$399,000
3 Bed SingleFamilyResidence for Sale in Estero
4791 Palmetto Terrace, Estero, FL, 33928
About this home
PRICE IMPROVEMENT for this FULLY RENOVATED 3 Bedroom / 2 Bathroom home in this Boating Lifestyle Community! Rare quarter-acre property in very unique boating lifestyle neighborhood with community only boat ramp access — enjoy true Southwest Florida living with space, flexibility, and a fully renovated home minutes from shopping and dining. Very large .29 acre with fully fenced huge rear yard for pets and play! Picture calm in a perfect out-of-the way community yet accessible to 41, I-75, Coconut Point Mall and Koreshan Park. If you have a boat, you will enjoy living here. If you don't, buy a boat and use the community private boat ramp with access to the Estero River leading to Estero Bay and finally leading to the Gulf. FULLY Renovated home with a contemporary look and highly desirable Interior and Exterior materials and features. NEW Kitchen, Baths, Flooring, Paint, Garage, Sprinklers, Paint, Fence, etc. NEW Ceiling Fans, Recessed Lighting, Stainless Steel Appliances, Deep Farm Kitchen Sink, Leatherwood Granite and separate Laundry Room! NEW Impact Windows and Doors! Screen Porch and large Paver Patio for grilling! NEW major systems including Water Heater and Water Filtration. No Sewer fees! Grab the Opportunity to purchase this home before other buyers. Garage with side door and 3-Car Wide driveway parking for a boat and at least 4 autos for you and your guests. Large oak trees on the lot for summer shade and head over to the community park and pavilion for play and sports after you dunk your boat in the community boat ramp! NO MANDATORY HOA fees. Restful community! Beach access, state parks, airport proximity, FGCU, healthcare access, Hertz arena, Coconut Point Mall and the Miramar outlet stores.
Property details
- Type
- SingleFamilyResidence
- Year built
- 1974
- Interior
- 1,300 sqft
- Lot size
- 12,501.72 sqft
- Acreage
- 0.29 acres
- Garage
- 1 car
- Days on market
- 82
- Total association fees
- $250/yr (~$21/mo)
- CDD
- None
- Est. taxes (1.4%)
- $5,586/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- Impact Windows/Doors
- Exposure
- Southeast
- Waterfront
- No
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Well
- Sewer
- Septic Tank
- New construction
- No
- Pets
- Yes
- 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
What the association dues cover, per the MLS. Confirm the full schedule with the HOA.
Amenities
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 7 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 |
|---|---|---|---|---|---|
| 20918 Island Sound Circle 302 | Jan 2026 | $320,000 | 2/2 | 1,300 | $246 |
| 20916 Island Sound Circle 305 | Apr 2026 | $345,000 | 2/2 | 1,275 | $271 |
| 20916 Island Sound Circle 206 | Dec 2025 | $437,000 | 3/2 | 1,450 | $301 |
| 20851 Hammock Greens Lane 203 | May 2026 | $345,000 | 2/2 | 1,300 | $265 |
| 20820 Hammock Greens Lane 205 | Jan 2026 | $369,000 | 2/2 | 1,300 | $284 |
| 4640 Turnberry Lake Drive 306 | Dec 2025 | $470,000 | 3/2 | 1,450 | $324 |
| Average | 6 comps | $381,000 | $282 |
Market trends, Estero
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 $58,000 (12.9%) from the original list price.
| May 8, 2026 | Sold | $390,000 |
| Mar 6, 2026 | Price reducedfrom $430,000 | $399,000 |
| Jan 12, 2026 | Listed | $448,000 |
The good, the trade-offs & the location
- Storm protection: Impact Windows/Doors
- Built 1974 — pre-2002 construction may carry older wind codes and higher insurance
- In a higher-risk flood zone (AE) — flood insurance likely required
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.