Home > Lake Murex > 497 Lake Murex Cir, Sanibel, FL 33957
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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

savings Financials & HOA Fees

Foreclosure Yes
Auction No
Short Sale No
Mandatory HOA No

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

photo_library Additional Images

Chris Farrugia, REALTOR Portrait

Chris Farrugia, M.B.A.

Realtor® at The Listing Naples Group

📞 (239) 248-8171
📧 chris@listingnaples.com

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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.