Waterfront Home for Sale in Metes And Bounds
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For SaleMLS# 2026036163

$7,900,000

Waterfront Home for Sale in Metes And Bounds

4369 W Gulf Drive, Sanibel, FL, 33957

- beds baths sqft
GatedBeach AccessBoatingWaterfront

About this home

Situated on the private extension of West Gulf Drive with unparalleled views of the azure waters of the Gulf of Mexico and phenomenal sunsets. Harness one of the last opportunities on Sanibel Island to develop an outstanding estate with supreme privacy and a excellent development envelope. An existing foundation is in place which has been surveyed by an engineer to ensure its use if desired. Buyer to verify.

Property details

Type
Residential
Year built
Not specified
Interior
Not specified
Lot size
47,088.36 sqft
Acreage
1.08 acres
Garage
None
Days on market
0
Total association fees
None
CDD
None
Est. taxes (1.4%)
$110,600/yr
Flood zone (area est.)
Not available
Storm protection
None listed
Exposure
West
Waterfront
Yes
Gulf access
Yes
Gulf access type
Direct — Gulf frontage
Pool
No
Spa
No
Natural gas
No
Water
Public
Sewer
Public Sewer
New construction
No
Pets
Not specified
County
Lee

Amenities

BeachRightsBeachAccess

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Market trends, Sanibel

Median list
$984,250
Median $/sqft
$611
Median sold (90d)
$885,000
Avg days on market
176
Active listings
248
Median sold price · Sanibel
$885,000last 3 months14.9% vs $1,040,000 prior 3 months
Median closed price by month · Sanibel
8.8% MoM1.1% YoY
$458k$879k$1.3MJul ’25Aug ’26
$925,000Aug ’26 · 19 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
  • Gulf access (Direct — Gulf frontage)
Consider
  • No garage listed
Location convenienceModerate
Hospital
16 mi
HealthPark Medical Center
Beach
1.2 mi
Sanibel Island
Airport
19.4 mi
Page Field (Fort Myers)
Shopping
17.9 mi
Bell Tower Shops

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

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Nearby schools

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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.