Waterfront
Address
1245 Buttonwood Lane, Sanibel, FL
Price
$ 10,000,000
Property Attributes
  • MLS#224024757
  • TypeSingle Family
  • CountyLEE
  • CitySanibel
  • AreaSI01 - Sanibel Island
  • NeighborhoodMetes And Bounds
  • Zip33957
  • StyleRanch,One Story
  • Year Built1957
  • Taxes$ 20368
  • Price$ 10,000,000
  • Bedrooms6
  • Full Bathrooms5
  • Half Bathrooms0
  • Sqr Footage5210
  • Lot Size1.343 Acres
Data Source:
Florida Gulf Coast MLS (SWFLMLS)
Property Description

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.

Price History
3/18/2024 Listed $10,000,000

General Features

Interior Features Tray Ceiling(s),Fireplace,Other,See Remarks,Vaulted Ceiling(s)
Sewer Public Sewer
Heating Other
Cooling Other
Possession Close Of Escrow
Roof Metal
Exterior Features None,Other
Garage Spaces 2
Association Fee Includes None
Architectural Style Other,Ranch,One Story
Pool Features In Ground
Construction Materials Other,Wood Siding
Pets Allowed Yes
Year Built 1957
View Bay
Stories 1
Property SubType Single Family Residence
Tax Year 2023
Percent Ownership Single Family
Waterfront Features Bay Access
Community Features Non-Gated
County Lee
Property Type Residential
Association Amenities None
Attached Garage Yes
Subdivision Name METES AND BOUNDS
Facing Direction South
Garage Y/N Yes
Status Active
City SANIBEL
Buyer Agent Compensation 2.5%
View Y/N Yes
MLS Area SI01 - Sanibel Island
Waterfront Y/N Yes
Street Name Buttonwood
Tax Annual Amount 20368.98
Property Condition Resale
Days on Market 7
Standard Status Active
Property Sub Type Additional Single Family Residence
PostalCity SANIBEL
Legal Description PAR IN SEC 20 + 21 DESC IN OR1822 PGS2457 + 2455 W OF BUTTONWOOD RD

Interior Features

Flooring Other
Furnished Y/N Unfurnished
Total Stories 1
Window Features Other
Fireplace Y/N Yes
Full Baths 5
Street Suffix Lane
Total Bedrooms 6
Entry Level 1
Room Type Den,Florida Room
LivingAreaSource Appraiser
Total Baths 5

Exterior Features

Parking Features Attached,Garage
Lot Features Irregular Lot,Oversized Lot,Other
Water Source Public
Lot Size Area 1.343
Canal Width Canal Width 200+
Building Area Total 6074
Lot Size Acres 1.343
Lot Size Units Acres
Lot Size Source Appraiser
Covered Spaces 2
LotDimensionsSource Appraiser

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 33957

Price
AVG $2.26M
$10M
Taxes
AVG $15,357
$20,368
Visits
AVG 463
100
Data Provided by Inside Real Estate®
Year Built
AVG 1988
1957

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