Listing Provided Courtesy of Pfeifer Realty Group LLC
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.
Property Details
Price:
$1,687,000
MLS #:
2026005751
Status:
Active
Beds:
4
Baths:
3.5
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
SANIBEL ESTATES
Neighborhood:
sanibelestates
Listed Date:
Feb 4, 2026
Finished Sq Ft:
3,000
Total Sq Ft:
3,759
Lot Size:
13,721 sqft / 0.32 acres (approx)
Year Built:
1965
See this Listing
Schools
Interior
Appliances
Other
Bathrooms
3 Full Bathrooms, 1 Half Bathroom
Cooling
Central Electric
Heating
Central Electric
Interior Features
Fireplace, Foyer, French Doors, Volume Ceiling
Levels
2
Exterior
Architectural Style
Two Story, Single Family
Association Amenities
Beach Access, Community Gulf Boat Access
Attached Garage YN
1
Building Features
DSL/Cable Available
Construction Materials
Concrete Block, Stucco
Covered Spaces
2
Exterior Features
Boat Dock Private, Boat Lift, Concrete Dock, Elec Avail at dock, Hoist/Davit, Water Avail at Dock, Wooden Dock, Open Porch/Lanai, Outdoor Kitchen
Garage Spaces
2
Lot Features
Cul-De-Sac, Regular
Other Structures
Outdoor Kitchen
Parking Features
Driveway Paved, Attached
Parking Spots
2
Parking Total
2
Patio And Porch Features
Patio
Roof
Metal
Spa Features
Below Ground, Equipment Stays, Pool Integrated
View
Canal
Waterfront Features
Canal Front, Navigable, Seawall
Financial
HOA Fee
$500
Tax Year
2025
Taxes
$11,135
Map
Community
- Address505 Lighthouse WAY SANIBEL FL
- SubdivisionSANIBEL ESTATES
- CitySANIBEL
- CountyLee
- Zip Code33957
Market Summary
Current real estate data for Single Family in SANIBEL as of Apr 07, 2026
277
Single Family Listed
145
Avg DOM
666
Avg $ / SqFt
$1,878,161
Avg List Price
Property Summary
- Located in the SANIBEL ESTATES subdivision, 505 Lighthouse WAY SANIBEL FL is a Single Family for sale in SANIBEL, FL, 33957. It is listed for $1,687,000 and features 4 beds, 4 baths, and has approximately 3,000 square feet of living space, and was originally constructed in 1965. The current price per square foot is $562. The average price per square foot for Single Family listings in SANIBEL is $666. The average listing price for Single Family in SANIBEL is $1,878,161. To schedule a showing of MLS#2026005751 at 505 Lighthouse WAY in SANIBEL, FL, contact your Carney Realty & Associates, Inc. agent at 239-574-1965.
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