OFF MARKET

Off market aug 2023 for $950K

$814,480

Est. refi paymentEst. refi $6,450/mo

•

1,383

sq ft

540 E Lake Rd, Sanibel, FL 33957

About this home

Your perfect island getaway is only minutes to the white sands of Algiers Beach! This elevated 3 bedroom, 2 bath home is nestled in a peaceful neighborhood that is centrally located and close to shopping, dining, and grocery. The home boasts an open floor plan with tile flooring, vaulted ceilings, and white cabinetry throughout giving it an open, airy feel. An added feature are closet systems in every bedroom for easy storage. The home was built in 2018 so all windows and doors are impact and appliances are LG stainless steel. The home offers a large open space downstairs and storage for all your island toys. Situated on a half acre parcel that borders SCCF nature preserve adds more privacy. Relax and unwind on the back porch with your favorite beverage. Now's your chance to live on island time! * * * Room for a pool per the city * * *

Single-familyProperty Type

2018Year Built

0.62 acresLot Size

$589Est. Price/Sq.Ft.

3 spacesParking

Listed by Dana Foster • John R. Wood Properties

Bought with Chip Wolfe • RE/MAX Realty Group

Redfin checked: a minute ago

•Source:FORTMLS #223013941

Redfin Estimate

$814,480

$136K since sold in August 2023$9,000 since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 10.5% lower than the average sale price ($910K) of 6 comparable homes.

SOLD AUG 19, 2026
$875,000
A
3 beds2 baths1,250 sq ft
1637 Sabal Sands Rd, Sanibel, FL 33957
SOLD AUG 13, 2026
$835,000
B
3 beds2 baths1,248 sq ft
555 Piedmont Rd, Sanibel, FL 33957
SOLD OCT 30, 2026
$625,000
C
3 beds2 baths1,512 sq ft
1890 Farm Trl, Sanibel, FL 33957
SOLD AUG 25, 2026
$1,175,000
D
3 beds2 baths1,871 sq ft
595 Piedmont Rd, Sanibel, FL 33957
SOLD SEP 25, 2026
$1,150,000
E
3 beds2 baths1,563 sq ft
207 Daniel Dr, Sanibel, FL 33957
SOLD OCT 8, 2026
$800,000
F
3 beds2 baths1,552 sq ft
702 Pyrula Ave, Sanibel, FL 33957

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Earn from this home

Sell

$50,644

Est. take-home

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Refinance

Est. cash available

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Rent

$2,644/mo

Redfin rental estimate

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Market trends in 33957, FL

Last updated October 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-list price

92.3%

1.2% MoM

Median sale price

$881K

$19K MoM

Avg. days on market

196d

37 days MoM

Recently sold homes

22 MoM

New listings for sale

$789,000
4 beds2 baths1,452 sq ft
1012/1014 E Gulf Dr, Sanibel, FL 33957
3D WALKTHROUGH
$1,849,000
5 beds3 baths3,271 sq ft
665 Anchor Dr, Sanibel, FL 33957
$549,000
2 beds2 baths957 sq ft
760 Sextant Dr #1083, Sanibel, FL 33957
$699,000
2 beds2 baths1,184 sq ft
979 E Gulf Dr Unit D452, Sanibel, FL 33957
3D WALKTHROUGH
$739,000
2 beds2 baths1,356 sq ft
5775 Baltusrol Ct #101, Sanibel, FL 33957
3D WALKTHROUGH
$1,749,000
3 beds2.5 baths1,916 sq ft
1057 Seahawk Ln, Sanibel, FL 33957
3D WALKTHROUGH
$2,250,000
3 beds2.5 baths2,569 sq ft
6018 White Heron Ln, Sanibel, FL 33957
3D WALKTHROUGH
$799,000
3 beds2 baths1,844 sq ft
1083 S Yachtsman Dr, Sanibel, FL 33957
$1,095,000
3 beds2.5 baths2,240 sq ft
5422 Osprey Ct, Sanibel, FL 33957
$1,395,000
4 beds2 baths2,146 sq ft
1990 My Tern Ct, Sanibel, FL 33957
See all

