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$599,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 3 Full Baths
  • 2,140 Sq. Ft.
  • Updated 22 hours ago
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INCREDIBLE SANIBEL ISLAND OPPORTUNITY! Bring your imagination and finish what has already been started! This spacious 3-bedroom, 3-bath home with a 2-car garage and pool is located within walking distance of the beautiful Sanibel beaches and offers tremendous potential. A major renovation was started but not completed, giving the next owner the opportunity to finish the home to their own taste and vision. Significant improvements already in place include a NEW ROOF, NEW WINDOWS AND SLIDING GLASS DOORS, large-format tile flooring, a contemporary kitchen renovation in progress, and beautifully updated baths featuring impressive floor-to-ceiling tile work. The open interior design features vaulted ceilings, abundant windows and sliding doors, and plenty of natural light. Enjoy peaceful WATER VIEWS from the home and expansive outdoor areas. The elevated design provides a large amount of space below and the property offers TONS OF ROOM AND POTENTIAL FOR EXPANSION, outdoor living and entertaining. With many of the major improvements already started, this is a unique opportunity to complete a custom Sanibel Island home exactly the way you want it. Pool, water views, garage, spacious homesite and a location within walking distance of SANIBEL BEACH-bring your contractor, your plans and your imagination!

Full Property Details for 497 Lake Murex Cir

General

  • Price: $599,000
  • Taxes: (2025)
  • Status: Active
  • Type: Single Family
  • Source: Bonita_Springs
  • MLS ID: 2026037742
  • Updated: 9/7/2026
  • Added to Site: 1 day(s) ago

Interior

  • Interior Features: Great Room, Other
  • Appliances: None
  • Furnishings: Unfurnished
  • Flooring: Other

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Primary Bathroom: Shower Only

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Kitchen: Kitchen Island
  • Dining Room: Dining - Living

Additional Information

  • Shared Amenities: Non-Gated
  • Pool: Yes
  • Private Pool: Yes
  • Pool Description: In Ground

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Covered Spaces: 2
  • Parking Features: Covered, Attached

Location

  • Area: SI01 - Sanibel Island
  • County: Lee
  • Subdivision: LAKE MUREX
  • Building Name: LAKE MUREX
  • Driving Directions: From West Gulf Dr turn into Lake Murex Cir
  • Direction Faces: East

Community

  • Association: Yes
  • Assoc. Fees Include: None
  • Units Assoc/Comm: 1
  • Pets Allowed: Yes
  • Management Type: Residents

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Electric, Wall Unit(s)
  • Heating Type: Central Electric

Utilities

  • Sewer: Central
  • Water: Central
  • Utility Description: Cable Not Available

Structural Information

  • Description/Design: Single Family Residence
  • Exterior Const.: Elevated, Piling, Vinyl Siding, Wood Siding
  • Roof: Shingle
  • Windows: Sliding, Impact Resistant Windows
  • Doors: Impact Resistant Doors
  • Stories/Levels: 2
  • Stories in Building: 2
  • 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: 170 x 322 x 144 x 322
  • Frontage Feet: 170
  • Street/Road Desc.: Paved
  • Irrigation System: None

Water Features

  • Water Front: Yes
  • Water Front Desc.: Lake Front
  • Lake Front: Yes

Financial Considerations

  • Other Assoc Fees: $100
  • Other Fee Freq.: Annually
  • Tax Year: 2025
  • Terms: Buyer Finance/Cash

Disclosures and Reports

  • Ownership: Single Family
  • Special Conditions: Real Estate Owned
  • Legal Description: LAKE MUREX PB 25 PG 70 LOTS 70 + 70A
  • Bank-owned: Yes
  • Property ID: 27-46-22-T4-00500.0700
  • Section: 27
  • Block: 500
  • Lot Number: 70

Listed by West Islands Realty Inc

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Listing agent

— 497 Lake Murex Cir —

  • West Islands Realty Inc

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 497 Lake Murex Cir

School District:Lee County School District, Fort Myers, FL
NameGradesDistance
The Sanibel School
3840 Sanibel Captiva Road, Sanibel, FL 33957
6-81.6 mi
Cypress Lake High School
6750 Panther Lane, Fort Myers, FL 33919
9-1214.2 mi
South Fort Myers High School
14020 Plantation Road, Fort Myers, FL 33912
9-1217.1 mi
Estero High School
21900 River Ranch Road, Estero, FL 33928
9-1218.6 mi
Fort Myers High School
2635 Cortez Boulevard, Fort Myers, FL 33901
9-1219.1 mi
Bonita Springs High School
25592 Imperial Parkway, Bonita Springs, FL 34135
9-1220.8 mi
Dunbar High School
3800 Edison Avenue, Fort Myers, FL 33916
9-1221.3 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 497 Lake Murex Cir Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/07/2026
Listed
$599,000
-16.22%
MLS
12/12/2022
Sold
$715,000
—
Public Record
Get Price Alerts and Save Property
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 for 497 Lake Murex Cir

Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,759
—
$458,658
-10%
2025
$7,759
-48%
$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
—
View All
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 for 497 Lake Murex Cir

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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Listed by West Islands Realty Inc

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497 Lake Murex Cir, Sanibel, FL 33957 (MLS# 2026037742) is a Single Family property with 3 bedrooms and 3 full bathrooms. 497 Lake Murex Cir is currently listed for $599,000 and was received on September 07, 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.

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