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518 1st Lane, Cape Coral
New construction
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NW CAPE · 33993

518 1st Lane

Cape Coral, FL 33993

$530,000
New construction Reduced $20K Zone X

$294 / sq ft · 267 days on market

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  • 4 Beds
  • 3 Baths
  • 1,800 Sq ft
  • 2026 Built
  • 0.23 ac Lot

How this home is priced

List price $530,000, measured against the last 120 days of new-construction closings in Cape Coral — comparable new builds are closing in about 106 days.

$294

Per sq ft

Sold median $231

+32.5%

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
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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
Assessment Unpaid
Sewer
Assessment Unpaid
Utility assessment
Unpaid — on record

Unpaid utility assessment on record. An unpaid balance is recorded against this property. Confirm the amount and who pays it at closing.

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

BACK ON THE MARKET - POOL PERMIT COMPLETED & CLOSED! $5,000 SELLER CREDIT AVAILABLE - BEST VALUE IN CAPE CORAL!!! Luxury New Construction POOL HOME – 2026!! NW Cape Coral CITY WATER !! Experience refined modern living in this brand-new 2026 luxury residence offering approximately 1,800 sq ft of thoughtfully designed space. This stunning home features 4 spacious bedrooms, 3 full designer bathrooms, and a seamless open-concept layout ideal for both everyday living and entertaining. Enjoy a private saltwater pool, an elegant outdoor kitchen, and a fully fenced yard with modern privacy fencing, creating a true resort-style ambiance. Inside, the home showcases contemporary custom cabinetry, high-end finishes, and clean architectural lines throughout. The property is enhanced by an oversized paver driveway, a 2-car garage, and built with impact-resistant windows and doors for comfort, security, and energy efficiency. Ideally located in NW Cape Coral with city water, just minutes from Sam’s Club, Walmart, shopping, dining, and major conveniences. No HOA. A rare opportunity to own a sophisticated new construction combining luxury, location, and modern design. SCHEDULE YOUR PRIVATE SHOWING TODAY!

Home features

Bedrooms
4
Bathrooms
3
Living area
1,800 sqft
Garage
2-car
Pool
Private pool
Waterfront
No
Lot
0.23 acres
Stories
1
Year built
2026

Property details

MLS #
1149657181
Status
Active · New construction
MLS status
Active
Property type
Single-family residence
Subdivision
CAPE CORAL
Listed
Dec 19, 2025
Days on market
267
ZIP
33993
County
Lee County
Water
Assessment Unpaid
Sewer
Assessment Unpaid

Location

Open in Maps
IST

Listing agent

Inay Socarras Torres

Innova Real Estate Corp

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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 Innova Real Estate Corp.

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