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$1,250,000
3 Days On Site

1506 NW 40th Place
Cape Coral, FL 33993

For Sale|Single Family Residence|Active
4
Beds
3
Total Baths
3
Full Baths
2,887
SqFt
$433
/SqFt
2020
Built
Subdivision:
CAPE CORAL
County:
Lee
Upcoming Open Houses
Sun, Jan 11, 1:00 PM - 4:00 PM
1506 NW 40th Place1506 NW 40th Place1506 NW 40th Place1506 NW 40th Place
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Mortgage Calculator

Monthly Payment (Est.)

$5,703
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

Welcome to 1506 NW 40th Place, a waterfront residence featuring the custom Marsala floor plan by Frey & Son Homes, ideally positioned on a direct sailboat-access canal with no bridges in Cape Coral. The inspection has been completed, with all items fully addressed, making this home truly move-in ready. The home does not currently have a dock; however, the seller is offering a credit at closing with an acceptable offer, allowing the next owner to design and build a private dock tailored to their lifestyle. Offering nearly 4,000 total square feet, this 4-bedroom, 3-full-bath home includes an oversized garage, a dedicated full pool bath, and a custom saltwater heated pool and spa, designed for effortless indoor–outdoor living. The home is centered around a expansive statement island and a sleek, modern layout, highlighted by hidden in-cabinet kitchen outlets that maintain clean lines throughout. Notable upgrades include a new full-home reverse osmosis system, one large electric roll-down screen for shaded outdoor comfort, and a full-home Generac generator for peace of mind. The primary suite features an electric shade providing adjustable light control and privacy, adding another layer of comfort and convenience. Set along an approximately 200-foot-wide canal, the property offers expansive water views and seamless boating access. Located within walking distance of the new Tropicana Park, soon to feature a beach, kayak launch, playground, green space, and additional recreational amenities. A polished, thoughtfully upgraded waterfront home in one of Cape Coral’s most desirable locations!

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Listing Snapshot
Price 
$1,250,000
Days On Site 
3 Days
Bedrooms 
4
Inside Area (SqFt) 
2,887 sqft
Total Baths 
3
Full Baths 
3
Partial Baths 
N/A
Lot Size 
0.23 Acres
Year Built 
2020
MLS® Number 
2026000840
Status 
Active
Property Tax 
$9,135.84
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Builder
Friends & Family
Recent Activity
3 days agoListing first seen on site
3 days agoListing updated with changes from the MLS®
General Features
Acres 
0.23
Attached Garage 
Yes
Direction Faces 
East
Disclosures 
Owner Has Flood Insurance, Rv Restrictions, Seller Disclosure
Garage 
Yes
Garage Spaces 
3
Number Of Stories 
1
Parking 
AttachedDrivewayGarageGolf Cart GaragePavedGarage Door Opener
Pets 
Yes
Property Sub Type 
Single Family Residence
Security 
Security System OwnedSecurity SystemKey Card EntrySmoke Detector(s)
Sewer 
Septic Tank
SqFt Total 
3676
Style 
Ranch, One Story
Utilities 
Cable Available
Zoning 
R1
Interior Features
Appliances 
OvenDouble OvenDryerDishwasherElectric CooktopFreezerDisposalMicrowaveRefrigeratorWater PurifierWasher
Cooling 
Central AirCeiling Fan(s)Electric
Flooring 
Concrete
Furnished 
Negotiable
Heating 
CentralElectric
Interior 
Coffered Ceiling(s)Eat-in KitchenKitchen IslandPantryWalk-In Closet(s)
Laundry Features 
Inside
Spa 
Yes
Bedroom 
Dimensions - 12.00 x 13.00Description - Bedroom
Den 
Dimensions - 10.00 x 12.00Description - Den
Dining Room 
Dimensions - 15.00 x 12.00Description - Dining Room
Garage 
Dimensions - 32.00 x 25.00Description - Garage
Great Room 
Dimensions - 22.00 x 17.00Description - Great Room
Kitchen 
Dimensions - 17.00 x 11.00Description - Kitchen
Master Bedroom 
Dimensions - 15.00 x 18.00Description - Master Bedroom
ScreenedPorch 
Dimensions - 13.00 x 33.00Description - Lanai
Utility Room 
Dimensions - 10.00 x 6.00Description - Utility Room
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Exterior Features
Construction Details 
BlockConcreteStucco
Lot Features 
Rectangular LotWaterfront
Patio And Porch 
ScreenedPorch
Pool Features 
Electric HeatHeatedIn GroundSalt WaterPool/Spa ComboPrivate
Private Pool 
Yes
Roof 
Shingle
Spa 
Yes
Spa Features 
GuniteIn Ground
View 
Canal
Waterfront 
Yes
Waterfront Features 
Canal AccessNavigable WaterSeawall
Waterview 
Canal
Windows/Doors 
French DoorsSliding Doors
Community Features
Association Amenities 
None
Financing Terms Available 
CashFHAVA Loan
MLS Area 
CC43 - Cape Coral Unit 58,59-61,76,
Roads 
Paved
Listing courtesy of Compass Florida, LLC


The data relating to real estate for sale on this website comes in part from the Florida Gulf Coast MLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.

Neighborhood & Commute
Source: Walkscore
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