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3 Beds
4 Baths
2,460 sqft

$1,625,000

5438 Shearwater DR, Sanibel FL, 33957

Price per sqft$660.57
Built in1990
Property size2,460 sqft
Property typeTownhomes

Overview

Active

Listed Jul 4, 2025

Updated 11 days ago

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 close proximity to 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. Within the gated Shearwater community, residents enjoy an elevated coastal lifestyle with access to pickleball and tennis courts, a kayak launch area, a fishing pier, and deeded beach access with convenient golf cart parking — thoughtfully designed to embrace the island’s outdoor, water-centric way of life. 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.

$10,811/mo

Est. mortgage payment based on a $1,625,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
225060952

Interior Features

Bedrooms
3
Bathrooms
4
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.07 Acres

Other Property Details

Taxes
$10,584
Tax Frequency
Annually
Association Fee Frequency
Quarterly
Secondary Association Fee
Not Listed
Garage
Yes
View
Yes
Pets Allowed
Yes
Waterfront
Yes
55+/Senior Community
No

Listed by Becky Mulka, Royal Shell Real Estate, Inc.

Listing Contact: 239-887-0855 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Jodi Hanson shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 3:26 AM UTC, 9/10/2026

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