Residential Property - Single Family Residence in Sanibel
Listing Price: $1,149,000 (Mortgage Calculator →)
Description of Property
***MULTI-GENERATIONAL OPPORTUNITY. A 1.8 ACRE COASTAL COMPOUND WITH BEACH ACCESS AND ENDLESS POTENTIAL*** Tucked away along the quiet stretch of West Gulf Drive, this 1.8-acre property presents a rare opportunity to create a truly exceptional coastal estate in one of Sanibel Island’s most desirable and private settings. Set beside protected conservation land and just moments from deeded beach access, the value here lies in what cannot be replicated: expansive acreage, privacy, elevation, and location. Originally built in 2005 by a general contractor for his family, with a high-elevation design, hurricane impact windows and doors, and a long-lasting metal roof, the property is structurally positioned for its next chapter. The existing layout features two separate living spaces connected by a breezeway, offering a flexible foundation for a custom multi-generational retreat, guest compound, or reimagined luxury residence. THIS IS FOR THOSE WITH VISION. The interiors require renovation, presenting the opportunity to design and curate every finish to your exact taste while capitalizing on the scale, layout, and irreplaceable setting. Outdoor living is where this property truly shines. Expansive porches and second-floor balconies overlook the serene West Sanibel River Preserve, delivering uninterrupted views of mangroves, wildlife, and protected natural beauty. Just a short walk or golf cart ride leads to the beach, where daily shelling, sunsets, and Gulf breezes become part of your lifestyle. Opportunities like this are increasingly rare on Sanibel, offering nearly two acres of land, dual living structures, privacy, and proximity to the beach. Whether you envision restoring, redesigning, or creating a completely reimagined coastal compound, this property offers the foundation to build something truly special. For those seeking potential, location, and the ability to create something exceptional for years to come... this is where it begins!
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Sanibel
County: Lee
Subdivision: Sea Gate
Bedrooms: 5
Bathrooms: 5
Sq. Ft. Gross: 9,783
Sq. Ft. Living Area: 6,256
Cost per (heated) sqare foot: $184
Year built: 2005
Annual Tax: $35,135
HOA Fee: $750 Annually
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Appliances: Exhaust Fan
Flooring: Marble
Schools
Elementary School: Gulf Elementary
Middle/Junior High School: Cypress Lake Middle School
High School: Ida S. Baker High School
Pool & Waterfront Info
Private Pool: Not specified
Water Frontage: Gulf/Ocean Front
Exterior & Construction
Architectural Style: Florida
Construction: Other
Foundation: Stilt/On Piling
Roof: Metal
Exterior Features: Storage
Floors Total: 2
Floors in Unit: Two
Cooling: Central Air
Heating & Fuel: Central
Patio & Porch Features: Wrap Around
View: Trees/Woods
Sewer: Other
Water Source: See Remarks
Community Features: Gulf/Ocean Front
Lot Information
Lot Features: Private
Lot Size (acres): 1.83
Lot Size (sq. ft.): 79,851 square feet
Road Frontage: Street Unpaved
Front Exposure: Southeast
Legal Description & Other Information
Financing Available: VA Loan
Parcel Number: 294622T200400.0160
Zoning: SFR
Pets Allowed/Pet Policies: Yes
Tax Legal Desc.: SEA GATE PB 30 PG 139 LOT 16 + PT LOT 17 DESC IN OR 1739 PG 1716
Section: 29
Range: 22E
Listing courtesy of COLDWELL BANKER REALTY. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.