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Off Market

1720 SE 40th Terrace

Cape Coral FL 33904

4
2
2
2442 sq. ft.
0.23 ac.
Single-Family
Last sold for $688,000
Shannon SchafferShannon Schaffer, last sold this property on 17 June 2025 after 94 days on market.

Overview

Huge price improvement!!! Welcome home to this stunning four bedroom, two bathroom pool home, gulf access (4 minute boat ride to the river with no bridges) that has been recently updated. New Roof ( 2024), new screen enclosure (2025), new AC with air purifier, impact windows & doors & newer pool pump. This home has NEVER FLOODED. The gourmet kitchen is a true showstopper, featuring a beautiful granite waterfall island with amazing cabinets—ideal for prepping meals. With top-of-the-line appliances, sleek cabinetry, and a panoramic view of the pool, this kitchen is as functional as it is beautiful. Step outside to your pool, where you can relax and unwind while enjoying breathtaking views of the large intersecting canal. Whether you're entertaining guests or spending quality time with family, the backyard offers the perfect setting to watch the sunset over the water and enjoy Florida's year-round outdoor lifestyle. For boating enthusiasts, the property features a dock, giving you quick and easy access to the river in under five minutes. Situated in a prime location, this home offers quick access to downtown Cape Coral, where you'll find a variety of awesome restaurants and shopping. Cape Coral Beach is just a short 5 minute drive, perfect for enjoying Florida beach days. This property seamlessly blends waterfront living in the perfect location, making it an excellent choice for both full-time residents and seasonal visitors. Don’t miss out on this incredible opportunity—it won’t last long!

Features

4 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
2442 sq. ft. floor area
0.23 ac. lot size
Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Cape Coral over the last 12 months, the estimated median property value of 1720 SE 40th Terrace is $632.5k.

Median value
$632.5k
Estimated value range
$33.5k - $3.45m
Median days on market
57
Estimated value trend
11%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Cape Coral. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1720 SE 40th Terrace

2025
Sold
$688,000
17 Jun 2025 by Shannon Schaffer, of KELLER WILLIAMS ELITE REALTY
2018
Sold
$370,000
07 Sep 2018 by Coni Dean, of Venture Realty & Investments
2013
Sold
$295,000
15 May 2013 by SHANE M. WILSON, of Cypress Realty Inc.

Happy sellers in Cape Coral

77%
77% of sellers in Cape Coral reported that their sale price either exceeded or met their price expectations.

Cape Coral stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 17 reviews in Cape Coral over the last 12 months.

Local market activity for 4 bedroom single-family properties in Cape Coral

In the last 12 months, 117 four-bedroom single-family properties similar to 1720 SE 40th Terrace, have been sold.

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