3 Bed Pool Home for Sale in Shell Harbor
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SoldMLS# 225031506

$2,950,000

3 Bed Pool Home for Sale in Shell Harbor

877 Limpet Drive, Sanibel, FL, 33957

3 beds3.5 baths3,286 sqft3 garage
GatedBoatingWaterfront

About this home

Nestled on a coveted deep-water canal basin on Sanibel Island, 877 Limpet Dr. is a boater’s paradise with luxury throughout. This elevated 3,286 sq. ft. home, remodeled in 2019 by Kennedy Const., blends modern elegance with functionality. This home is on a concrete seawall and boasts a 45ft slip designed for a 30K lb. lift, an adjacent 10K lb. lift for a fishing boat, and a 3-car-sized boat trailer garage alongside a 3-car-plus garage, both with A/C storage. Enjoy direct, no-bridge Gulf access in just 5 min. and with the services of the Sanibel Marina only 500 yds away, adventures begin at your doorstep. Inside, a great room opens to a chef’s kitchen with custom cabinetry and waterside dining area, perfect for entertaining. Other key features include European white oak floors, impact windows, powered storm shutters, a spacious rec area, pool, patio, and deeded beach parking and access a mile away. Additionally, this home has a 24KW Generac generator with two propane takes totaling 1250 gal. The 45 foot boat slip was designed for a 30K lift and has a pedestal with (2) 30amp and (2) 20amp outlets. The existing 10K lb. lift adjacent to slip has (2) 15amp outlets. Lower level has 3 mini-split units for A/C. Located on Sanibel's East end, this home is just 550 yards from Sanibel's Causeway Blvd and 1.5 miles from the Sanibel Lighthouse. Explore 25 miles of bike paths and J.N. "Ding" Darling Refuge. This waterfront gem offers unmatched design and boating amenities!

Property details

Type
SingleFamilyResidence
Year built
1998
Interior
3,286 sqft
Lot size
13,503.6 sqft
Acreage
0.31 acres
Garage
3 car
Days on market
287
Total association fees
$100/yr (~$8/mo)
CDD
None
Est. taxes (1.4%)
$41,300/yr
Flood zone (area est.)
Not available
Storm protection
Impact Windows/Doors
Exposure
East
Waterfront
Yes
Gulf access
Yes
Gulf access type
Indirect — bridges/locks
Pool
Yes
Spa
No
Natural gas
Yes
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.

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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)
$876,000
Avg days on market
175
Active listings
250
Median sold price · Sanibel
$876,000last 3 months11.2% vs $987,000 prior 3 months
Median closed price by month · Sanibel
3.5% MoM3.8% YoY
$458k$879k$1.3MJul ’25Aug ’26
$880,000Aug ’26 · 14 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 $300,000 (10.2%) from the original list price.

Apr 15, 2026Sold$2,650,000
Jan 21, 2026Back on market
Mar 26, 2025Listed$2,950,000

The good, the trade-offs & the location

Pros
  • Private pool
  • Gulf access (Indirect — bridges/locks)
  • Storm protection: Impact Windows/Doors
  • 3-car garage
Consider
  • Built 1998 — pre-2002 construction may carry older wind codes and higher insurance
Location convenienceHigh
Hospital
10.4 mi
HealthPark Medical Center
Beach
4.7 mi
Sanibel Island
Airport
14.2 mi
Page Field (Fort Myers)
Shopping
12.5 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.