3 Bed Waterfront Home for Sale in Morningside
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For SaleMLS# 225043362

$450,000

3 Bed Waterfront Home for Sale in Morningside

23156 Rosedale Drive 201, Estero, FL, 34135

3 beds2 baths2,040 sqft1 garage
GatedGolfPickleballTennisBeach AccessFitness CenterClubhousePlaygroundCommunity PoolWaterfront

About this home

Elegantly appointed, this turnkey LAKEFRONT 3 BEDROOM, 2 BATH, WESTERLY FACING residence exudes sophistication and fantastic SUNSETS on the wide Lanai. Bathed in natural light, it offers a welcoming ambiance. The open floor plan integrates a kitchen with white cabinetry, white appliances, and ample countertop space, flowing into the great room and dining area. Featuring a split-bedroom layout, the residence encompasses three bedrooms and two baths. Architectural elements include volume, vaulted, and tray ceilings, complemented by a palette of neutral finishes. The expansive tiled lanai, a highlight, is ideal for entertaining and enjoying panoramic views. THE UNIT HAS ALL ELECTRIC STEEL SHUTTERS ACROSS THE ENTIRE LANAI FOR TOTAL STORM PROTECTION.  In the prestigious Shadow Wood community, it offers equity membership with access to golf courses and tennis courts. Residents may choose from optional memberships, with an opportunity to join The Commons Club, providing exclusive amenities. Conveniently near Coconut Point mall and a 15-minute drive to the airport, this property seamlessly combines luxury living with various lifestyle options.  HOME COMES WITH A ONE YEAR HOME WARRANTY FOR TOTAL BUYER COMFORT.

Property details

Type
Condominium
Year built
1999
Interior
2,040 sqft
Lot size
5,945.94 sqft
Acreage
0.14 acres
Garage
1 car
Days on market
476
Total association fees
$11,659/yr (~$972/mo)
CDD
None
Est. taxes (1.4%)
$6,300/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
None listed
Exposure
Southwest
Waterfront
Yes
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Assessment Paid
Sewer
Assessment Paid
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

CableTvInsuranceIrrigationWaterPestControlReserveFund

What the association dues cover, per the MLS. Confirm the full schedule with the HOA.

Amenities

BeachRightsBeachAccessClubhouseFitnessCenterPlaygroundPickleballPrivateMembershipPoolPuttingGreensSpaHotTubTennisCourtsTrailsManagement

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.

Below marketThis home is priced below comparable recent sales, a potential value.
This home
$221/sqft
Comp median
$253/sqft
Difference
-13%

Based on the $/sqft of 5 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
23101 Rosedale Drive 202Dec 2025$435,0003/22,040$213
23081 Rosedale Drive 201Feb 2026$520,0003/22,040$255
23159 Amgci Way 302Dec 2025$550,0002/21,878$293
23159 Amgci Way 3109May 2026$340,0002/21,857$183
3530 Heron Glen CourtNov 2025$475,0003/21,881$253
Average5 comps$464,000$239

Market trends, Estero

Median list
$514,950
Median $/sqft
$265
Median sold (90d)
$525,000
Avg days on market
89
Active listings
464
Median sold price · Estero
$527,500last 3 months5.7% vs $499,000 prior 3 months
Median closed price by month · Estero
3.3% MoM3.2% YoY
$380k$471k$563kJul ’25Aug ’26
$480,000Aug ’26 · 77 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 $125,000 (21.7%) from the original list price.

Jun 3, 2026Price reducedfrom $475,000$450,000
May 5, 2025Listed$575,000

The good, the trade-offs & the location

Pros
  • Lower flood risk (zone X)
  • Waterfront
Consider
  • Built 1999 — pre-2002 construction may carry older wind codes and higher insurance
  • Higher association fees (~$11,659/yr)
Location convenienceHigh
Hospital
10 mi
HealthPark Medical Center
Beach
4.7 mi
Lovers Key State Park
Airport
9.9 mi
RSW Intl (Fort Myers)
Shopping
2.8 mi
Coconut Point (Estero)

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.