When was property at 4501 Waters Edge Lane built and last sold?

The property at 4501 Waters Edge Lane was built in 1970 and last sold on Mar 30, 2016 for $1,750,000.

How much is this home worth?

The estimated value of the home located at 4501 Waters Edge Lane is $2,523,990.

What are some comparable homes to 4501 Waters Edge Lane?

There are currently no comparable homes to 4501 Waters Edge Lane.

Sanibel

33957

West End

4501 Waters Edge Lane

$2,300,000

● Land - Off Market

4501 Waters Edge Lane

Sanibel, FL 33957

Studio

0 Bath

$15,067

Est. Monthly

HOA / Fees

About This Property

Seize the chance to own one of the last remaining Gulf front lots in the sought-after Gulf Shores neighborhood. This expansive lot, just under an acre, boasts 100 feet of pristine Gulf frontage, providing a rare opportunity to build your dream home with panoramic views of the Gulf of Mexico. Experience the beauty of Sanibel's breathtaking sunsets and world-class shelling every day from this private, cleared lot. Don't miss out on this exceptional piece of paradise!

Unit Size

Days on Market

183 days

Land Size

1.14 acres

Price per sqft

Property Type

Land

Property Taxes

$2,790

HOA Dues

Year Built

1970

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (SWFLMLS #224072509)

Price History

Date / Event	Date	Event
Mar 7, 2025	Sold	Premium
Sold
Mar 4, 2025	In contract	-
In contract
Mar 1, 2025	Relisted	$2,499,000
Relisted
Feb 15, 2025	In contract	-
In contract
Jan 30, 2025	Price Decreased	$2,499,000 ↓ $346K (12.2%)
Price Decreased
Sep 5, 2024	Listed by Pfeifer Realty Group LLC	$2,845,000
Listed by Pfeifer Realty Group LLC
Aug 2, 2023	No longer available	-
No longer available
Jun 16, 2023	Price Decreased	$2,995,000 ↓ $204K (6.4%)
Price Decreased
Feb 13, 2023	Listed by Pfeifer Realty Group	$3,199,000
Listed by Pfeifer Realty Group

	Incredible opportunity to own one of the few remaining Gulf front lots located in the popular Gulf Shores neighborhood. Spacious lot perched on just under one acre of land with 100 feet of Gulf frontage. This is a rare opportunity to build your dream home with unobstructed views of the Gulf of Mexico. Enjoy Sanibel sunsets and world class shelling every day from this private location. This is a rare opportunity to build your dream home on a cleared Gulf front lot. This is truly paradise found!
Mar 31, 2016	Sold	Premium
Sold
Jul 25, 2011	Sold	Premium
Sold

Property Highlights

Building Info

Overview

General

Year Built: 1970

Effective Year Built: 1993
Building Count: 1
Bedroom Count: 2
Full Bathrooms: 2
Building Condition: 3
Building Quality: 1
Construction Type: 0
Building Style: 24
Exterior Walls Type: 19
Interior Walls Type: 20
Roof Shape Type: 9
Roof Cover Type: 15
Floor Count: 200
Living Units: 1
Floor Cover: 15
Basement Type: 0
Basement Area: 0
Garage Type: 1
Garage Square Area: 400
Parking Space Count: 1
Patio Type: 12
Porch Type: 61
Pool Type: 8
Location Influence Type: 106

Dimensions

Lot Size Square Feet: 39,160

Lot Size Depth Feet: 4,000
Lot Size Frontage Feet: 1,000
Total Building Area: 6,481
Gross Building Area: 6,481
Building Area: 2,703
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 4
Heated Square Feet: 2,703
Heating Fuel Type: 2

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: V
Subdivision: GULF PINES AND GULF SHORES
Land Acres: 0000000899
Standard Land Use Code: 8001
County Land Use Code: 01
State Land Use Code: 001
Legal Description 1: PARL IN GOVT LOT 4 AS DESC IN OR 1183 PG 1366

Neighborhood

School District Name: Lee County School District

Census Tract: 080203

Geography

Assessors Map Reference: 9

Account Number: 10021157
Subdivision Tract Number: T4
Parcel: 20-46-22-T4-00008.0100
Block: 8
Lot: 4
Meridian: SEC 20 TWN 46S RNG 22E
Municipality: CITY OF SANIBEL
Latitude: 26.4441
Longitude: -82.1351

Address

Full Address: 4501 Waters Edge Ln

Address - House Number: 4501
Address - Street Name: Waters Edge
Address - Suffix Type: Ln
State: FL
City Name: Sanibel
Carrier Code: R008
4-Digit Zip Code: 2703
Zip Code: 33957

Valuation

Tax

Total Area: 3,262

Tax Year: 2023
Tax Amount: $3,657,057
Tax Rate Code Area: 010

Appraisal Valuation

Standard Deviation: 0.276

Valuation Date: Dec 13, 2023
Confidence Score: 60
Final Value: 2,157,395
High Value: 2,752,876
Low Value: 1,561,914

Market Valuation

Market Total Value: $3,177,682

Market Land Value: $3,177,682

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $2,159,850

Sales

Current Sale Contract Date: Mar 30, 2016

Current Sale Recording Date: Mar 31, 2016
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 2016000067463
Previous Sale Recording Date: Jul 25, 2011
Previous Sale Contract Date: Jul 20, 2011
Previous Sale Amount: $1,800,000
Previous Sale Document Type: 71

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About West End

Stats & Trends

Median Asking:

$1,395,000

Sale Price/ft²

$583

Below Asking

0.03%

Average Days on Market

128

Average Home Size

2231 ft²

Average Home Age

40 years

Currently For Sale

56 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 548 Boulder Drive, Sanibel, FL, 33957

$6,500 /mo

3 Beds
3 Baths
1,969 ft²

548 Boulder Drive, Sanibel, FL, 33957 Listing by Shannon Schaffer

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Eric Pfeifer, Pfeifer Realty Group LLC
Last Updated: 2 years ago
Data Source: SWFLMLS, MLS# 224072509

The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2026 Southwest Florida MLS. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

4501 Waters Edge Lane

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About West End

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions