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Property Description
Some homes have water access. This one has the kind boaters move to Florida for: direct sailboat access, no bridges, from a wide-water lot on a 200-foot canal just 150 yards off the Caloosahatchee. Untie the lines and you are running open water before your coffee cools. Set in the sought-after Savona neighborhood of southeast Cape Coral, this two-story, 5-bedroom, 6-bath residence of approximately 3,600 square feet is built around the view. The outdoor living rivals a private resort: a resurfaced saltwater pool, new travertine decking, a full outdoor kitchen, and a waterfront tiki hut made for long evenings after a day offshore. At the water, a new composite dock deck, a 40-foot slip, a 30,000-lb boat lift, and a Jet Ski lift wait for whatever you keep in the water. Step inside and the scale registers immediately: ~12-foot ceilings on the main level, with luxury maintenance-free LVP flooring throughout. Four bedrooms are en-suite with walk-in closets, and a flexible fifth room serves as a home office, den, or guest suite. The primary suite is genuinely private, with its own mini-split and dedicated water heater. The gourmet kitchen anchors the home with expansive custom cabinetry, a 48-inch gas range with double oven and griddle, a wood-paneled refrigerator, and a seamless 6.5-by-11-foot island built for a crowd. This home was built to run itself. A new standing-seam metal roof and Large Missile impact-rated windows (both 2024), hurricane screens on the lanai (2025), paid-in-full net-metered solar, Tesla Powerwall batteries, and a 24kW Generac generator on a 500-gallon underground tank mean it closes up tight and keeps running on its own terms. Dual Trane 16-SEER variable-speed HVAC systems (2024 and 2026), a new pool pump, heater, and saltwater system (2024), central vacuum, and full-perimeter security round it out. Electric bills averaged $50 a month or less in 2025. Fine dining and nightlife are minutes away, so a quiet evening on the water and a night out are equally easy decisions. Bridge-free open water. Resort-caliber outdoor living. Nothing left to do but arrive. Schedule your private showing.
Full Property Details
Full Property Details for 1918 SE 40th St
General
- Price: $2,695,000
- Taxes: (2025)
- Status: Active
- Type: Single Family
- Source: Bonita_Springs
- MLS ID: 2026036086
- Updated: 8/28/2026
- Added to Site: 1 day(s) ago
Interior
- Interior Features: Central Vacuum, Den - Study, Family Room, Guest Bath, Guest Room, Home Office, Wired for Data, Closet Cabinets, Pantry, Tray Ceiling(s), Volume Ceiling, Walk-In Closet(s)
- Appliances: Dishwasher, Disposal, Double Oven, Dryer, Washer, Water Treatment (Owned), Microwave, Range, Refrigerator, Self-Cleaning Oven
- Furnishings: Negotiable
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 6
- Primary Bathroom: Dual Sinks, Separate Tub And Shower
Bedrooms
- Total Bedrooms: 5
- Primary Bedroom: Master BR Ground
Other Rooms
- Kitchen: Kitchen Island, Pantry
- Dining Room: Breakfast Bar, Dining - Family, Formal
- Laundry: Inside
Additional Information
- Shared Amenities: None, Boating, Non-Gated
- Pool: Yes
- Private Pool: Yes
- Pool Description: In Ground, Concrete, Electric Heat, Salt Water, Self Cleaning
- Spa: Yes
- Spa Description: In Ground, Concrete, Heated (Electric), Integrated with Pool
- Security/Safety: Smoke Detectors
- Equipment: Generator
Exterior
- Exterior Features: Boat Canopy/Cover, Dock, Boat Lift, Composite Dock, Dock Included, Elec Avail at dock, Water Avail at Dock, Outdoor Kitchen, Outdoor Shower, Automatic Sprinkler
- Porch/Patio/Deck: Open Porch/Lanai
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 3
- Covered Spaces: 3
- Parking Features: Driveway Paved, Garage Door Opener, Attached
Location
- Area: CC12 - Cape Coral Unit 7-15
- County: Lee
- Subdivision: SAVONA
- Building Name: SAVONA
- Driving Directions: Use GPS.
