2 Bed Waterfront Home for Sale in Estero
1 / 39
▶ View Virtual Tour
For SaleMLS# 226031140

$325,000

2 Bed Waterfront Home for Sale in Estero

10920 Santa Margherita Road 203, Estero, FL, 34135

2 beds2 baths1,392 sqft1 garage
GatedTennisBeach AccessFitness CenterClubhouseBasketballCommunity PoolWaterfront

About this home

Lake Views, Soaring Ceilings & Stylish Updates! Discover this inviting 2-bedroom, 2-bathroom second-floor condo in desirable Lighthouse Bay. The split-bedroom floor plan offers privacy and functionality, while soaring ceilings and abundant natural light create a bright, open feel from the moment you arrive. Carpeted stairs lead to the condo, where beautiful wood flooring enhances the living area and bedrooms, while durable tile flooring adds convenience in the kitchen, dining area, and bathrooms. The bright, open kitchen is designed to impress with crisp white cabinetry, stainless steel appliances, stunning granite countertops, and a beautiful stone tile backsplash and opens to the perfect dining area with built in buffet. The spacious primary suite features two closets, including a walk-in, plus an ensuite bath with dual sinks and a walk-in shower. Enjoy your own private lanai overlooking stunning lake and water fountain views—the perfect backdrop for morning coffee, evening relaxation, or enjoying Southwest Florida living. Beautiful finishes, an open layout, soaring ceilings, and tranquil water views make this Lighthouse Bay condo a must-see! You will appreciate the added protection of stone-coated steel roofs installed community-wide in 2020. Located within the gated community of Lighthouse Bay, residents enjoy exceptional resort-style living with access to five swimming pools, including a lap pool, 2.5 miles of scenic walking and jogging paths, tennis courts with a pro on staff, a robust bocce program, two boat houses, a fitness center, sauna, clubhouse, library, and an Arts & Learning Center. As an added bonus, a Bronze Membership to the Brooks Commons Club is included, granting access to a private restaurant, enrichment center, pickleball, and vibrant social programs. Gold Memberships are available for upgrade, providing access to The Commons Club Private Beach with chaise lounges, umbrellas, an ice/water dispenser, conveniently located restrooms, and Beach Parking Reservations during the construction of the new club. Ideally located just minutes from Coconut Point Mall, dining, entertainment, Southwest Florida International Airport, and pristine Gulf beaches!

Property details

Type
Condominium
Year built
2003
Interior
1,392 sqft
Lot size
Not specified
Acreage
Not specified
Garage
1 car
Days on market
1
Total association fees
$9,920/yr (~$827/mo)
CDD
None
Est. taxes (1.4%)
$4,550/yr
Flood zone (area est.)
Yes · High risk (AH)
Storm protection
None listed
Exposure
Northeast
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
Call, Conditional
County
Lee

Total association fees sums the core association dues the MLS feed provides (HOA, condo/master association, and land lease), normalized to a yearly figure. These are separate from and additional to specialty charges, mandatory club or food-and-beverage minimums, special assessments, and rec-lease fees, which the IDX feed does not carry. Always confirm the full fee schedule with the HOA or listing agent.

Maintenance included in the fee

AssociationManagementCableTvInsuranceInternetIrrigationWaterLegalAccountingMaintenanceGroundsMaintenanceStructurePestControlRecreationFacilitiesReserveFundRoadMaintenanceSewerStreetLightsSecurityTrashWater

What the association dues cover, per the MLS. Confirm the full schedule with the HOA.

Amenities

BeachRightsBasketballCourtClubhouseFitnessCenterLibraryBarbecuePicnicAreaPoolSaunaSpaHotTubSidewalksTennisCourtsTrailsManagement

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.

At marketThis home is priced in line with comparable recent sales.
This home
$233/sqft
Comp median
$223/sqft
Difference
+4%

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

Seeing several homes? Build a tour and we'll route it for you.

Your notes on this home

Keep private notes on this home, what you love, what to ask about, saved to your account and shared with your agent.

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
10941 Santa Margherita Road 101May 2026$345,0003/21,548$223
23741 Old Port Road 204Apr 2026$325,0003/21,486$219
23740 Eddystone Road 4103Dec 2025$325,0002/21,406$231
23740 Eddystone Road 4203Nov 2025$367,5002/21,404$262
23731 Eddystone Road 6204Jul 2026$335,0002/21,578$212
Average5 comps$339,500$229

Market trends, Lighthouse Bay at The Brooks

Median list
$308,000
Median $/sqft
$241
Avg days on market
128
Active listings
7
Median sold price · Lighthouse Bay at The Brooks
$517,500last 6 monthsnot enough sold data to compare

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

The good, the trade-offs & the location

Pros
  • Built 2003 — post-2002 Florida wind codes (typically lower insurance)
  • Waterfront
Consider
  • In a higher-risk flood zone (AH) — flood insurance likely required
  • Higher association fees (~$9,920/yr)
Location convenienceHigh
Hospital
11.5 mi
HealthPark Medical Center
Beach
6.1 mi
Bonita Beach
Airport
10.1 mi
RSW Intl (Fort Myers)
Shopping
3.2 mi
Promenade at Bonita Bay

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

Loading map…

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.