For Sale Townhome MLS# 225060952

5438 Shearwater DR

SANIBEL, FL 33957

$1,625,000

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About 5438 Shearwater DR

Elevated Coastal Living at Shearwater | Sanibel Island Experience a rare offering on Sanibel Island — an expansive luxury residence that delivers the privacy and square footage of a single-family home with the ease and refinement of upscale condominium living. Located within close proximity to the prestigious golf and beach community of The Sanctuary, this exceptional Shearwater residence offers generous living spaces, high ceilings, and thoughtfully designed interiors ideal for those who desire room to entertain without the full-time demands of estate ownership. With few properties on Sanibel offering this combination of size, amenities, and low-maintenance convenience, Shearwater represents a truly unique market opportunity. Designed for the discerning buyer — whether transitioning from a larger Captiva estate, seeking proximity to championship golf, or simply wanting refined coastal living near the beach — this residence checks nearly every box. Golf enthusiasts will appreciate close access to The Sanctuary Golf Club’s private championship course, while beach lovers are moments from Sanibel’s world-renowned shoreline, shelling beaches, and Gulf sunsets. Spacious indoor-outdoor living areas allow for effortless entertaining, seasonal hosting, and relaxed island living. Within the gated Shearwater community, residents enjoy an elevated coastal lifestyle with access to pickleball and tennis courts, a kayak launch area, a fishing pier, and deeded beach access with convenient golf cart parking — thoughtfully designed to embrace the island’s outdoor, water-centric way of life. Shearwater appeals to: • Golfers wanting immediate access to premier fairways • Beachcombers who value privacy and proximity to the Gulf • Single-family homeowners ready to simplify without downsizing dramatically • Luxury condo owners looking for significantly more square footage • Captiva residents seeking a refined Sanibel alternative This is not just another property — it is a different product entirely. A rare intersection of space, amenities, prestige, and ease. Shearwater offers an unmatched lifestyle proposition on Sanibel Island.

Property details

Property

Type
Townhouse
MLS type
Townhouse
Status
Active
Year built
1990
Stories
2
Living area
2,460 sqft
Price / sqft
$661
Lot
0.071
Full baths
3
Half baths
1
Furnished
Partially
Original price
$1,795,000
MLS #
225060952

Interior

Features
true, Ceiling Fan(s), Central Electric, Dining - Family, Built-In Cabinets, Cathedral Ceiling(s), Closet Cabinets, French Doors, Wet Bar, Laundry Tub, Pantry, Smoke Detectors, Tray Ceiling(s), Vaulted Ceiling(s), Volume Ceiling, true, Central Electric, Laundry in Residence, Laundry Tub, Carpet, Tile, Electric Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator/Icemaker, Self Cleaning Oven, Wall Oven, Washer, Wine Cooler
Appliances
Electric Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator/Icemaker, Self Cleaning Oven, Wall Oven, Washer, Wine Cooler
Flooring
Carpet, Tile
Heating
true, Central Electric
Cooling
true, Ceiling Fan(s), Central Electric
Laundry
Laundry in Residence, Laundry Tub

Exterior & lot

Features
Community, Two Story, Townhouse, Tennis Court(s), Community, 2 Assigned, Golf Cart, Attached, Parking spaces: 2
Construction
Concrete Block, Stucco, Vinyl Siding, 2, Concrete Block, Built-Up, Shingle
Roof
Built-Up, Shingle
Foundation
Concrete Block
Lot
Gulf, Mangroves, View, HERONS LANDING PHASE II UNIT F TRACT E AS DESC IN OR 2158/3489, 13-46-21-T2-00400.E0F0, Architectural, Deeded
View
Gulf, Mangroves
Pool
Community
Waterfront
Lagoon, Mangrove
Parking
2 Assigned, Golf Cart, Attached
Garage spaces
2

Schools

District
Lee County School District
Elementary
SCHOOL OF CHOICE
Middle
SCHOOL OF CHOICE
High
SCHOOL OF CHOICE

Utilities

Utilities
Central
Water
Central
Security
Security System, Smoke Detector(s), Gated Community

Financial

HOA
Yes
Financial
Florida Gulf Coast
Annual tax
$10,584
Tax year
2024
Parcel
13-46-21-T2-00400.E0F0
Legal
HERONS LANDING PHASE II UNIT F TRACT E AS DESC IN OR 2158/3489

Location

Subdivision
HERONS LANDINGS I
Area
HERONS LANDING
County
Lee
Neighborhood
Heron's Landing
Community
Lee, Gravel, Unpaved Road, Beach Access, Pool, Fishing Pier, Internet Access, Pickleball, Tennis Court(s), 15428.0, Quarterly, Florida Gulf Coast

Location

Neighborhood
Heron's Landing
Subdivision
HERONS LANDINGS I
School district
Lee County School District

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Listed by Becky Mulka, Royal Shell Real Estate, Inc.

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.