Skip main navigation
Sold for $1,150,000
  • $1,150,000

    501 Lagoon Dr, Sanibel, FL 33957

    3beds
    1,432sqft
    Single Family Residence
    Built in 1986
    0.42 Acres Lot
    $1,014,900 Zestimate®
    $803/sqft
    $3,463 Estimated rent

    Home value

    $1,014,900

    $924,000 - $1.12M

    $3,463/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $3,463/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $3,463/mo

    Rent Zestimate®

    Refinance and save

    $7,681/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $7,681/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Open air deckMaster bedroom windowTons of storageNatural mangrove vegetationWood floors throughoutMarble countertops
    Resting on an oversized lot down a paved road within walking distance to the gorgeous Sanibel beaches and with boating in your back yard...how can you go wrong?! This east end home has been updated and decorated with the charm you would expect from an island beach home. Relax with a book in the nautically themed sunroom, catch some rays on the open air deck, and wake up every morning to the sun rising through the master bedroom window and the birds chirping. The interior also features wood floors throughout, stainless steel appliances, gas stove, and marble countertops in the kitchen. Privacy abounds with natural mangrove vegetation along the canal allowing for a multitude of wildlife experiences including manatee, dolphin and birds galore! Tons of storage in the lower level allows space for all of your island toys including canoes, kayaks, beach bikes and equipment. A beautiful stroll across the newly rebuilt boardwalk just 2 doors away will take you to the beach through deeded access. Room for pool*. Brand new 2023 metal roof is being installed now.

    Zillow last checked:

    Listing updated:

    Listed by:

    Phaidra A McDermott 239-898-3778,

    Kingfisher Real Estate Inc.,

    Elizabeth Podolsky 239-331-5049,

    Kingfisher Real Estate Inc.

    Bought with:

    Phaidra A McDermott, 676199

    Kingfisher Real Estate Inc.

    Source: Sanibel And Captiva Island AOR,MLS#: 2230781MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: DR/LR Combo, Florida Room, Kitchen, Living Room, Loft, Recreation Room, Workshop, Great Room
    Primary bedroom
    • Features: Walk-In Closet(s)
    • Level: Second
    Primary bathroom
    • Features: Sep. Shower, Sep. Tub, Skylight, Tile
    Heating
    • Central
    Cooling
    • Ceiling Fan(s), Central Air
    Appliances
    • Included: Convection Oven, Dishwasher, Disposal, Dryer, Microwave, Gas Range, Refrigerator-Ice maker, Washer/Dryer Stacked, Washer, Water Heater
    Features
    • Breakfast Bar, Storage, 8 Ft Ceilings, Vaulted Ceiling(s), Split Bedrooms
    • Flooring: Concrete, Tile, Wood
    • Doors: French Doors, Sliding Doors, Other Add Agt Note
    • Windows: Casement, Glass Wall, Impact Resistant Windows, Picture, Skylight(s), Sliding, Other Add Agt Note
    • Has fireplace: Yes
    • Fireplace features: Gas
    Interior area
    • Total structure area: 3,128
    • Total interior livable area: 1,432 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Double Garage
    • Garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Open Porch, Deck
    • Exterior features: Dock
    • Pool features: Room For, Other
    • Has view: Yes
    • View description: Canal, Lawn/Garden, Sanctuary
    • Has water view: Yes
    • Water view: Canal
    • Waterfront features: Canal Salt, Navigable Water, Beach Access, Gulf Access, Canal, Near Beach
    • Frontage length: 114
    Lot
    • Size: 0.42 Acres
    Details
    • Additional structures: Guest House
    • Parcel number: 204623T3018050130

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Beach House,Old Florida
    • Property subtype: Single Family Residence
    Materials
    • Const. Complete, Frame, Aluminum/Metal, Hard-l-Board, Aluminum Siding, Trim Wood, Wood Siding
    • Foundation: Raised, Piling Wood, Slab
    • Roof: Metal
    Condition
    • Updated/Remodeled
    • Year built: 1986

