$389,900
5 Bed Waterfront Home for Sale in Lehigh Acres
8584 Pegasus Drive, Lehigh Acres, FL, 33971
About this home
Beautiful Lakefront and rarely available one of the most desirable units in Olympia Pointe. Olympia Pointe is a gated community offering security cameras and lots of amenities. The Club house offers a huge recreation gathering area consisting of a pool table and a weight room. Outside of the club house is a play area for the kids and a community swimming pool. Beautiful Lakefront and rarely available one of the most desirable units in Olympia Pointe. This home offers close to 3000 square feet of living consisting of 5 Bedroom 3.5 Baths. Two master suites one located on the first floor with two walking closets and a Roman tub and the other located on the 2nd floor with walk-in closet too. The second floor offers a HUGE loft with 3 more bedrooms and a full bathroom with double sinks. The kitchen offers 43 inch wood stainless with granite counter tops and steel appliances from 2023.
Property details
- Type
- SingleFamilyResidence
- Year built
- 2008
- Interior
- 2,871 sqft
- Lot size
- 10,890 sqft
- Acreage
- 0.25 acres
- Garage
- 2 car
- Days on market
- 54
- Total association fees
- $3,120/yr (~$260/mo)
- CDD
- None
- Est. taxes (1.4%)
- $5,459/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- None listed
- Exposure
- Southeast
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Assessment Paid
- 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 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.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 8543 Pegasus Drive | Dec 2025 | $372,500 | 4/4 | 3,019 | $123 |
| 12718 Stone Tower Loop | Sep 2025 | $415,000 | 4/2 | 2,766 | $150 |
| 9628 Blue Stone Circle | Oct 2025 | $485,000 | 4/2 | 2,931 | $165 |
| 12440 Crooked Creek Lane | Feb 2026 | $460,000 | 4/3 | 2,761 | $167 |
| 12587 Stone Tower Loop | Jun 2026 | $445,000 | 5/3 | 2,924 | $152 |
| Average | 5 comps | $435,500 | $151 |
Market trends, Olympia Pointe
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 community medians from the MLS · see all listings. Indicative, not an appraisal.
Price & status history
Down $30,000 (7.1%) from the original list price.
| Nov 10, 2025 | Sold | $389,900 |
| Sep 11, 2025 | Price reducedfrom $399,900 | $389,900 |
| Aug 12, 2025 | Listed | $419,900 |
The good, the trade-offs & the location
- Built 2008 — post-2002 Florida wind codes (typically lower insurance)
- Lower flood risk (zone X)
- Waterfront
- 2-car garage
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.