$269,888
3 Bed SingleFamilyResidence for Sale in Cape Coral
4745 NW 40th Avenue, Cape Coral, FL, 33993
About this home
Discover Your Dream Home in the Cape Coral Classic Community! The Prescott Plan features an airy open layout with a seamless transition between the Living Room, a well-equipped Kitchen, and a separate Dining Area, ideal for entertaining. The kitchen stands out with its beautiful cabinetry, granite countertops, and stainless steel appliances, including a range with a microwave hood and dishwasher. The serene primary suite includes a private bath with dual vanity sinks and a generous walk-in closet. Additional highlights include a convenient two-car garage, energy-efficient Low-E insulated dual-pane vinyl windows, and a one-year limited home warranty. Select homesites provide additional privacy and showcasing mature pine trees, cabbage palms, and abundant wildlife—perfect for nature lovers seeking a peaceful retreat. Located near Charlotte Harbor Preserve State Park, Florida’s third-largest state park that includes shoreline, mangroves, and estuaries, homeowners enjoy easy access to kayaking, hiking, fishing, and birding.
Property details
- Type
- SingleFamilyResidence
- Year built
- 2025
- Interior
- 1,477 sqft
- Lot size
- 10,454.4 sqft
- Acreage
- 0.24 acres
- Garage
- 2 car
- Days on market
- 295
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $3,778/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- None listed
- Exposure
- East
- Waterfront
- No
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Well
- Sewer
- Septic Tank
- New construction
- Yes
- Pets
- Yes
- County
- Lee
Flood risk shown is an area-level estimate and can differ from a specific unit's actual FEMA designation (which varies by structure and elevation). Look up this address on the FEMA Flood Map and verify with a licensed insurance agent before relying on it.
Based on the $/sqft of 5 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.
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Recently sold nearby
Closed comparable sales within ~1 mile in the last 12 months, similar price, size, beds/baths, and age.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 3933 NW 46th Street | Mar 2026 | $269,888 | 3/2 | 1,477 | $183 |
| 3804 NW 44th Terrace | Jul 2026 | $289,888 | 3/2 | 1,665 | $174 |
| 3923 NW 45th Lane | Nov 2025 | $269,990 | 4/2 | 1,665 | $162 |
| 3932 NW 46TH Lane | Nov 2025 | $272,000 | 4/2 | 1,665 | $163 |
| 4721 NW 38TH Place | Feb 2026 | $279,990 | 4/2 | 1,665 | $168 |
| Average | 5 comps | $276,351 | $170 |
Market trends, Cape Coral
Median of closed MLS sales each month over the available window. Months with too few sales are omitted; the range extends automatically as more sales close.
Live area medians from the MLS · see all listings. Indicative, not an appraisal.
Price & status history
Down $20,102 (6.9%) from the original list price.
| Aug 4, 2026 | Price reducedfrom $274,888 | $269,888 |
| Oct 28, 2025 | Listed | $289,990 |
The good, the trade-offs & the location
- Built 2025 — post-2002 Florida wind codes (typically lower insurance)
- New construction
- 2-car garage
- In a higher-risk flood zone (AE) — flood insurance likely required
Straight-line distances to major SWFL amenities, approximate; actual drive times vary.
Nearby schools
Get more information on their programs, scores, and extracurriculars on each school's page · browse the full schools directory.
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Listing information is provided in part by the Florida Gulf Coast Multiple Listing Service (MLS) through its Broker Reciprocity / Internet Data Exchange (IDX) program. Properties displayed may be listed by brokerages other than SWFL Relocation Team. Data is deemed reliable but is not guaranteed accurate by the MLS or this brokerage and should be independently verified. Fees, flood zones, taxes, square footage, and school assignments are estimates from the feed and must be confirmed. © 2026 SWFL Relocation Team. All rights reserved.