517 Lake Murex Circle

Off Market

517 Lake Murex Circle

Sanibel FL 33957

7236 sq. ft.

0.87 ac.

Single-Family

Last sold for $1,250,000

Karen Bell, last sold this property on 27 March 2026 after 776 days on market.

Overview

This spacious and beautifully designed elevated lakefront home offers over 3,072 square feet under air, providing comfort and versatility for a retired couple or growing family. The layout features three bedrooms, three full baths, and a loft, along with a formal dining room that can serve as a den or fourth bedroom, making the home adaptable to a variety of needs. The residence sits on an eco-friendly, oversized park-like lot across from protected conservation land. Enjoy breathtaking sunsets over the 17-acre lake from the screen-in porch and lanai, or relax by the large swimming pool and spa, complete with solar heater and waterfall. The home boasts cathedral ceilings, an eat-in kitchen with granite countertops, and a bright open feel throughout. The finished first floor, featuring impact patio doors and a concrete block foundation, is ideal for an art studio, hobbies, or even an entertainment space. Practical upgrades include a new metal roof, new air conditioning units, and extra clearance impact garage doors for the 3.5 car finished garage. The location is equally impressive with HOA tennis and pickleball courts and a short walk to the beach access, making this an exceptional property in a peaceful and highly desirable neighborhood. Square footage is believed to be correct but Buyer to verify.

Features

4 bedrooms

3 bathrooms

3 carspaces

3 garage spaces

7236 sq. ft. floor area

0.87 ac. lot size

Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Sanibel over the last 12 months, the estimated median property value of 517 Lake Murex Circle is $1.43m.

Median value

$1.43m

Estimated value range

$385k - $9.7m

Median days on market

104

Estimated value trend

-9%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Sanibel. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 517 Lake Murex Circle

2026

Sold

$1,250,000

27 Mar 2026 by Karen Bell, of Michael Saunders & Company

Happy sellers in Sanibel

We have insufficient information to provide an overview of customer satisfaction for Sanibel. Viewing the agent profiles, reviews and sales for Sanibel can provide insights for this location.

Local market activity for 4 bedroom single-family properties in Sanibel

In the last 12 months, 65 four-bedroom single-family properties similar to 517 Lake Murex Circle, have been sold.

This represents a 103% decrease in four-bedroom single-family properties sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Sanibel for a market analysis.

Kerry Wilson

at Veris Realty, LLC

(22 reviews)

Get a market analysis

Lesley Barton

at COLDWELL BANKER REALTY

(191 reviews)

Get a market analysis

Eric Pfeifer

at Pfeifer Realty Group LLC

Get a market analysis

Phaidra McDermott

at KINGFISHER REAL ESTATE INC.

Get a market analysis

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Sanibel

Kerry Wilson

Kerry Wilson is a recommended agent for Sanibel. They have 1 local sale and collected 2 local reviews across the last 12 months.

5 (22 reviews)
2 Reviews in Sanibel
1 Sale in Sanibel

View profile

Lesley Barton

Sellers who recommend Lesley Barton have praised them for being local expert, clear communication, responsive, supportive, dedicated, detail-oriented, and reliable