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For salePrice cut: $5K (6/22)
$784,000
2beds
1,136sqft

589 Rabbit Rd, Sanibel, FL 33957

2beds
1,136sqft
Single family residence
Built in 1981
0.39 Acres
2 Garage spaces
$690 price/sqft

What's special

Private heated poolExpansive screened lanaiGarage doorsComposite exterior stair treadsBright open-concept layoutBreathtaking water viewsStunning sunrises over another

This stunning elevated island home offers the very best of coastal living, featuring a private heated pool with a dramatic two-story screened enclosure and breathtaking water views paired with unforgettable sunsets—all just minutes from the beach. Inside, a bright open-concept layout creates a spacious and inviting atmosphere. The main living area flows seamlessly onto an expansive screened lanai, effortlessly blending indoor and outdoor living while maximizing both space and comfort. Nearly every room showcases picturesque waterfront views and the surrounding natural beauty. Deeded beach access is just a short 5-minute walk at the end of the street, making it easy to enjoy Sanibel’s renowned shoreline. The property also features multiple screened decks, frequent wildlife sightings, and the rare opportunity to take in spectacular sunsets over one preserve and equally stunning sunrises over another. Extensively updated and meticulously maintained, the home includes a newer roof along with recent upgrades such as HVAC, water heater, garage doors, pool cage, luxury vinyl plank flooring, impact windows, interior doors, and composite exterior stair treads. Ideally located, you’re just moments from local favorites like Rosalita’s Cantina and the soon-to-open Bailey’s Market, as well as the Sanibel Recreation Center, J.N. “Ding” Darling National Wildlife Refuge, and miles of scenic bike paths. Impeccably cared for and move-in ready, this exceptional property captures everything that makes island living on Sanibel so special.

140 days
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729
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45
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Source: Sanibel And Captiva Island AOR,MLS#: 2260429MLS Logo
Travel times

Living Room

Kitchen

Dining Room

Zillow last checked:

Listing updated:

Listed by:

Phaidra A McDermott 239-898-3778,

Kingfisher Real Estate Inc.,

Kelsey Smith 239-472-4411,

Kingfisher Real Estate Inc.

Source: Sanibel And Captiva Island AOR,MLS#: 2260429MLS Logo

Facts & features

Interior

Bedrooms & bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2
Rooms
  • Room types: DR/LR Combo, Kitchen, Laundry, Living Room
Heating
  • Central
Cooling
  • Ceiling Fan(s), Central Air
Appliances
  • Included: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator-Ice maker, Washer, Water Heater
  • Laundry: Laundry Room
Features
  • Pantry, Vaulted Ceiling(s)
  • Flooring: Luxury Vinyl
  • Doors: Shutters Manual, Impact Resistant Doors
  • Windows: Impact Resistant Windows
  • Has fireplace: No
Interior area
  • Total structure area: 3,628
  • Total interior livable area: 1,136 sqft

Property

Parking
  • Total spaces: 2
  • Parking features: Garage Door Opener, Double Garage
  • Garage spaces: 2
Features
  • Patio & porch: Patio, Screened
  • Has private pool: Yes
  • Pool features: Private
  • Has view: Yes
  • View description: Lake, Part Gulf View
  • Has water view: Yes
  • Water view: Lake,Part Gulf View
  • Waterfront features: Lake Front, Lake
Lot
  • Size: 0.39 Acres
Details
  • Parcel number: 284622T3006000120

Construction

Type & style
  • Home type: SingleFamily
  • Property subtype: Single Family Residence
Materials
  • Frame, T1-11
  • Foundation: Raised, Piling Wood
  • Roof: Fiberglass
Condition
  • Year built: 1981

Utilities & green energy

  • Sewer: Public Sewer
  • Water: Public

Community & HOA

Community
  • Subdivision: Sanibel River Estates
HOA
  • Has HOA: No
Location
  • Region: Sanibel

Financial & listing details

  • Price per square foot: $690/sqft
  • Tax assessed value: $695,004
  • Annual tax amount: $7,476
  • Date on market: 4/28/2026
  • Cumulative days on market: 141 days
  • Listing terms: BTF/Cash

