3 Bed Waterfront Home for Sale in Sanibel
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For SaleMLS# 2025018452

$1,999,000

3 Bed Waterfront Home for Sale in Sanibel

3145 W Gulf Drive 201, Sanibel, FL, 33957

3 beds3 baths3,200 sqft
GatedTennisCommunity PoolBoatingWaterfront

About this home

Gulf-front living reaches new heights of sophistication in this sprawling, masterfully reimagined luxury residence along Sanibel Island’s prestigious West Gulf Drive. Every detail of this extraordinary condominium has been curated to showcase the essence of coastal elegance, where sweeping views of sugar-white sands and the shimmering turquoise Gulf become the ever-changing backdrop to your daily life. Boasting one of the island’s most impressive floor plans, this residence offers over 3,000 square feet of refined interior space, featuring three spacious bedrooms, a private den and three exquisitely appointed baths. The expansive great room invites effortless entertaining and serene relaxation, framed by panoramic Gulf vistas that blur the line between indoor comfort and natural beauty. The chef’s kitchen is an epicurean masterpiece, an open, light-filled space adorned with bespoke cabinetry, lustrous countertops, a generous prep island, bar seating and new professional-grade stainless appliances. A dramatic tray ceiling with soft, ambient lighting creates an atmosphere that is inviting and indulgent, ideal for intimate gatherings or grand culinary creations. The primary suite is a sanctuary of serenity, with floor-to-ceiling views and an ensuite bath that rivals a private spa. Revel in the expansive walk-in shower, elegant tilework and a striking feature wall that transforms the space into a modern masterpiece. The guest suites are equally inviting, each thoughtfully redesigned, including one that reimagines a former lanai into a sun-drenched alcove of glass overlooking lush tropical gardens. Encased in all-new impact-rated windows and sliding glass doors, this residence is a fortress of strength and tranquility, offering peace of mind and a seamless connection to Sanibel’s breathtaking scenery. Every room is bathed in natural light, every detail meticulously chosen and every view a reminder this is Gulf-front living at its most exquisite. This is not just a condominium, it is a coastal statement of style, space and sophistication, wonderfully attuned to those who expect extraordinary.

Property details

Type
Condominium
Year built
1989
Interior
3,200 sqft
Lot size
7,048.008 sqft
Acreage
0.16 acres
Garage
None
Days on market
261
Total association fees
$24,000/yr (~$2,000/mo)
CDD
None
Est. taxes (1.4%)
$27,986/yr
Flood zone (area est.)
Not available
Storm protection
Impact Windows/Doors
Exposure
South
Waterfront
Yes
Gulf access
Yes
Gulf access type
Direct — Gulf frontage
Pool
No
Spa
No
Natural gas
No
Water
Public
Sewer
Public Sewer
New construction
No
Pets
Call, Conditional
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

AssociationManagementInsuranceLegalAccountingMaintenanceGroundsPestControlRecreationFacilitiesSewerTrash

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

Amenities

PoolTennisCourtsManagement
Not yet ratedNot enough comparable sales nearby to rate this home's price yet.

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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Market trends, Sanibel

Median list
$984,250
Median $/sqft
$608
Median sold (90d)
$877,000
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 · 21 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 $996,000 (33.3%) from the original list price.

Jul 22, 2026Price reducedfrom $2,199,000$1,999,000
Nov 3, 2025Listed$2,995,000

The good, the trade-offs & the location

Pros
  • Gulf access (Direct — Gulf frontage)
  • Storm protection: Impact Windows/Doors
Consider
  • Built 1989 — pre-2002 construction may carry older wind codes and higher insurance
  • No garage listed
  • Higher association fees (~$24,000/yr)
Location convenienceModerate
Hospital
14.6 mi
HealthPark Medical Center
Beach
1.3 mi
Sanibel Island
Airport
18.3 mi
Page Field (Fort Myers)
Shopping
16.6 mi
Bell Tower Shops

Straight-line distances to major SWFL amenities, approximate; actual drive times vary.

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Nearby schools

Get more information on their programs, scores, and extracurriculars on each school's page · browse the full schools directory.

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.