$2,990,000
1517 4th Street
Palmetto, FL 34221
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Garage spaces
Flood zone
About this home
A TRULY EXCEPTIONAL NEW CUSTOM BUILT WATERFRONT ESTATE ON THE MANATEE RIVER WITHIN THE PRESTIGIOUS GATED ENCLAVE OF WATER'S EDGE AT SANCTUARY COVE! Uncompromising craftsmanship and sweeping panoramic water views create an extraordinary residence. Designed with inspiration from the Coastal Living Idea House by Cooper Johnson Smith Architects, this remarkable home offers a rare blend of refined craftsmanship, resort-style outdoor living, and direct boating access, creating an unparalleled Florida lifestyle defined by elegance, comfort, and effortless indoor-outdoor living. Perfectly positioned to capture sweeping water views from the front, rear, and side elevations, the home includes a 35-foot private boat slip with a 10,000 lb lift, complete with water and power. Built with lasting quality in mind, this home features a standing seam metal roof, half-round galvalume gutters, a closed attic system and spray foam insulation throughout the second floor. Interiors are finished with level 5 smooth drywall, engineered oak hardwood flooring throughout, and extensive custom millwork and casework. Architectural details include custom door surrounds, transoms in the living room, cove molding, and LED-accented coastal molding in the family room and kitchen. Ceiling heights impress with 12-foot ceilings along with vaulted ceilings in the kitchen, family room, porch, and primary suite. The chef’s kitchen is designed for both function and entertaining, featuring high end cabinetry, a custom chateau style range hood, granite countertops with warm neutral tones, a one-piece granite island with seating for five, banquette seating, an 8-burner gas double oven range, warming drawer, and under-cabinet and cove lighting. The kitchen flows seamlessly into the family room and screened porch, enhancing the home’s open-concept design. A well-appointed laundry and utility space offers quartzite countertops, a full pantry, laundry sink with cabinetry, hanging space, and additional linen storage. The primary suite is a private sanctuary with a vaulted ceiling, motorized blackout shades and a private terrace with full river views. The spa-inspired bath features marble finishes, double sinks, basketweave tile detailing, marble wainscoting, and a multi-head shower system with rainfall, waterfall, and body sprays, along with thermostatic controls and a heated towel rack. The suite also connects to a private courtyard with a fountain and outdoor shower. Outdoor living is equally impressive with a heated and cooling saltwater pool and spa. The exterior showcases a herringbone brick driveway, golf cart parking, and distinctive copper gas lanterns at the front entry and screened porch. Modern efficiency and technology include a whole-house natural gas generator, two tankless gas water heaters and smart LED lighting. This extraordinary residence offers a rare opportunity to own a meticulously designed waterfront home that seamlessly blends architectural excellence, luxury finishes, and premier boating access in one of the area’s most desirable coastal communities. This home offers convenient access to the 365 acre Emerson Point preserve, the beaches of Anna Maria Island, local restaurants and two nearby airports. Embrace the beauty of Florida waterfront living, where boating, sunset views and coastal relaxation are part of everyday life.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history34 days on market
- Status: ActiveApr 24, 2026
- Listed$2,990,000Apr 24, 2026
- Price increased$2,990,000
Virtual Tour
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 34
- Subdivision
- Sanctuary Cove
- County
- Manatee
- Year built
- 2025
- Living area
- 4,505 sq ft
- Price/sq ft
- $664
- Building area
- 6,527 sq ft (Owner)
- Lot size
- 15,002 sq ft
- Lot category
- 1/4 to less than 1/2
- Flood zone
- X500, AE (12081C0168F)
- Garage
- 3 spaces
- Pool
- Private pool
- Annual taxes
- $9,657 (2025)
- Parcel #
- 1015740859
- Zoning
- PDMU
- MLS #
- A4686029
Interior Details
- Bedrooms
- 4
- Full bathrooms
- 3
- Half bathrooms
- 1
- Flooring
- Hardwood, Tile
- Appliances
- Bar Fridge, Dishwasher, Disposal, Dryer, Freezer, Microwave, Range, Range Hood, Refrigerator, Washer
- Interior features
- Ceiling Fans(s), Crown Molding, Eat-in Kitchen, High Ceilings, In Wall Pest System, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s), Wet Bar, Window Treatments
- Laundry
- Inside, Laundry Room
- Stories / Levels
- Two
- Direction faces
- North
- Fireplace
- Yes
- New construction
- Yes
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
Parking
- Garage spaces
- 3
- Attached garage
- Yes
- Parking features
- Driveway, Garage Door Opener
HOA & Financial
- HOA fee
- $1,895 / Annually
- Monthly HOA
- $158/mo
- Total monthly fees
- $264/mo
- Total annual fees
- $3,174
- HOA name
- Castle Group / Kayla Delgado
- CDD
- Yes
- Homestead exemption
- Yes
- Min lease term
- 3 Months
- Listing terms
- Cash, Conventional
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- Yes
- Additional lease restrictions
- Contact HOA and City of Palmetto for lease restrictions.
- Approval process
- Contact HOA for approval process.
Exterior & Construction
- Exterior features
- French Doors, Lighting, Sliding Doors
- Construction materials
- Block, Frame
- Roof
- Metal
- Foundation
- Slab
- Pool
- Private pool
- Waterfront
- Yes
- Water access
- Yes
- Water view
- Yes
- Road surface
- Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Cable Connected, Electricity Connected, Natural Gas Available, Public, Sewer Connected, Water Connected
Community
- Pets allowed
- Yes
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Primary Bedroom | First | |
| Primary Bathroom | First | |
| Kitchen | First | |
| Living Room | First | |
| Bedroom 2 | Second | |
| Bathroom 2 | Second | |
| Bedroom 3 | Second | |
| Bathroom 2 | