5438 Shearwater DR

$1,765,000

  • 2460 sqft
  • 3 Beds
  • 3 Baths
  • 2 Garages

General Information

  • List Price : $1,765,000
  • City : SANIBEL
  • Acres : 0.071
  • MLS Area : 4144
  • Status Type : Resale Property
  • Approx. Living Area : 2460
  • Furnished : Partially
  • Date Created : 2025-07-04
  • MLS Number : 225060952
  • State Or Province : FL
  • Subdivision : HERONS LANDINGS I
  • County : Lee
  • Bedrooms : 3
  • Approx. Total Area : 4144
  • Year Built : 1990
  • Potential Short :
  • DOM : 286
  • Address : 5438 Shearwater DR
  • Postal Code : 33957
  • Development : Array
  • Property Type : Residential
  • Bath Full : 3
  • Price per Sq Ft : $571
  • Property Id : 13-46-21-T2-00400.E0F0
  • Status : Active
  • CDOM : 286

Description

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 within close proximity 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. Within the gated Shearwater community, residents enjoy an elevated coastal lifestyle with access to pickleball and tennis courts, a kayak launch area, a fishing pier, and deeded beach access with convenient golf cart parking — thoughtfully designed to embrace the island’s outdoor, water-centric way of life. 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.

Provided by Portside Property Group

Detailed Property Information

  • Ownership : Condo
  • Waterfront Y/N : 1
  • Boat Access : None
  • Cooling : Ceiling Fan(s), Central Electric
  • Kitchen :
  • Amenities : Beach Access, Pool, Spa/Hot Tub, Fishing Pier, Internet Access, Pickleball, Tennis Court(s)
  • Restrictions : Architectural, Deeded
  • Building Design :
  • View : Gulf, Mangroves
  • Waterfront Desc : Lagoon, Mangrove
  • Elementary School : SCHOOL OF CHOICE
  • High School : SCHOOL OF CHOICE
  • Floor Plan Type : 2 Story
  • Private Pool Y/N :
  • Bedroom Desc : Master BR Upstairs
  • Equipment : Cooktop - Electric, Dishwasher, Disposal, Dryer, Microwave, Refrigerator/Icemaker, Security System, Self Cleaning Oven, Smoke Detector, Wall Oven, Washer, Wine Cooler
  • Additional Rooms : Den - Study, Guest Bath, Guest Room, Laundry in Residence
  • Storm Protection : Impact Resistant Doors, Impact Resistant Windows, Shutters Electric, Shutters - Manual
  • Building Features : DSL/Cable Available
  • Community Type : Gated
  • Gulf Access Y/N :
  • Gulf Access Type :
  • Middle School : SCHOOL OF CHOICE
  • Pets : Yes
  • Heating :
  • Windows :
  • Flooring : Carpet, Tile
  • Private Spa Y/N :
  • Dining Desc : Dining - Family
  • Exterior Features :

Unit / Building Information

  • Unit Floor : 5438
  • Unit Number :
  • Construction : Concrete Block, Stucco, Vinyl Siding
  • Total Floors : 2
  • Units in Building : 2
  • Elevator : Private
  • Building Desc : 2 Story
  • Units in Complex : 8
  • Roof : Built-Up, Shingle

Lot Information

  • Rear Exposure : SW
  • Range :
  • Sewer :
  • Lot Unit :
  • Section :
  • Irrigation : Other
  • Block : 400
  • Township :
  • Water : Central
  • Lot Desc : Cul-De-Sac

Financial Information

  • Condo Fee : 0
  • Approval :
  • Tax Year : 2024
  • Condo Fee Freq :
  • Management : Professional
  • Possession : Array
  • Tax Desc :
  • Maintenance : Insurance, Irrigation Water, Lawn/Land Maintenance, Legal/Accounting, Manager, Pest Control Exterior, Reserve, Sewer, Street Maintenance, Trash Removal, Water

Additional Details

  • Amenities :
  • County Or Parish : Lee
  • Foreclosed REOYN :
  • Gulf Access YN :
  • Irrigation : Other
  • Legal Unit :
  • Lot Type :
  • Management : Professional
  • Master HOA Fee Freq : Quarterly
  • Original List Price : 1795000
  • Parcel Number : 13-46-21-T2-00400.E0F0
  • Planned Use :
  • Postal Code Plus :
  • Property Type : Residential
  • Restrictions : Architectural, Deeded
  • Section :
  • Source of Measurements :
  • State Or Province : FL
  • Street Dir Prefix :
  • Street Number : 5438
  • Sub Condo Name :
  • Unit Number :
  • View : Gulf, Mangroves
  • Waterfront YN : 1
  • CDOM : 286
  • Close Date :
  • Community Type : Gated
  • Date Created : 2025-07-04
  • Full Address : 5438 Shearwater DR
  • Last Change Timestamp : 2026-03-25T17:02:29.830Z
  • List Price : $1,765,000
  • Lot Unit :
  • Mandatory Club Fee Freq :
  • MLS Area Major : SI01 - Sanibel Island
  • Photo Count : 35
  • Possession : Array
  • Potential Short Sale YN :
  • Range :
  • Road : Gravel, Unpaved Road
  • Sewer :
  • Status : Active
  • Street Dir Suffix :
  • Subdivision Info : HERONS LANDINGS I
  • Table : Residential
  • Township :
  • Water : Central
  • Zoning Code:
  • Association Mngmt Phone : (239) 472-3334
  • Boat Access : None
  • Canal Width : $
  • City : SANIBEL
  • Condo Fee : 0
  • Condo Fee Freq :
  • Current Price : $1,765,000
  • DOM : 286
  • Elevation :
  • Gulf Access Type :
  • Master HOA Fee Freq : 3857
  • Land Lease Fee Freq :
  • Last Change Type :
  • Legal Desc :
  • Maintenance : Insurance, Irrigation Water, Lawn/Land Maintenance, Legal/Accounting, Manager, Pest Control Exterior, Reserve, Sewer, Street Maintenance, Trash Removal, Water
  • Mandatory HOA Y/N : 0
  • Matrix Modified DT : 2026-04-16T18:03:09.635Z
  • MLS Number : 225060952
  • Other PI Ds :
  • Photo Modification Timestamp : 2026-02-12T18:16:39.407Z
  • Postal Code : 33957
  • Price Per Acre : 24,859,155
  • Rear Exposure : SW
  • Room Count : 0
  • Source of Measure Lot Dimensions :
  • Status Type : Resale Property
  • Street Name : Shearwater
  • Street Suffix : DR
  • Tax Desc :
  • Tax Year : 2024
  • Trees :
  • Utilities Available :
  • Waterfront Desc :
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5438 Shearwater DR

$1,765,000