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505 Lighthouse Way

Sanibel, FL 33957
  • $1,687,000
  • STATUS: Active
  • ON SITE: 76 Days
  • ID#: 2026005751
UPDATED: 73 min ago
$1,687,000
  • 4
    BEDS
  • 0.32
    ACRES
  • 3
    BATHS
  • 1
    1/2 BATHS
  • 3,000
    SQFT
  • $562
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1965
County:
Lee

School Ratings & Info

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.

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© 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from FGCMLS. Data deemed reliable but not guaranteed.IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Lifestyle & Luxury Living. Data last updated 2026-04-22T10:23:38.66.
www.lifestyleluxuryfl.com/homes/172732062
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505 Lighthouse Way Sanibel, FL 33957

  • Price: $1,687,000
  • Status: Active
  • On Site: 76 Days
  • Updated: 73 min ago
  • ID#: 2026005751
4
Beds
3
Baths
1
½ Baths
0.32
Acres
3,000
SQFT
$562
$/SQFT
1965
Built
Neighborhood:
Sanibel Estates
County:
Lee
Area:
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.
Exterior Features

Architectural Style Two Story Attached Garage YN Yes Carport Spaces 0 Carport YN No Construction Materials Block Concrete Stucco Covered Spaces 2 Direction Faces North Door Features French Doors Exterior Features Sprinkler / Irrigation None Outdoor Kitchen Patio Garage YN Yes Levels Two Parking Features Attached Driveway Garage Paved Patio And Porch Features Open Patio Porch Pool Features In Ground Pool Equipment Pool / Spa Combo Pool Private YN Yes Road Surface Type Paved Roof Metal Spa Features In Ground Spa YN Yes View Canal View YN Yes

Interior Features

Cooling Central Air Electric Cooling YN Yes Fireplace YN Yes Flooring Other Furnished Unfurnished Heating Central Electric Heating YN Yes Interior Features Entrance Foyer French Door(s) / Atrium Door(s) Fireplace High Ceilings Other See Remarks Cable TV Room Type Florida Room Window Features Casement Window(s)

Property Features

Association Amenities Beach Rights Boat Dock Beach Access Boat Ramp Association Fee 0 Association Fee Includes Legal / Accounting Reserve Fund Road Maintenance Association Fee2 500 Association Fee2 Frequency Annually Association Fee3 0 Association YN Yes Building Area Total 3759 Community Features Boat Facilities Non- Gated Development Name SANIBEL ESTATES Gulf Access YN True Irrigation Source Municipal Land Lease Amount 0 Listing Terms All Financing Considered Cash Lot Features Rectangular Lot Cul- De- Sac Sprinklers Automatic Ownership Single Family Pets Allowed Yes Possession Close Of Escrow Potential Short Sale YN No Property Condition Known Damage Property Sub Type Single Family Residence Property Sub Type Additional Single Family Residence Restrictions No Restrictions Senior Community YN No Sewer Public Sewer Tax Annual Amount 11135 Tax Year 2025 Unit Location Utilities Cable Available Water Access Description Boat Dock PrivateBoat LiftConcrete DockElec Avail at dockHoist/DavitWater Avail at DockWooden Dock Water Source Public Waterfront Features Canal Access Navigable Water Seawall Waterfront YN Yes

Listing courtesy of Pfeifer Realty Group LLC.


© 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from FGCMLS. Data deemed reliable but not guaranteed.IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Lifestyle & Luxury Living. Data last updated 2026-04-22T10:23:38.66.
 
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