$2,800,000

4491 Cutlass Dr Captiva, FL 33924

Estimated payment $15,717/month

5 Beds
3 Baths
2,514 Sq Ft
$1,114 Price per Sq Ft

Highlights

  • Heated Above Ground Pool
  • Bay View
  • Deck
  • Sanibel Elementary School Rated A-
  • Maid or Guest Quarters
  • Contemporary Architecture

About This Home

A Legacy Island Estate Designed for La Buena Vida ("the good life"). Some homes impress, and then some homes change your rhythm. Villas in the Air is a spectacular luxury estate created for effortless island living, unforgettable gatherings, and moments that linger long after the sun slips below the horizon. Set on North Captiva Island, this expansive retreat offers a rare balance of scale, privacy, and resort-style amenities—where life slows down and every day feels intentional.
From sunrise to sunset, the home unfolds in layers of connection and calm. Mornings begin on the screened terrace with coffee and the sound of distant waves. Afternoons drift by poolside, floating beneath blue skies or gathering at the outdoor bar as laughter carries on the breeze. Evenings rise to the rooftop porch, where a panorama of island views stretches endlessly with sunsets and stars that feel like a private performance just for you.
Designed for both togetherness and retreat, the home offers multiple indoor and outdoor living spaces that allow everyone to spread out - yet always reconnect. The main living level stuns with soaring double-story ceilings and an open-concept great room, wrapped in refined contemporary coastal finishes. A restaurant-inspired kitchen anchors the space, connected to multiple dining areas that flow seamlessly indoors and out.
Accommodations are generous and thoughtfully planned, offering five distinct sleeping retreats. The primary suite feels like a private sanctuary, complete with a spa-style bath and walk-in rain shower. Two additional king guest rooms share a beautifully appointed bath, while a detached poolside guest suite offers privacy and independence with its own en-suite bath. The third-floor retreat, featuring two queen beds and access to a spacious loft lounge, provides flexibility for guests, media space, or a relaxed sleeping haven.
Outdoor living here is nothing short of exceptional. A heated pool, an expansive outdoor bar with TV, a rooftop terrace with panoramic water and preserve views, a grilling area, a wellness space, and multiple entertainment zones transform the property into a true private resort—designed for both quiet escapes and unforgettable celebrations. Built to later codes with lasting materials like Hardie board siding, impact-resistant windows, a metal roof, composite decking, and aluminum railings.
Located on North Captiva Island, a boat-access-only barrier island celebrated for its pristine beaches, shelling, fishing, birdlife, and miles of preserve trails, this estate offers a lifestyle that can't be replicated on the mainland. Villas in the Air is a legacy-quality island estate that is difficult to replicate - ideal as a private family retreat, a high-end luxury rental, or both. This is much more than just your average island home. It's a place where memories are made, traditions begin, and time finally slows down.

Listing Agent

Mark Muller

Resort Properties Internationa License #280595610 Listed on: 12/30/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,563

Year Built

  • Built in 2019

Lot Details

  • 9,374 Sq Ft Lot
  • Lot Dimensions are 75 x 125 x 75 x 125
  • Property fronts a private road
  • Home has North and South Exposure
  • Rectangular Lot
  • Property is zoned RS-1

Parking

  • 1 Car Attached Garage

Property Views

  • Bay
  • Gulf
  • Woods

Home Design

  • Contemporary Architecture
  • Florida Architecture
  • Entry on the 1st floor
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Metal Roof

Interior Spaces

  • 2,514 Sq Ft Home
  • 3-Story Property
  • Partially Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Display Windows
  • Casement Windows
  • Great Room
  • Combination Dining and Living Room
  • Den
  • Screened Porch
  • Tile Flooring

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Electric Cooktop
  • Freezer
  • Ice Maker
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Maid or Guest Quarters
  • 3 Full Bathrooms
  • Dual Sinks
  • Shower Only
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

