Colonial Oaks
Homes for Sale in Estero, FL
All 255 homes for sale in Estero, FL · median $326,000 · 387 homes for sale in 33928 · Lee County homes for sale
True comps, carrying-cost math, and listings before the portals.
Market Heat
Photo via Florida Gulf Coast MLS
As of October 2026, Colonial Oaks in Estero, FL has 1 home for sale. Over the 12 months ending 2026-09-20, 7 recorded sales closed at a median of $588,000, $241 per square foot, a median 48 days on market, sellers accepting 91% of original asking (+22% versus the prior year). At the median price and Lee County's FY2025-26 rate of 15.97 mills, annual property tax runs about $9,390 ($8,720 with the full homestead exemption).
Last 30 days in Colonial Oaks: 1 new listing (median asking $499,000). As of October 20, 2026, Listing information provided by the Florida Gulf Coast Multiple Listing Service, Inc. Information is deemed reliable but not guaranteed by the MLS to be accurate.
Colonial Oaks prices off square footage more than anything else. With a median living area of 3,681 square feet against a median price of $594,000, the per-square-foot number lands at $232.57 — a figure that reflects size-driven value rather than scarcity or amenity premium. Buyers here are paying for space and an established build era (median year built 2003), not for a clubhouse roster.
A 12.1% year-over-year gain paired with a market heat score of 45 tells a specific story: prices are moving up, but the pace of sale isn't frantic. Median days on market sits at 58, just under two months, which gives buyers room to negotiate on condition and gives sellers a market that rewards patience over urgency. This is a community appreciating steadily, not one getting bid up overnight.
Figures in this note are as of July 29, 2026. The live market numbers elsewhere on this page update nightly and are newer.
Colonial Oaks right now
🟢 Still climbing. The trailing-12-month median ($588K) is up 22.5% from the prior 12 months ($480K). With about 6 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Florida Gulf Coast MLS closed sales, 12-month windows ending September 20. Confidence: Low (7 and 3 sales in the two windows).
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· Updated October 20, 2026 · Live data: Florida Gulf Coast MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Colonial Oaks market snapshot (as of September 20, 2026): the median sale price is about $588K ($241 per sq ft over the trailing 12 months of closed sales), and a median 48 days on market for closed sales. The trailing-12-month median is up 22% from the prior 12 months, computed from record-level Florida Gulf Coast MLS closed sales (7 closings in the current window).
In ZIP 33928 (Estero), 1,490 homes closed in the last 12 months at a median of $504K ($256/sq ft), down 2.6% year over year, with a median 66 days on market. Right now 412 active and 130 pending listings — a buyer's market. See the live ZIP 33928 housing market and the Lee County market.
County records show 8 qualified sales in Colonial Oaks across 2024–2024, median $530,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
Colonial Oaks is a community of 91 homes in Estero, Lee County, built between 2002 and 2004 (median 2003.0), with a median living area of about 3,688 square feet. 78% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Colonial Oaks is an established Estero community of 103 homes built between 1977 and 2004, with the typical home dating to right around 2003 and running large — a median of 3,681 square feet. Current MLS listings don't reflect a defined amenity package, so buyers should treat this as a homes-and-lots market rather than a lifestyle-amenity one.
Who Colonial Oaks is best for.
Best for
- Buyers prioritizing larger living space (median 3,681 sq ft) over community amenities
- Move-up buyers comfortable near the $594,000 median who want an established, mid-2000s-era build
- Buyers planning a long-term primary residence, consistent with the area's high homestead share
Probably not for
- Buyers who need a defined amenity package like a clubhouse or community pool as a deciding factor
- Investors seeking fast turnover in a market with a median 58-day sale window
- Buyers wanting a strictly newer build — construction here runs from 1977 through 2004
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 20 of each year, from record-level Florida Gulf Coast MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($588K) IS the median in the snapshot above, and the move from 2025 ($480K) IS the +22.5% one-year change.
Windows contain 2 to 17 sales each (7 in the current window); every figure carries its sample size, and thin markets swing on single closings. Listing information provided by the Florida Gulf Coast Multiple Listing Service, Inc. Information is deemed reliable but not guaranteed by the MLS to be accurate. Deemed reliable but not guaranteed.
19% of homes for sale in ZIP 33928 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-10-20).
Colonial Oaks Market Scorecard
Colonial Oaks is currently a balanced market., a median asking price of $414,990, and homes go under contract in about 195 days.
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: Florida Gulf Coast MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Homes For Sale Right Now in Colonial Oaks
Live MLS inventory for Colonial Oaks. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.
Active and pending Colonial Oaks listings as of 2026-10-20, priced high to low. Listing information provided by the Florida Gulf Coast Multiple Listing Service, Inc. Information is deemed reliable but not guaranteed by the MLS to be accurate. Tap any home to ask about it.
The Colonial Oaks buying strategy.
