$1,095,000
3 Bed 2 Bath Waterfront SingleFamilyResidence for Sale in GULF PINES, FL
4221 Old Banyan Way, Sanibel, FL, 33957
About this home
This beach house has it all, plus more! Recently renovated and your own private beach path. No crossing a main road to put your toes in the sand. Gulf Pines is a private beach front neighborhood with brand new amenities. Two swimming pools, tennis courts, clubhouse, also a beach path to one of the widest sections of sand on all of Sanibel, you must see it to believe it! Go shelling, take walk on the beach, or watch the gorgeous sunsets all just a stroll from your front door. The wrap around porch is a nature lovers dream and the wildlife is abundant. The great room, kitchen, dining room and bedrooms all lead out to newly screened lanai overlooking the Sanibel River. The recently updated baths & kitchen are stunning and look like they are straight out of a magazine. Quartz countertops, induction cooktop with chimney hood, Grohe, and Kohler fixtures. Don’t miss this beautiful turnkey home it checks all the boxes.
Property details
- Type
- SingleFamilyResidence
- Year built
- 1980
- Interior
- 1,511 sqft
- Lot size
- 20,734.56 sqft
- Acreage
- 0.48 acres
- Garage
- 2 car
- Days on market
- 675
- Total association fees
- $1,696/yr (~$141/mo)
- CDD
- None
- Est. taxes (1.4%)
- $15,330/yr
- Flood zone (area est.)
- Not available
- Storm protection
- Impact Windows/Doors
- Exposure
- South
- 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.
Amenities
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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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 |
|---|---|---|---|---|---|
| 693 Emeril Court | Jun 2026 | $975,000 | 3/3 | 1,506 | $647 |
| Average | 1 comps | $975,000 | $647 |
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 $395,000 (28.7%) from the original list price.
| Dec 18, 2025 | Sold | $980,000 |
| Mar 20, 2025 | Price reducedfrom $1,195,000 | $1,095,000 |
| Jan 30, 2024 | Listed | $1,375,000 |
The good, the trade-offs & the location
- Waterfront
- Storm protection: Impact Windows/Doors
- 2-car garage
- Built 1980 — 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.