Create Your Vision-Build New or Restore Old Florida Charm on Sanibel IslandThis remarkable 0.61-acre waterfront estate offers a truly rare opportunity on Sanibel Island-craft your custom dream home among neighboring residences valued in the mid-low $3 millions, or embrace the timeless allure of Old Florida living with two existing cottages ready to be beautifully revived.The main cottage features 3 bedrooms and 2 baths, while the separate guest cottage offers a private 1-bedroom, 1-bath retreat-...Create Your Vision-Build New or Restore Old Florida Charm on Sanibel IslandThis remarkable 0.61-acre waterfront estate offers a truly rare opportunity on Sanibel Island-craft your custom dream home among neighboring residences valued in the mid-low $3 millions, or embrace the timeless allure of Old Florida living with two existing cottages ready to be beautifully revived.The main cottage features 3 bedrooms and 2 baths, while the separate guest cottage offers a private 1-bedroom, 1-bath retreat-ideal for visitors, extended family, or rental potential. Perfectly positioned on one of the island's most coveted stretches of water, the property boasts direct deepwater Gulf access with no bridges, along with over 100 feet of water frontage and sought-after western exposure, delivering nightly sunsets over sparkling Dinkins Bayou. The sweeping, big-water views create an unforgettable backdrop for any vision. For boating enthusiasts, the property is a standout-equipped with a substantial dock, an impressive 10,000-pound lift, and ample space for multiple vessels. You're just five minutes by boat to the Intracoastal Waterway, opening endless opportunities for fishing, island hopping, and coastal exploration. Whether you're dreaming of a sophisticated new waterfront estate or restoring the classic charm of the existing cottages, this property offers unmatched potential in one of Sanibel Island's most private and premier locations. A rare offering-claim your piece of paradise.