487 E Gulf DR, Sanibel, FL 33957
Property image
Property image
OFF MARKET

$960,800

Trulia Estimate
  • 3 Beds
  • 3.5 Baths
  • 2,244 sqft

487 E Gulf DR, Sanibel, FL 33957

Est. Refi. Payment $6,161/mo*
Refinance Your Home
Currently Off Market - Sold Sep 23, 2025 for $975,000

Home Value

Trulia Estimate
$961K
Since last month
Increased$4K (+0.4%)
Since last year
Increased$13K (+1.4%)
Since last sale
Decreased$14K (-1.4%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value decreased by -52% in the last 10 years
MonthEstimated value
2026
August 2026$961K
August 2026$961K
July 2026$958K
June 2026$947K
May 2026$950K
April 2026$939K
March 2026$925K
February 2026$941K
January 2026$960K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
4.98
Townhouse
$310,000
04/07/26
2
2.5
1,101
5.03
Townhouse
$285,000
07/20/26
2
2.5
1,101
5.03
Townhouse
$275,000
06/22/26
2
2.5
1,101
5.02
Townhouse
$212,500
02/27/26
2
2.5
1,102
5.08
Townhouse
$295,000
12/01/25
2
2.5
1,101
5.02
Townhouse
$200,000
01/21/26
2
2.5
1,101
5.08
Townhouse
$260,000
10/20/25
2
2.5
1,101

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.00
$1,440,100
3
3.5
2,129
Off Market
0.00
$1,440,100
3
3.5
2,129
Off Market
0.05
$2,100,000
4
3.5
3,018
Recently Sold
0.02
$1,450,000
2
2
1,162
For Sale
0.07
$795,000
-
-
-
For Sale
0.04
$3,500,000
4
4.5
2,686
For Sale
0.09
$1,095,000
2
2
986
For Sale
0.09
$1,095,000
2
2
986
For Sale
0.12
$1,712,400
3
3
2,898
Off Market
0.13
$915,700
3
2
1,867
Off Market
0.14
$1,022,200
4
3.5
2,616
Off Market

Local Information

  • Map ViewExplore the area around 487 E Gulf DR.
  • Schools1 Preschool School1 Elementary School1 Middle School6 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Townhouse
Year Built
1982
Living Area
2,244 sqft
Price/Sqft
$428
Parking
2 Car Garage
HOA
$2,667/Monthly

About this House

EXCEPTIONAL PROPERTY PRICED TO SELL - GULF FRONTAGE TOWNHOUSE WITH PRIVATE ELEVATOR! This 2-story, 2244 sq ft townhouse is set in a unique year-round private residential community—no rentals allowed—offering unmatched tranquility and exclusivity. Situated directly ON THE BEACH with 250 feet of pristine GULF FRONTAGE, it features BRAND-NEW IMPACT WINDOWS, a private elevator opening to a dramatic great room with stone floors, soaring 2-story coral walls, and a fireplace. The interior is free from hurricane damage or water intrusion, and a new pool is scheduled for completion this fall. Floor-to-ceiling windows fill the home with natural light, complemented by electric shutters for convenience and privacy. Enjoy a chef’s kitchen with generous space for both cooking and dining, a primary suite with deck access, and a spacious 2-car garage with extra storage. A new pool will be completed this fall. This is the perfect property to embrace the coastal lifestyle at an unbeatable value! THIS PROPERTY QUALIFIES FOR A 1% LENDER INCENTIVE IF USING PREFERRED LENDER, INQUIRE FOR MORE DETAILS**. Renderings that showcase furniture have been virtually staged.
487 E Gulf DR, Sanibel, FL 33957 is a 3 bedroom, 4 bathroom, 2,244 sqft townhouse built in 1982. It last sold for $975,000 on Sep 23, 2025 (2% below the $999,900 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $960,800, with a rent estimate of $4,843/month.
Last check for updates: about 7 hours ago
Listed by Claire Gogan, (239) 323-4603
EXP Realty LLC
Jackie LaVallee, (617) 792-4323
EXP Realty LLC
Bought with: Mario Furillo, (239) 232-2499, EXP Realty LLC
Originating MLS: Naples
Source: SWFLMLS, MLS#225065528

