5438 Shearwater Drive, Sanibel, FL 33957
Local realty services provided by:CENTURY 21 Selling Paradise
Listed by: becky mulka
Office: royal shell real estate, inc.
MLS#:225060952
Source:FL_GFMB
Price summary
- Price:$1,499,000
- Price per sq. ft.:$361.73
- Monthly HOA dues:$1,285.67
About this home
Elevated Coastal Living at Shearwater | Sanibel Island
Experience a rare offering on Sanibel Island — an expansive luxury residence that delivers the privacy and square footage of a single-family home with the ease and refinement of upscale condominium living.
Located within close proximity to the prestigious golf and beach community of The Sanctuary, this exceptional Shearwater residence offers generous living spaces, high ceilings, and thoughtfully designed interiors ideal for those who desire room to entertain without the full-time demands of estate ownership. With few properties on Sanibel offering this combination of size, amenities, and low-maintenance convenience, Shearwater represents a truly unique market opportunity.
Designed for the discerning buyer — whether transitioning from a larger Captiva estate, seeking proximity to championship golf, or simply wanting refined coastal living near the beach — this residence checks nearly every box.
Golf enthusiasts will appreciate close access to The Sanctuary Golf Club’s private championship course, while beach lovers are moments from Sanibel’s world-renowned shoreline, shelling beaches, and Gulf sunsets. Spacious indoor-outdoor living areas allow for effortless entertaining, seasonal hosting, and relaxed island living.
Within the gated Shearwater community, residents enjoy an elevated coastal lifestyle with access to pickleball and tennis courts, a kayak launch area, a fishing pier, and deeded beach access with convenient golf cart parking — thoughtfully designed to embrace the island’s outdoor, water-centric way of life.
Shearwater appeals to:
• Golfers wanting immediate access to premier fairways
• Beachcombers who value privacy and proximity to the Gulf
• Single-family homeowners ready to simplify without downsizing dramatically
• Luxury condo owners looking for significantly more square footage
• Captiva residents seeking a refined Sanibel alternative
This is not just another property — it is a different product entirely. A rare intersection of space, amenities, prestige, and ease.
Shearwater offers an unmatched lifestyle proposition on Sanibel Island....
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Home facts
- Year built:1990
- Subdivision & Development:HERONS LANDINGS I
- Listing ID #:225060952
- Added:850 day(s) ago
- Updated:October 31, 2026 at 08:36 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:4
- Full bathrooms:3
- Half bathrooms:1
- Flooring:Carpet, Tile
- Kitchen Description:Built In Oven, Dishwasher, Disposal, Electric Cooktop, Ice Maker, Microwave, Pantry, Refrigerator, Self Cleaning Oven, Wine Cooler
- Living area:2,460 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans, Electric
- Heating:Central, Electric
- Central air:Yes
Structure and exterior
- Roof:Built Up, Flat, Shingle
- Year built:1990
- Building area:2,460 sq. ft.
- Lot area:0.07 Acres
- Architectural Style:Two Story
- Construction Materials:Block, Concrete, Stucco, Vinyl Siding
- Exterior Features:Deck, Patio, Security High Impact Doors, Shutters Electric, Shutters Manual
- Levels:2 Story
Schools
- High school:SCHOOL OF CHOICE
- Middle school:SCHOOL OF CHOICE
- Elementary school:SCHOOL OF CHOICE
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,499,000
- Price per sq. ft.:$361.73
- Tax amount:$10,584 (2024)
Features and amenities
- Laundry features:Dryer, Inside, Laundry Tub, Washer
- Amenities:Pantry, Pickleball, Pool
- Pool features:Community, Pool
Parking
- Parking description:Assigned, Attached, Garage, Golf Cart Garage, Two Spaces
- Garage:Yes
- Garage spaces:2
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