5297 Punta Caloosa Court $850,000

One of the hidden gems on Sanibel is Caloosa Shores, a residential community encircled by tidal bays and thousands of acres of wildlife sanctuary lands, a heaven on earth for anyone who appreciates the type of tranquility you can only find living among nature. If the best parcels on the island were developed first, it speaks to how special this location is in terms of the unspoiled natural beauty of the land around you and the deep water, direct access boating right outside your door. The original CBS, slab-on-grade structure was mitigated and deep cleaned, preserving the durable, undamaged construction materials for reuse if desired. Priced at land value, this property offers a multitude of options such as restoring as is, elevating or building new. If a buyer is interested in lifting the home, we have estimates to elevate the home 5 feet approximately $145,000, build the infrastructure for the elevated home such as utilities, concrete block piles and stairs approximately $150,000, and to restore the interior. We also have estimates for demolition and construction of a new luxury modular home, and we are working on estimates for installation of floodproof gates. Boating amenities include a kayak launch, boat dock with composite decking and boat lift on a saltwater gulf access canal. Dock and lift added by Stokes Marine in 2021. Built in 2021 by Coastal Custom Pools, the expansive pool surrounded by natural stone pavers runs the length of the house, flanked on one end by an elevated spillover spa. After adding a new roof in 2020, the home was equipped with high-quality solar panels with capacity to provide more than enough electrical power for the home. If desired battery storage packs can be added taking the home completely off the grid or acting as a backup generator in event of an emergency. Please note there was a $33,520 special assessment for the Caloosa Shores bridge construction, buyer to assume remaining $16k+/-.

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