Butterknife
Homes for Sale in Sanibel, FL

All 102 homes for sale in Sanibel, FL · median $749,000 · 197 homes for sale in 33957 · Lee County homes for sale

Community in Sanibel · Lee County · ZIP 33957
Median sale $1.80M
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Photo via Florida Gulf Coast MLS

Built fromLive Florida Gulf Coast MLS data10 years of closingsUpdated twice daily

As of October 2026, Butterknife in Sanibel, FL has 1 home for sale. Over the 12 months ending 2026-09-20, 3 recorded sales closed at a median of $1,800,000, $538 per square foot, a median 29 days on market, sellers accepting 89% of original asking. At the median price and Lee County's FY2025-26 rate of 15.97 mills, annual property tax runs about $28,750 ($28,080 with the full homestead exemption).

Butterknife key facts
LocationSanibel, Lee County, FL · ZIP 33957
Sale prices, last 12 months$1,800,000 median across 3 closed sales · $538 per sq ft
Days on market (closed sales)29 median
For sale right now1 active, 0 pending · median asking $1,699,000

Data as of September 20, 2026. Listing information provided by the Florida Gulf Coast Multiple Listing Service, Inc. Information is deemed reliable but not guaranteed by the MLS to be accurate. Market figures describe homes, not residents. Cite as: Momentum Realty, “Butterknife key facts,” movewithmomentum.com/neighborhoods/butterknife, data as of September 20, 2026.

Last 30 days in Butterknife: 1 new listing (median asking $1,699,000). As of September 30, 2026, Listing information provided by the Florida Gulf Coast Multiple Listing Service, Inc. Information is deemed reliable but not guaranteed by the MLS to be accurate.

Live · Butterknife Housing Pulse Florida Gulf Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$1.80M
Median sold · 12 mo
$538/sf
Sold $/sqft · 12 mo
peak $581 in 2021
89.1%
Sale vs ask
Tempo
29days
Median DOM · closed
19 days at the 2021 low
0%
Under contract
Lee: 18% (1,646 of 9,225)
1 · 0
For sale · pending
live counts, refreshed twice daily
3
Sold · last 12 mo
10-yr average: about 2 a year
Track record · 10 years of records
2,833sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Butterknife shows very little closed activity in the current two-month window, which is the headline fact itself: there is not enough transaction volume here right now to support a confident read on pricing or pace. When a snapshot like this is thin, the honest move is to treat any single closing as a data point, not a trend.

For a buyer or seller, that means the real work happens off the aggregate numbers — pulling the specific comparable sales, checking condition and lot factors one property at a time, and not leaning on a community-wide average that isn't there. This is a market where a local, hands-on read matters more than usual.

The 60-Second Overview

Butterknife market snapshot (as of September 20, 2026): the median sale price is about $1.80M ($538 per sq ft over the trailing 12 months of closed sales), and a median 29 days on market for closed sales.

In ZIP 33957 (Sanibel), 323 homes closed in the last 12 months at a median of $780K ($522/sq ft), up 1.5% year over year, with a median 107 days on market. Right now 134 active and 16 pending listings — a soft market. See the live ZIP 33957 housing market and the Lee County market.

Butterknife sits within Sanibel in Lee County, and the current MLS snapshot doesn't surface any listed community amenities or enough closed sales in the recent window to characterize pricing trends with confidence.

Best for

  • A buyer focused on a specific Butterknife property who wants a direct comp analysis rather than a market-wide summary
  • A seller comfortable pricing based on individual property review given the thin recent closing activity
  • Someone prioritizing the Sanibel, Lee County location itself over amenity-driven decision factors

Probably not for

  • A buyer who wants to lean on a published median price or clear market trend before deciding — that data isn't available here right now
  • Someone shopping specifically for listed community amenities, since none are identified from current MLS listings
  • A buyer or seller who needs a fast, high-confidence market read rather than a property-by-property look

Windows contain 0 to 3 sales each (3 in the current window); every figure carries its sample size, and thin markets swing on single closings. Listing information provided by the Florida Gulf Coast Multiple Listing Service, Inc. Information is deemed reliable but not guaranteed by the MLS to be accurate. Deemed reliable but not guaranteed.

Homes sold per 12-mo window
0123201620182020202220242026
0 to 3 a year; 3 in the current window.
How much local inventory is already under contract

11% of homes for sale in ZIP 33957 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-09-30).

Butterknife Market Scorecard

Balanced

Butterknife is currently a balanced market., a median asking price of $1,699,000, and homes go under contract in about 1 days.

$1,699,000
Median list
$1,800,000
Median sold
$468
List $/sqft
1
Days on mkt
1/0/0
Active/Pend/Sold

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: Florida Gulf Coast MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Housing distress & ownership in Butterknife, Sanibel

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
0.0%
0 of 19 listings
Distress share trend — 0.0% now (2026-09-04 → 2026-09-19)

Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Listing information provided by the Florida Gulf Coast Multiple Listing Service, Inc. Information is deemed reliable but not guaranteed by the MLS to be accurate. Deemed reliable but not guaranteed.

Homes For Sale Right Now in Butterknife

Live MLS inventory for Butterknife. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending Butterknife listings as of 2026-09-30, priced high to low. Listing information provided by the Florida Gulf Coast Multiple Listing Service, Inc. Information is deemed reliable but not guaranteed by the MLS to be accurate. Tap any home to ask about it.

Every Home for Sale in Butterknife Right Now (1)

All 1 active and pending Butterknife listings with a detail page, newest first, refreshed twice a day from the MLS.

