What Winter is Like for Real Estate on Sanibel & Captiva Islands


One of our favorite photos taken by our pal, Jim Anderson, JMA Photography.

SusanSusan here to report that once the islands got caught in a mid-week cold front (we have had our heat on for three nights – ugh), real estate activity picked up. Several new sales were announced at the Realtor Caravan Meeting yesterday. This week, we listed two homes, held a few open houses, saw showings increase with the chilly weather, and I wrote an offer on a condo.

As you would expect with the nation’s economic indicators, the property moving is either very-well priced or unique. A couple of near-beach pool homes were reported to go under contract after being on the market just a short time and we have heard of some multiple offers on some “super deals”.  

Below is a bit of info about the islands as we wrap up 2011 and begin 2012. Following that is the activity posted since last Friday in the Sanibel and Captiva Islands Multiple Listing Service.

What’s On Sanibel’s Agenda for 2012

A recent article in the “Island Reporter” included looking ahead to the new year. For example, “the year will begin with the City sponsoring a number of public hearings to consider needed changes in the commercial district. All intended to ensure Sanibel, as haven for tourists, remains competitive on a world market, but not in a way that forsakes the environmental qualities that make it so enviable in the first place…In 2012, Public Works will begin the rehabilitation and painting of Sanibel’s famed lighthouse. They will also begin construction of the Bailey Road shared use path, an extension of the Dixie Beach Boulevard shared use path and widening of the shared use paths along Tarpon Bay Road as well as Middle Gulf Drive, among other things.”

A similar article, in looking forward to 2012, the Sanibel & Captiva Chamber of Commerce “reports that indications from accommodation businesses are that the season will be very strong. The new year will mark a major celebration year for the Chamber as it will bring a 50th anniversary to fruition in February. A major Open House and production of commemorative materials will help mark the milestone.” “Last year more than 190,000 visitors came to the Chamber’s Visitor Center to secure information on lodging, dining and fun things to do when in Sanibel or Captiva.” 

The Sanibel Captiva Conservation Foundation (SCCF) reports that “2011 was made especially remarkable due to the “extraordinary support of islanders” who helped the organization secure the 28.3 acres of land fronting Periwinkle Way known as the Bailey Homestead Preserve. SCCF staff and volunteers are presently hard at work at the Homestead, restoring the house and wildlife habitat, as well as the Shipley Trail which, when complete, will connect the City’s Pond Apple Trail to Roadside City Park. They hope to have the Preserve open to the public in a year.

“In further looking ahead into 2012, SCCF’s marine laboratory will be undertaking research which includes environmental monitoring and facilitating restoration projects imperative to the health of area waters. Among these initiatives is seagrass study and restoration, Clam Bayou oyster reef and mangrove restoration, scallop research and restoration, and water quality/seagrass monitoring within the J.N. “Ding” Darling National Refuge.” 

“In terms of managing wildlife habitats, SCCF will be working on the Foundation’s preserved lands as well as public lands through a partnership with the City of Sanibel and the J.N. “Ding” Darling Refuge, with the goal to make these lands as productive as possible for wildlife through projects that include the sea turtle and shorebird nest monitoring programs. They will additionally be studying bobcats, gopher tortoises, freshwater fish and reptiles, eagles, and managing habitat quality through a series of prescribed burns and land management operations.”

“Last year also saw the culmination of many projects at the J.N. “Ding” Darling National Refuge; among them, enhancements made to the Calusa Shell Mound Trail and reopening of the Buck Key Paddling Trail. Their education center was also complemented with a historic Duck Decoy Exhibit….The Refuge was further distinguished as the first in America to open an interactive iNature Trail using QR Code technology…. Some 800,000 visitors came to the Refuge in 2011…. 2012 plans call for the opening of a new exhibit touting the marvels of manatees…opening of a new crocodile exhibit. The Children’s Education Boardwalk connecting the Refuge with the Sanibel School is also scheduled to open in 2012.”  

