$3,975,900
$1M PRICE DROP

628 Lighthouse Way Sanibel, FL 33957

Estimated payment $23,802/month

Total Views 2,273
4 Beds
5.5 Baths
3,608 Sq Ft
$1,102 Price per Sq Ft

Highlights

  • Community Beach Access
  • Access to Bay or Harbor
  • Bay View
  • Sanibel Elementary School Rated A-
  • Heated In Ground Pool
  • Traditional Architecture

About This Home

Seller to offer $200,000 credit to buyer if transaction closes by 8/31/25. Experience the pinnacle of waterfront luxury in this breathtaking bayfront estate, ideally positioned on Sanibel Island’s most prestigious bayfront street. With unparalleled panoramic views of the sparkling blue waters of Estero Bay from nearly every room, this rare offering captures the essence of coastal elegance. On the desirable east end of the island at end of a quiet cul-de-sac, this private sanctuary is being offered for the first time since it construction by the renowned Wolter Group in 1998. Boasting over 3,600 square feet of living space, this magnificent residence is designed for grand entertaining and intimate relaxation. With four spacious bedrooms, six luxurious baths and a private den, there is ample space for family and guests to enjoy. A private elevator provides effortless access to every floor, while the expansive resort-style pool area offers an outdoor paradise with a private walkway leading to your bayfront coastline. The estate’s mesmerizing water views extend beyond the bay, offering picturesque marina views across the canal. Recent updates, including a new roof, new propane tank, refreshed pool screens and extensive landscaping, ensure the home is pristine and move-in ready. Don’t miss your chance to make this bayfront dream your reality.

Listing Agent

Tim Drobnyk

Premier Sotheby's Int'l Realty License #258002358 Listed on: 02/20/2025

Premier Sotheby's Int'l Realty

Co-Listing Agent

Daniel Williams

Premier Sotheby's Int'l Realty License #280597417

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,855

Year Built

  • Built in 1998

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 105 x 135 x 105 x 135
  • Cul-De-Sac
  • South Facing Home
  • Sprinkler System

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Florida Architecture
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,608 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace
  • Single Hung Windows
  • Sliding Windows
  • Open Floorplan
  • Formal Dining Room
  • Den
  • Bay Views

Kitchen

  • <<doubleOvenToken>>
  • Electric Cooktop
  • <<microwave>>
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Impact Glass
  • High Impact Door
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool
  • In Ground Spa
  • Outside Bathroom Access
  • Screen Enclosure
  • Pool Equipment or Cover

Outdoor Features

  • Access to Bay or Harbor
  • Glass Enclosed
  • Porch

Schools

  • Choice Elementary And Middle School
  • Choice High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 5 / 1500
  • Assessor Parcel Number 20-46-23-T2-01500.0050

Community Details

Overview

  • Association Phone (239) 851-5254
  • Sanibel Estates Subdivision

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,855

Year Built

Built in 1998

Lot Details

0

HOA Fees

$42 per month

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.325
  • Lot Size: 105 x 135 x 105 x 135
  • Co List Office Mls Id: FPSI
  • Co List Office Phone: 239-472-2735
  • Ownership: Single Family
  • Subdivision Name: SANIBEL ESTATES
  • Architectural Style: Florida, Two Story, Traditional
  • Carport Y N: No
  • Entry Level: 2
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1998
  • Property Sub Type Additional: Single Family Residence
  • Pets No Pets Comments: ,,,
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Spa Features: In Ground
  • Private Spa: Yes
  • Appliances: Double Oven, Dryer, Dishwasher, Electric Cooktop, Disposal, Ice Maker, Microwave, Refrigerator, RefrigeratorWithIce Maker, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Interior Amenities: Bathtub, Closet Cabinetry, Cathedral Ceiling(s), Separate/Formal Dining Room, Family/Dining Room, Fireplace, Kitchen Island, Living/Dining Room, Separate Shower, Upper Level Primary, Walk-In Closet(s), Window Treatments, Elevator, Split Bedrooms
  • Living Area: 3608.0
  • Dining Room Type: Den
  • Stories: 3
  • Window Features: Single Hung, Sliding, Impact Glass, Window Coverings

