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ActiveBeachesMLS
ActiveMLS® B26087682
$3,495,000

513 Lighthouse Way, Sanibel, FL 33957

Beds
4
Baths
4
Sqft
3,526
Est. payment$21,919/mo
Home type
Single Family Residence
Year built
1985
Lot size
13,939 sqft
Price / sqft
$991
HOA
$42/mo
Community
SANIBEL ESTATES

Property description

Discover waterfront living on Sanibel Island in this 3-bedroom, 4-bath residence with Gulf views on one side and canal views on the other. An elevator provides access between levels, while spacious living and dining areas, a well-appointed kitchen, and sunlit Florida room offer inviting spaces for living and entertaining. The primary suite features a water-view balcony. Outdoors, enjoy a screened pool, tropical landscaping, hammock, fire pit, and private dock. A game room with air hockey, foosball, and home theater seating adds recreation, while a dedicated workspace supports working from home. Enjoy Sanibel's shelling beaches, Lighthouse Beach Park, and nature preserves. Ideal as a primary residence or island retreat, with water views, boating access, and generous gathering spaces.

Listing activity

Days on market
11
Listed
Oct 13, 2026
MLS listing updated
Oct 22, 2026
Feed last checked
9 minutes ago

Listed by Onias Derilus · Pure Equity Realty LLC

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms
4
Bathrooms
4
Bathrooms (decimal)
4
Full bathrooms
4
Half bathrooms
0
Main-level bedrooms
2
Main-level bathrooms
2

Rooms & features

Rooms
3
Interior features
Bedroom Layout - Split, Built-in Features, Elevator, Walk-In Closet(s)
Flooring
Tile, Wood
Appliances
Range, Freezer, Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Washer
Fireplace
Yes
Fireplace features
Wood Burning
Furnished
Furnished

Heating & cooling

Heating
Central, Electric
Cooling
Ceiling Fan(s), Central Air, Electric
Property

Parking

Garage spaces
2
Garage
Yes
Carport
No
Parking spaces
2
Covered spaces
2
Parking features
Attached Garage, Garage
Attached garage
Yes

Exterior

Stories
3
Building area
7,926 sqft
Patio & porch
Patio - Screened, Patio, Deck
Exterior features
Balcony
Pool
Yes
Pool features
Concrete, Electric Heat, Equipment Included, Screen Enclosure
Waterfront
Canal Front, Navigable Water, Canal Width 81-120 Feet
Waterfront property
Yes
Spa
No

Lot

Lot size
13,939 sqft
Lot size (acres)
0.32 acres
Zoning
Low-density SFR
Construction

Type & style

Home type
Single Family Residence
Structure type
House
Architectural style
Contemporary, Key West, Stilt
Year built
1985
New construction
No

Materials

Construction
Concrete Block - No Stucco
Roof
Metal
Property condition
Resale
Levels
Three Or More
Faces
North
Utilities & green energy

Utilities

Sewer
Public Sewer
Water
Other
Utilities
Electricity Connected, Sewer Available, Water Available
Community & HOA

Community

Subdivision
SANIBEL ESTATES
MLS area
5940 - Other Florida County
MLS subarea
Other
Pets allowed
Call, Yes
55+ community
No

Association

Has association
Yes
Association fee
$500 annually
Estimated monthly dues
$42
Amenities
Beach Access
Services included
Common Areas
Association name
Lighthouse Way Homeowners Association
Association phone
+2 399-851-5254
Lease details

Not reported by the listing source.

Location

Area details

City
Sanibel
County
Lee
ZIP code
33957
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
B26087682
Possession
Close Of Escrow
Original list price
$3,495,000
Parcel number
204623t2015000290
Annual property tax
$23,930.1
Tax year
2025
Assessed value
$1,482,373
Tax legal description
SANIBEL ESTATES UNIT 4 OR 113 PG 652 LOT 29
Special listing conditions
Standard
Additional MLS details

Reported by the listing source

Association Amenities
Beach Access
Association Fee Frequency
Annually
Association Fee Includes
Common Areas
Association
Yes
Bathrooms Total Decimal
4
Bathrooms Total Integer
4
Building Area Total
7926
Construction Materials
Concrete Block - No Stucco
County Or Parish
Lee
Days On Market
11
Direction Faces
North
List Price
3495000
Listing Contract Date
2026-10-13
Living Area
3526
Lot Size Acres
0.32
Lot Size Area
13939.2
MLSArea Major
5940 - Other Florida County
MLSArea Minor
Other
Main Level Bathrooms
2
Main Level Bedrooms
2
Mls Status
Active
On Market Date
2026-10-13
Parking Total
2
Patio And Porch Features
Patio - Screened, Patio, Deck
Photos Count
12
Postal Code
33957
Property Sub Type
Single Family Residence
Property Type
Residential
Rooms Total
3
Senior Community
No
Standard Status
Active
State Or Province
FL
Status Change Timestamp
2026-10-13T15:48:54Z
Stories Total
3
Subdivision Name
SANIBEL ESTATES
Tax Assessed Value
1482373
Water Source
Other
Waterfront Features
Canal Front, Navigable Water, Canal Width 81-120 Feet
Tax Annual Amount
23930.1
Bathrooms Full
4
Pool Private
Yes
Bedrooms Total
4
Bathrooms Half
0
Financial Information: Estimated Monthly Assoc Recurring Fee
42

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
Oct 13, 2026ListedBeachesMLS$3,495,000$991/sqft

Public tax history

YearProperty taxesAssessment
2025$23,930$1,482,373

Payment calculator

Estimated monthly payment$21,919/moIllustrative estimate, not a loan offer.
Principal & interest
$18,135
Property taxes
$1,994
Insurance
$1,748
Association dues
$42

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

SANIBEL ESTATES

Sanibel · Lee County · 33957

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Not reported by the listing source.

School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

12 homes

Similar homes

4 homes
BeachesMLS

BeachesMLS · Listing courtesy of Pure Equity Realty LLC. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.