$1,395,000
3 Bed Pool Home for Sale in Castaway Estates
5753 Pine Tree Drive, Sanibel, FL, 33957
About this home
Stunning waterfront property offering the perfect blend of Old Florida charm and luxurious modern living. This home is situated along a navigable canal, providing direct access to the Gulf of Mexico, making it a true haven for boating enthusiasts. The home’s design complements its natural surroundings, with expansive windows and an open floor plan. The crow’s nest offers one of the most awe-inspiring features of the property: breathtaking panoramic water views of the Gulf of Mexico. The primary suite is a true retreat, offering the ultimate in comfort and luxury. The hotel-inspired en suite bathroom features a rain shower, dual vanities, and a separate make up area, all finished with high-end materials. The spacious walk-in closet is custom-designed for maximum organization, while the adjoining private gym area makes it easy to maintain a healthy lifestyle from the comfort of your own home. The gourmet chef’s kitchen is equipped with premier appliances, featuring a Wolf gas range with double ovens and a built-in stainless steel refrigerator. With three spacious bedrooms all with luxurious en suite bathrooms, this home offers plenty of room to accommodate family and guests.
Property details
- Type
- SingleFamilyResidence
- Year built
- 1982
- Interior
- 2,464 sqft
- Lot size
- 11,238.48 sqft
- Acreage
- 0.26 acres
- Garage
- None
- Days on market
- 18
- Total association fees
- $100/yr (~$8/mo)
- CDD
- None
- Est. taxes (1.4%)
- $19,530/yr
- Flood zone (area est.)
- Not available
- Storm protection
- Impact Windows/Doors, Shutters
- Exposure
- Southwest
- Waterfront
- Yes
- Gulf access
- Yes
- Gulf access type
- Direct — no bridges
- Pool
- Yes
- 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.
Amenities
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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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 |
|---|---|---|---|---|---|
| 5703 Sanibel Captiva Road | Jun 2026 | $1,300,000 | 3/2 | 2,464 | $528 |
| 2675 Wulfert Road 5 | Apr 2026 | $1,050,000 | 3/3 | 2,578 | $407 |
| Average | 2 comps | $1,175,000 | $468 |
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 $195,000 (14%) from the original list price.
| Dec 16, 2025 | Sold | $1,200,000 |
| Nov 8, 2025 | Back on market | |
| Oct 14, 2025 | Listed | $1,395,000 |
The good, the trade-offs & the location
- Private pool
- Gulf access (Direct — no bridges)
- Storm protection: Impact Windows/Doors, Shutters
- Built 1982 — pre-2002 construction may carry older wind codes and higher insurance
- No garage listed
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.