1238 Isabel Dr., Sanibel, FL 33957

Opportunities like this are few and far between. This bayfront home on Sanibel's east end is now bank owned and listed almost one million dollars below the former list price several months ago and OVER one million dollars below the last sales price! From this five bedroom home enjoy spectacular and panoramic views of the bay and mangrove islands beyond as well as the convenience of your own boat dock in the protected basin. This home features a magnificent floor plan that offers soaring ceilings in the great room, multiple fireplaces, a huge kitchen and separate butler's pantry, a theater/media room, private elevator, three car garage, wet bar in the master bedroom, and stunning views of San Carlos Bay from almost every room. Owners can slide their kayaks and paddleboards into the bay from their own private beach, walk down and launch their boat for a day of fishing or island hopping, and enjoy all the pleasures of waterfront living on beautiful Sanibel Island.