Price history

DateEventPrice
6/22/2026Price change$784,000-0.6%$690/sqft
Source: Sanibel And Captiva Island AOR #2260429 Report a problem
6/15/2026Price change$789,000-0.6%$695/sqft
Source: Sanibel And Captiva Island AOR #2260429 Report a problem
6/8/2026Price change$794,000-0.6%$699/sqft
Source: Florida Gulf Coast MLS #2026019677 Report a problem
4/28/2026Listed for sale$799,000+1.1%$703/sqft
Source: Sanibel And Captiva Island AOR #2260429 Report a problem
3/28/2025Sold$790,000-1.1%$695/sqft
Source: Sanibel And Captiva Island AOR #2240996 Report a problem
3/14/2025Pending sale$799,000$703/sqft
Source: Sanibel And Captiva Island AOR #2240996 Report a problem
3/8/2025Price change$799,000-3%$703/sqft
Source: Sanibel And Captiva Island AOR #2240996 Report a problem
2/23/2025Price change$824,000-5.3%$725/sqft
Source: Sanibel And Captiva Island AOR #2240996 Report a problem
2/14/2025Price change$869,990-0.6%$766/sqft
Source: Sanibel And Captiva Island AOR #2240996 Report a problem
1/3/2025Price change$875,000-5.3%$770/sqft
Source: Sanibel And Captiva Island AOR #2240996 Report a problem
12/20/2024Listed for sale$924,000+112.4%$813/sqft
Source: SWFLMLS #224101601 Report a problem
1/16/2015Sold$435,000-12.8%$383/sqft
Source: Public Record Report a problem
4/10/2014Listed for sale$499,000$439/sqft
Source: RE/MAX of the Islands #214021188 Report a problem
5/12/2012Listing removed$1,750$2/sqft
Source: American Brokers Realty Group Inc #201215124 Report a problem
4/16/2012Listed for rent$1,750$2/sqft
Source: American Brokers Realty Group Inc #201215124 Report a problem

Public tax history

YearProperty taxesTax assessment
2025$7,476 +3.3%$531,772 +3.4%
2024$7,235 +3.4%$514,466 +3%
2023$6,999 +7.1%$499,482 +3%
2022$6,535 -0.5%$484,934 +3%
2021$6,570 +0.6%$470,810 +1.4%
2020$6,533 -9.7%$464,310 -2.4%
2019$7,231 $475,610 -1.2%
2018$7,231 -3%$481,266 -2.3%
2017$7,455 -1.2%$492,570 +16.7%
2016$7,545 +10.5%$422,214 -1.7%
2015$6,826 -3.7%$429,588 +3.2%
2014$7,087 -1.1%$416,307 +18.2%
2013$7,164 +18.7%$352,299 +8.5%
2012$6,036 +2.9%$324,783 +5.1%
2011$5,866 -1.8%$309,161 +0.7%
2010$5,971 +2.4%$306,980 -6%
2009$5,831 +73.6%$326,690 -14%
2007$3,359 -2.2%$379,830 +20.1%
2006$3,436 +5.3%$316,130 +21.1%
2004$3,262 +1.4%$261,010 +1.7%
2003$3,216 +0.6%$256,580 +14.6%
2002$3,196 $223,980 +33%
2000-- $168,460

Find assessor info on the county website

Monthly payment

Est. payment
$5,011/mo
Principal & interest
$4096
Property taxes
$915
More affordability toolsChevron Right

Estimated market value

$736,900

$700,000 - $774,000

Not available

Climate risks

Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.

Neighborhood: 33957

Nearby schools

The Sanibel School
Grades PK-81 miles
10/10
GreatSchools® Rating
Test Score Rating
10/10
Student Progress Rating
9/10
Cypress Lake High School
Grades 9-1214.7 miles
5/10
GreatSchools® Rating
Test Score Rating
4/10
College Readiness Rating
6/10
Student Progress Rating
4/10
South Fort Myers High School
Grades 9-1217.6 miles
2/10
GreatSchools® Rating
Test Score Rating
2/10
College Readiness Rating
2/10
Student Progress Rating
1/10