540 E  Lake Rd, Sanibel, FL 33957
OFF MARKET

540 E Lake Rd
Sanibel, FL 33957

  • 3 Beds
  • 2 Baths
  • 1,393 sqft (on 0.59 acres)

$806,600

Trulia Estimate
as of Jun 18, 2026
Est. Refi. Payment $5,006/mo*

$806,600

Trulia Estimate
as of Jun 18, 2026
Est. Refi. Payment $5,006/mo*
3 Beds
2 Baths
1,393 sqft
(on 0.59 acres)

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

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

Interior Features

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 Features

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

Days on Market

Cumulative Days on Market: 160

Property Information

Year Built
Year Built: 2018
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Construction Materials: Trim Wood, Vinyl Siding

Price & Status

Price
List Price: $975,000
Status Change & Dates
Off Market Date: Thu Jul 27 2023Possession Timing: Other

Active Status

MLS Status: Closed

Location

Direction & Address
City: SanibelCommunity: Sanibel Highlands

Building

Building Area
Building Area: 1871 Square Feet

HOA

No HOA

Lot Information

Lot Area: 0.59 acres

Offer

Listing Terms: BTF/Cash

Miscellaneous

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

DatePriceEventSource
08/22/2023$950,000Sold
Sanibel And Captiva Island AOR #2230246
07/16/2023$975,000PendingSanibel And Captiva Island AOR #2230246
07/01/2023$975,000PriceChange
Sanibel And Captiva Island AOR #2230246
05/26/2023$1,000,000PriceChange
Sanibel And Captiva Island AOR #2230246
04/20/2023$1,025,000PriceChange
Sanibel And Captiva Island AOR #2230246
03/29/2023$1,060,000PriceChange
Florida Gulf Coast MLS #223013941
02/19/2023$1,100,000Listed For SaleSanibel And Captiva Island AOR #2230246
07/31/2017$162,500Sold
Florida Gulf Coast MLS #217026263
08/24/2004$222,500Sold
N/A

Market trends in Sanibel

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$878K
$33.33K
MoM
Sale-to-List Price
93.2%
0.1%
MoM
Price per sq ft
$560
$13
MoM
Available listings
441
48
MoM
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Property Tax and Assessment

Year2025
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

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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

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Assigned Schools

These are the assigned schools for 540 E Lake Rd.
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."

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Homes for sale near 540 E Lake Rd

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Off Market Homes Near 540 E Lake Rd

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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.