If we were buying in Colonial Oaks today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Colonial Oaks.
Space, not spec sheet
The build range spans nearly three decades (1977–2004), but the median year built of 2003 shows the bulk of inventory clusters toward the newer end of that window. Combined with a median living area of 3,681 square feet, this points to larger-format homes rather than the smaller original-era product — condition and layout updates will vary more than construction era across the 103 homes here.
At 78.6% homestead share, most owners have filed for primary-residence exemption, which typically signals a base of long-term occupancy rather than a rotating rental or seasonal-ownership stock. That matters for buyers: turnover is likely driven by life-stage decisions more than investment cycling, and it can mean fewer listings at any given time relative to the neighborhood's total home count.
The location and the amenities are priced into every listing in Colonial Oaks. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Colonial Oaks buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (7.2). Basis: Recent Direction +22.5% year-over-year; Owner Commitment 78% owner-occupied; Pricing Power 90.6% sale-to-list. Refreshed with each data update.
Why work with Momentum here
A market with a moderate heat score and a median 58-day sale window rewards buyers and sellers who price and negotiate with real data instead of assumptions carried over from hotter Lee County pockets. We track Colonial Oaks' actual per-square-foot trend and homestead-driven inventory pattern so pricing conversations — on either side of the contract — start from what's happening in this specific 103-home footprint, not a countywide average.
Colonial Oaks in 15 seconds.
Tools for a Colonial Oaks buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Colonial Oaks sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Colonial Oaks, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Colonial Oaks home worth?
Get a no-obligation home value based on real comparable sales in Colonial Oaks, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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Recently off market in Colonial Oaks
Homes in Colonial Oaks that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 1 on record.
- 9863 Colonial Walk N · off market
| Location | Estero, Lee County, FL · ZIP 33928 |
|---|---|
| Homes in the community | 91 (FL DOR 2025 assessment roll) |
| Years built | 2002–2004 (median 2003.0) |
| Typical living area | 3,688 sq ft (median) |
| Sale prices, last 12 months | $588,000 median across 7 closed sales · $241 per sq ft · +22.5% vs the prior 12 months |
| Days on market (closed sales) | 48 median |
| For sale right now | 1 active, 0 pending · median asking $414,990 |
| Owner-occupied (homestead) share | 78% |
Data as of September 20, 2026. Listing information provided by the Florida Gulf Coast Multiple Listing Service, Inc. Information is deemed reliable but not guaranteed by the MLS to be accurate; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Colonial Oaks key facts,” movewithmomentum.com/neighborhoods/colonial-oaks--lee, data as of September 20, 2026.
Housing distress & ownership in Colonial Oaks, Estero
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Listing information provided by the Florida Gulf Coast Multiple Listing Service, Inc. Information is deemed reliable but not guaranteed by the MLS to be accurate. Deemed reliable but not guaranteed.
Just listed in Colonial Oaks
The newest homes for sale in Colonial Oaks right now, newest first. Each link opens the full listing with every photo, the price history and a tour request.
- 9900 Colonial Walk N $499,000 · 4 bd · 2 ba · 2,073 sq ft · new today Courtesy of William Raveis Real Estate
- 9894 Colonial Walk N $411,990 · 3 bd · 2 ba · 1,571 sq ft · 195 days on market Courtesy of Realty One Group MVP
Checked against the MLS Oct 20, 2026. All new listings in this market.
Every Home for Sale in Colonial Oaks Lee Right Now (2)
All 2 active and pending Colonial Oaks Lee listings with a detail page, newest first, refreshed twice a day from the MLS.
- 9900 Colonial Walk N · $499,000 · 4 bd / 2 ba · listed Oct 7, 2026 · listed by William Raveis Real Estate
- 9894 Colonial Walk N · $411,990 · 3 bd / 2 ba · listed Jul 22, 2026 · listed by Realty One Group MVP
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Florida buyer guides
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- Florida flood insurance calculator
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Recent Developments in Colonial Oaks Lee
Development, infrastructure, retail, and school activity affecting Colonial Oaks Lee, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated October 2026.
- September 2026Development
Ritz-Carlton Residences, Estero Bay tops off second tower
The second of two 22-story towers at 5000 Coconut Road reached full height on Sept. 18, 2026, completing the 224-residence project by London Bay and Coastal Construction. Tower One is more than 90% purchased and Tower Two about 45%. Move-ins and completion are scheduled for August 2027.
What it may mean for the marketAdds high-end waterfront condominium inventory in the Estero and Bonita Springs area, with completion expected in August 2027. The site is about 2 miles southeast of Colonial Oaks Lee.
Source: Gulfshore Business - August 2026Development
Audubon and Cameratta settle lawsuit over 10,000-home Kingston community
Audubon and Cameratta Companies settled a federal suit over the Kingston permit; Cameratta will buy about 98 acres off Carter Road and give up a 100-foot easement for a road through Corkscrew Swamp Sanctuary. Kingston covers about 6,700 acres in eastern Lee County, with first model homes expected within about two months.
