A rare opportunity to own a triple lot totaling .81 acres on beautiful Sanibel Island. Situated along the serene and sought-after Dinkins Bayou, this expansive property boasts nearly 300 feet of water frontage, providing stunning northwestern exposure and peaceful water views. With ample space to build your dream estate, this oversized parcel offers the ideal blend of privacy and the natural beauty Sanibel Island is world-famous for. Enjoy direct boating access to Pine Sound and the Gulf of Mexico - a boater's dream come true! It features a new metal roof, a large above-ground pool/pool deck, and a three-car garage. Whether you're seeking a tranquil retreat surrounded by nature of a prime location for water-based adventure, this unique waterfront gem delivers. Lots like this are few and far between on Sanibel Island. Schedule your viewing today!
Sold for $925,000
$925,000
5770 Pine Tree Dr, Sanibel, FL 33957
3beds
2,743sqft
Single Family Residence
Built in 1987
0.81 Acres Lot
$905,800 Zestimate®
$337/sqft
$7,699 Estimated rent
Home value
$905,800
$806,000 - $1.02M
$7,699/mo
Zestimate® history
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$6,197/mo
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Zillow last checked:
Listing updated:
Listed by:
Sean Radigan 239-841-0260,
Premier Sotheby's Int'l Realty,
Jeff Burns 239-464-2984,
Premier Sotheby's Int'l Realty
Bought with:
Phaidra A McDermott, 676199
Kingfisher Real Estate Inc.
Source: Sanibel And Captiva Island AOR,MLS#: 2250688
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Central
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Other
Features
- Cathedral Ceiling(s)
- Flooring: Carpet, Laminate, Tile
- Doors: See Remarks
- Windows: Casement, Single Hung, Skylight(s)
- Has fireplace: No
Interior area
- Total structure area: 4,588
- Total interior livable area: 2,743 sqft
Property
Parking
- Total spaces: 3
- Parking features: 3+ Garage
- Has garage: Yes
Features
- Patio & porch: Open Porch
- Exterior features: Dock
- Has private pool: Yes
- Pool features: Private
- Has view: Yes
- View description: Bay
- Has water view: Yes
- Water view: Bay
- Waterfront features: Bayfront, Mangroves, Navigable Water, Canal
Lot
- Size: 0.81 Acres
- Features: Irregular Lot
Details
- Parcel number: 124621T4000100430
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Raised, Piling Wood
- Roof: Metal
Condition
- Year built: 1987
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Castaway Estates
HOA
- Has HOA: Yes
- HOA fee: $200 annually
- HOA phone: 239-248-6160
Location
- Region: Sanibel
Financial & listing details
- Price per square foot: $337/sqft
- Tax assessed value: $1,625,881
- Annual tax amount: $10,183
- Date on market: 6/6/2025
- Cumulative days on market: 146 days
- Listing terms: BTF/Cash
- Lease term: Month To Month
Price history
| Date | Event | Price |
|---|---|---|
| 11/21/2025 | Sold | $925,000-19.6%$337/sqft |
Source:  Sanibel And Captiva Island AOR #2250688 Report a problem | ||
| 10/14/2025 | Pending sale | $1,150,000$419/sqft |
Source:  Florida Gulf Coast MLS #225050595 Report a problem | ||
| 10/14/2025 | Contingent | $1,150,000$419/sqft |
Source: Sanibel And Captiva Island AOR #2250688 Report a problem | ||
| 8/21/2025 | Price change | $1,150,000-4.2%$419/sqft |
Source: Sanibel And Captiva Island AOR #2250688 Report a problem | ||
| 8/15/2025 | Listed for sale | $1,200,000$437/sqft |
Source: Sanibel And Captiva Island AOR #2250688 Report a problem | ||
| 7/25/2025 | Contingent | $1,200,000$437/sqft |
Source: Sanibel And Captiva Island AOR #2250688 Report a problem | ||
| 7/24/2025 | Pending sale | $1,200,000$437/sqft |
Source: Sanibel And Captiva Island AOR #2250688 Report a problem | ||
| 6/6/2025 | Listed for sale | $1,200,000$437/sqft |
Source:  SWFLMLS #225050595 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $24,334 +132.8% | $1,625,881 +138.9% |
| 2024 | $10,451 +2.6% | $680,578 +3% |
| 2023 | $10,183 +6.8% | $660,755 +3% |
| 2022 | $9,538 -0.6% | $641,510 +3% |
| 2021 | $9,598 +0.4% | $622,825 +1.4% |
| 2020 | $9,559 +1.6% | $614,226 -34.6% |
| 2019 | $9,406 | $939,109 +59.4% |
| 2018 | $9,406 -0.1% | $589,221 +2.1% |
| 2017 | $9,411 0% | $577,102 -29.3% |
| 2016 | $9,412 +0.4% | $816,164 +6.6% |
| 2015 | $9,373 -1.6% | $765,910 +0.5% |
| 2014 | $9,530 -0.1% | $762,088 +3.6% |
| 2013 | $9,541 +1.5% | $735,600 -8% |
| 2012 | $9,404 +1.4% | $799,385 -3.3% |
| 2011 | $9,278 -0.9% | $826,894 +1% |
| 2010 | $9,360 +9.3% | $818,893 -17.9% |
| 2009 | $8,564 +4.8% | $997,200 -5% |
| 2007 | $8,171 +2.4% | $1,049,290 +3.8% |
| 2006 | $7,982 +0.7% | $1,010,690 +8.2% |
| 2004 | $7,924 +1.6% | $934,280 +9.2% |
| 2003 | $7,797 +3.9% | $855,720 +7% |
| 2002 | $7,507 | $799,920 +37.8% |
| 2000 | -- | $580,520 |
Find assessor info on the county website
Neighborhood: 33957
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Nearby schools
GreatSchools rating
- 10/10The Sanibel SchoolGrades: PK-8Distance: 3.8 mi
- 5/10Cypress Lake High SchoolGrades: 9-12Distance: 17.1 mi
- 2/10South Fort Myers High SchoolGrades: 9-12Distance: 20.3 mi
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- Florida
- Lee County
- Sanibel
- 33957
- 5770 Pine Tree Dr
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