$5,125,000
SOLD SEP 27, 2024

4461 Waters Edge Ln Sanibel, FL 33957

3 Beds
3.5 Baths
3,515 Sq Ft
0.97 Acres

Recently Sold

$1,458 Per Sq Ft

18% Below List Price

251 Days on Market

Highlights

  • Beach Access
  • Property fronts gulf or ocean
  • 0.97 Acre Lot
  • Sanibel Elementary School Rated A-
  • Screened Pool
  • Fireplace in Primary Bedroom

About This Home

As of September 2024

THIS VIEW FROM YOUR 75 X 12 FOOT SCEENED LANAI SAYS IT ALL! Spacious three bedroom three and a half bath Gulffront elevated home with private beach access is truly one of Sanibel’s finest and ready for immediate occupancy. Just steps from Sanibel’s world-renowned white powdered sand beach, this prime location is known as one of the most prolific turtle nesting sites on the Island. Two story great room is ideal for entertaining guests or family and offers unparalleled breathtaking Gulf views. The kitchen features high end appliances sure to make cooking a dream. The intimate 3rd floor master bedroom has its own private lanai perfect for enjoying spectacular sunrises and magical sunsets. Master bath features a relaxing jetted tub and dual sinks and large walk in closet. Both guest bedrooms are en suite for maximum privacy for guests. Screened pool and spa make relaxing after a day of surf and sand easy and enjoyable. Elevator allows access to all three floors. This secluded gem has plenty of space for the toys as well with an oversized split two car garage. This is a once in a lifetime opportunity to own a unique and elegant Sanibel Island retreat.

Last Agent to Sell the Property

David Schuldenfrei

Gopher Enterprises of Sanibel & Captiva Islands Corp License #267421 Listed on: 12/31/2023

Gopher Enterprises of Sanibel & Captiva Islands Corp

Last Buyer's Agent

Milissa Sprecher

McCallion and McCallion License #3569781

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $40,700

Year Built

  • Built in 2005

Lot Details

  • 0.97 Acre Lot
  • Lot Dimensions are 424 x 100
  • Property fronts gulf or ocean
  • Southwest Facing Home

HOA Fees

  • $42 Monthly HOA Fees

Home Design

  • Beach House
  • Elevated Home
  • Metal Roof
  • Stucco

Interior Spaces

  • 3,515 Sq Ft Home
  • Elevator
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Multiple Fireplaces
  • Gas Fireplace
  • Electric Shutters
  • Sliding Windows
  • Family Room
  • Breakfast Room
  • Screened Porch
  • Storage Room
  • Gulf Views

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Home Security

  • Home Security System
  • High Impact Windows
  • Fire and Smoke Detector

Parking

  • 3 Car Garage
  • Tuck Under Parking

Pool

  • Screened Pool
  • Heated In Ground Pool
  • Spa
  • Pool Equipment Stays

Outdoor Features

  • Beach Access

Utilities

  • Central Heating and Cooling System
  • Whole House Permanent Generator
  • Multiple Water Heaters
  • Internet Available

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 20-46-22-T4-00008.0090

Community Details

Overview

  • Gulf Shores Property Owners Association, Phone Number (703) 966-8835
  • Gulf Shores Subdivision

Recreation

  • Gulf Boat Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$40,700

Year Built

Built in 2005

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Subdivision Name: Gulf Shores
  • Class: Residential
  • Property Type: Single Family
  • Design: Beach House
  • Legal Description: PARL IN GOVT LOT 4 AS DESC IN OR 0517 PG 0335
  • Strap Number: 20-46-22-T4-00008.0090
  • Subject To F I R P T A: No
  • Year Built: 2005
  • Miscellaneous: Beach Access, Fireplace 2 or more, Fireplace Gas
  • Folio Id: 10021154
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Elevator: Yes
  • Price Per S Q F T: 1458.04
  • Total Sq Ft: 8080
  • Appliances: Dishwasher, Disposal, Internet Ready, Microwave, Range Gas, Refrigerator, Security System, Smoke Detector(s), Stack Washer/Dryer, Water Heater 2+, Whole House Generator, Wine Cooler
  • Estimated Living Sq Ft: 3515
  • Bathrooms: 3
  • Bathrooms Display: 3/1
  • Bedrooms: 3
  • Ceiling: Vaulted Ceiling
  • Den: No
  • Fireplace: Yes
  • Flooring: Carpet, Tile Floor
  • Furnished: Yes
  • Furnishing: Part Furnished
  • Half Bathrooms: 1
  • Primary Bathroom: Dbl Sinks, Sep. Shower, Sep. Tub, Tile, Walk-In Closet, Whirlpool
  • Master Bedroom: 2nd Floor, Balcony, Carpet, Fireplace, Walk-In Closet
  • Windows: Impact Resistant Windows, Shutters Electric, Shutters Manual, Sliding

