Coldwell Banker Home Page

Local Realty Service Provided By: Coldwell Banker Sunstar Realty

Property view

505 Lighthouse Way, 
Sanibel, FL 33957

$1,530,000


4

Beds


4

Baths


3,000

Sq Ft


Single Family

Sold

Listed by

Gregory Demaras

Bought with FGC Non-MLS Office

Pfeifer Realty Group LLC.

MLS#

2026005751

Source:

FL GFMB

Sorry, we are unable to map this address

About This Home

505 Lighthouse Way

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.

Home Facts

Single Family

4 Baths

4 Bedrooms

Built in 1965

Subdivision & Development:

SANIBEL ESTATES

Price Summary

1,687,000

$562 per Sq. Ft.

MLS #:

2026005751

Sold:

June 18, 2026


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

4

Full Bathrooms:

3

Interior

Living Area:

3,000 Sq. Ft.


Structure

Structure

Architectural Style:

Two Story

Building Area:

3,759 Sq. Ft.

Year Built:

1965


Lot

Lot Size (Sq. Ft):

13,721


Finances & Disclosures

Finances

Price:

$1,687,000

Price per Sq. Ft:

$562 per Sq. Ft.

Source:FL GFMB
The source of the information about real property available for sale or rent is the copyrighted and proprietary database of the Florida Gulf Coast Multiple Listing Service, Inc.. Copyright 2026 Florida Gulf Coast Multiple Listing Service, Inc.; all rights reserved. The data is provided by the IDX Program, and the Information is Deemed Reliable But Not Guaranteed.