Date
Details
Price
Change
Source
2/04/2026
Listed
$1,687,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/11
$1,687,000
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1/11
Property 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.
Full Property Details
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: 2/17/2026
- Added to Site: 56 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: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
- 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: 3,000
- Sq. Ft. Source: Property Appraiser Office
- Living Area: 3,000 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
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Schools
Schools serving 505 Lighthouse Way
School District:Lee County School District, Fort Myers, FL
| Name | Grades | Distance |
|---|---|---|
The Sanibel School 3840 Sanibel Captiva Road, Sanibel, FL 33957 | 6-8 | 5.6 mi |
Cypress Lake High School 6750 Panther Lane, Fort Myers, FL 33919 | 9-12 | 9.9 mi |
South Fort Myers High School 14020 Plantation Road, Fort Myers, FL 33912 | 9-12 | 12.6 mi |
Estero High School 21900 River Ranch Road, Estero, FL 33928 | 9-12 | 14.4 mi |
Fort Myers High School 2635 Cortez Boulevard, Fort Myers, FL 33901 | 9-12 | 15.2 mi |
Bonita Springs High School 25592 Imperial Parkway, Bonita Springs, FL 34135 | 9-12 | 17 mi |
Dunbar High School 3800 Edison Avenue, Fort Myers, FL 33916 | 9-12 | 17.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 505 Lighthouse Way
Tax History
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
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 505 Lighthouse Way
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505 Lighthouse Way, Sanibel, FL 33957 (MLS# 2026005751) is a Single Family property with 4 bedrooms, 3 full bathrooms and 1 partial bathroom. 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.