Metes And Bounds, 1245 Buttonwood Ln Sanibel, FL, 33957

$10,000,000Price
6Beds
5Baths
5,210SqFt

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Details

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Status:
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Parking: 2
Size: 5,210 ft2 / 484 m2
Price: $1,919 ft2 / $20,660 m2
Built: 1957
HOA: N/A
MLS Number: 224024757
View: Bay
Updated: 11 Days ago
Page Views: 0
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.
Features
Bedrooms
Bedrooms: 6
Bathrooms
Bathrooms: 5
Half Bathrooms: No info
Exterior and Lot Features
Exterior Features: Boat Dock Private
View: Bay
Price History
03/18/2024

Date

Listed

Event

$10M

Price

$1,919 ft2 / $20,660 m2

Price Per

Price per square foot and days on website are not provided values and are calculated by Subdivisions.

Listed by Jeffrey BurnsPremier Sotheby's Int'l Realty • Buyer Agency Compensation .

Instant Comparative Market Analysis
$100/ft²
$700/ft²
$1,400/ft²
$2,100/ft²

Unit 1245 Buttonwood Ln – Asking

$1,919/ft²

(+413%) from Closed Medium $/ft²

Closed Medium $/ft²

$374/ft²
Community $/Price Range (Closed) $110/ft² – $901/ft²
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