505 Lighthouse Way, Sanibel, FL 33957
Local realty services provided by:ERA Real Solutions Realty
Listed by: gregory demaras
Office: pfeifer realty group llc.
MLS#:2026005751
Source:FL_GFMB
Price summary
- Price:$1,687,000
- Price per sq. ft.:$448.79
About this home
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.
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Home facts
- Year built:1965
- Listing ID #:2026005751
- Added:8 day(s) ago
- Updated:February 11, 2026 at 03:49 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Full bathrooms:3
- Living area:2,491 sq. ft.
Heating and cooling
- Cooling:Electric
- Heating:Central, Electric
Structure and exterior
- Roof:Metal
- Year built:1965
- Building area:2,491 sq. ft.
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,687,000
- Price per sq. ft.:$448.79
- Tax amount:$11,135 (2025)
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