Spanish Wells in Bonita Springs

Spanish Wells
Homes for Sale in Bonita Springs, FL

All 507 homes for sale in Bonita Springs, FL · median $440,000 · 471 homes for sale in 34135 · Lee County homes for sale

Community in Bonita Springs · Lee County · ZIP 34135
276 homesBuilt 1979–2022Median sale $785K
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Photo via Florida Gulf Coast MLS

Built fromLive Florida Gulf Coast MLS dataFL DOR public recordsUpdated twice daily

As of November 2026, Spanish Wells in Bonita Springs, FL has 12 homes for sale and 3 pending, asking from $600,000 to $965,000 (median $814,500). Over the 12 months ending 2026-11-11, 7 recorded sales closed at a median of $785,000, $293 per square foot, a median 117 days on market, sellers accepting 83% of original asking. Homes listed or recently sold were built 1980–2004; 9 of 15 report an HOA (median $261/mo); none of the 15 geocoded homes sit in a FEMA special flood hazard zone (median elevation 13 ft). At the median price and Lee County's FY2025-26 rate of 15.97 mills, annual property tax runs about $12,540 ($11,870 with the full homestead exemption).

Villages & sections of Spanish Wells

Spanish Wells in Bonita Springs, FL is a master-planned community recorded as 4 named villages and sections in the MLS; 19 homes are for sale or pending across them today. Each village has its own page with its listings, sales history and HOA/CDD facts.

Last 30 days in Spanish Wells: 4 new listings (median asking $899,450), 3 under contract right now. As of November 11, 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 · Spanish Wells 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
$785K
Median sold · 12 mo
$293/sf
Sold $/sqft · 12 mo
peak $293 in 2026
83.5%
Sale vs ask
Tempo
20.6mo
Supply
3 to 6 months is the balanced band
117days
Median DOM · closed
117 days at the 2026 low
20%
Under contract
Lee: 15% (1,899 of 12,521)
12 · 3
For sale · pending
live counts, refreshed twice daily
7
Sold · last 12 mo
10-yr average: about 7 a year
Ownership and context
62%
Owner-occupied · Spanish Wells
173 of 281 parcels homesteaded (FL DOR 2025)
38%
Non-owner-occupied · Spanish Wells
incl. 8% trust or LLC-held · 27% out-of-state
276
Homes in the community
plus 5 vacant residential lots · 281 residential parcels (FL DOR 2025)
Track record · 0 years of records
24
Recorded sales · 2024-2025
median $863K · qualified sales on the county roll (FL DOR 2025)
1979–2022
Years homes were built
median 1998 · county roll (FL DOR 2025)
2,678sqft
Median sold home size
12-mo windows, closed sales
2.5%/yr
Turnover rate
about 7 of 276 homes trade a year

Homes For Sale Right Now in Spanish Wells

Live MLS inventory for Spanish Wells. 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 Spanish Wells listings as of 2026-11-11, 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, Co-Founder of Momentum Realty
Jon's Read · written July 29, 2026

Spanish Wells prices off square footage more than anything else. With a median living area around 4,099 square feet and a median price of $785,000, the per-square-foot number of $317.62 sits well below what smaller, newer product commands elsewhere in Bonita Springs — this is a community where buyers are paying for volume of space first, finish and vintage second.

A market heat score of 28 and a median 71 days on market tell the same story: this is not a competitive, multiple-offer environment. Sellers who price realistically for condition and layout still see appreciation — the year-over-year read is up 5.0% — but they should expect a measured sale process, not a fast one. Buyers get room to negotiate and time to do real diligence before committing.

Figures in this note are as of July 29, 2026. The live market numbers elsewhere on this page update nightly and are newer.

Spanish Wells Housing Pulse · Momentum Research · as of November 11, 2026

Spanish Wells right now

🟢 Buyer-leaning market. 20.6 months of supply and 20% of the inventory already under contract give buyers above-average negotiating leverage.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Florida Gulf Coast MLS records, as of November 11, 2026. Confidence: High (15 active and pending listings, 7 closed sales in 12 months).

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

· Updated November 12, 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

Spanish Wells market snapshot (as of November 11, 2026): the median sale price is about $785K ($293 per sq ft over the trailing 12 months of closed sales), a median 117 days on market for closed sales, and 20.6 months of supply, a buyer-leaning market.

In ZIP 34135 (Bonita Springs), 263 homes closed in the last 12 months at a median of $430K ($280/sq ft), with a median 65 days on market. Right now 301 active and 69 pending listings put supply at about 13.7 months — a soft market. See the live ZIP 34135 housing market and the Lee County market.

