$10,000 Closing Credit¹
#225010261, Maxwell Thompson, Listing Office: Premier Sotheby's Int'l Realty
$1,249,900 List price
2938 SW 40th St Cape Coral, FL 33914
$10,000
Closing credit¹
5 beds
3 full
4,320 sqft
0.5 acres
$289 / sqft
House
Property details
About 2938 SW 40th St
This stunning 4,372-square-foot waterfront home is priced to sell and designed for entertaining. With an indoor pool and spa, you gain 1,400 additional square feet of under-air living space, perfect for year-round enjoyment. A new roof (2023) and owned solar panels keep energy costs impressively low — currently $30 per month — with Tesla batteries providing backup power. The private boat dock offers direct canal access to the Caloosahatchee River and Gulf of Mexico, making it a boater’s dream. Outside, the resort-style 1,400-square-foot patio and fully fenced backyard create a private oasis for gatherings, barbecues, or peaceful waterfront relaxation. Inside, the spacious kitchen, game room, and large family room are tailored for entertaining. The upstairs living area features a wet bar and built-ins — ideal for guests, multi-generational living, or a private retreat. With five bedrooms, three full baths, and a three-car garage with 12-foot doors, there’s ample space for family, friends, and all your toys. Spanning 6,579 total square feet, this home perfectly balances luxury and practicality. Every detail, from the energy-efficient upgrades to the expansive indoor and outdoor spaces, enhances both comfort and convenience. Don’t miss your chance to own this exceptional waterfront property — schedule your showing today!
Highlights
Home typeSingle Family Residence
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Ceiling Fan(s), Electric
Size4,320 sqft
Lot size0.511 Acres
Year built2004
ParkingAttached, Driveway, Garage, Paved, Two Spaces, Garage Door Opener
MLS #224073627
Attached garage3 spaces
WaterfrontCanal, Seawall
ViewCanal, Other, Water
Private poolYes
Summary
- MLS Number: 224073627
- MLS Name: SWFL
- Office Name: Premier Sotheby's Int'l Realty
- Office Phone: (239) 472-2735
- Office Email: payables@premiersir.com
- Listing Agent: Maxwell Thompson
The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is 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. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/13/2025, 5:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,249,900
2938 SW 40th St
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 19, 2001 | Home Sold | $100,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $714,105 | $11,874 |
| 2022 | $693,306 | $11,605 |
| 2021 | $753,388 | $11,605 |
| 2020 | $663,820 | $12,264 |
| 2019 | $507,907 | $10,599 |
| 2018 | $498,437 | $10,733 |
| 2017 | $488,185 | $10,700 |
History based on county public records data.
Nearby schools
10
Oasis Charter Elementary School-South
Public Charter KG-5
1.1 mi
•3415 Oasis Blvd
6
Gulf Elementary School
Public District KG-5
1.7 mi
•3400 SW 17th Pl
7
Trafalgar Elementary School
Public District KG-5
3.1 mi
•1850 SW 20th Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $64,857. The majority of Cape Coral, FL residents have income between $35k-100k annually. Residents typically live in married, no kids family. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
22%
<35k
58%
35k-100k
20%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
25%
Single, No Kids
9%
Single, with Kids
44%
Married, No Kids
22%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
8%
12-17 yrs old
14%
18-34 yrs old
49%
35-64 yrs old
17%
65+ yrs old
What do the neighbors do for fun?
Hiking/backpacking
PGA/LPGA
Horse Races
Where do the neighbors shop?
Nordstrom Rack
Stein Mart
Chico's
Where do the neighbors go to eat?
Chipotle
Bonefish Grill
LongHorn Steakhouse
What do the neighbors drive?
Mazda
Lincoln
Buick
What do the neighbors listen to?
Rock
Classical
Contemporary Inspirational
All data provided by Home Junction and Claritas
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Frequently asked questions
About 2938 SW 40th St
This home is located at 2938 SW 40th St in Cape Coral, FL and zip code 33914 in the Pelican neighborhood. This 4,320 square foot home, which was built in 2004, sits on a 0.51 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 10, 2024 and is currently priced at $1,249,900.
In February 2025, from all listings sold in Cape Coral, FL there were more than 23 sold above asking price, over 268 sold below and more than 66 were sold right at the asked price. In February 2025 in Cape Coral, FL there were 10.6% more homes for sale than in January. The median list price of listings available in February 2025 was $389,438, while the average time on the real estate market was 83 days.
From Rocket Homes Real Estate and based on county public records data.