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$5,900,000
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Property Description
Very RARE opportunity to own a BAYFRONT lot and/or a DEEP-WATER CANAL access lot! Experience luxury island living with this unmatched chance to purchase one or both of these premier WATERFRONT lots on Sanibel Island's desirable EAST END. Offered together at a discounted rate of $5.9M, or available separately: "¢ 592 Lighthouse Way - $3.7M - BAYFRONT with stunning SUNRISE and SUNSET views with stunning panoramic water vistas. "¢ 629 Lighthouse Way - $2.7M - DEEP-WATER CANAL with a 60FT DOCK, ideal for boating enthusiasts. These adjacent properties create a rare opportunity to enjoy both expansive bay views and direct boating access in one of Florida's most coveted coastal settings. Don't miss your chance to build your dream waterfront retreat on Sanibel!
Full Property Details
Full Property Details for 592 Lighthouse Way
General
- Price: $5,900,000
- HOA FEE: $42/month
- HOA FEE FREQ.: Annually
- Taxes: $15,152 (2024)
- Status: Active
- Type: Single Family
- Source: Bonita_Springs
- MLS ID: 224047188
- Updated: 1/2/2026
- Added to Site: 591 day(s) ago
Rental Information
- Lease/Rent Term: 30
- Min. Lease (Days): 30
Interior
- Interior Features: Split Bedrooms
- Fireplace: Yes
- Appliances: None
- Furnishings: Unfurnished
- Flooring: Terrazzo
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Primary Bathroom: None
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Inside
Additional Information
- Shared Amenities: Community Gulf Boat Access, Boating
- Pool: Yes
- Private Pool: Yes
- Pool Description: In Ground, Concrete
Exterior
- Exterior Features: Composite Dock, Dock Included, Elec Avail at dock, Water Avail at Dock, None
- Porch/Patio/Deck: Screened Lanai/Porch
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Covered, Attached
Location
- Area: SI01 - Sanibel Island
- County: Lee
- Subdivision: SANIBEL ESTATES
- Building Name: SANIBEL ESTATES
- Driving Directions: Head to the island! Follow signs to the Lighthouse Beach, turning left at the Fourway stop sign. Turn left on Lighthouse way. 592 sits one the Bay side and 629 sits across the street on the canal side facing the Sanibel Marina.
- Direction Faces: Southwest
Community
- Association: Yes
- Assoc. Fees Include: Sewer, Trash, Water
- Units Assoc/Comm: 1
- Pets Allowed: Yes
- Management Type: Residents
Heating & Cooling
- Cooling Type: None
- Heating Type: None, Fireplace(s)
Utilities
- Gas: Propane
- Sewer: Central
- Water: Central
- Cable Available: Yes
- Utility Description: Propane, Cable Available, Natural Gas Available
Structural Information
- Description/Design: Single Family Residence
- Exterior Const.: Concrete Block, Stucco
- Roof: Tile
- Windows: Other
- Entry Floor Number: 1
- Stories/Levels: 1
- Stories in Building: 1
- Square Feet: 2,305
- Sq. Ft. Source: Property Appraiser Office
- Living Area: 2,305 Sq. Ft.
- Year Built: 1973
Lot Features
- Property View: Bay, Canal
- Lot Size (Acres): 0.316
- Lot Size (Sq. Ft.): 13,764
- Lot Size Source: Property Appraiser Office
- Lot Dimensions: 103 x 97 x 136 x 140
- Frontage: Cul-De-Sac, Dead End
- Frontage Feet: 103
- Street/Road Desc.: Paved
- Road Maintenance: City Maintained
- Irrigation System: Central
- Lot Features: Across From Waterfront, Cul-De-Sac
- Lot Description: Across From Waterfront, Cul-De-Sac
Water Features
- Water Front: Yes
- Gulf Access: Yes
- Water Front Desc.: Bay, Canal Front, Seawall
- Canal Width: None
- Boat Dock Slip: Yes
Financial Considerations
- Association Fee: $500
- Assoc Fee Freq.: Annually
- Tax Amount: $15,152
- Tax Year: 2024
- Terms: Buyer Finance/Cash, Seller Pays Title
Disclosures and Reports
- Ownership: Single Family
- Legal Description: SANIBEL ESTATES UNIT 4 OR 113 PG 652 LOT 6
- Property ID: 20-46-23-T2-01500.0060
- Section: 20
- Block: 1500
- Lot Number: 6
Listed by Pfeifer Realty Group LLC
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Schools
Schools serving 592 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 | 5.3 mi |
Cypress Lake Middle School 8901 Cypress Lake Drive, Fort Myers, FL 33919 | 6-8 | 10.2 mi |
Cypress Lake High School 6750 Panther Lane, Fort Myers, FL 33919 | 9-12 | 10 mi |
South Fort Myers High School 14020 Plantation Road, Fort Myers, FL 33912 | 9-12 | 12.7 mi |
Fort Myers High School 2635 Cortez Boulevard, Fort Myers, FL 33901 | 9-12 | 15.3 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 592 Lighthouse Way
Date
Details
Price
Change
Source
3/31/2025
Price Reduced
$5,900,000
-13.68%
MLS
6/04/2024
Listed
$6,835,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 592 Lighthouse Way
Year
Property Taxes
Change
Tax Assessment
Change
2025
$15,638
-1%
$1,151,096
3%
2024
$15,783
2%
$1,118,655
3%
2023
$15,430
3%
$1,086,073
-34%
2021
$14,923
4%
$1,638,532
55%
2022
$14,357
-4%
$1,054,440
4%
2021
$14,923
4%
$1,009,594
7%
2018
$14,284
—
$943,012
3%
2017
$14,229
—
$919,080
2%
2016
$14,176
-2%
$900,176
-24%
2015
$14,440
1%
$1,183,510
23%
2019
$14,267
-1%
$960,929
-19%
2014
$14,468
—
$1,184,110
-8%
2013
$14,538
—
$1,282,532
—
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 592 Lighthouse Way
592 Lighthouse Way, Sanibel, FL 33957 (MLS# 224047188) is a Single Family property with 3 bedrooms and 2 full bathrooms. 592 Lighthouse Way is currently listed for $5,900,000 and was received on June 04, 2024. Want to learn more about 592 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.

