505 Sally Lee Drive, Ellenton, FL 34222
Local realty services provided by:Better Homes and Gardens Real Estate Lifestyles Realty
Listed by: benjamin whetstone
Office: exp realty llc.
MLS#:TB8433762
Source:MFRMLS
Price summary
- Price:$698,000
- Price per sq. ft.:$260.06
About this home
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.
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Home facts
- Year built:1992
- Listing ID #:TB8433762
- Added:310 day(s) ago
- Updated:November 15, 2025 at 03:04 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Full bathrooms:2
- Living area:1,392 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central, Electric
Structure and exterior
- Roof:Shingle
- Year built:1992
- Building area:1,392 sq. ft.
- Lot area:0.32 Acres
Schools
- High school:Palmetto High
- Middle school:Lincoln Middle
- Elementary school:James Tillman Elementary
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$698,000
- Price per sq. ft.:$260.06
- Tax amount:$7,212 (2024)
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