5438 Shearwater Drive Sanibel, FL 33957
For Sale MLS# 225060952
3 beds 4 baths 2,460 sq ft Townhouse/Twinhome
Details for 5438 Shearwater Drive
MLS# 225060952
Description for 5438 Shearwater Drive, Sanibel, FL, 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 close 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. 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.
Listing Information
Property Type: Residential, Townhouse
Status: Active
Bedrooms: 3
Bathrooms: 4
Lot Size: 0.07 Acres
Square Feet: 2,460 sq ft
Year Built: 1990
Garage: Yes
Stories: 2 Story
Construction: Block,Concrete,Stucco,Vinyl Siding
Subdivision: Herons Landings I
Furnished: Yes
County: Lee
Days On Market: 251
Construction Status: Resale
School Information
Elementary: School Of Choice
Middle: School Of Choice
High: School Of Choice
Room Information
Bathrooms
Full Baths: 3
1/2 Baths: 1
Additonal Room Information
Laundry: Inside, Laundry Tub
Interior Features
Appliances: Ice Maker, Self Cleaning Oven, Built-In Oven, Washer, Wine Cooler, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, RefrigeratorWithIce Maker, Electric Cooktop
Flooring: Carpet,Tile
Doors/Windows: Impact Glass, Casement Window(s)
Additional Interior Features: Pantry, Wet Bar, See Remarks, High Speed Internet, Cable TV, Elevator, Vaulted Ceiling(s), High Ceilings, Family/Dining Room, French Door(s)/Atrium Door(s), Cathedral Ceiling(s), Closet Cabinetry, Built-in Features, Tray Ceiling(s), Bathtub, Living/Dining Room, Separate Shower, Dual Sinks, Upper Level Primary
Utilities
Water: Public
Sewer: Public Sewer
Other Utilities: Cable Available,High Speed Internet Available
Cooling: Electric, Ceiling Fan(s), Central Air
Heating: Electric, Central
Exterior / Lot Features
Attached Garage: Attached Garage
Garage Spaces: 2
Parking Description: Two Spaces, Golf Cart Garage, Assigned, Attached, Garage
Roof: Flat, Shingle, Built-Up
Pool: Community
Lot View: Gulf,Mangroves
Lot Dimensions: 67 x 80 x 31 x 101
Additional Exterior/Lot Features: Security/High Impact Doors, Shutters Electric, Shutters Manual, Deck, Patio, Patio, Deck, Cul-de-Sac, Dead End
Waterfront Details
Water Front Features: Mangrove, Lagoon
Community Features
Community Features: Gated
Security Features: Security Gate, Smoke Detector(s), Security System, Burglar Alarm (Monitored), Gated Community
Association Amenities: Pool, Tennis Court(s), Pier, Beach Access, Spa/Hot Tub, Beach Rights, Pickleball, Management
HOA Dues Include: Association Management, Pest Control, Reserve Fund, Road Maintenance, Insurance, Irrigation Water, Legal/Accounting, Maintenance Grounds, Trash, Sewer, Water
Homeowners Association: Yes
HOA Dues: $3,857 / Quarterly
Financial Considerations
Terms: All Financing Considered,Cash,FHA,VA Loan
Tax/Property ID: 13-46-21-T2-00400.E0F0
Tax Amount: 10583.55
Tax Year: 2024
A broker reciprocity listing courtesy: Portside Property Group
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 5438 Shearwater Drive
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 5438 Shearwater Drive
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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