Location, Location, Location! This 1st time on the market bay residence is one-of-a-kind. Unique bay-front setting features panoramic views of the Bay & Gulf of Mexico. Envision watching the dolphins play, manatees meander & pelicans hover, from your pool deck. Allow waves and gentle breezes to rock you to sleep. This desirable East-end retreat is arguably one of Florida's most coveted coastal, serene settings. Located on 200' on the bay by 184' of privacy, nestled at the end of Ferry Rd cul-de-sac, down a private sand road with only four homes, this over-sized bay-front lot encompasses an elevated 5 bedroom, 4 bath, pool home with expansive multi-level decks, including spa deck off master bedroom, an open air pool with large recreational space. A bay-side garage door allows for launching your personal jet skis, small water craft or kayaks at your secluded beach, noted for world-class boating and shoreline fishing. Just a short stroll down the beach lands you at the historical Sanibel Pier & Lighthouse or cross Periwinkle Way for your deeded easement beach access to the Gulf. The open floor plan with separate guest wing designed by island resident architect Ray Fenton offers ideal living areas creating a balance of privacy & shared space. Interior features includes staircase next to elevator shaft (elevator ready design) to service main living level. French doors draw your attention to the wood burning fireplace enclave. This extraordinary water front setting can be renovated or developed to your personal taste.