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Bean Group
Offered at $2,500,000Active
beds
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baths
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sq ft
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Built
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Bay Drive

Sanibel, FL 33957

About this home

A truly extraordinary opportunity to create a legacy property on one of Sanibel Island’s most coveted addresses. Nestled along prestigious Bay Drive, this remarkable nearly 20-acre parcel offers a level of privacy, tranquility, and possibility that has become exceptionally rare. Surrounded by the island’s natural beauty and just moments from the sparkling waters of San Carlos Bay and the renowned Dunes Golf & Tennis Club, the setting is both peaceful and wonderfully convenient. Imagine a winding private drive leading to a home designed entirely around your vision—a secluded estate immersed in native vegetation, abundant wildlife, and the timeless beauty that has always made Sanibel so treasured. This is your opportunity to create a one-of-a-kind island retreat unlike anything else available. What makes this offering truly exceptional is its rarity. Sanibel’s commitment to preserving its unique environment means that very little land remains available for future residential development. Parcels of this scale are virtually unheard of, making this one of the last opportunities to own such an expansive piece of the island. Here, you can enjoy the luxury of complete privacy without sacrificing accessibility, with beaches, golf, marinas, dining, and the charming shops of Periwinkle Way all just minutes away. This is more than vacant land, a place where generations can gather, where nature sets the pace, and where your dream home becomes part of one of Florida’s most cherished island communities. Opportunities like this are exceptionally rare and unlikely to be repeated.

Listing last checked: Listing updated:

Listed by Louise Hammarberg, Jeffrey Burns · Premier Sotheby's Int'l Realty · MLS #2026030922

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Details at a glance

Building1 property facts
Style
Residential
Land & utilities3 property facts
Lot size
19.157 acres
Water
None
Sewer
None
Financial3 property facts
Annual taxes
$1,268
Assessment year
2025
HOA fee
$0 (billing period not supplied)

Location

Estimated monthly cost

Explore costs at the $2,500,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$12,747 / monthAdjust
Principal & interest
$12,641
Property tax
$106
Insurance
Not entered
HOA
$0

Listing annual taxes: $1,268. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $0.

Partial estimate: add insurance to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

Price and status timeline

  1. New

    $2,999,000 · Oct 22, 2025

  2. Sld

    $1,700,000 · Sold $1,500,000 · Jan 28, 2023

  3. Sld

    $6,395,000 · Sold $5,825,000 · Jan 1, 2020

  4. Sld

    $1,619,000 · Sold $1,450,000 · Dec 10, 2019

  5. Sld

    $1,349,000 · Sold $1,334,000 · Oct 19, 2017

  6. Sld

    $1,495,000 · Sold $1,380,000 · Aug 18, 2016

  7. Sld

    $2,995,000 · Sold $2,590,000 · Feb 15, 2016

  8. Sld

    $1,595,000 · Sold $1,322,500 · Jan 28, 2012

  9. Sld

    $895,000 · Sold $800,000 · Mar 18, 2010

  10. Sld

    $2,295,000 · Sold $1,815,000 · Sep 9, 2005

  11. Sld

    $995,000 · Sold $980,000 · Dec 4, 2001

  12. Sld

    $2,690,000 · Sold $2,300,000 · Mar 5, 2001

More property insights

Comparable properties 3 supplied

Sold Oct 1, 2026

$2,700,000

231 Trade Winds Avenue

Sold Sep 22, 2026

$2,495,000

348 Lagoon Avenue

Sold Jul 21, 2026

$2,387,500

504 Parkwood Lane

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About Bay Drive

Can I request a private showing?

Request a tour of Bay Drive and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.