$812,700
- 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 HomeCurrently Off Market - Sold Aug 22, 2023 for $950,000
Home Value
Trulia Estimate
$813KSince 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
| Month | Estimated 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
-- mins to
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
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Heating & Cooling Heating: Forced AirAir ConditioningCooling System: CentralHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 1Floors: Carpet |
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Exterior Home Features Roof: MetalExterior: Other |
Parking & Garage Parking: Carport |
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Year Built Year Built: 2018 |
Property Type / Style Property Type: Single Family HomeArchitecture: ranch |
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Units in Building: 1 |
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Lot Area: 0.62 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
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% |
Mar 29, 2023 Source: Florida Gulf Coast MLS #223013941 | PriceChange | $1,060,000 Price decreased by 4% |
Feb 19, 2023 Source: Sanibel And Captiva Island AOR #2230246 | Listed For Sale | $1,100,000 |
Jul 31, 2017 Source: Florida Gulf Coast MLS #217026263 | Sold | $162,500 |
Aug 24, 2004 Source: N/A | Sold | $222,500 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $10,402 | $698,416 |
Home facts updated by county records
Market trends in Sanibel
Last updated July 2026
Avg. sale price
$1.03M
$13.33KMoM
Sale-to-List Price
92.7%
0.2%MoM
Price per sq ft
$576
$1MoM
Available listings
347
46MoM
Around this home
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
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).

