3 Bed 2 Bath Pool SingleFamilyResidence for Sale in GUMBO LIMBO, FL
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SoldMLS# 225013679

$775,000

3 Bed 2 Bath Pool SingleFamilyResidence for Sale in GUMBO LIMBO, FL

1538 Wilton Lane, Sanibel, FL, 33957

3 beds2 baths1,966 sqft2 garage
Gated

About this home

MAJOR PRICE IMPROVEMENT-SELLER MOTIVATED TO SELL! This meticulously maintained 2006 home is the NEWEST AND CHEAPEST STILT BUILT POOL HOME on the market in this sought-after Sanibel community and meets the latest hurricane code standards for peace of mind. Thoughtfully updated and move-in ready, this home boasts a freshly painted interior and exterior, a brand-new pool pump, and upgraded composite wood front entry steps for lasting durability. Step inside and be captivated by the light-filled, open-concept design featuring 1,966 sq. ft. of airy living space. The upper level offers three spacious bedrooms and two bathrooms, seamlessly blending comfort and style while the lower level is a blank canvas of massive open space to take advantage of. The chef’s kitchen, complete with sleek appliances and ample counter space, flows effortlessly into the inviting living area—perfect for entertaining or unwinding after a day at the beach. Enjoy the best of Florida living with an oversized, sun-drenched saltwater pool, framed by a two-story screened lanai that invites year-round relaxation. Take in serene views from the upper deck or host unforgettable gatherings on the lower level, surrounded by tropical beauty. Designed for both luxury and resilience, this home features hurricane impact windows, a durable metal roof, and elevated stilt built construction to get those lower insurance rates. With no outstanding insurance claims and minimal storm impact, you can move in with confidence and start enjoying the island lifestyle immediately. Sanibel’s pristine beaches, scenic bike paths, and world-class golf courses are just moments away, offering an unparalleled blend of relaxation and adventure. Whether you're looking for a full-time residence or a seasonal escape, this is your chance to own a piece of paradise!

Property details

Type
SingleFamilyResidence
Year built
2006
Interior
1,966 sqft
Lot size
15,638.04 sqft
Acreage
0.36 acres
Garage
2 car
Days on market
173
Total association fees
$250/yr (~$21/mo)
CDD
None
Est. taxes (1.4%)
$10,850/yr
Flood zone (area est.)
Not available
Storm protection
Impact Windows/Doors
Exposure
South
Waterfront
No
Gulf access
No
Gulf access type
N/A
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.

Maintenance included in the fee

RoadMaintenance

What the association dues cover, per the MLS. Confirm the full schedule with the HOA.

Below marketThis home is priced below comparable recent sales — a potential value.
This home
$394/sqft
Comp median
$437/sqft
Difference
-10%

Based on the $/sqft of 7 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.

AddressSoldSold priceBeds/BathsSq ft$/sqft
1410 Albatross RoadSep 2025$825,0003/32,018$409
1874 Farm TrailOct 2025$800,0003/22,046$391
1426 Sand Castle RoadApr 2026$850,0003/21,783$477
1242 Par View DriveJun 2026$700,0003/21,864$376
1714 Atlanta Plaza DriveNov 2025$961,7144/32,048$470
1202 Sand Castle RoadFeb 2026$935,0004/22,138$437
Average6 comps$845,286$427

Market trends — Sanibel

Median list
$959,500
Median $/sqft
$614
Median sold (90d)
$972,500
Avg days on market
166
Active listings
280
Median sold price · Sanibel
$975,000last 3 months4.1% vs $936,250 prior 3 months
Median closed price by month · Sanibel
10.7% MoM88.7% YoY
$458k$879k$1.3MJul ’25Jul ’26
$863,500Jul ’26 · 10 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 $189,900 (21.1%) from the original list price.

Sep 10, 2025Sold$710,000
Aug 8, 2025Price reducedfrom $799,000$775,000
Mar 14, 2025Back on market
Feb 13, 2025Listed$899,900

The good, the trade-offs & the location

Pros
  • Built 2006 — post-2002 Florida wind codes (typically lower insurance)
  • Private pool
  • Storm protection: Impact Windows/Doors
  • 2-car garage
Location convenienceModerate
Hospital
11.8 mi
HealthPark Medical Center
Beach
3.3 mi
Sanibel Island
Airport
15.5 mi
Page Field (Fort Myers)
Shopping
13.9 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.