540 E Lake Rd
Sanibel, FL 33957
- 3 Beds
- 2 Baths
- 1,393 sqft (on 0.59 acres)
3 Beds
2 Baths
1,393 sqft
(on 0.59 acres)
Local Information
© Google
-- mins to
Description
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. Plenty of room for a pool. Relax and unwind on the back porch with your favorite beverage. Now's your chance to live on island time!
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from August 23, 2023
Home Highlights
Parking
Carport
Outdoor
Yes
View
Lawn/Garden
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 540 E Lake Rd
|
|---|
Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2 |
Dimensions and Layout Living Area: 1393 Square Feet |
Appliances & Utilities Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Refrigerator-Ice maker, Washer, Water HeaterDishwasherDisposalDryerLaundry: Laundry RoomMicrowaveRefrigeratorWasher |
Heating & Cooling Heating: CentralHas CoolingAir Conditioning: Ceiling Fan(s),Central AirHas HeatingHeating Fuel: Central |
Fireplace & Spa No Fireplace |
Windows, Doors, Floors & Walls Window: Impact Resistant WindowsDoor: Sliding Doors, Impact Resistant DoorsFlooring: Tile |
Levels, Entrance, & Accessibility Floors: Tile |
View Has a ViewView: Lawn/Garden |
Security Security: Smoke Detector(s) |
|
|---|
Exterior Home Features Roof: MetalPatio / Porch: ScreenedExterior: StorageFoundation: Raised, Piling Concrete, SlabNo Private Pool |
Parking & Garage Has a CarportNo GarageParking Spaces: 3Parking: 3+ Carport,Covered,Under Bldg |
Frontage Waterfront: None/Not ApplicableNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
|
|---|
Cumulative Days on Market: 160 |
|
|---|
Year Built Year Built: 2018 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family Residence |
Building Construction Materials: Trim Wood, Vinyl Siding |
|
|---|
Price List Price: $975,000 |
Status Change & Dates Off Market Date: Thu Jul 27 2023Possession Timing: Other |
|
|---|
MLS Status: Closed |
|
|---|
Direction & Address City: SanibelCommunity: Sanibel Highlands |
|
|---|
Building Area Building Area: 1871 Square Feet |
|
|---|
No HOA |
|
|---|
Lot Area: 0.59 acres |
|
|---|
Listing Terms: BTF/Cash |
|
|---|
Mls Number: 2230246 |
Last check for updates: about 17 hours ago
Listed by Dana G Foster, (239) 989-2136
John R. Wood Properties
Bought with: Chip C Wolfe, (239) 848-0906, RE/MAX REALTY GROUP
Source: Sanibel And Captiva Island AOR, MLS#2230246

Price History for 540 E Lake Rd
| Date | Price | Event | Source |
|---|---|---|---|
| 08/22/2023 | $950,000 | Sold | Sanibel And Captiva Island AOR #2230246 |
| 07/16/2023 | $975,000 | Pending | Sanibel And Captiva Island AOR #2230246 |
| 07/01/2023 | $975,000 | PriceChange | Sanibel And Captiva Island AOR #2230246 |
| 05/26/2023 | $1,000,000 | PriceChange | Sanibel And Captiva Island AOR #2230246 |
| 04/20/2023 | $1,025,000 | PriceChange | Sanibel And Captiva Island AOR #2230246 |
| 03/29/2023 | $1,060,000 | PriceChange | Florida Gulf Coast MLS #223013941 |
| 02/19/2023 | $1,100,000 | Listed For Sale | Sanibel And Captiva Island AOR #2230246 |
| 07/31/2017 | $162,500 | Sold | Florida Gulf Coast MLS #217026263 |
| 08/24/2004 | $222,500 | Sold | N/A |
Market trends in Sanibel
Last updated May 2026
Avg. sale price
$878K
$33.33KMoM
Sale-to-List Price
93.2%
0.1%MoM
Price per sq ft
$560
$13MoM
Available listings
441
48MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $10,402 |
| Assessment | $698,416 |
Home facts updated by county records
Homeowner tools
Estimated monthly rent$3,677/mo
Homes for rent near 540 E Lake Rd
See what comparable homes in the neighborhood are renting for.Comparable Sales for 540 E Lake Rd
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.09 | Single-Family Home | $610,000 | 03/30/26 | 3 | 2 | 1,152 | |
0.40 | Single-Family Home | $929,000 | 09/12/25 | 3 | 2 | 1,250 | |
0.07 | Single-Family Home | $961,714 | 11/20/25 | 4 | 3 | 2,048 | |
0.32 | Single-Family Home | $779,000 | 12/17/25 | 3 | 2 | 1,494 | |
0.22 | Single-Family Home | $605,000 | 04/07/26 | 2 | 2 | 1,124 | |
0.39 | Single-Family Home | $700,000 | 02/26/26 | 3 | 2 | 1,722 | |
0.26 | Single-Family Home | $850,000 | 02/24/26 | 2 | 2 | 1,401 | |
0.13 | Single-Family Home | $513,000 | 12/18/25 | 3 | 2 | 1,247 | |
0.20 | Single-Family Home | $1,355,000 | 01/15/26 | 3 | 3 | 2,217 | |
0.19 | Single-Family Home | $525,000 | 09/24/25 | 3 | 2.5 | 1,440 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 540 E Lake Rd.
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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Apartments for Rent
Explore by feature - Pet Friendly
Explore by feature - Garage
Explore by feature - Air Conditioning
Explore by feature - Pool
Explore by feature - Washer/dryer
Homes for sale near 540 E Lake Rd
Off Market Homes Near 540 E Lake Rd

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
540 E Lake Rd, Sanibel, FL 33957 is a 3 bedroom, 2 bathroom, 1,393 sqft single-family home built in 2018. This property is not currently available for sale. 540 E Lake Rd was last sold on Aug 22, 2023 for $950,000 (3% lower than the asking price of $975,000). The current Trulia Estimate for 540 E Lake Rd is $806,600.

