1245 Buttonwood Lane, SANIBEL, FL 33957 (MLS # 224024757)

Price $10,000,000
Status Active
Beds 6
Baths 5 Baths
Home size 5,210 sqft
Lot Size 1.34 ac
Days on Market 59
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.
Property Type(s): Single Family
Last Updated 3/21/2024 Tract METES AND BOUNDS
Year Built 1957 Community METES AND BOUNDS
Garage Spaces 2.0 County Lee

Additional Details

AIR Other
AIR CONDITIONING Yes
AREA SI01 - Sanibel Island
BUYER'S BROKERAGE COMPENSATION 2.5%
CONSTRUCTION Other, Wood Siding
EXTERIOR None, Other
FIREPLACE Yes
GARAGE Attached Garage, Yes
HEAT Other
INTERIOR Other, See Remarks, Tray Ceiling(s), Vaulted Ceiling(s)
LOT 1.343 acre(s)
LOT DESCRIPTION Irregular Lot, Other, Waterfront
PARKING Attached, Garage
POOL Yes
POOL DESCRIPTION In Ground, Private
SEWER Public Sewer
STORIES 1
STYLE One Story, Other, Ranch
SUBDIVISION METES AND BOUNDS
TAXES 20368.98
VIEW Yes
VIEW DESCRIPTION Bay
WATER Public

Location

 

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Listing provided by Jeffrey Burns, Premier Sotheby's Int'l Realty
Listing information is deemed reliable, but not guaranteed.

This IDX solution is (c) Diverse Solutions 2024.

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