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Island Estates

Island Estates

Suburban Neighborhood in Clearwater, Florida

Pinellas County 33767

$1,006,388 Average Value
$465 Average Price per Sq Ft
78 Homes For Sale

Nautical living in Clearwater

Residents of Island Estates wake up every morning surrounded by the clear blue waters of Clearwater Bay. This nautical neighborhood is a half-mile from the beach and a short drive to downtown Clearwater—making it easy to get to major attractions. Private island living is on offer in this prestigious, close-knit community known by locals as merely "The Island." Island Estates has a highly active social committee that organizes monthly gatherings, ladies' luncheons, annual barbeques, block parties and festive holiday celebrations. Residents are positioned right in the Intracoastal Waterway, with gated bridge access across the Canal that ensures security and privacy. Those who live here enjoy residing in a community where they can dock their boats in their backyards and still walk or bike to the ocean, which they can access via a Hammock Dunes private, gated walkover.

Island Estates almost every house is a waterfront home.
Island Estates almost every house is a waterfront home.
You will want a baot when you live in Island Estates with water right out the back door.
You will want a baot when you live in Island Estates with water right out the back door.
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Travel by car, bike or boat

Those who live on The Island have access to Clearwater mainland via the Clearwater Memorial Causeway. This could be by car, though the causeway also features a bike trail, making it easy to get around on two wheels. Various PSTA bus stops line Mandalay Avenue at Clearwater Beach to the east of Island Estates and are easily accessible via bike.

Bike ride along the waters when you live in Island Estates. Neighborhood.
Bike ride along the waters when you live in Island Estates. Neighborhood.
Trolly's run all around Island Estates for you to hop on and take you to the beaches.
Trolly's run all around Island Estates for you to hop on and take you to the beaches.
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Wake up surrounded by the sea

Homes in Island Estates were primarily built in the 1960s and 1970s and include everything from ranch-style homes with stucco walls to soaring condominium towers with resort-style amenities. "Naturally, many of the homes and condos are on the waterfront," says Merry Donovan, a local realtor with Charles Rutenberg Realty. "Many residents have boats." Modern estates and Mediterranean-inspired villas sitting on the water can also be found in the area, with prices ranging from $200,000 for a small condo unit to $11.5 million for a sprawling estate with a private dock. Despite its aquatic surroundings, the neighborhood is considered more of a residential area than a vacation spot, so many residents live there full-time.

Island Estates is a small community surrounded by water.
Island Estates is a small community surrounded by water.
Island Estates has several condominium buildings too.
Island Estates has several condominium buildings too.
Island Estates is a small community surrounded by water.
Island Estates is a small community surrounded by water.
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Mainland schools for island kids

Island Estates students naturally travel to the mainland for their schooling. Children attend Belleair Elementary School, which has an overall Niche grade of B. The school offers a variety of clubs, along with a STEM program and multicultural program. Next, they attend Clearwater Intermediate School, which has an overall Niche grade of C, serves grades four through nine, and requires an application to attend. Teenagers attend Clearwater High School, which has an overall Niche grade of B and is ranked the 18th-best public high school in Pinellas County.

Clearwater High School was originally built in 1924, the newer school was built in 1954.
Clearwater High School was originally built in 1924, the newer school was built in 1954.
Clearwater Intermediate School teaches grades 5-9 but you will need an application to attend.
Clearwater Intermediate School teaches grades 5-9 but you will need an application to attend.
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Soak up the sun at island parks

Locals can soak up the Floridian sun and surf at the nearby Caladesi Island State Park, easily accessible by boat or via a quick drive over the causeway. Visitors can kayak through the mangrove forest and snap photos of local birds. The three-mile-long nature trail serves as a scenic hike, and the pavilions provide an ideal picnic spot. Those who didn't pack lunch can grab a bite at Cafe Caladesi. Meanwhile, it's just a quick bike ride or drive on the Memorial Causeway to get east to mainland Clearwater or west to Clearwater Beach. Sunset Sam Park is a great place for little ones to blow off steam, with a covered playground and beautiful sunset views.

Island Estates is a local spot for kids.
Island Estates is a local spot for kids.
Island Estates has several parks near the neighborhood for the kids.
Island Estates has several parks near the neighborhood for the kids.
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Discover marine life

Those fascinated by marine life have quick access to the Clearwater Marine Aquarium, which focuses on the rehabilitation, research and conservation of marine animals. The museum opened in 1972 and has a few permanent residents, one of the most famous being a bottlenose dolphin who lost its tail and was fitted for a prosthetic—the inspiration for the film "Dolphin Tale."

In Island Estates the Clearwater Marine Aquarium is a favorite tourist attraction.
In Island Estates the Clearwater Marine Aquarium is a favorite tourist attraction.
One highlight at Clearwater Marine Aquarium in Island Estates is the window to the dolphin tank.
One highlight at Clearwater Marine Aquarium in Island Estates is the window to the dolphin tank.
In Island Estates the Clearwater Marine Aquarium is a favorite tourist attraction.
In Island Estates the Clearwater Marine Aquarium is a favorite tourist attraction.
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Fresh seafood is on the menu

When hunger strikes, locals flock to Island Way Grill, which puts an Asian spin on steak, sushi and freshly caught seafood. Their kitchen is stocked with grouper, snapper and more, thanks to the daily efforts of local fishermen. Diners also enjoy a front-row seat to the area's spectacular sunsets. Windward Bar & Grill is another option, with pizza, burgers and a popular Sunday brunch. The tavern-style eatery is known for being a local hangout. Meanwhile, locals don't need to trek to the mainland for their weekly groceries—there's a Publix right on the island.