- Direction Faces: North
School Information
- Elementary School: CAPE ELEMENTARY SCHOOL
- Middle School: GULF MIDDLE
- High School: CAPE CORAL HIGH SCHOOLOOL
Community
- Assoc. Fees Include: None
- Pets Allowed: Yes
- Management Type: None
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Central Electric, Other, Zoned
- Heating Type: Central Electric
- Ceiling Fan(s): 7
Utilities
- Gas: Propane
- Sewer: Assessment Paid, Central
- Water: Assessment Paid, Central
- Cable Available: Yes
- Utility Description: Propane, Cable Available, Natural Gas Available
Structural Information
- Architectural Style: Traditional
- Description/Design: Single Family Residence
- Exterior Const.: Concrete Block, Stucco
- Roof: Metal
- Windows: Impact Resistant, Impact Resistant Windows, Shutters - Screens/Fabric, Window Coverings
- Doors: Impact Resistant Doors
- Stories/Levels: 2
- Stories in Building: 2
- Square Feet: 3,562
- Sq. Ft. Source: Property Appraiser Office
- Living Area: 3,562 Sq. Ft.
- Year Built: 2011
Additional Structures
- Other Structures: Tiki Hut
Lot Features
- Property View: Canal, Partial River
- Lot Size (Acres): 0.23
- Lot Size (Sq. Ft.): 10,018
- Lot Size Source: Property Appraiser Office
- Lot Dimensions: 80 x 80 x 120 x 120
- Frontage: Public Road
- Frontage Feet: 80
- Road Maintenance: City Maintained
- Fence: Yes
- Irrigation System: Assessment Paid
- Lot Features: Regular
- Zoning: R1
- Lot Description: Regular
- Fencing (Description): Fenced
Water Features
- Water Front: Yes
- Gulf Access: Yes
- Water Front Desc.: No Bridge(s)/Water Direct, Via Boat Lift, Canal Front
- Canal Width: Canal Width 200+
- Boat Dock Slip: Yes
Financial Considerations
- Tax Year: 2025
- Terms: Buyer Finance/Cash, FHA, VA Loan
Disclosures and Reports
- Ownership: Single Family
- Legal Description: CAPE CORAL UNIT 11 BLK 394 PB 13 PG 43 LOTS 9 + 10
- Property ID: 08-45-24-C2-00394.0090
- Section: 8
- Block: 394
- Lot Number: 9
Listed by RE/MAX Nautical Realty
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Schools
Schools serving 1918 SE 40th St
School District:Lee County School District, Fort Myers, FL
| Name | Grades | Distance |
|---|---|---|
Cape Elementary School 4519 Vincennes Boulevard, Cape Coral, FL 33904 | K-5 | 1.2 mi |
Pelican Elementary School 3525 Southwest 3rd Avenue, Cape Coral, FL 33914 | K-5 | 3 mi |
Gulf Elementary School 3400 Southwest 17th Place, Cape Coral, FL 33914 | K-5 | 5.1 mi |
Gulf Middle School, Cape Coral, FL 1809 Southwest 36th Terrace, Cape Coral, FL 33914 | 6-8 | 5 mi |
Trafalgar Middle School 2120 Trafalgar Parkway, Cape Coral, FL 33991 | 6-8 | 6 mi |
Cape Coral High School 2300 Santa Barbara Boulevard, Cape Coral, FL 33991 | 9-12 | 3.6 mi |
Ida S. Baker High School 3500 Agualinda Boulevard, Cape Coral, FL 33914 | 9-12 | 5.2 mi |
North Fort Myers High School 5000 Orange Grove Boulevard, North Fort Myers, FL 33903 | 9-12 | 6 mi |
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993 | 9-12 | 7.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1918 SE 40th St
Date
Details
Price
Change
Source
8/28/2026
Listed
$2,695,000
191.35%
MLS
8/24/2020
Sold
$925,000
—
Public Record
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
Tax History for 1918 SE 40th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,509
—
$1,097,478
3%
2025
$1,509
-91%
$1,068,625
3%
2024
$16,666
2%
$1,038,508
3%
2023
$16,374
1%
$1,008,260
6%
2021
$16,287
5%
$949,968
-2%
2022
$15,580
-4%
$972,376
11%
2021
$16,287
-3%
$876,126
-1%
2019
$16,739
2%
$883,414
5%
2018
$16,358
-7%
$841,424
-8%
2017
$17,529
10%
$914,041
15%
2016
$16,008
13%
$795,045
1%
2015
$14,213
-2%
$789,871
10%
2014
$14,495
28%
$717,817
28%
2013
$11,318
—
$561,181
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1918 SE 40th St
1918 SE 40th St, Cape Coral, FL 33904 (MLS# 2026036086) is a Single Family property with 5 bedrooms and 6 full bathrooms. 1918 SE 40th St is currently listed for $2,695,000 and was received on August 28, 2026. Want to learn more about 1918 SE 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.

