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5438 Shearwater Dr, Sanibel, FL 33957
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For Sale - Active
5438 Shearwater Dr, Sanibel, FL 33957 - 3 Bedroom Townhouse in Herons Landings I at Herons Landing
$1,765,000
MLS Number
225060952
Bedrooms
3 Bed
Bathrooms
3 Baths + 1 Half
Living Area
2,460 sq ft
Total Area
4,144 sq ft
Garage Spaces
2
Year Built
1990
Days on Market
247
home Property Description
Elevated Coastal Living at Shearwater | Sanibel Island
Experience a rare offering on Sanibel Island — an expansive luxury residence that delivers the privacy and square footage of a single-family home with the ease and refinement of upscale condominium living.
Located within the prestigious golf and beach community of The Sanctuary, this exceptional Shearwater residence offers generous living spaces, high ceilings, and thoughtfully designed interiors ideal for those who desire room to entertain without the full-time demands of estate ownership. With few properties on Sanibel offering this combination of size, amenities, and low-maintenance convenience, Shearwater represents a truly unique market opportunity.
Designed for the discerning buyer — whether transitioning from a larger Captiva estate, seeking proximity to championship golf, or simply wanting refined coastal living near the beach — this residence checks nearly every box.
Golf enthusiasts will appreciate close access to The Sanctuary Golf Club’s private championship course, while beach lovers are moments from Sanibel’s world-renowned shoreline, shelling beaches, and Gulf sunsets. Spacious indoor-outdoor living areas allow for effortless entertaining, seasonal hosting, and relaxed island living.
Shearwater appeals to:
• Golfers wanting immediate access to premier fairways
• Beachcombers who value privacy and proximity to the Gulf
• Single-family homeowners ready to simplify without downsizing dramatically
• Luxury condo owners looking for significantly more square footage
• Captiva residents seeking a refined Sanibel alternative
This is not just another property — it is a different product entirely. A rare intersection of space, amenities, prestige, and ease.
Shearwater offers an unmatched lifestyle proposition on Sanibel Island.
Experience a rare offering on Sanibel Island — an expansive luxury residence that delivers the privacy and square footage of a single-family home with the ease and refinement of upscale condominium living.
Located within the prestigious golf and beach community of The Sanctuary, this exceptional Shearwater residence offers generous living spaces, high ceilings, and thoughtfully designed interiors ideal for those who desire room to entertain without the full-time demands of estate ownership. With few properties on Sanibel offering this combination of size, amenities, and low-maintenance convenience, Shearwater represents a truly unique market opportunity.
Designed for the discerning buyer — whether transitioning from a larger Captiva estate, seeking proximity to championship golf, or simply wanting refined coastal living near the beach — this residence checks nearly every box.
Golf enthusiasts will appreciate close access to The Sanctuary Golf Club’s private championship course, while beach lovers are moments from Sanibel’s world-renowned shoreline, shelling beaches, and Gulf sunsets. Spacious indoor-outdoor living areas allow for effortless entertaining, seasonal hosting, and relaxed island living.
Shearwater appeals to:
• Golfers wanting immediate access to premier fairways
• Beachcombers who value privacy and proximity to the Gulf
• Single-family homeowners ready to simplify without downsizing dramatically
• Luxury condo owners looking for significantly more square footage
• Captiva residents seeking a refined Sanibel alternative
This is not just another property — it is a different product entirely. A rare intersection of space, amenities, prestige, and ease.
Shearwater offers an unmatched lifestyle proposition on Sanibel Island.
hangout_video Virtual Tour
fact_check The Basics
Property Type
Condo
Gulf Access
No
Private Pool
No
Private Spa
No
Acres
0.071
Furnished
Partially
Last Modified
3 weeks ago
savings Financials & HOA Fees
Foreclosure
No
Auction
No
Short Sale
No
Mandatory HOA
Yes
Master HOA Fee
$3,857 quarterly
roofing Building Features
Building Features
DSL/Cable Available
Building Style
2 Story
Construction Materials
Concrete Block, Stucco, Vinyl Siding
Cooling
Ceiling Fan(s), Central Electric
Covered Spaces
2
Elevator
Private
Floor Plan
2 Story
Floors
2
Garage Spaces
2
Patio and Porch
Deck, Patio
Other Structures
Tennis Court(s)
Rear Exposure
Southwest
Roof
Built-Up, Shingle
Security Features
Security System, Smoke Detector(s), Gated Community
Storm Protection
Impact Resistant Doors, Impact Resistant Windows, Shutters Electric, Shutters - Manual
View
Gulf, Mangroves
Water Source
Central
Waterfront Features
Lagoon, Mangrove
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chair Interior Features
Appliances & Equipment
Cooktop - Electric, Dishwasher, Disposal, Dryer, Microwave, Refrigerator/Icemaker, Security System, Self Cleaning Oven, Smoke Detector, Wall Oven, Washer, Wine Cooler
Interior Features
Built-In Cabinets, Cathedral Ceiling(s), Closet Cabinets, French Doors, Wet Bar, Laundry Tub, Pantry, Smoke Detectors, Tray Ceiling(s), Vaulted Ceiling(s), Volume Ceiling
Additional Rooms
Den - Study, Guest Bath, Guest Room, Laundry in Residence
Flooring
Carpet, Tile
Gas
No
Laundry
Laundry in Residence, Laundry Tub
holiday_village Neighborhood and Community
Pets Allowed
Yes
Amenities
Beach Access, Pool, Spa/Hot Tub, Fishing Pier, Internet Access, Pickleball, Tennis Court(s)
Neighborhood
Herons Landings I at Herons Landing
Neighborhood Type
Gated
Community Features
Pool, Fishing, Tennis Court(s), Gated
Included in Fees
Insurance, Irrigation Water, Lawn/Land Maintenance, Legal/Accounting, Manager, Pest Control Exterior, Reserve, Sewer, Street Maintenance, Trash Removal, Water
HOA Restrictions
Architectural, Deeded
travel_luggage_and_bags Leasing Rules
Lease Limits
Yes
Leases Per Year
12
Minimum Days of Lease
28
school School Zones
Elementary School
School Of Choice
Middle School
School Of Choice
High School
School Of Choice
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 2026 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 Portside Property Group.
