$1,530,000
$1,687,000
9.3%For more information regarding the value of a property, please contact us for a free consultation.
505 Lighthouse WAY Sanibel, FL 33957
4 Beds
4 Baths
3,000 SqFt
Key Details
Sold Price $1,530,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $510
Subdivision Sanibel Estates
MLS Listing ID 2026005751
Sold Date 06/18/26
Bedrooms 4
Full Baths 3
Half Baths 1
HOA Fees $41/ann
HOA Y/N Yes
Annual Recurring Fee 500.0
Min Days of Lease 28
Leases Per Year 12
Year Built 1965
Annual Tax Amount $11,135
Tax Year 2025
Lot Size 0.315 Acres
Acres 0.315
Property Sub-Type Single Family Residence
Source Florida Gulf Coast
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.
Location
State FL
County Lee
Area Si01 - Sanibel Island
Direction USE GPS
Interior
Interior Features Florida Room, Wired for Data, Entrance Foyer, Volume Ceiling
Heating Central Electric, Fireplace(s)
Cooling Central Electric
Flooring Other
Fireplace Yes
Window Features Casement
Appliance Other
Exterior
Exterior Feature Dock, Boat Lift, Concrete Dock, Elec Avail at dock, Hoist/Davit, Water Avail at Dock, Wooden Dock, Outdoor Kitchen, Sprinkler Auto
Garage Spaces 2.0
Pool In Ground, Equipment Stays
Community Features Beach Access, Community Gulf Boat Access, Boating, Non-Gated
Utilities Available Cable Available
Waterfront Description No Bridge(s)/Water Direct,Canal Front,Navigable Water,Seawall
View Y/N No
View Canal
Roof Type Metal
Street Surface Paved
Porch Open Porch/Lanai, Patio
Garage Yes
Private Pool Yes
Building
Lot Description Cul-De-Sac, Regular
Faces USE GPS
Story 2
Sewer Central
Water Central
Level or Stories Two, 2 Story
Structure Type Concrete Block,Stucco
Others
HOA Fee Include Legal/Accounting,Reserve,Street Maintenance
Tax ID 20-46-23-T2-01500.0280
Ownership Single Family
Acceptable Financing Buyer Finance/Cash
Listing Terms Buyer Finance/Cash
Pets Allowed No Approval Needed
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Bought with FGC Non-MLS Office
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