1245 Buttonwood Ln Active

Sanibel,FL 33957

$ 10000000

6 Beds

5 Baths

5210 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,210 sqft

Price per Sqft $1,919

Subdivision Metes And Bounds

MLS Listing ID 2240284

Bedrooms 6

Full Baths 5

HOA Y/N No

Year Built 1953

Annual Tax Amount $29,889

Tax Year 2022

Lot Size 1.340 Acres

Property Description

This stunning once in a generation bayfront property is on Sanibel's east end very near the historic lighthouse and lighthouse beach and at the end of the quaint and private Buttonwood Lane. This extremely unique estate offers approximately 1.6 acres of land, 150 feet of bay frontage offering a beautiful beach, and a private boat dock extending out into the sparkling bay waters. The uniqueness doesn't only pertain to the parcel's size and location, per the City of Sanibel Planning Department, the property is allocated 3 dwelling units per Development Permit 88-7456. Minimum lot size is 15,000 sf in the D2 – Upland Wetlands ecological zone. The property is large enough to achieve 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 main 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.

Location

State FL

County Lee County

Location Details Bayfront

Interior

Heating Other Add Agt Note

Cooling Other Add Agt Note

Flooring Other Add Agt Note,See Remarks

Fireplace Yes

Exterior

Pool Below Ground

Waterfront Description Yes

View Bay,See Remarks

Roof Type Metal

Private Pool Yes

Building

Sewer City

Water City

View More
Favorite Go Tour