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Sale Pending at 1506 NW 40th Place, Cape Coral, FL 33993 | MLS# 2026000840 | Listing updated on 2026-07-13
Photo 1 of Sale Pending at 1506 NW 40th Place, Cape Coral, FL 33993 | MLS# 2026000840 | Listing updated on 2026-07-13
Photo 2 of Sale Pending at 1506 NW 40th Place, Cape Coral, FL 33993 | MLS# 2026000840 | Listing updated on 2026-07-13
Photo 3 of Sale Pending at 1506 NW 40th Place, Cape Coral, FL 33993 | MLS# 2026000840 | Listing updated on 2026-07-13
Photo 4 of Sale Pending at 1506 NW 40th Place, Cape Coral, FL 33993 | MLS# 2026000840 | Listing updated on 2026-07-13
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$1,199,000

Monthly Est:$5,968

  • Beds Icon4 Beds
  • Beds Icon
    3 Baths
  • Beds Icon2,887sqft

1506 NW 40th Place, Cape Coral, FL 33993

$5,968/moEst:

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  • Single Family Residence

  • Built in 2020

  • $-- HOA

  • 0.23 acre lot

  • $415/sq.ft

Description

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.

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 outdoor kitchen space is already plumbed and ready for installation, allowing for easy customization.

The home is centered around an expansive s
tatement 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 powered by a 240-gallon propane tank for added reliability and 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.

  • Houzeo last checked: 7 minutes ago
  • Listing updated: July 13, 2026 at 5:26 pm
  • Listing Provided by: Ariel Burnham (239) 470-8403 DRE #258029444 | Compass Florida, LLC (305) 851-2820
  • Source: Florida Gulf Coast MLS, Fort Myers-FL | MLS#: 2026000840 Florida Gulf Coast MLS, Fort Myers-FL

Property Details

  • Status

    Pending

  • Type

    Single Family Residence

  • No. of Stories

    1

  • County

    Lee County

  • City

    Cape Coral

  • Neighborhood

    --

  • Year Built

    2020

  • HOA Fees

    -

  • Finished Area

    2,887 sqft

  • Lot Size

    0.23 acre lot

  • Basement Area

    - sqft

  • MLS Name

    Florida Gulf Coast MLS, Fort Myers

  • MLS Number

    2026000840

  • MLS Status

    Pending

  • Days on Market

    301

  • Cumulative Days on Market

    188

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 4

    Bathrooms: 3

Interior

  • Flooring

    Concrete

  • Cooling

    Central Air, Ceiling Fans, Electric

  • Window Features

    Impact Glass

  • Exterior Features

    Security High Impact Doors, Sprinkler Irrigation

  • Sewer

    Septic Tank

  • Interior Features

    Attic, Bedroom On Main Level, Bathtub, Coffered Ceilings, Dual Sinks, Eat In Kitchen, Family Dining Room, French Doors Atrium Doors, Kitchen Island, Living Dining Room, Multiple Shower Heads, Custom Mirrors, Main Level Primary, Pantry, Pull Down Attic Stairs, Separate Shower, Walk In Closets, Split Bedrooms

  • Heating

    Central, Electric

  • Appliances

    Built In Oven, Double Oven, Dryer, Dishwasher, Electric Cooktop, Freezer, Disposal, Microwave, Refrigerator, Water Purifier, Washer

Construction

  • Year Built

    Year Built: 2020

  • Home type

    Single Family Residence

  • Architectural Style

    Ranch, One Story

  • Property Condition

    Resale

  • Construction Materials

    Block, Concrete, Stucco

  • Roof

    Shingle

Utilities & Energy

  • Pool Features

    Concrete, Electric Heat, Heated, In Ground, Pool Equipment, Salt Water, Pool Spa Combo

  • Security Features

    Security System Owned, Burglar Alarm Monitored, Security System, Key Card Entry, Smoke Detectors

  • Association Amenities

    None

  • Parking Features

    Attached, Driveway, Garage, Golf Cart Garage, Paved, Two Spaces, Garage Door Opener

  • Laundry Features

    Inside, Laundry Tub

  • Utilities

    Cable Available, High Speed Internet Available

Other Features

  • Patio And Porch Features

    Lanai, Open, Porch, Screened

  • Community Features

    Non Gated, None

  • Lot Features

    Rectangular Lot, Sprinklers Automatic

  • Subdivision Name

    Cape Coral

  • Disclosures

    Owner Has Flood Insurance, Other, Rv Restrictions, Seller Disclosure

Price History

DateEventPrice

07/13/2026

Source: mls_logoFlorida Gulf Coast MLS, Fort Myers-FL #2026000840

Pending

$1,199,000

$415/sqft

04/13/2026

Source: mls_logoFlorida Gulf Coast MLS, Fort Myers-FL #2026000840

Price Decreased

$1,199,000 -2.12%

$415/sqft

02/22/2026

Source: mls_logoFlorida Gulf Coast MLS, Fort Myers-FL #2026000840

Price Decreased

$1,225,000 -2.00%

$424/sqft

01/06/2026

Source: mls_logoFlorida Gulf Coast MLS, Fort Myers-FL #2026000840

Listed for Sale

$1,250,000

$433/sqft

Nearby Homes

Based on information from the Florida Gulf Coast Multiple Listing Service, Inc. through Nov 04, 2026, 01:45AM. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified. Some IDX listings have been excluded from this website. © 2026 Florida Gulf Coast Multiple Listing Service - All Rights Reserved.

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