For sale

Price cut: $100K (3/24)

$995,000

647 Rabbit RD, SANIBEL, FL 33957

3beds

1,376sqft

Est.:

Single Family Residence

Built in 1984

0.33 Acres Lot

$-- Zestimate^®

$723/sqft

$-- HOA

What's special

Elevated homeNew lightingDeeded beach accessCustom poolNew heated poolScreened in lanai area

With a New LOWER Price!! Your dream home on Sanibel Island awaits! Virtually untouched by all hurricanes including Ian, this elevated home is a rare gem, with a new pool. With 3 Bedrooms, 2 Bathrooms and a deeded Beach Access, the possibilities are endless. In the last year sellers have added a custom pool and screened in lanai area, perfect to taking in the breathtaking views of the stunning sunsets and Sanibel River. This home has a NEW Heated POOL, New A/C Unit, new lighting, sodded yard with new palm trees, freshly painted exterior of the home 2024, and All NEW Bedroom sets in home. Not to mention, this home has been a rental income producing machine. Called the Salty Rabbit on Sanibel Island. Don't miss your chance to enjoy this home as a second home and/or a possible rental income property for you!

331 days

648

20

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Rooms

Room types: Screened Lanai/Porch, 3 Bed

Dining room

Features: Dining - Living

Heating

Central

Cooling

Ceiling Fan(s), Central Air

Appliances

Included: Electric Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
Laundry: Inside

Features

Exclusions, Pantry, Smoke Detectors, Vaulted Ceiling(s), Window Coverings, Laundry in Residence, Screened Lanai/Porch
Flooring: Parquet, Tile, Wood
Doors: Impact Resistant Doors
Windows: Window Coverings, Impact Resistant Windows
Has fireplace: No

Interior area

Total structure area: 2,000
Total interior livable area: 1,376 sqft

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 2
Parking features: Under Bldg Closed, Attached
Attached garage spaces: 2

Features

Stories: 1
Patio & porch: Patio, Screened Lanai/Porch
Has private pool: Yes
Pool features: In Ground
Has view: Yes
View description: Lake
Has water view: Yes
Water view: Lake
Waterfront features: Lake
Frontage type: Lakefront

Lot

Size: 0.33 Acres
Features: Regular

Details

Parcel number: 284622T200600.0070

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Frame, Wood Siding
Foundation: Pillar/Post/Pier
Roof: Metal

Condition

New construction: No
Year built: 1984

Utilities & green energy

Water: Central

Community & HOA

Community

Features: Non-Gated
Security: Smoke Detector(s)
Subdivision: SANIBEL RIVER

HOA

Has HOA: No
Amenities included: Beach Access

Location

Region: Sanibel

Financial & listing details

Price per square foot: $723/sqft
Tax assessed value: $631,987
Annual tax amount: $9,204
Date on market: 5/19/2025
Lease term: Buyer Finance/Cash
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

$3,014/mo

Price history

Date	Event	Price
3/24/2026	Price change	$995,000-9.1%$723/sqft
Source: SWFLMLS #225048199 Report a problem
7/23/2025	Price change	$1,095,000-8.8%$796/sqft
Source: SWFLMLS #225048199 Report a problem
5/19/2025	Listed for sale	$1,200,000+66.7%$872/sqft
Source: SWFLMLS #225048199 Report a problem
4/26/2023	Sold	$720,000-0.7%$523/sqft
Source: Sanibel And Captiva Island AOR #2230454 Report a problem
4/7/2023	Pending sale	$725,000$527/sqft
Source: Florida Gulf Coast MLS #223025737 Report a problem
4/4/2023	Listed for sale	$725,000-9.3%$527/sqft
Source: Sanibel And Captiva Island AOR #2230454 Report a problem
6/20/2022	Listing removed	--
Source: Florida Gulf Coast MLS #222042312 Report a problem
6/13/2022	Price change	$799,000-2.4%$581/sqft
Source: Florida Gulf Coast MLS #222042312 Report a problem
6/3/2022	Listed for sale	$819,000+17.2%$595/sqft
Source: Sanibel And Captiva Island AOR #2220426 Report a problem
11/1/2021	Listing removed	$699,000$508/sqft
Source: Sanibel And Captiva Island AOR #2210786 Report a problem
10/16/2021	Pending sale	$699,000$508/sqft
Source: Sanibel And Captiva Island AOR #2210786 Report a problem
10/15/2021	Listed for sale	$699,000$508/sqft
Source: Sanibel And Captiva Island AOR #2210786 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$9,466 +2.8%	$631,987 +3.1%
2024	$9,204 -20.8%	$613,031 -16.1%
2023	$11,623 +23%	$730,447 +10%
2022	$9,448 +40.6%	$664,043 +48.5%
2021	$6,719 +3.4%	$447,159 +4.7%
2020	$6,498 -2.7%	$427,173 -2.4%
2019	$6,680	$437,665 -1.1%
2018	$6,680 -2.9%	$442,519 -2.3%
2017	$6,881 -3.7%	$453,006 +11%
2016	$7,148 +8.2%	$408,010 +1%
2015	$6,606 +88%	$404,004 +2.7%
2014	$3,515 -11.1%	$393,492 +15.7%
2013	$3,952 +1.7%	$340,199 -1.7%
2012	$3,885 +1.3%	$346,224 +13.4%
2011	$3,836 -0.9%	$305,335 -0.5%
2010	$3,869 +14.7%	$306,961 -6.7%
2009	$3,374 +1.3%	$329,130 -12%
2007	$3,330 -2.2%	$374,100 +21%
2006	$3,406 -4.1%	$309,260 +6.2%
2004	$3,553 +1.4%	$291,160 +2.2%
2003	$3,503 +0.6%	$284,800 +15.5%
2002	$3,481	$246,480 +25.7%
2000	--	$196,020