  • Impact Glass
  • High Impact Door

Pool

  • Heated Above Ground Pool
  • Fiberglass Pool

Outdoor Features

  • Balcony
  • Deck
  • Screened Patio

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Castaway Key Unrecorded Subdivision

Listing and Financial Details

  • Legal Lot and Block 8 / 5
  • Assessor Parcel Number 05-45-21-17-00005.0080

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,563

Year Built

Built in 2019

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2152
  • Lot Size: 75 x 125 x 75 x 125
  • Road Frontage Type: Private Road
  • Ownership: Single Family
  • Subdivision Name: CASTAWAY KEY UNRECORDED SUBDIVISION
  • Directions: Take the ferry to North Captiva Island. Follow Bartlett Parkway to Rum Rd. Turn left onto Rum Rd and follow to Cutlass Dr. Turn right onto Cutlass Dr and the property will be on the left.
  • Architectural Style: Contemporary, Florida, Multi-Level
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • Year Built: 2019
  • Property Sub Type Additional: Single Family Residence
  • Exposures: South
  • Special Features: VirtualTour

Interior Features

  • Furnished: Partially
  • Private Spa: No
  • Appliances: Built-In Oven, Dryer, Electric Cooktop, Freezer, Ice Maker, Refrigerator, RefrigeratorWithIce Maker, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Flooring: Tile
  • Interior Amenities: Breakfast Bar, Cathedral Ceiling(s), Dual Sinks, Kitchen Island, Living/Dining Room, Shower Only, Separate Shower
  • Living Area: 2514.0
  • Dining Room Type: Bathroom, Den, Guest Quarters, Other, Screened Porch, Great Room
  • Stories: 3
  • Window Features: Casement Window(s), Display Window(s), Impact Glass

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Features: Above Ground, Fiberglass, Electric Heat, Heated
  • Pool Private: Yes
  • View: Bay, Gulf, Landscaped, Partial, Trees/Woods
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Owner Has Flood Insurance
  • Construction Type: Other, Wood Frame
  • Direction Faces: North
  • Exterior Features: Deck, Security/High Impact Doors
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Balcony, Deck, Lanai, Porch, Screened
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage

Utilities

  • Laundry Features: Inside
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Not Available
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: None
  • Association: No
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: None

Lot Info

  • Parcel #: 05-45-21-17-00005.0080
  • Zoning Description: RS-1

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 12563.35
  • Tax Block: 5
  • Tax Lot: 8
  • Tax Year: 2024

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 $12,563 $836,750 -- --
2024 $13,720 $760,682 -- --
2023 $13,720 $691,529 $0 $0
2022 $11,880 $628,663 $0 $0
2021 $10,021 $585,676 $50,000 $535,676
2020 $9,191 $515,171 $64,000 $451,171
2019 $1,211 $64,000 $64,000 $0
2018 $1,184 $60,600 $60,600 $0
2017 $1,115 $59,400 $59,400 $0
2016 $964 $43,800 $43,800 $0
2015 $981 $46,125 $46,125 $0
2014 -- $50,150 $50,150 $0
2013 -- $54,200 $54,200 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/30/2025 12/30/25 For Sale $2,800,000 +3900.0% $1,114 / Sq Ft
01/17/2017 01/17/17 Sold $70,000 -17.6% -- View Prior Sale
12/18/2016 12/18/16 Pending -- -- --
03/10/2016 03/10/16 For Sale $85,000 -- --
Source: Florida Gulf Coast Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Warranty Deed $70,000 None Available
Warranty Deed $23,500 Attorney
Warranty Deed $180,000 --
Deed $49,000 --
Warranty Deed $32,000 --
Warranty Deed $24,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $157,500 Purchase Money Mortgage
Previous Owner $26,000 Purchase Money Mortgage
Source: Public Records

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 2025025176

Florida Gulf Coast Multiple Listing Service

APN: 05-45-21-17-00005.0080