3 Bed Waterfront Home for Sale in Estero
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For SaleMLS# 226026691

$525,000

3 Bed Waterfront Home for Sale in Estero

9151 Palmetto Ridge Drive 102, Estero, FL, 34135

3 beds2 baths1,538 sqft2 garage
GatedGolfPickleballTennisBocceBeach AccessFitness CenterClubhouseBasketballCommunity PoolOn-site DiningWaterfront

About this home

Exceptional opportunity in Palmetto Ridge at Shadow Wood at The Brooks! This beautifully updated first-floor residence is offered turnkey furnished and ready to enjoy. Tasteful updates and comfortable furnishings create an inviting, move-in-ready retreat. The expansive lanai showcases one of the best views in Shadow Wood, overlooking two sparkling lakes and the golf course beyond, while electric hurricane shutters provide added convenience and protection. The Palmetto Ridge community pool is located directly across the street, offering easy access to a resort-style setting without the maintenance of a private pool. Another special feature is the side-load garage—a configuration found in very few units—which provides a slightly larger garage, a window for natural light, and a more open driveway entry. A wonderful combination of updates, furnishings, exceptional views, storm protection, and an outstanding location within Shadow Wood.

Property details

Type
Condominium
Year built
2003
Interior
1,538 sqft
Lot size
Not specified
Acreage
Not specified
Garage
2 car
Days on market
0
Total association fees
$12,371/yr (~$1,031/mo)
CDD
None
Est. taxes (1.4%)
$7,350/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
None listed
Exposure
Southeast
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
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

AssociationManagementCableTvInsuranceInternetIrrigationWaterLegalAccountingMaintenanceGroundsPestControlReserveFundSewer

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

Amenities

BeachRightsBasketballCourtBocceCourtClubhouseFitnessCenterGolfCoursePickleballPrivateMembershipPoolPuttingGreensRestaurantSpaHotTubTennisCourtsTrailsManagement

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.

At marketThis home is priced in line with comparable recent sales.
This home
$341/sqft
Comp median
$319/sqft
Difference
+7%

Based on the $/sqft of 4 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.

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Your notes on this home

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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
8609 Via Rapallo Drive 101Jun 2026$460,0003/21,706$270
21810 Southern Hills Drive 102Apr 2026$540,0002/21,551$348
21790 Southern Hills Drive 101May 2026$520,0002/21,550$335
22961 Rosedale Drive 101Nov 2025$495,0002/21,632$303
Average4 comps$503,750$314

Market trends, Estero

Median list
$519,900
Median $/sqft
$265
Median sold (90d)
$515,000
Avg days on market
87
Active listings
475
Median sold price · Estero
$520,000last 3 months6.7% vs $487,500 prior 3 months
Median closed price by month · Estero
13.9% MoM6.1% YoY
$380k$471k$563kJul ’25Aug ’26
$436,850Aug ’26 · 15 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.

The good, the trade-offs & the location

Pros
  • Built 2003 — post-2002 Florida wind codes (typically lower insurance)
  • Lower flood risk (zone X)
  • Waterfront
  • 2-car garage
Consider
  • Higher association fees (~$12,371/yr)
Location convenienceHigh
Hospital
8.9 mi
HealthPark Medical Center
Beach
5 mi
Lovers Key State Park
Airport
8.6 mi
RSW Intl (Fort Myers)
Shopping
1.4 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.