505 Lighthouse Way, Sanibel, FL 33957

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

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Sold Price
$1,530,000
List Price
$1,687,000
Listing Price
$1,687,000
Closing Date
Jun 18, 2026
Days on Market
124
MLS#
2026005751
Bedrooms
4
Bathrooms
4
Living Sq. Ft
3,000
Property Class
Single Family Residential
Building Design
Single Family
Status Type
Known Damage
Status
CLOSED
County
Lee
Region
SI01 - Sanibel Island
Development
Sanibel Estates
Subdivision
Sanibel Estates

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

Year Built
1965
Garage Spaces
2
furnished
Unfurnished
Pets
Yes
Amenities
Beach Rights, Boat Dock, Beach Access, Boat Ramp
Community Type
Boat Facilities, Non-Gated
View
Canal
Waterfront Description
Canal Access, Navigable Water, Seawall
Pool
Yes
Building Description
Two Story
Lot Size
0.315
Construction
Block, Concrete, Stucco
Rear Exposure
S
Roof
Metal
Flooring
Other
Exterior Features
Sprinkler/Irrigation, None, Outdoor Kitchen, Patio
Water
Public
Sewer
Public Sewer
Cooling
Central Air, Electric
Interior Features
Entrance Foyer, French Door(s)/Atrium Door(s), Fireplace, High Ceilings, Other, See Remarks, Cable TV
Gulf Access
Yes
Waterfront
Yes
Furnished Description
Unfurnished

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Pfeifer Realty Group LLC. Selling Office: .