Exterior Features

  • Waterfront: Gulf
  • Waterfront: Yes
  • Coastal Construction: Behind 1974
  • Ext Fin Trim: Hard-l-Board, Stucco
  • Pool: Yes
  • View: Direct Gulf
  • Roads: Paved
  • Construction Stat: Const. Complete, Elevated, Piling Wood
  • Pool Description: Below Ground, Caged, Electric Heated, Equipment Stays, Hot Tub
  • Rear Exposure: Southwest
  • Roof: Metal

Garage/Parking

  • Parking: 3+ Garage, Under Bldg

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Yes
  • Cooling: Ceiling Fan(s), Central Air/Cooling
  • Heating: Central Heat

Condo/Co-op/Association

  • Association Fee: 500
  • Association Fee Period: Annually
  • Association Management: Gulf Shores Property Owners Association
  • Management Company Phone: 703-966-8835
  • HOA: Yes

Association/Amenities

  • Community Amenities: Gulf Access

Lot Info

  • Acres: 0.97
  • Geo Update Timestamp: 2024-01-01
  • Geo Address Line: 4461 Waters Edge Ln
  • Geo Primary City: Sanibel
  • Geo Quality: 0.95
  • Geo Subdivision: FL
  • Geo Zoom Level: 16
  • Lot Depth: 424
  • Lot Frontage: 100
  • Lot Number: 4
  • Lot Size Irregular: No
  • Lot Sq Ft: 42046
  • Lot Sq Ft Source: CRS Tax
  • Lot Features: Survey Avail
  • Survey: Yes

Rental Info

  • Rental: No

Tax Info

  • Tax Amount: 40700
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 31, 2023
Closed on
Sep 27, 2024
Sold by
Gretchen Q Banks 14Jvocable Trust and Banks Gretchen Q
Bought by
Alan Keith Sefton Revocable Trust and Sally Sefton Revocable Trust
Seller's Agent
David Schuldenfrei
Gopher Enterprises of Sanibel & Captiva Islands Corp
Buyer's Agent
Milissa Sprecher
McCallion and McCallion
List Price
$6,250,000
Sold Price
$5,125,000
Premium/Discount to List
-$1,125,000
-18%
Views
113
Current Estimated Value
$4,542,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$582,339
Avg. Annual Appreciation
-11.81%

Purchase Details

Closed on
Apr 29, 2020
Sold by
Banks Gretchen Q
Bought by
Banks Gretchen Q and Gretchen Q Banks Revocable Tru

Purchase Details

Closed on
Sep 5, 2018
Sold by
Banks Gretchen Q and Banks Mark William
Bought by
Banks Gretchen Q and Banks Mark William

Purchase Details

Listed on
Jan 11, 2013
Closed on
Apr 30, 2013
Sold by
Shefts Wanda
Bought by
Banks Gretchen Q and Banks Mark William
Seller's Agent
Michael McMurray
Royal Shell Real Estate, Inc.
List Price
$4,000,000
Sold Price
$4,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.03%

Purchase Details

Closed on
Oct 7, 2009
Sold by
Shefts Wanda
Bought by
Shefts Wanda and Wanda Shefts Revocable Trust

Purchase Details

Closed on
Jan 5, 2005
Sold by
Shefts Mark and Shefts Wanda
Bought by
Shefts Wanda

Purchase Details

Closed on
Dec 12, 2003
Sold by
Berninger Carol R and Berninger Edward B
Bought by
Shefts Mark and Shefts Wanda
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $5,125,000 None Listed On Document
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Warranty Deed $4,000,000 Realty Title Services Of San
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Warranty Deed $2,110,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $500,000 Credit Line Revolving
Previous Owner $965,300 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2024 09/27/24 Sold $5,125,000 -12.4% $1,458 / Sq Ft
09/07/2024 09/07/24 Pending -- -- --
02/12/2024 02/12/24 Price Changed $5,850,000 -6.4% $1,664 / Sq Ft
12/31/2023 12/31/23 For Sale $6,250,000 +56.3% $1,778 / Sq Ft
04/30/2013 04/30/13 Sold $4,000,000 0.0% $894 / Sq Ft
03/31/2013 03/31/13 Pending -- -- --
01/11/2013 01/11/13 For Sale $4,000,000 -- $894 / Sq Ft
Source: Sanibel & Captiva Islands Association of REALTORS®

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 $44,002 $3,180,376 -- --
2023 $44,002 $3,073,924 $0 $0
2022 $40,700 $2,989,247 $0 $0
2021 $41,136 $3,752,263 $1,890,000 $1,862,263
2020 $41,071 $2,862,112 $0 $0
2019 $40,452 $2,797,763 $0 $0
2018 $40,534 $2,745,597 $0 $0
2017 $40,612 $2,689,125 $0 $0
2016 $40,484 $3,259,146 $1,800,000 $1,459,146
2015 $41,301 $2,885,825 $1,807,978 $1,077,847
2014 $41,421 $2,594,748 $1,807,978 $786,770
2013 -- $2,887,469 $1,003,400 $1,884,069
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Sanibel & Captiva Islands Association of REALTORS®

MLS Number: 2240001

Sanibel & Captiva Islands Association of REALTORS®

APN: 20-46-22-T4-00008.0090