497 Lake Murex CIR, Sanibel, FL 33957
- $1,050,000
- 4
- BD
- 3
- BA
- 2,140
- SqFt
- List Price
- $1,050,000
- Listing Price
- $1,050,000
- MLS#
- 224077521
- Status
- ACTIVE
- Bedrooms
- 4
- Beds + Den
- 4 Bed
- Bathrooms
- 3
- Living Sq. Ft
- 2,140
- Property Class
- Single Family Residential
- Building Design
- Ranch, Single Family Residence
- Status Type
- Known Damage
- County
- Lee
- Region
- SI01 - Sanibel Island
- Development
- Lake Murex
- Subdivision
- Lake Murex
- Potential Short Sale
- Yes
Property Description
This spacious 4-bedroom, 3-bathroom home sits on an oversized lot and is your chance to create the perfect island retreat. Renovations are 71% complete, according to the City of Sanibel. House was gutted and reconfigured with a modern open floor plan, soaring ceilings, and large grey tile flooring throughout. The kitchen features custom cabinets from a designer showroom in Naples and are in place, but not completely installed, large, remodeled bathrooms give a spa like feeling, and needs to be completed (fixtures, shower doors, counter tops installed in guest bathroom, and vanity with countertop installed in guest suite). This home was purchased by some investors after Hurricane Ian and have found themselves short on funds to complete the project. Roof was damaged from the storm. Current owners started the process, removed the old roof, and got it dried in, but new owners will need to finish the project. Trim work inside needs to be finishes, along with hanging closet doors, etc. Front porch staircase needs to be redone, deck railings and stairs off the back deck need to be added for safety. House also needs some soffit, siding, and gutter repairs. Pool deck needs some finishing touches, along with all new equipment. There are various other projects that need to be completed; however, a lot of the materials are on-site. Enjoy sunset views over Lake Murex from the deck, take a short walk to the beach, or relax in the pool. The elevated home offers plenty of garage space for cars, toys, and more. Sold AS/IS with the right to inspect— Power is not on. Seize this opportunity to add the finishing touches and turn this home into a showstopper!
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Additional Information
- Year Built
- 1981
- Garage Spaces
- 2
- furnished
- Unfurnished
- Pets
- Yes
- Amenities
- Pickleball, Tennis Court(s)
- Community Type
- Non-Gated
- View
- Lake
- Boat Access
- None
- Waterfront Description
- Lake
- Pool
- Yes
- Building Description
- 1 Story/Ranch
- Acres
- 0.57
- Restrictions
- Deeded
- Rear Exposure
- E
- Roof
- Metal
- Flooring
- Tile
- Exterior Features
- Screened Lanai/Porch, Outdoor Shower
- Water
- Central
- Cooling
- Ceiling Fan(s), None
- Interior Features
- Fireplace, Vaulted Ceiling(s), Walk-In Closet(s)
- Equipment/Appliances Included
- None
- Rooms
- Laundry in Residence, Screened Lanai/Porch
- Tax Year
- 2023
- Total Annual Recurring Fees
- $75
- HOA Fee
- $75
Mortgage Calculator
Courtesy of Pfeifer Realty Group LLC.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program (BR Program) of M.L.S. of Naples, Inc. Properties listed with brokerage firms other than this company are marked with the BR Program Icon or the BR House Icon and detailed information about them includes the name of the listing brokers. The properties displayed may not be all the properties available through the BR Program. The information provided is for consumers’ personal, non-commercial use and may not be used for any other purpose.