$1,195,000
3 Bed SingleFamilyResidence for Sale in Gulf Pines
4209 Old Banyan Way, Sanibel, FL, 33957
About this home
Nestled within the highly sought-after Gulf Pines community, this charming 3-bedroom, 2.5-bath home offers the perfect blend of privacy, nature, and timeless Sanibel character. Tucked away among lush native vegetation, Gulf Pines is known for its peaceful setting, Old Florida feel, and spacious homesites—creating a true island retreat. Step inside and discover a comfortable and inviting layout designed for easy coastal living, with generous living spaces and a natural flow that makes both everyday living and entertaining a breeze. Whether you’re hosting friends or enjoying a quiet evening at home, this residence captures the relaxed elegance that defines life on Sanibel. Gulf Pines residents enjoy exclusive access to a beautifully maintained community clubhouse—perfect for gatherings and social events—Two swimming pools, as well as tennis courts for an active island lifestyle. Meandering paths wind through the neighborhood, leading you directly to one of Sanibel’s most breathtaking stretches of beach, where shelling, sunsets, and the soothing sound of the Gulf become part of your daily routine. Living here means embracing the very best of the Sanibel lifestyle—morning bike rides along scenic paths, afternoons on the beach, and evenings surrounded by nature’s beauty. If you’ve been searching for a home that offers both tranquility and connection to everything that makes Sanibel so special, this Gulf Pines gem is your opportunity to start. Helping you live the sunshine you’ve been dreaming of!
Property details
- Type
- SingleFamilyResidence
- Year built
- 1989
- Interior
- 2,146 sqft
- Lot size
- 15,638.04 sqft
- Acreage
- 0.36 acres
- Garage
- 2 car
- Days on market
- 69
- Total association fees
- $1,825/yr (~$152/mo)
- CDD
- None
- Est. taxes (1.4%)
- $16,730/yr
- Flood zone (area est.)
- Not available
- Storm protection
- Impact Windows/Doors
- Exposure
- West
- 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
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
What the association dues cover, per the MLS. Confirm the full schedule with the HOA.
Amenities
Based on the $/sqft of 3 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.
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Your notes on this home
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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 |
|---|---|---|---|---|---|
| 4460 Waters Edge Lane | Feb 2026 | $1,310,000 | 3/2 | 2,051 | $639 |
| 931 Snowberry Lane | Feb 2026 | $1,250,000 | 4/4 | 2,222 | $563 |
| 4731 Ruelle | Apr 2026 | $925,000 | 3/2 | 2,006 | $461 |
| Average | 3 comps | $1,161,667 | $554 |
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 $55,000 (4.4%) from the original list price.
| Jun 23, 2026 | Price reducedfrom $1,250,000 | $1,195,000 |
| Apr 15, 2026 | Listed | $1,250,000 |
The good, the trade-offs & the location
- Storm protection: Impact Windows/Doors
- 2-car garage
- Built 1989 — 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.