1245 Buttonwood LN Active

Sanibel,FL 33957

$ 10000000

6 Beds

5 Baths

5210 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 5,210 sqft

Price per Sqft $1,919

Subdivision Metes And Bounds

MLS Listing ID 224024757

Bedrooms 6

Full Baths 5

Originating Board Florida Gulf Coast

Year Built 1957

Annual Tax Amount $20,368

Tax Year 2023

Lot Size 1.343 Acres

Acres 1.343

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.

Location

State FL

County Lee

Area Si01 - Sanibel Island

Interior

Interior Features Den - Study,Florida Room,Tray Ceiling(s),Vaulted Ceiling(s)

Heating Other,Fireplace(s)

Cooling Other

Flooring Other

Fireplace Yes

Window Features Other

Appliance Other

Exterior

Exterior Feature Dock

Garage Spaces 2.0

Pool In Ground

Community Features None,Non-Gated

Utilities Available Cable Available

Waterfront Description Bay

View Y/N No

View Bay

Roof Type Metal

Garage Yes

Private Pool Yes

Building

Lot Description Across From Waterfront,Irregular Lot,Oversize

Story 1

Sewer Central

Water Central

Level or Stories 1 Story/Ranch

Structure Type Wood Siding

New Construction No

Others

HOA Fee Include None

Tax ID 21-46-23-T1-00001.0000

Ownership Single Family

Acceptable Financing Buyer Finance/Cash

Listing Terms Buyer Finance/Cash

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