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$1,687,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 3 Full Baths
  • 2,491 Sq. Ft.
  • Updated 1 day ago
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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.

Full Property Details for 505 Lighthouse Way

General

  • Price: $1,687,000
  • HOA FEE: $42/month
  • HOA FEE FREQ.: Annually
  • Taxes: $11,135 (2025)
  • Status: Active
  • Type: Single Family
  • Source: Bonita_Springs
  • MLS ID: 2026005751
  • Updated: 2/4/2026
  • Added to Site: 1 day(s) ago

Rental Information

  • Lease/Rent Term: 28
  • Min. Lease (Days): 28

Interior

  • Interior Features: Florida Room, Wired for Data, Entrance Foyer, Volume Ceiling
  • Fireplace: Yes
  • Appliances: Other
  • Furnishings: Unfurnished
  • Flooring: Other

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Primary Bathroom: See Remarks

Bedrooms

  • Total Bedrooms: 4

Additional Information

  • Shared Amenities: Beach Access, Community Gulf Boat Access, Boating, Non-Gated
  • Pool: Yes
  • Private Pool: Yes
  • Pool Description: In Ground, Equipment Stays
  • Spa: Yes
  • Spa Description: In Ground, Equipment Stays, Integrated with Pool

Exterior

  • Exterior Features: Dock, Boat Lift, Concrete Dock, Elec Avail at dock, Hoist/Davit, Water Avail at Dock, Wooden Dock, Outdoor Kitchen, Automatic Sprinkler
  • Porch/Patio/Deck: Open Porch/Lanai, Patio

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Covered Spaces: 2
  • Parking Features: Driveway Paved, Attached

Location

  • Area: SI01 - Sanibel Island
  • County: Lee
  • Subdivision: SANIBEL ESTATES
  • Building Name: SANIBEL ESTATES
  • Driving Directions: USE GPS
  • Direction Faces: North

Community

  • Association: Yes
  • Assoc. Fees Include: Legal/Accounting, Reserve, Street Maintenance
  • Units Assoc/Comm: 1
  • Pets Allowed: Yes
  • Management Type: Residents

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Electric
  • Heating Type: Central Electric, Fireplace(s)

Utilities

  • Sewer: Central
  • Water: Central
  • Cable Available: Yes
  • Utility Description: Cable Available

Structural Information

  • Description/Design: Single Family Residence
  • Exterior Const.: Concrete Block, Stucco
  • Roof: Metal
  • Windows: Casement
  • Doors: French Doors
  • Stories/Levels: 2
  • Stories in Building: 2
  • Square Feet: 2,491
  • Sq. Ft. Source: Property Appraiser Office
  • Living Area: 2,491 Sq. Ft.
  • Year Built: 1965

Lot Features

  • Property View: Canal
  • Lot Size (Acres): 0.315
  • Lot Size (Sq. Ft.): 13,721
  • Lot Size Source: Property Appraiser Office
  • Lot Dimensions: 100 x 100 x 130 x 130
  • Frontage: Cul-De-Sac
  • Frontage Feet: 100
  • Street/Road Desc.: Paved
  • Irrigation System: Central
  • Lot Features: Cul-De-Sac, Regular
  • Lot Description: Cul-De-Sac, Regular

Water Features

  • Water Front: Yes
  • Gulf Access: Yes
  • Water Front Desc.: Canal Front, Navigable Water, Seawall
  • Canal Width: Canal Width 81-120
  • Boat Dock Slip: Yes

Financial Considerations

  • Association Fee: $500
  • Assoc Fee Freq.: Annually
  • Tax Amount: $11,135
  • Tax Year: 2025
  • Terms: Buyer Finance/Cash

Disclosures and Reports

  • Ownership: Single Family
  • Legal Description: SANIBEL ESTATES UNIT 4 OR 113 PG 652 LOT 28
  • Property ID: 20-46-23-T2-01500.0280
  • Section: 20
  • Block: 1500
  • Lot Number: 28

Listed by Pfeifer Realty Group LLC

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Listing agent

— 505 Lighthouse Way —

  • Pfeifer Realty Group LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 505 Lighthouse Way

School District:Lee County School District, Fort Myers, FL
NameGradesDistance
The Sanibel School
3840 Sanibel Captiva Road, Sanibel, FL 33957
6-85.6 mi
Cypress Lake High School
6750 Panther Lane, Fort Myers, FL 33919
9-129.9 mi
South Fort Myers High School
14020 Plantation Road, Fort Myers, FL 33912
9-1212.6 mi
Estero High School
21900 River Ranch Road, Estero, FL 33928
9-1214.4 mi
Fort Myers High School
2635 Cortez Boulevard, Fort Myers, FL 33901
9-1215.2 mi
Bonita Springs High School
25592 Imperial Parkway, Bonita Springs, FL 34135
9-1217 mi
Dunbar High School
3800 Edison Avenue, Fort Myers, FL 33916
9-1217.1 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 505 Lighthouse Way Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/04/2026
Listed
$1,687,000
148.09%
MLS
9/16/1999
Sold
$680,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 505 Lighthouse Way

Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,447
-4%
$782,606
2%
2024
$10,932
4%
$766,954
4%
2023
$10,473
3%
$738,398
-26%
2021
$10,206
5%
$1,004,555
40%
2022
$9,740
-5%
$716,891
4%
2021
$10,206
1%
$686,401
4%
2018
$10,083
—
$658,458
2%
2017
$10,087
—
$644,915
2%
2016
$10,045
-1%
$631,650
-6%
2019
$10,096
-1%
$670,969
-39%
2015
$10,223
—
$1,093,846
54%
2014
$10,237
—
$709,201
11%
2013
$10,282
—
$636,496
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Pfeifer Realty Group LLC

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505 Lighthouse Way, Sanibel, FL 33957 (MLS# 2026005751) is a Single Family property with 4 bedrooms and 3 full bathrooms. 505 Lighthouse Way is currently listed for $1,687,000 and was received on February 04, 2026. Want to learn more about 505 Lighthouse Way? Do you have questions about finding other Single Family real estate for sale in Sanibel? You can browse all Sanibel real estate or contact a Coldwell Banker agent to request more information.

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