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505 Lighthouse Way, Sanibel, FL 33957
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505 Lighthouse Way, Sanibel, FL 33957 - 4 Bedroom Pool Home in Sanibel Estates
$1,687,000
MLS Number
2026005751
Bedrooms
4 Bed
Bathrooms
3 Baths
Living Area
2,491 sq ft
Total Area
3,759 sq ft
Garage Spaces
2
Year Built
1965
Days on Market
3
home 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.
fact_check The Basics
Property Type
Single Family
Gulf Access
Yes
Boat Access
Boat Dock Private, Boat Lift, Concrete Dock, Elec Avail at dock, Hoist/Davit, Water Avail at Dock, Wooden Dock
Private Pool
Yes
Private Spa
Yes
Acres
0.315
Furnished
Unfurnished
Last Modified
3 days ago
savings Financials & HOA Fees
Foreclosure
No
Auction
No
Short Sale
No
Mandatory HOA
Yes
HOA Fee
$500 annually
roofing Building Features
Building Features
DSL/Cable Available
Building Style
2 Story
Construction Materials
Concrete Block, Stucco
Cooling
Central Electric
Covered Spaces
2
Elevator
None
Floor Plan
2 Story
Floors
2
Garage Spaces
2
Patio and Porch
Patio
Other Structures
Outdoor Kitchen
Rear Exposure
South
Roof
Metal
Storm Protection
None
View
Canal
Water Source
Central
Waterfront Features
Canal Front, Navigable, Seawall
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chair Interior Features
Appliances & Equipment
Other
Interior Features
Fireplace, Foyer, French Doors, Volume Ceiling
Additional Rooms
Florida Room, Open Porch/Lanai
Gas
No
holiday_village Neighborhood and Community
Pets Allowed
Yes
Amenities
Beach Access, Community Gulf Boat Access
Neighborhood
Sanibel Estates
Neighborhood Type
Boating, Non-Gated
Included in Fees
Legal/Accounting, Reserve, Street Maintenance
HOA Restrictions
None
travel_luggage_and_bags Leasing Rules
Lease Limits
Yes
Leases Per Year
12
Minimum Days of Lease
28
Chris Farrugia, M.B.A.
Realtor® at The Listing Naples Group
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The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations. Copyright 2026 Southwest Florida MLS organizations. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.
Listing provided by Pfeifer Realty Group LLC.
