About 5438 Shearwater Drive, Sanibel, Florida, 33957
Elevated Coastal Living at Shearwater | Sanibel Island Experience a rare offering on Sanibel Island — an expansive luxury residence that delivers the privacy and square footage of a single-family home with the ease and refinement of upscale condominium living. Located within the prestigious golf and beach community of The Sanctuary, this exceptional Shearwater residence offers generous living spaces, high ceilings, and thoughtfully designed interiors ideal for those who desire room to entertain without the full-time demands of estate ownership. With few properties on Sanibel offering this combination of size, amenities, and low-maintenance convenience, Shearwater represents a truly unique market opportunity. Designed for the discerning buyer — whether transitioning from a larger Captiva estate, seeking proximity to championship golf, or simply wanting refined coastal living near the beach — this residence checks nearly every box. Golf enthusiasts will appreciate close access to The Sanctuary Golf Club’s private championship course, while beach lovers are moments from Sanibel’s world-renowned shoreline, shelling beaches, and Gulf sunsets. Spacious indoor-outdoor living areas allow for effortless entertaining, seasonal hosting, and relaxed island living. Shearwater appeals to: • Golfers wanting immediate access to premier fairways • Beachcombers who value privacy and proximity to the Gulf • Single-family homeowners ready to simplify without downsizing dramatically • Luxury condo owners looking for significantly more square footage • Captiva residents seeking a refined Sanibel alternative This is not just another property — it is a different product entirely. A rare intersection of space, amenities, prestige, and ease. Shearwater offers an unmatched lifestyle proposition on Sanibel Island.
Irrigation Source : Other
Utilities : CableAvailable, HighSpeedInternetAvailable
Water Source : Public
Sewer System : PublicSewer
Community Features : Gated
Association Amenities : BeachRights, BeachAccess, Pier, Pickleball, Pool, SpaHotTub, TennisCourts, Management
Association : true
Association Fee : 3857
Association Fee Includes : AssociationManagement, Insurance, IrrigationWater, LegalAccounting, MaintenanceGrounds, PestControl, ReserveFund, RoadMaintenance, Sewer, Trash, Water
Association Fee Frequency : Quarterly
Parking Features : Deck, SecurityHighImpactDoors, Patio, ShuttersElectric, ShuttersManual
Garage : Yes.
Attached Garage : Yes.
Garage Spaces: 2
Security Features : BurglarAlarmMonitored, SecurityGate, GatedCommunity, SecuritySystem, SmokeDetectors
Exterior Features : Deck, SecurityHighImpactDoors, Patio, ShuttersElectric, ShuttersManual
Lot Features : CulDeSac, DeadEnd
Road Surface Type : Gravel, Unimproved
Roof : BuiltUp, Flat, Shingle
Waterfront : Yes.
Waterfront Features : Lagoon, Mangrove
Architectural Style : TwoStory
Property Sub-Type Additional : Townhouse
Property Condition : Resale
Pool Features : Community
Heating : Yes.
Heating : Central, Electric
Cooling : Yes.
Cooling : CentralAir, CeilingFans, Electric
Construction Materials : Block, Concrete, Stucco, VinylSiding
Interior Features : WetBar, BuiltInFeatures, Bathtub, TrayCeilings, ClosetCabinetry, CathedralCeilings, DualSinks, FamilyDiningRoom, FrenchDoorsAtriumDoors, HighCeilings, LivingDiningRoom, Pantry, SeeRemarks, SeparateShower, CableTv, UpperLevelPrimary, VaultedCeilings, Elevator, HighSpeedInternet
Laundry Features : Inside, LaundryTub
Appliances : BuiltInOven, Dryer, Dishwasher, ElectricCooktop, Disposal, IceMaker, Microwave, Refrigerator, RefrigeratorWithIceMaker, SelfCleaningOven, WineCooler, Washer
Door Features : FrenchDoors
Window Features : CasementWindows, ImpactGlass
Flooring : Carpet, Tile
Irrigation Source : Other
Utilities : CableAvailable, HighSpeedInternetAvailable
Water Source : Public
Sewer System : PublicSewer
Community Features : Gated
Association Amenities : BeachRights, BeachAccess, Pier, Pickleball, Pool, SpaHotTub, TennisCourts, Management
Association : true
Association Fee : 3857
Association Fee Includes : AssociationManagement, Insurance, IrrigationWater, LegalAccounting, MaintenanceGrounds, PestControl, ReserveFund, RoadMaintenance, Sewer, Trash, Water
Association Fee Frequency : Quarterly
Parking Features : Deck, SecurityHighImpactDoors, Patio, ShuttersElectric, ShuttersManual
Garage : Yes.
Attached Garage : Yes.
Garage Spaces: 2
Security Features : BurglarAlarmMonitored, SecurityGate, GatedCommunity, SecuritySystem, SmokeDetectors
Exterior Features : Deck, SecurityHighImpactDoors, Patio, ShuttersElectric, ShuttersManual
Lot Features : CulDeSac, DeadEnd
Road Surface Type : Gravel, Unimproved
Roof : BuiltUp, Flat, Shingle
Waterfront : Yes.
Waterfront Features : Lagoon, Mangrove
Architectural Style : TwoStory
Property Sub-Type Additional : Townhouse
Property Condition : Resale
Pool Features : Community
Heating : Yes.
Heating : Central, Electric
Cooling : Yes.
Cooling : CentralAir, CeilingFans, Electric
Construction Materials : Block, Concrete, Stucco, VinylSiding
Interior Features : WetBar, BuiltInFeatures, Bathtub, TrayCeilings, ClosetCabinetry, CathedralCeilings, DualSinks, FamilyDiningRoom, FrenchDoorsAtriumDoors, HighCeilings, LivingDiningRoom, Pantry, SeeRemarks, SeparateShower, CableTv, UpperLevelPrimary, VaultedCeilings, Elevator, HighSpeedInternet
Laundry Features : Inside, LaundryTub
Appliances : BuiltInOven, Dryer, Dishwasher, ElectricCooktop, Disposal, IceMaker, Microwave, Refrigerator, RefrigeratorWithIceMaker, SelfCleaningOven, WineCooler, Washer
Door Features : FrenchDoors
Window Features : CasementWindows, ImpactGlass
Flooring : Carpet, Tile

Street Address: 5438 Shearwater Drive
City: Sanibel
State: Florida
Postal Code: 33957
County: Lee

Property Information :
Listing Status: Active
Size: 4,144 Sqft
Lot Size: 0.07 Acres
MLS #: 225060952
Bedrooms: 3 bd
Bathrooms: 3.5 ba
Price: $1,765,000
Tax Amount: 10583.55
Construction Status: Built in 1990
Last Modified : Feb 21 2026 8:40PM
Amenities :
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Courtesy of: Becky Mulka, Portside Property Group (MLS# PO18385)
Source MLS: SWFL