$548,500
4 Bed 3 Bath Waterfront SingleFamilyResidence for Sale in LAKES OF ESTERO, FL
21810 Rainbow Lake Court, Estero, FL, 33928
About this home
Luxury Living in the Heart of Estero: Experience the perfect blend of privacy and sophistication in this stunning Lakefront 4 bed/ 3 bath 2,800 sq. ft. residence. Located in an upscale, rapidly developing corridor, you are steps away from the premier shops and dining of Coconut Point, as well as top-rated schools and community parks. The Interior: Pass through the grand 20-foot entryway to find a striking wrought-iron staircase and 20-inch diagonal Italian tile flowing throughout the main floor. This thoughtfully designed layout features 4 bedrooms and 3 full baths, including a convenient first-floor guest suite. The expansive living areas lead to breathtaking SOUTHWEST lake views, where you can enjoy world-class Florida sunsets every evening. Recent Enhancements include Chef’s Kitchen Updated with a center island and newer stainless appliances; AND the Primary Retreat features A spa-like sanctuary featuring an oversized soaking tub. For your Peace of Mind: Newer high-efficiency HVAC (2025), updated water heater (2024), and hurricane shutters (electric on second floor and manual on 1st floor). Extra Design Details: Fresh interior/exterior paint, 5-inch baseboards, and all-new designer lighting and fans. Set on an oversized lot, this property offers rare privacy for the area. The fully fenced backyard is perfect for pets, while the low-fee HOA of $387 per month provides total convenience, covering Cable, Internet/WIFI and all landscaping and lawn care. Residents also enjoy a community clubhouse and pool, tennis courts, pickleball, basketball and exercise room. 3 pets allowed - no weight restrictions. rental restrictions 2 times per year, minimum 180 days. NOT IN A FLOOD ZONE AND NO CDD! Seller pays $1800 per year for homeowners insurance.
Property details
- Type
- SingleFamilyResidence
- Year built
- 2005
- Interior
- 2,760 sqft
- Lot size
- 7,910.496 sqft
- Acreage
- 0.18 acres
- Garage
- 2 car
- Days on market
- 11
- Total association fees
- $4,644/yr (~$387/mo)
- CDD
- None
- Est. taxes (1.4%)
- $7,679/yr
- Flood zone (area est.)
- Yes · High risk (AH)
- Storm protection
- None listed
- Exposure
- Southwest
- 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
What the association dues cover, per the MLS. Confirm the full schedule with the HOA.
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 6 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 |
|---|---|---|---|---|---|
| 9896 Colonial Walk | Nov 2025 | $600,000 | 4/2 | 2,587 | $232 |
| 9115 Estero River Circle | Jun 2026 | $548,000 | 4/2 | 2,600 | $211 |
| 3501 Cherry Blossom Court 204 | Feb 2026 | $457,500 | 3/2 | 2,878 | $159 |
| 20591 Groveline Court | Apr 2026 | $615,000 | 4/3 | 2,788 | $221 |
| 20141 ROOKERY Drive | Jul 2026 | $599,000 | 3/2 | 2,612 | $229 |
| 22849 Forest Ridge Drive | Dec 2025 | $535,000 | 5/2 | 2,887 | $185 |
| Average | 6 comps | $559,083 | $206 |
Market trends — Estero
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 $18,500 (3.4%) from the original list price.
| May 29, 2026 | Sold | $530,000 |
| Mar 14, 2026 | Listed | $548,500 |
The good, the trade-offs & the location
- Built 2005 — post-2002 Florida wind codes (typically lower insurance)
- Waterfront
- 2-car garage
- In a higher-risk flood zone (AH) — 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.