$530,000
4 Bed Pool Home for Sale in Cape Coral
518 NW 1st Lane, Cape Coral, FL, 33993
About this home
BACK ON THE MARKET - POOL PERMIT COMPLETED & CLOSED! $5,000 SELLER CREDIT AVAILABLE - BEST VALUE IN CAPE CORAL!!! Luxury New Construction POOL HOME – 2026!! NW Cape Coral CITY WATER !! Experience refined modern living in this brand-new 2026 luxury residence offering approximately 1,800 sq ft of thoughtfully designed space. This stunning home features 4 spacious bedrooms, 3 full designer bathrooms, and a seamless open-concept layout ideal for both everyday living and entertaining. Enjoy a private saltwater pool, an elegant outdoor kitchen, and a fully fenced yard with modern privacy fencing, creating a true resort-style ambiance. Inside, the home showcases contemporary custom cabinetry, high-end finishes, and clean architectural lines throughout. The property is enhanced by an oversized paver driveway, a 2-car garage, and built with impact-resistant windows and doors for comfort, security, and energy efficiency. Ideally located in NW Cape Coral with city water, just minutes from Sam’s Club, Walmart, shopping, dining, and major conveniences. No HOA. A rare opportunity to own a sophisticated new construction combining luxury, location, and modern design. SCHEDULE YOUR PRIVATE SHOWING TODAY!
Property details
- Type
- SingleFamilyResidence
- Year built
- 2026
- Interior
- 1,800 sqft
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- 2 car
- Days on market
- 122
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $7,420/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- Impact Windows/Doors
- Exposure
- Northwest
- Waterfront
- No
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- Yes
- Spa
- No
- Natural gas
- No
- Water
- Assessment Unpaid
- Sewer
- Assessment Unpaid
- 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 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.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 610 NW 1st Street | Mar 2026 | $540,000 | 4/2 | 1,905 | $283 |
| 320 NW 6th Place | Oct 2025 | $522,000 | 3/2 | 1,831 | $285 |
| 834 NW 2nd Street | Mar 2026 | $530,000 | 4/3 | 1,931 | $274 |
| Average | 3 comps | $530,667 | $281 |
Market trends, Cape Coral Mobile Home Estates
Live community medians from the MLS · see all listings. Indicative, not an appraisal.
Price & status history
Down $20,000 (3.6%) from the original list price.
| Aug 18, 2026 | Back on market | |
| Mar 5, 2026 | Price reducedfrom $540,000 | $530,000 |
| Dec 19, 2025 | Listed | $550,000 |
The good, the trade-offs & the location
- Built 2026 — post-2002 Florida wind codes (typically lower insurance)
- New construction
- Lower flood risk (zone X)
- Private pool
- Storm protection: Impact Windows/Doors
- 2-car garage
- 55+ age-restricted community
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.