$1,249,000
3 Bed 2 Bath Pool Waterfront SingleFamilyResidence for Sale in THE MASTERS, FL
21863 Masters Circle, Estero, FL, 33928
About this home
Spectacular lake view and magnificent Florida sunsets! This spacious Greenbrier home with 2 1/2 car garage is located in the highly sought-after Masters neighborhood of Pelican Sound, the area's premier bundled golf community. The open great-room floor plan offers an ideal layout for both comfortable living and effortless entertaining. The kitchen features granite countertops, Whirlpool stainless steel appliances, and convenient pull-out drawers, all overlooking the inviting family room with sliders that lead to the expansive pool deck. The primary suite is a serene retreat with a tray ceiling, lanai access, a walk-in closet with custom shelving with wall safe, and a luxurious bath complete with dual sinks, granite countertops, a soaking tub, and a tempered-glass frameless shower. Two private guest bedrooms share an updated bath with granite countertops and a frameless glass shower. Step outside to an impressive outdoor living space featuring a new picture-frame screen enclosure, sparkling pool, expanded gutters, and a built-in grill. Enjoy dazzling sunsets over the tranquil western-facing lake view. The covered lanai is enclosed with Lexan sliders, creating a comfortable all-season room perfect for year-round enjoyment. Additional highlights include a tankless water heater, the entire home is protected by electric hurricane shutters, electric pool heater 2025, and a 2.5-car garage with pull-down attic access. This exceptional home offers comfort, style, and peace of mind—ready for its next owner to enjoy. A/C 2022! If you are looking for an active lifestyle look no further: 27 holes of Championship golf, 14 pickleball, 8 tennis and 6 bocce courts. State of the art fitness center that is professionally staffed. Pelican Sound is nestled up to the Estero River with access to the Gulf. The community offers dry boat storage, es from RSW International airport and surrounded by fabulous shopping and restaurants. Start Living The Dreamkayaks, canoes and paddle boarding, along with a shuttle boat to Lovers Key State Beach Park. Minut
Property details
- Type
- SingleFamilyResidence
- Year built
- 2001
- Interior
- 2,082 sqft
- Lot size
- 10,062.36 sqft
- Acreage
- 0.23 acres
- Garage
- 2 car
- Days on market
- 3
- Total association fees
- $14,679/yr (~$1,223/mo)
- CDD
- None
- Est. taxes (1.4%)
- $17,486/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- None listed
- Exposure
- West
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- Yes
- 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
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 |
|---|---|---|---|---|---|
| 21840 Masters Circle | May 2026 | $950,000 | 3/2 | 2,108 | $451 |
| 21809 Masters Circle | Apr 2026 | $990,000 | 2/2 | 1,885 | $525 |
| 21936 Masters Circle | Apr 2026 | $1,400,000 | 3/2 | 2,106 | $665 |
| 21758 Sound Way 202 | Aug 2025 | $980,000 | 3/2 | 2,171 | $451 |
| 21722 Sound Way 202 | Oct 2025 | $995,000 | 3/2 | 2,171 | $458 |
| 21430 Pelican Sound Drive 201 | Mar 2026 | $970,000 | 3/2 | 2,170 | $447 |
| Average | 6 comps | $1,047,500 | $500 |
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
| Apr 24, 2026 | Sold | $1,249,000 |
| Mar 13, 2026 | Listed | $1,249,000 |
The good, the trade-offs & the location
- Lower flood risk (zone X)
- Private pool
- Waterfront
- 2-car garage
- Built 2001 — pre-2002 construction may carry older wind codes and higher insurance
- Higher association fees (~$14,679/yr)
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.