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5438 Shearwater Drive

Sanibel, FL 33957
  • $1,765,000
  • STATUS: Active
  • ON SITE: 281 Days
  • MLS #: 225060952
UPDATED: 46 min ago
$1,765,000
  • 3
    BEDS
  • 0.07
    ACRES
  • 3
    BATHS
  • 1
    1/2 BATHS
  • 2,460
    SQFT
  • $717
    $/SQFT
Neighborhood:
Type:
Condo
Built:
1990
County:
Lee

School Information

Elementary School:
Middle School:
High School:

Description

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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© 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from FGCMLS. Data deemed reliable but not guaranteed.IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Be More Team | REALTY ONE GROUP MVP. Data last updated 2026-04-12T21:23:48.503.
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5438 Shearwater Drive Sanibel, FL 33957

  • Price: $1,765,000
  • Status: Active
  • On Site: 281 Days
  • Updated: 46 min ago
  • MLS #: 225060952
3
Beds
3
Baths
1
½ Baths
0.07
Acres
2,460
SQFT
$717
$/SQFT
1990
Built
Neighborhood:
Herons Landings I
County:
Lee
Area:
Si01 - Sanibel Island
Elementary School:
School Of Choice
Middle School:
School Of Choice
High School:
School Of Choice
Property Description
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.
Exterior Features

Architectural Style Two Story Attached Garage YN Yes Carport Spaces 0 Carport YN No Construction Materials Block Concrete Stucco Vinyl Siding Covered Spaces 2 Direction Faces Northeast Door Features French Doors Entry Level 5438 Exterior Features Deck Security / High Impact Doors Patio Shutters Electric Shutters Manual Garage YN Yes Levels Two Parking Features Assigned Attached Garage Golf Cart Garage Two Spaces Patio And Porch Features Deck Patio Pool Features Community Pool Private YN No Road Frontage Type Private Road Road Responsibility Private Maintained Road Road Surface Type Gravel Unimproved Roof Built- Up Flat Shingle Spa YN No Structure Type Townhouse View Gulf Mangroves View YN Yes

Interior Features

Appliances Built- In Oven Dryer Dishwasher Electric Cooktop Disposal Ice Maker Microwave Refrigerator Refrigerator With Ice Maker Self Cleaning Oven Wine Cooler Washer Cooling Central Air Ceiling Fan(s) Electric Cooling YN Yes Flooring Carpet Tile Furnished Partially Heating Central Electric Heating YN Yes Interior Features Wet Bar Built-in Features Bathtub Tray Ceiling(s) Closet Cabinetry Cathedral Ceiling(s) Dual Sinks Family / Dining Room French Door(s) / Atrium Door(s) High Ceilings Living / Dining Room Pantry See Remarks Separate Shower Cable TV Upper Level Primary Vaulted Ceiling(s) Elevator High Speed Internet Laundry Features Inside Laundry Tub Room Type Bathroom Den Guest Quarters Window Features Casement Window(s) Impact Glass

Property Features

Association Amenities Beach Rights Beach Access Pier Pickleball Pool Spa / Hot Tub Tennis Court(s) Management Association Fee 3857 Association Fee Frequency Quarterly Association Fee Includes Association Management Insurance Irrigation Water Legal / Accounting Maintenance Grounds Pest Control Reserve Fund Road Maintenance Sewer Trash Water Association Fee2 0 Association Fee3 0 Association YN Yes Building Area Total 4144 Common Interest Condominium Community Features Gated Development Name HERONS LANDING Disclosures Owner Has Flood Insurance Gulf Access YN False Irrigation Source Other Land Lease Amount 0 Listing Terms All Financing Considered Cash FHA VA Loan Lot Features Cul- De- Sac Dead End Ownership Condo Pets Allowed Yes Possession Close Of Escrow Potential Short Sale YN No Property Condition Resale Property Sub Type Townhouse Property Sub Type Additional Townhouse Restrictions ArchitecturalDeed Restrictions Security Features Burglar Alarm ( Monitored) Security Gate Gated Community Security System Smoke Detector(s) Senior Community YN No Sewer Public Sewer Tax Annual Amount 10583.55 Tax Year 2024 Unit Location 5438 Utilities Cable Available High Speed Internet Available Water Access Description None Water Source Public Waterfront Features Lagoon Mangrove Waterfront YN Yes

Listing courtesy of Portside Property Group.


© 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from FGCMLS. Data deemed reliable but not guaranteed.IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Be More Team | REALTY ONE GROUP MVP. Data last updated 2026-04-12T21:23:48.503.
 
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