505 Lighthouse Way, Sanibel, FL 33957
For Sale $1,687,000
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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.
Fireplace
Foyer
French Doors
Volume Ceiling
Beach Access
Community Gulf Boat Access
Taxes: $11,135.00
Tax Year: 2025
Association Fee: $500.00
Association Description: Mandatory
Boat Dock Private
Boat Lift
Concrete Dock
Elec Avail at dock
Hoist/ Davit
Water Avail at Dock
Wooden Dock
Open Porch/ Lanai
Outdoor Kitchen
Other
Y
Canal Front
Navigable
Seawall
Building Description: Two Story, Single Family
Community Type: Boating, Non- Gated
MLS Area: Sanibel Estates
Total Square Footage: 3,759
Total Floors: 2
Water: Central
Construction: Concrete Block, Stucco
Short Sale: No
Date Listed: 2026-02-04 00:00:00
Pool: Y
Pool Description: Pool/ Spa Combo, Below Ground, Equipment Stays
Private Spa: Y
Furnished: Unfurnished
Parking: Driveway Paved, Attached
Garage Description: Y
Garage Spaces: 2
Attached Garage: Y
Roof: Metal
Heating: Central Electric
Cooling: Central Electric
Fireplace: Y
Storm Protection: None
Irrigation: Central
Pets: Yes
Restrictions: None
Maintenance: Legal/ Accounting, Reserve, Street Maintenance
Rear Exposure: S
Lot Desc.: Cul- De- Sac, Regular
Amenities: Beach Access, Community Gulf Boat Access
Listing Courtesy Of: Pfeifer Realty Group Llc
g.demaras@portsidepg.com
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.
Property Details
Price: $1,687,000
Sq Ft: 2,491
($677 per
sqft)
Bedrooms: 4
Bathrooms: 3
City: Sanibel
County: Lee
Type: Single Family
Development: Sanibel Estates
Acres: 0.3150
Virtual Tour/Floorplan: View
Year Built: 1965
Listing Number: 2026005751
Status Code: A-Active
Taxes: $11,135.00
Tax Year: 2025
Application Fee: $0.00
Garage:
2
/
Y
Furnishings: Unfurnished
Pets Allowed: Yes
Total Recurring Fees: $500
Total Recurring Fee Frequency: 0.00
Interior Features:
Fireplace
Foyer
French Doors
Volume Ceiling
Amenities:
Beach Access
Community Gulf Boat Access
Financial Information:
Taxes: $11,135.00
Tax Year: 2025
Association Fee: $500.00
Association Description: Mandatory
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
Equipment:
Other
View:
Y
Waterfront Description:
Canal Front
Navigable
Seawall
Additional Information:
Building Description: Two Story, Single Family
Community Type: Boating, Non- Gated
MLS Area: Sanibel Estates
Total Square Footage: 3,759
Total Floors: 2
Water: Central
Construction: Concrete Block, Stucco
Short Sale: No
Date Listed: 2026-02-04 00:00:00
Pool: Y
Pool Description: Pool/ Spa Combo, Below Ground, Equipment Stays
Private Spa: Y
Furnished: Unfurnished
Parking: Driveway Paved, Attached
Garage Description: Y
Garage Spaces: 2
Attached Garage: Y
Roof: Metal
Heating: Central Electric
Cooling: Central Electric
Fireplace: Y
Storm Protection: None
Irrigation: Central
Pets: Yes
Restrictions: None
Maintenance: Legal/ Accounting, Reserve, Street Maintenance
Rear Exposure: S
Lot Desc.: Cul- De- Sac, Regular
Amenities: Beach Access, Community Gulf Boat Access
Map of 505 Lighthouse Way, Sanibel, FL 33957
Listing Courtesy Of: Pfeifer Realty Group Llc
g.demaras@portsidepg.com