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***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!
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:
$1,149,000
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 | $919,200 | $919,200 | $919,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.300% | 6.235% | 6.164% |
| Monthly Tax Payment | $2,928 | $2,928 | $2,928 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,437 | $5,585 | $7,757 |
| Total Monthly Payment | $8,490 | $8,638 | $10,810 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.