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Looking for a private Gulf-access pool and spa home with no mandatory HOA fees? Welcome to 4975 Mederia Lane, where waterfront living meets incredible value—there truly is no comparable property in Naples, Bonita Springs, or Estero at this price point. Tucked away in Estero River Heights, one of Estero’s best-kept secrets, this spacious residence offers nearly 4, 000 square feet of living space, featuring 5 bedrooms, 4. 5 bathrooms, a dedicated office, a hidden oversized safe room, and a large laundry room. The upper level boasts 3 bedrooms plus a den and 2. 5 bathrooms, with updated finishes including granite countertops, LVT floors, crown molding, tray ceilings, and a fireplace. The lower level features a private guest or in-law suite with 2 bedrooms, 1 bathroom, its own kitchen, and direct access to the outdoors—perfect for extended family or visitors. Completely renovated between 2024 and 2025, this home now features a brand-new metal roof, whole-home reverse osmosis water system, new air conditioning, and a fully remodeled upstairs including kitchen, baths, and flooring. Step outside to enjoy newly installed pool equipment, an expanded paver patio, an outdoor kitchen with a fridge, grill, and ice maker, a recessed propane fire pit, and beautifully upgraded landscaping with new irrigation and drainage systems. Both levels offer full-length, screened-in decks with sweeping water views, perfect for enjoying your morning coffee or unwinding at sunset. Boating enthusiasts will love the new 40-foot dock outfitted with a 7, 000 lb and a 32, 000 lb boat lift, supporting vessels up to 45 feet, with the area dredged for easy access even at low tide. The seawall was raised in 2024 with new riprap, offering added protection. This home remained high and dry through recent storms, sitting approximately five feet above street level with no flooding during Hurricane Helen or Milton. Residents of Estero River Heights enjoy access to a private community boat ramp, with additional boat slips available for rent—all for an optional HOA fee of just $225 per year. With an oversized 3-car garage and thoughtful upgrades throughout, this is a rare opportunity to own a move-in-ready Gulf-access home with both privacy and luxury. Be sure to view the Matterport 3D Tour linked with the listing and come see why this exceptional property stands out from anything else on the market.
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$1,395,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,116,000 | $1,116,000 | $1,116,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.440% | 6.110% | 5.952% |
| Monthly Tax Payment | $763 | $763 | $763 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,424 | $6,691 | $9,267 |
| Total Monthly Payment | $7,311 | $7,578 | $10,154 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.