1245 Buttonwood Ln, SANIBEL

$10,000,000

6 Beds
5 Baths
5,210 Sqft
1.34 Acres
2 Garages

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.

Essential Information
MLS® #224024757
Price$10,000,000
Bedrooms6
Bathrooms5.00
Full Baths5
Square Footage5,210
Square Footage6074.00
Acres1.34
Year Built1957
TypeResidential
Sub-TypeSingle Family
StyleOther, Ranch, One Story
StatusActive
Community Information
Address1245 Buttonwood Ln
AreaSI01 - Sanibel Island
SubdivisionMETES AND BOUNDS
CitySANIBEL
CountyLee
StateFL
Zip Code33957
Amenities
AmenitiesNone
ParkingAttached, Garage
# of Garages2
GaragesAttached, Garage
ViewBay
Is WaterfrontYes
WaterfrontBay Access
Has PoolYes
PoolIn Ground
Features

Irregular Lot, Oversized Lot, Other

Interior
InteriorOther
HeatingOther
CoolingOther
FireplaceYes
# of Stories1
Stories1
Interior Features

Tray Ceiling(s), Fireplace, Other, See Remarks, Vaulted Ceiling(s)

Exterior
ExteriorOther, Wood Siding
Exterior FeaturesNone, Other
WindowsOther
RoofMetal
ConstructionOther, Wood Siding
Lot Description

Irregular Lot, Oversized Lot, Other

Additional Information
Date ListedMarch 18th, 2024
HOA Fees0.00
Listing Details
OfficePremier Sotheby's Int'l Realty
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