$750,000
3 Bed Waterfront Home for Sale in Sanibel, FL, $750,000
5307 Ladyfinger Lake Road, Sanibel, FL, 33957
About this home
Tucked away at the end of a quiet cul-de-sac in Sanibel Bayous, and part of The Ridge, a smaller community within the Bayous, where a few homes share the community pool and tennis courts. This 3-bed, 3-bath home offers exceptional privacy, nature views, and island charm. Featuring vaulted ceilings, skylights, Mexican tile floors, and a wood-burning fireplace that opens to a bright Florida room, the home blends comfort and character throughout. Located just steps from the private neighborhood path leading 0.4 mile to Bowman’s Beach, and only a few houses from the community pool and tennis courts, the setting is quiet, coastal, and ideal for enjoying the outdoors. Recent updates include a new roof (2022), new garage doors (2023), a split floor plan, and a spacious two-car garage. Two primary suites with spa-style bathrooms and large closets offer privacy for owners and guests, while a third bedroom is perfect for family or visitors. Whether you’re seeking a full-time residence or a seasonal island escape from northern winters, this home captures the essence of relaxed Sanibel living—surrounded by nature and just minutes from the beach.
Property details
- Type
- SingleFamilyResidence
- Year built
- 1986
- Interior
- 2,017 sqft
- Lot size
- 26,223.12 sqft
- Acreage
- 0.60 acres
- Garage
- 2 car
- Days on market
- 146
- Total association fees
- $2,952/yr (~$246/mo)
- CDD
- None
- Est. taxes (1.4%)
- $10,500/yr
- Flood zone (area est.)
- Not available
- Storm protection
- Impact Windows/Doors
- Exposure
- East
- Waterfront
- Yes
- 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 |
|---|---|---|---|---|---|
| 4731 Ruelle | Apr 2026 | $925,000 | 3/2 | 2,006 | $461 |
| 2441 Shop Road | Mar 2026 | $799,000 | 4/3 | 2,021 | $395 |
| 1043 Blue Heron Drive | Dec 2025 | $805,000 | 3/3 | 2,153 | $374 |
| Average | 3 comps | $843,000 | $410 |
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 $60,000 (8%) from the original list price.
| Apr 20, 2026 | Sold | $690,000 |
| Oct 31, 2025 | Listed | $750,000 |
The good, the trade-offs & the location
- Waterfront
- Storm protection: Impact Windows/Doors
- 2-car garage
- Built 1986 — 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.