2 Bed SingleFamilyResidence for Sale in Estero
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SoldMLS# 226015841

$399,000

2 Bed SingleFamilyResidence for Sale in Estero

4937 Royal Palm Drive, Estero, FL, 33928

2 beds2 baths1,530 sqft2 garage
Boating

About this home

Gulf Access Living is waiting - in this COMPLETELY UPDATED Boater's Paradise! Bring your boat, your sense of adventure, and your love for the water—this is more than a home, it’s a lifestyle defined by sunsets, serenity, and the unmistakable magic of Florida boatlife living. Located in the sought-after ESTERO RIVER HEIGHTS community where residents enjoy exclusive access to a PRIVATE BOAT RAMP AND DOCK with direct Gulf of America access via the scenic Estero River and Bay. (Optional, low membership of just $250/year) Residents enjoy additional OUTDOOR activities STEPS AWAY hiking at the Estero Bay Preserve State Park Trail along with access to a community park featuring picnic areas and play spaces. Step into this bright & beautifully renovated home, where modern upgrades meet coastal cottage charm. Featuring NEW custom white shaker cabinets, NEW stunning white quartz countertops finished with NEW stainless steel appliances. The primary en-suite boasts a NEWly remodeled full bath featuring a modern full tile walk in-spacious walker shower with a relaxing rainhead shower enclosure with beautiful decorative tile floor. The NEW tile wood-look flooring flows seamlessly throughout the main spaces - NO CARPET! Enjoy the Florida lifestyle year-round in the massive screened-in lanai, accented with a rich wood plank ceiling and completed with multiple ceiling fans-perfect for cool, relaxed entertaining. The oversized yard with funtional decorative storage shed offers plenty of space for a future pool, making this home ideal for outdoor living. The home also features a 280 foot deep well with a full water filtration system located in the backyard storage building. With ample room for boat storage, this home is truly a boater's dream! Location, location, location! Perfectly located just minutes from Coconut Point, Miromar Outlets, RSW Airport, FGCU, Hertz Arena, Fort Myers Beach, and Bonita Beach —- you’re right in the center of everything! AT AN ENTRY LEVEL PRICE POINT - NOW - IS THE TIME TO CAPTURE THIS HIDDEN GEM IN A RARE BOATING COMMUNITY!

Property details

Type
SingleFamilyResidence
Year built
1978
Interior
1,530 sqft
Lot size
10,323.72 sqft
Acreage
0.24 acres
Garage
2 car
Days on market
4
Total association fees
None
CDD
None
Est. taxes (1.4%)
$5,586/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
Impact Windows/Doors
Exposure
Southwest
Waterfront
No
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Not specified
Sewer
Septic Tank
New construction
No
Pets
Yes
County
Lee

Amenities

BoatRampBarbecuePicnicAreaTrails

Flood risk shown is an area-level estimate and can differ from a specific unit's actual FEMA designation (which varies by structure and elevation). Look up this address on the FEMA Flood Map and verify with a licensed insurance agent before relying on it.

Below marketThis home is priced below comparable recent sales, a potential value.
This home
$261/sqft
Comp median
$300/sqft
Difference
-13%

Based on the $/sqft of 5 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.

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Recently sold nearby

Closed comparable sales within ~1 mile in the last 12 months, similar price, size, beds/baths, and age.

AddressSoldSold priceBeds/BathsSq ft$/sqft
20916 Island Sound Circle 206Dec 2025$437,0003/21,450$301
4995 Marsh Turtle Trail 102May 2026$490,0003/21,632$300
19071 Ridgepoint Drive 102May 2026$485,0002/21,632$297
20981 Island Sound Circle 101Nov 2025$470,0002/21,551$303
4135 Jace CourtMay 2026$335,0003/21,625$206
Average5 comps$443,400$281

Market trends, Estero

Median list
$517,250
Median $/sqft
$265
Median sold (90d)
$525,000
Avg days on market
90
Active listings
466
Median sold price · Estero
$525,000last 3 months5.2% vs $499,000 prior 3 months
Median closed price by month · Estero
0.5% MoM6.2% YoY
$380k$471k$563kJul ’25Aug ’26
$494,000Aug ’26 · 72 sales

Median of closed MLS sales each month over the available window. Months with too few sales are omitted; the range extends automatically as more sales close.

Live area medians from the MLS · see all listings. Indicative, not an appraisal.

Price & status history

May 12, 2026Sold$399,000
Apr 16, 2026Listed$399,000

The good, the trade-offs & the location

Pros
  • Storm protection: Impact Windows/Doors
  • 2-car garage
Consider
  • Built 1978 — pre-2002 construction may carry older wind codes and higher insurance
  • In a higher-risk flood zone (AE) — flood insurance likely required
Location convenienceHigh
Hospital
6.8 mi
HealthPark Medical Center
Beach
4.1 mi
Lovers Key State Park
Airport
8.5 mi
RSW Intl (Fort Myers)
Shopping
2.1 mi
Coconut Point (Estero)

Straight-line distances to major SWFL amenities, approximate; actual drive times vary.

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Listing information is provided in part by the Florida Gulf Coast Multiple Listing Service (MLS) through its Broker Reciprocity / Internet Data Exchange (IDX) program. Properties displayed may be listed by brokerages other than SWFL Relocation Team. Data is deemed reliable but is not guaranteed accurate by the MLS or this brokerage and should be independently verified. Fees, flood zones, taxes, square footage, and school assignments are estimates from the feed and must be confirmed. © 2026 SWFL Relocation Team. All rights reserved.