4 Bed Waterfront Home for Sale in Bonita Springs
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For SaleMLS# 226032497

$1,450,000

4 Bed Waterfront Home for Sale in Bonita Springs

27323 Elwood Drive, Bonita Springs, FL, 34135

4 beds4 baths2,532 sqft2 garage
BoatingWaterfront

About this home

Enjoy modern coastal living in this beautifully designed 4-bedroom + den, 4-bath home offering over 2,500 square feet of living space on an oversized .39-acre lot in Bonita Springs. Completed in 2021 and lovingly maintained by the original owner, this two-story home blends stylish finishes, flexible living space and a private setting with no HOA fees. Inside, luxury vinyl flooring extends throughout the home, complemented by level 5 quartz countertops, white solid wood shaker cabinetry, stainless steel appliances, custom glass enclosures and PGT hurricane-impact windows and doors. The main living areas are bright, open and inviting, with a clean coastal-contemporary design that feels both polished and comfortable for everyday living or entertaining. All four bedrooms are located upstairs, including a private mother-in-law suite with its own full bath and separate entrance, making it an ideal option for guests, extended family or multigenerational living. The spacious primary bedroom is paired with a well-appointed primary bath featuring dual sinks, a separate tub and shower and multiple shower heads, while the den offers additional flexibility for a home office, media room, reading room or other creative use. Outside, the oversized homesite provides a private, natural backdrop with room to create a custom pool and outdoor living retreat. The property also offers access to the canal system leading to the Gulf, adding another layer of appeal for those who enjoy boating and fishing. Hurricane-impact windows and doors provide added peace of mind, while the attached 2-car garage and no HOA fees add everyday convenience. Ideally located just minutes from Coconut Point with world-class dining and shopping, along with easy access to Publix, The Fresh Market, The Promenade at Bonita Bay, Gulf beaches, Naples and many of Southwest Florida’s favorite destinations. This distinctive Bonita Springs property combines modern coastal style, generous living space, flexible accommodations and Gulf-access potential in a convenient and established location.

Property details

Type
SingleFamilyResidence
Year built
2021
Interior
2,532 sqft
Lot size
16,988.4 sqft
Acreage
0.39 acres
Garage
2 car
Days on market
0
Total association fees
None
CDD
None
Est. taxes (1.4%)
$20,300/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
Impact Windows/Doors
Exposure
Northwest
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

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
$573/sqft
Comp median
$493/sqft
Difference
+16%

Based on the $/sqft of 5 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
27109 Serrano WayJan 2026$1,400,0003/32,403$583
27257 Patrick StreetMay 2026$1,250,0003/22,538$493
28649 Pienza CourtApr 2026$1,129,0003/22,544$444
17066 Porta Vecchio Way 101Dec 2025$1,350,0003/32,543$531
9928 CASABELLA WayJun 2026$1,260,0003/22,672$472
Average5 comps$1,277,800$505

Market trends, Riverside Park / Old Bonita Springs Downtown

Median list
$305,000
Median $/sqft
$242
Median sold (90d)
$500,000
Avg days on market
122
Active listings
11
Median sold price · Riverside Park / Old Bonita Springs Downtown
$500,000last 3 months35.1% vs $370,000 prior 3 months

Live community medians from the MLS · see all listings. Indicative, not an appraisal.

The good, the trade-offs & the location

Pros
  • Built 2021 — post-2002 Florida wind codes (typically lower insurance)
  • Waterfront
  • Storm protection: Impact Windows/Doors
  • 2-car garage
Consider
  • In a higher-risk flood zone (AE) — flood insurance likely required
Location convenienceHigh
Hospital
11.5 mi
Physicians Regional (Naples)
Beach
4.8 mi
Bonita Beach
Airport
13 mi
Naples Airport
Shopping
2 mi
Promenade at Bonita Bay

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.