11 days on rocket

4202 Old Banyan Way, Sanibel, FL, 33957

$1,595,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
1,745 SqFt
$914/SqFt
House
Schools Nearby

Location

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4202 Old Banyan Way, Sanibel$1,595,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingUnderground, Two Spaces, Attached Carport
Year Built1992
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s), Electric
WaterfrontLake Front
ViewLake
MLS #224035228
Lot Size0.43 Acres
StatusActive

About 4202 Old Banyan Way

Nestled in the heart of beautiful Sanibel Island, this stunning beach home offers the perfect combination of coastal charm and modern living. Surrounded by lush, mature landscaping and the Sanibel River, this 3 bedroom/2.5 bath home sits on a large corner lot. Inside, the spacious, open floor plan combines the living, dining, and gourmet kitchen areas and is perfect for entertaining and everyday living. With a vaulted ceiling and cupola windows, the house is filled with natural light while the sliding glass doors frame the picturesque views of the backyard and lagoon. The outdoor living space is complete with a large screened lanai and sunset-facing porch. This home includes 3 large bedrooms, with the primary bedroom featuring a luxurious en-suite bathroom and expansive walk-in closet. The guest bedrooms are ideally situated on the other side of the house and share an updated bathroom. With a metal roof and elevated on stilts, the home suffered virtually no damage in Hurricane Ian. Combined with nearly complete furnishings for buyers who are interested, the home is truly move-in ready. Located in the sought-after Gulf Pines Community, a private gulf-front community located on the quiet west end of the island where residents enjoy two pools, tennis courts, a clubhouse, private beach access, as well as world-class shelling on a wide and secluded section of the beach, this is a rare opportunity to own a spectacular and extremely well-built property.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch, One Story, Split-Level
  • Year Built: 1992
  • Stories: 1
  • Living Area: 1,745 SqFt

Listing Office:

  • Office Name: Pfeifer Realty Group LLC
  • Office Phone: (239) 472-0004
  • Listing Agent: Wendy Kirschner

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Freezer, Disposal, Ice Maker, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer
  • Flooring Type: Carpet, Tile
  • Interior: Breakfast Bar, Bathtub, Dual Sinks, Entrance Foyer, Living/Dining Room, Pantry, Separate Shower, Cable TV, Vaulted Ceiling(s), Walk-In Closet(s), Split Bedrooms

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Lake Front
  • View: Lake
  • Exterior: Deck, Security/High Impact Doors, Sprinkler/Irrigation, Outdoor Kitchen, Patio, Storage, Shutters Electric

Parking Information:

  • Parking: Underground, Two Spaces, Attached Carport

Lot Features

Lot Information:

  • Lot: Oversized Lot, Cul-De-Sac, Sprinklers
  • Lot Size: 0.43 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fan(s), Electric

School Info

Assigned Schools Information:

  • Cypress Lake High School, Public Magnet Grades 9-12
  • South Fort Myers High School, Public District Grades 9-12
  • Fort Myers High School, Public Magnet Grades 9-12
  • The Sanibel School, Public District Grades PK-8
  • Heights Elementary School, Public Magnet Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,595,000
  • Price Per SqFt: $914/SqFt

Tax Information:

  • Annual Amount: $8,045
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Sanibel, FL.

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Sanibel, FL

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$553

Avg. Days On Market

76

# of Sold Homes

44

4202 Old Banyan Way vs Sanibel

11 DAYS ON ROCKET

-65 Days

$1,595,000

+$595K More

$914/SqFt

+$361 More

KEY TAKEAWAY

This property is $595K more than the Median Sold Price and $361/SqFt more than other homes in Sanibel, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SWFL
  • MLS Number: #224035228

Listing Office:

  • Office Name: Pfeifer Realty Group LLC
  • Office Phone: (239) 472-0004
  • Listing Agent: Wendy Kirschner

IDX The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is for consumers` personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/3/2024, 4:20:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 27, 2021Home Sold
$848,000
Mar 18, 2008Home Sold
$770,000

Tax History

YEARPROP. TAXASSESSMENT
2020$8,045$534,559
2019$8,263$546,669
2018$8,509$552,329
2017$8,802$559,608

History based on county public records data.

Payment Calculator

$8,028

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,848

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5472565
9
/10

  • The Sanibel School

  • 3840 Sanibel Captiva Rd

  • 1.01 miles

  • Public District Grades PK-8

school-card-donut-5472566
7
/10

  • Heights Elementary School

  • 15200 Alexandria Ct

  • 13.78 miles

  • Public Magnet Grades PK-5

High School

school-card-donut-5472567
4
/10

  • Cypress Lake High School

  • 6750 Panther Ln

  • 15.65 miles

  • Public Magnet Grades 9-12

school-card-donut-5472568
2
/10

  • South Fort Myers High School

  • 14020 Plantation Rd

  • 18.59 miles

  • Public District Grades 9-12

school-card-donut-5472569
6
/10

  • Fort Myers High School

  • 2635 Cortez Blvd

  • 20.12 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $97,426. Residents of Sanibel, FL typically earn less than $35k each year. Most families are married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4202 Old Banyan Way

What is the listing price of this property?

The listing price of 4202 Old Banyan Way property is $1,595,000.

What type of property is this?

The property 4202 Old Banyan Way is a house located in Sanibel, Florida, 33957.

Is this property for sale now?

Active Listing: 4202 Old Banyan Way is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 4202 Old Banyan Way are:
The Sanibel School: GreatSchools Rating 9/10
Heights Elementary School: GreatSchools Rating 7/10
Cypress Lake High School: GreatSchools Rating 4/10
South Fort Myers High School: GreatSchools Rating 2/10
Fort Myers High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $8,045 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 27, 2021 for $848,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 4202 Old Banyan Way has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 4202 Old Banyan Way is 1,745 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4202 Old Banyan Way is 1992.

Rocket Homes›Florida›Lee County›Sanibel›33957›4202 Old Banyan Way

This home is located at 4202 Old Banyan Way in Sanibel, FL and zip code 33957. This 1,745 square foot home, which was built in 1992, sits on a 0.43 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 22, 2024 and is currently priced at $1,595,000.

Sanibel, FL housing market in April 2024 saw over 2 listings sold above listed price, more than 5 sold at listed price and over 37 sold below. The number of listings in Sanibel, FL decreased by 1% between March 2024 and April 2024. The median list price of listings available in April 2024 was $1,000,000, while the average time on the real estate market was 76 days.

From Rocket Homes Real Estate and based on county public records data.

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