$7.9-Million Sale of Coastal Compound Marks a New High for Captiva and Sanibel Islands
by Grace Cassidy
July 2025
An incredible gated compound, located on an acre of waterfront land along Captiva Island’s Gold Coast, has sold for $7.9 million, making it the highest priced sale to-date on both Captiva and Sanibel Islands.
Initially listed for $9.5 million on February 4, the property at 16486/488 Captiva Drive went into contract on April 17 (after a price change) and closed on June 3.
Brittany Skotak, an agent based out of Douglas Elliman’s Naples office, represented the seller.
Boasting exclusive, direct access to pristine sugar sand beaches along the Gulf, the property features a six-bedroom, six-and-a-half-bathroom main house that includes a great room with double-height coffered ceilings and a gas fireplace, as well as a gourmet kitchen. The luxurious primary suite includes a morning bar, generous walk-in closets, dual bathrooms with dual showers, and two vanities.
The charming guest cottage has two en-suite bathrooms, a full kitchen, comfortable living room, and a private covered terrace.
The outdoor space includes a screened-in lanai, stone veranda, heated saltwater pool, and spa. Additional features include six laundry rooms, two garages, a workshop, and plenty of storage space.