4 Bed 2 Bath SingleFamilyResidence for Sale in EAST LAKE COLONY, FL
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SoldMLS# 2025017252

$389,000

4 Bed 2 Bath SingleFamilyResidence for Sale in EAST LAKE COLONY, FL

17040 E Lake Drive, North Fort Myers, FL, 33917

4 beds2 baths1,711 sqft
Gated

About this home

Southwest Florida Country Retreat with water view. Welcome home to your private slice of Southwest Florida paradise! Enjoy the security of a one year complimentary home warranty. This spacious 4-bedroom, 2-bath country-style home offers the perfect blend of comfort, character, and natural beauty. Nestled on a large oversized lot with peaceful lake views, this property is fenced & provides plenty of room to relax, play, and enjoy the great outdoors. New roof 2023, new AC 2023, new gutters 2023 & hot water heater is under 5 yrs old. Store your toys and outdoor equipment in 2 large storage sheds. Step inside to find a warm and inviting interior featuring a welcoming flow ideal for both family living and entertaining. The converted garage adds valuable extra living space—perfect for a home office, gym, or guest suite. Enjoy mornings on the back porch overlooking the water. With its quiet setting and easy access to I-75, nearby shops, schools, and Gulf Coast attractions, this home offers the best of country living just minutes from town. Don’t miss this rare opportunity to own a spacious home with endless potential—a true Southwest Florida gem!

Property details

Type
SingleFamilyResidence
Year built
1964
Interior
1,711 sqft
Lot size
31,929.48 sqft
Acreage
0.73 acres
Garage
None
Days on market
121
Total association fees
None
CDD
None
Est. taxes (1.4%)
$5,446/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
Impact Windows/Doors
Exposure
East
Waterfront
No
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Public
Sewer
Septic Tank
New construction
No
Pets
Yes
County
Lee

Amenities

Storage

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
$227/sqft
Comp median
$212/sqft
Difference
+7%

Based on the $/sqft of 12 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
17371 Williamsburg DriveMar 2026$350,0003/21,645$213
17740 Sabal Palm DriveApr 2026$365,0003/21,816$201
17855 Chesterfield RoadMay 2026$365,0003/21,587$230
8864 Cascade Price CircleFeb 2026$315,0003/21,747$180
330 Shore DriveAug 2025$300,0003/21,736$173
16114 Flagg Pond LaneJan 2026$389,9003/21,659$235
Average6 comps$347,483$205

Market trends — North Fort Myers

Median list
$273,200
Median $/sqft
$178
Median sold (90d)
$276,000
Avg days on market
94
Active listings
626
Median sold price · North Fort Myers
$275,500last 3 months5% vs $290,000 prior 3 months
Median closed price by month · North Fort Myers
7.1% MoM14.1% YoY
$240k$284k$329kJul ’25Jul ’26
$278,450Jul ’26 · 52 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 $50,000 (12.5%) from the original list price.

Apr 3, 2026Sold$350,000
Jan 19, 2026Price reducedfrom $395,000$389,000
Oct 28, 2025Listed$400,000

The good, the trade-offs & the location

Pros
  • Storm protection: Impact Windows/Doors
Consider
  • Built 1964 — pre-2002 construction may carry older wind codes and higher insurance
  • In a higher-risk flood zone (AE) — flood insurance likely required
  • No garage listed
Location convenienceModerate
Hospital
10.3 mi
Cape Coral Hospital
Beach
20.1 mi
Fort Myers Beach
Airport
9.4 mi
Page Field (Fort Myers)
Shopping
8.7 mi
Edison Mall (Fort Myers)

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.