Fountain Lakes
Homes for Sale in Estero, FL

All 219 homes for sale in Estero, FL · median $324,900 · 347 homes for sale in 33928 · Lee County homes for sale

Community in Estero · Lee County · ZIP 33928
116 homesBuilt 1988–2004Median sale $410K
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Live Market Pulse
11/100
Market Heat
Cooler than normal
2014 → 2026 · 89 at the 2022 peak
0 is Fountain Lakes's coldest market since 2014, 100 its hottest. Today: 11. How it's scored

Photo via Florida Gulf Coast MLS

Built fromLive Florida Gulf Coast MLS data14 years of closingsFL DOR public recordsUpdated twice daily

As of September 2026, Fountain Lakes in Estero, FL has 8 homes for sale and 1 pending, asking from $479,900 to $649,900 (median $539,250). Over the 12 months ending 2026-09-20, 8 recorded sales closed at a median of $409,500, $241 per square foot, a median 114 days on market, sellers accepting 87% of original asking (-12% versus the prior year). Homes listed or recently sold were built 1988–2003; 3 of 9 report an HOA (median $147/mo); none of the 7 geocoded homes sit in a FEMA special flood hazard zone (median elevation 15 ft). At the median price and Lee County's FY2025-26 rate of 15.97 mills, annual property tax runs about $6,540 ($5,870 with the full homestead exemption).

Villages & sections of Fountain Lakes

Fountain Lakes in Estero, FL is a master-planned community recorded as 3 named villages and sections in the MLS; 1 home is for sale or pending across them today. Each village has its own page with its listings, sales history and HOA/CDD facts.

Fountain Lakes key facts
LocationEstero, Lee County, FL · ZIP 33928
Homes in the community116 (FL DOR 2025 assessment roll)
Years built1988–2004 (median 1992.0)
Typical living area3,318 sq ft (median)
Home types (current listings and sales)singlefamilyresidence 100%
Sale prices, last 12 months$409,500 median across 8 closed sales · $241 per sq ft · -11.9% vs the prior 12 months
Days on market (closed sales)114 median
For sale right now7 active, 1 pending · median asking $539,500
Owner-occupied (homestead) share72%

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, “Fountain Lakes key facts,” movewithmomentum.com/neighborhoods/fountain-lakes, data as of September 20, 2026.

Last 30 days in Fountain Lakes: 3 new listings (median asking $539,000), 1 under contract right now. As of September 26, 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.

Live · Fountain Lakes Housing Pulse Florida Gulf Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$410K ▼
Median sold · 12 mo
down 11.9% vs the prior 12 months
-11.9% ▼
1-yr price change
n = 8 and 13 sales in the two windows
$241/sf
Sold $/sqft · 12 mo
peak $301 in 2023
87.4%
Sale vs ask
Tempo
114days
Median DOM · closed
3 days at the 2022 low
13%
Under contract
Lee: 18% (1,646 of 9,225)
7 · 1
For sale · pending
live counts, refreshed twice daily
8
Sold · last 12 mo
10-yr average: about 17 a year
Ownership and context
72%
Owner-occupied · Fountain Lakes
84 of 116 parcels homesteaded (FL DOR 2025)
28%
Non-owner-occupied · Fountain Lakes
incl. 0% trust or LLC-held · 17% out-of-state
116
Homes in the community
116 residential parcels (FL DOR 2025)
Track record · 14 years of records
12
Recorded sales · 2024-2025
median $450K · qualified sales on the county roll (FL DOR 2025)
Est. 1988
Community established
homes built 1988-2004, median 1992 (FL DOR 2025)
1,676sqft
Median sold home size
12-mo windows, closed sales
6.9%/yr
Turnover rate
about 8 of 116 homes trade a year

Homes For Sale Right Now in Fountain Lakes

Live MLS inventory for Fountain Lakes. 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 Fountain Lakes listings as of 2026-09-26, 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.

Jon Brooks, founder of Momentum Realty
Jon's Current Read

Fountain Lakes prices on space more than anything else. A median living area around 3,020 square feet against a median price of $459,500 works out to roughly $243.67 per square foot, which is on the lower end for Estero — a sign that value here is driven by square footage and condition rather than scarcity or a premium finish level.

The current posture favors patience. A median 101 days on market and a market heat score of 18 point to a slow-moving, buyer-favorable environment, while year-over-year pricing is essentially flat at 2.1%. Sellers should price to condition and expect a longer marketing period; buyers have room to negotiate on homes that need work.

