$1,450,000
3 Bed Pool Home for Sale in Cape Coral
1304 NW 40th Place, Cape Coral, FL, 33993
About this home
Experience the best of Southwest Florida living in this stunning new construction home in desirable NW Cape Coral, ideally positioned with western exposure and Gulf access. Located near the highly anticipated Seven Islands Project, this home offers an exciting combination of luxury living, boating access, and proximity to one of the area's notable upcoming developments. Inside, exceptional craftsmanship and upscale finishes are showcased throughout, including coffered ceilings with crown molding, Level 5 custom fine-finish walls, LED lighting, and beautiful tile flooring throughout. The gourmet kitchen is designed for both everyday living and entertaining, featuring KitchenAid Café appliances, a wine cooler, granite countertops, and a pot filler. The kitchen also offers two thoughtfully designed pantries; one dedicated to food storage and a second pantry providing the perfect space for small appliances, keeping countertops organized and the kitchen beautifully streamlined. The thoughtfully designed floor plan offers privacy and comfort, including a charming guest bedroom with its own ensuite bathroom. The luxurious primary suite is a private sanctuary, complete with a beautifully designed bathroom featuring dual shower heads, a built-in granite shower seat, and a custom walk-in closet. The outdoor living space truly sets this home apart. Enjoy an impressive granite outdoor kitchen, heated saltwater pool, and spa, all within a beautifully designed lanai. Stucco soffits with convenient electrical outlets add functionality for entertaining and outdoor living. Beyond the lanai, a winding paver pathway leads to a private fire pit overlooking the water, creating the perfect spot to relax, entertain, and enjoy spectacular Southwest Florida sunsets. With Gulf access, western exposure, luxurious custom finishes, exceptional outdoor living, and a location near the upcoming Seven Islands Project, this exceptional new construction home offers a rare opportunity to enjoy the very best of the Cape Coral lifestyle.
Property details
- Type
- SingleFamilyResidence
- Year built
- 2026
- Interior
- 2,247 sqft
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- 3 car
- Days on market
- 0
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $20,300/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- Impact Windows/Doors
- Exposure
- West
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- Yes
- Spa
- Yes
- 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 7 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 |
|---|---|---|---|---|---|
| 831 Old Burnt Store Road | Apr 2026 | $1,220,000 | 3/3 | 2,244 | $544 |
| 903 NW 38th Avenue | Dec 2025 | $1,160,000 | 3/3 | 2,200 | $527 |
| 3821 NW 22nd Terrace | Jul 2026 | $1,100,000 | 3/3 | 2,446 | $450 |
| 3403 NW 3rd Terrace | Jan 2026 | $1,315,000 | 3/3 | 2,200 | $598 |
| 128 NW 39th Avenue | Jul 2026 | $1,350,000 | 4/3 | 2,307 | $585 |
| 3617 Embers Parkway | Apr 2026 | $1,200,000 | 3/3 | 2,434 | $493 |
| Average | 6 comps | $1,224,167 | $533 |
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.
The good, the trade-offs & the location
- Built 2026 — post-2002 Florida wind codes (typically lower insurance)
- New construction
- Private pool
- Waterfront
- Storm protection: Impact Windows/Doors
- 3-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.