$5,495,000
$3M PRICE DROP

16475 Captiva Dr Captiva, FL 33924

Estimated payment $34,386/month

Total Views 13,289
3 Beds
3.5 Baths
3,258 Sq Ft
$1,687 Price per Sq Ft

Highlights

  • Boathouse
  • Dock has access to electricity and water
  • Boat Lift
  • Sanibel Elementary School Rated A-
  • Water access To Gulf or Ocean
  • Heated Indoor Pool

About This Home

Presented with a new design vision by MHK Architecture, this extraordinary Captiva Island estate features concept plans to reimagine the existing residence, design a new coastal masterpiece, or expand by combining with the adjacent 1.5-acre estate lot to create a contiguous 5-acre compound unlike anything else on Captiva Island. A once-in-a-generation opportunity to own one of the island’s largest and most private bay front properties - 3.5 acres of gated serenity with deepwater access, resort-style amenities, and exceptional privacy along the coveted Roosevelt Channel. Surrounded by unspoiled nature, the property offers direct Gulf access with private docks. Inside, the existing custom-built home showcases soaring beamed ceilings, rich wood flooring, and a dramatic beacon tower filling the great room with natural light. Thoughtfully designed for entertaining and easy island living, it offers a chef’s kitchen, formal dining, wood-accented den, private study, and flexible guest quarters. Two grand ensuite bedrooms serve as luxurious sanctuaries, complemented by an indoor wellness wing with travertine-lined pool, fitness room, and sauna. Outdoors, enjoy a tennis court, bocce court, firepit overlooking the bay, and a rooftop hot tub for starlit evenings. A three-car garage with workshop provides ample space for vehicles, storage, and all your waterfront essentials. With no HOA restrictions, the estate offers remarkable flexibility - whether envisioned as a family legacy compound, private coastal retreat, or trophy property of architectural distinction- where architectural vision meets natural beauty.

Listing Agent

Brittany Skotak

DOUGLAS ELLIMAN FLORIDA,LLC Brokerage Phone: 239-799-5300 License #3339577 Listed on: 02/13/2025

DOUGLAS ELLIMAN FLORIDA,LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $70,229

Year Built

  • Built in 2003

Lot Details

  • 3.56 Acre Lot
  • Property fronts a saltwater canal
  • West Facing Home
  • Private Lot
  • Oversized Lot
  • Level Lot
  • Landscaped with Trees
  • Property is zoned RSC2

Parking

  • 3 Car Attached Garage

Home Design

  • Coastal Architecture
  • Florida Architecture
  • Bi-Level Home
  • Pillar, Post or Pier Foundation
  • Slab Foundation
  • Frame Construction
  • Metal Roof
  • HardiePlank Type
  • Stucco

Interior Spaces

  • 3,258 Sq Ft Home
  • Built-In Features
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Window Treatments
  • French Doors
  • Great Room
  • Family Room
  • Combination Dining and Living Room
  • Home Office
  • Bonus Room
  • Game Room
  • Workshop
  • Sun or Florida Room
  • Sauna
  • Tennis Court Views
  • Security Gate

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Brick
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated Indoor Pool
  • Heated Spa
  • Above Ground Spa

Outdoor Features

  • Water access To Gulf or Ocean
  • No Fixed Bridges
  • Boat Lift
  • Covered Boat Lift
  • Boathouse
  • Dock has access to electricity and water
  • Dock made with wood
  • Tennis Courts
  • Balcony
  • Courtyard
  • Covered Patio or Porch
  • Gazebo

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Thermostat
  • Propane
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Captiva Island Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$70,229

