$10,000,000
Active
110 Days Online
6 Beds5 Baths5,210 SQFT
Active

1245 Buttonwood Lane Sanibel, FL 33957

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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 1.6 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.

  • Property TypeSingle Family Home
  • NeighborhoodMetes And Bounds
  • CountyLee
  • Taxes$20,368
  • HOA/Condo/Coop Fees$0
  • Days on Site109 Days
  • MLS StatusActive
  • MLS ID Number224024757
  • Home Size Source Appraiser
  • Year Built1957
  • Lot Size1.343 Acres
  • Full Baths5
  • Partial BathsN/A

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General Features

  • Style OtherRanchOne Story
  • Construction OtherWood Siding
  • Parking AttachedGarage
  • Sewer Public Sewer
  • Number of Stories 11
  • Acreage 1.343
  • Water Public
  • Property Sub Type Single Family Residence
  • Garage Spaces 2
  • Attached Garage Yes
  • Utilities Cable Available
  • Direction Faces South

Interior Features

  • Cooling Other
  • Heating Other
  • Flooring Other
  • Furnished? Unfurnished
  • Interior Tray CeilingsFireplaceOtherSee RemarksVaulted Ceilings
  • Window Features Other
  • Fireplace Yes

Exterior Features

  • Roof Metal
  • View Bay
  • Pool true
  • Spa No
  • Pool Features In Ground
  • Waterfront Property Yes
  • Waterfront Features Bay Access
  • Private Pool true
  • Exterior NoneOther
  • Lot Irregular LotOversized LotOther

Community Features

  • Association Dues 0
  • Association Amenities None
  • Pets Yes
  • Community Features Non Gated
  • MLS Area SI01 - Sanibel Island

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Monthly Payment (Est.)

$52,956
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