Provided by Redfin

Sale history for 540 E Lake Rd

Date

Event

Price

FORTMLS #223013941

Aug 22, 2023

Sold

$950,000

$687/sq ft

Jul 18, 2023

Pending

—

Jul 1, 2023

Price Changed

$975,000

$705/sq ft

May 26, 2023

Price Changed

$1,000,000

$723/sq ft

Apr 20, 2023

Price Changed

$1,025,000

$741/sq ft

Mar 29, 2023

Price Changed

$1,060,000

$766/sq ft

Feb 21, 2023

Listed

$1,100,000

$795/sq ft

FORTMLS #217026263

Jul 31, 2017

Sold

$162,500

$117/sq ft

Jul 3, 2017

Pending

—

Jun 8, 2017

Price Changed

$169,000

$122/sq ft

Apr 11, 2017

Listed

$179,000

$129/sq ft

FORTMLS #215012217

Feb 18, 2017

Listing Removed

—

Feb 19, 2015

Listed

$197,000

$142/sq ft

Public Records

Aug 24, 2004

Sold

$222,500

$161/sq ft

Public Records

Oct 30, 1987

Sold

$25,000

$18/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$10,402 (−21.9%)

$397,286 + $301,130

$698,416

2024

$13,316 (+97.3%)

$397,286 + $301,130

$698,416

2023

$6,749 (+7.0%)

$829,379 + $74,256

$903,635

2022

$6,305 (−0.5%)

2021

$6,337 (+0.6%)

2020

$6,300 (−9.0%)

2019

$6,926 (+159.4%)

$185,400 + $269,228

$454,628

2018

$2,670 (−1.9%)

$185,400 + $269,228

$454,628

2017

$2,722 (+2.5%)

$179,265

2016

$2,655 (+11.4%)

$179,265

2015

$2,383 (−1.1%)

$180,000

2014

$2,410

Tax history for 540 E Lake Rd

Year

Property tax

Land + Additions

Assessment*

2025

$10,402 (−21.9%)

$397,286 + $301,130

$698,416

2024

$13,316 (+97.3%)

$397,286 + $301,130

$698,416

2023

$6,749 (+7.0%)

$829,379 + $74,256

$903,635

2022

$6,305 (−0.5%)

2021

$6,337 (+0.6%)

2020

$6,300 (−9.0%)

2019

$6,926 (+159.4%)

$185,400 + $269,228

$454,628

2018

$2,670 (−1.9%)

$185,400 + $269,228

$454,628

2017

$2,722 (+2.5%)

$179,265

2016

$2,655 (+11.4%)

$179,265

2015

$2,383 (−1.1%)

$180,000

2014

$2,410

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Permits

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

0.62 Acres

Year renovated

2018

Sq. Ft.

1,383

Year built

2018

Style

Single Family Residential

County

Lee County

APN

254622T3011080160

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 26, 2026.

Property details

Parking

Garage/Carport Information
Has Carport
# of Carport Spaces: 3

Parking
Features: Covered, Driveway, Underground, Two Spaces, Unpaved, Attached Carport
# of Covered Spaces: 3

Interior

Bathroom Information
# of Full Bathrooms: 2

Equipment
Appliances: Dryer, Dishwasher, Freezer, Disposal, Microwave, Range, Refrigerator, Washer

Interior Features
Window Features: Sliding, Impact Glass
Unfurnished
Flooring: Tile
Other Features: Dual Sinks, Kitchen Island, Living/Dining Room, Pantry, Split Bedrooms, Shower Only, Separate Shower, Vaulted Ceiling(s), Walk-In Closet(s)

Exterior

Building Information
Stories (Total): 1
Roof Details: Metal
Construction Details: Vinyl Siding

Exterior Features
Exterior Features: Security/High Impact Doors, Storage
Patio And Porch Features: Porch, Screened
Security Features: Smoke Detector(s)

Lot Information
Lot Size Area: 0.62
Lot Size Acres: 0.62
Lot Dimensions Source: Survey
Lot Size Source: Survey
Lot Features: Dead End

Property Information
Direction Faces: West
Foundation Details: Pillar/Post/Pier
Resale

