4 Bed Pool Home for Sale in Pine Island
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SoldMLS# 225033377

$904,000

4 Bed Pool Home for Sale in Pine Island

7940 Lobean Lane, Bokeelia, FL, 33922

4 beds3 baths1,835 sqft1 garage
BoatingWaterfront

About this home

Nestled in the tranquil fishing community of Bokeelia on Pine Island, Florida, this home offers a private retreat with close proximity to local amenities. This 3 story, pool home is located at the end of a quiet road, has a private gate to access almost 1/2 an acre of waterfront property! Downstairs you will find the entry way which leads you to an air conditioned room, that would make an excellent tackle room, along with 1 bedroom and 1 bathroom. The 2nd floor has a nice open living space with a cozy fireplace and functional kitchen with ample space. You will find a wrap around, screened in porch overlooking the mangroves AND a small outdoor elevator. The 2nd and 3rd bedroom, along with a bathroom are on the 2nd floor as well. The 3rd floor has an extremely large master suite, surrounded by wall-to-wall windows. The in ground, heated pool, can be enjoyed all year long. Best of all- this property is located on a deep water, Gulf Access canal, with TWO boat lifts, composite deck and an additional set of davits. You are just minutes away from Boca Grande, Cayo Costa, Cabbage Key and North Captiva. Time to start living the island life!

Property details

Type
SingleFamilyResidence
Year built
1989
Interior
1,835 sqft
Lot size
18,905.04 sqft
Acreage
0.43 acres
Garage
1 car
Days on market
396
Total association fees
None
CDD
None
Est. taxes (1.4%)
$12,656/yr
Flood zone (area est.)
Not available
Storm protection
None listed
Exposure
North
Waterfront
Yes
Gulf access
Yes
Gulf access type
Direct — no bridges
Pool
Yes
Spa
No
Natural gas
No
Water
Public
Sewer
Septic Tank
New construction
No
Pets
Yes
County
Lee
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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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
16710 Bocilla Island Club DriveJul 2026$862,5133/31,659$520
Average1 comps$862,513$520

Market trends, Bokeelia

Median list
$494,500
Median $/sqft
$336
Median sold (90d)
$380,000
Avg days on market
114
Active listings
66
Median sold price · Bokeelia
$380,000last 3 months25.5% vs $510,000 prior 3 months
Median closed price by month · Bokeelia
10.5% MoM54.1% YoY
$273k$486k$700kAug ’25Aug ’26
$420,000Aug ’26 · 9 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 $320,000 (29.1%) from the original list price.

May 28, 2026Sold$780,000
Mar 12, 2026Price reducedfrom $914,000$904,000
Apr 2, 2025Listed$1,100,000

The good, the trade-offs & the location

Pros
  • Private pool
  • Gulf access (Direct — no bridges)
Consider
  • Built 1989 — pre-2002 construction may carry older wind codes and higher insurance
Location convenienceModerate
Hospital
13.7 mi
Cape Coral Hospital
Beach
17.6 mi
Sanibel Island
Airport
18.8 mi
Punta Gorda Airport
Shopping
13.7 mi
Coralwood / Merchants Crossing (Cape)

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.