Beachfront estate sells for $17.15 million, setting county MLS record
Premier Sotheby’s International Realty brokers represented the buyer and seller.
Business Observer Staff
| 6:22 p.m. April 27, 2021
SANIBEL/CAPTIVA — A Sanibel and Captiva Islands beachfront estate has sold for $17.15 million, setting a record for the highest-priced residential sale ever in the Lee County MLS.
Premier Sotheby’s International Realty sales associates Jeff Burns, with The Burns Family Team, and Michael Lawler represented the seller. Maxwell Thompson, also with Premier Sotheby’s, represented the buyer. After only a short marketing period by Burns and Michael the property had multiple offers — all brought by Premier Sotheby’s International Realty sales agents, according to a statement. It sold for more than the asking price, the release adds.
The 16660 Captiva Drive estate had most recently been owned by William P Moore, according to Lee County property records. An entity under the name William P. Moore III Trust, of Overland, Kansas, bought the home in January 2016 for $16.3 million, property records show. No information was available in public records on the new buyer.
The Caribbean-style manor home is situated on more than two acres and boasts more than 200 feet of Gulf frontage, the release states. It also has views of the Gulf from nearly every room and includes two family rooms, a study, master suite with spa retreat, spacious media and fitness rooms, two-story guest house with two fully-equipped guest suites and freestanding garage with two bays (in addition to the main house parking bays), gazebo, koi pond and a saltwater pool and spa surrounded by a multilevel, coquina-stone lanai.
“Our family team along with our Premier Sotheby’s International Realty colleagues were proud to unite the buyer and seller of this jaw-dropping beachfront estate,” Burns says in the release. “A true oasis of luxury, the lushly landscaped grounds and soothing sounds of waves epitomize the serenity of island life. The record sale price indicates that there is a significant demand for high-end homes in this market and we are proud to be leading the charge in attracting buyers to these stunning island properties.”
Naples-based Premier Sotheby’s International Realty has some 1,400 associates and employees in 40 locations throughout Florida and North Carolina.