$900,000
4 Bed 4 Bath Pool Waterfront SingleFamilyResidence for Sale in IMPERIAL SHORES, FL
4838/4836 Esplanade Street, Bonita Springs, FL, 34134
About this home
Introducing 4838/4836 Esplanade, a rare offering in the prestigious Imperial Shores neighborhood—where coastal elegance meets income-producing performance. This exceptional two-unit waterfront residence presents the perfect blend of luxury living and high-return potential, ideal for the discerning investor seeking a premium asset in one of Bonita Springs’ most coveted west-of-41 enclaves. Set along a tranquil canal, this boasts 2 brand new Trex Dock spaces and boat lifts, along with a kayak launch, granting effortless boating, paddleboarding, and Gulf-bound adventures right from your backyard, an upscale amenity that significantly elevates rental desirability. Both units offer beautifully designed living spaces with bright, open layouts, well-appointed kitchens, and an inviting ambiance that appeals to seasonal guests, vacation renters, and long-term tenants seeking a refined coastal experience. This beautifully reimagined property has undergone a complete transformation in 2023 with thoughtful enhancements continuing into 2024. The heart of the home is the stunning chef’s kitchen, a true showpiece featuring custom soft-close wood cabinetry, exquisite quartz countertops, top-of-the-line stainless steel appliances, and a generously sized center island. Every corner reflects quality, with all-new electrical and plumbing, fresh interior and exterior paint, new water heaters, and a new HVAC system. Outdoors, the private pool area is an oasis of relaxation, boasting a new heater, new pump, and high wind-resistant screens that proved their strength through Hurricane Ian. A spacious storage area or workshop sits conveniently poolside, perfect for hobbies or equipment. The property is further enhanced by a 2022 roof. Blending elegance, durability, and coastal personality, this home offers an elevated lifestyle with every detail thoughtfully curated for beauty and comfort. Outside, the residence captivates with a sparkling inground pool framed by lush tropical landscaping and sweeping canal views, creating a resort-style atmosphere that is both serene and unforgettable. Whether enjoyed by future tenants or leveraged as a high-end vacation rental, this setting elevates the property into a tier of its own. With Imperial Shores’ no-HOA flexibility, proximity to world-class beaches, and a rapidly appreciating luxury rental market, 4838 Esplanade stands as a premier investment opportunity—offering sophistication, location, and steady income potential in perfect harmony.
Property details
- Type
- SingleFamilyResidence
- Year built
- 1974
- Interior
- 2,085 sqft
- Lot size
- 14,766.84 sqft
- Acreage
- 0.34 acres
- Garage
- 2 car
- Days on market
- 90
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $12,600/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- Impact Windows/Doors
- Exposure
- North
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- Yes
- Spa
- No
- Natural gas
- No
- Water
- Public
- Sewer
- Public Sewer
- New construction
- No
- Pets
- Yes
- County
- Lee
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 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.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 4429 Tarpon Avenue | Apr 2026 | $726,500 | 3/3 | 2,068 | $351 |
| 4951/4953 Esplanade Street | Feb 2026 | $760,000 | 3/2 | 1,899 | $400 |
| 198 2nd Street | Mar 2026 | $1,100,000 | 4/3 | 2,188 | $503 |
| 4520 Riverwatch Drive 201 | Mar 2026 | $709,000 | 3/3 | 1,960 | $362 |
| 813 E Valley Drive | Aug 2025 | $945,000 | 3/2 | 1,943 | $486 |
| 27080 Lake Harbor Court 203 | Mar 2026 | $745,000 | 3/2 | 1,951 | $382 |
| Average | 6 comps | $830,917 | $414 |
Market trends — Bonita Springs
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 (12.5%) from the original list price.
| Apr 24, 2026 | Sold | $875,000 |
| Feb 14, 2026 | Price reducedfrom $1,000,000 | $900,000 |
| Nov 25, 2025 | Listed | $1,000,000 |
The good, the trade-offs & the location
- Private pool
- Waterfront
- Storm protection: Impact Windows/Doors
- 2-car garage
- Built 1974 — pre-2002 construction may carry older wind codes and higher insurance
- In a higher-risk flood zone (AE) — flood insurance likely required
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.