8 months on rocket

1245 Buttonwood Ln, Sanibel, FL, 33957

$10,000,000

6 Bedrooms
5 Full Baths
5,210 SqFt
$1,919/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Garage
Attached Garage2 spaces
Year Built1957
HeatingOther
CoolingOther
WaterfrontBay
ViewBay
Private PoolYes
MLS #224024757
Lot Size1.34 Acres
StatusActive

About 1245 Buttonwood Ln

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.

Property Details

Property Features

Property Information:

  • Architectural Style: Other, Ranch, One Story
  • Year Built: 1957
  • Stories: 1
  • Living Area: 5,210 SqFt

Listing Office:

  • Office Name: Premier Sotheby's Int'l Realty
  • Office Phone: (239) 472-2735
  • Listing Agent: Jeffrey Burns

Interior Features

Interior Information:

  • Flooring Type: Other
  • Interior: Tray Ceiling(s), Fireplace, Other, See Remarks, Vaulted Ceiling(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Bay
  • View: Bay
  • Exterior: None, Other

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Garage

Lot Features

Lot Information:

  • Lot: Irregular Lot, Oversized Lot, Other
  • Lot Size: 1.34 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Other

Price Information

Listing Price Info

Price Summary:

  • List Price: $10,000,000
  • Price Per SqFt: $1,919/SqFt

Tax Information:

  • Annual Amount: $36,360
  • Tax Year: 2020
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Sanibel, FL.

Med. Sold Price

$988.7K

Med. Price/SqFt

$564

Avg. Days On Market

219

# of Sold Homes

6

1245 Buttonwood Ln vs Sanibel

249 DAYS ON ROCKET

+30 Days

$10,000,000

+$9.0M More

$1,919/SqFt

+$1.3K More

KEY TAKEAWAY

This property is $9.0M more than the Median Sold Price and $1.3K/SqFt more than other homes in Sanibel, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SWFL
  • MLS Number: #224024757

Listing Office:

  • Office Name: Premier Sotheby's Int'l Realty
  • Office Phone: (239) 472-2735
  • Listing Agent: Jeffrey Burns

IDX The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is for consumers` 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 has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/22/2024, 4:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 28, 2008Home Sold
$4,186,300
Apr 19, 2000Home Sold
$2,000,000
Apr 05, 1999Home Sold
$1,617,000

Tax History

YEARPROP. TAXASSESSMENT
2020$36,360$2,532,654
2019$35,791$2,475,713
2018$35,861$2,429,552
2017$35,927$2,379,581

History based on county public records data.

Payment Calculator

$49.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$30K

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-676886
10
/10
  • Fort Myers Beach Elementary School

  • 2751 Oak St

  • 5.25 miles

  • Public District Grades KG-5

school-card-donut-676887
5
/10
  • Harlem Heights Community Charter School

  • 15570 Hagie Dr

  • 7.41 miles

  • Public Charter Grades KG-5

school-card-donut-676888
7
/10
  • Heights Elementary School

  • 15200 Alexandria Ct

  • 7.72 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $195,833. The majority of Sanibel, FL residents have income $200k+ annually. Residents typically live in married, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1245 Buttonwood Ln

What is the listing price of this property?

The listing price of 1245 Buttonwood Ln property is $10,000,000.

What type of property is this?

The property 1245 Buttonwood Ln is a house located in Sanibel, Florida, 33957.

Is this property for sale now?

Active Listing: 1245 Buttonwood Ln is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $36,360 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 28, 2008 for $4,186,300. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1245 Buttonwood Ln has 6 bedrooms and 5 bathrooms.

What is the square footage of this property?

The property 1245 Buttonwood Ln is 5,210 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1245 Buttonwood Ln is 1957.
Rocket Homes logo

Interested in 1245 Buttonwood Ln? Let's connect.

Let Us Contact You

By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.


Rocket HomesFloridaLee CountySanibel339571245 Buttonwood Ln

This home is located at 1245 Buttonwood Ln in Sanibel, FL and zip code 33957. This 5,210 square foot home, which was built in 1957, sits on a 1.34 acre lot. Features: 6 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since March 18, 2024 and is currently priced at $10,000,000.

In October 2024, from all listings sold in Sanibel, FL there were more than 0 sold above asking price, over 6 sold below and more than 0 were sold right at the asked price. The number of listings in Sanibel, FL increased by 13.3% between September 2024 and October 2024. Listings spent 219 days on the market in October 2024, and had a median list price of $988,750 during the same period.

From Rocket Homes Real Estate and based on county public records data.

More Resources