Financial

Tax Information
Annual Tax Amount: $6,337.35
Tax Year: 2021

Rental Information
Pets Allowed Details: Yes

Utilities

Utility Information
Sewer: Assessment Paid
Water Source: Public

Heating & Cooling
Has Cooling
Cooling: Central Air, Ceiling Fan(s), Electric
Has Heating
Heating: Central, Electric

Location

HOA Information
Association Fee 3: 0.0

Community Information
Community Features: Non-Gated

Public facts

Beds: 3
Baths: 2.0
Sq. Ft.: 1,383
Stories: 1.0
Lot Size: 0.62 acres
Style: Single Family Residential
Year Built: 2018
Year Renovated: 2018
County: Lee County
APN: 254622T3011080160

Home facts updated by county records on Sep 26, 2026

Around this home

Schools

K - 12
Preschool & daycare

The Sanibel School

Public PreK-8 • Assigned • 3.4mi

8/10

Cypress Lake High School

Public 9-12 • Assigned • 12.4mi

5/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

10/10 Flood Factor

Estimated 80%+ chance of a flood reaching the building in the next 30 years

2/10 Fire Factor

0.00% chance of being in a wildfire in next 30 years

10/10 Heat Factor

7 days above 112° expected this year, 25 days in 30 years

10/10 Wind Factor

99% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Sanibel, FL • 33957

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.5 hours in June and 6.8 hours in December, placing it above the U.S. average for solar exposure.

9.5 hrs

6.8 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$774,000 – $937,000

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Home values near 540 E Lake Rd

Data from public records.

Address	Redfin Estimate
498 East Lake Rd, Sanibel, FL 3 Beds \| 3 Baths \| 2475 Sq. Ft.	$1,015,827
1717 Atlanta Plaza Dr, Sanibel, FL 2 Beds \| 2 Baths \| 1009 Sq. Ft.	$583,621
555 Leather Fern Pl, Sanibel, FL 2 Beds \| 2 Baths \| 576 Sq. Ft.	$356,043
1714 Atlanta Plaza Dr, Sanibel, FL 4 Beds \| 3 Baths \| 2048 Sq. Ft.	$1,040,286
530 Leather Fern Pl, Sanibel, FL 2 Beds \| 2 Baths \| 900 Sq. Ft.	$419,558
1682 Atlanta Plaza Dr, Sanibel, FL 2 Beds \| 1 Baths \| 1203 Sq. Ft.	$432,307

Address	Redfin Estimate
535 Piedmont Rd, Sanibel, FL 3 Beds \| 2 Baths \| 1361 Sq. Ft.	$484,013
534 Leather Fern Pl, Sanibel, FL 2 Beds \| 2 Baths \| 1248 Sq. Ft.	$450,866
1703 Atlanta Plaza Dr, Sanibel, FL 2 Beds \| 2 Baths \| 1221 Sq. Ft.	$547,704
545 Piedmont Rd, Sanibel, FL 3 Beds \| 2 Baths \| 2469 Sq. Ft.	$836,195
1683 Atlanta Plaza Dr, Sanibel, FL 3 Beds \| 2 Baths \| 1293 Sq. Ft.	—
499 Leather Fern Pl, Sanibel, FL 3 Beds \| 2 Baths \| 2216 Sq. Ft.	$857,608

Address	Redfin Estimate
531 Piedmont Rd, Sanibel, FL 3 Beds \| 2 Baths \| 1365 Sq. Ft.	$479,806
1677 Atlanta Plaza Dr, Sanibel, FL 2 Beds \| 1.5 Baths \| 905 Sq. Ft.	$458,663
541 Leather Fern Pl, Sanibel, FL 2 Beds \| 2 Baths \| 960 Sq. Ft.	$596,667
1673 Atlanta Plaza Dr, Sanibel, FL 3 Beds \| 2 Baths \| 1383 Sq. Ft.	$426,851
550 Leather Fern Pl, Sanibel, FL 3 Beds \| 2 Baths \| 1294 Sq. Ft.	$814,043

Property information provided by FORTMLS when last listed in 2023. This data may not match . Learn more.

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About this home

Redfin Estimate

Earn from this home

Market trends in 33957, FL

Sale history for 540 E Lake Rd

Tax history for 540 E Lake Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 33957

Home values near 540 E Lake Rd

More real estate resources