2 Bed Waterfront Home for Sale in Sanibel
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SoldMLS# 225008261

$995,000

2 Bed Waterfront Home for Sale in Sanibel

2605 Wulfert Road 5, Sanibel, FL, 33957

2 beds2.5 baths2,815 sqft
GolfTennisCommunity PoolWaterfront

About this home

Sanctuary top-floor Golf Village condo, unlike any other! This completely remodeled 2 Bd + Den, 2.5 Bth, 2,800+ sqft residence offers panoramic lake, mangrove, and golf course views that are truly breathtaking. The traditional 2 Bd layout has been transformed by removing the kitchen-living room wall, creating an open, inviting space perfect for entertaining. The kitchen boasts a commercial-grade fridge, induction cooktop, and fridge/freezer/wine chiller drawer. Wood plank tile flows throughout, adding a warm, island-inspired vibe. The primary retreat features large windows with endless views, flooding the space with natural light, and a spa-like bath for ultimate luxury. The guest room includes an ensuite bath and private balcony, ideal for visitors. An enclosed den with curved windows serves as a perfect office or extra sleeping area. The expansive great room opens to a wraparound glass-enclosed lanai, showcasing the Sanctuary’s stunning beauty. Under-building parking and storage add convenience to this exceptional offering.

Property details

Type
Condominium
Year built
1994
Interior
2,815 sqft
Lot size
Not specified
Acreage
Not specified
Garage
None
Days on market
444
Total association fees
$28,876/yr (~$2,406/mo)
CDD
None
Est. taxes (1.4%)
$13,930/yr
Flood zone (area est.)
Not available
Storm protection
None listed
Exposure
West
Waterfront
Yes
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Public
Sewer
Public Sewer
New construction
No
Pets
Call, Conditional
County
Lee

Total association fees sums the core association dues the MLS feed provides (HOA, condo/master association, and land lease), normalized to a yearly figure. These are separate from and additional to specialty charges, mandatory club or food-and-beverage minimums, special assessments, and rec-lease fees, which the IDX feed does not carry. Always confirm the full fee schedule with the HOA or listing agent.

Maintenance included in the fee

AssociationManagementInsuranceLegalAccountingMaintenanceGroundsMaintenanceStructurePestControlReserveFundSewerTrashWater

What the association dues cover, per the MLS. Confirm the full schedule with the HOA.

Amenities

PoolSpaHotTubManagement
Not yet ratedNot enough comparable sales nearby to rate this home's price yet.

We rate a home against recently SOLD homes within ~1 mile that match on size, beds/baths, and age. This home doesn't have enough close comparables in the last 12 months for a reliable read, ask Rick for a personalized CMA.

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Market trends, Sanibel

Median list
$965,000
Median $/sqft
$607
Median sold (90d)
$881,000
Avg days on market
178
Active listings
242
Median sold price · Sanibel
$881,000last 3 months16.1% vs $1,050,000 prior 3 months
Median closed price by month · Sanibel
4.1% MoM3.3% YoY
$458k$879k$1.3MJul ’25Aug ’26
$885,000Aug ’26 · 23 sales

Median of closed MLS sales each month over the available window. Months with too few sales are omitted; the range extends automatically as more sales close.

Live area medians from the MLS · see all listings. Indicative, not an appraisal.

Price & status history

Down $275,000 (23.4%) from the original list price.

Jul 1, 2026Sold$900,000
Apr 22, 2026Price reducedfrom $1,075,000$995,000
Mar 30, 2026Back on market
Jan 22, 2025Listed$1,175,000

The good, the trade-offs & the location

Pros
  • Waterfront
Consider
  • Built 1994 — pre-2002 construction may carry older wind codes and higher insurance
  • No garage listed
  • Higher association fees (~$28,876/yr)
Location convenienceModerate
Hospital
17.3 mi
Cape Coral Hospital
Beach
4.7 mi
Sanibel Island
Airport
20.2 mi
Page Field (Fort Myers)
Shopping
18.2 mi
Coralwood / Merchants Crossing (Cape)

Straight-line distances to major SWFL amenities, approximate; actual drive times vary.

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Listing information is provided in part by the Florida Gulf Coast Multiple Listing Service (MLS) through its Broker Reciprocity / Internet Data Exchange (IDX) program. Properties displayed may be listed by brokerages other than SWFL Relocation Team. Data is deemed reliable but is not guaranteed accurate by the MLS or this brokerage and should be independently verified. Fees, flood zones, taxes, square footage, and school assignments are estimates from the feed and must be confirmed. © 2026 SWFL Relocation Team. All rights reserved.