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1227 40th Place, Cape Coral
New construction
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NW CAPE · 33993

1227 40th Place

Cape Coral, FL 33993

$499,000
New construction Reduced $11K Zone AE

$248 / sq ft · 178 days on market

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  • 4 Beds
  • 3 Baths
  • 2,010 Sq ft
  • 2023 Built
  • 0.23 ac Lot

How this home is priced

List price $499,000, measured against the last 120 days of new-construction closings in Cape Coral — comparable new builds are closing in about 106 days.

$248

Per sq ft

Sold median $231

+24.8%

vs median sold

$400K median

106 days

Median days to close

New construction

99.1%

Sold-to-list

Typical negotiation

Builder & community

Builder
Community
CAPE CORAL
Subdivision
CAPE CORAL
MLS status
Active
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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 AE

1% annual-chance flood zone. New construction is built to current base-flood elevation, which is why new homes here often insure for a fraction of older ones. Read the flood-zone guide.

About this home

Discover modern coastal living at its finest in this stunning pool home located in the highly sought-after Old Burnt Store neighborhood, just moments from the exciting Seven Islands development in Cape Coral. This beautifully designed 4-bedroom, 3-bath residence welcomes you with impressive 8-foot double entry doors and soaring volume ceilings accented by a dramatic 72-inch ceiling fan, creating a bright and open atmosphere from the moment you step inside. Thoughtfully designed with entertaining in mind, the spacious open-concept layout seamlessly connects the living, dining, and kitchen areas, making it perfect for hosting family and friends. The chef-inspired island kitchen features elegant quartz countertops, a large eat-in island, soft-close cabinetry, and stylish finishes throughout—ideal for everything from casual meals to special gatherings. Every detail of this home reflects quality craftsmanship and modern design, including sleek tile flooring, elevated tray ceilings, and carefully selected finishes that create a warm yet sophisticated feel. The primary suite offers a private retreat with generous space, two walk-in closets, and a luxurious bathroom featuring dual vanities and a frameless glass shower equipped with a European-style shower tower, body sprayers, and a rainfall shower head. The additional bedrooms are thoughtfully arranged, including a convenient Jack-and-Jill bathroom and a third full bath that also functions perfectly as a future pool bath. Step outside and embrace the Florida lifestyle in your heated saltwater pool, complete with a relaxing fountain and ledge lounger—perfect for soaking up the sunshine. The covered lanai includes an outdoor shower and summer kitchen, creating the ultimate space for cookouts, gatherings, and unforgettable evenings outdoors with peaceful setting on a quiet street in one of Cape Coral’s fastest-growing areas. This exceptional home blends comfort, style, and location—offering the perfect place to enjoy everything Southwest Florida has to offer.

Home features

Bedrooms
4
Bathrooms
3
Living area
2,010 sqft
Garage
2-car
Pool
Private pool
Waterfront
No
Lot
0.23 acres
Stories
1
Year built
2023

Property details

MLS #
1154467143
Status
Active · New construction
MLS status
Active
Property type
Single-family residence
Subdivision
CAPE CORAL
Listed
Mar 18, 2026
Days on market
178
ZIP
33993
County
Lee County
Water
Well
Sewer
Septic Tank

Location

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Listing agent

A.D. Diaz

Century 21 Sunbelt Realty

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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 Century 21 Sunbelt Realty.

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