4 Bed Pool Home for Sale in Lakes Of Estero
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SoldMLS# 226014524

$625,000

4 Bed Pool Home for Sale in Lakes Of Estero

21827 Rainbow Lake Court, Estero, FL, 33928

4 beds2.5 baths2,541 sqft2 garage
GatedPickleballTennisFitness CenterClubhouseBasketballCommunity PoolWaterfront

About this home

Experience the perfect blend of privacy, modern upgrades, and resort-style convenience in this stunning 4-bedroom, 2.5-bathroom home situated on a quiet cul-de-sac in the highly sought-after Lakes of Estero. Boasting breathtaking, unobstructed views across the lake and located within easy walking distance to Estero High School, this property offers a premier location for families and commuters alike. Step inside to find a thoughtfully upgraded interior featuring plank tile flooring throughout the main level, impact resistant slider doors, elegant crown molding, and an inviting living area anchored by an electric fireplace and two separate custom-built shelving displays. The kitchen is a chef's delight with granite countertops, a tumbled tile backsplash, and classic plantation shutters. A brand-new roof in 2022 will make any potential buyer have peace of mind. The outdoor living space has been transformed into a private oasis featuring a sun deck and a raised hot tub with a cascading waterfall that flows into the pool, all easily controlled via the Aqualink smartphone app. The spacious primary suite serves as a true sanctuary, offering custom-organized walk-in closets and a luxurious bath with a separate soaking tub and a glass-enclosed shower featuring dual shower heads. The upper level is finished with durable laminate flooring and a refreshed guest bath featuring a new vanity and designer wall tiles. The garage has been made feel cozy and more functional with commercial grade carpeting, track lighting, storage racks, newer hot water heater and plug in for E-car. Life is made simple with a Nest HVAC thermostat and a low-fee HOA of only $387 per month that provides total convenience by covering cable, high-speed internet, and all landscaping and lawn care. Residents also enjoy access to a community clubhouse, exercise room, pool, and courts for tennis, pickleball, and basketball. This pet-friendly community welcomes up to three pets with no weight restrictions, making it the ultimate Florida retreat for every member of the family.

Property details

Type
SingleFamilyResidence
Year built
2005
Interior
2,541 sqft
Lot size
6,307.488 sqft
Acreage
0.14 acres
Garage
2 car
Days on market
77
Total association fees
$4,620/yr (~$385/mo)
CDD
None
Est. taxes (1.4%)
$8,750/yr
Flood zone (area est.)
Yes · High risk (AH)
Storm protection
None listed
Exposure
East
Waterfront
Yes
Gulf access
No
Gulf access type
N/A
Pool
Yes
Spa
Yes
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

CableTvInternetIrrigationWaterMaintenanceGroundsRecreationFacilitiesReserveFundRoadMaintenance

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

Amenities

BasketballCourtClubhouseFitnessCenterPickleballPoolTennisCourtsManagement

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
$246/sqft
Comp median
$220/sqft
Difference
+12%

Based on the $/sqft of 3 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
9896 Colonial WalkNov 2025$600,0004/22,587$232
9160 Estero River CircleAug 2026$560,0003/22,547$220
9115 Estero River CircleJun 2026$548,0004/22,600$211
Average3 comps$569,333$221

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 $25,000 (4%) from the original list price.

Jul 27, 2026Sold$600,000
Apr 13, 2026Listed$625,000

The good, the trade-offs & the location

Pros
  • Built 2005 — post-2002 Florida wind codes (typically lower insurance)
  • Private pool
  • Waterfront
  • 2-car garage
Consider
  • In a higher-risk flood zone (AH) — flood insurance likely required
Location convenienceHigh
Hospital
9.2 mi
HealthPark Medical Center
Beach
5.8 mi
Lovers Key State Park
Airport
8.1 mi
RSW Intl (Fort Myers)
Shopping
1.3 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.