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For sale
  • $2,995,000

    408 Bella Vista Way E, Sanibel, FL 33957

    4beds
    3,340sqft
    : 
    $20,436/mo
    Get pre-qualified
    Single Family Residence
    Built in 1990
    6,098 Square Feet Lot
    $-- Zestimate®
    $897/sqft
    $833/mo HOA

    What's special

    Heated pool and spaMultiple fireplacesPrivate elevatorLarge gathering islandOversized two-car garageExclusive gulf-front enclaveTextured ceilings
    AUCTION: Bidder registration deadline: September 9th. Welcome to Colony Beach Estates, one of Sanibel's premier East End beachfront communities, where timeless Old Florida architecture meets refined coastal living. Comprising just eighteen custom residences among mature tropical vegetation, this exclusive Gulf-front enclave offers privacy and a coveted location just a short walk from the Sanibel Lighthouse. This remodeled residence is perfect for entertaining, with extensive living spaces, an oversized two-car garage, a private elevator, and a heated pool and spa. Gulf views from both living levels complement multiple fireplaces, textured ceilings, plantation shutters, and wood flooring, while the main level features custom cabinetry and a large gathering island, and a Florida room opening to a deck. Wrapped in Hardie-board siding with a standing-seam metal roof and impact-rated windows and doors, this rarely available residence offers quality, privacy, and effortless island living.
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    Zillow last checked:

    Listing updated:

    Listed by:

    Evan duPont 239-462-1817,

    Michael Saunders & Company

    Source: Sanibel And Captiva Island AOR,MLS#: 2260618MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 4
      Rooms
      • Room types: Breakfast Room, Den, DR/LR Combo, Florida Room, Kitchen, Laundry, Living Room, Workshop
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Cooktop, Dishwasher, Disposal, Dryer, Freezer, Internet Ready, Microwave, Refrigerator, Electric Oven, Washer, Water Heater 2+, Wine Cooler
      • Laundry: Laundry Room, Sink
      Features
      • Breakfast Bar, Eat-in Kitchen, Elevator Private, Pantry, Storage, Elevator
      • Flooring: Carpet, Tile, Wood
      • Doors: Impact Resistant Doors, Storm Door(s)
      • Windows: Impact Resistant Windows, Storm Window(s)
      • Has fireplace: Yes
      Interior area
      • Total structure area: 5,423
      • Total interior livable area: 3,340 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Double Garage, Under Bldg
      • Garage spaces: 2
      Features
      • Patio & porch: Open Porch, Patio
      • Has private pool: Yes
      • Pool features: Equipment Stays, Gunite, Private
      • Has view: Yes
      • View description: Part Gulf View
      • Has water view: Yes
      • Water view: Part Gulf View
      • Waterfront features: None/Not Applicable, Gulf, Near Beach
      Lot
      • Size: 6,098 Square Feet
      • Features: Irregular Lot
      Details
      • Parcel number: 204623T3037000150

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Hard-l-Board
      • Foundation: Raised
      • Roof: Metal
      Condition
      • Year built: 1990

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Colony Beach Estates
      HOA
      • Has HOA: Yes
      • HOA fee: $2,500 quarterly
      • HOA phone: 239-472-5020
      Location
      • Region: Sanibel

      Financial & listing details

      • Price per square foot: $897/sqft
      • Tax assessed value: $1,158,484
      • Annual tax amount: $12,559
      • Date on market: 8/19/2026
      • Cumulative days on market: 2 days
      • Listing terms: BTF/Cash

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/19/2026Listed for sale$2,995,000-14%$897/sqft
        Source: Sanibel And Captiva Island AOR #2260618 Report a problem
        8/1/2025Listing removed$3,484,000-0.5%$1,043/sqft
        Source: Florida Gulf Coast MLS #224100449 Report a problem
        5/4/2024Listing removed--
        Source: Sanibel And Captiva Island AOR #2230561 Report a problem
        4/8/2024Price change$3,500,000-6.7%$1,048/sqft
        Source: Sanibel And Captiva Island AOR #2230561 Report a problem
        10/19/2023Listed for sale$3,750,000$1,123/sqft
        Source: Sanibel And Captiva Island AOR #2230561 Report a problem
        9/20/2023Listing removed--
        Source: Florida Gulf Coast MLS #223036492 Report a problem
        5/11/2023Listed for sale$3,750,000+177.8%$1,123/sqft
        Source: Sanibel And Captiva Island AOR #2230561 Report a problem
        7/7/2017Sold$1,350,000-15.4%$404/sqft
        Source: Florida Gulf Coast MLS #217015786 Report a problem
        2/27/2017Listed for sale$1,595,000+142.9%$478/sqft
        Source: Premier Sotheby's Int'l Realty #217015786 Report a problem
        12/16/1997Sold$656,600$197/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$12,559 +2.7%$892,565 +2.9%
        2024$12,228 +157.9%$867,410 +153.3%
        2023$4,741 -77.1%$342,399 -77.5%
        2022$20,667 -1%$1,520,589 +3%
        2021$20,868 +0.2%$1,476,300 +1.4%
        2020$20,819 -2.8%$1,455,917 -2.1%
        2019$21,410 $1,486,628 -2.6%
        2018$21,410 -4.6%$1,526,157 +118.9%
        2017$22,444 +116.5%$697,056 +1.1%
        2016$10,367 +1.4%$689,702 -11.1%
        2015$10,226 -1.8%$776,199 +16.5%
        2014$10,419 -0.2%$666,406 -5.8%
        2013$10,436 -22.9%$707,487 -26.3%
        2012$13,532 +1.5%$960,072 -7.5%
        2011$13,330 -1%$1,038,040 -1.9%
        2010$13,460 +8.8%$1,058,537 -10.4%
        2009$12,369 +6.3%$1,181,690 -5.3%
        2007$11,634 -2.8%$1,247,990 +7.1%
        2006$11,964 -5.4%$1,165,450 +33.2%
        2004$12,640 +1.6%$874,950 +22.6%
        2003$12,439 +0.5%$713,390 +1.6%
        2002$12,383 $702,300 +2.1%
        2000-- $688,070
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 33957

        Getting around

        14 / 100
        Car-Dependent
        79 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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