A rare opportunity to own a Bayfront home on one of Sanibel’s most prestigious private streets. Stunning beach home with panoramic water views. Meticulously built & maintained: metal roof (2020), new Hardi board siding, new impact windows & doors. New kitchen w/quartz tops, Grohe faucet, Sub-Zero, Wolf & Cove appliances. Renovated master bath w/new cabinet, sinks, Grohe fixtures & quartz top. All new HVAC units, new central vac unit, new fans, LED light fixtures. New paint inside & out. The view is like no other as you’ll feel like you’re sitting right on the water! Swim, fish, kayak, paddle board & shell all right from your own beach! Enjoy multiple porches & decks plus a crow’s nest offering 360-degree views. Pool is very private w/great light. Restaurants, Marina, Gulf beach access & more are all within a 10-minute walk or bike ride. Located on the East end just minutes from the bridge for easy ingress & egress. Home is offered fully furnished & Turnkey.
Sold for $4,150,000
$4,150,000
488 Lighthouse Way, Sanibel, FL 33957
4beds
3,286sqft
Single Family Residence
Built in 1991
0.29 Acres Lot
$3,772,400 Zestimate®
$1,263/sqft
$7,856 Estimated rent
Home value
$3,772,400
$3.32M - $4.23M
$7,856/mo
Zestimate® history
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List your homeWhat's special
Fully furnishedPaddle boardMeticulously builtNew fansNew hvac unitsNew impact windowsMultiple porches
Zillow last checked:
Listing updated:
Listed by:
Karen Bell 239-851-0168,
VIP Realty Sanibel and Captiva
Bought with:
Susan E McCallion, 3225968
McCallion and McCallion
Source: Sanibel And Captiva Island AOR,MLS#: 2230891
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Rooms
- Room types: DR/LR Combo, Kitchen, Laundry, Den
Primary bedroom
- Features: Carpet, Porch, Walk-In Closet(s)
Primary bathroom
- Features: Dbl Sinks, Sep. Shower, Sep. Tub
Heating
- Central
Cooling
- Ceiling Fan(s), Central Air, Zoned 3+ Cooling
Appliances
- Included: Cooktop, Dishwasher, Disposal, Dryer, Internet Ready, Microwave, Refrigerator-Ice maker, Electric Oven, Washer, Water Heater 2+
- Laundry: Laundry Room, Sink
Features
- Elevator Private, Storage, Central Vacuum, High Ceilings, Cathedral Ceiling(s), Elevator
- Flooring: Carpet, Luxury Vinyl, Tile, Wood
- Doors: Impact Resistant Doors, Wind Rated Garage Door
- Windows: Casement, Impact Resistant Windows, Skylight(s)
- Has fireplace: No
Interior area
- Total structure area: 6,250
- Total interior livable area: 3,286 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage Door Opener, Double Garage
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Patio & porch: Open Porch, Patio, Porch
- Has private pool: Yes
- Pool features: In Ground, Fenced, Private
- Spa features: Spa
- Has view: Yes
- View description: Bay
- Has water view: Yes
- Water view: Bay
- Waterfront features: Bayfront, Beach Access
Lot
- Size: 0.29 Acres
- Features: Survey Avail, Irregular Lot
Details
- Parcel number: 204623T2015000180
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Beach House,Contemporary
- Property subtype: Single Family Residence
Materials
- Frame, Hard-l-Board
- Foundation: Raised, Piling Concrete
- Roof: Metal
Condition
- Year built: 1991
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Security System, Smoke Detector(s)
- Subdivision: Sanibel Estates
HOA
- Has HOA: Yes
- HOA fee: $500 annually
- HOA phone: 239-851-5254
Location
- Region: Sanibel
Financial & listing details
- Price per square foot: $1,263/sqft
- Tax assessed value: $3,616,645
- Annual tax amount: $43,497
- Date on market: 10/8/2023
- Cumulative days on market: 68 days
- Listing terms: BTF/Cash
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 1/5/2024 | Sold | $4,150,000-3.4%$1,263/sqft |
