4317 NW 40TH TERRACE

Under contract-accepting backup offers. Skip the new-build wait, the upgrades, and the assessment bill. This 4-bed, 2-bath, 1,712 sq ft home in NW Cape Coral is already finished — so you can move in now instead of waiting on construction. No HOA. No CDD. Fully fenced 0.23-acre lot. Pet-friendly and pool-ready. Unlike entry-level new construction, the upgrades are already done: new roof and A/C (2022), new water heater and hurricane-rated front door (2024), updated kitchen and both baths, tile throughout, open concept, split bedrooms, and cathedral ceilings. The outdoor living is ready too — expanded screened lanai, covered deck, gazebo, and irrigation. Well and septic with a water softener already in place. No city water or sewer assessment today (next review not scheduled until 2045 or later). Other northern Cape buyers are paying $25k–$35k+ in assessments plus higher monthly utilities. Here, you keep nearly 20 years of lower carrying costs. One-year home warranty included. Seller relocating. See the finished home, then compare the real cost to a basic new build. Agents -please see remarks.