NEW CONSTRUCTION
$69K PRICE DROP
1228 NW 40th Place Cape Coral, FL 33993
Burnt Store NeighborhoodEstimated payment $7,342/month
Total Views
12,761
3
Beds
3
Baths
2,200
Sq Ft
$604
Price per Sq Ft
Highlights
- Home fronts a seawall
- New Construction
- Canal Access
- Cape Elementary School Rated A-
- Concrete Pool
- Canal View
About This Home
Exquisite New Construction! No Bridges, DIRECT GULF ACCESS!
Indulge in the ultimate Southwest Florida lifestyle with this brand-new, custom-designed waterfront home. With no bridges to open water and desirable western exposure, this boater’s paradise offers seamless Gulf access right from your backyard.
This 3-bedroom + den, 3-bath home features a convenient split floor plan with timeless 10x60 Spanish plank tile flooring, elegant Calacatta quartz countertops, and integrated countertop sinks in every bathroom. At the heart of the home is a chef’s dream kitchen complete with a butler’s pantry, wine fridge, and custom cabinetry offering ample storage. The open-concept living area is elevated by a beautiful entertainment wall with an electric fireplace and stylish niches.
Retreat to a show-stopping primary suite, highlighted by a massive custom walk-in closet that will truly make you say “wow.” The spa-inspired bath, spacious layout, and designer finishes provide the perfect blend of sophistication and comfort.
Step outside to a resort-style lanai featuring a heated saltwater pool and spa, pool bath access, outdoor kitchen and bar, and plenty of space for relaxing or entertaining.
Additional luxuries include a whole-home reverse osmosis system, impact-rated doors and windows, and flawless craftsmanship throughout.
Don’t miss this rare opportunity to own a no-compromise, high-end Gulf-access home built for elegance and ease. Agents see confidential remarks!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,133
Year Built
- Built in 2025 | New Construction
Lot Details
- 10,019 Sq Ft Lot
- Lot Dimensions are 80 x 125 x 80 x 125
- Home fronts a seawall
- East Facing Home
- Rectangular Lot
- Sprinkler System
- Property is zoned R1-W
Parking
- 3 Car Attached Garage
- Garage Door Opener
- Driveway
Home Design
- Metal Roof
- Stucco
Interior Spaces
- 2,200 Sq Ft Home
- 1-Story Property
- Furnished or left unfurnished upon request
- Built-In Features
- Coffered Ceiling
- Ceiling Fan
- Fireplace
- Open Floorplan
- Home Office
- Screened Porch
- Tile Flooring
- Canal Views
Kitchen
- Breakfast Bar
- Walk-In Pantry
- Electric Cooktop
- Microwave
- Freezer
- Dishwasher
- Wine Cooler
- Kitchen Island
- Disposal
- Pot Filler
Bedrooms and Bathrooms
- 3 Bedrooms
- Split Bedroom Floorplan
- Closet Cabinetry
- Walk-In Closet
- 3 Full Bathrooms
- Bathtub
- Separate Shower
Laundry
- Dryer
- Washer
Home Security
- Impact Glass
- High Impact Door
- Fire and Smoke Detector
Pool
- Concrete Pool
- Heated In Ground Pool
- Heated Spa
- In Ground Spa
- Saltwater Pool
- Gunite Spa
- Outdoor Shower
- Screen Enclosure
Outdoor Features
- Canal Access
- Screened Patio
- Outdoor Fireplace
- Outdoor Kitchen
- Outdoor Grill
Utilities
- Central Heating and Cooling System
- Well
- Water Purifier
- Septic Tank
- Cable TV Available
Community Details
- No Home Owners Association
- Association fees include irrigation water, trash
- Cape Coral Subdivision
Listing and Financial Details
- Legal Lot and Block 14 / 5214
- Assessor Parcel Number 01-44-22-C2-05214.0140
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,133 | $123,783 | -- | -- |
| 2023 | $3,268 | $112,530 | $0 | $0 |
| 2022 | $2,553 | $102,300 | $0 | $0 |
| 2021 | $1,963 | $93,000 | $93,000 | $0 |
| 2020 | $1,863 | $85,000 | $85,000 | $0 |
| 2019 | $1,799 | $85,000 | $85,000 | $0 |
| 2018 | $1,743 | $85,000 | $85,000 | $0 |
| 2017 | $1,622 | $78,000 | $78,000 | $0 |
| 2016 | $1,548 | $78,000 | $78,000 | $0 |
| 2015 | $1,493 | $78,000 | $78,000 | $0 |
| 2014 | -- | $100,000 | $100,000 | $0 |
| 2013 | -- | $46,000 | $46,000 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/30/2025 07/30/25 | Price Changed | $1,329,000 | -1.5% | $604 / Sq Ft |
| 07/01/2025 07/01/25 | Price Changed | $1,349,000 | -3.5% | $613 / Sq Ft |
| 06/01/2025 06/01/25 | For Sale | $1,398,000 | +437.7% | $635 / Sq Ft |
| 02/14/2024 02/14/24 | Sold | $260,000 | -8.8% | -- |
| 02/14/2024 02/14/24 | Pending | -- | -- | -- |
| 01/31/2024 01/31/24 | Pending | -- | -- | -- |
| 01/16/2024 01/16/24 | Price Changed | $285,000 | 0.0% | -- |
| 01/16/2024 01/16/24 | For Sale | $285,000 | -1.7% | -- |
| 10/13/2023 10/13/23 | Price Changed | $290,000 | -1.7% | -- |
| 07/06/2023 07/06/23 | For Sale | $295,000 | -- | -- |
Source: Florida Gulf Coast Multiple Listing Service
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $260,000 | Cape Coral Title | |
| Interfamily Deed Transfer | -- | Attorney | |
| Interfamily Deed Transfer | -- | Progressive Title Inc | |
| Warranty Deed | $26,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $110,000 | New Conventional | |
| Previous Owner | $100,000 | Credit Line Revolving |
Source: Public Records
About the Listing Agent
Donna views helping buyers and sellers as a privilege and strives every day to exceed their expectations. She is designated as a certified international property specialist as well as being certified as a resort and second home property specialist.
Giving back is especially important, which is why her group donates monthly to various charities. An important thing to note is that 2% of realtors in southwest Florida do 98% of the sales, and she is exceedingly proud to be included in this
Donna's Other Listings
Source: Florida Gulf Coast Multiple Listing Service
MLS Number: 225051878
APN: 01-44-22-C2-05214.0140
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The information is being provided by Southwest Florida Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Southwest Florida Multiple Listing Service. All Rights Reserved
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