505 Lighthouse WAY, Sanibel, FL 33957

• 4 beds |
• 3 baths |
• 2,491 sqft

Property Description

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.

Listing Status:

Active

Date Added:

February 4, 2026

Data Last Updated:

February 12, 2026 at 7:19AM

Listing Office:

Pfeifer Realty Group LLC : 239-472-0004

Listing Agent:

Gregory Demaras : 917-837-7009

MLS ID:

2026005751

Interior

• General: Entrance FoyerFrench Door(s)/Atrium Door(s)FireplaceHigh CeilingsOtherSee RemarksCable TV
• Flooring: Other
• A/C: Central AirElectric
• Heating: CentralElectric
• Fireplace: Fireplace

Exterior

• General: Sprinkler/IrrigationNoneOutdoor KitchenPatioIn Ground
• Style: Two Story
• Other Structures: PorchPatioOpen
• Pool: In GroundPool EquipmentPool/Spa Combo
• Parking: AttachedDrivewayGaragePaved

Construction

• Roofing: Metal
• Windows: Casement Window(s)
• General: BlockConcreteStucco2

Location

• Road/Access: Paved
• HOA Amenities: Beach RightsBoat DockBeach AccessBoat RampLegal/AccountingReserve FundRoad Maintenance0.0Annually
• Originating MLS: FGC_FORT
• County: Lee

Lot

• Zoning: SANIBEL ESTATES UNIT 4 OR 113 PG 652 LOT 2820-46-23-T2-01500.0280
• View: CanalView

Utilities

• Utilities: Cable Available
• Water: Public
• Sewer: Public Sewer

Financial

• Source: FGC_FORT
• Ownership: Single Family