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488 Lighthouse Way

Sanibel, FL 33957

4 bd 4 ba 3,286 sqft Built 1991 Lot 12,676 sqft single_family
Most recent sale
$3,445,000
Mar 15, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 9, 2024 Sold $4,150,000 Public Record
Jan 5, 2024 Sold $4,150,000 FLGulfCoastMLS
Nov 10, 2023 Price changed $4,295,000 SanibelCaptiva
Oct 8, 2023 Listed $4,695,000 SanibelCaptiva
Jul 8, 2023 Price changed $4,495,000 FLGulfCoastMLS
Jun 9, 2023 Listed $4,995,000 FLGulfCoastMLS
Jan 30, 2023 Listed $4,995,000 FLGulfCoastMLS
Jun 24, 2022 Listed $5,195,000 MLS #222048703
Mar 29, 2022 Listing removed $5,495,000 BonitaSprings
Mar 16, 2022 Price changed $5,495,000 MLS #2220167
Mar 3, 2022 Listed $5,995,000 MLS #2220167
Mar 15, 2021 Sold $3,445,000 Public Record
Mar 12, 2021 Sold $3,445,000 MLS #220081840
Feb 16, 2021 Relisted $3,695,000 MLS #220081840
Dec 28, 2020 Listed $3,695,000 MLS #2201047
Jan 16, 2019 Listing removed $3,335,000 SanibelCaptiva
Oct 19, 2018 Listed $3,335,000 MLS #2180975
Oct 18, 2018 Listed $3,335,000 MLS #218068572
Sep 27, 2013 Listing removed $2,495,000 SanibelCaptiva
Sep 27, 2013 Sold $2,000,000 Public Record
Oct 17, 2009 Listing removed $3,150,000 SanibelCaptiva
Feb 22, 2009 Listing removed $3,150,000 SanibelCaptiva
Feb 18, 2009 Price changed $3,150,000 MLS #2701539
Oct 30, 2007 Listed $3,395,000 MLS #2701539
Jan 15, 1997 Sold $900,000 Public Record
Feb 4, 1993 Sold $933,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $695,670 $2,920,975 $3,616,645 $50,936
2024 $695,670 $2,920,975 $3,616,645 $30,127
2023 $10 $1,672,204 $1,672,214 $24,437
2022 $2,038,638 $1,253,510 $3,292,148 $45,308
2020 $1,866,106 $26,729
2019 $1,824,151 $26,312
2017 $1,753,318 $26,404
2016 $1,717,256 $26,316
2015 $711,445 $1,032,247 $1,743,692 $26,840
2014 $1,691,785 $26,912
2013 $1,778,315 $18,841
2012 $1,851,986 $18,200
2011 $1,997,227 $18,682
2010 $1,096,538 $18,105
2009 $1,067,710 $17,478
2008 $1,066,640 $16,622

Property facts

Year built
1991
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
3,286 sqft
Lot size
12,676 sqft
ZIP code
33957
City
Sanibel
Street
Lighthouse Way
Coordinates
26.45216, -82.02624

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$20,670
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 488 Lighthouse Way last sell?
488 Lighthouse Way most recently sold on Mar 15, 2021 for $3,445,000.
What is the current tax assessment for 488 Lighthouse Way?
The most recent total assessment for 488 Lighthouse Way (year 2025) is $3,616,645 with $50,936 in property tax.
How does 488 Lighthouse Way's assessment compare to its last sale price?
The current assessment is 5.0% above the last sale price of $3,445,000.
When was 488 Lighthouse Way built?
488 Lighthouse Way was built in 1991.
How does 488 Lighthouse Way compare to others on Lighthouse Way?
We track 8 other properties on Lighthouse Way. Browse the list under "Other properties on Lighthouse Way" to compare beds, baths, and sale history.
What are the property facts for 488 Lighthouse Way?
488 Lighthouse Way is a 4 bed, 4 bath, 3,286 sqft, 12,676 sqft lot single_family.
Is 488 Lighthouse Way a flip candidate?
No — 488 Lighthouse Way does not appear in our flips dataset.
Is 488 Lighthouse Way a tax-appeal candidate?
No — 488 Lighthouse Way is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.2%
Implied 1-yr
-4.7%
2026 Q3
$998.4K
2026 Q4
$985.8K
ZIP 33957 — Median Price History + Forecast

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