Sarasota's Premier Homes

505 SALLY LEE DRIVE

ELLENTON , FL 34222

MLS#: TB8433762

$655,000

Status: Active
Listing number: TB8433762
Listing provided by: EXP REALTY LLC
Listing agent phone: None
Last update: a day ago
On site: a month ago
Browse Properties
IBIS ISLE - Residential

Property

Beds

2

Full Baths

2

1/2 Baths

None

Year Built

1992

Sq.Footage

1,392

***GREAT NEW PRICE*** Live in it, use it as a vacation rental or both! This Key West-style waterfront home in Ibis Isle in Ellenton offers a rare blend of coastal charm and modern updates. Perched on stilts with 83 feet of saltwater canal frontage, the property provides direct access to the Manatee River and sits less than 10 miles from the Gulf Coast. The open floor plan is flooded with natural light from skylights, hurricane-resistant windows, and sliding doors, creating a bright and airy ambiance throughout over 1,390 square feet. The kitchen features stone counters and a wine refrigerator, while the primary suite opens to walk-in closets. Step outside to your private pool (installed 2016) surrounded by paver driveway and lush landscaping, or relax on the expansive wrap-around porch (rebuilt 2018). The concrete dock is equipped with electric, water supply, and a fish cleaning station—perfect for fishing enthusiasts. Recent updates include a new roof, insulation, and pool pump (2024), plus new AC and water heater (2020). With no HOA fees or deed restrictions, this third-acre property offers freedom, flexibility, and endless opportunities for waterfront living.

Features & Amenities

Interior

  • Other Interior Features

    High Ceilings, Open Floorplan, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s)

  • Total Bedrooms

    2

  • Bathrooms

    2

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Central, Electric

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Frame

  • Other Exterior Features

    Awning(s), Lighting, Rain Gutters, Storage, Dock

  • Parking

    Circular Driveway, Driveway

  • Pool

    Yes

  • Pool Features

    In Ground, Private

  • Waterfront YN

    YES

  • View

    Canal, Water

Area & Lot

  • Lot Features

    Waterfront

  • Lot Size(acres)

    0.32

  • Property Type

    Residential

  • Property Sub Type

    Single Family Residence

Price

  • Sales Price

    $655,000

  • Tax Amount

    7211.95

  • Sq. Footage

    1, 392

  • Price/SqFt

    $470

HOA

  • Association

    No

School District

  • Elementary School

    James Tillman Elementary

  • Middle School

    Lincoln Middle

  • High School

    Palmetto High

Property Features

  • Stories

    1

  • Ownership

    Fee Simple

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    2

  • Water Source

    Public

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Location

County

Manatee

Elementary School

James Tillman Elementary

Middle School

Lincoln Middle

High School

Palmetto High

Listing Courtesy of Benjamin Whetstone , EXP REALTY LLC

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Agent MichaelGraf

Business Coach | Executive Sales Associate | Realtor®

MichaelGraf

Call Michael today to schedule a private showing.

(941) 315-6980

michael@thegrafgroupvip.com


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***GREAT NEW PRICE*** Live in it, use it as a vacation rental or both! This Key West-style waterfront home in Ibis Isle in Ellenton offers a rare blend of coastal charm and modern updates. Perched on stilts with 83 feet of saltwater canal frontage, the property provides direct access to the Manatee River and sits less than 10 miles from the Gulf Coast. The open floor plan is flooded with natural light from skylights, hurricane-resistant windows, and sliding doors, creating a bright and airy ambiance throughout over 1,390 square feet. The kitchen features stone counters and a wine refrigerator, while the primary suite opens to walk-in closets. Step outside to your private pool (installed 2016) surrounded by paver driveway and lush landscaping, or relax on the expansive wrap-around porch (rebuilt 2018). The concrete dock is equipped with electric, water supply, and a fish cleaning station—perfect for fishing enthusiasts. Recent updates include a new roof, insulation, and pool pump (2024), plus new AC and water heater (2020). With no HOA fees or deed restrictions, this third-acre property offers freedom, flexibility, and endless opportunities for waterfront living.

505 SALLY LEE DRIVE

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