3 Bed Waterfront Home for Sale in Imperial Shores
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For SaleMLS# 225082302

$1,095,000

3 Bed Waterfront Home for Sale in Imperial Shores

4986 Esplanade Street, Bonita Springs, FL, 34134

3 beds2 baths2,052 sqft4 garage
BoatingWaterfront

About this home

One or more photo(s) has been virtually staged, AI generated or rendered. Beautifully maintained riverfront home situated along the Imperial River, offering sweeping long river views. Enjoy breathtaking water views with a protected preserve park beyond, offering exceptional privacy. A true beach and boater’s paradise, this property offers convenient access to both Bonita Beach and Barefoot Beach, and features Gulf-access with an ideal boating setup, including a private dock with dual lifts. The home offers a metal roof (2022), whole house generator, propane tank (2020), 3 bedrooms, 2 bathrooms, a spacious sunroom, versatile ground-level flex space, and garage parking for up to four vehicles. Step outside to the expansive deck and take in the picturesque water views while watching boats pass by and manatees and dolphins glide through the river. Backwater fishing is easily enjoyed from your own backyard, complete with a convenient fish cleaning station. This home is perfectly comfortable as-is OR the ideal canvas to update to your personal taste. With no HOA fees or rental restrictions, this property also presents an excellent investment opportunity. Ideally located near top dining and shopping, just minutes from Mercato, The Promenade, Waterside Shops, Coconut Point, 5th Avenue, and the International Airport.

Property details

Type
SingleFamilyResidence
Year built
1988
Interior
2,052 sqft
Lot size
10,236.6 sqft
Acreage
0.23 acres
Garage
4 car
Days on market
249
Total association fees
None
CDD
None
Est. taxes (1.4%)
$15,330/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
None listed
Exposure
North
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
$534/sqft
Comp median
$463/sqft
Difference
+15%

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.

AddressSoldSold priceBeds/BathsSq ft$/sqft
4838/4836 Esplanade StreetApr 2026$875,0004/42,085$420
198 2nd StreetMar 2026$1,100,0004/32,188$503
3801 Bay Hammock CourtMay 2026$950,0002/22,051$463
260 Barefoot Beach Boulevard 201Aug 2026$1,055,0003/32,003$527
3803 Essex PlaceJul 2026$925,0003/32,158$429
266 Barefoot Beach Boulevard 201Dec 2025$1,200,0003/32,003$599
Average6 comps$1,017,500$490

Market trends, Bonita Springs

Median list
$595,000
Median $/sqft
$355
Median sold (90d)
$522,500
Avg days on market
101
Active listings
699
Median sold price · Bonita Springs
$525,000last 3 months7.1% vs $565,000 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 $300,000 (21.5%) from the original list price.

Jun 5, 2026Price reducedfrom $1,195,000$1,095,000
Dec 10, 2025Listed$1,395,000

The good, the trade-offs & the location

Pros
  • Waterfront
  • 4-car garage
Consider
  • Built 1988 — pre-2002 construction may carry older wind codes and higher insurance
  • In a higher-risk flood zone (AE) — flood insurance likely required
Location convenienceHigh
Hospital
12.7 mi
NCH Baker Hospital (Naples)
Beach
0.9 mi
Bonita Beach
Airport
13.2 mi
Naples Airport
Shopping
2.3 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.