Forest Ridge Shores
Homes for Sale in Estero, FL
All 260 homes for sale in Estero, FL · median $325,250 · 440 homes for sale in 33928 · Lee County homes for sale
True comps, carrying-cost math, and listings before the portals.
As of November 2026, the MLS records 2 closed sales in Forest Ridge Shores in Estero, FL since 2026, the most recent in August 2026. Across Estero as a whole, 340 homes closed in the last 12 months at a median of $447,510, 71 median days on market. At that median and Lee County's FY2025-26 rate of 15.97 mills, annual property tax runs about $7,150 ($6,480 with the full homestead exemption).
Forest Ridge Shores prices off size and condition more than anything else. With a median living area of 3,178 square feet against a median price of $475,000, the per-square-foot math (roughly $321.92) tells you this is a community where a well-updated larger home and a dated one of the same footprint can land in very different places on price. Buyers should expect the spread to be wide and tied directly to what's been done to the house since it was built.
A median 44 days on market says this isn't a snap-it-up market, but it isn't sitting stale either — homes that are priced and presented correctly are moving inside the six-to-seven week range. For sellers, that means condition and pricing discipline matter more than urgency tactics. For buyers, there's room to negotiate on anything that's lingered past that median, but the well-kept listings aren't waiting around.
Figures in this note are as of July 29, 2026. The live market numbers elsewhere on this page update nightly and are newer.
Nearby homes for sale
No active listings inside Forest Ridge Shores right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
Forest Ridge Shores in Estero built out between 1988 and 2004, with a median year built of 1996 — a mature, fully developed pocket of Lee County rather than a new-construction zone. Current MLS activity shows no community amenities tied to listings here, so buyers should treat this as a straightforward housing stock play rather than an amenity-driven purchase.
Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.
Who Forest Ridge Shores is best for.
Best for
- Buyers prioritizing larger living space over amenity packages
- Buyers comfortable budgeting for condition-driven renovation work in an older home
- Buyers seeking a steadier, lower-turnover market with a strong owner-occupancy base
Probably not for
- Buyers who want a homeowners association with organized amenities as a core requirement
- Buyers seeking new or near-new construction
- Buyers who need a fast, high-volume market with rapid turnover
The market around Forest Ridge Shores
Forest Ridge Shores is too small for its own price trend, so here is the market around it.
In ZIP 33928, 506 homes are on the market and 21% are under contract — a steady corner of Estero.
Across Lee County, 10,622 homes are active and 1,899 pending (15% under contract).
In ZIP 33928 (Estero), 334 homes closed in the last 12 months at a median of $504K ($246/sq ft), down 15.9% year over year, with a median 63 days on market. Right now 293 active and 77 pending listings put supply at about 10.5 months — a soft market. See the live ZIP 33928 housing market and the Lee County market.
ZIP and county figures describe the wider market, not Forest Ridge Shores specifically. Momentum Research analysis of MLS records.
The Forest Ridge Shores buying strategy.
If we were buying in Forest Ridge Shores 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 Forest Ridge Shores.
Size, age, and what's actually for sale
This is a larger-format community — a median 3,178 square feet of living space puts most homes here well above typical resale-market sizing. Combined with a build window spanning 1988 to 2004, the housing stock has had time to see multiple rounds of renovation, or none at all, which is the biggest single variable in what a given home will actually sell for relative to its neighbors.
At 71.5% homestead exemption filings, a solid majority of homes here are owner-occupied primary residences rather than investment or seasonal-use properties, which tends to correlate with more consistent upkeep and fewer speculative listings hitting the market at once. With 165 homes total and a three-closing reporting window, this reads as a smaller, steadier market rather than one with heavy transaction volume — patience on the buy side and realistic pricing on the sell side both pay off here.
The location and the amenities are priced into every listing in Forest Ridge Shores. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a community this size, with this wide a condition spread, we spend our time on the comps that actually match your target home's age and square footage — not a blended average that hides what a renovated versus original-condition property is really worth. That's the difference between a number that sounds right and one that holds up in negotiation.
Forest Ridge Shores in 15 seconds.
Tools for a Forest Ridge Shores 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 Forest Ridge Shores sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Forest Ridge Shores, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Forest Ridge Shores home worth?
Get a no-obligation home value based on real comparable sales in Forest Ridge Shores, 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 →
Should you buy in Forest Ridge Shores?
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: September 17, 2026) |
| Under-contract shares | Florida Gulf Coast MLS records, as of 2026-11-11 |
| Historical depth | Closed-sale records back to 2026 (2 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.
Recent Developments in Forest Ridge Shores
Development, infrastructure, retail, and school activity affecting Forest Ridge Shores, 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 1 mile southeast of Forest Ridge Shores.
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 11 miles east of Forest Ridge Shores.
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 Forest Ridge Shores, 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 Forest Ridge Shores, 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 10 miles northwest of Forest Ridge Shores, 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 4 miles northeast of Forest Ridge Shores, 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.
Own a home here?
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. A Momentum agent can price yours against live local comps.
Looking to buy here? Search homes for sale →
What’s your home worth in your area?
A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how Forest Ridge Shores fits the bigger picture — live prices, inventory, and Momentum Scores: