505 Lighthouse Way Sanibel, FL $ 1,687,000
505 Lighthouse Way
$ 1,687,000
Recently Listed
Share Save

505 Lighthouse Way

Sanibel, FL, 33957
$ 1,687,000
Bedrooms4 Baths3.0 Sq 2,491

Monthly Estimate*

$ 10,387

505 Lighthouse Way, Sanibel, FL 33957 - Image 1
505 Lighthouse Way, Sanibel, FL 33957 - Image 2
505 Lighthouse Way, Sanibel, FL 33957 - Image 3
505 Lighthouse Way, Sanibel, FL 33957 - Image 4
505 Lighthouse Way, Sanibel, FL 33957 - Image 5
505 Lighthouse Way, Sanibel, FL 33957 - Image 6
505 Lighthouse Way, Sanibel, FL 33957 - Image 7
505 Lighthouse Way, Sanibel, FL 33957 - Image 8
505 Lighthouse Way, Sanibel, FL 33957 - Image 9
505 Lighthouse Way, Sanibel, FL 33957 - Image 10
505 Lighthouse Way, Sanibel, FL 33957 - Image 11
View a Virtual Tour

Single Family Home for sale in Sanibel, FL

for $1,687,000 with 4 bedrooms and 3 full baths. This 2,491 square foot home was built in 1965 on a lot size of 0.315.

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.

See more

Single Family Active

Price

$ 1,687,000

Bedrooms

4

Full Bath

3

Property Type

Single Family

Taxes

$ 11,135

Style

TwoStory

Lot Size

0.315

Year Built

1965

Town/City

Sanibel

County/Region

Lee

MLS | Web ID

2026005751

Features
Interior
Interior Amenities EntranceFoyer FrenchDoorsAtriumDoors Fireplace HighCeilings Other SeeRemarks CableTv
Flooring Other
Furnished Y/N Unfurnished
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Window Features CasementWindows
Fireplace Y/N Y
Half Baths 0
Total Bedrooms 4
Room Type FloridaRoom
Total Baths 3
See more
General
Sewer PublicSewer
Heating Central Electric
Cooling CentralAir Electric
Utilities CableAvailable
Possession CloseOfEscrow
Roof Metal
HOA Fee 0.0
Garage Spaces 2.0
Association Fee Includes LegalAccounting ReserveFund RoadMaintenance
Patio/Porch Features Open Patio Porch
Architectural Style TwoStory
Pool Features InGround PoolEquipment PoolSpaCombo
Construction Materials Block Concrete Stucco
Pets Allowed Yes
Year Built 1965
View Canal
Stories Count 2
Levels Two
Property Subtype SingleFamilyResidence
Tax Year 2025
Ownership Single Family
Development Name SANIBEL ESTATES
Waterfront Features CanalAccess NavigableWater Seawall
Community Features BoatFacilities NonGated
HOA Fee 2 500.0
County Lee
New Construction N
Property Type Residential
Association Amenities BeachRights BoatDock BeachAccess BoatRamp
HOA Y
Attached Garage Y
Subdivision Name SANIBEL ESTATES
Facing Direction North
Garage Y/N Y
Full Baths 3
Status Active
Directions USE GPS
City Sanibel
Land Lease Amount 0.0
Senior Community Y/N N
MLS Area SI01 - Sanibel Island
Lot Size Units Acres
Carport Spaces 0.0
Carport Y/N N
Spa Features InGround
HOA Fee 2 Frequency Annually
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 11135.0
Home Warranty Y/N N
Property Condition KnownDamage
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/2026005751
Standard Status Active
Tax Lot 28
Property Sub Type Additional SingleFamilyResidence
Legal Description SANIBEL ESTATES UNIT 4 OR 113 PG 652 LOT 28
HOA Fee 3 0.0
See more
Exterior
Exterior Amenities SprinklerIrrigation None OutdoorKitchen Patio
Parking Features Attached Driveway Garage Paved
Lot Features RectangularLot CulDeSac SprinklersAutomatic
Water Source Public Public
Lot Size Area 0.315
Horses N
Spa Y
Irrigation/Water Rights Y
Gulf Access Type No Bridges Water Direct
Gulf Access Y
Building Area Total 3759.0
Lot Dimensions 100 x 130 x 100 x 130
Lot Size Acres 0.315
Road Surface Type Paved
Private Pool Y
Lot Size Source Appraiser
Waterfront Y/N Y
Covered Spaces 2.0
Door Features FrenchDoors
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
See more
* Excluded Features
List By
Gregory Demaras

Listing Agent

Pfeifer Realty Group Llc

Broker

g.demaras@portsidepg.com

Email

Affordability Calculator

$11,315
Per Month
92%
8%
0%
Monthly Principal & Interest
$10,387
Monthly Property Taxes
$928
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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
1023546 Elementary School
1023297 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/4/2026$1,687,000 Listed Price

Map


See all

505 Lighthouse Way, Sanibel, FL, 33957 is a Single Family Home for sale at $1,687,000 with 2,491 sqft and a lot size of 0.315. 505 Lighthouse Way has 4 bedrooms, 3.0 baths, and was built in 1965. The property's zip code is 33957 which is in Sanibel, FL