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497 Lake Murex Cir, Sanibel, FL 33957
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For Sale - Active
497 Lake Murex Cir, Sanibel, FL 33957 - 4 Bedroom Pool Home in Lake Murex
$750,000
MLS Number
2025010172
Bedrooms
4 Bed
Bathrooms
3 Baths
Living Area
2,140 sq ft
Total Area
2,841 sq ft
Garage Spaces
0
Year Built
1981
Days on Market
26
home Property Description
This spacious 4-bedroom, 3-bathroom home sits on an oversized lot and is your chance to create the perfect island retreat. Renovations are 71% complete, according to the City of Sanibel. House was gutted and reconfigured with a modern open floor plan, soaring ceilings, and large grey tile flooring throughout. The kitchen features custom cabinets from a designer showroom in Naples and are in place, but not completely installed, large, remodeled bathrooms give a spa like feeling, and needs to be completed (fixtures, shower doors, counter tops installed in guest bathroom, and vanity with countertop installed in guest suite). This home was purchased by some investors after Hurricane Ian and have found themselves short on funds to complete the project. Roof was damaged from the storm. Past owners started the process, removed the old roof, and got it dried in, but new owners will need to finish the project. Trim work inside needs to be finishes, along with hanging closet doors, etc. Front porch staircase needs to be redone, deck railings and stairs off the back deck need to be added for safety. House also needs some soffit, siding, and gutter repairs. Pool deck needs some finishing touches, along with all new equipment. There are various other projects that need to be completed; however, a lot of the materials are on-site. Enjoy sunset views over Lake Murex from the deck, take a short walk to the beach, or relax in the pool. The elevated home offers plenty of garage space for cars, toys, and more. Sold AS/IS with the right to inspect— Power is not on.
fact_check The Basics
Property Type
Single Family
Gulf Access
No
Private Pool
Yes
Private Spa
No
Acres
0.565
Furnished
Unfurnished
Last Modified
2 weeks ago
roofing Building Features
Building Style
See Remarks, Stilts
Construction Materials
Wood Frame, Wood Siding
Cooling
None
Covered Spaces
4
Elevator
None
Floor Plan
Great Room
Floors
1
Rear Exposure
North
Roof
Metal
Storm Protection
None
View
Lake
Water Source
Assessment Paid
Waterfront Features
Lake
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chair Interior Features
Appliances & Equipment
None
Interior Features
Other
Additional Rooms
None
Kitchen Features
Built-In Desk
Flooring
Tile
Gas
No
holiday_village Neighborhood and Community
Pets Allowed
Yes
Amenities
None
Neighborhood
Lake Murex
Neighborhood Type
No Subdivision, Non-Gated
Included in Fees
Cable
HOA Restrictions
None

Chris Farrugia, M.B.A.
Realtor® at The Listing Naples Group
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The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations. Copyright 2025 Southwest Florida MLS organizations. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.
Listing provided by EXP Realty LLC.