County records show 24 qualified sales in Spanish Wells across 2024–2025 (17 in 2024, 7 in 2025), median $863,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.

Flood zones in Spanish Wells: of 15 listing addresses checked against the FEMA National Flood Hazard Layer, 100% sit outside the FEMA Special Flood Hazard Area (Zone X). Individual parcels vary - verify any specific address at msc.fema.gov. See flood zones by neighborhood in Bonita Springs.

Spanish Wells is a community of 276 homes in Bonita Springs, Lee County, built between 1979 and 2022 (median 1997.5), with a median living area of about 4,413 square feet. 62% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Spanish Wells is an established Bonita Springs community of roughly 910 homes built mostly between 1979 and 2022, with a median build year of 1998 and some of the larger average floor plans in the area.

Best for

  • Buyers prioritizing large living space at a moderate per-square-foot cost over a brand-new build
  • Move-up buyers comfortable evaluating homes across a wide range of build years, from 1979 to 2022
  • Sellers who can accommodate a longer marketing timeline in exchange for steady year-over-year price gains

Probably not for

  • Buyers who need a documented amenity package locked in before making an offer
  • Anyone requiring a fast, competitive-market sale timeline rather than a median 71-day process
  • Investors expecting high transaction velocity, given the limited 29-closing recent window against 910 total homes

Listing locations from Florida Gulf Coast MLS. Map data © OpenStreetMap contributors.

If we were buying in Spanish Wells 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

Use your leverage. With inventory sitting, there is room to negotiate on anything dated or overpriced and to ask for repairs or a rate buydown.

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 Spanish Wells.

Best Buy
Buyers who want a large floor plan and are comfortable with a home built any time between 1979 and 2022.
Biggest Risk
A slower sale cycle — a median 71 days on market and a soft market heat score of 28 mean patience is part of the deal.
Sweet Spot
Move-up buyers prioritizing square footage over turnkey condition or a fast close.
Avoid If
You need a quick sale or a defined amenity package confirmed before you shop.

Space over speed

The defining number in this community is size: a median 4,099 square feet of living area is large relative to the median price, which is why the per-square-foot figure lands where it does. Homes here vary in age across more than four decades of construction, so condition and updating — not just square footage — will swing value inside any given listing.

Just over half of homes, 55.4%, carry a homestead exemption, meaning a meaningful share of the community is held as non-primary or investment property. Closings have been modest — 29 in the most recent window against 910 total homes — which points to lower turnover and a market that moves in longer cycles rather than fast churn. Current MLS data does not surface a defined amenity package for the community, so any clubhouse, golf, or recreational features should be confirmed listing-by-listing rather than assumed.

“

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

Jon Brooks · Founder, Momentum Realty
2.1D · Buy Score
Liquidity & Demand0.0/10
Owner Commitment6.2/10
Pricing Power0.0/10

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 (2.1). Basis: Liquidity & Demand 20.6 months of supply; Owner Commitment 62% owner-occupied; Pricing Power 83.5% sale-to-list. Refreshed with each data update.

Why work with Momentum here

In a community where price per square foot varies with condition and vintage more than location, we help buyers sort real value from staged listings, and we help sellers position a longer marketing runway — a median 71 days on market — without leaving equity on the table.

Spanish Wells in 15 seconds.

Best forBuyers who want a large floor plan and are comfortable with a home built any time between 1979 and 2022.
Biggest advantageA lower price-per-square-foot than newer, smaller-footprint construction nearby.
Biggest riskA slower sale cycle — a median 71 days on market and a soft market heat score of 28 mean patience is part of the deal.
Sweet spotMove-up buyers prioritizing square footage over turnkey condition or a fast close.
Avoid ifYou need a quick sale or a defined amenity package confirmed before you shop.
The takeaway

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

What is your Spanish Wells home worth?

Get a no-obligation home value based on real comparable sales in Spanish Wells, 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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Real comps, not an automated estimate.

Recently off market in Spanish Wells

Homes in Spanish Wells 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. 6 on record.

