Your perfect island getaway is only minutes to the white sands of Algiers Beach! This elevated 3 bedroom, 2 bath home is nestled in a peaceful neighborhood that is centrally located and close to shopping, dining, and grocery. The home boasts an open floor plan with tile flooring, vaulted ceilings, and white cabinetry throughout giving it an open, airy feel. An added feature are closet systems in every bedroom for easy storage. The home was built in 2018 so all windows and doors are impact and appliances are LG stainless steel. The home offers a large open space downstairs and storage for all your island toys. Situated on a half acre parcel that borders SCCF nature preserve adds more privacy. Plenty of room for a pool. Relax and unwind on the back porch with your favorite beverage. Now's your chance to live on island time!
Sold for $950,000
$950,000
540 E Lake Rd, Sanibel, FL 33957
3beds
1,393sqft
Single Family Residence
Built in 2018
0.59 Acres Lot
$797,700 Zestimate®
$682/sqft
$3,730 Estimated rent
Home value
$797,700
$750,000 - $846,000
$3,730/mo
Zestimate® history
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List your homeWhat's special
Open floor planLarge open space downstairsVaulted ceilingsWhite cabinetry throughoutCloset systemsClose to shopping
Zillow last checked:
Listing updated:
Listed by:
Dana G Foster 239-989-2136,
John R. Wood Properties
Bought with:
Chip C Wolfe, 3205697
RE/MAX REALTY GROUP
Source: Sanibel And Captiva Island AOR,MLS#: 2230246
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: DR/LR Combo, Family Room, Kitchen, Laundry
Heating
- Central
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Refrigerator-Ice maker, Washer, Water Heater
- Laundry: Laundry Room
Features
- Pantry, Vaulted Ceiling(s)
- Flooring: Tile
- Doors: Sliding Doors, Impact Resistant Doors
- Windows: Impact Resistant Windows
- Has fireplace: No
Interior area
- Total structure area: 1,871
- Total interior livable area: 1,393 sqft
Property
Parking
- Total spaces: 3
- Parking features: 3+ Carport, Covered, Under Bldg
- Has carport: Yes
Features
- Patio & porch: Screened
- Exterior features: Storage
- Has view: Yes
- View description: Lawn/Garden
- Waterfront features: None/Not Applicable
Lot
- Size: 0.59 Acres
- Features: Irregular Lot, Inland
Details
- Parcel number: 254622T3011080160
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Trim Wood, Vinyl Siding
- Foundation: Raised, Piling Concrete, Slab
- Roof: Metal
Condition
- Year built: 2018
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Sanibel Highlands
HOA
- Has HOA: No
Location
- Region: Sanibel
Financial & listing details
- Price per square foot: $682/sqft
- Tax assessed value: $698,416
- Annual tax amount: $6,092
- Date on market: 2/19/2023
- Cumulative days on market: 160 days
- Listing terms: BTF/Cash
Price history
| Date | Event | Price |
|---|---|---|
| 8/22/2023 | Sold | $950,000-2.6%$682/sqft |
Source:  Sanibel And Captiva Island AOR #2230246 Report a problem | ||
| 7/16/2023 | Pending sale | $975,000$700/sqft |
Source: Sanibel And Captiva Island AOR #2230246 Report a problem | ||
| 7/1/2023 | Price change | $975,000-2.5%$700/sqft |
Source: Sanibel And Captiva Island AOR #2230246 Report a problem | ||
| 5/26/2023 | Price change | $1,000,000-2.4%$718/sqft |
Source: Sanibel And Captiva Island AOR #2230246 Report a problem | ||
| 4/20/2023 | Price change | $1,025,000-3.3%$736/sqft |
Source: Sanibel And Captiva Island AOR #2230246 Report a problem | ||
| 3/29/2023 | Price change | $1,060,000-3.6%$761/sqft |
Source:  Florida Gulf Coast MLS #223013941 Report a problem | ||
| 2/19/2023 | Listed for sale | $1,100,000+576.9%$790/sqft |
Source: Sanibel And Captiva Island AOR #2230246 Report a problem | ||
| 7/31/2017 | Sold | $162,500-27%$117/sqft |
Source:  Florida Gulf Coast MLS #217026263 Report a problem | ||
| 8/24/2004 | Sold | $222,500$160/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,402 -21.9% | $698,416 -22.7% |
| 2024 | $13,316 +97.3% | $903,635 +87.4% |
| 2023 | $6,749 +7% | $482,104 +3% |
| 2022 | $6,305 -0.5% | $468,062 +3% |
| 2021 | $6,337 +0.6% | $454,429 +1.4% |
| 2020 | $6,300 -9% | $448,155 -1.4% |
| 2019 | $6,926 | $454,628 +152.6% |
| 2018 | $6,926 +159.4% | $180,000 +0.4% |
| 2017 | $2,670 -1.9% | $179,265 -0.4% |
| 2016 | $2,722 +2.5% | $180,000 +20% |
| 2015 | $2,655 +11.4% | $150,000 |
| 2014 | $2,383 -1.1% | $150,000 +3.4% |
| 2013 | $2,410 -12.3% | $145,000 -13.7% |
| 2012 | $2,749 -2.6% | $168,000 -1.2% |
| 2011 | $2,821 -2.4% | $170,000 |
| 2010 | $2,892 -2.2% | $170,000 -5.6% |
| 2009 | $2,958 +5.1% | $180,000 |
| 2008 | $2,813 -20.4% | $180,000 -20% |
| 2007 | $3,533 -5.2% | $225,000 |
| 2006 | $3,726 +25.2% | $225,000 +40.6% |
| 2004 | $2,976 -6.8% | $160,000 |
| 2003 | $3,195 +58.3% | $160,000 +68.4% |
| 2002 | $2,018 | $95,000 +58.3% |
| 2000 | -- | $60,000 |
Find assessor info on the county website
Neighborhood: 33957
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Nearby schools
GreatSchools rating
- 10/10The Sanibel SchoolGrades: PK-8Distance: 3.4 mi
- 5/10Cypress Lake High SchoolGrades: 9-12Distance: 12.4 mi
- 2/10South Fort Myers High SchoolGrades: 9-12Distance: 15.1 mi
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- Florida
- Lee County
- Sanibel
- 33957
- 540 E Lake Rd
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