3 Bed Pool Home for Sale in Cape Coral
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For SaleMLS# 2026006594

$493,900

3 Bed Pool Home for Sale in Cape Coral

3911 NW 40TH Terrace, Cape Coral, FL, 33993

3 beds2 baths1,700 sqft2 garage
Gated

About this home

MOTIVATED SELLERS!!!!! Don't miss this beautifully built, elegant almost brand new home with so many beautiful features. This home has 3 great size bedrooms, and 2 elegant tile bathrooms. A Gourmet kitchen for those that love cooking with quartz counter tops and shaker cabinets, with a large island. Contemporary finishes throughout. Walking into this spacious open floor plan offers living and dining areas filled with natural light. Step outside to a private backyard oasis with a refreshing pool ideal for relaxing or entertaining. A must-see with many additional upgrades.

Property details

Type
SingleFamilyResidence
Year built
2024
Interior
1,700 sqft
Lot size
10,018.8 sqft
Acreage
0.23 acres
Garage
2 car
Days on market
204
Total association fees
None
CDD
None
Est. taxes (1.4%)
$6,915/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
Impact Windows/Doors
Exposure
North
Waterfront
No
Gulf access
No
Gulf access type
N/A
Pool
Yes
Spa
No
Natural gas
No
Water
Well
Sewer
Septic Tank
New construction
No
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.

Above marketThis home is priced above comparable recent sales.
This home
$291/sqft
Comp median
$233/sqft
Difference
+25%

Based on the $/sqft of 3 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.

AddressSoldSold priceBeds/BathsSq ft$/sqft
3821 NW 38th AvenueAug 2026$450,0003/21,616$278
4200 NW 37th AvenueMay 2026$440,0003/21,888$233
3533 NW 41st AvenueDec 2025$380,0003/21,638$232
Average3 comps$423,333$248

Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$233
Median sold (90d)
$385,000
Avg days on market
94
Active listings
2,460
Median sold price · Cape Coral
$385,000last 3 months7.2% vs $359,000 prior 3 months
Median closed price by month · Cape Coral
2.6% MoM7% YoY
$340k$365k$390kJul ’25Aug ’26
$380,000Aug ’26 · 444 sales

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 $55,100 (10%) from the original list price.

Aug 28, 2026Price reducedfrom $498,900$493,900
Feb 5, 2026Listed$549,000

The good, the trade-offs & the location

Pros
  • Built 2024 — post-2002 Florida wind codes (typically lower insurance)
  • Private pool
  • Storm protection: Impact Windows/Doors
  • 2-car garage
Consider
  • In a higher-risk flood zone (AE) — flood insurance likely required
Location convenienceModerate
Hospital
9.6 mi
Cape Coral Hospital
Beach
20.4 mi
Fort Myers Beach
Airport
13.5 mi
Punta Gorda Airport
Shopping
9 mi
Coralwood / Merchants Crossing (Cape)

Straight-line distances to major SWFL amenities, approximate; actual drive times vary.

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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.