NOT LISTED FOR SALE

4550 Smugglers Dr Captiva, FL 33924

Estimated Value: $1,336,000 - $2,701,000

4 Beds
2 Baths
2,618 Sq Ft
$788/Sq Ft Est. Value

Last Sold October 27, 2020

Last sale price $1,500,000 $573 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $12,451/month

133 Days on Market

Highlights

  • Concrete Pool
  • Bay View
  • Deck
  • Sanibel Elementary School Rated A-
  • Fruit Trees
  • Contemporary Architecture

About This Home

As of October 2020

Absolutely Perfect! High-End Luxury Island Estate Home on four private lots comprising over 1 Acre of land, just a short walk to miles of sandy Gulf beaches. Designed by renowned German architects and built to the highest standards of quality, this private estate would be impossible to replicate on the island at this price. Beautiful concrete pool with Ipe deck, the largest residential pool on the island. Spacious porches and decks, delightful manicured grounds. All the privacy you need! Four distinctively decorated and spacious bedrooms, customized with floor to ceiling closet built-ins. Luxurious baths will make you feel like you stepped inside the pages of a magazine. Shiplap walls and ceilings plus mahogany floors throughout this exquisite home bring Old Florida charm and elegance at every turn. The kitchen has impeccable granite countertops, sleek appliances, tons of storage, and even a hidden laundry space. The top level offers panoramic views of the Gulf of Mexico, tropical vistas across the island, and beautiful sunsets while surrounded on all four sides by Marvin impact-resistant windows, custom woodwork, and glass door cabinetry. This is truly a one of a kind property.

Last Agent to Sell the Property

Mark Muller

Resort Properties Internationa License #280595610 Listed on: 05/16/2020

Last Buyer's Agent

Mark Muller

Resort Properties Internationa License #280595610 Listed on: 05/16/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,435

Year Built

  • Built in 2015

Lot Details

  • 1.05 Acre Lot
  • Lot Dimensions are 184 x 250 x 180 x 250
  • Property fronts a private road
  • South Facing Home
  • Oversized Lot
  • Irregular Lot
  • Fruit Trees
  • Property is zoned RS-1

Property Views

  • Bay
  • Gulf
  • Woods

Home Design

  • Contemporary Architecture
  • Florida Architecture
  • Wood Frame Construction
  • Metal Roof

Interior Spaces

  • 2,618 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Single Hung Windows
  • Combination Dining and Living Room
  • Home Office

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Electric Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Closet Cabinetry
  • 2 Full Bathrooms
  • Dual Sinks
  • Shower Only
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

  • Impact Glass
  • High Impact Door
  • Fire and Smoke Detector

Pool

  • Concrete Pool
  • Outdoor Shower

Outdoor Features

  • Balcony
  • Deck
  • Screened Patio
  • Outdoor Storage
  • Outdoor Grill
  • Porch

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Castaway Key Unrecorded Subdivision

Listing and Financial Details

  • Legal Lot and Block 3 / 2
  • Assessor Parcel Number 05-45-21-17-00002.0220

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,435

Year Built

Built in 2015

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.05
  • Lot Size: 184 x 250 x 180 x 250
  • 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. Follow Rum Rd to Smugglers Dr. Turn right onto Smugglers Dr and follow to the house. The property is on the right.
  • Architectural Style: Contemporary, Florida, Other, Two Story
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2015
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Cooktop, Disposal, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Tile, Wood
  • Interior Amenities: Breakfast Bar, Closet Cabinetry, Cathedral Ceiling(s), Dual Sinks, High Speed Internet, Living/Dining Room, Pantry, Shower Only, Separate Shower, Home Office
  • Living Area: 2618.0
  • Stories: 1
  • Window Features: Single Hung, Impact Glass
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Irregular Lot, Multiple lots, Oversized Lot
  • Pool Features: Concrete, Electric Heat, Heated, See Remarks
  • Pool Private: Yes
  • View: Bay, Gulf, Landscaped, Partial, Trees/Woods
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: See Remarks, Wood Frame
  • Direction Faces: South
  • Exterior Features: Deck, Fruit Trees, Security/High Impact Doors, Outdoor Grill, Outdoor Shower, Storage
  • Patio And Porch Features: Balcony, Deck, Open, Porch, Screened
  • Property Condition: Resale
  • Roof: Metal

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Lot Info

  • Parcel #: 05-45-21-17-00002.0220
  • Zoning Description: RS-1
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 16435.0
  • Tax Block: 2
  • Tax Lot: 3
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2023
Sold by
Walker Richard and Walker Lisa Ann
Bought by
Richard Walker And Lisa Ann Hennessy Walker R
Total Days on Market
133
Current Estimated Value
$2,063,960

Purchase Details

Listed on
May 16, 2020
Closed on
Oct 27, 2020
Sold by
Schwitzke Kalus and Herzogschwftzke Seglldde
Bought by
Walker Richard and Walker Lisa Ann
Seller's Agent
Mark Muller
Resort Properties Internationa
Buyer's Agent
Mark Muller
List Price
$1,600,000
Sold Price
$1,500,000
Premium/Discount to List
-$100,000
-6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.20%
Original Mortgage
$1,200,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2013
Sold by
Pensco Trust Company
Bought by
Schwitzke Klaus and Herzog Schwitzke Steglinde

Purchase Details

Closed on
May 10, 2005
Sold by
Gordon Michael
Bought by
Pensco Trust Co and Charles R Ballard Ira Account #Ba1cx

Purchase Details

Closed on
Oct 21, 2002
Sold by
Es Done With
Bought by
Gordon Michael

Purchase Details

Closed on
Mar 27, 2001
Sold by
Garcia Charlie E
Bought by
Done With E S
Source: Public Records

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Range of Values:

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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
Richard Walker And Lisa Ann Hennessy Walker R $100 --
Walker Richard $1,500,000 Attorney
Schwitzke Klaus $93,500 Attorney
Pensco Trust Co $236,500 Executive Title Ins Svcs Inc
Gordon Michael $152,500 --
Done With E S $73,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Walker Richard $1,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2020 10/27/20 Sold $1,500,000 -6.3% $573 / Sq Ft
09/27/2020 09/27/20 Pending -- -- --
05/16/2020 05/16/20 For Sale $1,600,000 -- $611 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

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 $17,979 $1,019,916 -- --
2023 $17,979 $927,196 $0 $0
2022 $15,598 $842,905 $0 $0
2021 $12,549 $735,299 $57,438 $677,861
2020 $11,775 $672,668 $64,000 $608,668
2019 $12,270 $703,344 $64,000 $639,344
2018 $12,153 $708,998 $60,600 $648,398
2017 $11,500 $620,173 $59,400 $560,773
2016 $10,458 $533,935 $65,172 $468,763
2015 $1,335 $59,400 $59,400 $0
2014 -- $66,000 $66,000 $0
2013 -- $72,500 $72,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 220031474

Florida Gulf Coast Multiple Listing Service

APN: 05-45-21-17-00002.0220