5 Bed SingleFamilyResidence for Sale in Butterknife
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For SaleMLS# 2026035116

$1,699,000

5 Bed SingleFamilyResidence for Sale in Butterknife

133 Butterknife Place, Sanibel, FL, 33957

5 beds3 baths3,634 sqft2 garage
GatedPickleballTennisCommunity Pool

About this home

On Sanibel, the best days often begin and end near the water. In Butterknife, that rhythm comes with a level of privacy and convenience found nowhere else along West Gulf Drive. The only gated community on this coveted island corridor, Butterknife is a private enclave of just 34 homesites, with gated streets and deeded beach access for pedestrians and golf carts. Set approximately 344 feet from the community's deeded beach access, this turnkey-furnished beach house offers 3,634 square feet of air-conditioned living space with five bedrooms and three full baths. Built in 2015 by Seacoast Cottage Company, the residence captures a relaxed coastal character through bamboo plank accents along vaulted ceilings, generous gathering spaces and an elevator connecting all three levels. Above it all, a rooftop observation deck creates a private perch for Gulf views and the changing colors of the Sanibel sky. The kitchen is designed for everything from mornings after a beach walk to evenings spent entertaining, with custom-stained cabinetry, a walk-in pantry, farmhouse sink, wine cooler, KitchenAid appliances, cooktop and microwave drawer. The home is offered turnkey furnished, including a fully equipped kitchen, making the transition to island living refreshingly simple. Recent improvements add another layer of value. A standing-seam metal roof, irrigation system and hurricane-rated garage doors were added in 2023. Hurricane-rated windows and doors complement the home's Hardie board exterior. The setting extends the lifestyle well beyond the residence. Butterknife's newly completed sports and fitness facility features tennis, multiple pickleball courts, a sports and basketball court and a shaded observation area with seating. The community pool is approximately 111 feet from the property. For those who envision a private pool, the property's 10,000 square feet of allowable impervious and developed-area coverage provides room for that possibility, subject to applicable approvals. There is also a compelling replacement-cost perspective. Based on an estimated $400,000 homesite value and approximately $1.8 million to construct a 3,634-square-foot residence, or about $495 per square foot, the estimated replacement basis is at least $2.2 million. Here, the appeal is as much about what is already in place as what surrounds it: a furnished beach house, gated island setting, recreation just outside the door and the Gulf only a short walk or golf cart ride down a private community path.

Property details

Type
SingleFamilyResidence
Year built
2015
Interior
3,634 sqft
Lot size
20,647.44 sqft
Acreage
0.47 acres
Garage
2 car
Days on market
0
Total association fees
$2,662/yr (~$222/mo)
CDD
None
Est. taxes (1.4%)
$23,786/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
No
Spa
No
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

AssociationManagementLegalAccountingOtherRecreationFacilities

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

Amenities

OtherPickleballPoolSeeRemarksTennisCourtsManagement
Not yet ratedNot enough comparable sales nearby to rate this home's price yet.

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Market trends, Sanibel

Median list
$965,000
Median $/sqft
$611
Median sold (90d)
$860,000
Avg days on market
174
Active listings
250
Median sold price · Sanibel
$860,000last 3 months11.7% vs $974,000 prior 3 months
Median closed price by month · Sanibel
1.2% MoM6% YoY
$458k$879k$1.3MJul ’25Aug ’26
$860,000Aug ’26 · 11 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
  • Built 2015 — post-2002 Florida wind codes (typically lower insurance)
  • Storm protection: Impact Windows/Doors
  • 2-car garage
Location convenienceModerate
Hospital
13.3 mi
HealthPark Medical Center
Beach
2.6 mi
Sanibel Island
Airport
17.1 mi
Page Field (Fort Myers)
Shopping
15.4 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.