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$320,000
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Property Description
~Buyers financing fell through, home is available again!~ Welcome to your dream waterfront lifestyle in Cape Coral! This stunning new construction home offers the perfect blend of modern comfort and Florida's natural beauty, nestled on intersecting canals that provide exceptional water access and views. Step inside to discover 1,774 square feet of thoughtfully designed living space featuring four spacious bedrooms and two well-appointed bathrooms. The interior showcases upgraded granite countertops throughout, adding an elegant touch to both the kitchen and bathrooms. The primary bedroom is a true retreat, boasting dual walk-in closets that provide ample storage space for all your belongings. One of this property's most compelling advantages is its location outside of a special flood hazard zone - a rare and valuable benefit for waterfront living in Florida that offers additional peace of mind and potential insurance savings. The real showstopper is the backyard, where intersecting canals create an outdoor paradise. The strategic positioning of the home provides a rear exposure that looks directly down one of the canals, offering expansive water views that change with the light throughout the day. Whether you're an avid angler, kayaking or light boating enthusiast you'll appreciate the direct water access right from your own property. The neighborhood offers the perfect balance of tranquility and convenience. Nearby Island Coast High School provides quality education options within easy reach. Nature lovers will appreciate the proximity to Gator Trails Park, where walking paths invite you to enjoy Florida's unique ecosystem. For everyday necessities, Publix Super Market at Shoppes at North Cape is just a short drive away, and golf enthusiasts will appreciate being near Del Tura Golf & Country Club. Cape Coral's famous 400+ miles of canals are at your doorstep. Imagine weekends spent fishing from your backyard, paddling through the canals, or taking your boat out for sunset cruises. This thoughtfully constructed home combines the appeal of new construction - with contemporary designs and modern energy efficiency - with the timeless allure of waterfront living. Everything is fresh and ready for you to add your personal touches and create memories that will last a lifetime. Don't miss this opportunity to embrace the coveted Southwest Florida lifestyle in a home that truly delivers on location, quality, and waterfront enjoyment.
Full Property Details
Full Property Details for 1535 NE 40th St
General
- Sold For: $320,000
- Taxes: (2024)
- Status: Closed
- Type: Single Family
- Source: Bonita_Springs
- MLS ID: 225048975
- Added to Site: 242 day(s) ago
Interior
- Interior Features: Split Bedrooms, Great Room, Bar, Built-In Cabinets, Cathedral Ceiling(s), Walk-In Closet(s)
- Appliances: Microwave, Range, Refrigerator with Icemaker
- Furnishings: Unfurnished
- Flooring: Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Primary Bathroom: Dual Sinks, Shower Only
Bedrooms
- Total Bedrooms: 4
- Primary Bedroom: Master BR Ground
Other Rooms
- Kitchen: Kitchen Island
- Dining Room: Breakfast Room, Eat-in Kitchen
- Laundry: Washer/Dryer Hookup, Inside
Additional Information
- Shared Amenities: None, Non-Gated
Exterior
- Exterior Features: Room for Pool
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Driveway Paved, Garage Door Opener, Attached
Location
- Area: CC32 - Cape Coral Unit 84-88
- County: Lee
- Subdivision: CAPE CORAL
- Building Name: CAPE CORAL
- Direction Faces: Southeast
Community
- Assoc. Fees Include: None
- Units Assoc/Comm: 1
- Pets Allowed: Yes
- Management Type: None
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Electric
- Heating Type: Central Electric
Utilities
- Sewer: Septic Tank
- Water: Well
- Cable Available: Yes
- Utility Description: Cable Available
Structural Information
- Architectural Style: Contemporary
- Description/Design: Single Family Residence
- Exterior Const.: Concrete Block, Stucco
- Roof: Shingle
- Windows: Single Hung, Shutters
- Entry Floor Number: 1
- Stories/Levels: 1
- Stories in Building: 1
- Square Feet: 1,774
- Sq. Ft. Source: Architectural Plans
- Living Area: 1,774 Sq. Ft.
- Year Built: 2025
- Property Condition: New Construction
Lot Features
- Property View: Canal, Intersecting Canal, Water
- 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
- Irrigation System: Well
- Lot Features: Regular
- Zoning: R1-W
- Lot Description: Regular
Water Features
- Water Front: Yes
- Water Front Desc.: Canal Front, Freshwater, Intersecting Canal
- 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 87 BLK 5747 PB 24 PG 70 LOTS 5 + 6
- Property ID: 18-43-24-C3-05747.0050
- Section: 18
- Block: 5747
- Lot Number: 5
Listed by DomainRealty.com LLC
Sold by Elite Edge Fl Realty
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Schools
Schools serving 1535 NE 40th St
School District:Lee County School District, Fort Myers, FL
| Name | Grades | Distance |
|---|---|---|
Dr Carrie D Robinson Littleton Elementary School 700 Hutto Road, North Fort Myers, FL 33903 | K-5 | 3 mi |
Diplomat Elementary School 1115 Northeast 16th Terrace, Cape Coral, FL 33909 | K-5 | 3.2 mi |
North Fort Myers Academy For The Arts 1856 Arts Way, North Fort Myers, FL 33917 | 6-8 | 4.1 mi |
Diplomat Middle School 1039 Northeast 16th Terrace, Cape Coral, FL 33909 | 6-8 | 3.2 mi |
Caloosa Middle School 610 Del Prado Boulevard South, Cape Coral, FL 33990 | 6-8 | 6.1 mi |
Mariner Middle School 425 Chiquita Boulevard North, Cape Coral, FL 33993 | 6-8 | 6.3 mi |
Island Coast High School 2125 De Navarra Parkway, Cape Coral, FL 33909 | 9-12 | 0.8 mi |
North Fort Myers High School 5000 Orange Grove Boulevard, North Fort Myers, FL 33903 | 9-12 | 5.3 mi |
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993 | 9-12 | 6 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 1535 NE 40th St
Date
Details
Price
Change
Source
8/22/2025
Sold
$320,000
-2.88%
MLS
7/23/2025
Price Reduced
$329,500
-2.95%
MLS
6/20/2025
Price Reduced
$339,500
-5.67%
MLS
5/30/2025
Price Reduced
$359,900
-1.37%
MLS
5/25/2025
Price Reduced
$364,900
-3.95%
MLS
5/20/2025
Listed
$379,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1535 NE 40th St, Cape Coral, FL 33909 (MLS# 225048975) is a Single Family property that was sold at $320,000 on August 22, 2025. Want to learn more about 1535 NE 40th St? 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.

