Two Story, Single Family
505 Lighthouse WAY
SANIBEL , FL 33957
MLS#: 2026005751
$1,687,000
Property
Beds
4
Full Baths
3
1/2 Baths
None
Year Built
1965
Sq.Footage
2,491
Premier opportunity offered on Lighthouse Way, one of Sanibel’s most premier East End streets, this property presents a rare 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 true boater’s 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 footprint, mature tropical landscaping, and space for outdoor living and entertaining, ready to be reimagined to today’s standards. The 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.
Features & Amenities
Interior
-
Other Interior Features
Entrance Foyer
-
Total Bedrooms
4
-
Bathrooms
3
-
Cooling YN
YES
-
Cooling
N/A
-
Fireplace YN
YES
-
Heating YN
YES
-
Heating
Central, Electric
-
Pet friendly
Yes
Exterior
-
Garage
Yes
-
Garage spaces
2
-
Construction Materials
Block, Stucco
-
Other Exterior Features
Dock, Outdoor Kitchen
-
Parking
Paved, Attached
-
Patio and Porch Features
Patio
-
Pool
Yes
-
Pool Features
Pool/Spa Combo, Private
-
Waterfront YN
YES
-
View
Canal
Area & Lot
-
Lot Features
Waterfront, Cul-De-Sac
-
Lot Size(acres)
0.315
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
-
Architectural Style
Two Story, Single Family
Price
-
Sales Price
$1,687,000
-
Tax Amount
11135.0
-
Sq. Footage
2, 491
-
Price/SqFt
$677
HOA
-
Association
Yes
-
Association Fee 2
$500
-
Association Fee 2 Frequency
Annually
-
Association Fee Includes
N/A
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
Association Amenities
Beach Access
-
Ownership
Single Family
-
Senior Community YN
NO
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Location
County
Lee
Elementary School
Middle School
High School
Listing Courtesy of Gregory Demaras , Pfeifer Realty Group LLC
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Agent | Realtor®
Julia McCabe
Call Julia today to schedule a private showing.
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