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5438 Shearwater Drive
Sanibel FL 33957 US

$1,765,000

Active Listing ID 225060952
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3 bed
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4.00 Bath (3 Full , 1 Half)
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Lot: 0.07 Acres
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Townhouse

$1,765,000

Active Listing ID 225060952
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5438 Shearwater Drive Elevated Coastal Living at Shearwater | Sanibel Island Experience a rare offering on Sanibel Island - an expansive luxury residence that delivers the privacy and square footage of a single-family home with the ease and refinement of upscale condominium living. Located close to the prestigious golf and beach community of The Sanctuary, this exceptional Shearwater residence offers generous living spaces, high ceilings, and thoughtfully designed interiors ideal for those who desire room to entertain without the full-time demands of estate ownership. With few properties on Sanibel offering this combination of size, amenities, and low-maintenance convenience, Shearwater represents a truly unique market opportunity. Designed for the discerning buyer - whether transitioning from a larger Captiva estate, seeking proximity to championship golf, or simply wanting refined coastal living near the beach - this residence checks nearly every box. Golf enthusiasts will appreciate close access to The Sanctuary Golf Club's private championship course, while beach lovers are moments from Sanibel's world-renowned shoreline, shelling beaches, and Gulf sunsets. Spacious indoor-outdoor living areas allow for effortless entertaining, seasonal hosting, and relaxed island living. Shearwater appeals to: - Golfers wanting immediate access to premier fairways - Beachcombers who value privacy and proximity to the Gulf - Single-family homeowners ready to simplify without downsizing dramatically - Luxury condo owners looking for significantly more square footage - Captiva residents seeking a refined Sanibel alternative This is not just another property - it is a different product entirely. A rare intersection of space, amenities, prestige, and ease. Shearwater offers an unmatched lifestyle proposition on Sanibel Island.

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Property Features

  • Facts
  • Lot Size: 0.07 Acres
  • Property Type: Residential
  • Property Sub-type: Townhouse
  • Features
  • Full Bathrooms: 3
  • 1/2 Bathrooms: 1
  • Cooling System: Electric, Ceiling Fan(s), Central Air
  • Exterior Finish: Deck, SecurityHighImpactDoors, Patio, ShuttersElectric, ShuttersManual
  • Floor Covering: Tile, Carpet
  • Roof Type: Built-Up, Flat, Shingle
  • Heating Fuels: Electric (Heating), Central
  • Additional Features
  • Patio
  • Waterfront

School Information

  • School
  • SCHOOL OF CHOICE(Elementary)
  • SCHOOL OF CHOICE(MiddleSchool)
  • SCHOOL OF CHOICE(HighSchool)

Property

  • propertytype: Residential
  • propertysubtype: Townhouse
  • listprice: 1765000
  • unparsedaddress: 5438 Shearwater Drive
  • postalcity: Sanibel
  • stateorprovince: FL
  • country: US
  • postalcode: 33957
  • bathroomsfull: 3
  • bathroomshalf: 1
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.071
  • lotsizeunits: Acres
  • lotsizearea: 0.071
  • livingarea: 2460
  • livingareaunits: Square Feet
  • latitude: 26.467095
  • longitude: -82.160375
  • listagentfullname: Becky Mulka
  • listagentemail: bmulka@me.com
  • listagentkey: 3yd-FMSWFL-3258785
  • listagentmlsid: 3258785
  • listagentpreferredphone: 2398870855
  • listagentofficephone: 2398870855
  • listofficekey: 3yd-FMSWFL-PO18385
  • listagentstatelicense: 280596802
  • listofficemlsid: PO18385
  • disclaimer: Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: FMSWFL
  • yearbuilt: 1990
  • listingcontractdate: 2025-06-26
  • listagenturl: https://portsidepropertygroup.com/
  • countyorparish: Lee
  • parcelnumber: 13-46-21-T2-00400.E0F0
  • elementaryschool: SCHOOL OF CHOICE
  • highschool: SCHOOL OF CHOICE
  • appliances: BuiltInOven, Dryer, Dishwasher, ElectricCooktop, Disposal, IceMaker, Microwave, Refrigerator, RefrigeratorWithIceMaker, SelfCleaningOven, WineCooler, Washer
  • cooling: Electric, Ceiling Fan(s), Central Air
  • constructionmaterials: Block, Concrete, Stucco, VinylSiding
  • flooring: Tile, Carpet
  • heating: Electric (Heating), Central
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • parkingfeatures: Garage, Assigned
  • roof: Built-Up, Flat, Shingle
  • waterfrontyn: True
  • franchiseaffiliation: None
  • interiorfeatures: WetBar, BuiltInFeatures, Bathtub, TrayCeilings, ClosetCabinetry, CathedralCeilings, DualSinks, FamilyDiningRoom, FrenchDoorsAtriumDoors, HighCeilings, LivingDiningRoom, Pantry, SeparateShower, CableTv, UpperLevelPrimary, VaultedCeilings, Elevator, HighSpeedInternet
  • exteriorfeatures: Deck, SecurityHighImpactDoors, Patio, ShuttersElectric, ShuttersManual
  • waterfrontfeatures: Lagoon
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 3, Dining Room, Den, Family Room, Bathroom 4, Bedroom 3, Bedroom 1, Bedroom 2, Bathroom 2
  • securityfeatures: Security
  • patioandporchfeatures: Patio, Deck
  • accessibilityfeatures: Accessible Elevator Installed
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -82.16038, 26.467094
  • openhouse: { "AppointmentRequiredYN": false, "ListingKey": "3yd-FMSWFL-225060952", "OpenHouseEndTime": "2026-03-25 14:00:00", "OpenHouseId": "2592202", "OpenHouseRemarks": null, "OpenHouseStartTime": "2026-03-25 11:00:00", "OpenHouseType": null, "VirtualOpenHouseURL": null }
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Portside Property Group LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"bmulka@me.com", "ListBrokerageCity":"Sanibel", "ListBrokerageCountry":"US", "ListBrokerageEmail":"p.bellmer@portsidepg.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/FMSWFL/10f15c32197411f1b84ceac52157ec1e/20260306162042729.png", "ListBrokerageName":"Portside Property Group LLC", "ListBrokeragePhone":"(239) 472-3334", "ListBrokeragePostalCode":"33957", "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"1177 Causeway Blvd", "ListBrokerageWebsiteUrl":"https://portsidepropertygroup.com/", "ListOfficeAddress1":"1177 Causeway Blvd ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"PO18385", "ListOfficeCity":"Sanibel", "ListOfficeCountry":"USA", "ListOfficeEmail":"markbohannon1@comcast.net", "ListOfficePostalCode":"33906", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"TOWNHOME - Other - Sanibel, FL", "ListingURL":null, "MLSModificationTimestamp":"2026-03-25 18:00:39", "Neighborhoods":[{"Description":null, "Name":"HERONS LANDINGS I"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":10584, "TaxDescription":"HERONS LANDING PHASE II UNIT F TRACT E AS DESC IN OR 2158/3489", "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 3/25/2026 6:07:47 PM GMT
Source Updated Date: 3/29/2026 7:08:19 AM GMT

Courtesy of: Becky Mulka, Portside Property Group, bmulka@me.com

Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.