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$ 10,000,000
Est. payment | /mo
6 Beds
5 Baths
5,210 SqFt
$ 10,000,000
Est. payment | /mo
6 Beds
5 Baths
5,210 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
Listed by Jeff Burns • Premier Sotheby's Int'l Realty
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