Spanish Wells key facts
LocationBonita Springs, Lee County, FL · ZIP 34135
Homes in the community276 (FL DOR 2025 assessment roll)
Years built1979–2022 (median 1997.5)
Typical living area4,413 sq ft (median)
Home types (current listings and sales)singlefamilyresidence 100%
Sale prices, last 12 months$785,000 median across 7 closed sales · $293 per sq ft
Days on market (closed sales)117 median
For sale right now12 active, 3 pending · median asking $814,500 · 20.6 months of supply
Owner-occupied (homestead) share62%

Data as of November 11, 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, “Spanish Wells key facts,” movewithmomentum.com/neighborhoods/spanish-wells--lee, data as of November 11, 2026.

Just listed in Spanish Wells

The newest homes for sale in Spanish Wells right now, newest first. Each link opens the full listing with every photo, the price history and a tour request.

Checked against the MLS nightly. All new listings in this market.

Every Home for Sale in Spanish Wells Lee Right Now (15)

All 15 active and pending Spanish Wells Lee listings with a detail page, newest first, refreshed twice a day from the MLS.

Streets in this community

Street-level pages: every home on record, what sold and what is for sale on each street.

How much local inventory is already under contract

20% of homes for sale in Spanish Wells 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 (2026-11-12).

What it really costs to own in Spanish Wells

The parts of the monthly number a mortgage calculator leaves out, from the tax roll, the MLS, Citizens and FEMA. Property facts only.

Property taxCurrent owners' bills run a median of $6,709/yr across 30 listings here (MLS tax records, 2026-11-12).
HOA duesMedian $3,135/year (about $261/month) across 10 MLS listings (most billed annually; 2026-11-12). Dues cover what the documents say they cover; ask for the budget and reserve study.
Home and flood insuranceThe 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. Flood: of 15 listing addresses checked against the FEMA flood map, 100% sit outside the high-risk zone. Statewide, a Zone X flood policy runs about $500-$700/yr and a high-risk zone $1,200-$2,500/yr (FEMA Risk Rating 2.0 averages, not quotes).
Roof and ageMedian build year 1997 across 30 listings. An original roof here would be about 29 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.

Estimated carrying cost at the median asking price, before the mortgage: about $1,003/month (tax $559, HOA $261, insurance $183). An estimate from the sources above, not a quote.

Email me new listings in Spanish Wells

One e-mail a day, only when a home lists here, with price, beds, baths and a link to every listing. Straight from the MLS feed; no account needed.

Equal Housing Opportunity. Every community is open to everyone; alerts are about homes, never about who lives here.

Ask an agent about Spanish Wells

Have a question about the homes, fees, rules or commute here? A Momentum agent who works Spanish Wells will answer, and the answer is published on this page for the next buyer.

Property facts only: homes, fees, rules, commute. Every community is open to everyone; agents do not answer questions about who lives here.

Recent Developments in Spanish Wells Lee

Development, infrastructure, retail, and school activity affecting Spanish Wells Lee, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated November 2026.

  1. October 2026
    Builder Activity

    Kolter Urban's 24-story Island at West Bay Club tops out in Estero

    The 86-residence tower reached its highest point at an Oct. 30 ceremony, roughly the construction midpoint, with completion expected in mid-2027. Residences start at $2.7 million, and the building has a rooftop pool plus access to the community's golf, tennis and beach club. Estero's mayor said it may be the village's last high-rise because suitable land is scarce.

    What it may mean for the marketAdds 86 high-end condominium homes to Estero's inventory in 2027 while signaling limited future high-rise capacity in the village. The project is about 3 miles northwest of Spanish Wells Lee, elsewhere in Lee County.

    Source: Gulfshore Business
  2. October 2026
    Parks & Amenities

    Sale of 11.4-mile rail corridor for Bonita Estero Rail Trail nears closing

    Estero, Bonita Springs and Collier County are set to buy the Seminole Gulf Railway corridor for $60 million, with closing expected by Jan. 14, 2027. Soil testing found elevated arsenic and hydrocarbons that consultants say can be managed with engineering controls. The corridor is planned as the multiuse Bonita Estero Rail Trail.

    What it may mean for the marketA continuous trail through Estero and Bonita Springs would add a walking and biking route connecting residential areas to shopping and regional trails. The site is about 4 miles north of Spanish Wells Lee.

    Source: Gulfshore Business
  3. October 2026
    Retail & Dining

    Whataburger opens in Estero with 158 seats

    Whataburger opened its second Southwest Florida restaurant at 22927 Lyden Drive in Estero, across U.S. 41 from Coconut Point. The restaurant seats 158 and employs about 80 people. It is open daily from 6 a.m. to 11 p.m.

    What it may mean for the marketAdds a late-hours dining option and roughly 80 jobs near the Coconut Point retail area. The project is about 4 miles north of Spanish Wells Lee, elsewhere in Lee County.

