IDX

Listed by Joseph Patoray, LLC · Courtesy of FINE PROPERTIES · 941-782-0000 · Agent MLS ID# MFR266509637 · Deemed reliable but not guaranteed. · Listing updated: Nov 7, 2026 · 11:51 AM

Active

501 SALLY LEE DR

Ellenton, Manatee, FL, 34222

$795,000

$396/sqft

3Beds
2Baths
2,008Sq Ft
2000Built
1Days on Market

About this home

EXCEPTIONAL WATERFRONT LIVING WITH 250 FEET OF WATER FRONTAGE AND DIRECT ACCESS TO THE MANATEE RIVER! Welcome to a truly distinctive Key West-style waterfront retreat, tucked away on the exclusive enclave of Ibis Island in Ellenton, a small collection of custom executive waterfront homes. Situated on an oversized, peninsula-like lot with tranquil saltwater canal frontage wrapping around two sides of the property, this extraordinary residence offers the perfect combination of coastal elegance, exceptional construction, boating access, and an entertainer's dream lifestyle. Built with durability and peace of mind at the forefront, this elevated residence features insulated concrete form (ICF) construction/power wall, metal framing, a long lasting metal roof, and construction engineered to withstand winds of up to 200 mph. The elevated design also contributes to remarkably affordable flood insurance at only 1,350$ per year, an increasingly valuable advantage for Florida waterfront living. The main living level encompasses over 2,000 square feet of a beautifully maintained, ride of ownership updated living space, featuring 3 true bedrooms plus a separate generously sized den or home office that easily rivals a fourth bedroom. Coastal-inspired luxury vinyl plank flooring flows throughout the coastal motif main living areas, complementing the home's bright, airy atmosphere. The open kitchen features bart top seating, serving island, sand swirl granite countertops, stainless steel appliances, ample cabinetry, and an inviting layout ideal for everyday living and entertaining. Guest bedroom and office/den enjoy private balcony access, while the expansive primary suite offers a peaceful retreat complete with dual vanities, a soaking tub, separate walk-in shower, and generous closet space. Step outside onto the rear balcony and take in the peaceful waterfront surroundings before descending the charming spiral staircase to your own private tropical oasis. A spectacular two-story screened lanai encloses the solar-heated saltwater pool, outdoor kitchen, and generous entertaining areas, creating the perfect setting for year-round Florida living. BUT WHAT TRULY SETS THIS PROPERTY APART IS THE INCREDIBLE GROUND-LEVEL SPACE! Behind two oversized tandem garage bays lies an expansive, versatile area with room to accommodate up to four vehicles, a boat, golf cart, recreational equipment, and all your favorite Florida toys. Beyond the garage, discover a climate-controlled bonus and recreation area with a mini-split A/C system, dedicated workshop, and sliding glass doors opening directly to the pool and lanai. Currently arranged as a pool lounge & bar, and comfortable entertaining space, this incredible level offers flexibility rarely found in waterfront properties or any Florida properties for that matter. It's a Florida BASEMENT! Additional highlights include newly installed A/C systems, new solar panels, updated interior paint and flooring, a dedicated laundry room, RV parking pad, lawn irrigation and meticulous upkeep throughout. Every aspect of this home reflects pride of ownership and thoughtful design. Call and schedule your private showing today!

Facts & Features

MFRA4712073
$795,000
Active
3
2
2
0
2,008 sqft
0.3000
2000
Residential
Single Family Residence
Elevated, Key West

Community Information

501 SALLY LEE DR
Ibis Isle
Ellenton
Manatee
FL
34222
No

Amenities

N/A
N/A
No
Yes
Yes

Interior

Ceiling Fans(s), High Ceilings, Open Floorplan, Split Bedroom, Cathedral Ceiling(s), Living Room/Dining Room Combo, Stone Counters, Thermostat, Solid Surface Counters, PrimaryBedroom Upstairs, Central Vaccum
Central
Central Air
Carpet, Luxury Vinyl
N/A
2
Dishwasher, Dryer, Microwave, Washer, Range

Exterior

Rain Gutters, Storage, Outdoor Shower, Outdoor Kitchen, Dog Run, Private Yard
ICFs (Insulated Concrete Forms)
Slab, Concrete Perimeter, Pillar/Post/Pier
Metal
Fenced
In County, Paved, Cul-De-Sac, Flood Insurance Required

School Information

N/A
N/A
N/A

Additional Information

November 6, 2026
1
RSF4.5/C
East
No

Mortgage Calculator

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This calculator provides estimates for informational purposes only and is not a loan offer, pre-approval, or commitment to lend. Actual rates, payments, and loan terms vary by lender and are subject to credit approval, income/asset verification, and market conditions. Property tax and homeowners insurance shown are estimates and may differ. PMI applies when the down payment is under 20%. For an official Loan Estimate, contact a licensed mortgage lender. FINE PROPERTIES is a licensed real estate brokerage, not a mortgage lender. Equal Housing Opportunity.

1 day on market

Listing updated: Nov 7, 2026 · 11:51 AM

Listed by: Joseph Patoray, LLC · 941-448-8971—FINE PROPERTIES · 941-782-0000

Updated from Real Estate Market Data

Location

AEAhmed ElbatrawyEmpire Network Realty

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