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Listings courtesy of UIP PROPERTY COMPANY LLC as distributed by MLS GRID.

Active - House for sale

218 USEPPA ISLAND, Captiva, FL

5 bds|5 bth|5,000 sqft

Facts & features

House Property type
161 days on Beycome
1989 Year built
$630 Price/Sqft.
2 car garage Parking
$505/mo HOA
16,117 sqft Lot size

Why you’ll love it

  • Waterfront
  • Water view
  • Pool
  • Garage
  • Walk-in closet

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.

Translating description...

Listed by: Brian Mccolgan • Brianmc@useppa.com • UIP PROPERTY COMPANY LLC

Co-listed by: UIP PROPERTY COMPANY LLC

Source: Stellar MLS as distributed by MLS GRID, MLS#: C7523756 Stellar MLS as distributed by MLS GRID logo

Based on information as of Jun 01, 2026 at 02:21pm EDT.

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Affordability

$2,050,000$4,255,000
1%20%
0%90%
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Estimated monthly payment

$16,938/mo

  • Mortgage$15,928
  • Property tax$505
  • HOA fee
  • Homeowners insurance
Due at closing$2,504,250
Down payment held in escrow$630,000
Closing costs$47,250
beycome credit Est.$63,000

Beycome estimates only. Actual amounts and terms vary by lender and location.

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Travel times

About Useppa Island Ph Ii

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AI-generated overview for informational purposes only.
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Flood & climate risk

FEMA Flood Zone X

Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.

More details

Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

Based on information submitted to the MLS GRID as of Jun 01, 2026 at 02:21pm EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

$3,150,000 Listed price

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$63,000 Credit back

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