Sanibel, FL Homes for Sale under $300,000

/5
$189,000

$50K PRICE DROP
- Land
- 16,552 Sq Ft
- $497,368 per Acre
491 Marian Rd, Sanibel, FL 33957

Beautiful oversized 0.375-acre homesite on prestigious Sanibel Island, offering a rare opportunity to create a refined coastal residence in the desirable Sanibel Highlands. Ideally located just a short stroll from Algiers Beach, one of Sanibel’s cherished shelling beaches, this exceptional property combines privacy, flexibility, and long-term value in one of Southwest Florida’s most sought-after

Alena Knoepfler

FLORIDA HOMES REALTY & MORTGAGE GVILLE

491 Marian Rd, Sanibel, FL 33957
Explore Sanibel
/27
$289,000
- 1 Bed
- 1 Bath
- 638 Sq Ft
601 Periwinkle Way Unit D7, Sanibel, FL 33957

Welcome to Captains Walk Unit D7, a second-floor gem overlooking a beautifully landscaped courtyard, canal, and dock within this intimate, 48-unit island community. Escape to your own Sanibel retreat in this spacious one-bedroom & one-bath condo ideally located on the island’s desirable East End. Just a short walk or bike ride brings you to some of Florida’s most breathtaking beaches, where you

Tina DiCharia

Royal Shell Real Estate, Inc.

601 Periwinkle Way Unit D7, Sanibel, FL 33957
/2
$239,000

$36K PRICE DROP
- Land
- 14,374 Sq Ft
- $724,242 per Acre
2505 Island Inn Rd Unit 1 + 2, Sanibel, FL 33957

Tucked away in a peaceful, nature-filled setting, this exceptional homesite offers a rare chance to enjoy the quiet beauty of Sanibel while remaining just moments from the island’s stunning beaches, charming shops, and favorite dining destinations. Surrounded by protected sanctuary land, the property feels like a private retreat where native wildlife, tropical vegetation, and gentle island

Rose Dakos Royal Shell Real Estate, Inc.

2505 Island Inn Rd Unit 1 + 2, Sanibel, FL 33957
/26
$299,999

$20K PRICE INCREASE
- 1 Bed
- 1 Bath
- 638 Sq Ft
805 E Gulf Dr Unit C7, Sanibel, FL 33957

East-end 64-unit canal-to-gulf Sanibel Arms condo community is coming back. The association opened canal-side units in Bldgs A-C to owners in late April which is when the #C7 sellers returned to see it. Though #C7 being 2nd floor/interior was not damaged during the last storms, Assoc repairs have been underway since they left in Nov 2022. They lived in their unit before that. Today work continues

Susan Andrews SanibelSusan Realty Associates

805 E Gulf Dr Unit C7, Sanibel, FL 33957
/24
$298,000

$101K PRICE DROP
- Land
- 18,295 Sq Ft
- $709,524 per Acre
2348 Wulfert Rd Unit 40, Sanibel, FL 33957

One of the few remaining parcels at The Sanctuary with excellent elevation and wonderful privacy afforded by the preservation land to the east. The Sanctuary is an Audubon recognized golf course designed by Arthur Hills. Stunning scenery and in harmony with nature. World class golf along with exceptional amenities are at your fingertips in addition to being very close to the beautiful beaches on

Phaidra McDermott Kingfisher Real Estate Inc.

2348 Wulfert Rd Unit 40, Sanibel, FL 33957
/14
$135,000

$50K PRICE DROP
- 1 Bed
- 1 Bath
- 310 Sq Ft
1119 Periwinkle Way Unit 172, Sanibel, FL 33957

Turn-key modern high tech beach house. Top-spec (warranted) appliances, exceptional efficiency and integrated remote-controlled home management system (operable from your phone). This Nov'24 award-winning custom home is bright, thoughtfully designed and fully movable: it is rated -40F to 120F, so stay comfy at the beach or take it to the ski slope. It is perfect as a full-time minimalist home, or

Steven Koleno BEYCOME OF FLORIDA LLC

1119 Periwinkle Way Unit 172, Sanibel, FL 33957
/2
$239,000

$36K PRICE DROP
- Land
- 14,244 Sq Ft
- $730,887 per Acre
2505 Island Inn Rd, Sanibel, FL 33957

Tucked away in a peaceful, nature-filled setting, this exceptional homesite offers a rare chance to enjoy the quiet beauty of Sanibel while remaining just moments from the island’s stunning beaches, charming shops, and favorite dining destinations. Surrounded by protected sanctuary land, the property feels like a private retreat where native wildlife, tropical vegetation, and gentle island

Rose Dakos Royal Shell Real Estate, Inc.

