A Truly Rare Sanibel Offering - Renovated CBS Pool Home with Guesthouse Entitlements!! Perfectly situated just two houses from the beach access at the end of Donax Street, this fully renovated CBS pool home delivers the ultimate combination of privacy, luxury, and location. Resting on an expansive half-acre double lot, the property offers an abundance of space to play, entertain, and expand. What truly sets this opportunity apart is the existing entitlements for a separate 2-bedroom “guesthouse”-an almost unheard-of privilege on Sanibel. Whether you envision a private “hunting lodge,” an elevated man-cave, a comfortable mother-in-law suite, or a one-of-a-kind pool house integrated into the lanai, the possibilities are as unique as the offering itself. Inside, the home has been completely reimagined with new everything-from tile flooring and fresh finishes to the shingle roof and all-new impact windows, sliders, and doors. The desirable split floor plan features 3 spacious bedrooms, 2 beautifully updated bathrooms, and a large dedicated laundry room. Step outside to enjoy your large caged pool and oversized screened lanai, perfect for soaking in the island lifestyle. This property shines as both a vacation home or monthly rental, with a prime location close to Sanibel's best shopping, dining, and historic attractions like the Sanibel Lighthouse. The shared-use path just out front makes biking or walking to all corners of the island a breeze, while the nearby causeway ensures quick on-off island access. This is not just a home-it's a truly special and unique opportunity to own one of Sanibel's most versatile and well-positioned properties.