3 Bed Pool Home for Sale in Palm Lake
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For SaleMLS# 2026022203

$1,345,000

3 Bed Pool Home for Sale in Palm Lake

283 Palm Lake Drive, Sanibel, FL, 33957

3 beds2 baths1,970 sqft2 garage
GatedBeach AccessWaterfront

About this home

Let us take you for a tour of this designer inspired open-floor plan, stair-free, light and bright home. This gorgeous home features 3 bedrooms, 2 baths plus bonus room/den with panoramic views of Palm Lake and includes a deeded beach access to the Gulf. Spacious and comfortable living room space with vaulted ceiling opening to a sleek and functional kitchen with double door stainless refrigerator/freezer, sleek flat-top stovetop and oven, white Marble countertop with white cabinetry and not to mention the pool and Lake views. Beyond the kitchen nook is the open pantry which serves as a coffee or wine bar offering an additional sink, microwave and wine cooler designed with wall of cabinets from floor to ceiling. A wow layout! Enjoy the lake views from sunrise to sunset from your newer heated spa and pool with stylish pool screen enclosure An outside paved patio surrounds you with beautiful grounds with mature vegetation. Back inside, the Primary bedroom has an en-suite bathroom with double sinks and glass enclosed shower. Off this bedroom is a flex space which can serve as a media room, den or office area. All bedrooms have room defining carpeting laid over the tile flooring.

Property details

Type
SingleFamilyResidence
Year built
1965
Interior
1,970 sqft
Lot size
17,424 sqft
Acreage
0.40 acres
Garage
2 car
Days on market
0
Total association fees
None
CDD
None
Est. taxes (1.4%)
$18,830/yr
Flood zone (area est.)
Not available
Storm protection
None listed
Exposure
South
Waterfront
Yes
Gulf access
No
Gulf access type
N/A
Pool
Yes
Spa
Yes
Natural gas
No
Water
Assessment Paid
Sewer
Assessment Paid
New construction
No
Pets
Yes
County
Lee

Amenities

BeachRightsBeachAccess
Above marketThis home is priced above comparable recent sales.
This home
$683/sqft
Comp median
$502/sqft
Difference
+36%

Based on the $/sqft of 4 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
3025 Turtle Gait LaneSep 2025$1,050,0003/22,167$485
425 Lake Murex CircleJun 2026$1,075,0003/22,073$519
218 Daniel DriveSep 2025$1,030,0003/22,124$485
213 Daniel DriveNov 2025$1,340,0004/32,140$626
Average4 comps$1,123,750$529

Market trends, Sanibel

Median list
$965,000
Median $/sqft
$607
Median sold (90d)
$881,000
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 · 23 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
  • Private pool
  • Waterfront
  • 2-car garage
Consider
  • Built 1965 — pre-2002 construction may carry older wind codes and higher insurance
Location convenienceModerate
Hospital
14.3 mi
HealthPark Medical Center
Beach
1.5 mi
Sanibel Island
Airport
18 mi
Page Field (Fort Myers)
Shopping
16.3 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.