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Home For Sale
505 Lighthouse Way
Sanibel, Florida 33957
Lee CountyWaterfront:
YesCommunity: SANIBEL ESTATES
$1,687,000
4 br, 3.0 bath
2491 sq. ft.
0.315 acres
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.
Interior:
- Bedrooms: 4
- Baths: 3.0
- Sq Ft: 2491
- Year Built: 1965
- Utilities:
- Fireplaces: Has Fireplace
- Stories: 2
- Heat/AC: Central, Electric (Heating)
- Garage: Garage, Driveway
Exterior:
- Lot Size: 0.315 acre
- Lot Dimensions:
- Waterfront: Yes
- View Types:
- Yard:
- Siding: Block, Concrete, Stucco
- Roof: Metal
- Property Taxes: $11,135
- Swimming Pool: Yes
- MLS #: 2026005751
Contact Information:
Listing Agent: Gregory Demaras, Pfeifer Realty Group, 917-837-7009, 239-472-0004
Listing Site, Listing Status: Active
Copyright © 2025 Florida Gulf Coast Multiple Listing Service, Inc.. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Copyright © 2025 Florida Gulf Coast Multiple Listing Service, Inc.. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 7227708
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Updated: Feb 04, 2026

