Residential for Sale in Sanibel Highlands
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For SaleMLS# 2026012645

$500,000

Residential for Sale in Sanibel Highlands

393 & 401 Raintree Place, Sanibel, FL, 33957

- beds baths sqft

About this home

Rarely does an opportunity like this emerge on Sanibel Island — two parcels sold together, totaling just over a half-acre, revealed in a natural, secluded setting with sweeping preserve views and the sights and sounds of island wildlife at your doorstep. This is the real Sanibel: unhurried, unspoiled, and entirely yours. Situated adjacent to protected preserve land, these lots offer a true nature lover’s paradise where island birds and wildlife provide daily photo opportunities from your own backyard. The lots enjoy deeded beach access and are within easy walking or biking distance to the beach, Doc Ford’s Rum Bar & Grille, and the charming shops that define island life — yet remain a private retreat from it all. Utilities are already in place and the lots are a clean, ready-to-build canvas. The current owners have a home design and plans in place that are undergoing permit review with the city of Sanibel for a 2200 sq ft., 4 bed, 3 bath elevated home and Wolter Group, a respected Southwest Florida builder with deep experience on barrier island projects is on board. Buy this now & build your own custom home - or take on the current home plan and make it yours.

Property details

Type
Residential
Year built
Not specified
Interior
Not specified
Lot size
12,240.36 sqft
Acreage
0.28 acres
Garage
None
Days on market
170
Total association fees
None
CDD
None
Est. taxes (1.4%)
$7,000/yr
Flood zone (area est.)
Not available
Storm protection
None listed
Exposure
Northeast
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
Not specified
County
Lee

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Market trends, Sanibel

Median list
$965,000
Median $/sqft
$607
Median sold (90d)
$881,000
Avg days on market
178
Active listings
242
Median sold price · Sanibel
$881,000last 3 months16.1% vs $1,050,000 prior 3 months
Median closed price by month · Sanibel
4.1% MoM3.3% YoY
$458k$879k$1.3MJul ’25Aug ’26
$885,000Aug ’26 · 23 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

Consider
  • No garage listed
Location convenienceModerate
Hospital
14.2 mi
HealthPark Medical Center
Beach
1.4 mi
Sanibel Island
Airport
17.8 mi
Page Field (Fort Myers)
Shopping
16.2 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.