3 Bed Waterfront Home for Sale in Pirates Cove
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For SaleMLS# 225076370

$975,000

3 Bed Waterfront Home for Sale in Pirates Cove

27189 Gasparilla Drive, Bonita Springs, FL, 34135

3 beds2.5 baths1,832 sqft
GatedBoatingWaterfront

About this home

ELEVATED Olde Florida-style private retreat with stunning water views and DIRECT GULF-ACCESS! A true boater’s paradise, this home features its own private concrete boat ramp and a new 66-ft dock (2023) — just steps from the Imperial River. Enjoy effortless access for fishing, boating, paddleboarding, or kayaking right from your backyard. This charming home features a BRAND-NEW 2025 metal roof, hurricane-impact windows and sliders, tile flooring, and soaring ceilings that fill the living spaces with natural light. The spacious primary suite offers private access to the lanai and an ensuite bath with a large walk-in closet, dual vanities, an oversized shower, and a separate soaking tub. Step outside to your expansive wraparound screened lanai — the perfect place to unwind, take in sunset skies, and watch dolphins and manatees glide through the canal. The lower level includes 400 sq. ft. of air-conditioned flex space (currently utilized as a workshop/studio), along with a screened patio area. Additional features include a spacious circular paved driveway, a covered carport with room for four vehicles, and clearance for RV parking. With no HOA or rental restrictions, this property offers exceptional investment potential! Conveniently located just minutes from Promenade Plaza and Coconut Point’s shops and restaurants, and only 15 minutes to Mercato, Waterside Shops, with 5th Ave nearby. Enjoy being close to everything Downtown Bonita has to offer including new local restaurants, cafes & shops, Riverside Park (which hosts festivals & concerts), a brand-new library, a brand-new food truck park, Sugarshack live music cafe, & historic attractions such as Shangri-La Springs & the Historic Wonder Gardens. Only 15 minutes to Bonita Beach & Barefoot Beach with easy access to RSW via I-75 or Imperial Parkway!

Property details

Type
SingleFamilyResidence
Year built
1991
Interior
1,832 sqft
Lot size
13,595.076 sqft
Acreage
0.31 acres
Garage
None
Days on market
294
Total association fees
None
CDD
None
Est. taxes (1.4%)
$13,650/yr
Flood zone (area est.)
Yes · High risk (VE)
Storm protection
Impact Windows/Doors
Exposure
Southwest
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.

Above marketThis home is priced above comparable recent sales.
This home
$532/sqft
Comp median
$422/sqft
Difference
+26%

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.

AddressSoldSold priceBeds/BathsSq ft$/sqft
27080 Flossmoor DriveMar 2026$750,0002/21,711$438
27130 Holly LaneJul 2026$887,0003/21,960$453
27025 Belle Rio DriveMay 2026$760,0004/21,965$387
27175 Oakwood Lake Drive 201Jun 2026$770,0003/31,902$405
Average4 comps$791,750$421

Market trends, Bonita Springs

Median list
$595,000
Median $/sqft
$354
Median sold (90d)
$522,500
Avg days on market
101
Active listings
704
Median sold price · Bonita Springs
$529,000last 3 months5.2% vs $558,000 prior 3 months
Median closed price by month · Bonita Springs
9.2% MoM1% YoY
$455k$533k$611kJul ’25Aug ’26
$495,000Aug ’26 · 88 sales

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 $120,000 (11%) from the original list price.

Jun 29, 2026Price reducedfrom $999,000$975,000
Oct 31, 2025Listed$1,095,000

The good, the trade-offs & the location

Pros
  • Waterfront
  • Storm protection: Impact Windows/Doors
Consider
  • Built 1991 — pre-2002 construction may carry older wind codes and higher insurance
  • In a higher-risk flood zone (VE) — flood insurance likely required
  • No garage listed
Location convenienceHigh
Hospital
12.1 mi
Physicians Regional (Naples)
Beach
2.9 mi
Bonita Beach
Airport
13.1 mi
Naples Airport
Shopping
0.8 mi
Promenade at Bonita Bay

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

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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.