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5438 Shearwater DR, SANIBEL, FL - photo 1

$1,499,000

5438 Shearwater DR

SANIBEL, FL 33957

Estimated payment $23,583/month

includes HOA $15,428/mo · estimated tax · estimated insurance · 20% down, 6.5%, 30 yr

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3Beds
4Baths
2,460Sq Ft
$609Price/Sq Ft

Preferred partner

Kinsfolk Realty

Kinsfolk Signature Realty

Powered by Hometrino

(813) 602-0498

Highlights

HOA $15,428/mo
Garage
Built in 1990
3,093 sqft Lot

About This Home

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.

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Facts & features

Bedrooms & bathrooms

  • •Bedrooms:3
  • •Bathrooms:4 (3 full, 1 half)
  • •Full bathrooms:3
  • •Half bathrooms:1

Heating

  • •Has Heating:Yes

Interior area

  • •Total structure area:2,460 sqft
  • •Total interior livable area:2,460 sqft

Parking

  • •Parking features:N/A
  • •Garage spaces:0
  • •Has attached garage:No

Lot

  • •Size:3,093 sqft

Details

  • •Parcel number:N/A

Type & style

  • •Home type:Townhouse
  • •Property subtype:Residential

Materials

  • • N/A

Condition

  • •Year built:1990

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Price history

DateEventPrice
2025-07-04T00:00:00.000ZListed for sale$1,499,000$609/sqft

Listing Agent

Becky Mulka

Royal Shell Real Estate, Inc.

Brokerage Phone: 239-472-0078

Source: NABOR Naples · MLS #225060952

Data Powered by Home Junction, Inc.

Nearby

Beaches

Bowmans Beach

0.8 mi

Captiva Beach

4.3 mi

Sanibel Lighthouse Beach

9.1 mi

Nearby amenity locations include data © OpenStreetMap contributors.