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Sold for $1,250,000
  • $1,250,000

    517 Lake Murex Cir, Sanibel, FL 33957

    4beds
    3,072sqft
    Single Family Residence
    Built in 2001
    0.87 Acres Lot
    $1,244,300 Zestimate®
    $407/sqft
    $7,200 Estimated rent

    Home value

    $1,244,300

    $1.11M - $1.39M

    $7,200/mo

    Zestimate® history
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    What's special

    Three bedroomsScreen-in porch and lanaiNew metal roofSolar heater and waterfallBright open feel throughoutEco-friendly oversized park-like lotFinished first floor
    This spacious and beautifully designed elevated lakefront home offers over 3,072 square feet under air, providing comfort and versatility for a retired couple or growing family. The layout features three bedrooms, three full baths, and a loft, along with a formal dining room that can serve as a den or fourth bedroom, making the home adaptable to a variety of needs. The residence sits on an eco-friendly, oversized park-like lot across from protected conservation land. Enjoy breathtaking sunsets over the 17-acre lake from the screen-in porch and lanai, or relax by the large swimming pool and spa, complete with solar heater and waterfall. The home boasts cathedral ceilings, an eat-in kitchen with granite countertops, and a bright open feel throughout. The finished first floor, featuring impact patio doors and a concrete block foundation, is ideal for an art studio, hobbies, or even an entertainment space. Practical upgrades include a new metal roof, new air conditioning units, and extra clearance impact garage doors for the 3 1/2 car finished garage. The location is equally impressive with HOA tennis and pickleball courts and a short walk to the beach access, making this an exceptional property in a peaceful and highly desirable neighborhood. Square footage is believed to be correct but Buyer to verify.

    Zillow last checked:

    Listing updated:

    Listed by:

    Karen Bell 239-851-0168,

    Michael Saunders & Company

    Bought with:

    Jennifer McSorley, 3139956

    Pfeifer Realty Group LLC

    Source: Sanibel And Captiva Island AOR,MLS#: 2251263MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Rooms
    • Room types: Breakfast Room, Formal Dining, Kitchen, Living Room, Loft, Great Room, Den
    Primary bedroom
    • Features: Porch, Walk-In Closet(s)
    Primary bathroom
    • Features: Shower/Tub Combo, Tile
    Heating
    • Central
    Cooling
    • Ceiling Fan(s), Central Air, See Remarks
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer, Water Heater
    Features
    • Eat-in Kitchen, Storage, High Ceilings, Cathedral Ceiling(s), Split Bedrooms
    • Flooring: Carpet, Luxury Vinyl, Tile
    • Doors: French Doors, Sliding Doors, Wind Rated Garage Door
    • Windows: Casement, Single Hung
    • Has fireplace: No
    Interior area
    • Total structure area: 7,236
    • Total interior livable area: 3,072 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: 3+ Garage, Garage Door Opener
    • Has garage: Yes
    Features
    • Patio & porch: Screened, Wood Deck, Porch
    • Exterior features: Storage
    • Has private pool: Yes
    • Pool features: In Ground, Solar Heat, See Remarks, Private
    • Spa features: Spa
    • Has view: Yes
    • View description: Lake, Sanctuary
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Lake Front, Beach Access, Near Beach, Lake
    Lot
    • Size: 0.87 Acres
    • Features: Interior Lot, Irregular Lot
    Details
    • Parcel number: 274622T4007000180

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Old Florida
    • Property subtype: Single Family Residence
    Materials
    • Block, Frame, Stucco, Vinyl Siding
    • Foundation: Raised, Slab
    • Roof: Metal
    Condition
    • Year built: 2001

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    Green energy
    • Energy generation: Solar

    Community & HOA

    Community
    • Features: Pickleball, Tennis Court(s)
    • Security: Smoke Detector(s)
    • Subdivision: Little Lake Murex
    HOA
    • Has HOA: Yes
    • HOA fee: $450 annually
    • HOA phone: 708-306-1892
    Location
    • Region: Sanibel

    Financial & listing details

    • Price per square foot: $407/sqft
    • Tax assessed value: $1,538,502
    • Annual tax amount: $11,648
    • Date on market: 12/18/2025
    • Cumulative days on market: 62 days
    • Listing terms: BTF/Cash
    • Road surface type: Paved

    Price history

    DateEventPrice
    3/27/2026Sold$1,250,000-7.3%$407/sqft
    Source: Sanibel And Captiva Island AOR #2251263 Report a problem
    2/9/2026Pending sale$1,349,000$439/sqft
    Source: Florida Gulf Coast MLS #2025025389 Report a problem
    2/9/2026Contingent$1,349,000$439/sqft
    Source: Sanibel And Captiva Island AOR #2251263 Report a problem
    12/18/2025Listed for sale$1,349,000-10%$439/sqft
    Source: Sanibel And Captiva Island AOR #2251263 Report a problem
    5/12/2025Listing removed$1,499,000$488/sqft
    Source: Sanibel And Captiva Island AOR #2240143 Report a problem
    1/3/2025Price change$1,499,000-4.5%$488/sqft
    Source: Sanibel And Captiva Island AOR #2240143 Report a problem
    9/9/2024Price change$1,569,000-1.9%$511/sqft
    Source: Sanibel And Captiva Island AOR #2240143 Report a problem
    7/3/2024Price change$1,599,000-5.9%$521/sqft
    Source: Sanibel And Captiva Island AOR #2240143 Report a problem
    2/6/2024Listed for sale$1,699,000+690.2%$553/sqft
    Source: Sanibel And Captiva Island AOR #2240143 Report a problem
    10/7/1999Sold$215,000$70/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$12,035 +3.3%$855,388 +3.5%
    2024$11,648 +2.6%$826,383 +3%
    2023$11,352 +5.4%$802,314 +3%
    2022$10,772 -0.9%$778,946 +3%
    2021$10,871 +0.4%$756,258 +1.4%
    2020$10,830 +1.7%$745,817 -13.4%
    2019$10,650 $861,630 +20.4%
    2018$10,650 -0.1%$715,455 +2.1%
    2017$10,660 -0.1%$700,739 -14.7%
    2016$10,665 +0.4%$821,969 +6.7%
    2015$10,621 -1.8%$770,089 +6.9%
    2014$10,817 -0.2%$720,200 +8.1%
    2013$10,834 -3.2%$666,154 -20.6%
    2012$11,196 +1.5%$839,241 +23.6%
    2011$11,033 -0.9%$678,861 +1.7%
    2010$11,138 +9.2%$667,698 -15.5%
    2009$10,200 +1.1%$790,250 -10.9%
    2007$10,084 +5.9%$887,230 +22.5%
    2006$9,526 -8.8%$724,480 +5.8%
    2004$10,447 +4%$684,610 +4.5%
    2003$10,043 +0.5%$655,420 +19.8%
    2002$9,995 $547,030 +241.9%
    2000-- $160,000
    Find assessor info on the county website

    Neighborhood: 33957

    Nearby schools

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