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505 SALLY LEE DRIVE

House For Sale
$649,900

BTC: 21.66333333

ETH: 324.95000000

-$49K (2025/12/07)
66 days
Waterfront
2 bds
2 ba
1,392 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

***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.

Location

Florida • ELLENTON • 34222 • House • For Sale • Waterfront

Facts and features

Type:
Residential
Parking:
Circular Driveway / Driveway
Year Built:
1992
Lot:
0.32 Acres
Heating:
Central / Electric
Price/sqft:
$467
Cooling:
Central Air
HOA:
No Data
All facts and features

  • Flooring

    • Ceramic Tile

    • Hardwood

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Water Heater

    • Microwave

    • Range

    • Refrigerator

    • Washer

    • Wine Refrigerator

    Other interior features

    • Ceiling Fan(s)

    • High Ceilings

    • Open Floorplan

    • Primary Bedroom Main Floor

    • Skylight(s)

    • Stone Counters

    • Thermostat

    • Vaulted Ceiling(s)

    • Walk-In Closet(s)

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Parking

    • Circular Driveway

    • Driveway

    Property

    • Levels: One

    • Pool Private: Yes

    • Exterior Features: Awning(s) / Irrigation System / Lighting / Rain Gutters / Sliding Doors / Sprinkler Metered / Storage

    Lot

    • Lot: 0.32 Acres

    Other Property Information

    • Parcel Number: 1036600151

    • Zoning: RSF4.5/C

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • BB/HS Internet Available

    • Cable Available

    • Electricity Available

    • Electricity Connected

    • Fiber Optics

    • Fire Hydrant

    • Sewer Connected

    • Sprinkler Meter

    • Underground Utilities

    • Water Connected

  • Other financial information

    • Annual tax amount: $7,212

  • Source details

    • MLS ID: TB8433762

    Other facts

    • Construction Materials: Wood Frame

    • Foundation Details: Stilt/On Piling

    • Laundry Features: Inside

    • Pool Features: In Ground

    • Direction Faces: East

    • Waterfront: Yes

    • Living Area: 1392

    • Water Source: Public

    • Subdivision Name: IBIS ISLE

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: EXP REALTY LLC