1245 Buttonwood Lane Sanibel, FL $ 10,000,000
1245 Buttonwood Lane
$ 10,000,000
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1245 Buttonwood Lane

Sanibel, FL, 33957
$ 10,000,000
Bedrooms6 Baths5.0 Sq 5,210

Monthly Estimate*

$ 66,463

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Single Family Home for sale in Sanibel, FL

for $10,000,000 with 6 bedrooms and 5 full baths. This 5,210 square foot home was built in 1957 on a lot size of 1.343.

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.

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Single Family Active

Price

$ 10,000,000

Bedrooms

6

Full Bath

5

Property Type

Single Family

Taxes

$ 20,368

Style

Ranch,One Story

Lot Size

1.343

Year Built

1957

Town/City

Sanibel

County/Region

Lee

MLS | Web ID

224024757

Features
General
Interior Features Tray Ceiling(s) Fireplace Other See Remarks Vaulted Ceiling(s)
Sewer Public Sewer
Heating Other
Cooling Other
Utilities Cable Available
Possession Close Of Escrow
Roof Metal
Exterior Features None Other
HOA 0
Garage Spaces 2
Association Fee Includes None
Architectural Style Other Ranch One Story
Pool Features In Ground
Construction Materials Other Wood Siding
Pets Allowed Yes
Year Built 1957
View Bay
Stories 1
Property SubType Single Family Residence
Tax Year 2023
Percent Ownership Single Family
Waterfront Features Bay Access
Community Features Non-Gated
County Lee
Property Type Residential
Association Amenities None
HOA / Comm Assn 0
Attached Garage 1
Subdivision Name METES AND BOUNDS
Facing Direction South
Garage Y/N 1
Status Active
City SANIBEL
Land Lease Amount 0
View Y/N 1
MLS Area SI01 - Sanibel Island
Waterfront Y/N 1
Carport Spaces 0
Carport Y/N 0
Street Name Buttonwood
Tax Annual Amount 20368.98
Property Condition Resale
Days on Market 64
Standard Status Active
Property Sub Type Additional Single Family Residence
Legal Description PAR IN SEC 20 + 21 DESC IN OR1822 PGS2457 + 2455 W OF BUTTONWOOD RD
Condo Fee 0
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Interior
Flooring Other
Furnished Y/N Unfurnished
Total Stories 1
Window Features Other
Fireplace Y/N 1
Full Baths 5
Half Baths 0
Street Suffix Lane
Total Bedrooms 6
Entry Level 1
Room Type Den Florida Room
Total Baths 5
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Exterior
Parking Features Attached Garage
Lot Features Irregular Lot Oversized Lot Other
Water Source Public
Lot Size Area 1.343
Spa 0
Building Area Total 6074
Lot Size Acres 1.343
Lot Size Units Acres
Lot Size Source Appraiser
Covered Spaces 2
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* Excluded Features
List By
Jeffrey Burns

Listing Agent

Premier Sotheby's Int'l Realty

Broker

jeff.burns@premiersir.com

Email

Affordability Calculator

$68,160
Per Month
98%
2%
0%
Monthly Principal & Interest
$66,463
Monthly Property Taxes
$1,697
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1023546 Elementary School
1023297 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/18/2024$10,000,000 Listed Price

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1245 Buttonwood Lane, Sanibel, FL, 33957 is a Single Family Home for sale at $10,000,000 with 5,210 sqft and a lot size of 1.343. 1245 Buttonwood Lane has 6 bedrooms, 5.0 baths, and was built in 1957. The property's zip code is 33957 which is in Sanibel, FL