Betts Sanibel Homes for Sale

Create Your Vision—Build New or Restore Old Florida Charm on Sanibel Island This remarkable 0.61-acre waterfront estate offers a truly rare opportunity on Sanibel Island—craft your custom dream home among neighboring residences valued in the mid–low $3 millions, or embrace the timeless allure of Old Florida living with two existing cottages ready to be beautifully revived. The main cottage features 3 bedrooms and 2 baths, while the separate guest cottage offers a private 1-bedroom, 1-bath retreat—ideal for visitors, extended family, or rental potential. Perfectly positioned on one of the island’s most coveted stretches of water, the property boasts direct deepwater Gulf access with no bridges, along with over 100 feet of water frontage and sought-after western exposure, delivering nightly sunsets over sparkling Dinkins Bayou. The sweeping, big-water views create an unforgettable backdrop for any vision. For boating enthusiasts, the property is a standout—equipped with a substantial dock, an impressive 10,000-pound lift, and ample space for multiple vessels. You're just five minutes by boat to the Intracoastal Waterway, opening endless opportunities for fishing, island hopping, and coastal exploration. Whether you’re dreaming of a sophisticated new waterfront estate or restoring the classic charm of the existing cottages, this property offers unmatched potential in one of Sanibel Island’s most private and premier locations. A rare offering—claim your piece of paradise.

Oleg Mikhailov

Area Specialist, REALTOR®
Broker Associate
GRI - Graduate Realtor Institute

Luxury of Naples Group at Premiere Plus Realty

Phone: (239) 280-1237

Website: https://www.realtyofnaples.com

Bio: 

Oleg Mikhailov has been a Naples resident since 1999 and is deeply familiar with the neighborhoods of Naples, Bonita Springs, and Marco Island. His extensive local knowledge allows him to expertly assist you in finding the perfect home for your family’s unique needs. With Oleg as your Real Estate Broker, you can trust that his dedication and expertise will make your experience seamless and enjoyable.

In addition to his real estate career, Oleg is an experienced engineer. This technical expertise enhances his ability to evaluate properties, providing valuable insights into a home’s structure and potential. His engineering background, combined with his work as a financial consultant for global real estate projects and business development programs, equips him with a rare skill set that ensures you’re getting the best advice and support in every transaction.

Outside of his professional career, Oleg was part of a professional auto racing team and has earned several international sports awards. His racing experience has honed his attention to detail and focus, qualities that translate directly to his work in real estate. His stress-free approach, paired with his guiding principle—a happy client is the most important thing—ensures that you’ll have a positive and rewarding experience.

Whether you’re buying or selling, Oleg Mikhailov is committed to making your real estate journey smooth, successful, and satisfying.

CONTACT / REQUEST APPOINTMENT:

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This property is courtesy of Keller Williams Realty Fort Myers.

*Just Listed: new properties that came on the market within the last 30 days.
*Decrease/Increase: listing values that are being recorded within the last 30 days.
*Foreclosures/Short Sale: Please note, all properties are subject to bank approval. Buyers must be pre-approved or show proof of funds before submitting an offer.

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