NOT LISTED FOR SALE

2688 Coconut Dr Sanibel, FL 33957

Estimated Value: $2,110,864 - $2,360,000

3 Beds
2 Baths
2,180 Sq Ft
$1,016/Sq Ft Est. Value

Last Sold January 10, 2025

Last sale price $2,348,000 $1,077 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $13,415/month

About This Home

As of January 2025

Long admired as one of Sanibel‘s iconic residences with approximately 250ft of gorgeous water frontage with 180° views over famed Dinkins Bayou to preservation beyond. Aptly named “The Glass House”, this stellar residence offers unparalleled views through floor to ceiling impact glass walls in every room & it also runs purely on solar power. The chef's kitchen features solid hand cut NH maple cabinetry with stone countertops, addt'l refrigeration, dbl ovens, and a warming drawer. Addt'l attributes include a Viviant automation system along with Sonos surround and pwr shades. This residence is finely appointed throughout & has excellent use of space along with copious storage. The open pool & spa area with coral rock decking are elevated, which allow for easy access from the home. You will also find an outdoor kitchen & a large ipe deck with stainless cbl rails to enjoy the views. The grandfathered boat house features two boat lifts, a wraparound dock, pwr and wtr. You will be mesmerized by the daily wildlife activity where manatees, a myriad of birds & dolphins call home. Exceptionally private at the end of Coconut with a short stroll to the stunning shell laden beach of Santiva.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2024
Closed on
Jan 8, 2025
Sold by
Mccabe John D and Mccabe Kathy L
Bought by
Thomas W Schaefer Revocable Trust and Melinda G Schaefer Revocable Trust
Seller's Agent
Phaidra McDermott
Kingfisher Real Estate Inc.
Buyer's Agent
Sue Plein
Kingfisher Real Estate Inc.
List Price
$2,395,000
Sold Price
$2,348,000
Premium/Discount to List
-$47,000
-1.96%
Views
9
Current Estimated Value
$2,213,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$134,034
Avg. Annual Appreciation
-9.48%

Purchase Details

Closed on
Jul 21, 2021
Sold by
Mccabe John D and Mccabe Kathy L
Bought by
Grossnickle Bruce and Grossnickle Jeanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,200
Interest Rate
2.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 2018
Sold by
Mccabe John D
Bought by
Mccabe John D and Mccabe Kathy L

Purchase Details

Closed on
Dec 22, 2003
Sold by
Mccabe John
Bought by
Mccabe John D and Kathy L Mccabe Rev Tr
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Thomas W Schaefer Revocable Trust $2,348,000 Coastal Title Services
Grossnickle Bruce $400,000 Attorney
Mccabe John D -- Attorney
Mccabe John D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mccabe John D $548,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2025 01/10/25 Sold $2,348,000 -2.0% $1,077 / Sq Ft
12/13/2024 12/13/24 Pending -- -- --
12/06/2024 12/06/24 For Sale $2,395,000 -- $1,099 / Sq Ft

Tax History Compared to Growth

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
2024 $15,519 $1,124,999 -- --
2023 $15,519 $1,092,232 $0 $0
2022 $14,388 $1,064,787 $0 $0
2021 $13,857 $1,089,616 $640,562 $449,054
2020 $15,580 $1,092,301 $0 $0
2019 $15,327 $1,067,743 $0 $0
2018 $15,348 $1,047,834 $0 $0
2017 $15,366 $1,026,282 $0 $0
2016 $15,308 $1,088,339 $742,310 $346,029
2015 $15,474 $1,052,587 $732,902 $319,685
2014 $15,316 $1,013,894 $532,130 $481,764
2013 -- $955,783 $507,332 $448,451
Source: Public Records

Agents Affiliated with this Home

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