Coves Edge is an elevated luxury retreat on coveted Useppa Island in the aquatic preserve of Pine Island Sound. Sitting well above the flood zone, this updated 5BR/5+2 BA home offers long water views, lush privacy, and exceptional amenities. Enjoy 97’ of waterfront with sand beach and riparian rights, plus a private dock with two lifts and additional space for a larger boat. A 40’ lap pool with expansive decking overlooks the Sound, surrounded by mature landscaping on one of the highest elevation points in Lee County. Interiors blend contemporary updates with Old Florida charm. Light-filled principal rooms capture stunning views throughout. The main-floor primary suite includes views of the Sound, an ensuite, walk-in closet and a private staircase to two offices/studios and multiple furnished outdoor retreats. Spacious water view kitchen with Sub-Zero fridge, double ovens, and new custom cabinets and stone countertops. Upper level offers two king guest suites with soaring ceilings, dedicated baths, and access to a 670 SF Sound-view deck and a 225 SF front deck overlooking the Useppa Palm Garden. Lower level includes a queen suite and a 4-twin bunk room for guests. Whole-home generator, hurricane protection, new AC equipment with a dedicated mechanical room and a separate golf cart garage and workshop. Offered turnkey with golf cart and most furnishings. Perfect for seasonal or full-time island living with excellent rental opportunities. Located on the southern end of the island, along the historic Pink Path and overlooking the Sound, you can keep an eye on your boat at the dock just behind the house. Coves Edge cottage is in the boating community of Useppa Island. The 110-acre Sanctuary is a private community and members-only club. With no need for gates or walls, it is surrounded by water, in the pristine Pine Island Sound and Charlotte Harbor aquatic preserves. Geographically it is in the same chain of barrier islands as Sanibel-Captiva, visible to the south, although one island east of the Gulf of America. Accessible only by boat (or aircraft), the commute to the mainland is in a special class of its own. Just a 15-minute joyful boat ride will deliver you to Boca Grande or Pine Island, and thence to all “civilized” conveniences of the mainland. The commute is special in a way that you will never tire of it. Just think-you are not stuck in traffic, or waiting for a light to change, fretting over the packed roads ahead. You are just watching the dolphins play and the birds dive, waving to passing boats with smiling passengers. Yes, not like the mainland! You might be sitting next to one of your Useppa neighbors, who has all their goods delivered to the Shore Port, where the staff will transport them to the island, and her home. Who said it is inconvenient when you don’t have roads? And this beautiful home will let you join the ranks of the smart and lucky who have already landed on Useppa as a lifestyle choice.
For sale
$3,575,000
218 Useppa Is, Captiva, FL 33924
5beds
5,000sqft
Est.:
Single Family Residence
Built in 1989
0.37 Acres Lot
$3,342,000 Zestimate®
$715/sqft
$2,127/mo HOA
What's special
Lush privacyElevated luxury retreatLong water viewsWalk-in closetMultiple furnished outdoor retreats
- 9 days |
- 181 |
- 5 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: March 26, 2026 at 03:59am
Listing Provided by:
Brian McColgan 239-410-7850,
UIP PROPERTY COMPANY LLC 239-410-7850
Source: Stellar MLS,MLS#: C7523756
Originating MLS: Port Charlotte

Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 7
- Full bathrooms: 5
- 1/2 bathrooms: 2
Rooms
- Room types: Bonus Room, Den/Library/Office, Florida Room, Great Room, Media Room
Primary bedroom
- Features: Multiple Shower Heads, Walk-In Closet(s)
- Level: Second
- Area: 270 Square Feet
- Dimensions: 15x18
Bedroom 2
- Features: Tub With Shower, Built-in Closet
- Level: Third
- Area: 165 Square Feet
- Dimensions: 15x11
Bedroom 3
- Features: Tub With Shower, Built-in Closet
- Level: Third
- Area: 247 Square Feet
- Dimensions: 13x19
Bedroom 4
- Features: En Suite Bathroom, Built-in Closet
- Level: First
- Area: 143 Square Feet
- Dimensions: 13x11
Bedroom 5
- Features: Ceiling Fan(s), Built-in Closet
- Level: First
Great room
- Features: Ceiling Fan(s), Coat Closet
- Level: Second
- Area: 560 Square Feet
- Dimensions: 20x28
Kitchen
