540 E  Lake Rd, Sanibel, FL 33957
Property image
Property image
OFF MARKET

$812,700

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,383 sqft (on 0.62 acres)

540 E Lake Rd, Sanibel, FL 33957

Est. Refi. Payment $5,266/mo*
Refinance Your Home
Currently Off Market - Sold Aug 22, 2023 for $950,000

Home Value

Trulia Estimate
$813K
Since last month
Increased$17K (+2.2%)
Since last year
Decreased$41K (-4.8%)
Since last sale
Decreased$137K (-14.5%)
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 increased by +33% in the last 10 years
MonthEstimated value
2026
August 2026$813K
August 2026$809K
July 2026$795K
June 2026$817K
May 2026$817K
April 2026$831K
March 2026$830K
February 2026$844K
January 2026$887K
2025
2024
2023
2022
2021
2020

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
0.08
Single-Family Home
$835,000
08/13/26
3
2
1,248
0.10
Single-Family Home
$610,000
03/30/26
3
2
1,152
0.10
Single-Family Home
$1,175,000
08/25/26
3
2
1,871
0.40
Single-Family Home
$875,000
08/19/26
3
2
1,250
0.08
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
0.16
Single-Family Home
$662,300
07/01/26
3
2.5
1,491
0.26
Single-Family Home
$850,000
02/24/26
2
2
1,401

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
0.06
$450,000
3
2
1,293
For Sale
0.06
$450,000
3
2
1,293
For Sale
0.05
$327,900
2
2
900
Off Market
0.07
$810,200
3
2
2,216
Off Market
0.10
$664,000
3
2
1,650
For Sale
0.10
$587,300
3
2
1,365
Off Market
0.08
$835,000
3
2
1,248
Recently Sold
0.08
$961,714
4
3
2,048
Recently Sold
0.11
$430,000
2
2
888
For Sale
0.10
$610,000
3
2
1,152
Recently Sold
0.10
$546,100
3
2
1,144
Off Market
0.12
$513,000
3
2
1,247
Recently Sold

Local Information

  • Map ViewExplore the area around 540 E Lake Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School6 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 2018
0.62 acre lot
1,383 sqft
$588/sqft

About this House

This single-family home is located at 540 E Lake Rd, Sanibel, FL. 540 E Lake Rd is in Sanibel, FL and in ZIP code 33957. This property has 3 bedrooms, 2 bathrooms and approximately 1,383 sqft of floor space. This property has a lot size of 0.62 acres and was built in 2018.
540 E Lake Rd, Sanibel, FL 33957 is a 3 bedroom, 2 bathroom, 1,383 sqft single-family home built in 2018. It last sold for $950,000 on Aug 22, 2023. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $812,700, with a rent estimate of $3,124/month.

Home Details for 540 E Lake Rd

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Floors: Carpet

Exterior Features

Exterior Home Features
Roof: MetalExterior: Other
Parking & Garage
Parking: Carport

Property Information

Year Built
Year Built: 2018
Property Type / Style
Property Type: Single Family HomeArchitecture: ranch

Community

Units in Building: 1

Lot Information

Lot Area: 0.62 acres

Price and Tax history

DateEventPrice
Aug 22, 2023
Source: Florida Gulf Coast MLS #223013941
Sold
$950,000
Jul 16, 2023
Source: Sanibel And Captiva Island AOR #2230246
Pending
$975,000
Jul 1, 2023
Source: Sanibel And Captiva Island AOR #2230246
PriceChange
$975,000
Price decreased by 3%
May 26, 2023
Source: Sanibel And Captiva Island AOR #2230246
PriceChange
$1,000,000
Price decreased by 2%
Apr 20, 2023
Source: Sanibel And Captiva Island AOR #2230246
PriceChange
$1,025,000
Price decreased by 3%

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. Itโ€™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 peopleโ€™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
    "Itโ€™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! Itโ€™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. Itโ€™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. Itโ€™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 arenโ€™t allowed in my neighborhood. Otherwise there are places to walk dogs. Dogs are not allowed st the Farmersโ€™ Market. "
  • cp a.
    " Marti Gras, Christmas Parade, Hula dancers, friendly people, Beautiful birds, safe walking, bike paths, wonderful farmersโ€™ 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. Itโ€™s close to the beach. People walk and bike everywhere."
  • Philomena L.
    "Renting a timeshare and just got here. Itโ€™s very beautiful but donโ€™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

Frequently asked questions about 540 E Lake Rd

  • What is 540 E Lake Rd estimated to be worth?
    Trulia's estimated value for 540 E Lake Rd in Sanibel, FL is $812,700.
  • What is the price history for 540 E Lake Rd?
    540 E Lake Rd in Sanibel, FL last sold for $950,000 in August 2023.
  • 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 540 E Lake Rd have air conditioning?
    Yes, 540 E Lake Rd in Sanibel, FL has air conditioning.
  • How big is the lot at 540 E Lake Rd?
    The lot at 540 E Lake Rd in Sanibel, FL is about 0.62 acres (27,007 sq ft).

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