Pending

505 Lighthouse Way

Sanibel, FL 33957
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Bed 4

Bed

Bath 4

Bath

SqFt3,000

Sqft

Acres0.32

Acre(Lot)

Rare opportunity offered on Lighthouse Way.  One of Sanibel’s most premier East End streets, this property presents an opportunity to create a custom waterfront residence in a location where finished homes consistently command top-tier value. Just minutes to the Gulf with deep-water, direct-access boating, the property features a seawall, generous dock area, a 16,000-lb boat lift, and two additional davits.  A boater’s dream setup seldom available on the East End. The home offers all-concrete block construction on both the first and second floors, providing a solid structural base for future plans.  A new $90,000 commercial-grade standing-seam metal roof and fascia are already in place, representing a significant investment and a meaningful head start for the next owner. Outdoor elements i nclude a pool and spa, mature tropical landscaping, and space for outdoor living and entertaining.  This East End location allows for easy on-and-off island access, avoiding mid-island traffic, while remaining within walking distance to the Sanibel Lighthouse, beaches, restaurants, shops, and local favorites. This is a rare chance to secure a Lighthouse Way address with direct Gulf access and build or renovate to suit your vision. Owner financing available.

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Detail Ic Property Details

Property Type : Residential

Price : $1,687,000

AD Id : 75059039

MLS Id : 2026005751

Beds : 4

Lot Size : 0.32 Acre

Living Area Size : 3,000

Year Built : 1965

Garage : 2

County : Lee

Subdivision: Sanibel Estates

  • Map Map

Map

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Map Nearby Areas

Feature Features

  • Bedroom Information

    Total beds: 4

    Bathroom Information

    Total Baths: 4 Full Baths: 3 Half Baths: 1

    Roofing Information

    Metal

    Flooring Information

    Other
  • Interior Features

    EntranceFoyer, FrenchDoorsAtriumDoors, Fireplace, HighCeilings, Other, SeeRemarks, CableTv
    Roof: Metal
    Window Features: CasementWindows
  • Heating & Cooling

    Has Heating: Yes Heating: Central, Electric Has Cooling: Yes Cooling: CentralAir, Electric Water front: 1

  • Building Information

    Year Built: 1965
    Building Area Total: 3759
    Construction Materials: Block, Concrete, Stucco
    Stories: 2
    Patio And Porch Features: Open, Patio, Porch
    Pool Features: InGround, PoolEquipment, PoolSpaCombo
    Private Pool: Yes
    Water front Features: CanalAccess,NavigableWater,Seawall
    View: Canal
  • Exterior Features

    Exterior Features: SprinklerIrrigation, None, OutdoorKitchen, Patio

  • Lot Information

    Lot Dimensions: 100 x 130 x 100 x 130 Main Square Feet: 0.315 Lot Size Acres: 0.315 Lot Size Source: Appraiser Lot Description: RectangularLot,CulDeSac,SprinklersAutomatic

    Property Information

    Subdivision: SANIBEL ESTATES Source Property Type: Residential Property SubType: Single Family Residence Direction Faces: North Levels: Two Property Age: 61

  • Listing Price Information

    Listing Price: $1687000
    AllFinancingConsidered, Cash

  • Tax Information

    Parcel Number: 20-46-23-T2-01500.0280 Tax Lot: 28 Tax Block: 1500 Tax Year: 2025 Annual Tax: $11135 Tax Legal Desc: SANIBEL ESTATES UNIT 4 OR 113 PG 652 LOT 28

  • Parking Information

    Attached, Driveway, Garage, Paved

    Garage Information

    Has Garage: Yes Has Attached Garage: Yes Garage Space: 2 Pets Allowed: Yes

    Homeowners Association Information

    Has Association: Yes
    Included Fees: LegalAccounting, ReserveFund, RoadMaintenance
    Association Amenities: BeachRights, BoatDock, BeachAccess, BoatRamp
    Community Features: BoatFacilities, NonGated

  • Utility Information

    CableAvailable
  • Location Information

    Direction: USE GPS WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1114 Seagrape Lane, Sanibel, FL, 33957 $2,795,000 3 2 2,123 2,123 SqFt
1163 Seagrape Lane, Sanibel, FL, 33957 $2,450,000 4 5 3,578 3,578 SqFt
479 Lagoon Drive, Sanibel, FL, 33957 $1,950,000 3 3 3,099 3,099 SqFt
505 Kinzie Island Court, Sanibel, FL, 33957 $3,995,000 5 5 4,777 4,777 SqFt
500 Kinzie Island Court, Sanibel, FL, 33957 $1,895,000 3 3 2,696 2,696 SqFt
545 Lighthouse Way, Sanibel, FL, 33957 $3,900,000 3 4 3,659 3,659 SqFt
1076 Captains Walk Street, Sanibel, FL, 33957 $1,099,000 2 2 1,704 1,704 SqFt
1105 Skiff Place, Sanibel, FL, 33957 $699,000 4 3 1,714 1,714 SqFt
1056 S Yachtsman Drive, Sanibel, FL, 33957 $1,150,000 3 2 1,682 1,682 SqFt
927 Almas Court, Sanibel, FL, 33957 $1,699,000 3 3 2,100 2,100 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 06/04/2026 @ 17:52

MLS: 2026005751 LISTED BY: Gregory Demaras, Pfeifer Realty Group LLC 239-472-0004 SOURCE: FGC

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