Estero, FL Real Estate
Estero, Florida, located along the gulf coast of the Sunshine State between Fort Myers and Bonita Springs occupies some of the most beautiful oceanfront real estate in the area. Additionally, Estero offers expedient access to the surrounding cities for those looking to live close to the water, while also accommodating those that may not work right along the coast or have to commute to another city.
Estero homes for sale are known to fly off the market quickly, and generally command asking price if not over, with many properties receiving multiple offers upon hitting the market as interest rates reach all time lows.
As of 2018, Estero had an estimated population of approximately 33,000 individuals – many of which are retirees looking to settle down somewhere warm, beautiful, and with plenty of luxuries to enjoy year-round.
Estero, Florida is the perfect place for those looking to enjoy the finer things in life, and have a community that provides them with options no matter what they enjoy doing on a daily basis. Whether the activity may include shopping, trying new restaurants, lounging at the beach, or taking a dip in the warm emerald waters, residents have a wide variety of experiences at their fingertips.
Estero also is attracting young professionals and families. Many large, 1000+ home communities are being built East of I75 that are attracting younger families as well as retirees.
The history of Estero is a fascinating one, being founded by a group known as the Koreshans. The Koreshans settled the area in the late 1800s, and established their community of followers that believed humans actually lived inside the earth rather than on the surface of it. They went on to believe that the rest of what is seen as the universe was reflections of light off of the outer layers of the world. Although that group quickly dispersed, and disappeared after their leader’s death, they still left a lot of significant communal infrastructure behind that ended up leading to more individuals moving to the area thereafter.
These individuals continued to develop the area, with the Koreshan State Historic Site being one of them, and made the area a fascinating stop to make for those curious to learn more about the local history. After Estero’s incorporation in 1904, more and more people began moving to the area to settle along the beautiful Estero River – known for its excellent fishing opportunities and serenity.
More and more families moving to Estero settled along the river until eventually an entire city began to form farther away from the waterfront, and the current footprint of Estero slowly took shape.
Estero Community Options
When it comes to Estero real estate, there are more than enough options available to suit even the pickiest of home buyers. When trying to decide which neighborhood is right for you, be sure to check everything there is to offer.
With its master-planned communities of half-million dollar homes, and beautiful golf course condos, Estero real estate is certainly some of the most gorgeous to be found in the country. With the average Estero home for sale being $320,000, it is a great place to be for those looking to find something elegant and luxurious without paying an inflated price to be close to the ocean. Estero is a very popular choice for those who want to live close to Naples but who don’t necessarily want to pay Naples prices.
Whether you choose a new community East of I75 like Wild Blue, The Place or Corkscrew Shores, or whether you want to live in an established country club community like West Bay Club or Shadow Wood Country Club, Estero has plenty of community options for a variety of tastes and price points.
One of the affordable favorites is the Stoneybrook Golf Club neighborhood. Stoneybrook offers a wide array of homes and condos can be found for sale all the way from $200,000 up into the high six-figures.
Another beautiful golf neighborhood is Wildcat Run Golf and Country Club. In Wildcat Run, the main difference lies in that the neighborhood consists mainly of homes, rather than a mixture of homes and condos. These homes are in fact quite a bit larger and more expensive on average than other homes in the Estero area. Typically, homes here are in the upper six-figures, and going into the multimillion dollar price range for those looking to purchase a property that is truly exceptional in an exclusive community of golf fanatics.
For anyone looking to retire in southwest Florida, and not have to worry about maintaining a large yard or dealing with property maintenance, Estero offers a plethora of multi-family condo, coach home and townhouse communities. Recently, Tidewater by Dell Webb, a 55-plus community designed exclusively for active adults looking to enjoy retirement (and make the most out of what Estero has to offer) was built directly adjacent to the Miromar Outlet Mall.
Estero Amenities and Shopping
Wondering where to go for all your shopping needs? Wonder no more! Estero is home to two of the most popular shopping centers in southwest Florida, Miromar Outlets and Coconut Point Mall.
For Estero residents looking for a more upscale shopping experience, look no further than the Miromar Outlets located just off Interstate 75, and close to Estero’s own Florida Gulf Coast University. Being one of the premier outdoor shopping malls for miles, this is one of the go-to shopping destinations for residents of Estero, as well as the entire area of southwest Florida. With its vast array of outlet stores selling brand name goods from all well-known mid to higher price range brands, as well as some larger department stores, the Miromar Outlets are a pleasantly busy place on the weekends.
Coconut Point Mall is also one of the most popular shopping and dining destinations in the entire area. With over 127 stores and 18 restaurants and eateries, this upscale shopping district attracts visitors from all over southwest Florida. It’s conveniently located on Tamiami Trail (41) and only a few short miles west of I75.
Estero Real Estate Market
Of course, with such a wide array of real estate options available to home buyers, it makes sense that the housing market in Estero, Florida is quite healthy. With an average sales price of $320,000 (which is increasing steadily alongside US currency inflation) home buyers can expect their property value to increase correspondingly to the US dollar – if not more.
Currently, the price per square foot of homes sold is sitting at $174 per square foot, which is nearly 2.4% higher than it was last year. This is a great sign for those thinking about selling, and those looking to invest in Estero real estate as it is demonstrably increasing in value year over year.
To wrap things up, the village of Estero – with its colorful beginnings, exotic plant life, endless shopping destinations, and vast array of homes and condos for sale – makes for a fantastic place to live. For those considering a move to the Sunshine State, be sure to look at Estero homes for sale, as they typically sell in less than 51 days for between 97-99% of asking price.