$784,000
2 Bed Pool Home for Sale in Sanibel River
589 Rabbit Road, Sanibel, FL, 33957
About this home
This stunning elevated island home offers the very best of coastal living, featuring a private heated pool with a dramatic two-story screened enclosure and breathtaking water views paired with unforgettable sunsets—all just minutes from the beach. Inside, a bright open-concept layout creates a spacious and inviting atmosphere. The main living area flows seamlessly onto an expansive screened lanai,effortlessly blending indoor and outdoor living while maximizing both space and comfort. Nearly every room showcases picturesque waterfront views and the surrounding natural beauty. Deeded beach access is just a short 5-minute walk at the end of the street, making it easy to enjoy Sanibel’s renowned shoreline. The property also features multiple screened decks, frequent wildlife sightings, and the rare opportunity to take in spectacular sunsets over one preserve and equally stunning sunrises over another. Extensively updated and meticulously maintained, the home includes a newer roof along with recent upgrades such as HVAC, water heater, garage doors, pool cage,luxury vinyl plank flooring, impact windows, interior doors, and composite exterior stair treads. Ideally located, you’re just moments from local favorites like Rosalita’s Cantina and the soon-to-open Bailey’s Market, as well as the Sanibel Recreation Center, J.N. “Ding” Darling National Wildlife Refuge, and miles of scenic bike paths. Impeccably cared for and move-in ready, this exceptional property captures everything that makes island living on Sanibel so special.
Property details
- Type
- SingleFamilyResidence
- Year built
- 1981
- Interior
- 1,136 sqft
- Lot size
- 16,857.72 sqft
- Acreage
- 0.39 acres
- Garage
- 2 car
- Days on market
- 58
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $10,976/yr
- Flood zone (area est.)
- Not available
- Storm protection
- Impact Windows/Doors
- Exposure
- West
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- Yes
- Spa
- No
- Natural gas
- No
- Water
- Assessment Paid
- Sewer
- Assessment Paid
- New construction
- No
- Pets
- Yes
- County
- Lee
Amenities
Based on the $/sqft of 3 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.
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Recently sold nearby
Closed comparable sales within ~1 mile in the last 12 months, similar price, size, beds/baths, and age.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 458 Lake Murex Circle | Mar 2026 | $935,000 | 3/2 | 1,301 | $719 |
| 2777 W Gulf Drive 109 | Aug 2026 | $925,000 | 2/2 | 1,276 | $725 |
| 2737 W Gulf Drive 238 | Jul 2026 | $809,000 | 2/2 | 1,007 | $803 |
| Average | 3 comps | $889,667 | $749 |
Market trends, Sanibel
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 $15,000 (1.9%) from the original list price.
| Jun 22, 2026 | Price reducedfrom $789,000 | $784,000 |
| Apr 30, 2026 | Listed | $799,000 |
The good, the trade-offs & the location
- Private pool
- Waterfront
- Storm protection: Impact Windows/Doors
- 2-car garage
- Built 1981 — pre-2002 construction may carry older wind codes and higher insurance
Straight-line distances to major SWFL amenities, approximate; actual drive times vary.
Nearby schools
Get more information on their programs, scores, and extracurriculars on each school's page · browse the full schools directory.
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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.