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16950 Captiva Dr, Captiva, FL, 33924

7beds
7baths
8,596sqft
$18,900,000
$2,199price/sqft
$120,367/moest. monthly cost
$4,814,680/yrincome needed

About This Home

Arguably the most architecturally significant home to ever be brought to market on Captiva, Bella Luna was nationally recognized for impeccable design when it received the American Institute of Building Design’s (AIBD) prestigious American Residential Design Award (ARDA) in 2021. Conceptualized by the renowned Wayne Visbeen of Visbeen Architects, Bella Luna reflects the exceptional craftsmanship and innovative design for which the firm is celebrated. Known for collaborating with prestigious clients such as the Metropolitan Museum of Art, Martha Stewart, and Disney, Visbeen Architects brings the same level of artistry and attention to detail to residential projects, making this property a true masterpiece of design and livability. Constructed to be a fortress of concrete and steel, the substantial nature of the structure is resilient yet refined. Employing hotel and hospitality design techniques, every detail was meticulously tailored to enhance the human experience through sophistication and functionality, creating intimate experiences within the grandeur of larger spaces. A feature sheet is available detailing the extensive upgrades, features and breathtaking attributes.

Getting Around

10
WalkingCar-Dependent
0
TransitVery Limited Transit
39
BikeSomewhat Bikeable

Schools

9/10
The Sanibel SchoolGrades PK-85.1 mi
5/10
Cypress Lake High SchoolGrades 9-1217.9 mi
2/10

Construction

Condition

  • Year built: 2021

Materials

  • Foundation: Raised
  • Roof: Flat,Metal
  • Construction materials: Block,Const. Complete,See Remarks,Stucco,Trim Stucco

Type & Style

  • Home type: SingleFamily
  • Architectural style: Beach House,Contemporary,See Remarks
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Double Oven,Dryer,Freezer,Internet Ready,Microwave,Range/Dbl Oven Gas,Refrigerator,Electric Oven,Washer,Water Heater 2+,Tankless Water Heater,Wine Cooler,See Remarks,Home Automation
  • Laundry features: Laundry Room

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 7
  • Full bathrooms: 7

Features

  • Breakfast Bar,Elevator Private,Storage,High Ceilings,Beamed Ceilings,Elevator
  • Door features: French Doors,Sliding Doors,Impact Resistant Doors,Storm Door(s)
  • Window features: Bay Window(s),Impact Resistant Windows,Sliding,Storm Window(s)
  • Flooring: Tile,Wood

Heating & Cooling

  • Heating features: Central
  • Cooling features: Ceiling Fan(s),Central Air

Interior Area

  • Total structure area: 16,495
  • Total interior livable area: 8,596 sqft

Master Bathroom

  • Features: Dbl Sinks,Shower Only

Master Bedroom

  • Features: Balcony,Sitting Area,Walk-In Closet(s)
  • Level: First

Property

Accessibility

  • Accessibility features: Handicap Accessible,Accessible Elevator Installed

Details

  • Parcel number: 03462100000280050
  • Other equipment: Generator

Features

  • Private pool: Yes
  • Pool features: Equipment Stays,Gas Heat,Negative Edge,See Remarks,Private
  • Patio & porch: Open Porch
  • Exterior features: Outdoor Kitchen,Balcony
  • Spa features: Heated,Spa
  • Has view: Yes
  • View description: Water
  • Has water view: Yes
  • Water view: Water
  • On waterfront: Yes
  • Waterfront features: Beach Front,Gulf,Beach Access

Lot

  • Lot size: 1.07 Acres
  • Features: Irregular Lot

Parking

  • Total spaces: 3
  • Parking features: 3+ Garage,Under Bldg
  • Has garage: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingVery High
  • Hurricane
    HurricaneVery High
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Hurricane
Tsunami

FEMA Declared Disasters in Lee County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $95,568$1,146,816
Home Insurance *$2,388$28,656
Property Taxes $21,546$258,552
Electricity $865$10,380
Total$120,367$1,444,404
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$4,126,868/yr
40% on housing$3,611,010/yr
45% on housing$3,209,786/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 15.2%
15.2%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 2.7%
2.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$2,199This listing

vs Other Active Listings

Avg $/sqft

ZIP 33924$982
Lee County$282

vs Homes Sold Last Month

Median $/sqft

ZIP 33924$647
Lee County$222

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-02-05Price change$18,900,000
2025-01-21Listed for sale$23,000,000
2017-06-07Sold$2,700,000
2017-01-09Pending sale$2,995,000
2016-12-09Listing removed$2,995,000
2016-06-01Listed for sale$2,995,000
2009-06-20Listing removed$14,900,000
2009-04-11Listed for sale$14,900,000

For Sale by Agent

AgentJeff Burns
BrokeragePremier Sotheby's Int'l Realty

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