3 Bed SingleFamilyResidence for Sale in Sanibel
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For SaleMLS# 2026002303

$1,699,000

3 Bed SingleFamilyResidence for Sale in Sanibel

1211 Periwinkle Way, Sanibel, FL, 33957

3 beds2.5 baths2,180 sqft3 garage
Gated

About this home

One of Sanibel’s best-kept secrets is now available! Set on an exceptionally rare .83-acre mini-compound, this structurally sound, meticulously remodeled luxury home offers an extraordinary amount of land and flexibility, perfect for Island living. There’s plenty of room for boats, RVs, trailers, toys, gardens, and more, all with easy on-and-off Island access and the Sanibel bike path adjacent to the driveway. This 3-bedroom, 2.5-bath home with bonus room and grandfathered lower-level office and full bath has been fully and thoughtfully remodeled from top to bottom, with no detail left untouched. A true contractor’s dream, the home offers easy access to plumbing and electrical systems, a full sprinkler system throughout the entire property, spray-foam insulation, and all new electrical, plumbing, windows, doors, roof, and garage doors providing peace of mind and modern efficiency. Inside, the open area style home is filled with abundant natural light and beautiful cross-breezes, flowing effortlessly from the front screened patio to the rear screened patio. Enjoy east-west exposure, with glowing sunrises from the back patio and stunning sunsets from the front. Features include designer wood plank tile flooring, vaulted ceilings, solid core doors, custom window treatments, no-see-um proof screens, and spacious built-in closets in every bedroom, including a generous primary suite with an oversized walk-in dressing room style closet. The beautifully renovated designer kitchen boasts new GE Café appliances, stone countertops, an oversized catering island, double oven, built in under counter microwave, and spacious custom cabinetry storage. The separate bar area hosts a wine refrigerator and separate sink perfect for parties and hosting guests. The primary bathroom is a private spa style retreat with double vanities, a dual entrance rainfall shower, and a modern soaking tub. The home also includes a three-car garage plus an additional side garage that is ideal for tools, tractors, and storage, along with EV-charging wiring and a generator-ready hookup. The property features a large extended circular driveway with three connected recreational vehicle parking pads, providing plenty of parking and maneuvering space. A fully fenced yard offers privacy, security, and flexibility for pets, storage, and Island toys. The entire property is monitored by a security system. The expansive grounds offer incredible future potential, with ample room to add a pool and the ability to build an attached guest suite or secondary living space with a breezeway, creating the ultimate Island compound. Land, land, land with endless possibilities! Secluded yet centrally located, this is a rare opportunity to own a fully updated home on one of the largest residential parcels along Periwinkle Way. This property is truly a hidden gem on Sanibel Island!

Property details

Type
SingleFamilyResidence
Year built
1977
Interior
2,180 sqft
Lot size
36,024.12 sqft
Acreage
0.83 acres
Garage
3 car
Days on market
70
Total association fees
None
CDD
None
Est. taxes (1.4%)
$23,786/yr
Flood zone (area est.)
Not available
Storm protection
Impact Windows/Doors
Exposure
East
Waterfront
No
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Public
Sewer
Public Sewer
New construction
No
Pets
Yes
County
Lee
Above marketThis home is priced above comparable recent sales.
This home
$779/sqft
Comp median
$660/sqft
Difference
+18%

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.

AddressSoldSold priceBeds/BathsSq ft$/sqft
734 Sand Dollar DriveMar 2026$1,520,0003/32,340$650
918 Kings Crown DriveJul 2026$1,550,0003/22,349$660
848 Limpet DriveFeb 2026$1,500,0003/22,103$713
Average3 comps$1,523,333$674

Market trends, Sanibel

Median list
$984,250
Median $/sqft
$608
Median sold (90d)
$877,000
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 · 21 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.

The good, the trade-offs & the location

Pros
  • Storm protection: Impact Windows/Doors
  • 3-car garage
Consider
  • Built 1977 — pre-2002 construction may carry older wind codes and higher insurance
Location convenienceHigh
Hospital
11.2 mi
HealthPark Medical Center
Beach
4 mi
Sanibel Island
Airport
15 mi
Page Field (Fort Myers)
Shopping
13.3 mi
Bell Tower Shops

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.