$1,000,000
3 Bed Waterfront Home for Sale in Sanibel
1965 Roseate Lane, Sanibel, FL, 33957
About this home
PRICE REDUCTION — IT’S A BUYER’S MARKET — MOVE NOW! Shows Like a Model • Room for a Pool • Prime Sanibel Location In today’s buyer’s market, the homes that shine and are priced strategically are the ones that sell. This is your opportunity to secure an exceptional property on Sanibel Island — don’t wait. Escape to paradise in this immaculate Key West–style home overlooking a serene freshwater lake. This beautifully maintained 3-bedroom, 2-bath retreat offers relaxed coastal elegance in a central location just minutes from the beach. A dramatic entrance featuring two nine-foot etched glass doors welcomes you into a bright, open floor plan filled with natural light. Beautiful flooring and refined finishes flow throughout, creating a home that truly shows like a model. The remodeled kitchen is a showstopper — designed for entertaining with a large gathering island, crisp white cabinetry, stainless steel appliances, and stunning white and gray quartzite countertops. Both the primary and guest bathrooms have been tastefully updated with timeless, upscale finishes. Step outside to your expansive sun deck overlooking the tranquil lake — the perfect setting to unwind after a day of shelling or beachside relaxation. There is even room to add a pool, enhancing both lifestyle and value. This home offers peace of mind and practicality with: Metal roof Elevator Oversized two-car garage Man cave/workshop with abundant storage Hurricane-rated windows and doors (rated to 120 mph wind load), keeping the home bright and secure Sold turnkey furnished with beautiful, high-end coastal décor (with some exclusions), this property is move-in ready for immediate enjoyment. With strong value, thoughtful upgrades, and a prime location, this is the moment to act. In a buyer’s market, the best opportunities don’t last. Schedule your private tour today and make your move to island living.
Property details
- Type
- SingleFamilyResidence
- Year built
- 2000
- Interior
- 1,987 sqft
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- 2 car
- Days on market
- 166
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $14,000/yr
- Flood zone (area est.)
- Not available
- Storm protection
- None listed
- 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
Based on the $/sqft of 5 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.
Seeing several homes? Build a tour and we'll route it for you.
Your notes on this home
Keep private notes on this home, what you love, what to ask about, saved to your account and shared with your agent.
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 |
|---|---|---|---|---|---|
| 1874 Farm Trail | Oct 2025 | $800,000 | 3/2 | 2,046 | $391 |
| 595 Piedmont Road | Aug 2026 | $1,175,000 | 3/2 | 1,871 | $628 |
| 1714 Atlanta Plaza Drive | Nov 2025 | $961,714 | 4/3 | 2,048 | $470 |
| 1538 Wilton Lane | Aug 2026 | $1,080,000 | 3/2 | 1,966 | $549 |
| 1605 Middle Gulf Drive 105 | Apr 2026 | $1,078,000 | 2/2 | 1,802 | $598 |
| Average | 5 comps | $1,018,943 | $527 |
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 $125,900 (11.2%) from the original list price.
| Feb 22, 2026 | Price reducedfrom $1,075,900 | $1,000,000 |
| Oct 28, 2025 | Listed | $1,125,900 |
The good, the trade-offs & the location
- Waterfront
- 2-car garage
- Built 2000 — 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.
Similar homes nearby
$875,000
MLS# 20260251881318 Junonia Street, Sanibel, FL, 33957
$839,000
MLS# 20260051382265 W Gulf Drive 210F, Sanibel, FL, 33957
$1,100,000
MLS# 20250197632777 W Gulf Drive 309, Sanibel, FL, 33957
$1,095,000
MLS# 2230725482445 W Gulf Drive E6, Sanibel, FL, 33957
$996,000
MLS# 2026019053625 Nerita Street C, Sanibel, FL, 33957
$1,150,000
MLS# 202602208112601 Mastique Beach Boulevard 1901, Fort Myers, FL, 33908
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.