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!
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!
Property Details
Price:
$795,000
MLS #:
A4712073
Status:
Active
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
IBIS ISLE
Neighborhood:
34222ellenton
Listed Date:
Nov 6, 2026
Finished Sq Ft:
2,008
Total Sq Ft:
4,812
Lot Size:
12,894 sqft / 0.30 acres (approx)
Year Built:
2000
See this Listing
Schools
Interior
Appliances
Dishwasher, Dryer, Microwave, Range, Washer
Bathrooms
2 Full Bathrooms
Cooling
Central Air
Flooring
Carpet, Luxury Vinyl
Heating
Central
Interior Features
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
Laundry Features
Inside, Laundry Room
Levels
Two
Exterior
Architectural Style
Elevated, Key West
Attached Garage YN
1
Construction Materials
ICFs (Insulated Concrete Forms)
Covered Spaces
4
Direction Faces
East
Exterior Features
Dog Run, Irrigation System, Outdoor Kitchen, Outdoor Shower, Private Yard, Rain Gutters, Storage
Fencing
Fenced
Garage Spaces
4
Lot Features
Cul-De-Sac, Flood Insurance Required, In County
Other Structures
Outdoor Kitchen, Shed(s), Storage
Parking Features
Golf Cart Parking, Oversized, Tandem, Workshop in Garage
Patio And Porch Features
Covered, Enclosed, Patio, Rear Porch
Roof
Metal
Security Features
Security System
View
Water
Waterfront Features
Canal – Saltwater, Canal Front
Financial
Tax Year
2025
Taxes
$5,844
Map
Community
- Address501 SALLY LEE DRIVE ELLENTON FL
- SubdivisionIBIS ISLE
- CityELLENTON
- CountyManatee
- Zip Code34222
Subdivisions in ELLENTON
- ACREAGE
- ALFORD & VOWELLS
- BOUGAINVILLEA PLACE
- BREAKWATER
- COLONY COVE
- COVERED BRIDGE ESTATES PH 1
- COVERED BRIDGE ESTATES PH 2B&3B
- COVERED BRIDGE ESTATES PH 3A
- COVERED BRIDGE ESTATES PH 4A 4B 5A&5B
- COVERED BRIDGE ESTATES PH 4A4B5A&5B
- COVERED BRIDGE ESTATES PH 6C 6D&6E
- COVERED BRIDGE ESTATES PH 6C6D&6E
- COVERED BRIDGE ESTATES PH 7A-7E
- ELLENTON REAL ESTATE CO 2ND SUB
- GAMBLE PLANTATION SHORES
- HIGHLAND SHORES FIRST UNIT
- HIGHLAND SHORES FOURTH UNIT
- HIGHLAND SHORES SECOND UNIT
- HIGHLAND SHORES THIRD UNIT
- IBIS ISLE
- LEFFINGWELLS SUB
- MANALEE
- MANALEE FIRST ADD
- MANATEE MOORINGS CONDO
- MARWOOD
- NORTH RIVER ESTATES
- OAK CREEK
- OAKLEAF HAMMOCK
- OAKLEAF HAMMOCK PH II
- OAKLEAF HAMMOCK PH III
- OAKLEAF HAMMOCK PH IV
- OAKLEAF HAMMOCK PH V
- OAKLEY PLACE
- PATTEN HOMESTEAD
- PLANTATION BAY PH 1-C
- RIDGEWOOD MEADOWS PH I
- RIDGEWOOD MEADOWS PH II & III
- RIDGEWOOD OAKS PH I
- RIDGEWOOD OAKS PH II & III
- RIDGEWOOD OAKS PH IV
- RIVER PLACE
- SOUTH OAK
- TERRA SIESTA MOBILE HOME PARK CO-OP
- TIDEVUE DE SOTO COMMUNITY UNIT ONE
- TIDEVUE ESTATES FIRST ADD
- TIDEVUE ESTATES SECOND ADD
- TIDEVUE/DE SOTO COMMUNITY UNIT ONE
- TOWN/ELLENTOWN
- TROPICAL HARBOR SEC 2
Market Summary
Current real estate data for Single Family in ELLENTON as of Nov 08, 2026
47
Single Family Listed
111
Avg DOM
241
Avg $ / SqFt
$554,787
Avg List Price
Property Summary
- Located in the IBIS ISLE subdivision, 501 SALLY LEE DRIVE ELLENTON FL is a Single Family for sale in ELLENTON, FL, 34222. It is listed for $795,000 and features 3 beds, 2 baths, and has approximately 2,008 square feet of living space, and was originally constructed in 2000. The current price per square foot is $396. The average price per square foot for Single Family listings in ELLENTON is $241. The average listing price for Single Family in ELLENTON is $554,787. To schedule a showing of MLS#a4712073 at 501 SALLY LEE DRIVE in ELLENTON, FL, contact your CENTURY 21 Carioti agent at 2392986550.
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Courtesy of FINE PROPERTIES. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Orlando/Tampa – FL. All rights reserved. 501 SALLY LEE DRIVE
ELLENTON, FL
