$2,995,000
4 Bed Pool Home for Sale in Sanibel
408 Bella Vista Way, Sanibel, FL, 33957
About this home
AUCTION: Bidder registration deadline: September 9th. Welcome to Colony Beach Estates, one of Sanibel's premier East End beachfront communities, where timeless Old Florida architecture meets refined coastal living. Comprising just eighteen custom residences among mature tropical vegetation, this exclusive Gulf-front enclave offers privacy and a coveted location just a short walk from the Sanibel Lighthouse. This remodeled residence is perfect for entertaining, with extensive living spaces, an oversized two-car garage, a private elevator, and a heated pool and spa. Gulf views from both living levels complement multiple fireplaces, textured ceilings, plantation shutters, and wood flooring, while the main level features custom cabinetry and a large gathering island, and a Florida room opening to a deck. Wrapped in Hardie-board siding with a standing-seam metal roof and impact-rated windows and doors, this rarely available residence offers quality, privacy, and effortless island living.
Property details
- Type
- SingleFamilyResidence
- Year built
- 1990
- Interior
- 3,340 sqft
- Lot size
- 5,924.16 sqft
- Acreage
- 0.14 acres
- Garage
- 2 car
- Days on market
- 0
- Total association fees
- $10,000/yr (~$833/mo)
- CDD
- None
- Est. taxes (1.4%)
- $41,930/yr
- Flood zone (area est.)
- Not available
- Storm protection
- Impact Windows/Doors
- Exposure
- Southwest
- Waterfront
- No
- 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.
Maintenance included in the fee
What the association dues cover, per the MLS. Confirm the full schedule with the HOA.
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 |
|---|---|---|---|---|---|
| 877 Limpet Drive | Apr 2026 | $2,650,000 | 3/3 | 3,286 | $806 |
| Average | 1 comps | $2,650,000 | $806 |
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.
The good, the trade-offs & the location
- Private pool
- Storm protection: Impact Windows/Doors
- 2-car garage
- Built 1990 — pre-2002 construction may carry older wind codes and higher insurance
- Higher association fees (~$10,000/yr)
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.