Elevated luxury retreat on coveted Useppa Island in the aquatic preserve of Pine Island Sound. Sitting well above the flood zone, this updated 5BR/5+2 BA home offers long water views, lush privacy, and exceptional amenities. Enjoy 97’ of waterfront with white-sand beach and riparian rights, plus a private dock with two lifts and additional space for a larger boat. A 40’ lap pool with expansive decking overlooks the Sound, surrounded by mature landscaping on one of the highest elevation points in Lee County. Interiors blend contemporary updates with Old Florida charm. Light-filled principal rooms capture stunning views throughout. The main-floor primary suite includes views of the Sound, an unsuite, walk-in closet and a private staircase to two offices/studios and multiple furnished outdoor retreats. Spacious water view kitchen with Sub-Zero fridge, double ovens, and new custom cabinets and stone countertops. Upper level offers two king guest suites with soaring ceilings, dedicated baths, and access to a 670 SF Sound-view deck and a 225 SF front deck overlooking the Useppa Palm Garden. Lower level includes a queen suite and a 4-twin bunk room for guests. Whole-home generator, hurricane protection, new AC equipment with a dedicated mechanical room and a separate golf cart garage and workshop. Offered turnkey with golf cart and most furnishings. Perfect for seasonal or full-time island living with excellent rental opportunities. Located on the southern end of the island, along the historic Pink Path and overlooking the Sound, you can keep an eye on your boat at the dock just behind the house.
Coves Edge cottage is in the boating community of Useppa Island. The 110-acre Sanctuary is a private community and members-only club. With no need for gates or walls, it is surrounded by water, in the pristine Pine Island Sound and Charlotte Harbor aquatic preserves. Geographically it is in the same chain of barrier islands as Sanibel-Captiva, visible to the south, although one island east of the Gulf of America. Accessible only by boat (or aircraft), the commute to the mainland is in a special class of its own. Just a 15-minute joyful boat ride will deliver you to Boca Grande or Pine Island, and thence to all “civilized” conveniences of the mainland. The commute is special in a way that you will never tire of it. Just think-you are not stuck in traffic, or waiting for a light to change, fretting over the packed roads ahead. You are just watching the dolphins play and the birds dive, waving to passing boats with smiling passengers. Yes, not like the mainland! You might be sitting next to one of your Useppa neighbors, who has all their goods delivered to the Shore Port, where the staff will transport them to the island, and her home. Who said it is inconvenient when you don’t have roads? And this beautiful home will let you join the ranks of the smart and lucky who have already landed on Useppa as a lifestyle choice.
Active
Price cut: $250K (3/19)
$3,575,000
218 Useppa Is, Useppa Island, FL 33921
5beds
5,000sqft
Est.:
Single Family Residence
Built in 1989
0.37 Acres Lot
$-- Zestimate®
$715/sqft
$1,622/mo HOA
What's special
- 36 days |
- 206 |
- 6 |
Zillow last checked: 7 hours ago
Listing updated: March 18, 2026 at 07:44pm
Listed by:
Brian McColgan 239-410-7850,
UIP Property Company LLC
Source: Florida Gulf Coast MLS,MLS#: 2026007837
Originating MLS: Florida Gulf Coast
Originating MLS: Florida Gulf CoastTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 7
- Full bathrooms: 5
- 1/2 bathrooms: 2
Rooms
- Room types: Bathroom, Den, Family Room, Guest Quarters, Great Room, Office, Other, Workshop
Primary bedroom
- Description: Master Bedroom
- Dimensions: 18.00 x 15.00
Bedroom
- Description: Bedroom
- Dimensions: 15.00 x 11.00
Bedroom
- Description: Bedroom
- Dimensions: 13.00 x 12.00
Bedroom
- Description: Bedroom
- Dimensions: 11.00 x 13.00
Bedroom
- Description: Bedroom
- Dimensions: 13.00 x 19.00
Den
- Description: Den
- Dimensions: 21.00 x 16.00
Great room
- Description: Great Room
- Dimensions: 28.00 x 20.00
Kitchen
- Description: Kitchen
- Dimensions: 13.00 x 17.00
Screened porch
- Description: Lanai
- Dimensions: 45.00 x 13.00
Heating
- Central, Electric, Zoned
Cooling
- Central Air, Ceiling Fan(s), Electric, Humidity Control, Zoned
Appliances
- Included: Double Oven, Dryer, Dishwasher, Electric Cooktop, Freezer, Disposal, Ice Maker, Microwave, Refrigerator, RefrigeratorWithIce Maker, Self Cleaning Oven, Tankless Water Heater, Wine Cooler, Washer, Water Purifier
- Laundry: Inside, Laundry Tub
Features
- Wet Bar, Breakfast Bar, Built-in Features, Bedroom on Main Level, Separate/Formal Dining Room, Dual Sinks, Family/Dining Room, Living/Dining Room, Multiple Shower Heads, Shower Only, Separate Shower, Bar, Walk-In Closet(s), High Speed Internet, Home Office, Split Bedrooms, Workshop, Bathroom, Den, Family Room, Guest Quarters, Great Room, Office, Other, Workshop
- Flooring: Laminate, Wood
- Furnished: Yes
