$249,900
3 Bed Pool Home for Sale in Fort Myers
16540 Wisteria Drive, Fort Myers, FL, 33908
About this home
INVESTOR ALERT – HUGE $30,000 PRICE IMPROVEMENT! The seller is ready to make a deal, creating an outstanding opportunity for an investor, handyman, or buyer looking to add value and make this property their own. A new roof and roof deck were installed in March 2024, and the downstairs already has electrical and plumbing in place, offering the potential to add nearly 500 additional square feet of air-conditioned living space with the proper improvements and approvals. With NO HOA, large lots, high-end custom homes nearby, and continued development throughout the neighborhood, this area offers tremendous future potential. Enjoy an incredible location just minutes from Fort Myers Beach, Sanibel Island, Captiva Island, Lovers Key, and some of Southwest Florida's best boating destinations. This is an affordable opportunity to own close to the beaches without HOA restrictions while being surrounded by beautiful custom homes. At the new price, the seller is motivated and ready to consider offers—bring your vision and take advantage of the opportunity!
Property details
- Type
- SingleFamilyResidence
- Year built
- 1980
- Interior
- 1,268 sqft
- Lot size
- 19,471.32 sqft
- Acreage
- 0.45 acres
- Garage
- None
- Days on market
- 125
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $3,499/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- None listed
- Exposure
- West
- Waterfront
- No
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- Yes
- Spa
- Yes
- Natural gas
- No
- Water
- Well
- Sewer
- Assessment Paid
- New construction
- No
- Pets
- Yes
- County
- Lee
Maintenance included in the fee
What the association dues cover, per the MLS. Confirm the full schedule with the HOA.
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 4 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 |
|---|---|---|---|---|---|
| 16820 Sanibel Sunset Court 703 | Jul 2026 | $194,000 | 3/2 | 1,271 | $153 |
| 12921 Timothy Lane | Feb 2026 | $220,000 | 3/2 | 1,280 | $172 |
| 12641 Kelly Sands Way 204 | Dec 2025 | $215,000 | 2/2 | 1,069 | $201 |
| 12641 Kelly Sands Way 203 | Mar 2026 | $190,000 | 2/2 | 1,150 | $165 |
| Average | 4 comps | $204,750 | $173 |
Market trends, Cottage Point
Live community medians from the MLS · see all listings. Indicative, not an appraisal.
Price & status history
Down $60,000 (19.4%) from the original list price.
| Jul 28, 2026 | Price reducedfrom $279,900 | $249,900 |
| Apr 9, 2026 | Listed | $309,900 |
The good, the trade-offs & the location
- Private pool
- 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.