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Sold for $7,900,000
  • $7,900,000

    16486/488 Captiva DR, CAPTIVA, FL 33924

    6beds
    9,026sqft
    Single Family Residence
    Built in 1984
    0.99 Acres Lot
    $7,602,900 Zestimate®
    $875/sqft
    $166,966 Estimated rent

    Home value

    $7,602,900

    $6.69M - $8.59M

    $166,966/mo

    Zestimate® history
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    What's special

    Gas fireplaceSerene gulf breezesCoquina stone verandaLarge workshopScreened lanaisPrivate screened lanaiHeated saltwater pool
    Discover the pinnacle of private Gulf-front living along Captiva Island’s exclusive Gold Coast. This magnificent gated estate is a rare and extraordinary beachfront sanctuary, offering a seamless blend of seclusion, sophistication, and breathtaking natural beauty. Set on a one-of-a-kind parcel with direct access to Captiva’s pristine sugar-sand beaches, this remarkable family compound delivers an unrivaled connection to the turquoise waters of the Gulf of Mexico and awe-inspiring sunsets. The grand main residence boasts six bedrooms and six-and-a-half baths, each crafted with exquisite architectural details and unparalleled craftsmanship. A two-story great room with soaring coffered ceilings, a gas fireplace, and panoramic Gulf views creates a dramatic yet inviting atmosphere. The formal dining room is elegantly appointed, while the gourmet kitchen is a chef’s dream, fully equipped with top-tier appliances and custom finishes. A one-of-a-kind, hand-painted private elevator adds an artistic touch to this coastal masterpiece. Designed for both privacy and indulgence, each bedroom suite features private balconies and screened lanais, providing serene Gulf breezes and unobstructed sunset views. The primary retreat is a sanctuary unto itself, offering his-and-her spa-inspired baths, a soaking tub, dual showers, double vanities, a morning bar, and expansive walk-in closets. Step onto your private screened lanai and take in the breathtaking ocean vistas as the waves roll onto the shore. An expansive coquina stone veranda surrounds the heated saltwater pool and spa, creating the perfect setting for luxurious outdoor living and entertaining. Six conveniently placed laundry rooms add to the home’s seamless functionality. The oversized two-car garage offers massive storage beneath the home for added convenience. A charming guest cottage enhances the estate, featuring two en-suite bedrooms, a full kitchen with breakfast bar, a spacious living area, and a private covered terrace. Additional amenities include two garages at the guest house, a large workshop, and ample storage space for all your island essentials. This exclusive beachfront oasis embodies the epitome of island luxury. Whether you seek a private sanctuary or an entertainer’s dream retreat, this Captiva estate is truly a rare gem that exceeds expectations....your paradise awaits. PROPERTY CAN BE PURCHASED WITH 16475 CAPTIVA DRIVE FOR A RARE GULF TO BAY OPPORTUNITY!

    Zillow last checked:

    Listing updated:

    Listed by:

    Brittany Skotak, PA 239-290-5409,

    Douglas Elliman Florida,LLC

    Bought with:

    Cindy Sitton

    Royal Shell Real Estate, Inc.