  • 133 Butterknife Pl · $1,699,000 · 5 bd / 3 ba · listed Sep 10, 2026 · listed by Premier Sotheby's Int'l Realty

If we were buying in Butterknife today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Butterknife.

Best Buy
Buyers or sellers who want a property-specific analysis rather than a community-wide market summary.
Biggest Risk
The recent closing count is too low to establish a reliable median price or pace-of-market trend.
Sweet Spot
Anyone already narrowed in on a specific address in Butterknife, where individual comps matter more than an aggregate.
Avoid If
You need a data-backed community average before making a decision — that's not available from the current snapshot.

A market with too little data to generalize

The most useful thing we can tell you about Butterknife right now is what the data doesn't show. No amenities are identified from current MLS listings, and closings in the most recent window are too sparse to build a defensible median, days-on-market, or pricing-trend narrative. That's a different situation from a community with slow but visible activity — this one simply hasn't produced enough recent transactions to summarize.

That doesn't mean nothing is happening here, only that a broad-strokes market summary would be guessing. The right approach is property-specific: look at what has actually closed nearby, what's currently listed, and how a given home's condition and position compare — rather than leaning on a community average that the current snapshot can't responsibly provide.

“

The location and the amenities are priced into every listing in Butterknife. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a community where the MLS snapshot itself is thin, you want someone who will say so plainly rather than stretch a handful of data points into a narrative. Our approach here is to pull the actual comparable closings and current listings on a property-by-property basis and tell you honestly where the gaps are, instead of presenting a confident market read that the numbers don't support.

Butterknife in 15 seconds.

Best forBuyers or sellers who want a property-specific analysis rather than a community-wide market summary.
Biggest advantageBeing on Sanibel in Lee County keeps you within a barrier-island location, though the current data set here is too limited to describe pricing dynamics.
Biggest riskThe recent closing count is too low to establish a reliable median price or pace-of-market trend.
Sweet spotAnyone already narrowed in on a specific address in Butterknife, where individual comps matter more than an aggregate.
Avoid ifYou need a data-backed community average before making a decision — that's not available from the current snapshot.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Butterknife homeowners association, its management company or its developer, and we cannot help with dues, gate access, violations, amenity bookings or association documents. To reach the association, check your closing package, the recorded declaration at the county clerk, or search the association’s name at sunbiz.org for its registered agent. Call or message us to buy or sell a home in Butterknife.
In short
  • HOA status not on record. Verify any dues before you offer
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Butterknife sales matched to your home.

What is your Butterknife home worth?

Get a no-obligation home value based on real comparable sales in Butterknife, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See all homes for sale in Sanibel →

Real comps, not an automated estimate.

Recently off market in Butterknife

Homes in Butterknife that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 1 on record.

Frequently Asked Questions

What is the median home price in Butterknife?
The median sale price in Butterknife was $1.80M over the 12 months ending September 20, 2026 (3 closed sales, Florida Gulf Coast MLS).
How long do homes in Butterknife take to sell?
Homes that closed in the 12 months ending September 20, 2026 took a median 29 days on market (3 sales, Florida Gulf Coast MLS).
Who is the best real estate agent for Butterknife?
The best agent for Butterknife is one who actively works Sanibel and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Butterknife.
How do I find a top Sanibel real estate agent who knows Butterknife?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Butterknife and the wider Sanibel area.
Can Momentum Realty connect me with an agent for Butterknife?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Butterknife purchase or sale - no call center and no pressure.
Where is Butterknife, and what county is it in?
Butterknife is in Sanibel, Lee County, FL, ZIP 33957. The community's center is about 5 miles southwest of the center of Sanibel (straight-line).
A buyer focused on a specific Butterknife property who wants a direct comp analysis rather than a market-wide summaryExcellent fit
A seller comfortable pricing based on individual property review given the thin recent closing activityExcellent fit
Someone prioritizing the Sanibel, Lee County location itself over amenity-driven decision factorsExcellent fit
A buyer who wants to lean on a published median price or clear market trend before deciding — that data isn't available here right nowProbably not
Someone shopping specifically for listed community amenities, since none are identified from current MLS listingsProbably not
A buyer or seller who needs a fast, high-confidence market read rather than a property-by-property lookProbably not

Data sources & freshness

Live listingsFlorida Gulf Coast MLS, refreshed twice daily (last: September 30, 2026)
Community market statsFlorida Gulf Coast MLS closed sales, 12-month windows ending September 20, 2026
Under-contract sharesFlorida Gulf Coast MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2016 (18 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of Florida Gulf Coast MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

Own a home here?

You just read the data. Now see what your home is worth.

The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Florida Gulf Coast MLS member average and 8 days faster, and we’ll price yours against live local comps.

Looking to buy here? Search homes for sale →

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Nearby Communities

Explore more neighborhoods near Butterknife with Momentum Realty’s local guides.

Cottage Colony West Condo0.1 mi away · median $438K, 5 sales/12 moIsland Beach Club Condo0.1 mi away · median $790K, 4 sales/12 moSouthwinds Estates0.3 mi away · 1 for saleOceans Reach Condo0.3 mi away · median $940K, 6 sales/12 moPointe Santo De Sanibel Condo0.3 mi away · median $910K, 5 sales/12 moSedgemoor Condo0.5 mi awaySandpiper Beach Condo0.6 mi away · 2 for saleSouth Capers0.7 mi away

Browse all neighborhood guides →

Thinking of selling in Butterknife? 3 recorded closings; median 29 days on market (window ending 2026-09-20). See the Lee County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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