David Ramirez
$189,000$239,000$1,598 /mo all-in ↓

491 MARIAN ROAD, SANIBEL, FL, 33957

Active125 days on marketListed Apr 1, 2026MLS #GC539040

Priced 64% below the SANIBEL 33957 medianReduced $50K

About this home

491 MARIAN ROAD

Beautiful oversized 0.375-acre homesite on prestigious Sanibel Island, offering a rare opportunity to create a refined coastal residence in the desirable Sanibel Highlands. Ideally located just a short stroll from Algiers Beach, one of Sanibel’s cherished shelling beaches, this exceptional property combines privacy, flexibility, and long-term value in one of Southwest Florida’s most sought-after island settings. Tucked away for a more exclusive feel, yet moments from Sanibel’s renowned beaches, dining, boutiques, and water activities, this lot is perfectly suited for buyers seeking a luxurious island retreat or investors looking to secure a premium homesite in a highly desirable location. With no HOA and no deed restrictions, the property offers unusual freedom to design and build to current code, tailored to today’s standards and tomorrow’s expectations. Envision a custom beach home with pool, lush tropical landscaping, and elegant indoor-outdoor living — all just steps from sun, surf, and world-famous shelling. A rare Sanibel offering with exceptional lifestyle appeal and strong investment potential.

Facts & features

The home at a glance

0.38 ac

Lot size

Garden & Trees/Woods view

Inside

Outside & construction

ViewGarden · Trees/Woods

Community & fees

Taxes (2025)$2,900/yr

Utilities & systems

UtilitiesOther
WaterNone

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.

$1,598 /mo · 3.5% down FHA, 30-yr fixed at 6%

Principal & interest$1,113
FHA mortgage insurance (est.)$84
Property tax — 2025 actual bill$242
Insurance (FL estimate)$160

The assumptions

Loan typeFHADown payment3.5% · $6,615Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type
Down payment3.5% · $6,615
Interest rate6.00%
Loan term

Estimated payment

$1,598/mo

Principal & interest$1,113
FHA mortgage insurance (est.)$84
Property taxes (actual bill)$242
Est. insurance$160

Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Where it sits

Inside Sanibel Highlands

Map of 491 MARIAN ROAD inside its neighborhood boundary

Get to know Sanibel. See the full Sanibel guide →

Sanibel Highlands — neighborhood snapshot

Population

308

Median age

61

Median income

$42,108

Median home value

$466,700

Avg household

1

Households w/ children

4%

For the school run

Lee County School District

ElementaryThe Sanibel School★★★★★
HighCypress Lake High School★★★★★
HighSouth Fort Myers High School★★★★
HighFort Myers High School★★★★★
HighBonita Springs High School★★★★★
HighDunbar High School★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Sanibel market

Seller’s marketLeans buyer9.0 months of inventoryBuyer’s market

$855K$425K

Sanibel median sold, yr/yr

95.3%

Sale-to-list ratio (12 mo)

Median sold price, Sanibel, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 64% below the SANIBEL 33957 median. See the full Sanibel market guide →

Paper trail

This home's history

CurrentPrice reduced to $189,000 $50K
Apr 1, 2026Listed at $239,000 · 125 days on market since

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

David Ramirez

Your agent

David Ramirez

Real Estate Agent · CENTURY 21 Edge

Tours, negotiation, and every question about 491 MARIAN ROAD — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 491 MARIAN ROAD — before you fall in love.

See it in person

Schedule a tour

Pick a day that works — this goes straight to David's phone and CRM.

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Goes straight to David’s phone and CRM.

Straight answers

491 MARIAN ROAD FAQs

What would the monthly payment be for 491 MARIAN ROAD?+

With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,598/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

What are the property taxes on 491 MARIAN ROAD?+

The most recent tax bill on record (2025) was $2,900. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

How does the price compare to other homes in Sanibel?+

At $189,000, this home is listed about 86% below the Sanibel median of $1,390,000. The market section on this page shows how the area is trending.

Which schools are assigned to 491 MARIAN ROAD?+

The Sanibel School (elementary), Cypress Lake High School (high), South Fort Myers High School (high), Fort Myers High School (high), Bonita Springs High School (high), Dunbar High School (high) — Lee County School District. Always verify school assignments with the district before relying on them.

The brief

Five things that matter here

01Under the SANIBEL 33957 market on paper

$189,000 is 64% below the SANIBEL 33957 median of $530,000.

02Garden & Trees/Woods views

The garden and trees/woods view is part of what you're buying — views hold value independently of the structure.

03Time on market is leverage

125 days on market against a Sanibel median of 19 — sellers in this position are usually ready to negotiate.

04Strong assigned schools

The Sanibel School, Cypress Lake High School, South Fort Myers High School, Fort Myers High School, Bonita Springs High School, Dunbar High School — The Sanibel School rates 5 of 5. Always verify assignments with the district.

05The price has already moved

Listed at $239,000, now $189,000 — a $50K cut. The full history is in the market section below.

Listing courtesy of FLORIDA HOMES REALTY & MORTGAGE GVILLE · Alena Knoepfler. MLS #GC539040.

IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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