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$1,542,319

Listing Price

4beds

3baths

2,836sqft

13,721sqft lot

505 Lighthouse Way, Sanibel, FL 33957

Member Features

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  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Single Family

Home type

543.84

Price / sqft

1965

Year built

Home Details

Rare opportunity offered on Lighthouse Way. One of Sanibels 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 boaters 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.

Interior Details

Square Feet
  • 2836

Bedrooms
  • 4

Bathrooms
  • 3

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Forced Air With Air Conditioning

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Central

Fuel
  • Has Fuel:

    Yes

  • Fuel Type:

    Electric

Basement
  • Has Basement:

    No

  • Basement Type:

    N/A

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    Tile (unspecified)

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 13721

Water
  • No

Sewer
  • No

Parking
  • Type:

    Garage, Attached

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    2

Deck
  • No

Patio
  • No

Fence
  • No

Pool
  • No

Porch
  • No

Stoop
  • No

Breezeway
  • No

Construction Details

Number of Stories
  • 2

Style
  • Colonial

Exterior
  • Concrete Block

Foundation
  • N/A

Roof
  • Flat

Roofing Material
  • Builtup (layered Asphalt)

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$10,263

$0

$0

--%

$686,401

2019

$10,095

$0

$0

--%

$670,969

2018

$10,082

$0

$0

--%

$658,458

2017

$10,086

$0

$0

--%

$644,915

2016

$10,044

$0

$0

--%

$631,650

2014

$10,237

$0

$0

--%

$709,201

2013

$10,281

$0

$0

--%

$636,496

2012

$9,661

$0

$0

--%

$953,992

percent-home-icon

Average Home Price in 33957

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Bed

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Sold Date

$1,100,009

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Sold 06/24/2026

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3 Beds

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Sold 05/26/2026

$1,800,000

4 Beds

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Sold 10/13/2026

$1,310,467

3 Beds

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Sold 10/26/2026

$1,034,108

4 Beds

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13,678 Lot (sqft)

Sold 10/26/2026

$2,595,000

2 Beds

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Sold 10/26/2026

$2,750,000

4 Beds

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Sold 10/27/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
1,542,319
$
Down payment
308,463.8
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
9,253.91
$
HOA (Monthly)
0
$
PMI
0
$
$9,984
Your Payment
Total Monthly Payment:$9,984
Percent of Income:171%
Affordable:No

Details for 505 LIGHTHOUSE WAY

Property Debt

Foreclosure Contact Details