1245 Buttonwood LN SANIBEL FL 33957 MLS #224024757

1245 Buttonwood LN
SANIBEL, FL, 33957
$10,000,000
6 Beds
5 Baths
5,210 SqFt
1.34 Acres
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Listing Provided Courtesy of Premier Sotheby’s Int’l Realty
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.

Property Details

Price:
$10,000,000
MLS #:
224024757
Status:
Active
Beds:
6
Baths:
5
Address:
1245 Buttonwood LN
Type:
Single Family
Subtype:
Ranch,Single Family Residence
Subdivision:
METES AND BOUNDS
City:
SANIBEL
Listed Date:
Mar 18, 2024
State:
FL
Finished Sq Ft:
5,210
ZIP:
33957
Lot Size:
58,501 sqft / 1.34 acres (approx)
Year Built:
1957
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Schools

Interior

Appliances
Other
Bathrooms
5 Full Bathrooms
Cooling
Other
Heating
Other

Exterior

Architectural Style
Ranch, Single Family
Construction Materials
Wood Siding
Exterior Features
Boat Dock Private
Parking Features
Attached
Parking Spots
2
Roof
Metal

Financial

Buyer Agent Compensation
2.5%%
Tax Year
2023
Taxes
$20,369

Map

Community

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