505 Lighthouse Way, Sanibel, FL 33957

$1,530,000
4
BD
3.5
BA
3,000
SqFt

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Sold Price
$1,530,000
List Price
$1,687,000
Listing Price
$1,687,000
Days on Market
134
Closing Date
Jun 18, 2026
MLS#
2026005751
Bedrooms
4
Bathrooms
3.5
Living Sq. Ft
3,000
Total Area
3,759
Acres
0.32
Property Class
Single Family Residential
Building Design
Single Family Residence
County
Lee
Region
SI01 - Sanibel Island
Development
Sanibel Estates
Subdivision
Sanibel Estates

Property Description

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 include 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.

Additional Information

Year Built
1965
Garage Spaces
2
furnished
Unfurnished
Pets
No Approval Needed
Amenities
Beach Access, Community Gulf Boat Access, Boating, Non-Gated
View
Canal
Boat Access
Dock, Boat Lift, Concrete Dock, Water Avail at Dock, Wooden Dock
Waterfront Description
No Bridge(s)/Water Direct, Canal Front, Navigable Water, Seawall
Pool
Yes
Pool Description
In Ground, Equipment Stays
Private Spa
Yes
Spa Description
In Ground, Equipment Stays, Pool Integrated
Lot Description
Cul-De-Sac, Regular
Lot Frontage
100
Construction
Concrete Block, Stucco
Parking
Driveway Paved, Attached
Roof
Metal
Flooring
Other
Windows
Casement
Exterior Features
Dock, Boat Lift, Concrete Dock, Elec Avail at dock, Hoist/Davit, Water Avail at Dock, Wooden Dock, Outdoor Kitchen, Sprinkler Auto
Water
Central
Sewer
Central
Cooling
Central Electric
Irrigation
Central
Interior Features
Florida Room, Wired for Data, Entrance Foyer, Volume Ceiling
Equipment/Appliances Included
Other
Master Bath Description
See Remarks
Total Tax Bill
$11,135
Tax Year
2025
HOA Fee
$500
HOA Fee Freq
Annually
Total Floors
2
Min. Days Of Lease
28
Num of Leases/Yr
12

Mortgage Calculator

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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Pfeifer Realty Group LLC. Selling Office: FGC Non-MLS Office.