2505 Island Inn Rd, Sanibel, FL 33957
/26
$299,999
- Land
- 14,592 Sq Ft
- $895,519 per Acre
2486 Wulfert Rd, Sanibel, FL 33957

Vacant homesite in The Sanctuary on Sanibel Island, positioned along the Arthur Hills golf course with views near the 15th tee. This property offers a strong opportunity for custom construction or a speculative build within one of Sanibel’s most established golf communities, known for its natural setting, architectural standards, and quality residences. The lot provides a desirable location

LeAne Suarez John R. Wood Properties

2486 Wulfert Rd, Sanibel, FL 33957
/24
$298,000

$101K PRICE DROP
- Land
- 18,164 Sq Ft
- $714,628 per Acre
2348 Wulfert Rd, Sanibel, FL 33957

One of the few remaining parcels at The Sanctuary with excellent elevation and wonderful privacy afforded by the preservation land to the east. The Sanctuary is an Audubon recognized golf course designed by Arthur Hills. Stunning scenery and in harmony with nature. World class golf along with exceptional amenities are at your fingertips in addition to being very close to the beautiful beaches on

Phaidra McDermott Kingfisher Real Estate, Inc.

2348 Wulfert Rd, Sanibel, FL 33957
/14
$299,000

$40K PRICE DROP
- 1 Bed
- 1 Bath
- 638 Sq Ft
805 E Gulf Dr Unit A7, Sanibel, FL 33957

Welcome to Unit A7 in the Original Sanibel Arms Complex — a rare opportunity to secure your place in one of Sanibel’s most beloved communities. The complex is currently undergoing a full renovation following Hurricane Ian, with completion anticipated in April 2026. Once finished, Sanibel Arms will feel beautifully refreshed with new impact windows, freshly painted exteriors, and revitalized

Deb Smith Michael Saunders & Company

805 E Gulf Dr Unit A7, Sanibel, FL 33957
/15
$179,000
- 1 Bed
- 1 Bath
- 556 Sq Ft
1119 Periwinkle Way, Sanibel, FL 33957

Unit 119 574 sq ft Park Model with sunroom, in addition to covered porch. Completely remodeled including new roof, windows, electrical, HVAC, surge protectors, plumbing, Pergo flooring, appliances, furniture, as well as furnishings in 2023. 20 anchors and straps professionally installed in 2025 and spray foam insulated in 2026. Designed for full time living, so everything has been lovingly cared

Steven Koleno BEYCOME OF FLORIDA LLC

1119 Periwinkle Way, Sanibel, FL 33957
/12
$280,000

$49K PRICE DROP
- Land
- 31,188 Sq Ft
- $391,061 per Acre
5398 Osprey Ct, Sanibel, FL 33957

Incredible Value! Such a deal for someone wanting to live their island dream! This property was purchased for 280K 5 years ago, the Sellers are very motivated! Design your dream home from the ground up with every detail, just how you imagined it. But the real magic?? Morning laps just steps away in the sparkling community pool (hello, low-impact cardio and instant refresh). Afternoon rallies on

Barbara Maughan John R. Wood Properties

5398 Osprey Ct, Sanibel, FL 33957
/12
$280,000

$49K PRICE DROP
- Land
- 31,363 Sq Ft
- $388,889 per Acre
5398 Osprey Ct Unit 16, Sanibel, FL 33957

Incredible Value! Such a deal for someone wanting to live their island dream! This property was purchased for 280K 5 years ago, the Sellers are very motivated! Design your dream home from the ground up with every detail, just how you imagined it. But the real magic?? Morning laps just steps away in the sparkling community pool (hello, low-impact cardio and instant refresh). Afternoon rallies on

Barbara Maughan John R. Wood Properties

5398 Osprey Ct Unit 16, Sanibel, FL 33957

Florida Lee County Sanibel

Home Prices in Sanibel, FL

The median home sale price in Sanibel, FL is $935,000, up 4% year-over-year. Homes in Sanibel sell in 182 days on average, compared to the national average of 57 days.

Home Price Trends

Median Sale Price $935,000	Median Single Family Sale Price $1,150,000
Median Townhouse Sale Price $1,174,500	Median 2 Bedroom Sale Price $745,000
Median 1 Bedroom Sale Price $425,000	Average Price Per Sq Ft $637
Number of Homes for Sale 325	Last 12 months Home Sales 661
Months of Supply 5.90	Median List Price $1,075,000
Median Change From 1st List Price 14%	Median Home Sale Price YoY Change 4%

How to Buy a Home How to Finance a Home How to Sell a Home

Sanibel Types of Homes for Sale

Sanibel Homes by Price

More About Living in Sanibel

Sanibel Homes for Sale by Style

Homes for Sale in Nearby Neighborhoods

Homes for Sale in Nearby Cities

Homes for Sale in Nearby Counties

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Homes.com Licensing Information

§ 442-H New York Standard Operating Procedures

New York Fair Housing Notice

TREC: Information about brokerage services, Consumer protection notice

California DRE #01937601

Contact Homes.com Brokerage