505 Lighthouse WAY, Sanibel, FL 33957
- $1,687,000
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.
Details
Updated on February 17, 2026 at 7:16 pm-
Property ID 2026005751
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Price $1,687,000
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Property Size 3759 Sqft
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Land Area 0.315 Acres
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Bedrooms 4
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Bathrooms 4
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Garages 2
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Garage Size x x
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Year Built 1965
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Property Type Single Family Residence, Residential
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Property Status Active
Additional details
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Association Fee 500
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Roof Metal
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Cooling Central Electric
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Heating Central Electric
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County Lee
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Property Type Residential
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Pool Pool/Spa Combo,Below Ground,Equipment Stays
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Parking Driveway Paved,Attached
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Waterfront Canal Front,Navigable,Seawall
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Architectural Style Two Story,Single Family
Features
Mortgage Calculator
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