Exterior Features

  • Lot Features: Cul-De-Sac, Sprinklers Automatic
  • Pool Features: Electric Heat, Heated, In Ground, Outside Bath Access, Pool Equipment, Screen Enclosure
  • Pool Private: Yes
  • View: Bay
  • View: Yes
  • Waterfront Features: Bay Access
  • Waterfront: Yes
  • Disclosures: Familial Relation, Owner Has Flood Insurance
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Exterior Features: Security/High Impact Doors, Sprinkler/Irrigation, Other
  • Foundation Details: Raised
  • Patio And Porch Features: Glass Enclosed, Porch
  • Property Condition: Resale
  • Roof: Tile

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Parking Features: Attached, Driveway, Garage, Paved

Utilities

  • Laundry Features: Inside, Laundry Tub
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Natural Gas Available, High Speed Internet Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Beach Rights, Beach Access, None, See Remarks
  • Association Fee: 500.0
  • Association Fee Frequency: Annually
  • Phone: 239-851-5254
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: CHOICE
  • High School: CHOICE
  • Middle Or Junior School: CHOICE

Lot Info

  • Parcel #: 20-46-23-T2-01500.0050

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 20854.54
  • Tax Block: 1500
  • Tax Lot: 5
  • Tax Year: 2024

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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
2024 $23,881 $1,477,053 $1,477,043 $10
2023 $23,881 $1,674,026 $1,674,016 $10
2022 $25,726 $1,891,357 $0 $0
2021 $25,987 $2,614,183 $958,500 $1,655,683
2020 $25,934 $1,810,916 $0 $0
2019 $25,529 $1,770,201 $0 $0
2018 $25,575 $1,737,194 $0 $0
2017 $25,617 $1,701,463 $0 $0
2016 $25,530 $2,307,013 $958,500 $1,348,513
2015 $26,039 $2,127,463 $958,500 $1,168,963
2014 -- $2,001,105 $958,500 $1,042,605
2013 -- $2,383,653 $824,700 $1,558,953
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2025 07/01/25 Price Changed $3,975,900 -3.0% $1,102 / Sq Ft
05/19/2025 05/19/25 Price Changed $4,099,995 -8.8% $1,136 / Sq Ft
04/17/2025 04/17/25 Price Changed $4,494,500 -7.3% $1,246 / Sq Ft
03/30/2025 03/30/25 Price Changed $4,850,000 -4.9% $1,344 / Sq Ft
02/20/2025 02/20/25 For Sale $5,100,000 -- $1,414 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed $775,000 --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $800,000 No Value Available
Source: Public Records

Similar Homes in Sanibel, FL

  • 1258 Anhinga Ln, Sanibel, FL 33957

    $3,950,000

    • 4 Beds
    • 4 Baths
    • 3,897 Sq Ft
    • 1258 Anhinga Ln
    • Sanibel, FL

    Bayfront Residence with Panoramic Views on Sanibel Island Offered for the first time since its construction by the esteemed Wolter Group, this exceptional bayfront estate has been cherished by one family for more than 30 years. Perfectly positioned east of the causeway for effortless access on and off the island, the home is located just a block from the shops and dining of the east end village.

    Jeff Burns Premier Sotheby's Int'l Realty

    Section Image
  • 408 Bella Vista Way E, Sanibel, FL 33957

    $3,484,000

    • 4 Beds
    • 4 Baths
    • 3,340 Sq Ft
    • 408 Bella Vista Way E
    • Sanibel, FL

    Nestled in an exclusive beachfront gated community, this stunning residence offers the perfect blend of luxury, comfort, and timeless Old Florida style architecture. Matching the wonderful location, this home is a coastal dream offering views of the Gulf of Mexico from both living levels to compliment the gorgeous finishes. Step inside to find a spacious, open floor plan with exquisite wood

    Jeff Burns Premier Sotheby's Int'l Realty

    Section Image
  • 1114 Seagrape Ln, Sanibel, FL 33957

    $3,300,000

    • 3 Beds
    • 2 Baths
    • 2,123 Sq Ft
    • 1114 Seagrape Ln
    • Sanibel, FL

    Your serenity by the sea can be found in this exquisite newly built home on Sanibel’s charming East end, literally just one property from the beach. Top-of-the-line construction perfectly blends with impeccable taste to offer this bastion of peace and tranquility. Elevated on concrete pilings not only gives you peace-of-mind but the coconut’s eye view fills almost every impact rated window with

