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$699,000
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Property Description
Renovation Opportunity in Desirable Lake Murex! This 4-bedroom, 3-bath residence is perfectly situated in a quiet, well-established Sanibel community known for its natural beauty and convenient island lifestyle. The home offers a spacious floor plan ready to be updated and customized to your personal style. Sold As Is! Enjoy easy access to beaches, scenic bike paths, shopping, and dining while creating your ideal island retreat. A rare opportunity to renovate and personalize a home in one of Sanibel's most popular neighborhoods.
Full Property Details
Full Property Details for 497 Lake Murex Cir
General
- Price: $699,000
- Taxes: (2024)
- Status: Active
- Type: Single Family
- Source: Bonita_Springs
- MLS ID: 2026001426
- Updated: 1/9/2026
- Added to Site: 8 day(s) ago
Interior
- Interior Features: Split Bedrooms, Great Room, Den - Study, Family Room, Other
- Appliances: None
- Furnishings: Unfurnished
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Primary Bathroom: See Remarks
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Dining Room: Dining - Family, Dining - Living
- Laundry: Inside
Additional Information
- Shared Amenities: None, Non-Gated
- Pool: Yes
- Private Pool: Yes
- Pool Description: In Ground
Exterior
- Exterior Features: None
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Attached
Location
- Area: SI01 - Sanibel Island
- County: Lee
- Subdivision: LAKE MUREX
- Building Name: LAKE MUREX
- Driving Directions: From the Sanibel Causeway, continue onto Periwinkle Way. Turn right onto Donax St, then turn left onto Lake Murex Cir. Continue to 497 Lake Murex Cir, which will be on your right.
- Direction Faces: South
Community
- Assoc. Fees Include: None
- Units Assoc/Comm: 1
- Pets Allowed: Yes
- Management Type: None
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Electric
- Heating Type: Central Electric
Utilities
- Sewer: Central
- Water: Central
- Cable Available: Yes
- Utility Description: Cable Available
Structural Information
- Description/Design: Single Family Residence
- Exterior Const.: Wood Frame, Wood Siding
- Roof: Metal
- Windows: Single Hung
- Entry Floor Number: 1
- Stories/Levels: 1
- Stories in Building: 1
- Square Feet: 2,140
- Sq. Ft. Source: Property Appraiser Office
- Living Area: 2,140 Sq. Ft.
- Year Built: 1981
Lot Features
- Property View: Lake
- Lot Size (Acres): 0.565
- Lot Size (Sq. Ft.): 24,611
- Lot Size Source: Property Appraiser Office
- Lot Dimensions: 322 x 144 x 170 x 322
- Frontage Feet: 322
- Irrigation System: Central
- Lot Features: Regular
- Lot Description: Regular
Water Features
- Water Front: Yes
- Water Front Desc.: Lake Front
- Lake Front: Yes
Financial Considerations
- Tax Year: 2024
- Terms: Buyer Finance/Cash, Cash
Disclosures and Reports
- Ownership: Single Family
- Legal Description: LAKE MUREX PB 25 PG 70 LOTS 70 + 70A
- Property ID: 27-46-22-T4-00500.0700
- Section: 27
- Block: 500
- Lot Number: 70
Listed by LPT Realty, LLC
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Schools
Schools serving 497 Lake Murex Cir
School District:Lee County School District, Fort Myers, FL
| Name | Grades | Distance |
|---|---|---|
The Sanibel School 3840 Sanibel Captiva Road, Sanibel, FL 33957 | 6-8 | 1.6 mi |
Cypress Lake High School 6750 Panther Lane, Fort Myers, FL 33919 | 9-12 | 14.2 mi |
South Fort Myers High School 14020 Plantation Road, Fort Myers, FL 33912 | 9-12 | 17.1 mi |
Estero High School 21900 River Ranch Road, Estero, FL 33928 | 9-12 | 18.6 mi |
Fort Myers High School 2635 Cortez Boulevard, Fort Myers, FL 33901 | 9-12 | 19.1 mi |
Bonita Springs High School 25592 Imperial Parkway, Bonita Springs, FL 34135 | 9-12 | 20.8 mi |
Dunbar High School 3800 Edison Avenue, Fort Myers, FL 33916 | 9-12 | 21.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 497 Lake Murex Cir
Date
Details
Price
Change
Source
1/09/2026
Listed
$699,000
-2.24%
MLS
12/12/2022
Sold
$715,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 497 Lake Murex Cir
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,196
-51%
$510,807
-49%
2024
$14,806
-6%
$1,008,949
-5%
2023
$15,744
86%
$1,067,367
74%
2021
$8,469
1%
$612,189
-2%
2022
$8,412
-1%
$622,435
4%
2021
$8,469
2%
$595,963
2%
2019
$8,281
—
$582,564
2%
2018
$8,285
-3%
$571,702
-1%
2017
$8,575
-1%
$578,987
7%
2016
$8,685
15%
$542,497
3%
2015
$7,524
—
$528,708
5%
2014
$7,531
—
$501,996
5%
2013
$7,562
—
$478,476
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 497 Lake Murex Cir
497 Lake Murex Cir, Sanibel, FL 33957 (MLS# 2026001426) is a Single Family property with 4 bedrooms and 3 full bathrooms. 497 Lake Murex Cir is currently listed for $699,000 and was received on January 09, 2026. Want to learn more about 497 Lake Murex Cir? Do you have questions about finding other Single Family real estate for sale in Sanibel? You can browse all Sanibel real estate or contact a Coldwell Banker agent to request more information.

