See Home Value
$3,376,357*
House - Off Market

550 Lighthouse WAY

SANIBEL, FL 33957
bedrooms
4 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
4000 Sqft
$2,700,000 - $3,298,000
Reference Base Price*
12.55%
Since Nov 1, 2021
National-US
Primary Model
Sold Apr 14, 2021
$2,775,000
$1,665,000 by Wells Fargo Bank Na
Mortgage Due May 01, 2036
Sold Mar 03, 2009
Transfer

About This Property

Spectacular Bayfront home on quiet and desirable Lighthouse Way. Lots of glass, sweeping views of the causeway and San Carlos Bayfrom every floor., multiple terraces, private sandy beach. Large kitchen with stainless appliances, wood and tile floors. Light and brightFloribbean beach style, large pool with spa, elevator and fully furnished. Please note price is FIRM!

The manager has listed the unit size as 4000 square feet.
Unit Size
4,000Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$750
Property Type
House
Property Taxes
-
HOA Dues
$25
Year Built
1993

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
Apr 14, 2021 Sold to Lora Rendall, Peter Rendall $2,775,000
Sold to Lora Rendall, Peter Rendall
Feb 27, 2021 In contract -
In contract
Dec 5, 2020 Listed $2,999,999
Listed
Sep 17, 2020 No longer available -
No longer available
Show More

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1995
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Good
  • Building Quality: A
  • Building Style: Colonial
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Cathedral
  • Roof Cover Type: Concrete
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Type: Finished improved basement
  • Basement Area: 617
  • Garage Type: Attached
  • Garage Square Area: 675
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 13,460
  • Lot Size Depth Feet: 1,160
  • Lot Size Frontage Feet: 1,080
  • Total Building Area: 7,824
  • Gross Building Area: 7,824
  • Building Area: 4,329
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 4,329
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SANIBEL ESTATES
  • Land Acres: 0.309
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SANIBEL ESTATES UNIT 4 OR 113/652 653 LOT 11

Ownership

  • Current Owner : RENDALL PETER
  • Current Owner 2: RENDALL LORA
  • Previous Owner : LHWSAN LLC
  • Owner Before Previous Owner: MCNAMARA THOMAS J
  • Owner Before Previous Owner 2: MCNAMARA TERESA C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lee County School District
  • Census Tract: 080202

Geography

  • Assessors Map Reference: 13-20
  • Account Number: 10125881
  • Subdivision Tract Number: T2
  • Parcel: 20-46-23-T2-01500.0110
  • Block: 1500
  • Lot: 11
  • Meridian: SEC 20 TWN 46S RNG 23E
  • Municipality: CITY OF SANIBEL
  • Latitude: 26.452
  • Longitude: -82.0286

    Address

  • Full Address: 550 Lighthouse Way
  • Legal Unit: 4
  • Address - House Number: 550
  • Address - Street Name: Lighthouse
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Sanibel
  • Carrier Code: R005
  • 4-Digit Zip Code: 3906
  • Zip Code: 33957

Valuation

    Tax

  • Total Area: 4,835
  • Tax Year: 2023
  • Tax Amount: $25,294
  • Tax Rate Code Area: 010

    Appraisal Valuation

  • Standard Deviation: 0.462
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 7
  • Final Value: 4,425,092
  • High Value: 6,469,623
  • Low Value: 2,380,560

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,665,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Apr 14, 2021
  • First Open Lien Mortgage Loan Amount: $1,665,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2036

    Market Valuation

  • Market Total Value: $1,772,352
  • Market Land Value: $1,772,342
  • Market Improvement Value: $10

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,772,352
  • Assessed Land Value: $1,772,342
  • Assessed Improvements Value: $10

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 12, 2021
  • Current Sale Recording Date: Apr 14, 2021
  • Current Sale Transaction ID: 11831578291
  • Current Sale Price: $2,775,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021000118220
  • Previous Sale Recording Date: Mar 03, 2009
  • Previous Sale Contract Date: Feb 03, 2009
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Apr 14, 2021
  • First Mortgage Loan Amount: $1,665,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2036



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
4 Baths
3,340 ft²
$1,048/ft²
$3,500,000 Feb 24, 2023
-
$3,609/mo
House
4 Beds
3.5 Baths
3,018 ft²
$828/ft²
$2,500,000 Jan 31, 2023
-
$4,135/mo
Townhouse
3 Beds
3.5 Baths
2,288 ft²
$1,202/ft²
$2,750,000 Sep 7, 2022
-
$9,423/mo

About East End Sanibel


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Frequently Asked Questions

When was property at 550 Lighthouse Way built and last sold?
The property at 550 Lighthouse Way was built in 1993 and last sold on Apr 12, 2021 for $2,775,000.
How much is this home worth?
The estimated value of the home located at 550 Lighthouse Way is $3,029,649.
What are some comparable homes to 550 Lighthouse Way?
There are currently no comparable homes to 550 Lighthouse Way.

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