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For sale
    • Price cut: $55K (6/23)
    $1,195,000

    4209 Old Banyan Way, Sanibel, FL 33957

    3beds
    2,146sqft
    : 
    $7,547/mo
    Get pre-qualified
    Single Family Residence
    Built in 1989
    0.36 Acres Lot
    $1,109,200 Zestimate®
    $557/sqft
    $152/mo HOA

    What's special

    Two swimming poolsNatural flowComfortable and inviting layoutSpacious homesitesGenerous living spaces
    Nestled within the highly sought-after Gulf Pines community, this charming 3-bedroom, 2.5-bath home offers the perfect blend of privacy, nature, and timeless Sanibel character. Tucked away among lush native vegetation, Gulf Pines is known for its peaceful setting, Old Florida feel, and spacious homesites—creating a true island retreat. Step inside and discover a comfortable and inviting layout designed for easy coastal living, with generous living spaces and a natural flow that makes both everyday living and entertaining a breeze. Whether you’re hosting friends or enjoying a quiet evening at home, this residence captures the relaxed elegance that defines life on Sanibel. Gulf Pines residents enjoy exclusive access to a beautifully maintained community clubhouse—perfect for gatherings and social events—Two swimming pools, as well as tennis for an active island lifestyle. Meandering paths wind through the neighborhood, leading you directly to one of Sanibel’s most breathtaking stretches of beach, where shelling, sunsets, and the soothing sound of the Gulf become part of your daily routine. Living here means embracing the very best of the Sanibel lifestyle—morning bike rides along scenic paths, afternoons on the beach, and evenings surrounded by nature’s beauty. If you’ve been searching for a home that offers both tranquility and connection to everything that makes Sanibel so special, this Gulf Pines gem is your opportunity to start Helping you live the sunshine you’ve been dreaming of!
    109 days
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    186
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    10
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    Zillow last checked:

    Listing updated:

    Listed by:

    Kelly Huguenin 423-903-4684,

    Pfeifer Realty Group LLC

    Source: Sanibel And Captiva Island AOR,MLS#: 2260389MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Rooms
      • Room types: DR/LR Combo, Kitchen, Laundry
      Primary bedroom
      • Features: Porch
      • Level: First
      Primary bathroom
      • Features: Dbl Sinks, Sep. Shower, Sep. Tub, Tile
      Heating
      • Central
      Cooling
      • Ceiling Fan(s), Central Air, Zoned
      Appliances
      • Included: Dishwasher, Disposal, Internet Ready, Microwave, Electric Range, Refrigerator-Ice maker, Washer/Dryer Stacked, Water Heater
      • Laundry: Laundry Room, Sink
      Features
      • Breakfast Bar, Eat-in Kitchen, Storage, Central Vacuum, Cathedral Ceiling(s)
      • Flooring: Carpet, Tile, Wood
      • Doors: Sliding Doors, Impact Resistant Doors
      • Windows: Impact Resistant Windows, Jalousie, Picture, Sliding, Window Coverings
      • Has fireplace: No
      Interior area
      • Total structure area: 4,135
      • Total interior livable area: 2,146 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage Door Opener, Double Garage
      • Garage spaces: 2
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Open Porch, Screened, Porch
      • Has view: Yes
      • View description: Lawn/Garden, Sanctuary
      • Waterfront features: None/Not Applicable, Beach Access, Near Beach
      Lot
      • Size: 0.36 Acres
      • Features: Wooded, Irregular Lot
      Details
      • Parcel number: 204622T4002000240

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Contemporary
      • Property subtype: Single Family Residence
      Materials
      • Frame, Trim Wood, Vinyl Siding
      • Foundation: Raised, Piling Wood
      • Roof: Fiberglass
      Condition
      • Year built: 1989

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Clubhouse, Deeded Beach Access, Pool, Restricted Rentals, Tennis Court(s)
      • Security: Smoke Detector(s)
      • Subdivision: Gulf Pines
      HOA
      • Has HOA: Yes
      • HOA fee: $1,825 annually
      • HOA phone: 239-472-5020
      Location
      • Region: Sanibel

      Financial & listing details

      • Price per square foot: $557/sqft
      • Tax assessed value: $908,897
      • Annual tax amount: $9,547
      • Date on market: 4/15/2026
      • Cumulative days on market: 109 days
      • Listing terms: BTF/Cash
      • Lease term: Month To Month

        Estimated market value

        $1,109,200

        $1.05M - $1.16M

        $5,148/mo

        Price history

        DateEventPrice
        6/23/2026Price change$1,195,000-4.4%$557/sqft
        Source: Sanibel And Captiva Island AOR #2260389 Report a problem
        4/15/2026Listed for sale$1,250,000+43.5%$582/sqft
        Source: Florida Gulf Coast MLS #2026010117 Report a problem
        1/5/2006Sold$871,000$406/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$9,945 +5.9%$632,828 +10%
        2024$9,390 +5.9%$575,300 +10%
        2023$8,870 +29%$523,002
        2022$6,875 -1.3%--
        2021$6,962 -0.1%$464,283 +1%
        2020$6,969 +3.2%$459,841 +3.9%
        2019$6,751 $442,615 +2.3%
        2018$6,751 +0.2%$432,759 -13%
        2017$6,736 -14.3%$497,570 -1.6%
        2016$7,860 -0.9%$505,695 +15%
        2015$7,931 +9%$439,819 +4.1%
        2014$7,278 +2.9%$422,612 +1.8%
        2013$7,072 -7.4%$415,127 -7.7%
        2012$7,638 -19.5%$449,774 -18.9%
        2011$9,492 -3.1%$554,315 -0.6%
        2010$9,794 -3.9%$557,787 -9.9%
        2009$10,188 -9.2%$618,780 -13.3%
        2007$11,223 +110.6%$713,390 +12.4%
        2006$5,330 -5.1%$634,800 -7.5%
        2004$5,616 +1.6%$686,370 +0.7%
        2003$5,526 +0.6%$681,510 +33%
        2002$5,496 $512,480 +33.2%
        2000-- $384,780
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 33957

        Getting around

        3 / 100
        Car-Dependent
        50 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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