Sanibel & Captiva MLS Activity December 30-January 6

Sanibel
CONDOS
6 new listings: Colonnades #55 1/1 $169K, Captains Walk #D3 1/1 $169.8K, Coquina Beach #1D 2/2 $399K, Sand Pointe #212 2/2 $659K, Oceans Reach #1C1 2/2 $775K, Cyprina Beach #1 2/2.5 $1.395M.
9 price changes: Lake Palms #9 2/2.5 now $245K (short sale), Coquina Beach #5A 2/2  now $304K, Seashells #20 2/2 now $349K (our listing), Lighthouse Point #217 3/2 now $389K, Sanibel Arms West #M2 2/2 now $395.9K, Kings Crown #211 3/2 now $599K, Kings Crown #104 2/2 now $629K, Sanddollar #B104 2/2 now $975K, Snug Harbor #113 2/2 now $1.02M.
4 new sales: Seashells #29 2/2 listed for $324.9K, Spanish Cay #D6 2/2 listed for $329K, Clam Shell #C 2/2 listed for $749K, Pine Cove #303 2/2 listed for $970K.
2 closed sales: Sundial #C208 1/1 $240K, Tarpon Beach #110 2/2 $590K.
 
HOMES
7 new listings: 761 Nerita St 3/2 $490K, 210 Daniel Dr 3/3 $549K (our listing), 244 Christofer Ct 3/2 $599.9K, 9319 Kincaid Ct 3/2 $629K, 1390 Middle Gulf Dr 3/3 half-duplex $629K, 542 N Yachtsman Dr 2/2 $799K (our listing), 3746 West GUlf Dr 4/4.5 $1.249M.
11 price changes: 555 Chert Ct 3/2 now $399K, 1001 East Gulf Dr 2/2 now $399K, 458 Lake Murex Cir 3/2 now $439K, 3229 Twin Lakes Ln 2/2 now $479K, 450 Sea Walk Ct 4/3 now $624.9K, 4210 Old Banyan 3/2 now $637.5K, 1360 Eagle Run Dr 5/3.5 now $920K (short sale), 1765 Venus Dr 3/3 now $1.224M, 4809 Tradewinds Dr 3/3.5 now $1.69M, 1520 Angel Dr 4/3/2 now $1.85M, 780 Birdie View Pt 5/4.5 now $1,999,999.
7 new sales: 1585 Serenity Ln 3/2 listed for $419K, 3822 Coquina Dr 3/2 listed for $449K, 761 Nerita St 3/2 listed for $490K, 280 Southwinds Dr 3/3.5 listed for $530K, 1345 Junonia St 2/2 listed for $565K, 733 Durion Ct 3/2 listed for $577K, 1351 Middle Gulf Dr 3/3 listed for $675K.
3 closed sales: 1326 Seaspray Ln 4/4.5 $1.1M, 909 Snowberry Ln 3/3 $1.8M, 4449 Waters Edge Ln 3/3 $3.55M.
 
LOTS
No new listings.
1 price change: 5723 Baltusrol Ct now $349K.
2 new sales: 1912 Ibis Ln listed for $249K, 3935 West Gulf Dr listed for $2.45M.
1 closed sale: 946 Fitzhugh St $100K (short sale).
 
Captiva
CONDOS
No new listings.
2 price changes: Captiva Hide-A-Way #1D 2/2 now $600K, Sunset Beach Villas #2224 2/2 now $635K.
No new or closed sales.
 
HOMES
1 new listing: 1119 Schefflera Ct 4/3.5 $5M.
1 price change: 11522 Andy Rosse Ln 4/4.5 now $2.275M.
No new sales.
1 closed sale: 16 Urchin Ct 2/2 $660K.
 
LOTS
Nothing to report.
 

This representation is based in whole or in part on data supplied by the Sanibel & Captiva Islands Association of Realtors or its Multiple Listing Service. Neither the association nor its MLS guarantees or is in any way responsible for its accuracy. Data maintained by the association or its MLS may not reflect all real estate activity in the market. The information provided represents the general real estate activity in the community and does not imply that SanibelSusan Realty Associates is participating or participated in these transactions. If your property currently is listed with another broker, this is not intended as a solicitation of that listing.

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