In Island Estates the Island Way Grill is a long established waterside fine dining restaurant.
In Island Estates the Island Way Grill is a long established waterside fine dining restaurant.
Island Estates
Island Estates
Island Estates
Island Estates
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Rebecca Frankel
Written By
Rebecca Frankel
Zoe Sarris
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Zoe Sarris

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Margot Toomey, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

St Pete-Clearwater International

34 min drive

Bus

Island Estates Plaza

Bus

Island Way & #700

Bus

Island Way & Memorial Causeway

Bus

Island Way & Windward Psge

Bus

Memorial Causeway Blvd & Island Way

Crime and Safety

1 - Low Crime, 10 - High Crime Island Estates US
Homicide 1 4
Sexual Assault 1 4
Assault with Weapon 1 4
Robbery 1 4
Burglary 3 4
Motor Vehicle Theft 1 4
Larceny 2 4
Crime Score 2 4

Source: WhatIsMyCrimeRisk.com

Demographics and Home Trends

Home Trends

Median Price (12 Mo)
$852,500
Median Single Family Price
$1,459,800
Median Townhouse Price
$539,500
Median 2 Bedroom Price
$485,000
Median 1 Bedroom Price
$295,000
Average Price Per Sq Ft
$465
Number of Homes for Sale
78
Last 12 months Home Sales
116
Months of Supply
8.10
Median List Price
$742,450
Median Discount From 1st List Price
9%
Median Home Sale Price YoY Change
7%

Home Facts

Number of Homes in Neighborhood
1,499
Median Year Built
1974
Avg. Single Family Home Size Sq Ft
3,122
Significantly above the national average
1,935
Average Townhouse Size Sq Ft
2,175
Average 2 Bedroom Size Sq Ft
1,270
Average 1 Bedroom Size Sq Ft
782
Average Studio Size Sq Ft
435
Median Lot Size Sq Ft
11,761

Open Houses

  • Sunday, Apr 27
    12 - 3pm

    223 Island Way Unit 5D, Clearwater, FL 33767

    $700,000

    • 2 Beds
    • 2 Baths
    • 1,370 Sq Ft
    • 223 Island Way
    • Unit 5D
    • New 1 day ago

    Island Estates Condo with Boat Slip For Sale or Rent!Live the dream in this beautiful 2-bedroom, 2-bath condo nestled in the exclusive Island Estates community. Perched on the 5th floor and overlooking the intracoastal waters, this residence offers refined coastal living with spacious interiors and two private balconies that capture the natural light and refreshing island breezes.The open-concept

    Kerryn Ellson COASTAL PROPERTIES GROUP INTERNATIONAL

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  • Sunday, Apr 27
    10am - 11:30pm

    320 Island Way Unit 606, Clearwater Beach, FL 33767

    $539,000

    • 3 Beds
    • 3 Baths
    • 1,700 Sq Ft
    • 320 Island Way
    • Unit 606
    • New 9 days ago

    CALLING ALL INVESTORS, RENTAL INCOME POTENTIAL OPPORTUNITY!!!!!! Enjoy Island living at its best with this renovated 1700 square foot 3-bedroom, 3-full bath, huge loft space and 2 car garage. Located in the exclusive Cutter Cove Community on Island Estates. This complex offers resort style amenities including heated pool and spa, Tiki huts, Barbecue area, cabanas and a community waterfront

    Merry Donovan CHARLES RUTENBERG REALTY INC

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  • Sunday, Apr 27
    12 - 2pm

    670 Island Way Unit 802, Clearwater Beach, FL 33767

    $735,000

    • 2 Beds
    • 2 Baths
    • 1,653 Sq Ft
    • 670 Island Way
    • Unit 802
    • New 9 days ago

    The View!!! Stunning Southeast Private Corner Unit Condo! 8th Floor Water Views to the Gulf and Intracoastal and Water Views to the East, of Island Estates Canals, to Downtown Clearwater and Dunedin too! Nothing to do here! Exceptionally Updated, Redesigned from the Kitchen to the Primary Suite! Rare find, Light and Bright with Beautiful Tile Floors throughout and 2 Balconies of Unobstructed

    Vickee Walthall COASTAL PROPERTIES GROUP INTERNATIONAL

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Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Condo Buildings

Interested in learning more about homes in this area? Reach out to Margot Toomey, an experienced agent in this neighborhood.

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Demographics

Total Population
3,612
Median Age
64
Population Density
11 ppl/acre
Population under 18
7.7%
Below the national average
23.8%
Population over 65
48.2%
Significantly above the national average
19.1%

Finances

Median Household Income
$95,864
Significantly above the national average
$71,702
Average Household Income
$126,596

Education and Workforce

High School Graduates
98.4%
College Graduates
51.3%
Above the national average
34.1%
Advanced Degrees
15.1%
% Population in Labor Force
39.8%
Significantly below the national average
65.1%

Weather

Annual Precipitation
55''
Average Winter Low Temperature
52°F
Average Summer High Temperature
91°F
Annual Snowfall
0''

Area Factors

Somewhat Bikeable

Bike Score®

33 / 100

Car-Dependent

Walk Score®

30 / 100

Some Transit

Transit Score®

37 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Island Estates