$375,000
4317 40th Terrace
Cape Coral, FL 33993
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Garage spaces
Flood zone
About this home
• 1-Year Home Warranty Included (for buyer peace of mind at closing) • Seller Closing Cost Contribution – Available toward title fees, prepaids, rate buy-down, or other buyer needs with an acceptable offer This beautifully maintained 4-bedroom, 2-bath home offers comfort, modern updates, and exceptional outdoor living on a large fully fenced 0.23-acre lot in Cape Coral. Never Flooded. This home benefits from a 2022 new roof and other updates that help with insurance considerations. Step inside to soaring cathedral ceilings and an open-concept layout with plenty of natural light. Key recent updates and buyer incentives include: • New Roof – June 2022 • New A/C – August 2025 • Kitchen cabinets replaced – 2023 • Both bathrooms updated – 2022 (one with convenient outdoor access door) • Interior and exterior paint – April 2022 • Hurricane-rated front door – June 2022 • New appliances, light fixtures, ceiling fans, and interior hardware – 2022 • Water heater – 2024 • Water softener – 2025 • Well tank – October 2023 • New fence – July 2023 • Expanded screened lanai, covered deck, and large gazebo – 2023 The fully screened lanai, expanded deck, and oversized gazebo provide great space for outdoor dining, relaxing, or entertaining. The expansive fenced backyard offers privacy and room for a future pool, pets, or gatherings. Bonus location feature: A trail is located at the end of the street for easy walking and biking. Conveniently situated with quick, low-congestion access to all Cape Coral and Punta Gorda amenities, shopping, dining, and parks via neighborhood roads and trails — avoiding the typical traffic congestion.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history27 days on market
- Status: ActiveApr 30, 2026
- Listed$384,900Apr 30, 2026
- Price reduced$375,000
Virtual Tour
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 27
- Subdivision
- Cape Coral
- County
- Lee
- Year built
- 2007
- Living area
- 1,712 sq ft
- Price/sq ft
- $219
- Building area
- 2,347 sq ft (Public Records)
- Lot size
- 10,019 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- AE (12071C0231G)
- Garage
- 2 spaces
- Annual taxes
- $3,128 (2025)
- Parcel #
- 13-43-22-C3-05461.0310
- Zoning
- R1
- MLS #
- A4691858
Interior Details
- Bedrooms
- 4
- Full bathrooms
- 2
- Flooring
- Tile
- Appliances
- Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
- Interior features
- Cathedral Ceiling(s), Ceiling Fans(s), Kitchen/Family Room Combo, Primary Bedroom Main Floor, Split Bedroom, Stone Counters, Walk-In Closet(s), Window Treatments
- Laundry
- Inside
- Stories / Levels
- One
- Direction faces
- South
Heating & Cooling
- Heating
- Central, Electric
- Cooling
- Central Air
Parking
- Garage spaces
- 2
- Attached garage
- Yes
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Homestead exemption
- Yes
- Min lease term
- 1-7 Days
- Listing terms
- Cash, Conventional, FHA, VA Loan
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- No
- Additional lease restrictions
- Check county for rules/regulations of leasing.
Exterior & Construction
- Exterior features
- Private Yard, Rain Gutters, Storage
- Construction materials
- Block
- Roof
- Shingle
- Foundation
- Slab
- Road surface
- Paved
Utilities
- Sewer
- Septic Tank
- Water source
- Well
- Utilities
- Electricity Connected
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Primary Bedroom | First | |
| Primary Bathroom | First | |
| Bedroom 2 | First | |
| Bedroom 3 | First | |
| Bedroom 4 | First | |
| Living Room | First | |
| Kitchen | First |
Listing Details
- Listing date
- 2026-04-28
- On market date
- 2026-04-30
- Original list price
- $384,900
- Occupant type
- Owner
- MLS area
- 33993 - Cape Coral
- Listing AOR
- Sarasota - Manatee
- Status changed
- 2026-04-30
- Tax legal description
- CAPE CORAL UNIT 90 BLK 5461 PB 24 PG 28 LOTS 31 + 32
Flood risk
FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
Burnt Store to Kismet to Old Burnt Store to NW 41st to NW 40th Ter. House is on the right.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of May 27, 2026 at 5:05 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA