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$337,400 -$12,599 (-3.6%) Price Reduced
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Property Description
Motivated Seller! Stunning 4-Bedroom Pool-Ready Home on a Private, Fully Fenced ¼-Acre Lot NO Assessments for Nearly 20 Years "¢ NEVER Flooded "¢ Move-In Ready Buy now and lock in almost 20 years of lower utility costs. This home sits on private well and septic with no current public water or sewer assessments. The next review isn't scheduled until 2045 or later - meaning the next owner can enjoy nearly two full decades without the higher monthly costs that assessments often bring. That's real, long-term savings most buyers miss. Inside you'll find a beautifully updated 4-bed, 2-bath home (1,712 sq ft) that feels bright, open, and better than new. Soaring cathedral ceilings, open-concept living, fully renovated bathrooms, brand-new kitchen cabinets and appliances, and fresh interior/exterior paint. Major systems already done: "¢ New roof (June 2022) "¢ New A/C (August 2022) "¢ New water heater (2024) + water softener (2025) "¢ Hurricane-rated front door (2024) "¢ Expanded screened lanai + covered deck All set on a spacious 0.23-acre fully fenced lot with true privacy and room for a future pool, pets, and outdoor living that most new builds can't match. Never flooded. 1-year home warranty included. Washer/dryer, hot tub, Pit Boss grill, and select furnishings can convey with an acceptable offer. Seller is relocating for work and highly motivated. Priced to sell at $337,400 - bring your best offer. Privacy + updates + nearly 20 years of locked-in lower costs. This is the smart Cape Coral buy. Schedule your showing today before it's gone.
Full Property Details
Full Property Details for 4317 NW 40th Terrace
General
- Price: $337,400
- Taxes: (2025)
- Status: Active
- Type: Single Family
- Source: Bonita_Springs
- MLS ID: 2026019635
- Updated: 8/20/2026
- Added to Site: 118 day(s) ago
Interior
- Number of Rooms: 6
- Interior Features: Split Bedrooms, Cathedral Ceiling(s), Walk-In Closet(s)
- Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
- Furnishings: Partially
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Primary Bathroom: Dual Sinks, Shower Only
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Kitchen: Kitchen Island, Pantry
- Dining Room: Dining - Living
- Laundry: Washer/Dryer Hookup
Additional Information
- Shared Amenities: None, No Subdivision
- Spa: Yes
- Spa Description: Above-Ground, Heated (Electric), Screened
- Security/Safety: Smoke Detector(s), Smoke Detectors
Exterior
- Exterior Features: Room for Pool, Automatic Sprinkler, Storage
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Garage Door Opener, Attached
Location
- Area: CC43 - Cape Coral Unit 58, 59-61, 76,
- County: Lee
- Subdivision: NOT APPLICABLE
- Building Name: NOT APPLICABLE
- Driving Directions: Burnt Store to Kismet to Old Burnt Store to NW 41st to NW 40th Ter. House is on the right.
- Direction Faces: South
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: Well
- Cable Available: Yes
- Utility Description: Cable Available
Structural Information
- Description/Design: Single Family Residence
- Exterior Const.: Concrete Block, Stucco
- Roof: Shingle
- Windows: Double Hung, Shutters, Window Coverings
- Doors: Impact Resistant Doors
- Stories/Levels: 1
- Stories in Building: 1
- Square Feet: 1,712
- Sq. Ft. Source: Field Measurements
- Living Area: 1,712 Sq. Ft.
- Year Built: 2007
Additional Structures
- Other Structures: Gazebo
Lot Features
- Property View: None/Other
- 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: Public Road
- Frontage Feet: 80
- Fence: Yes
- Irrigation System: Well
- Lot Features: Regular
- Zoning: R1
- Lot Description: Regular
- Fencing (Description): Fenced
Water Features
- Water Front Desc.: None
- Canal Width: None
Financial Considerations
- Tax Year: 2025
- Terms: Buyer Finance/Cash, FHA, VA Loan
Disclosures and Reports
- Ownership: Single Family
- Legal Description: CAPE CORAL UNIT 90 BLK 5461 PB 24 PG 28 LOTS 31 + 32
- Property ID: 13-43-22-C3-05461.0310
- Section: 13
- Block: 5461
- Lot Number: 31
Listed by Trend Realty
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Schools
Schools serving 4317 NW 40th Terrace
School District:Lee County School District, Fort Myers, FL
| Name | Grades | Distance |
|---|---|---|
Hector A. Cafferata Jr Elementary School 250 Santa Barbara Boulevard North, Cape Coral, FL 33993 | K-5 | 7.5 mi |
Trafalgar Elementary School 1850 Southwest 20th Avenue, Cape Coral, FL 33991 | K-5 | 8.4 mi |
Patriot Elementary School 711 Southwest 18th Street, Cape Coral, FL 33991 | K-5 | 9 mi |
Mariner Middle School 425 Chiquita Boulevard North, Cape Coral, FL 33993 | 6-8 | 6 mi |
Challenger Middle School, Cape Coral, FL 624 Trafalgar Parkway, Cape Coral, FL 33991 | 6-8 | 8.9 mi |
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993 | 9-12 | 5.8 mi |
Island Coast High School 2125 De Navarra Parkway, Cape Coral, FL 33909 | 9-12 | 8.2 mi |
Cape Coral High School 2300 Santa Barbara Boulevard, Cape Coral, FL 33991 | 9-12 | 9.9 mi |
Skyline Elementary School 620 Southwest 19th Street, Cape Coral, FL 33991 | K-5 | 9.2 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 4317 NW 40th Terrace
Date
Details
Price
Change
Source
8/20/2026
Price Reduced
$337,400
-3.6%
MLS
8/10/2026
Price Reduced
$349,999
-2.75%
MLS
7/28/2026
Price Increased
$359,900
22%
MLS
7/14/2026
Price Reduced
$295,000
-20.25%
MLS
6/30/2026
Price Reduced
$369,900
-1.36%
MLS
5/27/2026
Price Reduced
$375,000
-2.57%
MLS
4/30/2026
Listed
$384,900
106.94%
MLS
1/31/2020
Sold
$186,000
—
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 4317 NW 40th Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,128
—
$188,583
8%
2025
$3,128
7%
$174,615
3%
2024
$2,924
5%
$169,694
3%
2023
$2,792
9%
$164,751
7%
2021
$2,556
—
$153,885
-3%
2022
$2,546
—
$158,502
10%
2021
$2,556
-12%
$143,752
10%
2019
$2,906
-2%
$130,815
-1%
2018
$2,964
-2%
$131,628
-1%
2017
$3,026
57%
$132,431
14%
2016
$1,924
—
$116,501
1%
2015
$1,919
-20%
$115,691
8%
2014
$2,410
18%
$106,686
22%
2013
$2,051
—
$87,302
—
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 4317 NW 40th Terrace
4317 NW 40th Ter, Cape Coral, FL 33993 (MLS# 2026019635) is a Single Family property with 4 bedrooms and 2 full bathrooms. 4317 NW 40th Ter is currently listed for $337,400 and was received on April 30, 2026. Want to learn more about 4317 NW 40th Ter? 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.

