$695,000
3 Bed 3 Bath Waterfront Condominium for Sale in INDIGO SHORES, FL
5000 ROYAL SHORES Drive 101, Estero, FL, 33928-7969
About this home
This stunning southern-exposure end unit offers some of the most captivating lake views in all of West Bay Club, perfectly designed for those who love to entertain or simply relax in a peaceful, resort-style setting. With 2,060 square feet under air, this beautifully updated 3-bedroom, 3 full bath, 2-car garage coach home lives like a free-standing home and showcases the highly sought-after Sotheby floor plan by Centex—one of the few first-floor units in the community featuring a third full bath. Every detail has been thoughtfully considered, from tray ceilings and crown molding throughout the home to 20-inch tile on the diagonal and elegant porcelain plank tile in the bedrooms. The custom-designed kitchen is a true centerpiece, boasting beadboard cabinetry that extends to the ceiling, expanded counter space, multiple oversized drawers, quartz countertops, stainless steel appliances, and a built-in wine rack. The adjoining breakfast room opens directly to the screened lanai, creating the perfect setting to start your morning and unwind with sunset views over the lake. The lanai itself is ideal for entertaining, offering electric roll-down hurricane shutters and panoramic water views where you can relax, watch the waterbirds, and enjoy the serenity of the surroundings. The owner’s suite is a peaceful retreat with dual sinks, a soaking tub, a separate shower, and custom-made cabinetry—a level of craftsmanship continued in the two guest baths and laundry room for a cohesive, upscale finish. Additional features include Hunter Douglas shades in the kitchen and bedrooms and plantation shutters in the front hall, adding timeless charm and elegance. Ideally located directly across from the community pool and within walking distance to River Park on the scenic Estero River, this home blends beauty, comfort, and convenience. Living in West Bay Club means enjoying world-class amenities including a private Beach Club on the Gulf of Mexico with full food and beverage service, championship golf, Har-Tru tennis courts, pickleball, a boat ramp with direct Gulf access, a resort-style pool with dining room and poolside service, a state-of-the-art fitness center, and a clubhouse offering both fine and casual dining. The community also features a dog park, community garden, basketball court, and a vibrant calendar of social events. Just minutes from Coconut Point, Miromar Outlets, Hertz Arena, and 20 minutes from RSW Airport, this exceptional lakefront residence offers the perfect combination of elegance, tranquility, and the ultimate Florida lifestyle—where every day begins and ends with a spectacular view.
Property details
- Type
- Condominium
- Year built
- 2000
- Interior
- 2,060 sqft
- Lot size
- Not specified
- Acreage
- Not specified
- Garage
- 2 car
- Days on market
- 38
- Total association fees
- $24,824/yr (~$2,069/mo)
- CDD
- None
- Est. taxes (1.4%)
- $9,730/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- Shutters
- Exposure
- South
- 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
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 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 |
|---|---|---|---|---|---|
| 5031 INDIGO BAY Boulevard 102 | May 2026 | $649,000 | 3/2 | 2,060 | $315 |
| 19505 EMERALD BAY 101 | Apr 2026 | $599,000 | 3/3 | 2,060 | $291 |
| 4761 West Bay Boulevard 203 | May 2026 | $685,000 | 3/3 | 2,150 | $319 |
| 4761 West Bay Boulevard 803 | Jul 2026 | $700,000 | 3/3 | 2,150 | $326 |
| Average | 4 comps | $658,250 | $313 |
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
Down $45,000 (6.5%) from the original list price.
| Apr 10, 2026 | Sold | $650,000 |
| Nov 4, 2025 | Listed | $695,000 |
The good, the trade-offs & the location
- Waterfront
- Storm protection: Shutters
- 2-car garage
- Built 2000 — pre-2002 construction may carry older wind codes and higher insurance
- In a higher-risk flood zone (AE) — flood insurance likely required
- Higher association fees (~$24,824/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.