$899,000
2 Bed Waterfront Home for Sale in Imperial Shores
4861 regal, Bonita Springs, FL, 34134
About this home
THIS Listing is for Land Value … GREAT LOCATION,PERFECT WATERFRONT LOT, & Beautiful Views !!!! GREAT TO TEAR DOWN and BUILD NEW Dream or Spec Home!!! Currently set up as a Duplex, but the Value is in the Waterfront Lot with Southern Exposure and Wide Intersecting Canal with DIRECT Access to the Gulf. This home can be renovated and would make a great Duplex, but also a perfect spot to tear house down and Build New. Tons of New Construction homes on the block and in this area. Selling As is, Seawall needs to be replaced and Home is in need of work. We have plans of Models of homes that can be built here. Would make a Great Home or Air BNB. Great Location and close to everything Bonita Springs has to offer from Restaurants, Shopping, Boating Activities, Kayaking and More….
Property details
- Type
- SingleFamilyResidence
- Year built
- 1980
- Interior
- 1,240 sqft
- Lot size
- 10,193.04 sqft
- Acreage
- 0.23 acres
- Garage
- None
- Days on market
- 132
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $12,586/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- None listed
- Exposure
- South
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Public
- Sewer
- Public Sewer
- New construction
- No
- Pets
- Yes
- County
- Lee
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.
Based on the $/sqft of 3 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.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 27541 Hickory Bay Drive | May 2026 | $942,500 | 2/2 | 1,344 | $701 |
| 27551 Hickory Boulevard | Sep 2025 | $875,000 | 2/2 | 1,212 | $722 |
| 26570 Bay Road | Dec 2025 | $832,500 | 3/3 | 1,152 | $723 |
| Average | 3 comps | $883,333 | $715 |
Market trends, Bonita Springs
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
Down $101,000 (10.1%) from the original list price.
| Aug 7, 2026 | Price reducedfrom $993,000 | $899,000 |
| Apr 6, 2026 | Listed | $1,000,000 |
The good, the trade-offs & the location
- Waterfront
- Built 1980 — pre-2002 construction may carry older wind codes and higher insurance
- In a higher-risk flood zone (AE) — flood insurance likely required
- No garage listed
Straight-line distances to major SWFL amenities, approximate; actual drive times vary.
Nearby schools
Get more information on their programs, scores, and extracurriculars on each school's page · browse the full schools directory.
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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.