1918 SE 40th ST, CAPE CORAL
Single Family Residence
$2,695,000
5
Beds
6
Baths
3,562
Sqft
Est. $14,844/mo · Get pre-qualified
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. Schedule your private showing.
48 days on market · Listing updated October 11, 2026
Location
Facts & Features
- Interior Features:
- Central Vacuum, Den - Study, Family Room, Guest Bath, Guest Room, Home Office, Wired for Data, Closet Cabinets, Pantry, Tray Ceiling(s), Volume Ceiling, Walk-In Closet(s)
- Appliances:
- Gas Cooktop, Dishwasher, Disposal, Double Oven, Washer, Water Treatment Owned, Dryer, Microwave, Range, Refrigerator, Self Cleaning Oven
- Flooring:
- Laminate, Tile
- Laundry:
- Inside
- Primary Bathroom:
- Dual Sinks, Separate Tub And Shower
- Kitchen:
- Kitchen Island, Pantry
- Dining Room:
- Breakfast Bar, Dining - Family, Formal
- Heating:
- Central Electric
- Cooling:
- Ceiling Fan(s), Central Electric, Other, Zoned
- Gas:
- Propane
- Utilities:
- Propane, Cable Available, Natural Gas Available
- Sewer:
- Assessment Paid, Central
- Water Source:
- Assessment Paid, Central
- Green Energy:
- Solar
- Security:
- Smoke Detectors
- Exterior Features:
- Boat Canopy/Cover, Dock, Boat Lift, Dock Included, Elec Avail at dock, Water Avail at Dock, Outdoor Kitchen, Outdoor Shower, Sprinkler Auto
- Construction:
- Concrete Block, Stucco
- Architectural Style:
- Traditional
- Roof:
- Metal
- Patio / Porch:
- Open Porch/Lanai
- Fencing:
- Fenced
- View:
- Canal, Intersecting Canal, Partial Gulf, Partial River, River
- Waterfront:
- No Bridge(s)/Water Direct, Via Boat Lift, Canal Front, Seawall
- Direction Faces:
- North
- Lot Features:
- Regular
- Irrigation:
- Assessment Paid
- Road Frontage:
- Public Road
- Road Maintenance:
- City Maintained
- Other Structures:
- Tiki Hut
- Parking:
- Driveway Paved, Garage Door Opener, Attached
- Garage Spaces:
- 3
- Pool:
- In Ground, Concrete, Electric Heat, Salt Water, Self Cleaning
- Spa:
- In Ground, Concrete, Heated Electric, Pool Integrated
- Windows:
- Impact Resistant, Impact Resistant Windows, Shutters Electric, Shutters - Screens/Fabric, Window Coverings
- Doors:
- Impact Resistant Doors
- Community Features:
- None, Boating, Non-Gated
- Subdivision:
- SAVONA
- Elementary School:
- CAPE ELEMENTARY SCHOOL
- Middle School:
- GULF MIDDLE
- High School:
- CAPE CORAL HIGH SCHOOLOOL
- Zoning:
- R1
- Annual Taxes:
- $1,509
- Pets Allowed:
- No Approval Needed
- Furnished:
- Negotiable
- Possession:
- Close Of Escrow
- Listing Terms:
- Buyer Finance/Cash, FHA, VA Loan
- Disclosures:
- Seller Disclosure Available
Price History
| Date | Event | Price |
|---|---|---|
| Aug 26, 2026 | Original list price | $2,695,000 |
Reflects listing data on file, not a complete transaction history.
Listed by Kristen Cardoso, RE/MAX Nautical Realty
Co-listed by Tricia Magliola, RE/MAX Nautical Realty
The data relating to real estate for sale displayed on this Website comes in part from the Multiple Listing Service of the Bonita Springs-Estero Association of REALTORS®, Inc., under License No. BK3468074. Properties displayed on this Website include properties listed with brokerage firms other than Sands Real Estate & Property Management. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Bonita Springs-Estero Association of REALTORS® Multiple Listing Service, or contained in the database compilation of the Bonita Springs-Estero Association of REALTORS® Multiple Listing Service.