    Jeff Burns Premier Sotheby's Int'l Realty

    Section Image
  • 1290 Bay Dr, Sanibel, FL 33957

    $3,675,000

    • 3 Beds
    • 2 Baths
    • 2,705 Sq Ft
    • 1290 Bay Dr
    • Sanibel, FL

    There are a few once in a generation locations and this is one. At the end of prestigious Bay drive is a hidden harbor, home to a stunning boat basin and amazing direct access canal. Extending into this idyllic setting is a peninsula of seawalled land hosting this awe inspiring residence. With water views usually only enjoyed from the bridge of a yacht, this completely remodeled home offers

    Jeff Burns Premier Sotheby's Int'l Realty

    Section Image
  • 1490 Angel Dr, Sanibel, FL 33957

    $3,795,000

    • 4 Beds
    • 3 Baths
    • 3,584 Sq Ft
    • 1490 Angel Dr
    • Sanibel, FL

    A rare Sanibel waterfront sanctuary, where luxury meets the open bay. Tucked away at the meeting point of two saltwater canals and vast expanse of San Carlos Bay, this reimagined Sanibel retreat is a masterclass in waterfront living. With only a handful of homesites on the island offering this level of exclusivity, the owners saw an opportunity to create a residence worthy of its location

    Jeff Burns Premier Sotheby's Int'l Realty

    Section Image
  • 1581 San Carlos Bay Dr, Sanibel, FL 33957

    $3,995,000

    • 4 Beds
    • 3.5 Baths
    • 3,976 Sq Ft
    • 1581 San Carlos Bay Dr
    • Sanibel, FL

    Luxury Coastal Living Redefined – A Waterfront Sanctuary on Sanibel Island Where the wide bay meets the deep canal, this extraordinary residence delivers a lifestyle that feels more like living aboard a private yacht than a traditional home. Surrounded by water on both the front and back, with sweeping views of the bay to one side and one of Sanibel’s widest, deepest sailboat-access canals to the

    Jeff Burns Premier Sotheby's Int'l Realty

    Section Image
  • 5071 Joewood Dr, Sanibel, FL 33957

    $4,950,000

    • 4 Beds
    • 7 Baths
    • 4,056 Sq Ft
    • 5071 Joewood Dr
    • Sanibel, FL

    Welcome to your island slice of paradise! This extraordinary home encapsulates the perfect blend of luxury, privacy and natural beauty. Built on 20-foot-high concrete pilings, this property offers sweeping Gulf views while still being nestled in your own private tropical oasis. This serene retreat welcomes you with an enclosed courtyard offering beautiful foliage and a bubbling fountain. Upon

    David Schuldenfrei Gopher Enterprises of Sanibel & Captiva Islands Corp

    Section Image
  • 6351 Sanibel Captiva Rd, Sanibel, FL 33957

    $4,999,999

    • 4 Beds
    • 4 Baths
    • 2,152 Sq Ft
    • 6351 Sanibel Captiva Rd
    • Sanibel, FL

    **Gulf-Front Paradise on Sanibel Island** Step into your dream coastal retreat with this stunning elevated beachfront home on the pristine shores of Sanibel Island. Boasting panoramic sunset views over the Gulf, this four-bedroom, four-bath home offers the ultimate island living. Enjoy peace of mind with elevated construction, impact glass windows/doors, wood floors throughout and direct beach

    Melanie Holaway John R. Wood Properties

    Section Image
  • 628 Lighthouse Way, Sanibel, FL 33957

    $3,975,900

    • 4 Beds
    • 5.5 Baths
    • 3,608 Sq Ft
    • 628 Lighthouse Way
    • Sanibel, FL

    Seller to offer $200,000 credit to buyer if transaction closes by 8/31/25. Experience the pinnacle of waterfront luxury in this breathtaking bayfront estate, perfectly positioned on Sanibel Island’s most prestigious bayfront street. With unparalleled panoramic views of the sparkling blue waters of Estero Bay from nearly every room, this rare offering captures the essence of coastal elegance.

    Tim Drobnyk Premier Sotheby's Int'l Realty

    Section Image

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 225019715

Florida Gulf Coast Multiple Listing Service

APN: 20-46-23-T2-01500.0050