NW CAPE · 33993
3921 40th Lane
Cape Coral, FL 33993
$292 / sq ft · 68 days on market
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- 3 Beds
- 3 Baths
- 1,629 Sq ft
- 2024 Built
- 0.244 ac Lot
How this home is priced
List price $474,900, measured against the last 120 days of new-construction closings in Cape Coral — comparable new builds are closing in about 110 days.
$292
Per sq ft
Sold median $240
+18.7%
vs median sold
$400K median
110 days
Median days to close
New construction
98.9%
Sold-to-list
Typical negotiation
Builder & community
- 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 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
PRICE IMPROVEMENT! Exceptional value in NW Cape Coral, this stunning new-construction pool home offers premium luxury upgrades rarely found under $475K. Skip the wait of building and step right into your private, move-in-ready oasis. Unlike standard models, this expanded floor plan features a highly desirable 3-bedroom plus versatile den layout (which easily serves as a 4th bedroom) and 2.5 bathrooms—perfect for keeping guest traffic out of your personal space. The interior boasts an open-concept design that maximizes natural light, all secured with energy-efficient impact windows. Seamless porcelain tile flows throughout the entire residence, providing a premium, cohesive aesthetic that stands out. Entertainers will love the central living area, highlighted by a built-in luxury TV set and a large electric fireplace integrated into a dramatic floor-to-ceiling marble surround. The adjoining kitchen is equipped with modern stainless steel appliances, high-end cabinetry, and a prominent center island with quartz countertops featuring a waterfall edge that serves as a functional and stunning focal point. Retreat to the primary en-suite, designed with upgraded finishes including modern fixtures, a free-standing soaking tub, a large walk-in shower, and a custom wood-textured accent wall. The additional full guest bathroom and the dedicated half-bathroom share the same clean lines and modern design aesthetic. The exterior of the property is equally well-appointed. It features a premium paver driveway, an installed irrigation system, clean landscaping, and a fully fenced backyard that ensures maximum privacy. The outdoor living space includes a spacious covered lanai with ample room for a dining table, making eating meals al fresco poolside an absolute breeze. Head out to the private swimming pool, thoughtfully designed without a restrictive pool enclosure to allow for unobstructed sky views and uninhibited Florida sunshine. Situated in a quiet, low-traffic neighborhood that offers a peaceful and secluded residential feel, this home combines serene living with remarkable future potential. You are positioned just minutes from the newly approved 47-acre **Seven Islands Project**—putting a world-class waterfront resort destination with public marinas, a lagoon beach, an outdoor amphitheater, and vibrant dining right in your area, driving long-term value. Commuting is effortless with quick access to the Burnt Store Road corridor heading north toward Punta Gorda, while local favorites like the Coral Oaks Golf Course and the coastal charm, art galleries, and fresh seafood of Matlacha and Pine Island are all just a short drive away.
Home features
- Bedrooms
- 3
- Bathrooms
- 3
- Living area
- 1,629 sqft
- Garage
- 2-car
- Pool
- Private pool
- Waterfront
- No
- Lot
- 0.244 acres
- Stories
- 1
- Year built
- 2024
Property details
- MLS #
- 1178101944
- Status
- Active · New construction
- MLS status
- Active
- Property type
- Single-family residence
- Subdivision
- CAPE CORAL
- Listed
- Aug 20, 2026
- Days on market
- 68
- ZIP
- 33993
- County
- Lee County
- Water
- Well
- Sewer
- Septic Tank
Location
Open in MapsListing agent
Melissa Patriarca
Redfin Corporation
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 Redfin Corporation.
Similar new builds nearby
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3921 40th Lane, Cape Coral
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