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Sold for $1,250,000
  • $1,250,000

    517 Lake Murex Cir, Sanibel, FL 33957

    4beds
    3,072sqft
    Single Family Residence
    Built in 2001
    0.87 Acres Lot
    $1,249,700 Zestimate®
    $407/sqft
    $6,443 Estimated rent

    Home value

    $1,249,700

    $1.11M - $1.40M

    $6,443/mo

    Zestimate® history
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    What's special

    This spacious and beautifully designed elevated lakefront home offers over 3,072 square feet under air, providing comfort and versatility for a retired couple or growing family. The layout features three bedrooms, three full baths, and a loft, along with a formal dining room that can serve as a den or fourth bedroom, making the home adaptable to a variety of needs. The residence sits on an eco-friendly, oversized park-like lot across from protected conservation land. Enjoy breathtaking sunsets over the 17-acre lake from the screen-in porch and lanai, or relax by the large swimming pool and spa, complete with solar heater and waterfall. The home boasts cathedral ceilings, an eat-in kitchen with granite countertops, and a bright open feel throughout. The finished first floor, featuring impact patio doors and a concrete block foundation, is ideal for an art studio, hobbies, or even an entertainment space. Practical upgrades include a new metal roof, new air conditioning units, and extra clearance impact garage doors for the 3 1/2 car finished garage. The location is equally impressive with HOA tennis and pickleball courts and a short walk to the beach access, making this an exceptional property in a peaceful and highly desirable neighborhood. Square footage is believed to be correct but Buyer to verify.

    Zillow last checked: 7 hours ago

    Listing updated: March 27, 2026 at 06:17am

    Listed by:

    Karen Bell 239-851-0168,

    Michael Saunders & Company

    Bought with:

    Jennifer McSorley, 3139956

    Pfeifer Realty Group LLC

    Source: Sanibel And Captiva Island AOR,MLS#: 2251263MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Primary bedroom
    • Features: Porch, Walk-In Closet(s)
    Primary bathroom
    • Features: Shower/Tub Combo, Tile
    Heating
    • Central
    Cooling
    • Ceiling Fan(s), Central Air, See Remarks
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer, Water Heater
    Features
    • Eat-in Kitchen, Storage, High Ceilings, Cathedral Ceiling(s), Split Bedrooms
    • Flooring: Carpet, Luxury Vinyl, Tile
    • Doors: French Doors, Sliding Doors, Wind Rated Garage Door
    • Windows: Casement, Single Hung
    • Has fireplace: No
    Interior area
    • Total structure area: 7,236
    • Total interior livable area: 3,072 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: 3+ Garage, Garage Door Opener
    • Has garage: Yes
    Features
    • Patio & porch: Screened, Wood Deck, Porch
    • Exterior features: Storage
    • Has private pool: Yes
    • Pool features: In Ground, Solar Heat, See Remarks, Private
    • Spa features: Spa
    • Has view: Yes
    • View description: Lake, Sanctuary
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Lake Front, Beach Access, Near Beach, Lake
    Lot
    • Size: 0.87 Acres
    • Features: Interior Lot, Irregular Lot
    Details
    • Parcel number: 274622T4007000180

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Old Florida
    • Property subtype: Single Family Residence
    Materials
    • Block, Frame, Stucco, Vinyl Siding
    • Foundation: Raised, Slab
    • Roof: Metal
    Condition
    • Year built: 2001

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    Green energy
    • Energy generation: Solar

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s)
    Community
    • Community features: Pickleball, Tennis Court(s)
    Location
    • Region: Sanibel
    • Subdivision: Little Lake Murex

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $450 annually
    • Association phone: 708-306-1892

    Other

    Other facts
    • Listing terms: BTF/Cash
    • Road surface type: Paved

    Price history

    DateEventPrice
    3/27/2026Sold$1,250,000-7.3%$407/sqft
    Source: Sanibel And Captiva Island AOR #2251263 Report a problem
    2/9/2026Pending sale$1,349,000$439/sqft
    Source: Florida Gulf Coast MLS #2025025389 Report a problem
    2/9/2026Contingent$1,349,000$439/sqft
    Source: Sanibel And Captiva Island AOR #2251263 Report a problem
    12/18/2025Listed for sale$1,349,000-10%$439/sqft
    Source: Sanibel And Captiva Island AOR #2251263 Report a problem
    5/12/2025Listing removed$1,499,000$488/sqft
    Source: Sanibel And Captiva Island AOR #2240143 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$12,035 +3.3%$855,388 +3.5%
    2024$11,648 +2.6%$826,383 +3%
    2023$11,352 +5.4%$802,314 +3%

    Find assessor info on the county website

    Neighborhood: 33957

    Nearby schools

    GreatSchools rating
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    $1,249,700
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    +$24,994
    With Zillow Showcase(estimated)
    $1,274,694