501 SALLY LEE DRIVE Ellenton, FL $ 795,000
501 SALLY LEE DRIVE
$ 795,000
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501 SALLY LEE DRIVE

Ellenton, FL, 34222
$ 795,000
Bedrooms3 Baths2.0 Sq 2,008

Monthly Estimate*

$ 5,491

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Single Family Home for sale in Ellenton, FL

for $795,000 with 3 bedrooms and 2 full baths. This 2,008 square foot home was built in 2000 on a lot size of 0.3.

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!

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Single Family Active

Price

$ 795,000

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 5,843

Style

Elevated Key West

Lot Size

0.3

Year Built

2000

Town/City

Ellenton

County/Region

Manatee

MLS | Web ID

A4712073

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Cable Available Public
Roof Metal
Appliances Dishwasher Dryer Microwave Range Washer
Zoning RSF4.5/C
Garage Spaces 4
Patio/Porch Features Covered Enclosed Patio Rear Porch
Architectural Style Elevated Key West
Pool Features In Ground Gunite Heated Salt Water Screen Enclosure
Security Features Security System
Construction Materials ICFs (Insulated Concrete Forms)
Pets Allowed Cats OK Dogs OK
Year Built 2000
View Water
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
Waterfront Features Canal - Saltwater Canal Front
County Manatee
New Construction false
Property Type Residential
Attached Garage true
Subdivision Name IBIS ISLE
Facing Direction East
Garage Y/N true
Other Structures Outdoor Kitchen Shed(s) Storage
Total Rooms 5
Full Baths 2
Status Active
Directions From 75 Exit 224 Head South/West Left on Sally Lee Follow to the island. House on Right.
City ELLENTON
Body of Water IBIS ISLE
Senior Community Y/N false
MLS Area 34222 - Ellenton
Lot Size Units Square Feet
Lot Size Square Feet 12894
Carport Spaces 0
Carport Y/N false
Listing Terms Cash Conventional FHA
Property Attached Y/N false
Land Lease Y/N false
Tax Annual Amount 5843.82
Property Condition Completed
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4712073
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Owner
Tax Lot 1
Legal Description LOT 1 IBIS ISLE SUB PI#10366.0010/2
Water View Canal
Water Access Type Bay/Harbor Canal - Saltwater Gulf/Ocean Gulf/Ocean to Bay Intracoastal Waterway River
Minimum Lease No Minimum
Water Access Y/N true
Additional Rooms Den/Library/Office Great Room Inside Utility
Water View Y/N true
Flood Zone Code AE
In Law Suite YN false
DockY/N true
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Interior
Interior Amenities Cathedral Ceiling(s) Ceiling Fan(s) Central Vacuum High Ceilings Living Room/Dining Room Combo Open Floorplan PrimaryBedroom Upstairs Solid Surface Counters Split Bedroom Stone Counters Thermostat
Flooring Carpet Luxury Vinyl
Furnished Y/N Unfurnished
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Half Baths 0
Laundry Features Inside Laundry Room
Total Bedrooms 3
Total Baths 2
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Exterior
Exterior Amenities Dog Run Irrigation System Outdoor Kitchen Outdoor Shower Private Yard Rain Gutters Storage
Fencing Fenced
Parking Features Golf Cart Parking Oversized Tandem Workshop in Garage
Lot Features Cul-De-Sac Flood Insurance Required In County
Water Source Public
Lot Size Area 12894
Foundation Details Concrete Perimeter Pillar/Post/Pier Slab
Spa false
Building Area Total 4812
Lot Size Acres 0.3
Road Surface Type Paved
Frontage Length Canal: 250
Private Pool true
Waterfront Y/N true
Covered Spaces 4
Road Frontage Type Street Paved
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* Excluded Features
List By
Fine Properties

Broker

jpatoray24@aol.com

Email

Affordability Calculator

$5,978
Per Month
92%
8%
0%
Monthly Principal & Interest
$5,491
Monthly Property Taxes
$487
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/6/2026$795,000 Listed Price

Map


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501 SALLY LEE DRIVE, Ellenton, FL, 34222 is a Single Family Home for sale at $795,000 with 2,008 sqft and a lot size of 0.3. 501 SALLY LEE DRIVE has 3 bedrooms, 2.0 baths, and was built in 2000. The property's zip code is 34222 which is in Ellenton, FL