$1,795,000
4 Bed Pool Home for Sale in Castaway Estates
5810 Pine Tree Drive, Sanibel, FL, 33957
About this home
Welcome to your private island retreat on the serene and highly sought-after Dinkins Bayou, where breathtaking wide water views meet direct boating access to both the Gulf and Bay. This stunning, elevated home offers over 3,000 square feet of luxury living across two thoughtfully designed levels, blending elegant coastal style with modern comforts. Step inside to discover a spacious 4-bedroom, 3-bath home filled with natural light, soaring ceilings, and panoramic views from nearly every room. The main level showcases a flowing open-concept design ideal for entertaining, featuring a great room with a gas fireplace, dining area, and a gourmet kitchen—all framed by expansive windows and multiple decks perfect for enjoying sunrise coffees or sunset cocktails. The split floor plan ensures privacy, with guest rooms tucked on opposite sides of the main living space. Upstairs, the expansive primary suite serves as a true sanctuary with private balconies on both sides, a spa-like bath with soaking tub and walk-in shower, and a generous walk-in closet. An additional guest bedroom or office provides flexible space for work or visitors. High-end finishes abound throughout, including Brazilian cherry floors, custom woodwork, an elevator, and smart storage solutions. The outdoor living is just as impressive, with a newly resurfaced pool and deck (2023) set within a large screened enclosure—ideal for year-round Florida living. Practical upgrades include a new roof (2023), new water heater, new pool pump, ample ground-level storage for your kayaks, paddleboards, and beach gear, plus electric vehicle parking. This exceptional property offers the rare blend of luxury, privacy, and direct waterfront access on the widest part of Dinkins Bayou—don’t miss your chance to own a slice of island paradise!
Property details
- Type
- SingleFamilyResidence
- Year built
- 2002
- Interior
- 2,929 sqft
- Lot size
- 14,113.44 sqft
- Acreage
- 0.32 acres
- Garage
- 2 car
- Days on market
- 206
- Total association fees
- $200/yr (~$17/mo)
- CDD
- None
- Est. taxes (1.4%)
- $25,130/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
- 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.
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.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 2391 Shop Road | Jun 2026 | $1,725,000 | 3/2 | 2,831 | $609 |
| 6450 Pine Avenue | Mar 2026 | $1,925,000 | 3/3 | 2,939 | $655 |
| Average | 2 comps | $1,825,000 | $632 |
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 $204,999 (10.2%) from the original list price.
| May 22, 2026 | Price reducedfrom $1,889,999 | $1,795,000 |
| Feb 6, 2026 | Listed | $1,999,999 |
The good, the trade-offs & the location
- Built 2002 — post-2002 Florida wind codes (typically lower insurance)
- Private pool
- Gulf access (Direct — no bridges)
- 2-car garage
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.