What it may mean for the marketRemoves a legal obstacle to a master-planned community of about 10,000 homes east of Estero, and rules out a road link into Collier County through the sanctuary. The site is about 12 miles east of Colonial Oaks Lee.
Source: Gulfshore Business - July 2026Infrastructure
New Big Carlos Pass Bridge opens in Lee County
The new fixed-span Big Carlos Pass Bridge connecting the south end of Estero Island with Lovers Key officially opened and was dedicated June 30, 2026. The $90.8 million project replaces an older drawbridge and provides 60 feet of boat clearance along with bicycle lanes and sidewalks. Concrete from the demolished drawbridge was repurposed into an artificial reef offshore.
What it may mean for the marketA new high-span bridge upgrades the coastal road connection and removes the delays associated with the former drawbridge. The project is about 4 miles west of Colonial Oaks Lee, elsewhere in Lee County.
Source: Gulfshore Business - June 2026Retail & Dining
High 5 Entertainment underway at Village Hub SportsPark in Estero
Vertical construction is underway on a High 5 Entertainment venue at the Village Hub SportsPark on the north side of Williams Road in Estero. The facility will include the 21-court Estero Pickleball Club, a 16-lane bowling alley, two miniature golf courses, an arcade, a full-service kitchen and bar, and retail space. The CEO said construction should finish within six to eight months, targeting soft openings in February 2027.
What it may mean for the marketA new entertainment and dining venue adds recreational and commercial space to the Estero activity hub. The project is about 3 miles north of Colonial Oaks Lee, elsewhere in Lee County.
Source: Gulfshore Business - June 2026Retail & Dining
Fort Myers Beach approves Development Order for Times Square entertainment center with hotel and restaurant
Fort Myers Beach town staff issued a Development Order for a three-story mixed-use entertainment center at 1028 and 1046 Estero Boulevard at Times Square, on the former sites of Sunset Beach Tropical Grill and The Playmore Tiki Bar. The 41,285-square-foot project by Persaud Properties would include six hotel units, a restaurant, shopping, a bar, an entertainment venue with a stage and a public pool. No construction permits had been issued as of the approval, with additional environmental and stormwater approvals still required.
What it may mean for the marketA new mixed-use entertainment building would add hotel, dining and retail space to the Times Square commercial district and support its post-storm rebuild. The project is about 9 miles west of Colonial Oaks Lee, elsewhere in Lee County.
Source: Fort Myers Beach Observer - May 2026Development
Estero board reviews 370-unit mixed-use complex at Estero Parkway and Three Oaks Parkway
The Estero Planning, Zoning and Design Board on May 19, 2026 reviewed The Residential Group's proposal for a mixed-use development on 5.275 acres at the southwest corner of Estero Parkway and Three Oaks Parkway. The plan calls for 370 apartments and 33,000 square feet of commercial space and requests a zoning change from a 1994 commercial planned development to a mixed use planned development. The proposal projects fewer daily trips and lower density than the previously approved shopping center.
What it may mean for the marketThe plan would convert an aging commercial site into new housing and ground-floor retail at a major intersection. The project is about 3 miles northeast of Colonial Oaks Lee, elsewhere in Lee County.
Source: Gulfshore Business
Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.
What it really costs to own in Colonial Oaks
The parts of the monthly number a mortgage calculator leaves out, from the tax roll, the MLS, Citizens and FEMA. Property facts only.
| Property tax | Current owners' bills run a median of $4,146/yr across 4 listings here (MLS tax records, 2026-10-20). |
|---|---|
| Home and flood insurance | The average Citizens Property Insurance premium in Lee County is $2,197/yr (6,508 policies, Citizens detail by county, April 2026); private-market quotes depend on roof age, wind mitigation and construction. |
| Roof and age | Median build year 2002 across 4 listings. An original roof here would be about 24 years old; under Florida's 2022 reform (SB 2-D) carriers may require an inspection past 15 years, so budget for a roof report, and for replacement where it fails. |
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Ask an agent about Colonial Oaks
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Frequently Asked Questions
What is the median home price in Colonial Oaks?
How long do homes in Colonial Oaks take to sell?
How many homes are in Colonial Oaks?
What share of Colonial Oaks is owner-occupied?
When were the homes in Colonial Oaks built?
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Is Colonial Oaks a good place to live?
Should you buy in Colonial Oaks?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | Florida Gulf Coast MLS, refreshed twice daily (last: October 20, 2026) |
| Community market stats | Florida Gulf Coast MLS closed sales, 12-month windows ending September 20, 2026 |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (1 streets, ZIP 33928)) |
| Under-contract shares | Florida Gulf Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2013 (92 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Florida Gulf Coast MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
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More on Colonial Oaks
- Home values · What homes in Colonial Oaks actually sell for