pool properties that trade here.
How is the market in Eight Lakes right now?+
It's a small, slow-moving market — three active listings and five sales in the past 12 months. Homes take a median of 57 days to sell and sellers are averaging 89% of asking, which gives buyers meaningful negotiating room. You can track new listings on the live map.
What about HOA fees and property taxes?+
Median property tax runs about $1,614 per year, which is modest for the area. HOA data isn't available for the current listings, so confirm any community dues with your agent before you write an offer.
Keep exploring
More Cape Coral neighborhoods
Neighborhood boundary by edgeAI; listings matched to the polygon. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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