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Experience the pinnacle of coastal living with this extraordinary 5, 542-square-foot beachfront residence on Sanibel Island. Positioned on a private . 86-acre lot adjoining protected conservation land and boasting 150 feet of waterfrontage. Designed for elegance and comfort, this four-bedroom estate captures sweeping bay views from nearly every room, the home features gracious living and dining areas with a fireplace and walls of glass that open to breathtaking panoramas. The expansive layout includes an inviting spacious kitchen with wide water views, a luxurious and spacious primary suite, a private office, and a serene sitting room to enjoy bay views, all accentuated by timeless hardwood flooring and impact-rated windows and doors. The top floor houses guest suites and a second primary suite. Gi outside to an inviting heated beachfront pool overlooking the wide bay, an ideal setting for tranquil relaxation or refined entertaining. With unmatched privacy, stunning natural surroundings and potential to create a private world-class single-family retreat, this property offers an exceptional opportunity to own one of Sanibel Island’s desired waterfront addresses. The home received damage to the lower non-living area during Hurricane Ian, the pool and garage have been restored, but storage areas, landscape and irrigation system requires repairs and updates. The home is in the sought-after area of Bird Lane within a few minutes of the Sanibel causeway and bridge for easy access on and off the island and offers incredible potential for updating and personal touches. The home is being offered in as-is condition.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$4,235,000
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 | $3,388,000 | $3,388,000 | $3,388,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.000% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.214% | 6.145% | 5.846% |
| Monthly Tax Payment | $5,768 | $5,768 | $5,768 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $19,503 | $20,313 | $27,908 |
| Total Monthly Payment | $25,396 | $26,206 | $33,801 |
* 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.