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Welcome to Mermaid Cottage, a charming elevated 3BR/2BA pool home in Sanibel’s Gumbo Limbo neighborhood. This is the best-priced elevated pool home currently on the market in Gumbo Limbo, offering exceptional value in a family-friendly community - a rare opportunity to own a Sanibel home well below the island’s median price.
Surrounded by lush native landscaping on over 1/2-acre, this beach retreat features light-filled living spaces, a spacious enclosed Florida room, relaxing porch areas, and a sparkling pool with patio area—ideal for laid-back island living or entertaining. This well-maintained property offers a perfect blend of island charm and modern comfort, ideal as a full-time residence, vacation getaway, or investment opportunity. Most recent updates include a new A/C system and new pool equipment in 2023. The roof was replaced in 2018, water heater in 2017. The current flood insurance policy is transferable.
Gumbo Limbo is a serene enclave of island-style homes and lakes. Zoned for The Sanibel School, a top-rated K–8 public school. Just a short drive or bike ride to world-renowned beaches, nature preserves, local shops, and dining, Mermaid Cottage invites you to slow down, breathe deeply, and live the Sanibel dream!
Property Details
Price: $649,000
Sq Ft: 1,760
($369 per sqft)
Bedrooms: 3
Bathrooms: 2
City: Sanibel
County: Lee
Type: Single Family
Development: Gumbo Limbo
Acres: 0.59
Virtual Tour/Floorplan:
View
Year Built: 1985
Listing Number: 225058805
Status Code: Pending
Taxes: $6,829.65
Tax Year: 2024
Garage:
3
/
Attached
Furnishings: Unfurnished
Pets Allowed: Yes
Interior Features:
Built-In Cabinets
Pantry
Smoke Detectors
Walk-In Closet(s)
Amenities:
None
Financial Information:
Taxes: $6,829.65
Tax Year: 2024
Association Fee: $275.00
Association Fee Frequency: Annually
Exterior Features:
Glass Porch
Open Porch/Lanai
Outdoor Shower
Equipment:
Dishwasher
Disposal
Dryer
Microwave
Range
Refrigerator/Icemaker
Smoke Detector
Washer
View:
Preserve
School Information:
Elementary School: The Sanibel School/School Choice
Middle School: The Sanibel School/School Choice
Junior High: The Sanibel School/School Choice
High School: School Choice
Additional Information:
Building Design: Single Family
Community Type: Non-Gated
MLS Area: Si01 - Sanibel Island
Price per Square Feet: $368.75
Total Floors: 1
Water: Central
Construction: Wood Frame, Wood Siding
Foreclosure: No
Short Sale: No
Date Listed: 2025-06-27 00:00:00
Pool: Yes
Pool Type: Below Ground, Concrete, Equipment Stays
Pool Description: Below Ground, Concrete, Equipment Stays
Private Spa: No
Furnished: Unfurnished
Kitchen Description: Walk-In Pantry
Parking: Driveway Unpaved, Under Bldg Open, Attached
Garage Description: Attached
Garage Spaces: 3
Flooring: Laminate, Tile
Roof: Shingle
Heating: Central Electric
Cooling: Ceiling Fan(S), Central Electric
Fireplace: No
Storm Protection: None
Security: Smoke Detector(S)
Laundry: Laundry In Residence
Irrigation: None
55+ Community: No
Pets: Yes
Restrictions: None
Maintenance: None
Rear Exposure: S
Lot Desc.: Regular
Amenities: None
Map of 1674 Bunting Ln, Sanibel, FL 33957
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Listing Courtesy Of: Vip Realty Group Inc
paulrose@viprealty.com