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
Exterior
Architectural Style
Two Story, Single Family
Association Amenities
Beach Access, Community Gulf Boat Access
Construction Materials
Concrete Block, Stucco
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
Other Structures
Outdoor Kitchen
Parking Features
Driveway Paved, Attached
Parking Spots
2
Roof
Metal
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 Feb 22, 2026
296
Single Family Listed
128
Avg DOM
659
Avg $ / SqFt
$1,765,429
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 $659. The average listing price for Single Family in SANIBEL is $1,765,429. 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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