5 Bed Waterfront Home for Sale in Coral Bay
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For SaleMLS# 2026022359

$415,000

5 Bed Waterfront Home for Sale in Coral Bay

2849 Pillar Coral Lane, North Fort Myers, FL, 33903

5 beds3 baths2,634 sqft2 garage
GatedPickleballTennisBocceFitness CenterClubhousePlaygroundCommunity PoolBoatingWaterfront

About this home

Welcome home to Coral Bay, where resort-style living meets the space your family has been searching for. As the ONLY Hayden model currently available in the community, this exceptional 5-bedroom, 3-bath home offers a rare opportunity to enjoy one of Coral Bay’s most popular floor plans. From the moment you step inside, you’ll appreciate the bright, open layout designed for connection and comfort. The spacious great room creates the perfect gathering place for holidays, game nights, and everyday moments, while the flexible den offers space for a home office, playroom, or quiet retreat. A first-floor bedroom and full bath provide privacy for guests, extended family, or anyone who appreciates the convenience of main-level living. Upstairs, the oversized loft becomes a second living area where everyone can spread out and relax. At the end of the day, escape to the expansive primary suite featuring dual walk-in closets and a spa-inspired bath designed to help you unwind. Step outside to your fully fenced backyard, offering the perfect space for pets to play, children to enjoy the outdoors, backyard barbecues, or simply relaxing with your morning coffee while enjoying the Florida sunshine. For added peace of mind, the home is equipped with a whole-home generator hookup, providing convenience and preparedness during storm season. Whether you’re hosting friends, raising a growing family, welcoming visiting grandchildren, or simply enjoying the extra room to live comfortably, this home offers the flexibility to fit your lifestyle today and for years to come. Outside your front door, Coral Bay’s resort-style amenities make every day feel like a vacation. Spend afternoons by the pool, enjoy friendly competition on the pickleball and bocce courts, gather with neighbors at the clubhouse, or watch the kids play at the community playground. Ideally located in the rapidly growing North Fort Myers area, you’ll enjoy convenient access to shopping, dining, schools, entertainment, and everything Southwest Florida has to offer. Spacious, inviting, and move-in ready, this is more than a home—it’s the lifestyle you’ve been waiting for.

Property details

Type
SingleFamilyResidence
Year built
2024
Interior
2,634 sqft
Lot size
6,276.996 sqft
Acreage
0.14 acres
Garage
2 car
Days on market
89
Total association fees
$1,536/yr (~$128/mo)
CDD
Yes
Est. taxes (1.4%)
$5,810/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
Impact Windows/Doors, Shutters
Exposure
Northeast
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

CableTvInternetRoadMaintenanceSewerStreetLightsTrashWater

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

Amenities

BocceCourtClubhouseFitnessCenterBarbecuePicnicAreaPlaygroundPickleballPoolSidewalksTennisCourtsManagement

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.

At marketThis home is priced in line with comparable recent sales.
This home
$158/sqft
Comp median
$150/sqft
Difference
+5%

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
16553 BLUE CORAL TrailSep 2025$390,0005/32,605$150
16540 Blue Coral LaneJun 2026$402,9945/32,605$155
16511 Blue Coral LaneJun 2026$372,2005/32,605$143
Average3 comps$388,398$149

Market trends, Coral Bay

Median list
$344,950
Median $/sqft
$209
Median sold (90d)
$376,250
Avg days on market
82
Active listings
10
Median sold price · Coral Bay
$376,250last 3 monthsnot enough sold data to compare

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

Price & status history

Down $10,000 (2.4%) from the original list price.

Aug 21, 2026Price reducedfrom $424,900$415,000
May 30, 2026Listed$425,000

The good, the trade-offs & the location

Pros
  • Built 2024 — post-2002 Florida wind codes (typically lower insurance)
  • Waterfront
  • Storm protection: Impact Windows/Doors, Shutters
  • 2-car garage
Consider
  • In a higher-risk flood zone (AE) — flood insurance likely required
Location convenienceHigh
Hospital
5.6 mi
Cape Coral Hospital
Beach
17.9 mi
Fort Myers Beach
Airport
9 mi
Page Field (Fort Myers)
Shopping
4.5 mi
Coralwood / Merchants Crossing (Cape)

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.