Priced significantly below replacement cost! You could not buy the lot and build the house for even close to this price. The cost of construction alone would be at least $1M and the lot would be at least $600K. The owners are losing money at even at full list. They bought the home for $1,050,000 in 2008 and they updated the bathrooms, replaced the roof, and add all of the expensive impact rated hurricane windows and sliders. This home is an amazing deal for an investor or owner to buy and hold for significant future appreciation once the island recovers. If buyer is interested, it is possible to replace the spiral staircase with a traditional staircase with a few small tweaks to the living room layout. Plans and pricing available upon request. This beach side oasis embodies tropical charm and Florida living. This 3-bedroom 3-bathroom home is located just across a quaint Gulf drive from a stunning world renown beach and along the Sanibel River with the beautiful fairways of the Sanibel Island Golf Club beyond. In a setting like no other this home boasts stunning river and golf course views while literally being just steps down the bike path to one of Sanibel's nicest beach accesses. The cheerful home greets you with a large open front porch perfect for a morning cup of coffee and you listen to the surf crash on the beach. Entering the home, you notice soaring two story ceilings and gorgeous views through the bank of impact rated sliding glass doors beyond. The beautiful wood floors lead you to the stunning open kitchen great for entertaining. The large screened back porch has views of your private pool and spa and then the river and golf course beyond. Peace of mind is brought with the new roof added in 2021 and impact rated windows and sliders. The warm ambiance and happy aura of this home is sure to lift your spirits as you enjoy the island life along the Gulf.
Listing courtesy of Premier Sotheby's Int'l Realty. Selling Office: .
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