Year Built

Built in 2003

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Coastal, Florida
  • Construction Materials: HardiPlank Type, Stucco, Frame
  • Fireplace: Yes
  • Living Area: 3258
  • Lot Size Acres: 3.56
  • New Construction: No
  • Year Built: 2003
  • Building Area Total: 10225
  • Lot Size Sq Ft: 154943
  • Status: Active
  • Ownership: Fee Simple
  • Building Area Total Srch Sq M: 949.93
  • Escrow State: FL
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 1686.62
  • Total Acreage: 2 to less than 5
  • Water Access YN: 1
  • MFR_InLawSuiteYN: 0
  • MFR_DockDescription: Dock - Wood,Dock w/Electric,Dock w/Water Supply,Lift
  • MFR_DockYN: 1
  • Attribution Contact: 239-799-5300
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Gas
  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile, Wood
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Built-in Features, Ceiling Fans(s), Crown Molding, Eat-in Kitchen, High Ceilings, Living Room/Dining Room Combo, Sauna, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • Foundation Details: Pillar/Post/Pier, Slab
  • Total Bedrooms: 3
  • Levels: Two
  • Spa Features: Above Ground, Heated
  • Spa Yn: Yes
  • Window Features: Skylight(s)
  • Additional Rooms: Bonus Room,Den/Library/Office,Family Room,Florida Room,Great Room
  • Living Area Meters: 302.68

Exterior Features

  • Direction Faces: West
  • Other Structures: Gazebo, Tennis Court(s)
  • Pool Features: Heated, Indoor
  • Exterior Features: Balcony, Courtyard, French Doors, Tennis Court(s)
  • Roof: Metal
  • Pool Private: Yes
  • View: Tennis Court
  • Water Body Name: ROOSEVELT CHANNEL
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Front Porch, Patio, Rear Porch, Side Porch
  • Road Surface Type: Paved
  • Water Access: Gulf/Ocean
  • Water Extras: Boathouse,Bridges - No Fixed Bridges,Lift - Covered
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12071C0506G

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes

Utilities

  • Utilities: Propane
  • Cooling: Central Air, Zoned
  • Heating: Electric, Zoned
  • Laundry Features: Inside
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Security: Security Gate
  • Senior Community: No
  • Association 2 YN: 0
  • Development: Not in Development

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: RSC2
  • Parcel Number: 03-46-21-00-00005.0090
  • Additional Parcels: No
  • Lot Features: Landscaped, Level, Oversized Lot, Private, Paved
  • Property Attached Yn: No
  • Flood Zone Code: X

Rental Info

  • Furnished: Negotiable
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 70229
  • Tax Block: 5
  • Tax Book Number: 03438 2541
  • Tax Lot: 9

Multi Family

  • Waterfront Features: Canal - Saltwater

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $70,229 $3,462,436 -- --
2024 $56,107 $3,147,669 -- --
2023 $56,107 $2,861,517 $0 $0
2022 $41,009 $2,601,379 $0 $0
2021 $33,525 $2,364,890 $1,919,379 $445,511
2020 $33,147 $2,306,246 $1,890,000 $416,246
2019 $33,602 $2,322,433 $1,890,000 $432,433
2018 $32,791 $2,251,335 $1,890,000 $361,335
2017 $33,356 $2,248,081 $1,890,000 $358,081
2016 $34,201 $2,284,594 $1,912,452 $372,142
2015 $36,753 $2,400,052 $2,117,354 $282,698
2014 $45,559 $2,931,522 $1,569,616 $1,361,906
2013 -- $4,275,407 $1,311,794 $2,963,613
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/08/2026 01/08/26 For Sale $5,495,000 -20.9% $1,687 / Sq Ft
09/12/2025 09/12/25 Off Market $6,950,000 -- --
04/24/2025 04/24/25 Price Changed $6,950,000 -7.3% $2,133 / Sq Ft
04/03/2025 04/03/25 Price Changed $7,495,000 -11.8% $2,300 / Sq Ft
02/13/2025 02/13/25 For Sale $8,500,000 -- $2,609 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Attorney
Deed -- --
Warranty Deed $950,000 --
Source: Public Records

Source: Stellar MLS

MLS Number: A4638952

Stellar MLS

APN: 03-46-21-00-00005.0090