4317 NW 40th Terrace $324,999

Skip the new-construction wait and the assessment bill. 4 bed, 2 bath, 1,712 sq ft, 2-car garage in NW Cape Coral. No HOA. No CDD. Fully fenced 0.23-acre lot. Pet-friendly. Pool-ready. Never flooded. You move in now. This is the cost difference most listings skip: well and septic with a water softener already in place. No city water or sewer assessment today. Next review is not scheduled until 2045 or later. Buyers in other northern Cape sections are already paying $25,000–$35,000+ assessments plus higher monthly utilities. This owner keeps nearly 20 years of lower carrying costs. The work is done. New roof 2022. New A/C 2022. New water heater 2024. Hurricane-rated front door 2024. Updated kitchen and both baths. Tile throughout. Open concept, split bedrooms, cathedral ceilings. Expanded screened lanai, covered deck, gazebo, and irrigation. Room for a pool. One-year home warranty included. Seller relocating. Compare the payment on a finished, fenced home with no assessment to a new build that still needs time, yard, and a utility bill.
General Amenities
  • None
    Interior Amenities
    • Cathedral Ceiling(s)
    • Dual Sinks
    • Kitchen Island
    • Living/Dining Room
    • Pantry
    • Separate Shower
    • Shower Only
    • Split Bedrooms
    • Walk-In Closet(s)
    • Window Treatments
    Exterior Amenities
    • Fence
    • Room For Pool
    • Security/High Impact Doors
    • Sprinkler/Irrigation
    • Storage
    Landscape Amenities
    • Rectangular Lot
    • Sprinklers Automatic
    Community Amenities
    • None
      Appliance Amenities
      • Dishwasher
      • Disposal
      • Microwave
      • Range
      • Refrigerator
      Beds
      4
      Baths
      2.00
      Ft2
      1,712
      Lot Acres
      0.23
      Year Built
      2007
      Cooling
      CentralAir,CeilingFans,Electric
      Roof
      Shingle
      Virtual Tour
      4317 NW 40th Terrace
      Cape Coral, Florida 33993
      United States
      Subdivision: NOT APPLICABLE
      County: Lee
      Sale Type: For Sale
      Ref #: 2026019635
      Last Updated: Saturday, 26 September 2026 04:30
      Listed by Trend Realty
      Beds
      4
      Baths
      2.00
      Ft2
      1,712
      Lot Acres
      0.23
      Heat
      Central,Electric
      Cooling
      CentralAir,CeilingFans,Electric
      Roof
      Shingle
      Year Built
      2007
      Garage Size
      2
      Beds
      4
      Baths
      2.00
      Ft2
      1,712
      Lot Acres
      0.23
      Year Built
      2007
      Cooling
      CentralAir,CeilingFans,Electric
      Roof
      Shingle
      Virtual Tour
      4317 NW 40th Terrace
      Cape Coral, Florida 33993
      United States
      Subdivision: NOT APPLICABLE
      County: Lee
      Sale Type: For Sale
      Ref #: 2026019635
      Last Updated: Saturday, 26 September 2026 04:30
      Listed by Trend Realty