$332,500
4 Bed 2 Bath Waterfront SingleFamilyResidence for Sale in CAPE CORAL, FL
2043 NE 42nd Street, Cape Coral, FL, 33909
About this home
Waterfront living doesn't get much better than this. Your brand-new construction home sits on a generously over sized lot boasting an impressive 140 feet of water frontage overlooking not one, but TWO canal intersections. The result? Incredible, unmatched views that stretch in multiple directions, shifting beautifully with the light from sunrise to sunset. It's the kind of backdrop that makes morning coffee and evening refreshments feel like a five-star experience. Inside, you'll find 1,774 square feet of smartly designed living space featuring four bedrooms and two bathrooms. Upgraded quartz countertops grace both the kitchen and bathrooms, lending an elevated feel throughout. The primary bedroom serves as a genuine retreat, complete with dual walk-in closets offering the kind of storage space that makes organization effortless. Here's where things get especially interesting for savvy buyers: this waterfront gem is located outside of a special flood hazard zone. That's a rare advantage in Southwest Florida that translates to greater peace of mind and potentially significant insurance savings — a combination that's hard to come by when you're living on the water. Step outside, and the canals become your personal playground. Whether you enjoy fishing from your own backyard, kayaking through serene waterways, or cruising by boat at sunset, private water access is yours to enjoy every single day. The surrounding neighborhood strikes a wonderful balance between peaceful retreat and everyday convenience. Island Coast High School sits nearby for families seeking quality education. Gator Trails Park offers walking paths through Florida's unique natural landscape. Publix Super Market at Shoppes at Del Prado handles your grocery runs with ease, and Del Tura Golf and Country Club awaits those who prefer their weekends on the green. Everything about this home is fresh, modern, and energy-efficient — designed with contemporary sensibility while embracing the timeless charm of canal-front living. With Cape Coral's famous network of over 400 miles of canals at your doorstep, the lifestyle possibilities are virtually endless. Schedule your private tour today and discover what waterfront living was always meant to feel like.
Property details
- Type
- SingleFamilyResidence
- Year built
- 2026
- Interior
- 1,774 sqft
- Lot size
- 12,240.36 sqft
- Acreage
- 0.28 acres
- Garage
- 2 car
- Days on market
- 27
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $4,655/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- None listed
- Exposure
- Northwest
- Waterfront
- Yes
- 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 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 |
|---|---|---|---|---|---|
| 1533 NE 34TH Lane | Jul 2026 | $320,000 | 4/2 | 1,808 | $177 |
| 1910 NE 42nd Terrace | Mar 2026 | $325,000 | 4/3 | 1,683 | $193 |
| 4133 NE 22nd Avenue | Aug 2025 | $318,990 | 4/2 | 1,810 | $176 |
| 2006 NE 44th Terrace | Feb 2026 | $342,300 | 4/2 | 1,829 | $187 |
| 2124 NE 40th Terrace | Aug 2025 | $300,000 | 4/2 | 1,806 | $166 |
| 1822 NE 40TH Lane | Aug 2025 | $349,000 | 4/2 | 1,828 | $191 |
| Average | 6 comps | $325,882 | $182 |
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 $48,000 (12.8%) from the original list price.
| Jun 8, 2026 | Sold | $327,000 |
| Apr 7, 2026 | Price reducedfrom $340,000 | $332,500 |
| Mar 20, 2026 | Listed | $375,000 |
The good, the trade-offs & the location
- Built 2026 — post-2002 Florida wind codes (typically lower insurance)
- New construction
- Lower flood risk (zone X)
- Waterfront
- 2-car garage
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.