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Deeded Beach Access, Gulf Access
    • Security: Smoke Detector(s)
    • Subdivision: Sanibel Estates
    HOA
    • Has HOA: Yes
    • HOA fee: $50 annually
    • HOA phone: 239-472-5490
    Location
    • Region: Sanibel

    Financial & listing details

    • Price per square foot: $803/sqft
    • Tax assessed value: $953,090
    • Annual tax amount: $5,945
    • Date on market: 8/15/2023
    • Cumulative days on market: 256 days
    • Listing terms: BTF/Cash
    • Lease term: Month To Month
    • Road surface type: Paved

    Price history

    DateEventPrice
    4/30/2024Sold$1,150,000-6.4%$803/sqft
    Source: Sanibel And Captiva Island AOR #2230781 Report a problem
    2/5/2024Pending sale$1,228,000$858/sqft
    Source: Sanibel And Captiva Island AOR #2230781 Report a problem
    11/16/2023Price change$1,228,000-1.6%$858/sqft
    Source: Florida Gulf Coast MLS #223058612 Report a problem
    8/15/2023Listed for sale$1,248,000+42%$872/sqft
    Source: Florida Gulf Coast MLS #223058612 Report a problem
    7/28/2020Listing removed$879,000$614/sqft
    Source: Kingfisher Real Estate Inc. #2200254 Report a problem
    2/26/2020Listed for sale$879,000-2.2%$614/sqft
    Source: Kingfisher Real Estate Inc. #2200254 Report a problem
    6/24/2019Listing removed$899,000$628/sqft
    Source: Kingfisher Real Estate, Inc. #219025316 Report a problem
    4/2/2019Price change$899,000-5.3%$628/sqft
    Source: Kingfisher Real Estate Inc. #2190426 Report a problem
    2/20/2019Price change$949,000-2.1%$663/sqft
    Source: VIP Realty Group,Inc #218028419 Report a problem
    11/20/2018Price change$969,000-1%$677/sqft
    Source: VIP Realty Group,Inc #218028419 Report a problem
    4/16/2018Listed for sale$979,000+24.1%$684/sqft
    Source: VIP Realty Group,Inc #218028419 Report a problem
    10/23/2015Listing removed$789,000$551/sqft
    Source: VIP Realty Group,Inc #215037267 Report a problem
    6/25/2015Listed for sale$789,000+267.8%$551/sqft
    Source: VIP Realty Group,Inc #215037267 Report a problem
    6/23/1995Sold$214,500$150/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,519 +15.3%$525,915 +15.6%
    2024$6,519 +5%$455,032 +3%
    2023$6,210 +0.3%$441,778 +3%
    2022$6,193 -2.1%$428,911 +3%
    2021$6,328 +0.6%$416,418 +1.4%
    2020$6,291 +1.8%$410,669 -11.6%
    2019$6,181 $464,323 +17.9%
    2018$6,181 +0.4%$393,951 +2.1%
    2017$6,159 +0.1%$385,848 -4.3%
    2016$6,153 +0.5%$403,007 +4.1%
    2015$6,122 -1.6%$387,204 +4%
    2014$6,220 0%$372,307 -10.1%
    2013$6,221 -14.1%$414,301 -3.4%
    2012$7,241 -10.7%$428,945 -9.6%
    2011$8,106 -1.9%$474,544 +0.2%
    2010$8,260 +1518%$473,370 -18.1%
    2009$510 -0.5%$577,820 +4.7%
    2007$513 -0.5%$552,060 +6.1%
    2006$516 +0%$520,170 +19%
    2004$515 -1.1%$436,950 +43.7%
    2003$521 +1630.1%$304,170 +5.4%
    2002$30 $288,660 +11.5%
    2000-- $258,900
    Find assessor info on the county website

    Neighborhood: 33957

    Nearby schools

    GreatSchools rating
    Get pre-qualified for a loan
    At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.

    An equal housing lender. NMLS #10287.

    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $1,014,900
    2% more
    +$20,298
    With Zillow Showcase(estimated)
    $1,035,198