3 Bed Pool Home for Sale in Cape Coral
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For SaleMLS# 2026031627

$490,000

3 Bed Pool Home for Sale in Cape Coral

3921 NW 40th Lane, Cape Coral, FL, 33993

3 beds2.5 baths1,629 sqft2 garage

About this home

This new construction home at 3921 NW 40th Ln in Cape Coral features a rare 2.5-bath layout ideal for entertaining. The expanded floor plan offers three bedrooms plus a versatile den that easily serves as a fourth bedroom, all secured with energy-efficient impact windows. The interior features an open-concept design that maximizes natural light, elevated by seamless porcelain tile flooring installed throughout the entire residence. This provides a premium, cohesive aesthetic that stands out against properties with mixed flooring materials. The central living area is highlighted by a built-in luxury TV set and a large electric fireplace integrated into a dramatic floor-to-ceiling marble surround. The adjoining kitchen is equipped with modern stainless steel appliances, high-end cabinetry, and a prominent center island with quartz countertops featuring a waterfall edge that serves as a functional focal point for entertaining. The primary en-suite bathroom is designed with upgraded finishes, complete with modern fixtures, a free-standing soaking tub, a large walk-in shower, and a wood-textured accent wall. The additional full guest bathroom and the dedicated half bathroom share the same clean lines and modern design aesthetic. The exterior of the property is equally well-appointed, featuring an installed irrigation system, clean landscaping, a premium paver driveway, and a fully fenced backyard that ensures maximum privacy. The outdoor living space features a spacious covered lanai with ample room for a dining table, making eating meals al fresco poolside an absolute breeze. Head out to the private swimming pool, thoughtfully designed without a restrictive pool enclosure to allow for unobstructed sky views and uninhibited Florida sunshine. Situated in a quiet Cape Coral neighborhood, the home provides convenient access to local amenities, including the nearby Coral Oaks Golf Course and the coastal community of Matlacha, known for its art galleries and seafood restaurants.

Property details

Type
SingleFamilyResidence
Year built
2024
Interior
1,629 sqft
Lot size
10,628.64 sqft
Acreage
0.24 acres
Garage
2 car
Days on market
0
Total association fees
None
CDD
None
Est. taxes (1.4%)
$6,860/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
$301/sqft
Comp median
$255/sqft
Difference
+18%

Based on the $/sqft of 4 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
4204 NW 39th StreetAug 2026$370,0003/21,680$220
3533 NW 41st AvenueDec 2025$380,0003/21,638$232
4418 NW 36th StreetMay 2026$567,0003/21,485$382
Average4 comps$441,750$278

Market trends, Cape Coral

Median list
$399,900
Median $/sqft
$233
Median sold (90d)
$389,000
Avg days on market
95
Active listings
2,479
Median sold price · Cape Coral
$389,000last 3 months9% vs $356,950 prior 3 months
Median closed price by month · Cape Coral
1% MoM11.3% YoY
$340k$368k$395kJul ’25Aug ’26
$395,000Aug ’26 · 260 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.

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
9.1 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.