Fountain Lakes Housing Pulse · Momentum Research · as of September 20, 2026

Fountain Lakes right now

🔴 Off the recent peak. The trailing-12-month median ($410K) is down 11.9% from the prior 12 months ($465K). With about 17 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: Medium (8 and 13 sales in the two windows).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

· Updated September 27, 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

Fountain Lakes market snapshot (as of September 20, 2026): the median sale price is about $410K ($241 per sq ft over the trailing 12 months of closed sales), and a median 114 days on market for closed sales. The trailing-12-month median is down 12% from the prior 12 months, computed from record-level Florida Gulf Coast MLS closed sales (8 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 12 qualified sales in Fountain Lakes across 2024–2025 (8 in 2024, 4 in 2025), median $450,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.

Fountain Lakes is a community of 116 homes in Estero, Lee County, built between 1988 and 2004 (median 1992.0), with a median living area of about 3,318 square feet. 72% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Built out between 1988 and 2004 with a median year built of 1995, Fountain Lakes is an established Estero community of 481 homes where larger, older floor plans trade at a moderate per-square-foot price.

Best for

  • Buyers prioritizing square footage and floor plan size over recent updates
  • Owner-occupant buyers comfortable with a home built between 1988 and 2004
  • Buyers with flexibility on timeline who can negotiate on a slower-moving listing

Probably not for

  • Buyers who need move-in-ready condition without a renovation budget
  • Buyers relying on defined community amenities as part of the purchase decision
  • Sellers who need a fast sale and cannot accommodate a longer marketing period

Windows contain 1 to 31 sales each (8 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.

Median sale price · trailing 12 mo
$200K$400K20122014201620182020202220242026
Down 11.9% year over year.
Every sale since 2012 · price vs size
$0$200K$400K$600K1k2k3k
232 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$200$30020122014201620182020202220242026
Up from $128 in 2012 to a $301 peak in 2023; $241 now.
Median days on market · closed sales
05010020122014201620182020202220242026
3 days at the 2022 low; 114 now.
Sale price vs original ask · median
90%95%100%20122014201620182020202220242026
87.4% now.
Homes sold per 12-mo window
010203020122014201620182020202220242026
1 to 31 a year; 8 in the current window.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning2014201620182020202220242026
89 at the 2022 peak, 11 in the troughs, 11 now. Same score as the hero card, full history.
How much local inventory is already under contract

24% 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 (2026-09-27).

Fountain Lakes Market Scorecard

Balanced

Fountain Lakes is currently a balanced market., a median asking price of $539,500, and homes go under contract in about 87 days.

$539,500
Median list
$409,500
Median sold
$288
List $/sqft
87
Days on mkt
8/1/0
Active/Pend/Sold

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.

Housing distress & ownership in Fountain Lakes, Estero

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
0.0%
0 of 22 listings
Distress share trend — 0.0% now (2026-08-12 → 2026-09-26)

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.

Listing locations from Florida Gulf Coast MLS. Map data © OpenStreetMap, tiles © CARTO.

If we were buying in Fountain Lakes today, this is the order of operations we would run for our clients.

1

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.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

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 Fountain Lakes.

Best Buy
Buyers who want square footage first and are comfortable evaluating condition home by home.
Biggest Risk
A median 101 days on market means sellers need patience and realistic pricing to close.
Sweet Spot
Move-up buyers who want a larger floor plan in an established, mostly owner-occupied community.
Avoid If
Skip this one if you want turnkey finishes or defined community amenities as a given.

Size over polish

The math in Fountain Lakes is straightforward: homes here run large — a median of 3,020 square feet — but the per-square-foot price of $243.67 signals that buyers are paying for room to spread out, not for updated kitchens or new systems. That combination typically means a wide range of interior condition within the same community, and it puts a premium on inspection and renovation budgeting rather than on chasing the lowest list price.

With 71.1% of homes carrying a homestead exemption, this is a community built around owner-occupancy rather than short-term rental turnover, which tends to support more consistent upkeep over time even where individual homes show their age. No community amenities are currently identified from active MLS listings, so buyers should verify directly what, if anything, is included before assuming access to shared recreational features.

“

The location and the amenities are priced into every listing in Fountain Lakes. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
4.0C- · Buy Score
Recent Direction3.0/10
Owner Commitment7.2/10
Pricing Power1.6/10

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 (4.0). Basis: Recent Direction -11.9% year-over-year; Owner Commitment 72% owner-occupied; Pricing Power 87.4% sale-to-list. Refreshed with each data update.

Why work with Momentum here

In a market moving at a median 101 days on market with a low heat score, pricing strategy and negotiation leverage matter more than usual. Momentum tracks condition-adjusted comps across Fountain Lakes' 1988–2004 build range so sellers price realistically and buyers know exactly what a given per-square-foot number is actually buying.

Fountain Lakes in 15 seconds.

