505 Lighthouse Way, Sanibel, FL 33957

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

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$1,530,000
List Price
$1,687,000
Status
CLOSED
Days on Market
124
Closing Date
Jun 18, 2026
MLS#
2026005751
Subtype
Residential
Style
Two Story
Architectural Style
Two Story
Year Built
1965
Bedrooms
4
Bathrooms
4
Full Baths
3
Half Baths
1
Living Area
3,000
Acres
0.32
Subdivision
Sanibel Estates
Neighborhood
Sanibel Estates
MLS Area Major
SI01 - Sanibel Island

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

Amenities
Beach Rights, Boat Dock, Beach Access, Boat Ramp
Interior Features
Entrance Foyer, French Door(s)/Atrium Door(s), Fireplace, High Ceilings, Other, See Remarks, Cable TV
Exterior Features
Sprinkler/Irrigation, None, Outdoor Kitchen, Patio
Taxes
$11,135
Property Description
Two Story
Flooring
Other
Heating
Central, Electric
Air Conditioning
Central Air, Electric
Exterior Construction
Block, Concrete, Stucco
Stories
2
Roof
Metal
Pool
Yes
Pool Type
In Ground, Pool Equipment, Pool/Spa Combo
Parking Features
Attached, Driveway, Garage, Paved
Garage Spaces
2
View
Canal

Courtesy of Pfeifer Realty Group LLC

Selling Office: .

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

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