$1,349,000
4 Bed Pool Home for Sale in Sanibel
517 Lake Murex Circle, Sanibel, FL, 33957
About this home
This spacious and beautifully designed elevated lakefront home offers over 3,072 square feet under air, providing comfort and versatility for a retired couple or growing family. The layout features three bedrooms, three full baths, and a loft, along with a formal dining room that can serve as a den or fourth bedroom, making the home adaptable to a variety of needs. The residence sits on an eco-friendly, oversized park-like lot across from protected conservation land. Enjoy breathtaking sunsets over the 17-acre lake from the screen-in porch and lanai, or relax by the large swimming pool and spa, complete with solar heater and waterfall. The home boasts cathedral ceilings, an eat-in kitchen with granite countertops, and a bright open feel throughout. The finished first floor, featuring impact patio doors and a concrete block foundation, is ideal for an art studio, hobbies, or even an entertainment space. Practical upgrades include a new metal roof, new air conditioning units, and extra clearance impact garage doors for the 3.5 car finished garage. The location is equally impressive with HOA tennis and pickleball courts and a short walk to the beach access, making this an exceptional property in a peaceful and highly desirable neighborhood. Square footage is believed to be correct but Buyer to verify.
Property details
- Type
- SingleFamilyResidence
- Year built
- 2001
- Interior
- 3,072 sqft
- Lot size
- 37,940.76 sqft
- Acreage
- 0.87 acres
- Garage
- 3 car
- Days on market
- 52
- Total association fees
- $450/yr (~$38/mo)
- CDD
- None
- Est. taxes (1.4%)
- $18,886/yr
- Flood zone (area est.)
- Not available
- Storm protection
- None listed
- Exposure
- West
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- Yes
- Spa
- Yes
- 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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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 $99,000 (7.3%) from the original list price.
| Mar 27, 2026 | Sold | $1,250,000 |
| Dec 19, 2025 | Listed | $1,349,000 |
The good, the trade-offs & the location
- Private pool
- Waterfront
- 3-car garage
- Built 2001 — 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.