Skip to content
Property for sale at 501 SALLY LEE DRIVE, ELLENTON, FL, 34222
Property for sale at 501 SALLY LEE DRIVE, ELLENTON, FL, 34222
1 / 76

501 Sally Lee DriveEllenton, FL, 34222

3beds
2baths
2,008sqft
Single Family Residence
Built in 2000
$795,000
For sale
Price per sqft
$396
Days on market
1
Listed
Nov 6
MLS #A4712073Updated Nov 7, 2026

About this property

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!

Top Villas Intelligence

Projected rental revenue and ownership costs
Sign in to view rental intelligenceSee projected rental revenue, ownership costs, operating yield, and supporting evidence.
Interested in this property?
Gaby, Property Specialist
Speak to GabyProperty Specialist, SerhantGaby can arrange a viewing, answer your questions and prepare a personalized rental projection.
+1 (407) 490-0475
No pressure. Your details stay private.

Property details

Property type
Single Family Residence
Street address
501 Sally Lee Drive
City
Ellenton
State
FL
ZIP code
34222
Year built
2000
New construction
No
Attached property
No
Faces
East
Rooms
5
Building stories
2
Living area
2,008 sqft
Total building area
4,812 sqft
Levels
Two

Stellar MLSThe data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of Stellar MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; the availability of any listing should always be independently verified. Listing information is provided for consumers' personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.Stellar (MFR) data last updated at November 7, 2026 at 4:30 PM EST

Price & sale history

EventPrice
Listed for saleMLS #A4712073$795,000
SoldMLS #A4145431$465,000
Listed for saleMLS #A4145431$479,000
History may be incomplete.
Explore nearby sales

Location

Property for sale at 501 SALLY LEE DRIVE, ELLENTON, FL, 34222
Learn more about this propertyGet in touch for more information
We will use your details to respond to this request and may share them with a suitable real estate professional when needed. Marketing is optional.