5 Bed SingleFamilyResidence for Sale in Captiva
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For SaleMLS# 2026026019

$1,125,000

5 Bed SingleFamilyResidence for Sale in Captiva

120 Swallow Drive, Captiva, FL, 33924

5 beds3.5 baths1,682 sqft
Boating

About this home

Exceptional opportunity to own a beautifully renovated 5-bedroom, 3.5-bath island retreat just a short walk from the pristine Gulf beaches of North Captiva Island. Offering 1,682 square feet of living space, this coastal home combines modern updates with the relaxed island lifestyle that makes North Captiva one of Southwest Florida's most unique destinations. Accessible only by boat or private aircraft, North Captiva offers miles of uncrowded beaches, world-class fishing, breathtaking sunsets, and a peaceful atmosphere free from cars and traffic. Thoughtfully designed to accommodate large families and guests, the home offers plenty of space to spread out across multiple living areas and outdoor gathering spaces. The main level features a king primary suite with private ensuite bath, a queen guest bedroom, and a custom bunk room with four twin beds. The lower-level in-law suite provides exceptional flexibility with a king bedroom, a bedroom with two twin beds, a second living area, kitchenette with sink and microwave, and a full bath, making it ideal for extended family, guests, or vacation rental accommodations. Every level of the home features decks and outdoor living areas, including two screened porches with overhead fans for enjoying island breezes year-round. The crow's nest rooftop deck offers stunning 360-degree views of the island, Gulf waters, and unforgettable sunrises and sunsets. Extensive recent improvements include a new roof, new siding, updated electrical, new water system, new hot water tank, fresh interior and exterior paint, new decking, a newly constructed crow's nest, rescreened porches, updated landscaping and driveway improvements, new poly outdoor furnishings, luxury vinyl plank flooring, tile flooring, and granite countertops in the bathrooms. Currently operating as a successful vacation rental, this property offers outstanding income-producing potential while also serving as the perfect private island getaway. Two golf carts are included for convenient transportation throughout the island. Whether you're seeking a personal retreat, full-time residence, or established investment property, this exceptional North Captiva home is ready to be enjoyed.

Property details

Type
SingleFamilyResidence
Year built
1993
Interior
1,682 sqft
Lot size
16,988.4 sqft
Acreage
0.39 acres
Garage
None
Days on market
59
Total association fees
None
CDD
None
Est. taxes (1.4%)
$15,750/yr
Flood zone (area est.)
Not available
Storm protection
Impact Windows/Doors
Exposure
East
Waterfront
No
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Well
Sewer
Septic Tank
New construction
No
Pets
Yes
County
Lee

Amenities

LaundryManagement
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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Market trends, Captiva

Median list
$1,817,500
Median $/sqft
$1,021
Median sold (90d)
$2,275,000
Avg days on market
196
Active listings
68
Median sold price · Captiva
$2,275,000last 3 months64.1% vs $1,386,250 prior 3 months

Live area medians from the MLS · see all listings. Indicative, not an appraisal.

Price & status history

Down $150,000 (11.8%) from the original list price.

Aug 14, 2026Price reducedfrom $1,225,000$1,125,000
Jun 16, 2026Listed$1,275,000

The good, the trade-offs & the location

Pros
  • Storm protection: Impact Windows/Doors
Consider
  • Built 1993 — pre-2002 construction may carry older wind codes and higher insurance
  • No garage listed
Location convenienceModerate
Hospital
17.1 mi
Cape Coral Hospital
Beach
13.2 mi
Sanibel Island
Airport
22.1 mi
Page Field (Fort Myers)
Shopping
17.6 mi
Coralwood / Merchants Crossing (Cape)

Straight-line distances to major SWFL amenities, approximate; actual drive times vary.

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Nearby schools

Get more information on their programs, scores, and extracurriculars on each school's page · browse the full schools directory.

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.