505 Lighthouse WAY, SANIBEL FL 33957

$1,687,000

  • 3000 sqft
  • 4 Beds
  • 3 Baths
  • 2 Garages

General Information

  • List Price : $1,687,000
  • City : SANIBEL
  • Acres : 0.315
  • MLS Area : 3759
  • Status Type : Known Damage
  • Approx. Living Area : 3000
  • Furnished : Unfurnished
  • Date Created : 2026-02-04
  • MLS Number : 2026005751
  • State Or Province : FL
  • Subdivision : SANIBEL ESTATES
  • County : Lee
  • Bedrooms : 4
  • Approx. Total Area : 3759
  • Year Built : 1965
  • Potential Short :
  • DOM : 13
  • Address : 505 Lighthouse WAY, SANIBEL FL 33957
  • Postal Code : 33957
  • Development : Array
  • Property Type : Residential
  • Bath Full : 3
  • Price per Sq Ft : $123
  • Property Id : 20-46-23-T2-01500.0280
  • Status : Active
  • CDOM : 13

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.

Provided by Pfeifer Realty Group LLC

Detailed Property Information

  • Ownership : Single Family
  • Waterfront Y/N : 1
  • Boat Access : Boat Dock Private, Boat Lift, Concrete Dock, Elec Avail at dock, Hoist/Davit, Water Avail at Dock, Wooden Dock
  • Cooling : Central Electric
  • Kitchen :
  • Amenities : Beach Access, Community Gulf Boat Access
  • Restrictions : None
  • Building Design :
  • View : Canal
  • Waterfront Desc : Canal Front, Navigable, Seawall
  • Elementary School :
  • High School :
  • Floor Plan Type : 2 Story
  • Private Pool Y/N : 1
  • Bedroom Desc :
  • Equipment : Other
  • Additional Rooms : Florida Room, Open Porch/Lanai
  • Storm Protection : None
  • Building Features : DSL/Cable Available
  • Community Type : Boating, Non-Gated
  • Gulf Access Y/N : 1
  • Gulf Access Type : No Bridge(s)/Water Direct
  • Middle School :
  • Pets : Yes
  • Heating :
  • Windows :
  • Flooring :
  • Private Spa Y/N : 1
  • Dining Desc : Other
  • Exterior Features : Boat Dock Private, Boat Lift, Concrete Dock, Elec Avail at dock, Hoist/Davit, Water Avail at Dock, Wooden Dock, Open Porch/Lanai, Outdoor Kitchen

Unit / Building Information

  • Unit Floor :
  • Unit Number :
  • Construction : Concrete Block, Stucco
  • Total Floors : 2
  • Units in Building : 1
  • Elevator : None
  • Building Desc : 2 Story
  • Units in Complex : 1
  • Roof : Metal

Lot Information

  • Rear Exposure : S
  • Range :
  • Sewer :
  • Lot Unit :
  • Section :
  • Irrigation : Central
  • Block : 1500
  • Township :
  • Water : Central
  • Lot Desc : Cul-De-Sac, Regular

Financial Information

  • Condo Fee : 0
  • Approval :
  • Tax Year : 2025
  • Condo Fee Freq :
  • Management : Residents
  • Possession : Array
  • Tax Desc :
  • Maintenance : Legal/Accounting, Reserve, Street Maintenance

Additional Details

  • Amenities :
  • County Or Parish : Lee
  • Foreclosed REOYN :
  • Gulf Access YN : 1
  • Irrigation : Central
  • Legal Unit :
  • Lot Type :
  • Management : Residents
  • Master HOA Fee Freq :
  • Original List Price : 1687000
  • Parcel Number : 20-46-23-T2-01500.0280
  • Planned Use :
  • Postal Code Plus :
  • Property Type : Residential
  • Restrictions : None
  • Section :
  • Source of Measurements :
  • State Or Province : FL
  • Street Dir Prefix :
  • Street Number : 505
  • Sub Condo Name :
  • Unit Number :
  • View : Canal
  • Waterfront YN : 1
  • CDOM : 13
  • Close Date :
  • Community Type : Boating, Non-Gated
  • Date Created : 2026-02-04
  • Full Address : 505 Lighthouse WAY, SANIBEL FL 33957
  • Last Change Timestamp : 2026-02-04T17:33:38.590Z
  • List Price : $1,687,000
  • Lot Unit :
  • Mandatory Club Fee Freq :
  • MLS Area Major : SI01 - Sanibel Island
  • Photo Count : 11
  • Possession : Array
  • Potential Short Sale YN :
  • Range :
  • Road : Paved
  • Sewer :
  • Status : Active
  • Street Dir Suffix :
  • Subdivision Info : SANIBEL ESTATES
  • Table : Residential
  • Township :
  • Water : Central
  • Zoning Code:
  • Association Mngmt Phone : (239) 472-0004
  • Boat Access : Boat Dock Private, Boat Lift, Concrete Dock, Elec Avail at dock, Hoist/Davit, Water Avail at Dock, Wooden Dock
  • Canal Width : $Canal Width 81-120
  • City : SANIBEL
  • Condo Fee : 0
  • Condo Fee Freq :
  • Current Price : $1,687,000
  • DOM : 13
  • Elevation :
  • Gulf Access Type : No Bridge(s)/Water Direct
  • Master HOA Fee Freq : 0
  • Land Lease Fee Freq :
  • Last Change Type : New Listing
  • Legal Desc :
  • Maintenance : Legal/Accounting, Reserve, Street Maintenance
  • Mandatory HOA Y/N : 500
  • Matrix Modified DT : 2026-02-17T19:16:11.395Z
  • MLS Number : 2026005751
  • Other PI Ds :
  • Photo Modification Timestamp : 2026-02-17T19:16:11.389Z
  • Postal Code : 33957
  • Price Per Acre : 5,355,556
  • Rear Exposure : S
  • Room Count : 0
  • Source of Measure Lot Dimensions :
  • Status Type : Known Damage
  • Street Name : Lighthouse
  • Street Suffix : WAY
  • Tax Desc :
  • Tax Year : 2025
  • Trees :
  • Utilities Available :
  • Waterfront Desc :
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505 Lighthouse WAY, SANIBEL FL 33957

$1,687,000