4 Bed Pool Home for Sale in Cape Coral
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For SaleMLS# 2026039253

$499,900

4 Bed Pool Home for Sale in Cape Coral

1227 NW 40th Place, Cape Coral, FL, 33993

4 beds3 baths2,008 sqft2 garage

About this home

Gorgeous, newer 4-bedroom, 3-bathroom home located in the highly desirable Old Burnt Store area—beautifully maintained and completely move-in ready! This exceptional property combines modern design, smart-home technology, and impressive upgrades throughout. The home features a metal roof, hurricane-impact windows and doors, a whole-house reverse osmosis system, spacious walk-in closets, quartz countertops, tile flooring, soft-close cabinetry, extra-high tray ceilings, upgraded ceiling fans, and striking 8-foot double entry doors. The stylish kitchen includes a complete suite of modern stainless-steel appliances. Custom built-in cabinetry adds both character and functionality to the living area, while all three bathrooms feature luxurious spa-style shower towers. Step outside into your private Florida oasis, complete with an expansive screened lanai, outdoor shower, summer kitchen, and a beautiful saltwater pool featuring a fountain and sun shelf—perfect for relaxing or entertaining. Situated on a peaceful street in one of Cape Coral’s most sought-after areas, this remarkable home is ready for you to enjoy the very best of Florida living!

Property details

Type
SingleFamilyResidence
Year built
2023
Interior
2,008 sqft
Lot size
10,018.8 sqft
Acreage
0.23 acres
Garage
2 car
Days on market
0
Total association fees
None
CDD
None
Est. taxes (1.4%)
$6,999/yr
Flood zone (area est.)
Yes · High risk (AE)
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
Other
Sewer
Septic Tank
New construction
No
Pets
Yes
County
Lee

Amenities

SeeRemarks

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.

At marketThis home is priced in line with comparable recent sales.
This home
$249/sqft
Comp median
$259/sqft
Difference
-4%

Based on the $/sqft of 6 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.

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Your notes on this home

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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
1229 NW 37th PlaceJul 2026$465,0003/32,138$217
817 NW 38th PlaceAug 2026$445,0003/21,810$246
1803 NW 38th PlaceAug 2026$550,0003/32,012$273
721 NW 37th AvenueAug 2026$540,0004/31,931$280
1020 NW 33RD PlaceJul 2026$489,0003/21,824$268
3405 NW 8th TerraceMay 2026$452,0003/21,810$250
Average6 comps$490,167$256

Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$233
Median sold (90d)
$380,575
Avg days on market
91
Active listings
2,506
Median sold price · Cape Coral
$380,000last 3 months4% vs $365,500 prior 3 months
Median closed price by month · Cape Coral
5.3% MoM2.9% YoY
$340k$365k$390kJul ’25Sep ’26
$359,999Sep ’26 · 219 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 2023 — 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 convenienceHigh
Hospital
7.5 mi
Cape Coral Hospital
Beach
16.5 mi
Sanibel Island
Airport
13.4 mi
Page Field (Fort Myers)
Shopping
7.4 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.