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$1,250,000

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 3 Full Baths
  • 2,887 Sq. Ft.
  • Updated 6 days ago
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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 outdoor kitchen space is already plumbed and ready for installation, allowing for easy customization. The home is centered around an 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 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.

Full Property Details for 1506 NW 40th Pl

General

  • Price: $1,250,000
  • Taxes: (2024)
  • Status: Active
  • Type: Single Family
  • Source: Bonita_Springs
  • MLS ID: 2026000840
  • Updated: 1/11/2026
  • Added to Site: 12 day(s) ago

Interior

  • Number of Rooms: 10
  • Interior Features: Split Bedrooms, Great Room, Den - Study, Guest Bath, Guest Room, Coffered Ceiling(s), Custom Mirrors, Pantry, Walk-In Closet(s)
  • Appliances: Electric Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Washer, Freezer, Microwave, Refrigerator/Freezer, Reverse Osmosis, Wall Oven
  • Furnishings: Negotiable
  • Flooring: Concrete

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Primary Bathroom: Dual Sinks, Multiple Shower Heads, Separate Tub And Shower

Bedrooms

  • Total Bedrooms: 4
  • Primary Bedroom: Master BR Ground

Other Rooms

  • Kitchen: Kitchen Island, Pantry
  • Dining Room: Dining - Family, Eat-in Kitchen
  • Laundry: Inside, Sink

Additional Information

  • Shared Amenities: None, No Subdivision, Non-Gated
  • Pool: Yes
  • Private Pool: Yes
  • Pool Description: In Ground, Concrete, Equipment Stays, Electric Heat, Salt Water
  • Spa: Yes
  • Spa Description: In Ground, Concrete, Equipment Stays, Heated (Electric), Integrated with Pool
  • Security/Safety: Smoke Detectors
  • Equipment: Generator

Exterior

  • Exterior Features: Automatic Sprinkler
  • Porch/Patio/Deck: Open Porch/Lanai, Screened Lanai/Porch

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 3
  • Covered Spaces: 3
  • Parking Features: 2+ Spaces, Driveway Paved, Golf Cart Garage, Garage Door Opener, Attached

Location

  • Area: CC43 - Cape Coral Unit 58, 59-61, 76,
  • County: Lee
  • Subdivision: CAPE CORAL
  • Building Name: CAPE CORAL
  • Direction Faces: East

Community

  • Assoc. Fees Include: None
  • Units Assoc/Comm: 1
  • Pets Allowed: Yes
  • Management Type: None

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Ceiling Fan(s), Central Electric
  • Heating Type: Central Electric

Utilities

  • Sewer: Septic Tank
  • Water: Reverse Osmosis - Entire House
  • Cable Available: Yes
  • Utility Description: Cable Available

Structural Information

  • Description/Design: Single Family Residence
  • Exterior Const.: Concrete Block, Stucco
  • Roof: Shingle
  • Windows: Impact Resistant, Impact Resistant Windows
  • Doors: Impact Resistant Doors, French Doors, Zero/Corner Door Sliders
  • Stories/Levels: 1
  • Stories in Building: 1
  • Square Feet: 2,887
  • Sq. Ft. Source: Architectural Plans, Developer Brochure
  • Living Area: 2,887 Sq. Ft.
  • Year Built: 2020

Lot Features

  • Property View: Canal
  • Lot Size (Acres): 0.23
  • Lot Size (Sq. Ft.): 10,018
  • Lot Size Source: Property Appraiser Office
  • Lot Dimensions: 80 x 80 x 125 x 125
  • Frontage Feet: 80
  • Street/Road Desc.: Paved
  • Road Maintenance: City Maintained
  • Irrigation System: Well
  • Lot Features: Regular
  • Zoning: R1
  • Lot Description: Regular

Water Features

  • Water Front: Yes
  • Gulf Access: Yes
  • Water Front Desc.: Canal Front, Navigable Water, Seawall
  • Canal Width: Canal Width 151-200

Financial Considerations

  • Tax Year: 2024
  • Terms: Buyer Finance/Cash, FHA, VA Loan

Disclosures and Reports

  • Ownership: Single Family
  • Legal Description: CAPE CORAL UNIT 81 BLK 5213 PB 24 PG 112 LOTS 17 + 18
  • Property ID: 01-44-22-C2-05213.0170
  • Section: 1
  • Block: 5213
  • Lot Number: 17

Listed by Compass Florida, LLC

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Listing agent

— 1506 NW 40th Pl —

  • Compass Florida, LLC

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 1506 NW 40th Pl

School District:Lee County School District, Fort Myers, FL
NameGradesDistance
Trafalgar Elementary School
1850 Southwest 20th Avenue, Cape Coral, FL 33991
K-55 mi
Hector A. Cafferata Jr Elementary School
250 Santa Barbara Boulevard North, Cape Coral, FL 33993
K-55.3 mi
Patriot Elementary School
711 Southwest 18th Street, Cape Coral, FL 33991
K-55.9 mi
Mariner Middle School
425 Chiquita Boulevard North, Cape Coral, FL 33993
6-83.4 mi
Challenger Middle School, Cape Coral, FL
624 Trafalgar Parkway, Cape Coral, FL 33991
6-85.8 mi
Mariner High School
701 Chiquita Boulevard North, Cape Coral, FL 33993
9-123.4 mi
Cape Coral High School
2300 Santa Barbara Boulevard, Cape Coral, FL 33991
9-126.9 mi
Ida S. Baker High School
3500 Agualinda Boulevard, Cape Coral, FL 33914
9-126.9 mi
Skyline Elementary School
620 Southwest 19th Street, Cape Coral, FL 33991
K-56.1 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1506 NW 40th Pl Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/06/2026
Listed
$1,250,000
1462.5%
MLS
10/23/2018
Sold
$80,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1506 NW 40th Pl

Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,518
4%
$575,394
3%
2024
$9,136
2%
$559,178
3%
2023
$8,925
16%
$542,891
23%
2021
$7,662
-10%
$443,066
-16%
2022
$8,494
11%
$527,079
520%
2021
$7,662
316%
$85,000
—
2019
$1,840
6%
$85,000
15%
2018
$1,743
11%
$74,084
5%
2017
$1,571
1%
$70,253
-10%
2016
$1,548
4%
$78,000
—
2015
$1,493
-6%
$78,000
-22%
2014
$1,585
48%
$100,000
117%
2013
$1,072
—
$46,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Compass Florida, LLC

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1506 NW 40th Pl, Cape Coral, FL 33993 (MLS# 2026000840) is a Single Family property with 4 bedrooms and 3 full bathrooms. 1506 NW 40th Pl is currently listed for $1,250,000 and was received on January 06, 2026. Want to learn more about 1506 NW 40th Pl? Do you have questions about finding other Single Family real estate for sale in Cape Coral? You can browse all Cape Coral real estate or contact a Coldwell Banker agent to request more information.

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