Interior area
- Total structure area: 8,827
- Total interior livable area: 5,000 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Attached, Underground, Electric Vehicle Charging Station(s), Garage, Golf Cart Garage, Two Spaces, Garage Door Opener
- Attached garage spaces: 2
Features
- Patio & porch: Balcony, Deck, Open, Porch
- Exterior features: Deck, Outdoor Grill, Outdoor Shower, Shutters Electric, Awning(s)
- Has private pool: Yes
- Pool features: Gas Heat, Heated, Vinyl
- Has view: Yes
- View description: Bay
- Has water view: Yes
- Water view: Bay
- Waterfront features: Bayfront
Lot
- Size: 0.37 Acres
- Dimensions: 167 x 125 x 91 x 175
- Features: Oversized Lot
Details
- Parcel number: 0944210100002.0180
- Lease amount: $0
- Zoning description: RM-2
- Other equipment: Generator, Satellite Dish
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Multi-Level
- Property subtype: Single Family Residence
Materials
- Vinyl Siding, Wood Frame
- Foundation: Pillar/Post/Pier
- Roof: Metal
Condition
- Resale
- Year built: 1989
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Not Available, Natural Gas Available, High Speed Internet Available, Underground Utilities
Community & HOA
Community
- Features: Boat Facilities, Tennis Court(s), Street Lights
- Security: Smoke Detector(s)
- Condo and coop fee: $0
- Membership fee: $504 monthly
- Subdivision: USEPPA ISLAND
HOA
- Has HOA: Yes
- Amenities included: Bocce Court, Marina, Fitness Center, Private Membership, Restaurant, Spa/Hot Tub, Sidewalks, Tennis Court(s), Trail(s), Management
- Services included: Association Management, Legal/Accounting, Recreation Facilities, Reserve Fund, Road Maintenance, Street Lights, Trash
- HOA fee: $1,622 monthly
- HOA phone: 239-283-1061
Location
- Region: Useppa Island
Financial & listing details
- Price per square foot: $715/sqft
- Tax assessed value: $388,057
- Annual tax amount: $6,055
- Date on market: 2/14/2026
- Cumulative days on market: 103 days
- Listing terms: Cash
- Ownership: Single Family
- Road surface type: Gravel, Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/19/2026 | Price change | $3,575,000-6.5%$715/sqft |
Source:  Florida Gulf Coast MLS #2026007837 Report a problem | ||
| 2/14/2026 | Listed for sale | $3,825,000+2%$765/sqft |
Source: Florida Gulf Coast MLS #2026007837 Report a problem | ||
| 2/13/2026 | Listing removed | $3,750,000$750/sqft |
Source: Florida Gulf Coast MLS #2025023738 Report a problem | ||
| 12/8/2025 | Listed for sale | $3,750,000$750/sqft |
Source: Florida Gulf Coast MLS #2025023738 Report a problem | ||
| 11/3/2025 | Listing removed | $3,750,000$750/sqft |
Source: Florida Gulf Coast MLS #224100766 Report a problem | ||
| 12/12/2024 | Listed for sale | $3,750,000-21.1%$750/sqft |
Source:  SWFLMLS #224100766 Report a problem | ||
| 8/2/2024 | Listing removed | -- |
Source: SWFLMLS #224024563 Report a problem | ||
| 3/17/2024 | Listed for sale | $4,750,000+313%$950/sqft |
Source: SWFLMLS #224024563 Report a problem | ||
| 4/22/2021 | Sold | $1,150,000-38.5%$230/sqft |
Source: Public Record Report a problem | ||
| 7/4/2014 | Listing removed | $1,870,000$374/sqft |
Source: Michael Saunders & Company #201323709 Report a problem | ||
| 2/10/2014 | Listed for sale | $1,870,000+1.1%$374/sqft |
Source: Michael Saunders & Company #201323709 Report a problem | ||
| 7/20/2009 | Sold | $1,850,000$370/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,055 -62.5% | $388,057 -56.9% |
| 2024 | $16,153 +24.2% | $900,131 +10% |
| 2023 | $13,006 -62.9% | $818,301 -64.2% |
| 2022 | $35,015 +63.6% | $2,283,859 +50% |
| 2021 | $21,400 -1.2% | $1,522,722 +1.4% |
| 2020 | $21,663 +1.3% | $1,501,698 -18.3% |
| 2019 | $21,382 | $1,837,071 +27.5% |
| 2018 | $21,382 +1% | $1,440,564 +2.1% |
| 2017 | $21,179 -1.1% | $1,410,934 -19% |
| 2016 | $21,419 +0.7% | $1,741,689 -6.2% |
| 2015 | $21,279 -2.8% | $1,857,016 +13.1% |
| 2014 | $21,886 -0.7% | $1,642,389 +14.5% |
| 2013 | $22,032 +5.9% | $1,433,971 +7.6% |
| 2012 | $20,812 +2.5% | $1,332,954 +4.1% |
| 2011 | $20,295 -8.6% | $1,280,463 -6.5% |
| 2010 | $22,205 +77.7% | $1,370,014 -3% |
| 2009 | $12,497 +11.6% | $1,412,640 -8.5% |
| 2007 | $11,200 -2.9% | $1,544,530 -3.9% |
| 2006 | $11,532 -9% | $1,606,780 +19.1% |
| 2004 | $12,667 -3.4% | $1,348,830 +11.5% |
| 2003 | $13,115 +14.1% | $1,209,780 -5.2% |
| 2002 | $11,491 | $1,275,760 +42.8% |
| 2000 | -- | $893,310 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$23,350/mo
Principal & interest
$17557
Property taxes
$4171
HOA Fees
$1622
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Climate risks
Neighborhood: Useppa Island
Nearby schools
GreatSchools rating
- 9/10The Sanibel SchoolGrades: PK-8Distance: 15.9 mi
- 3/10Mariner High SchoolGrades: 9-12Distance: 12.9 mi
- 3/10Ida S. Baker High SchoolGrades: 9-12Distance: 13.2 mi
Local experts in 33921
- Florida
- Lee County
- Bokeelia
- 33921
- Useppa Island
- 218 Useppa Is
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