Rare opportunity offered on Lighthouse Way. One of Sanibels most premier East End streets, this property presents an opportunity to create a custom waterfront residence in a location where finished homes consistently command top tier value. Just minutes to the Gulf with deep water, direct access boating, the property features a seawall, generous dock area, a 16,000 lb boat lift, and two additional davits. A boaters dream setup seldom available on the East End. The home offers all concrete block construction on both the first and second floors, providing a solid structural base for future plans. A new $90,000 commercial grade standing seam metal roof and fascia are already in place, representing a significant investment and a meaningful head start for the next owner. Outdoor elements include a pool and spa, mature tropical landscaping, and space for outdoor living and entertaining. This East End location allows for easy on and off island access, avoiding mid island traffic, while remaining within walking distance to the Sanibel Lighthouse, beaches, restaurants, shops, and local favorites. This is a rare chance to secure a Lighthouse Way address with direct Gulf access and build or renovate to suit your vision. Owner financing available.