Active - House for sale
1918 SE 40TH STREET, Cape Coral, FL
Facts & features
Why you’ll love it
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.
Listings courtesy of RE/MAX NAUTICAL REALTY as distributed by MLS GRID.
Listed by: Tricia Magliola • callithome.fla@gmail.com • RE/MAX NAUTICAL REALTY
Co-listed by: Kristen Cardoso • RE/MAX NAUTICAL REALTY
Source: Stellar MLS as distributed by MLS GRID, MLS#: A4704514
Based on info available as of Nov 14, 2026 at 2:01 PM EST.
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Affordability
$13,753/mo
- Mortgage$13,627
- Property tax$126
- HOA fee
- Homeowners insurance
Beycome estimates only. Actual amounts and terms vary by lender and location.
$53,900 Credit back
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Travel times
About Cape Coral
This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.
Flood & climate risk
FEMA Flood Zone AE
In a FEMA Special Flood Hazard Area — flood insurance is typically required with a federally-backed mortgage.
More details
Base flood elevation: 8 ft. Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.
Fire
Storm
Air quality
Pollen
Disclaimer
Based on information submitted to the MLS GRID as of Nov 14, 2026 at 02:01pm EST. 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.
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$53,900 Credit back