This new Sanibel Island foreclosure is the least expensive home in the beautiful Gulf Pines neighborhood by over $100,000! (at the time I wrote this). Gulf Pines is a beachfront community and the beach is a short walk from this bank owned Sanibel home.
922 Pepper Tree Place, Gulf Pines, Sanibel
Asking: $442,900 as of 11/22/2011
Living Sqft: 1,861
Sanibel Foreclosure Real Estate Tour
The house is a 2/2 with a large open loft and bonus rooms downstairs. The current master bedroom is small, but possibly the loft could be converted to a master suite. An elevator provides access to the main living floor. The property backs up to a large wetlands conservation area. The upper deck offers great views of this open, natural area.
Homes in Gulf Pines can be popular for vacation renters due the proximity to the beach and the unique, natural island ambiance Gulf Pines provides.
Click here to see more about Gulf Pines Sanibel Island Real Estate.