Wake up each morning to panoramic sunrise views and enjoy the
serene setting this exceptional home provides. Located inThe
Sanctuary-one of the Islands' premier communities-this residence
offers stunning lake views complemented by lush fairway
sceneryalong the 17th hole. From the moment you enter, soaring
ceilings and expansive windows fill the home with natural light,
creating a bright,airy ambiance while framing views of the private
pool, spa, and lush tropical landscaping. The open living spaces
flow seamlessly into anexpansive outdoor entertainment area-perfect
for relaxing or hosting guests. Inside, the home features a
spacious great room with afireplace, a formal dining area, and a
thoughtfully designed kitchen with a breakfast bar and excellent
functionality. The four-bedroom floorplan includes three ensuite
baths and an additional powder room, offering both comfort and
privacy for residents and guests alike.Extensively updated and
complemented by bright, coastal-inspired finishes, the home creates
an inviting atmosphere ideal for a seasonalretreat or full-time
living. Overlooking a picturesque lake that attracts local wildlife
and a variety of bird species, the setting is both peacefuland
visually captivating. Recognized as one of the best values in The
Sanctuary, this property combines space, luxury, and
low-maintenanceliving. Located within Sanibel's prestigious golf
community, residents also enjoy convenient access to Bowman's
Beach-renowned for itsshelling, sandy shores, and kayaking-just
minutes away. Elevator shaft in place.
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Best Value in the Sanctuary! Beautifully remodeled attached villa, offers a spacious floor plan featuring three bedrooms plus a versatile fourth room—ideal as an office, den or 4th bedroom—complimented by three ensuite baths and one powder room. Upon entry, soaring ceilings and expansive windows flood the interior with natural light, framing views of a private, sparkling pool, spa, and lush tropical landscaping. Situated on the 17th fairway, the residence overlooks a picturesque lake that serves as a sanctuary for local wildlife and varied bird species. Extensive updates and bright, coastal-inspired furnishings create an inviting atmosphere, perfect for a seasonal retreat or year-round living. Located within Sanibel's prestigious golfing community, The Sanctuary provides convenient access to world famous Bowman’s Beach with shelling, sandy beaches and kayaking just minutes away. Residents may choose to enhance their lifestyle through a separate membership at The Sanctuary, which provides access to championship golf and professional tennis facilities, fitness center, fine dining and social events. List of extensive updates available upon request.
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