    Source: SWFLMLS,MLS#: 225008480MLS LogoOriginating MLS: Naples

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 9
    • Full bathrooms: 8
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Balcony, Den - Study, Great Room, Guest Bath, Guest Room, Office, Open Porch/Lanai, Screened Lanai/Porch, Workshop
    Bedroom
    • Features: First Floor Bedroom, Split Bedrooms
    Dining room
    • Features: Breakfast Bar, Eat-in Kitchen, Formal
    Kitchen
    • Features: Built-In Desk, Island, Walk-In Pantry
    Heating
    • Central, Zoned
    Cooling
    • Ceiling Fan(s), Central Air, Zoned
    Appliances
    • Included: Electric Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Freezer, Microwave, Refrigerator/Freezer, Refrigerator/Icemaker, Self Cleaning Oven, Oven, Washer, Wine Cooler
    • Laundry: Inside, Laundry Tub
    Features
    • Built-In Cabinets, Cathedral Ceiling(s), Closet Cabinets, Coffered Ceiling(s), Fireplace, Foyer, French Doors, Laundry Tub, Pantry, Tray Ceiling(s), Volume Ceiling, Walk-In Closet(s), Balcony, Den - Study, Great Room, Guest Bath, Guest Room, Home Office, Laundry in Residence, Open Porch/Lanai, Screened Lanai/Porch, Workshop
    • Flooring: Tile
    • Doors: French Doors, Impact Resistant Doors
    • Windows: Skylight(s), Impact Resistant Windows, Shutters Electric
    • Has fireplace: Yes
    • Furnished: Yes
    Interior area
    • Total structure area: 23,089
    • Total interior livable area: 9,026 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Driveway, Guest, Attached
    • Attached garage spaces: 4
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck, Patio, Open Porch/Lanai, Screened Lanai/Porch
    • Exterior features: Balcony, Courtyard, Outdoor Shower
    • Has private pool: Yes
    • Pool features: In Ground, Concrete, Equipment Stays, Gas Heat
    • Has spa: Yes
    • Spa features: In Ground, Concrete, Equipment Stays, Heated
    • Has view: Yes
    • View description: Gulf, Water
    • Has water view: Yes
    • Water view: Gulf,Water
    • Waterfront features: Gulf Frontage
    Lot
    • Size: 0.99 Acres
    • Features: Oversize
    Details
    • Parcel number: 0346210000005.001B
    • Zoning: RS-2
    • Other equipment: Generator

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Block, Concrete, Frame, Stucco
    • Foundation: Concrete Block, Pillar/Post/Pier, Poured Concrete
    • Roof: Tile
    Condition
    • New construction: No
    • Year built: 1984

    Utilities & green energy

    • Gas: Propane
    • Sewer: Septic Tank
    • Water: Central

    Community & HOA

    Community
    • Features: Boating
    • Security: Smoke Detector(s)
    • Subdivision: METES AND BOUNDS
    HOA
    • Has HOA: No
    • Amenities included: Beach Access
    Location
    • Region: Captiva

    Financial & listing details

    • Price per square foot: $875/sqft
    • Tax assessed value: $7,655,256
    • Annual tax amount: $106,396
    • Date on market: 2/4/2025
    • Lease term: Buyer Finance/Cash
    • Contingency: Inspection
    • Road surface type: Paved

    Price history

    DateEventPrice
    6/3/2025Sold$7,900,000-7%$875/sqft
    Source: SWFLMLS #225008480 Report a problem
    4/17/2025Pending sale$8,495,000$941/sqft
    Source: SWFLMLS #225008480 Report a problem
    4/2/2025Price change$8,495,000-10.6%$941/sqft
    Source: SWFLMLS #225008480 Report a problem
    2/4/2025Listed for sale$9,500,000-26.9%$1,053/sqft
    Source: SWFLMLS #225008480 Report a problem
    10/23/2024Listing removed$12,995,000$1,440/sqft
    Source: SWFLMLS #223092351 Report a problem
    9/3/2024Price change$12,995,000-51.8%$1,440/sqft
    Source: Sanibel And Captiva Island AOR #2231131 Report a problem
    12/16/2023Price change$26,985,000+3.8%$2,990/sqft
    Source: Sanibel And Captiva Island AOR #2231131 Report a problem
    12/13/2023Listed for sale$25,985,000+464.9%$2,879/sqft
    Source: Sanibel And Captiva Island AOR #2231131 Report a problem
    1/6/1999Sold$4,600,000$510/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$103,729 -2.2%$7,655,256 +1.7%
    2024$106,035 -0.3%$7,526,410 +3%
    2023$106,396 +7.8%$7,307,194 +3%
    2022$98,695 +2%$7,094,363 +3%
    2021$96,792 +0%$6,887,731 +1.4%
    2020$96,772 +1.6%$6,792,634 -6.5%
    2019$95,250 $7,265,812 +11.5%
    2018$95,250 +1.5%$6,516,110 +4.2%
    2016$93,875 +1.2%$6,250,819 -4.3%
    2015$92,785 -5.6%$6,534,033 -7.4%
    2013$98,324 +6.5%$7,054,735 +18.7%
    2011$92,344 -3.3%$5,942,517 -2.4%
    2010$95,473 $6,088,734
    Find assessor info on the county website

    Neighborhood: 33924

    Nearby schools

    GreatSchools rating
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