5438 Shearwater DR Sanibel, FL 33957

Open House
Sun Apr 26, 11:00am - 2:00pm
Thu Apr 23, 11:00am - 2:00pm
UPDATED:
Key Details
Property Type Townhouse
Sub Type Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 2,460 sqft
Price per Sqft $660
Subdivision Herons Landings I
MLS Listing ID 225060952
Bedrooms 3
Full Baths 3
Half Baths 1
HOA Y/N Yes
Annual Recurring Fee 15428.0
Min Days of Lease 28
Leases Per Year 12
Year Built 1990
Annual Tax Amount $10,583
Tax Year 2024
Lot Size 3,092 Sqft
Acres 0.071
Property Sub-Type Townhouse
Source Florida Gulf Coast
Property Description
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.
Location
State FL
County Lee
Area Si01 - Sanibel Island
Rooms
Primary Bedroom Level Master BR Upstairs
Master Bedroom Master BR Upstairs
Dining Room Dining - Family
Interior
Interior Features Elevator, Den - Study, Guest Bath, Guest Room, Built-In Cabinets, Wired for Data, Cathedral Ceiling(s), Closet Cabinets, Wet Bar, Pantry, Tray Ceiling(s), Vaulted Ceiling(s), Volume Ceiling
Heating Central Electric
Cooling Ceiling Fan(s), Central Electric
Flooring Carpet, Tile
Window Features Casement,Impact Resistant,Impact Resistant Windows,Shutters Electric,Shutters - Manual
Appliance Electric Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator/Icemaker, Self Cleaning Oven, Wall Oven, Washer, Wine Cooler
Laundry Inside, Sink
Exterior
Garage Spaces 2.0
Community Features Beach Access, Pool, Community Spa/Hot tub, Fishing, Internet Access, Pickleball, Tennis Court(s), Gated
Utilities Available Cable Available
Waterfront Description Lagoon,Mangrove
View Y/N No
View Gulf, Mangroves
Roof Type Built-Up or Flat,Shingle
Street Surface Gravel,Unimproved
Porch Deck, Patio
Garage Yes
Private Pool No
Building
Lot Description Cul-De-Sac
Story 2
Sewer Central
Water Central
Level or Stories Two, 2 Story
Structure Type Concrete Block,Stucco,Vinyl Siding
New Construction No
Schools
Elementary Schools School Of Choice
Middle Schools School Of Choice
High Schools School Of Choice
Others
HOA Fee Include Insurance,Irrigation Water,Maintenance Grounds,Legal/Accounting,Manager,Pest Control Exterior,Reserve,Sewer,Street Maintenance,Trash,Water
Tax ID 13-46-21-T2-00400.E0F0
Ownership Condo
Security Features Security System,Smoke Detector(s),Smoke Detectors
Acceptable Financing Buyer Finance/Cash, FHA, VA Loan
Listing Terms Buyer Finance/Cash, FHA, VA Loan
Pets Allowed No Approval Needed
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