1245 Buttonwood Lane Sanibel, FL $ 10,000,000
1245 Buttonwood Lane
$ 10,000,000
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1245 Buttonwood Lane

Sanibel, FL, 33957
$ 10,000,000
Baths0.0

Monthly Estimate*

$ 61,572

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Studio

Lots and Land for sale in Sanibel, FL

for $10,000,000. The lot size is 1.6.

There are only a select few offerings along Florida’s Gulf Coast that can be described as irreplaceable. This extraordinary bayfront estate on Sanibel Island stands firmly among them. Set on approximately 1.6 acres, this is one of the largest buildable bayfront parcels on Sanibel Island, distinguished not only by its scale, but by its exceptional east-end location near the historic Sanibel Lighthouse. Tucked away at end of private Buttonwood Lane, the property enjoys a rare sense of seclusion while remaining just a short distance to Sanibel’s world-renowned white-sand beaches and moments from convenient on-and-off island access. The estate boasts approximately 150 feet of direct bay frontage, where gentle shoreline sands meet the shimmering waters of San Carlos Bay. A new private dock extends gracefully into the bay, offering immediate boating access and an ever-changing panorama of sunrises, passing vessels, and coastal wildlife, also an ideal gateway for boating, paddleboarding or sunset cruises. Beyond its natural beauty, the property’s distinction lies in its extraordinary development potential. According to the City of Sanibel Planning Department (Development Permit88-7456), the parcel is allocated three dwelling units within the D2 – Upland Wetlands ecological zone, with a minimum lot size of 15,000 square feet. The generous acreage allows for subdivision into three single-family parcels, presenting a spectrum of possibilities from a legacy bayfront compound to an intimate enclave of luxury residences, or a singular estate of remarkable scale and presence. Opportunities of this caliber, where size, zoning flexibility, waterfront access and historic location converge, are exceedingly rare. Properties like this have not been available for decades, and it is unlikely one will present itself again. This is more than a parcel of land, it is a once-in-a-generation opportunity to reimagine and create something exceptional along the bay on Sanibel Island.

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Lots and Land Active

Price

$ 10,000,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 20,724

Style

Residential

Lot Size

1.6

Town/City

Sanibel

County/Region

Lee

MLS | Web ID

2026000206

Features
General
Sewer PublicSewer
Cooling SeeRemarks
Utilities Other
Possession CloseOfEscrow
HOA Fee 0.0
Association Fee Includes Other
View Bay
Property Subtype Residential
Tax Year 2024
Current Use Other SingleFamily SeeRemarks
Development Name METES AND BOUNDS
Waterfront Features BayAccess AcrossTheRoadWaterFrontage
Community Features NonGated
HOA Fee 2 0.0
County Lee
New Construction N
Property Type Land
HOA N
Attached Garage N
Subdivision Name METES AND BOUNDS
Facing Direction South
Garage Y/N N
Status Active
City Sanibel
Land Lease Amount 0.0
Senior Community Y/N N
MLS Area SI01 - Sanibel Island
Lot Size Units Acres
Carport Y/N N
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 20724.54
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/fgcmls/2026000206
Standard Status Active
Tax Lot N/A
Property Sub Type Additional Residential UnimprovedLand
Legal Description PAR IN SEC 20 + 21 DESC IN OR1822 PGS2457 + 2455 W OF BUTTONWOOD RD
HOA Fee 3 0.0
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Exterior
Lot Features OversizedLot SeeRemarks DeadEnd
Water Source Public Public
Lot Size Area 1.6
Horses N
Spa N
Irrigation/Water Rights N
Gulf Access Type No Bridges Water Direct
Gulf Access Y
Lot Size Acres 1.6
Road Surface Type Gravel
Private Pool N
Lot Size Source Appraiser
Waterfront Y/N Y
Covered Spaces 0.0
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
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* Excluded Features
List By
Jeffrey Burns

Listing Agent

Premier Sotheby's Int'l Realty

Broker

jeff.burns@premiersir.com

Email

Affordability Calculator

$63,299
Per Month
97%
3%
0%
Monthly Principal & Interest
$61,572
Monthly Property Taxes
$1,727
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1023546 Elementary School
1023297 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/5/2026$10,000,000 Listed Price

Map


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1245 Buttonwood Lane, Sanibel, FL, 33957 is a Lots and Land for sale at $10,000,000 with a lot size of 1.6. 1245 Buttonwood Lane is a studio with 0.0 baths. The property's zip code is 33957 which is in Sanibel, FL