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3921 40th Lane, Cape Coral
New construction
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NW CAPE · 33993

3921 40th Lane

Cape Coral, FL 33993

$490,000
New construction Zone AE

$301 / sq ft · 23 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 $490,000, measured against the last 120 days of new-construction closings in Cape Coral — comparable new builds are closing in about 106 days.

$301

Per sq ft

Sold median $231

+22.5%

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
See all homes

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

This new construction home at 3921 NW 40th Ln in Cape Coral features a rare 2.5-bath layout ideal for entertaining. The expanded floor plan offers three bedrooms plus a versatile den that easily serves as a fourth bedroom, all secured with energy-efficient impact windows. The interior features an open-concept design that maximizes natural light, elevated by seamless porcelain tile flooring installed throughout the entire residence. This provides a premium, cohesive aesthetic that stands out against properties with mixed flooring materials. The central living area is 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 focal point for entertaining. The primary en-suite bathroom is designed with upgraded finishes, complete with modern fixtures, a free-standing soaking tub, a large walk-in shower, and a 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, featuring an installed irrigation system, clean landscaping, a premium paver driveway, and a fully fenced backyard that ensures maximum privacy. The outdoor living space features 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 Cape Coral neighborhood, the home provides convenient access to local amenities, including the nearby Coral Oaks Golf Course and the coastal community of Matlacha, known for its art galleries and seafood restaurants.

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
23
ZIP
33993
County
Lee County
Water
Well
Sewer
Septic Tank

Location

Open in Maps
MP

Listing agent

Melissa Patriarca

Redfin Corporation

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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 Redfin Corporation.

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