Home Details for 487 E Gulf DR

Interior Features

Interior Details
Number of Rooms: 3Types of Rooms: Bedroom, Dining Room, Kitchen
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 4Number of Bathrooms (full): 3Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 2244 Square Feet
Appliances & Utilities
Appliances: Gas Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator/Freezer, Self Cleaning Oven, Oven, WasherDishwasherDisposalDryerLaundry: InsideMicrowaveWasher
Heating & Cooling
Heating: CentralHas CoolingAir Conditioning: Ceiling Fan(s),Central AirHas HeatingHeating Fuel: Central
Fireplace & Spa
Spa: BathHas a FireplaceNo Spa
Windows, Doors, Floors & Walls
Window: Window Coverings, Impact Resistant Windows, Shutters ElectricFlooring: Carpet
Levels, Entrance, & Accessibility
Stories: 3Number of Stories: 3Levels: Multi/SplitFloors: Carpet
View
Has a ViewView: Gulf, Landscaped Area, Partial Buildings, Pool/Club, Water
Security
Security: Security System, Smoke Detector(s)

Exterior Features

Exterior Home Features
Roof: Built Up Rolled Hot MopPatio / Porch: Deck, Open Porch/LanaiOther Structures: StorageExterior: StorageFoundation: Concrete BlockNo Private Pool
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageHas an Attached GarageParking Spaces: 2Parking: Covered,Attached
Pool
Pool: Community
Frontage
WaterfrontWaterfront: Gulf Frontage, On the Gulf BeachRoad Surface Type: PavedOn Waterfront
Farm & Range
Not Allowed to Raise Horses

Property Information

Year Built
Year Built: 1982
Property Type / Style
Property Type: ResidentialProperty Subtype: TownhouseStructure Type: Duplex, TownhouseArchitecture: Duplex,Townhouse
Building
Building: DSL/Cable AvailableConstruction Materials: Block, Frame, StuccoNot a New Construction
Property Information
Parcel Number: 204623T303100.4870

Price & Status

Price
List Price: $999,900
Status Change & Dates
Off Market Date: Tue Sep 23 2025

Active Status

MLS Status: Closed

Location

Direction & Address
City: SANIBELCommunity: TIGUA CAY CONDO
School Information
Elementary School: THE SANIBEL SCHOOLJr High / Middle School: CYPRESS LAKE HIGH SCHOOLHigh School: SOUTH FORT MYERS HIGH SCHOOL

Building

Building Area
Building Area: 2947 Square Feet

Community

Community Features: Pool, Non-GatedNot Senior Community

HOA

Association for this Listing: NaplesHas an HOAHOA Fee: $32,000/Annually

Lot Information

Lot Area: 3515.292 sqft

Offer

Contingencies: Inspection

Miscellaneous

Mls Number: 225065528Water ViewWater View: Gulf, Water

Additional Information

HOA Amenities: Beach Access,Bike Storage,Pool,Storage,Internet Access,Underground Utility

Price and Tax history

DateEventPrice
Sep 23, 2025
Source: SWFLMLS #225065528
Sold
$975,000
Sep 8, 2025
Source: SWFLMLS #225065528
Pending
$999,900
Aug 14, 2025
Source: SWFLMLS #225065528
Listed For Sale
$999,900
Jul 1, 2025
Source: SWFLMLS #224086579
ListingRemoved
$1,200,000
May 6, 2025
Source: SWFLMLS #224086579
PriceChange
$1,200,000
Price decreased by 20%

Market trends in Sanibel

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$1.03M
$13.33K
MoM
Sale-to-List Price
92.7%
0.2%
MoM
Price per sq ft
$576
$1
MoM
Available listings
347
46
MoM

