Aerial view of Forest Ridge Shores

Forest Ridge Shores
Homes for Sale in Estero, FL

All 215 homes for sale in Estero, FL · median $325,000 · 340 homes for sale in 33928 · Lee County homes for sale

Community in Estero · Lee County · ZIP 33928
Median sale $522K
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True comps, carrying-cost math, and listings before the portals.

Built fromLive Florida Gulf Coast MLS data12 years of closingsUpdated twice daily

Over the 12 months ending 2026-09-20, 5 recorded sales closed at a median of $522,500, $319 per square foot, a median 44 days on market, sellers accepting 95% of original asking. At the median price and Lee County's FY2025-26 rate of 15.97 mills, annual property tax runs about $8,340 ($7,680 with the full homestead exemption).

Forest Ridge Shores key facts
LocationEstero, Lee County, FL · ZIP 33928
Sale prices, last 12 months$522,500 median across 5 closed sales · $319 per sq ft
Days on market (closed sales)44 median
For sale right now0 active, 0 pending

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. Market figures describe homes, not residents. Cite as: Momentum Realty, “Forest Ridge Shores key facts,” movewithmomentum.com/neighborhoods/forest-ridge-shores, data as of September 20, 2026.

Live · Forest Ridge Shores 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
$522K
Median sold · 12 mo
$319/sf
Sold $/sqft · 12 mo
peak $334 in 2023
95.0%
Sale vs ask
Tempo
44days
Median DOM · closed
2 days at the 2021 low
0 · 0
For sale · pending
live counts, refreshed twice daily
5
Sold · last 12 mo
10-yr average: about 3 a year
Track record · 12 years of records
1,785sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

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.

Nearby homes for sale

No active listings inside Forest Ridge ShoresHomes for Sale in Estero, FL 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.

3801 Springside DR
$539K · 0.1 mi away
3 bd · 2 ba · 1,958 sqft
3801 Springside DR
Listed by Compass Florida LLC
22855 Forest Ridge DR
$599K · 0.2 mi away
5 bd · 3 ba · 3,092 sqft
22855 Forest Ridge DR
Listed by RE/MAX Hallmark Realty
3634 Stone WAY
$288K · 0.3 mi away
2 bd · 2 ba · 1,295 sqft
3634 Stone WAY
Listed by ADDVANTAGE
22954 Lone Oak DR
$320K · 0.3 mi away
2 bd · 2 ba · 1,298 sqft
22954 Lone Oak DR
Listed by North and Vrillaud Realty Group
21695 Sungate CT
$325K · 0.3 mi away
3 bd · 2 ba · 1,760 sqft
21695 Sungate CT
Listed by Realty World J. PAVICH R.E.
22690 Island Lakes DR
$540K · 0.3 mi away
3 bd · 2 ba · 1,908 sqft
22690 Island Lakes DR
Listed by Realty World J. PAVICH R.E.

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 market snapshot (as of September 20, 2026): the median sale price is about $522K ($319 per sq ft over the trailing 12 months of closed sales), and a median 44 days on market for closed sales.

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.

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.

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

Windows contain 0 to 5 sales each (5 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.

Homes sold per 12-mo window
0242014201620182020202220242026
0 to 5 a year; 5 in the current window.

The real cost & risk here

Before the list price, the Florida math the portals skip. These are Lee County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.

$2,184/mo
Lee County typical true cost to own
$183/mo
Lee County typical home insurance
Check CDD
Confirm before you offer

County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.

How much local inventory is already under contract

25% 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 (2026-09-20).

Forest Ridge Shores Market Scorecard

Balanced

Forest Ridge Shores is currently a balanced market..

$522,500
Median sold
0/0/0
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 Forest Ridge Shores, 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 15 listings
Distress share trend — 0.0% now (2026-09-04 → 2026-09-19)

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.

If we were buying in Forest Ridge Shores 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 Forest Ridge Shores.

Best Buy
Buyers who want square footage first and are comfortable evaluating condition case by case.
Biggest Risk
Wide variation in updates across a 1988–2004 build range means two homes at the same price can be very different purchases.
Sweet Spot
A larger home near the median price and square footage, bought with a clear-eyed view of what's been updated versus original.
Avoid If
You're shopping specifically for a community with organized amenities — none are currently tied to listings here.

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.

Jon Brooks · Founder, Momentum Realty

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.

Best forBuyers who want square footage first and are comfortable evaluating condition case by case.
Biggest advantageA mature, built-out footprint with a high share of owner-occupied homes and no amenity fees baked into the price.
Biggest riskWide variation in updates across a 1988–2004 build range means two homes at the same price can be very different purchases.
Sweet spotA larger home near the median price and square footage, bought with a clear-eyed view of what's been updated versus original.
Avoid ifYou're shopping specifically for a community with organized amenities — none are currently tied to listings here.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Forest Ridge Shores 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 Forest Ridge Shores.
In short
  • HOA status not on record. Verify any dues before you offer
  • Any club/amenity membership is billed separately

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 Forest Ridge Shores sales matched to your home.

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 →

Real comps, not an automated estimate.

Recently off market in Forest Ridge Shores

Homes in Forest Ridge Shores 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. 2 on record.

Frequently Asked Questions

What is the median home price in Forest Ridge Shores?
The median sale price in Forest Ridge Shores was $522K over the 12 months ending September 20, 2026 (5 closed sales, Florida Gulf Coast MLS).
How long do homes in Forest Ridge Shores take to sell?
Homes that closed in the 12 months ending September 20, 2026 took a median 44 days on market (5 sales, Florida Gulf Coast MLS).
Who is the best real estate agent for Forest Ridge Shores?
The best agent for Forest Ridge Shores 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 Forest Ridge Shores.
How do I find a top Estero real estate agent who knows Forest Ridge Shores?
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 Forest Ridge Shores and the wider Estero area.
Can Momentum Realty connect me with an agent for Forest Ridge Shores?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Forest Ridge Shores purchase or sale - no call center and no pressure.
Where is Forest Ridge Shores, and what county is it in?
Forest Ridge Shores is in Estero, Lee County, FL, ZIP 33928.
Buyers prioritizing larger living space over amenity packagesExcellent fit
Buyers comfortable budgeting for condition-driven renovation work in an older homeExcellent fit
Buyers seeking a steadier, lower-turnover market with a strong owner-occupancy baseExcellent fit
Buyers who want a homeowners association with organized amenities as a core requirementProbably not
Buyers seeking new or near-new constructionProbably not
Buyers who need a fast, high-volume market with rapid turnoverProbably not

Data sources & freshness

Live listingsFlorida Gulf Coast MLS, refreshed twice daily (last: September 17, 2026)
Community market statsFlorida Gulf Coast MLS closed sales, 12-month windows ending September 20, 2026
Under-contract sharesFlorida Gulf Coast MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2014 (27 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.

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. 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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Thinking of selling in Forest Ridge Shores? 5 recorded closings; median 44 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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