- Features: Granite Counters
- Level: Second
- Area: 221 Square Feet
- Dimensions: 13x17
Office
- Features: En Suite Bathroom, Built-in Closet
- Level: Third
- Area: 165 Square Feet
- Dimensions: 11x15
Workshop
- Features: Built-in Closet
- Level: First
- Area: 270 Square Feet
- Dimensions: 15x18
Heating
- Central, Electric, Zoned
Cooling
- Central Air, Zoned
Appliances
- Included: Bar Fridge, Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Microwave, Range Hood, Refrigerator, Washer, Water Purifier
- Laundry: Inside, Laundry Room
Features
- Ceiling Fan(s), Eating Space In Kitchen, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Stone Counters, Thermostat, Walk-In Closet(s)
- Flooring: Ceramic Tile, Engineered Hardwood, Laminate
- Doors: Sliding Doors
- Windows: Blinds, Double Pane Windows, Insulated Windows, Window Treatments, Hurricane Shutters
- Has fireplace: Yes
- Fireplace features: Gas
Interior area
- Total structure area: 6,200
- Total interior livable area: 5,000 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Covered, Golf Cart Garage, Golf Cart Parking, Ground Level, Guest
- Attached garage spaces: 2
- Details: Garage Dimensions: 15x20
Features
- Levels: Three Or More
- Stories: 3
- Patio & porch: Deck, Enclosed, Porch, Rear Porch
- Exterior features: Balcony, Irrigation System, Private Yard
- Has private pool: Yes
- Pool features: Above Ground, Auto Cleaner, Child Safety Fence, Deck, Fiberglass, Heated
- Has view: Yes
- View description: Water, Bay/Harbor - Full
- Has water view: Yes
- Water view: Water,Bay/Harbor - Full
- Waterfront features: Bay/Harbor Front, Waterfront, Bay/Harbor, Bay/Harbor Access, Lift
- Body of water: PINE ISLAND SOUND
Lot
- Size: 0.37 Acres
- Features: Historic District, In County, Oversized Lot, Private, Sidewalk, Sloped, Unincorporated
- Residential vegetation: Mature Landscaping
Details
- Parcel number: 0944210100002.0180
- Zoning: RM-2
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Key West
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: Concrete Perimeter
- Roof: Metal
Condition
- Completed
- New construction: No
- Year built: 1989
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Electricity Connected, Phone Available, Private, Propane, Sewer Connected, Street Lights, Underground Utilities, Water Connected
Community & HOA
Community
- Features: Bay/Harbor Front, Marina, Water Access, Waterfront, Association Recreation - Owned, Buyer Approval Required, Clubhouse, Community Mailbox, Deed Restrictions, Fitness Center, Golf Carts OK, No Truck/RV/Motorcycle Parking, Pool, Restaurant, Sidewalks, Tennis Court(s)
- Security: Fire Sprinkler System, Smoke Detector(s)
- Pet fee: $0 monthly
- Subdivision: USEPPA ISLAND PH II
HOA
- Has HOA: Yes
- Amenities included: Clubhouse, Fence Restrictions, Fitness Center, Pool, Recreation Facilities, Spa/Hot Tub, Tennis Court(s), Vehicle Restrictions
- Services included: Community Pool, Manager, Private Road, Recreational Facilities, Trash
- HOA fee: $2,127 monthly
- HOA name: Oscar
- HOA phone: 239-283-1061
- Second HOA name: Useppa Island Partners LLC
- Second HOA phone: 239-283-1061
Location
- Region: Captiva
Financial & listing details
- Price per square foot: $715/sqft
- Annual tax amount: $6,055
- Date on market: 3/25/2026
- Cumulative days on market: 10 days
- Listing terms: Cash
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Gravel
Estimated market value
$3,342,000
$3.17M - $3.51M
$5,446/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/25/2026 | Listed for sale | $3,575,000+110.3%$715/sqft |
Source: | ||
| 4/3/2019 | Listing removed | $1,700,000$340/sqft |
Source: Michael Saunders & Company - Licensed Real Estate Broker #D6101382 Report a problem | ||
| 7/12/2018 | Listed for sale | $1,700,000$340/sqft |
Source: Michael Saunders & Company - Licensed Real Estate Broker #D6101382 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$24,066/mo
Principal & interest
$17768
Property taxes
$4171
HOA Fees
$2127
More affordability tools
Climate risks
Neighborhood: Useppa Island
Nearby schools
GreatSchools rating
- 9/10The Sanibel SchoolGrades: PK-8Distance: 15.9 mi
- 3/10Mariner High SchoolGrades: 9-12Distance: 12.9 mi
- 3/10Ida S. Baker High SchoolGrades: 9-12Distance: 13.2 mi
Local experts in 33924
- Florida
- Lee County
- Bokeelia
- 33924
- Useppa Island
- 218 Useppa Is








