$1,530,000
SOLD JUN 18, 2026

505 Lighthouse Way Sanibel, FL 33957

Sanibel Area
4 Beds
3.5 Baths
3,000 Sq Ft
0.31 Acre Lot

Sale Details

Date Sold: June 18, 2026

$510 Per Sq Ft

9% Below List Price

103 Days on Market

Highlights

  • Community Beach Access
  • Dock has access to electricity and water
  • Boat Lift
  • The Sanibel School Rated A-
  • Home fronts a seawall
  • In Ground Pool

About This Home

As of June 2026

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.

Last Agent to Sell the Property

Gregory Demaras

Pfeifer Realty Group LLC License #3402492 Listed on: 02/04/2026

Last Buyer's Agent

OTHER OTHER

Other

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,135

Year Built

  • Built in 1965

Lot Details

  • 13,714 Sq Ft Lot
  • Lot Dimensions are 130 x 100
  • Home fronts a seawall
  • Home fronts navigable water
  • Home fronts a canal
  • Cul-De-Sac
  • South Facing Home

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Metal Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,000 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 10 feet or more
  • Wood Burning Fireplace
  • Casement Windows
  • Sun or Florida Room
  • Travertine
  • Canal Views
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms

Pool

  • In Ground Pool
  • Spa
  • Pool Equipment Stays

Outdoor Features

  • Boat Lift
  • Dock has access to electricity and water
  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 28
  • Assessor Parcel Number 20-46-23-T2-01500.0280

Community Details

Overview

  • Lighthouse Way Homeowners Association, Phone Number (239) 233-2976
  • Sanibel Estates Subdivision

Recreation

  • Gulf Boat Access
  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,135

Year Built

Built in 1965

Lot Details

0.31 Acres

HOA Fees

$42 per month

Listing Details

  • Subdivision Name: Sanibel Estates
  • Class: Residential
  • Property Type: Single Family
  • Design: Two Story
  • Legal Description: SANIBEL ESTATES UNIT 4 OR 113 PG 652 LOT 28
  • Strap Number: 20-46-23-T2-01500.0280
  • Subject To F I R P T A: No
  • Year Built: 1965
  • Miscellaneous: Beach Access, Fireplace Wood
  • Folio Id: 10125898
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Elevator: No
  • Price Per S Q F T: 510
  • Appliances: Other Add Agt Note, See Remarks
  • Estimated Living Sq Ft: 3000
  • Bathrooms: 3
  • Bathrooms Display: 3/1
  • Bedrooms: 4
  • Ceiling: 10+ Ft Ceilings
  • Den: No
  • Fireplace: Yes
  • Flooring: Tavertine
  • Furnished: No
  • Furnishing: Unfurnished
  • Half Bathrooms: 1
  • Windows: Casement

Exterior Features

  • Waterfront: Canal Salt, Navigable, No Bridge, Seawall
  • Waterfront: Yes
  • Coastal Construction: Not Applicable
  • Ext Fin Trim: Stucco
  • Pool: Yes
  • View: Canal
  • Roads: Cul-de-Sac, Paved
  • Construction Stat: Concrete Block
  • Pool Description: Below Ground, Equipment Stays, Spa
  • Rear Exposure: South
  • Roof: Metal

Garage/Parking

  • Parking: Double Garage

Utilities

  • Sewer: City
  • Water: City, Irrigation System
  • Air Conditioner: Yes
  • Cooling: Central Air/Cooling, Other Add Agt Note, See Remarks
  • Heating: Central Heat

Condo/Co-op/Association

  • Association Fee: 500
  • Association Fee Period: Annually
  • Association Management: Lighthouse Way Homeowners Association
  • Management Company Phone: 239-233-2976
  • HOA: Yes

Association/Amenities

  • Community Amenities: Deeded Beach Access, Gulf Access, Restricted Rentals

Lot Info

  • Acres: 0.31
  • Geo Update Timestamp: 2026-02-04
  • Geo Address Line: 505 Lighthouse Way
  • Geo Primary City: Sanibel
  • Geo Quality: 0.95
  • Geo Subdivision: FL
  • Geo Zoom Level: 16
  • Lot Depth: 130
  • Lot Frontage: 100
  • Lot Number: 28
  • Lot Size Irregular: No
  • Lot Sq Ft: 13714
  • Lot Sq Ft Source: CRS Tax
  • Lot Features: Bulkhead/Seawall, Cul-de-Sac
  • Survey: No

Rental Info

  • Rental: No
  • Rent Type: Monthly

Tax Info

  • Tax Amount: 11135
  • Tax Year: 2025

3D Interior and Exterior Tours

Floorplans

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2026
Closed on
Jun 18, 2026
Sold by
Rosen and Rosen Spring
Bought by
Seller's Agent
Gregory Demaras
Pfeifer Realty Group LLC
Buyer's Agent
OTHER OTHER
Other
List Price
$1,687,000
Sold Price
$1,530,000
Premium/Discount to List
-$157,000
-9.31%
Views
225

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.86%

Purchase Details

Closed on
Mar 2, 2010
Sold by
Wooldridge Timothy R
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Aug 12, 1999
Sold by
Jorgensen Erik T and Jorgensen Christine W
Bought by
Rosen Ronald and Rosen Spring

Purchase Details

Closed on
Sep 15, 1993
Sold by
Lapp Wendell V
Bought by
Lapp Wendell V
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Sanibel, FL

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $1,530,000 Cape Coral Title
Trustee Deed -- Attorney
Warranty Deed $680,000 --
Deed -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $285,000 New Conventional
Previous Owner $285,000 Unknown
Previous Owner $500,000 New Conventional
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/18/2026 06/18/26 Sold $1,530,000 -9.3% $510 / Sq Ft
05/18/2026 05/18/26 Pending -- -- --
02/04/2026 02/04/26 For Sale $1,687,000 -- $562 / Sq Ft
Source: Sanibel & Captiva Islands Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $11,135 $803,736
2025 $11,135 $782,606
2024 $10,473 $766,954
2023 $10,473 $738,398 $0 $0
2022 $9,740 $716,891 $0 $0
2021 $10,206 $1,004,555 $850,947 $153,608
2020 $10,263 $686,401 $0 $0
2019 $10,096 $670,969 $0 $0
2018 $10,083 $658,458 $0 $0
2017 $10,087 $644,915 $0 $0
2016 $10,045 $849,872 $774,524 $75,348
2015 $10,223 $1,093,846 $788,236 $305,610
2014 -- $709,201 $700,518 $8,683
2013 -- $636,495 $510,748 $125,747
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Sanibel & Captiva Islands Association of REALTORS®

MLS Number: 2260154

Sanibel & Captiva Islands Association of REALTORS®

APN: 20-46-23-T2-01500.0280

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