$1,687,000

505 Lighthouse WAY, Sanibel, FL 33957

  • 4 beds |
  • 4 baths |
  • 3,000 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1965
  • Property Lot Size Icon0.32acre lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $562/sqft
  • Property List Date Icon Listed 3 months ago

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.

Listing Status:
Active
Date Added:
February 4, 2026
Data Last Updated:
May 17, 2026 at 12:20PM
Listing Office:
Pfeifer Realty Group LLC : 239-472-0004
Listing Agent:
Gregory Demaras : 917-837-7009
MLS ID:
2026005751
  • General: Entrance FoyerFrench Door(s)/Atrium Door(s)FireplaceHigh CeilingsOtherSee RemarksCable TV
  • Flooring: Other
  • A/C: Central AirElectric
  • Heating: CentralElectric
  • Fireplace: Fireplace
  • General: Sprinkler/IrrigationNoneOutdoor KitchenPatioIn Ground
  • Style: Two Story
  • Other Structures: PorchPatioOpen
  • Pool: In GroundPool EquipmentPool/Spa Combo
  • Parking: AttachedDrivewayGaragePaved
  • Roofing: Metal
  • Windows: Casement Window(s)
  • General: BlockConcreteStucco2
  • Road/Access: Paved
  • HOA Amenities: Beach RightsBoat DockBeach AccessBoat RampLegal/AccountingReserve FundRoad Maintenance0.0Annually
  • Originating MLS: FGC_FORT
  • County: Lee
  • Zoning: SANIBEL ESTATES UNIT 4 OR 113 PG 652 LOT 2820-46-23-T2-01500.0280
  • View: CanalView
  • Utilities: Cable Available
  • Water: Public
  • Sewer: Public Sewer
  • Source: FGC_FORT
  • Ownership: Single Family

This listing courtesy of Gregory Demaras , Pfeifer Realty Group LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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