Source:  Sanibel And Captiva Island AOR #2230891 Report a problem | ||
| 11/16/2023 | Pending sale | $4,295,000$1,307/sqft |
Source: Sanibel And Captiva Island AOR #2230891 Report a problem | ||
| 11/10/2023 | Price change | $4,295,000-8.5%$1,307/sqft |
Source: Sanibel And Captiva Island AOR #2230891 Report a problem | ||
| 10/8/2023 | Price change | $4,695,000+4.4%$1,429/sqft |
Source: Sanibel And Captiva Island AOR #2230891 Report a problem | ||
| 7/8/2023 | Price change | $4,495,000-10%$1,368/sqft |
Source: Sanibel And Captiva Island AOR #2230590 Report a problem | ||
| 1/30/2023 | Price change | $4,995,000-3.8%$1,520/sqft |
Source: Sanibel And Captiva Island AOR #2230149 Report a problem | ||
| 8/3/2022 | Pending sale | $5,195,000$1,581/sqft |
Source:  Florida Gulf Coast MLS #222048703 Report a problem | ||
| 6/24/2022 | Price change | $5,195,000-5.5%$1,581/sqft |
Source: Sanibel And Captiva Island AOR #2220495 Report a problem | ||
| 3/16/2022 | Price change | $5,495,000-8.3%$1,672/sqft |
Source: Florida Gulf Coast MLS #222015922 Report a problem | ||
| 3/3/2022 | Listed for sale | $5,995,000+74%$1,824/sqft |
Source: Florida Gulf Coast MLS #222015922 Report a problem | ||
| 3/15/2021 | Sold | $3,445,000-6.8%$1,048/sqft |
Source: Public Record Report a problem | ||
| 2/16/2021 | Pending sale | $3,695,000$1,124/sqft |
Source: Florida Gulf Coast MLS #220081840 Report a problem | ||
| 2/11/2021 | Contingent | $3,695,000$1,124/sqft |
Source:  Sanibel And Captiva Island AOR #2201047 Report a problem | ||
| 2/11/2021 | Pending sale | $3,695,000$1,124/sqft |
Source: Pfeifer Realty Group LLC #2201047 Report a problem | ||
| 12/28/2020 | Listed for sale | $3,695,000+10.8%$1,124/sqft |
Source: Pfeifer Realty Group LLC #220081840 Report a problem | ||
| 1/16/2019 | Listing removed | $3,335,000$1,015/sqft |
Source: VIP Realty Group,Inc #218068572 Report a problem | ||
| 10/18/2018 | Listed for sale | $3,335,000+66.8%$1,015/sqft |
Source: VIP Realty Group,Inc #218068572 Report a problem | ||
| 9/27/2013 | Sold | $2,000,000+122.2%$609/sqft |
Source: Public Record Report a problem | ||
| 1/15/1997 | Sold | $900,000$274/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $50,936 +69.1% | $3,616,645 +72.9% |
| 2024 | $30,128 +23.3% | $2,091,784 +25.1% |
| 2023 | $24,438 -46.1% | $1,672,214 -50.8% |
| 2022 | $45,309 +69.2% | $3,400,083 +79.7% |
| 2021 | $26,782 +0.2% | $1,892,231 +1.4% |
| 2020 | $26,729 +1.6% | $1,866,106 -9.6% |
| 2019 | $26,312 | $2,064,778 +15.3% |
| 2018 | $26,312 -0.2% | $1,790,138 +2.1% |
| 2017 | $26,360 -0.2% | $1,753,318 -6.6% |
| 2016 | $26,404 +0.3% | $1,877,284 +7.7% |
| 2015 | $26,316 -2% | $1,743,692 +3.1% |
| 2014 | $26,840 -0.3% | $1,691,785 -4.9% |
| 2013 | $26,912 +41.9% | $1,778,315 -4% |
| 2012 | $18,959 +1.5% | $1,851,986 -7.3% |
| 2011 | $18,682 -0.9% | $1,997,227 -0.9% |
| 2010 | $18,860 +7.9% | $2,015,465 -10.5% |
| 2009 | $17,478 +6.5% | $2,250,690 -9.9% |
| 2007 | $16,404 -2.7% | $2,497,340 +16.9% |
| 2006 | $16,858 -5.3% | $2,136,710 +11.9% |
| 2004 | $17,793 +1.6% | $1,910,240 +2.8% |
| 2003 | $17,519 +4.8% | $1,858,550 +10.5% |
| 2002 | $16,712 | $1,682,460 +81.9% |
| 2000 | -- | $924,940 |
Find assessor info on the county website
Neighborhood: 33957
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Nearby schools
GreatSchools rating
- 10/10The Sanibel SchoolGrades: PK-8Distance: 5.6 mi
- 5/10Cypress Lake High SchoolGrades: 9-12Distance: 9.8 mi
- 2/10South Fort Myers High SchoolGrades: 9-12Distance: 12.5 mi
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- Florida
- Lee County
- Sanibel
- 33957
- 488 Lighthouse Way
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