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Florida is the number one state to retire to, and if you’re coming down with deep pockets, this is the fourth in the series. Perhaps you prefer the island life? Today I’ve compiled a list of the 10 most expensive homes for sale in Sanibel. If you’re coming down with bags and prefer the mainland, I’d suggest you check out The 10 Most Expensive Houses For Sale In Naples Right Now.   Maybe the bank will only loan you 5 million, check out The 10 Most Expensive Properties For Sale in Fort Myers Right Now. For those of us that live in Southwest Florida, we know that Sanibel Island is special. More than one celebrity has called Sanibel their second or even main home.

So if you’ve got the cash, or maybe you just won the Powerball and want to check out houses  for sale in Sanibel. Or a big raise at the job. No problem, but if you’re looking to finance, better do it quick before interest rates go up. Financing a 8 million dollar house is roughly $35,000 a month for principal and interest. Don’t forget the taxes, and since many of the homes are on or very near the beach, there’s a lot more upkeep involved. That salt water takes a toll.

Many of these homes are pending or even contingent. The Southwest Florida market is super hot right now, so if you see something you like best to grab it quick. Shout out to Brandon Plotnick who did an article on “The 9 Most Expensive Fayetteville Homes“. I’ve never been to Fayetteville but by looking at the list, a million dollars goes a lot further than it does here in Southwest Florida. Also shout out to my realtor neighbor Mark, who drives an obnoxious Black Corvette that looks like the Batmobile.

I did a search on Realtor.com for properties in Sanibel over $900,000 and it came back with 72 results. Let’s just take a look at the top 10 homes for sale on Sanibel Island right now.

  • 10. 4322 W Gulf Dr - $3,450,000

    It’s not on the water, but it’s tucked far enough back in to the woods that you can walk around naked without closing the blinds. I should probably write for real estate sites. I know the selling points that are truly important.

    4322 W Gulf Dr, Sanibel, FL 33957 | realtor.com®

    Don't miss the opportunity to own this stunning Wolter Group inspired near beach pool home on West Gulf Dr. with over an acre of land backing up to Sanctuary.

     

  • 9. 543 E Gulf Dr - $3,500,000

    Let’s go back to old Florida times. This house was built in 1968 but it’s location is near perfect.

    543 E Gulf Dr, Sanibel, FL 33957 | realtor.com®

    Summer of '42 House - Stunning 180 degree ocean views from the expansive windows and 100 feet of beautiful beach front on the Gulf of Mexico! Those familiar with Sanibel will know this available-once-in-a-lifetime dream beach home will not last long!

     

  • 8. 1028 Bayview Dr - $3,950,000

    We just went from a 50 year old house to one that’s not built yet. 4 mil buys you this inside piece of land.

    1028 Bayview Dr, Sanibel, FL 33957 | realtor.com®

    The perfect place to build your island dream home! This oversize bay front lot is suitable for building a large single home and is located on a private road with other multimillion dollar homes. Lot is located across from acres of conservation land, ensuring privacy.

     

  • 7. 2549 W Gulf Dr Unit 101 - $3,995,000

    If you don’t want the upkeep, here’s a condo to check out. Mind the $1900 a month HOA fees.

    2549 W Gulf Dr Unit 101, Sanibel, FL 33957 | realtor.com®

    Eric Pfeifer Pfeifer Realty Group is your home team. Contact agent for a private showing. Request a private showing Don't miss this rare opportunity to own a stunning 3BR/3.5BA condominium overlooking the Gulf of Mexico. This impressive complex boasts an address on highly sought-after W Gulf Dr. Comprised of only 12 units, Sedgemoor offers peace and tranquility steps from the Gulf.

     

  • 6. 1304 Seaspray Ln - $4,695,000

    Check out the crow’s nest. That’s a view.

    1304 Seaspray Ln, Sanibel, FL 33957 | realtor.com®

    Stunning beach home located on over 1 acre in the small private neighborhood of Seaspray. This casually, elegant home features an entire floor dedicated to the master suite with fireplace, spacious marble bath, private outdoor deck and access to the upper sundeck. Every floor is easily accessed by 3 story elevator and stunning staircase.

     

  • 5. 4717 Rue Belle Mer, - $4,950,000

    I like how they draw the property line. From the road – to the gulf. All yours.

    4717 Rue Belle Mer, Sanibel, FL 33957 | realtor.com®

    Spectacular beachfront 1 acre plus property located within a super private and natural setting in Chateaux Sur Mer. Beautiful property with an existing 3 bedroom ground level home. This is a limited opportunity for a buyer looking for a superior beach front property to build a new home.

     

  • 4. 435 Bella Vista Way E - $5,200,000

    3 stories plus a crow’s nest to see out to the horizon.

    435 Bella Vista Way E, Sanibel, FL 33957 | realtor.com®

    Eric Pfeifer Pfeifer Realty Group is your home team. Contact agent for a private showing. Request a private showing Available for the first time in 32 years, The Spoonbill, located within the confines of the luxurious Colony Beach Estates on the East end of Sanibel Island is positioned on a spectacular expanse of beachfront property overlooking the Gulf of Mexico.

     

  • 3. 1077 Bird Ln - $5,699,000

    It’s got it’s own movie theater with plush red leather recliners.

    1077 Bird Ln, Sanibel, FL 33957 | realtor.com®

    Enjoy serene and expansive water views from this stunning, 6000 sq ft, bayfront masterpiece with 125 feet of beach bay frontage! You'll love the lights across the bay at night! Living is easy and all on one level with a 3 bedroom ensuite guest wing, a huge master suite at the opposite end and plenty of living and dining space in between.

     

  • 2. 1349 Bay Dr - $6,395,000

    They just reduced the price. Still 6 million more than I can afford, but we’re getting closer!

    1349 Bay Dr, Sanibel, FL 33957 | realtor.com®

    Paradise found on 23+ acres of Sanibel history. Almost an island on an island. 1600 feet (1/4 mile) of Bay frontage once known as Reed's Landing; home of Sanibel's first post office, the Sanibel House hotel & the shipping docks. Time has stood still here & privacy abounds.

     

  • 1. 3767 W Gulf Dr - $7,500,000

    You could rent this place out for rap video shoots. Incredible.

    3767 W Gulf Dr, Sanibel, FL 33957 | realtor.com®

    Majestic and absolutely stunning beach front estate located on Sanibel Island, Florida. This Mediterranean influenced gem was meticulously built and designed. Gorgeous exterior and interior detail finishes compliment the richness of this private residence that offers second to none magnificent Gulf of Mexico views and quality.