About 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.
Features of 505 Lighthouse Way
| MLS® # | 2026005751 |
|---|---|
| Price | $1,687,000 |
| Sold Price | $1,530,000 |
| Bedrooms | 4 |
| Bathrooms | 4.00 |
| Full Baths | 3 |
| Half Baths | 1 |
| Square Footage | 3,000 |
| Acres | 0.32 |
| Year Built | 1965 |
| Type | Residential |
| Sub-Type | Single Family |
| Style | Two Story, Single Family |
| Status | Closed |
Community Information
| Address | 505 Lighthouse Way |
|---|---|
| Area | SI01 - Sanibel Island |
| Subdivision | SANIBEL ESTATES |
| City | SANIBEL |
| County | Lee |
| State | FL |
| Zip Code | 33957 |
| Community Type | Boating, Non-Gated |
Amenities
| Amenities | Beach Access, Community Gulf Boat Access |
|---|---|
| Parking | Driveway Paved, Attached |
| # of Garages | 2 |
| Garages | Attached |
| View | Canal |
| Is Waterfront | Yes |
| Pets Allowed | No Approval Needed |
| Waterfront | Canal, Navigable, Seawall |
| Has Pool | Yes |
| Pool | Pool/Spa Combo, Below Ground, Equipment Stays |
| Elevator | None |
Interior
| Interior Features | Fireplace, Foyer, French Doors, Volume Ceiling |
|---|---|
| Appliances | Other |
| Heating | Central Electric |
| Cooling | Central Electric |
| Fireplace | Yes |
Exterior
| Exterior | Concrete Block, Stucco |
|---|---|
| Exterior Features | Boat Dock Private, Boat Lift, Concrete Dock, Elec Avail at dock, Hoist/Davit, Water Avail at Dock, Wooden Dock, Open Porch/Lanai, Outdoor Kitchen |
| Lot Description | Cul-De-Sac, Regular |
| Roof | Metal |
| Construction | Concrete Block, Stucco |
Additional Information
| Date Listed | February 4th, 2026 |
|---|---|
| Date Sold | June 18th, 2026 |
| Days on Market | 217 |
| Foreclosure | No |
| Short Sale | No |
| Annual Recurring Fees | $500 |
| HOA Fees | 500 |
Listing Details
| Office | Pfeifer Realty Group LLC |
|---|