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, OneStory
  • 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 1.6 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 TrayCeilings,Fireplace,Other,SeeRemarks,VaultedCeilings
Sewer PublicSewer
Heating Other
Cooling Other
Utilities CableAvailable
Possession CloseOfEscrow
Roof Metal
Exterior Features None,Other
HOA 0.0
Garage Spaces 2.0
Association Fee Includes None
Architectural Style Other,Ranch,OneStory
Pool Features InGround
Construction Materials Other,WoodSiding
Pets Allowed Yes
Year Built 1957
View Bay
Stories 1
Property SubType SingleFamilyResidence
Tax Year 2023
Percent Ownership Single Family
Waterfront Features BayAccess
Community Features NonGated
County Lee
New Construction No
Property Type Residential
Association Amenities None
HOA / Comm Assn No
Attached Garage Yes
Subdivision Name METES AND BOUNDS
Facing Direction South
Garage Y/N Yes
Status Active
City SANIBEL
Land Lease Amount 0.0
View Y/N Yes
Senior Community Y/N No
MLS Area SI01 - Sanibel Island
Lot Size Units Acres
Waterfront Y/N Yes
Carport Spaces 0.0
Carport Y/N No
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 20368.98
Home Warranty Y/N No
Property Condition Resale
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Days on Market 64
Standard Status Active
Property Sub Type Additional SingleFamilyResidence
MobileHomeRemainsYN No
PostalCity SANIBEL
Legal Description PAR IN SEC 20 + 21 DESC IN OR1822 PGS2457 + 2455 W OF BUTTONWOOD RD
Condo Fee 0.0

Interior Features

Flooring Other
Furnished Y/N Unfurnished
Total Stories 1
Basement (Y/N) No
Air Conditioning Y/N No
Heating Y/N No
Window Features Other
Fireplace Y/N Yes
Full Baths 5
Total Bedrooms 6
Entry Level 1
Electric On Property Y/N No
Room Type Den,FloridaRoom
LivingAreaSource Appraiser
Total Baths 5

Exterior Features

Parking Features Attached,Garage
Lot Features IrregularLot,OversizedLot,Other
Water Source Public
Lot Size Area 1.343
Horses No
Spa No
Irrigation/Water Rights No
Building Area Total 6074.0
Lot Size Acres 1.343
Lot Size Source Appraiser
Covered Spaces 2.0
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No
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 $2.28M
$10M
Taxes
AVG $14,996
$20,368
Visits
AVG 794
790
Data Provided by Inside Real Estate®
Year Built
AVG 1986
1957

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