This stunning once-in-a-generation bayfront property is on Sanibel's east end, near the historic lighthouse and Lighthouse Beach, and at the end of the quaint and private Buttonwood Lane. This highly unique estate offers approximately 1.3 acres of land, 150 feet of bay frontage with a beautiful beach, and a private boat dock extending out into the sparkling bay waters. The rarity doesn't only apply to the parcel's size and location- per the City of Sanibel Planning Department, the property is allocated three dwelling units per Development Permit 88-7456. The minimum lot size is 15,000 square feet in the D2–Upland Wetlands ecological zone. The property is large enough to achieve the minimum lot size for three single-family parcels. The options for this parcel are as incredible as the bay views the properties would enjoy. This is a very rarely seen opportunity to develop a bayfront compound or small community. The current structures were remediated and include a primary home, guest house, pool, and storage area. Opportunities like this haven't been seen in decades and will likely not be seen again. This is an opportunity to bring back something truly special along the bay on Sanibel Island.
Call or text Ryan Schwartz at 239.500.8000
Irregular Lot, Oversized Lot, Other
Tray Ceiling(s), Fireplace, Other, See Remarks, Vaulted Ceiling(s)
Irregular Lot, Oversized Lot, Other
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| Listings | Average DOM | Average Price | Average $/SF | Median $/SF | List/Sale price | |
|---|---|---|---|---|---|---|
| Active | 27 | 153 | $6,247,241 | $1,345 | $26,985,000 | $10,000,000 |
| Sold (past 6 mths) | 18 | 215 | $2412111 | $712 | $3,995,000 | $10,000,000 |
$12,000,000
4 Beds • 5 Baths • 5,475 Sqft
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$7,995,000
5 Beds • 6 Baths • 5,812 Sqft
Step Into The Definition Of Coastal Elegance With This Custom-built Masterpiece, Completed In 2021, Directly Located On The Shores Of The Gulf Of M...
$9,950,000
4 Beds • 5 Baths • 6,639 Sqft
The Best Of The Best In Sw Florida Living. Offering A Gorgeous Beachfront Estate With Breathtaking Gulf Views On Sanibel Island, Fl. Perfectly Si...
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