NE CAPE · 33909
1046 40th Terrace
Cape Coral, FL 33909
$219 / sq ft · 20 days on market
Track this home — get price & status updates
Registered users see price history and days on market, and get an email the moment this listing changes price or goes pending.
- 3 Beds
- 2 Baths
- 1,331 Sq ft
- 2026 Built
- 0.244 ac Lot
How this home is priced
List price $291,990, measured against the last 120 days of new-construction closings in Cape Coral — comparable new builds are closing in about 113 days.
$219
Per sq ft
Sold median $236
-26.8%
vs median sold
$399K median
113 days
Median days to close
New construction
98.9%
Sold-to-list
Typical negotiation
Builder & community
- Builder
- Christopher Alan Homes
- Community
- CAPE CORAL
- Subdivision
- CAPE CORAL
- MLS status
- Active
Utilities & assessments
Cape Coral's Utilities Extension Project converts well-and-septic streets to city water; the assessment follows the property.
- Water
- Well
- Sewer
- Septic Tank
- Utility assessment
- Possible in future
Possible future utility assessment. This street is on well and septic today. A future UEP assessment (often $12,000+) may be levied when city utilities arrive; ask the builder whether it is included.
Source: MLS. Verify current and future utility assessment status with the City of Cape Coral and the seller.
Flood zone Zone X
Minimal flood risk. Flood insurance is optional for most lenders and typically inexpensive on a new build. Read the flood-zone guide.
About this home
One or more photo(s) has been virtually staged, AI generated or rendered. NEW CONSTRUCTION - Move-in Ready! SPECIAL INCENTIVES: Up to $18k toward closing costs, rate buydowns, and prepaids when using preferred lender and title. Designed for comfortable Florida living, the Cabbage Key is a thoughtfully crafted three-bedroom, two-bath home offers an open-concept layout that maximizes both space and functionality. A welcoming foyer leads into the heart of the home, where the kitchen overlooks the spacious Great Room and dining area, creating the perfect setting for entertaining or everyday living. The vaulted ceiling enhances the main living space, while sliding glass doors open to a covered lanai, seamlessly blending indoor and outdoor living. The kitchen features a central island with additional seating and plenty of workspace, making it the natural gathering place for family and friends. Privately situated at the rear of the home, the primary suite offers a peaceful retreat with a generous walk-in closet and an ensuite bath featuring dual vanities and a walk-in shower. Two secondary bedrooms, located near the front of the home, share a full bath and provide flexibility for guests or a home office. Located off the kitchen, the laundry room provides direct access to the spacious two-car garage for added everyday convenience. Exterior rendering, photos, & virtual tour are of a similar home and are used for display purposes only.
Home features
- Bedrooms
- 3
- Bathrooms
- 2
- Living area
- 1,331 sqft
- Garage
- 2-car
- Pool
- No
- Waterfront
- No
- Lot
- 0.244 acres
- Stories
- 1
- Year built
- 2026
Property details
- MLS #
- 1193821760
- Status
- Active · New construction
- MLS status
- Active
- Property type
- Single-family residence
- Subdivision
- CAPE CORAL
- Listed
- Oct 23, 2026
- Days on market
- 20
- ZIP
- 33909
- County
- Lee County
- Water
- Well
- Sewer
- Septic Tank
Location
Open in MapsListing agent
Charles Gilkey
Christopher Alan Realty LLC
The data relating to real estate for sale on this website comes in part from the Southwest Florida MLS. Real estate listings held by brokerage firms other than the listing broker are marked with the IDX logo. Information deemed reliable but not guaranteed. © 2026 Southwest Florida MLS. Listing courtesy of Christopher Alan Realty LLC.
Similar new builds nearby
View allBy submitting this form, you consent to receive SMS text messages and/or phone calls from Team John Garuti – EXP Realty at the phone number provided, regarding your inquiry and related real-estate updates. Message and data rates may apply and message frequency varies. Reply STOP to opt out or HELP for help at any time. Consent is not a condition of purchase. You also agree to our Privacy Policy and Terms of Service.
Requesting
1046 40th Terrace, Cape Coral
Step 3 of 3
Tour request received
We'll text you shortly to confirm the time.
What happens next
- We'll text you right away to confirm.
- No obligation — the builder pays our fee.
- Want to see more than one? Say so in the text and we'll route it.
We created your free account — you're signed in.
Save homes, set price-drop alerts and track listings anytime from My Favorites.