• Sign Up
  • Log In
Hari Pallempati | WATERSEDGE REALTY GROUP, LLC
Hari Pallempati
(612) 889-3324hari@myfloridafriend.com
    • Our Featured Rentals
    • Search
    • Buying
      • Buying Info
      • Featured Listings
      • Search Homes
    • Selling
    • Sold
    • About
      • Learn More
      • Meet Hari
      • Our Testimonials
    • Communities
    • Articles
    • Contact
    • Hari Pallempati(612) 889-3324
      hari@myfloridafriend.com
      Copy Email
    • WatersEdge Realty Group, LLC
      9990 Coconut Road Unit 305
      Estero, FL 34135
      (239) 745-8090

    Explore

    • Property Search
    • Communities
    • Buying
    • Selling

    About

    • About
    • Contact Us
    • Testimonials
    • Home
    Hari Pallempati | WATERSEDGE REALTY GROUP, LLC - Footer Logo
      • Privacy
      • Terms
      • DMCA
      • Accessibility
      • Fair Housing
      © 2026 WATERSEDGE REALTY GROUP, LLC. All rights reserved.
      Website built by CloseHack.
      My Florida Regional MLS DBA Stellar MLS

      IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Hari Pallempati | WATERSEDGE REALTY GROUP, LLC

      Florida Gulf Coast MLS

      IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

      $10,000,000
      For Sale

      1245 Buttonwood Lane

      Sanibel, FL 33957
      1.60 acres | #2026000206
      • Save
      • Contact
      • Share
      • Price Change Alerts
      30 photos
      Type:Purchase
      Structure:Land
      Zone:Residential

      Description

      There are only a select few offerings along Florida’s Gulf Coast that can be described as irreplaceable. This extraordinary bayfront estate on Sanibel Island stands firmly among them. Set on approximately 1.6 acres, this is one of the largest buildable bayfront parcels on Sanibel Island, distinguished not only by its scale, but by its exceptional east-end location near the historic Sanibel Lighthouse. Tucked away at end of private Buttonwood Lane, the property enjoys a rare sense of seclusion while remaining just a short distance to Sanibel’s world-renowned white-sand beaches and moments from convenient on-and-off island access. The estate boasts approximately 150 feet of direct bay frontage, where gentle shoreline sands meet the shimmering waters of San Carlos Bay. A new private dock extends gracefully into the bay, offering immediate boating access and an ever-changing panorama of sunrises, passing vessels, and coastal wildlife, also an ideal gateway for boating, paddleboarding or sunset cruises. Beyond its natural beauty, the property’s distinction lies in its extraordinary development potential. According to the City of Sanibel Planning Department (Development Permit88-7456), the parcel is allocated three dwelling units within the D2 – Upland Wetlands ecological zone, with a minimum lot size of 15,000 square feet. The generous acreage allows for subdivision into three single-family parcels, presenting a spectrum of possibilities from a legacy bayfront compound to an intimate enclave of luxury residences, or a singular estate of remarkable scale and presence. Opportunities of this caliber, where size, zoning flexibility, waterfront access and historic location converge, are exceedingly rare. Properties like this have not been available for decades, and it is unlikely one will present itself again. This is more than a parcel of land, it is a once-in-a-generation opportunity to reimagine and create something exceptional along the bay on Sanibel Island.

      • Property Details
          • Lot DescriptionOversizedLot, SeeRemarks, DeadEnd
          • SubdivisionMETES AND BOUNDS
          • Sewer InformationPublicSewer
          • Original List Price$10,000,000
          • Property SubtypeResidential
          • MLS #2026000206
          • Cost10000000.0
          • MLS #2026000206
          • Property TypePurchase
          • Taxes Annual$20,724
          • Utility SourcePublic
          • Utility FeaturesOther
          • ViewBay
          • Acres1.6
          • CountyLee
          • Hoa Fees0.0

      Location

      Legal

      IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

      Last Updated: Today at 12:35 AM. Source: FLGCMLS

      Provided By
      Listing Agent: Jeffrey Burns (#3058718)
      Listing Office: Premier Sotheby's Int'l Realty (#FPSI)

      Hari Pallempati | WATERSEDGE REALTY GROUP, LLCReal Estate Group
      Facebook
      Google
      OR

      Interested in Purchasing 1245 Buttonwood Lane?

      Get an estimate on monthly payments on this property.

      Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

      Estimated Monthly Payment
      $0.00
      Loan Amount
      $0.00
      $
      years

      Down Payment

      $
      %
      10.0%

      Interest Rate

      %
      6.0%

      Tax Rate

      %
      2.6%
      $
      $
      annually
      $
      monthly