Around this home

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Sanibel

At least 52 Trulia users voted on each feature.
  • 84 % Say it's dog friendly

  • 83 % Say it's quiet

  • 81 % Say people would walk alone at night

  • 75 % Say parking is easy

  • 72 % Say car is needed

  • 67 % Say there's wildlife

  • 64 % Say yards are well-kept

  • 64 % Say there's holiday spirit

  • 62 % Say they plan to stay for at least 5 years

  • 56 % Say it's walkable to restaurants

  • 49 % Say it's walkable to grocery stores

  • 47 % Say neighbors are friendly

  • 44 % Say there are community events

  • 41 % Say there are sidewalks

  • 27 % Say kids play outside

  • 17 % Say streets are well-lit

Sourced by Trulia users. Learn more about our methodology.
  • Jim Ford
    "Lots of open space and natural areas to walk the dogs. Generally accepted on some beaches and most woodlands"
  • Aerica B.
    "There are always friendly neighbors walking their dogs. It’s honestly a good way to meet your neighbors and get to know them. I love how everyone is so dog friendly. Everyone is always great about cleaning up after their dogs too and not letting them run around loose and get into other people’s yard. Everyone respects each other and I love it!"
  • Cp.andrews
    "Two thirds of Sanibel is preserved for wildlife. It has over 25 miles of off-road bike trails. The beaches are open. It is a beautiful place. "
  • Kspotoka
    "The majority homes in our neighborhood have dogs. Owners always walk their dogs on leashes and there are no issues or neighborhood problems."
  • Laurie
    "Halloween is awesome and the golf course is awesome and the beach is the best part of the entire island"
  • Aschanie
    "It’s a great place to vacation we have been coming here every year for the past 20 years. We have also stayed on Captiva "
  • Leslie O.
    "Want to come back! It’s a lovely island. Everyone is super friendly and helpful. The local shops are fun and cute!"
  • Laurie G.
    "The beach is down the street with dolphins and manatees. School is blue ribbon awarded and the class sizes are very small"
  • Cp.andrews
    "I work in Tampa so there is no public transportation. This is a FLORIDA issue. My commute is not normal however. I go in once per week. "
  • Nericynthia
    "This is a very quiet and friendly neighborhood. It’s so close to the beach you can hear the waves. The deeded beach access allows you to leave your beach chairs on the private path, ready! so your day at the beach is a breeze. There are rarely more than 5 other people on the beach. It’s like owning on the gulf at a fraction of the cost. "
  • Nericynthia
    "Dogs are welcome on the beach! You can easily walk your leashed dog on the beach. There are a number of other dogs in the neighborhood. People are very friendly. Dogs are welcome lots of places in Sanibel. "
  • JRD
    "Sanibel is as close to heaven on earth as possible. Natural beauty everywhere, nice people an abundance of intellectual activities and the beach on your doorstep"
  • cp a.
    "Dogs aren’t allowed in my neighborhood. Otherwise there are places to walk dogs. Dogs are not allowed st the Farmers’ Market. "
  • cp a.
    " Marti Gras, Christmas Parade, Hula dancers, friendly people, Beautiful birds, safe walking, bike paths, wonderful farmers’ market. "
  • cp a.
    "Sanibel is 2/3 preserves lands. It is natural and beautiful. It has over 25 miles of bike trails. The community is caring and dedicated to the future of the Island. There are many great volunteers. "
  • Bruschjj
    "There are lakes where birds fly in and out all day. It’s close to the beach. People walk and bike everywhere."
  • Philomena L.
    "Renting a timeshare and just got here. It’s very beautiful but don’t know much else. I would recommend it to anyone."
  • Thomas S.
    "Quiet community, very friendly neighbors. Clean well kept properties surrounding a golf course"
  • willisjodi
    "If you're looking for privacy, safety, and you love the beach and gulf this is the neighborhood to be in. Most beautiful place in Florida."

LGBTQ Local Legal Protections

The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2026 Southwest Florida MLS. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.

Frequently asked questions about 487 E Gulf DR

  • What is 487 E Gulf DR estimated to be worth?
    Trulia's estimated value for 487 E Gulf DR in Sanibel, FL is $960,800.
  • What is the price history for 487 E Gulf DR?
    487 E Gulf DR in Sanibel, FL last sold for $975,000 in September 2025.
  • Is Sanibel a buyer's or seller's market?
    Sanibel is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Sanibel?
    The median sale price in Sanibel is $1.03M. That is up $13.33K from the prior month.
  • Does 487 E Gulf DR have air conditioning?
    Yes, 487 E Gulf DR in Sanibel, FL has air conditioning.
  • Does 487 E Gulf DR have a pool?
    Yes, 487 E Gulf DR in Sanibel, FL has a pool.

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