5438 Shearwater Drive, Sanibel, FL 33957

$1,625,000
3
BD
4
BA
2,460
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,625,000
Listing Price
$1,625,000
Price Change
▼ $140,000 1776789892
Days on Market
389
MLS#
225060952
Bedrooms
3
Bathrooms
4
Living Sq. Ft
2,460
Property Class
Condo
Building Design
Townhouse
Elementary School
SCHOOL OF CHOICE
Middle School
SCHOOL OF CHOICE
High School
SCHOOL OF CHOICE
Status Type
Resale
Status
ACTIVE
County
Lee
Region
SI01 - Sanibel Island
Development
Herons Landing

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.

Additional Information

Year Built
1990
Garage Spaces
2
furnished
Partially
Pets
Yes
Amenities
Beach Rights, Beach Access, Pier, Pickleball, Pool, Spa/Hot Tub, Tennis Court(s), Management
Community Type
Gated
View
Gulf, Mangroves
Waterfront Description
Lagoon, Mangrove
Building Description
Two Story
Lot Size
0.07100000000000001
Construction
Block, Concrete, Stucco, Vinyl Siding
Rear Exposure
SW
Roof
Built-Up, Flat, Shingle
Flooring
Carpet, Tile
Exterior Features
Deck, Security/High Impact Doors, Patio, Shutters Electric, Shutters Manual
Water
Public
Sewer
Public Sewer
Cooling
Central Air, Ceiling Fan(s), Electric
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
HOA Fee
$3,857
Waterfront
Yes
Unit Floor
5438
Furnished Description
Partially

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Courtesy of Portside Property Group

The data relating to real estate for sale on this limited electronic display comes in part from the Southwest Florida MLS Listing Service. Properties listed with brokerage firms other than our company are marked with the BR Program Icon or the BR House Icon and detailed information about them includes the name of the Listing Brokers. The properties displayed may not be all the properties available through the BR Program. The source of this real property information is the copyrighted and proprietary database compilation of the participating Southwest Florida MLS organizations and is Copyright 2026 Southwest Florida MLS organizations. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it. Some properties that appear for sale on this limited electronic display may no longer be available. Data last updated .