Best forBuyers who want square footage first and are comfortable evaluating condition home by home.
Biggest advantageA per-square-foot price of $243.67 delivers more living space per dollar than newer Estero product.
Biggest riskA median 101 days on market means sellers need patience and realistic pricing to close.
Sweet spotMove-up buyers who want a larger floor plan in an established, mostly owner-occupied community.
Avoid ifSkip this one if you want turnkey finishes or defined community amenities as a given.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Fountain Lakes homeowners association, its management company or its developer, and we cannot help with dues, gate access, violations, amenity bookings or association documents. To reach the association, check your closing package, the recorded declaration at the county clerk, or search the association’s name at sunbiz.org for its registered agent. Call or message us to buy or sell a home in Fountain Lakes.
In short
  • HOA dues reported around $147/month (about $1,764/yr) · median of 48 MLS listings, most billed quarterly
  • Any club/amenity membership is billed separately

Listings in this community report association dues of about $147 per month ($1,764 a year) — the median AssociationFee across 48 MLS records, normalised to a monthly figure; most are billed quarterly. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-09.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Fountain Lakes sales matched to your home.

What is your Fountain Lakes home worth?

Get a no-obligation home value based on real comparable sales in Fountain Lakes, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See all homes for sale in Estero →

Real comps, not an automated estimate.

Recently off market in Fountain Lakes

Homes in Fountain Lakes 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.

Frequently Asked Questions

What is the median home price in Fountain Lakes?
The median sale price in Fountain Lakes was $410K over the 12 months ending September 20, 2026 (8 closed sales, Florida Gulf Coast MLS).
How long do homes in Fountain Lakes take to sell?
Homes that closed in the 12 months ending September 20, 2026 took a median 114 days on market (8 sales, Florida Gulf Coast MLS).
How many homes are in Fountain Lakes?
The Florida DOR 2025 assessment roll shows 116 homes in Fountain Lakes (public records).
What share of Fountain Lakes is owner-occupied?
72% of Fountain Lakes parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Fountain Lakes built?
Homes in Fountain Lakes were built between 1988 and 2004, with a median year built of 1992.0 (FL DOR 2025 roll).
Who is the best real estate agent for Fountain Lakes?
The best agent for Fountain Lakes is one who actively works Estero and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Fountain Lakes.
How do I find a top Estero real estate agent who knows Fountain Lakes?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Fountain Lakes and the wider Estero area.
Can Momentum Realty connect me with an agent for Fountain Lakes?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Fountain Lakes purchase or sale - no call center and no pressure.
Where is Fountain Lakes, and what county is it in?
Fountain Lakes is in Estero, Lee County, FL, ZIP 33928.
Is Fountain Lakes a good place to live?
That depends on your budget, commute and what you want in a home, so here is what the data says about Fountain Lakes: the median sale price over the last 12 months was $410K (8 sales), 17% below the Estero median of $495K; homes took a median 114 days to go under contract; the assessment roll counts 116 homes, 72% of them homesteaded (owner-occupied). The full numbers, price history and the flood and school sections are above.
Buyers prioritizing square footage and floor plan size over recent updatesExcellent fit
Owner-occupant buyers comfortable with a home built between 1988 and 2004Excellent fit
Buyers with flexibility on timeline who can negotiate on a slower-moving listingExcellent fit
Buyers who need move-in-ready condition without a renovation budgetProbably not
Buyers relying on defined community amenities as part of the purchase decisionProbably not
Sellers who need a fast sale and cannot accommodate a longer marketing periodProbably not

Data sources & freshness

Live listingsFlorida Gulf Coast MLS, refreshed twice daily (last: September 26, 2026)
Community market statsFlorida Gulf Coast MLS closed sales, 12-month windows ending September 20, 2026
Housing stock & ownershipFlorida DOR assessment roll (street-list match (1 streets, ZIP 33928))
Under-contract sharesFlorida Gulf Coast MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2012 (232 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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You just read the data. Now see what your home is worth.

The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Florida Gulf Coast MLS member average and 8 days faster, and we’ll price yours against live local comps.

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Nearby Communities

Explore more neighborhoods near Fountain Lakes with Momentum Realty’s local guides.

Villas At Fountain Lakes0.2 mi away · median $308K, 4 sales/12 moForest Ridge0.3 mi away · median $452K, 4 sales/12 moThe Greens (Lee)0.3 mi away · median $185K, 9 sales/12 moFLFountain Lakes0.3 mi awayManors At Fountain Lakes0.4 mi awayVillas At Timber Lake0.4 mi away · median $335K, 3 sales/12 moForest Ridge Shores0.4 mi away · median $522K, 5 sales/12 moSungate Villas0.5 mi away

Browse all neighborhood guides →

Thinking of selling in Fountain Lakes? 8 recorded closings; median 114 days on market (window ending 2026-09-20). See the Lee County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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