    Source: Gulfshore Business
  4. September 2026
    Development

    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 less than a mile north of Spanish Wells Lee.

    Source: Gulfshore Business
  5. August 2026
    Development

    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 northeast of Spanish Wells Lee.

    Source: Gulfshore Business
  6. June 2026
    Retail & 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 5 miles north of Spanish Wells Lee, elsewhere in Lee County.

    Source: Gulfshore Business

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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.

Frequently Asked Questions

What is the median home price in Spanish Wells?
The median sale price in Spanish Wells was $785K over the 12 months ending November 11, 2026 (7 closed sales, Florida Gulf Coast MLS).
How long do homes in Spanish Wells take to sell?
Homes that closed in the 12 months ending November 11, 2026 took a median 117 days on market (7 sales, Florida Gulf Coast MLS).
Is Spanish Wells a buyer's or seller's market right now?
As of November 11, 2026, Spanish Wells leans toward buyers: 20.6 months of supply at the current sales pace (Florida Gulf Coast MLS live counts).
How many homes are in Spanish Wells?
The Florida DOR 2025 assessment roll shows 276 homes plus 5 vacant residential lots in Spanish Wells (public records).
What share of Spanish Wells is owner-occupied?
62% of Spanish Wells parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Spanish Wells built?
Homes in Spanish Wells were built between 1979 and 2022, with a median year built of 1997.5 (FL DOR 2025 roll).
Who is the best real estate agent for Spanish Wells?
The best agent for Spanish Wells is one who actively works Bonita Springs 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 Spanish Wells.
How do I find a top Bonita Springs real estate agent who knows Spanish Wells?
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 Spanish Wells and the wider Bonita Springs area.
Can Momentum Realty connect me with an agent for Spanish Wells?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Spanish Wells purchase or sale - no call center and no pressure.
Where is Spanish Wells, and what county is it in?
Spanish Wells is in Bonita Springs, Lee County, FL, ZIP 34135. The community's center is about 4 miles southwest of the center of Bonita Springs (straight-line).
Is Spanish Wells in a flood zone?
No, for the homes we can see: all 15 homes we sampled in Spanish Wells sit outside a FEMA Special Flood Hazard Area (Zone X), where a lender does not require flood insurance. Flood zones are drawn parcel by parcel, so check the exact address on FEMA's flood map before you close; the flood section on this page shows the community's mix.
Is Spanish Wells 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 Spanish Wells: the median sale price over the last 12 months was $785K (7 sales), 63% above the Bonita Springs median of $481K; homes took a median 117 days to go under contract; the assessment roll counts 276 homes, 62% of them homesteaded (owner-occupied); supply is 20.6 months at the current sales pace, which favors buyers. The full numbers, price history and the flood and school sections are above.
Buyers prioritizing large living space at a moderate per-square-foot cost over a brand-new buildExcellent fit
Move-up buyers comfortable evaluating homes across a wide range of build years, from 1979 to 2022Excellent fit
Sellers who can accommodate a longer marketing timeline in exchange for steady year-over-year price gainsExcellent fit
Buyers who need a documented amenity package locked in before making an offerProbably not
Anyone requiring a fast, competitive-market sale timeline rather than a median 71-day processProbably not
Investors expecting high transaction velocity, given the limited 29-closing recent window against 910 total homesProbably not

Data sources & freshness

Live listingsFlorida Gulf Coast MLS, refreshed twice daily (last: November 11, 2026)
Community market statsFlorida Gulf Coast MLS closed sales, 12-month windows ending November 11, 2026
Housing stock & ownershipFlorida DOR assessment roll (street-list match (4 streets, ZIP 34135))
Under-contract sharesFlorida Gulf Coast MLS records, as of 2026-11-11
Historical depthClosed-sale records back to 2026 (7 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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Nearby Communities

Explore more neighborhoods near Spanish Wells with Momentum Realty’s local guides.

Lake Club Villas0.3 mi away · 1 for salePuesta Del Sol0.4 mi awayLake Club (Lee)0.4 mi away · 1 for saleLas Brisas At Spanish Wells0.4 mi away · median $313K, 4 sales/12 moSpanish Wells Golf Condo0.4 mi away · 1 for saleCordova At Spanish Wells0.6 mi away · 2 for saleWildcat Cove0.6 mi away · 2 for saleEagle Cove (Collier)0.6 mi away · 2 for sale

Browse all neighborhood guides →

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