Elevated Coastal Living at Shearwater | Sanibel Island

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Condo For Sale

5438 Shearwater Drive

Sanibel, Florida 33957

Lee County

Waterfront: Yes

Community: HERONS LANDINGS I

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$1,765,000 3 br, 4.0 bath 2460 sq. ft. 0.071 acres

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.

Interior:
  • Bedrooms: 3
  • Baths: 4.0
  • Sq Ft: 2460
  • Year Built: 1990
  • Utilities: 
  • Fireplaces: 
  • Stories: 2
  • Heat/AC: Electric (Heating), Central
  • Garage: Assigned, Garage
Exterior:
  • Lot Size: 0.071 acre
  • Lot Dimensions: 
  • Waterfront: Yes
  • View Types: 
  • Yard: 
  • Siding: Block, Concrete, Stucco, VinylSiding
  • Roof: Built-Up, Flat, Shingle
  • Property Taxes: $10,584
  • MLS #: 225060952
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Contact Information:
Beach Condo For Sale in Sanibel, Florida
Listing Agent: Becky Mulka, Portside Property Group LLC, 239-887-0855, 239-472-3334 Listing Site, Listing Status: Active
Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc.. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 6377689
Viewed 126 times.
Updated: Feb 12, 2026

This property is a Condo located at 5438 Shearwater Drive, Sanibel, Florida 33957, and is currently For Sale at $1,765,000. This Condo has 3 bedrooms, 4.0 baths, 2460 sq ft.