4 Bed Pool Home for Sale in Sanibel
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For SaleMLS# 2026034888

$2,995,000

4 Bed Pool Home for Sale in Sanibel

408 Bella Vista Way, Sanibel, FL, 33957

4 beds4 baths3,340 sqft2 garage
GatedBeach Access

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

AssociationManagementLegalAccountingRoadMaintenance

What the association dues cover, per the MLS. Confirm the full schedule with the HOA.

Amenities

BeachRightsBeachAccessManagement
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
877 Limpet DriveApr 2026$2,650,0003/33,286$806
Average1 comps$2,650,000$806

Market trends, Sanibel

Median list
$965,000
Median $/sqft
$607
Median sold (90d)
$876,000
Avg days on market
175
Active listings
250
Median sold price · Sanibel
$876,000last 3 months11.2% vs $987,000 prior 3 months
Median closed price by month · Sanibel
3.5% MoM3.8% YoY
$458k$879k$1.3MJul ’25Aug ’26
$880,000Aug ’26 · 14 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.

The good, the trade-offs & the location

Pros
  • Private pool
  • Storm protection: Impact Windows/Doors
  • 2-car garage
Consider
  • Built 1990 — pre-2002 construction may carry older wind codes and higher insurance
  • Higher association fees (~$10,000/yr)
Location convenienceHigh
Hospital
9.9 mi
HealthPark Medical Center
Beach
4.6 mi
Fort Myers Beach
Airport
13.8 mi
Page Field (Fort Myers)
Shopping
12 mi
Bell Tower Shops

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.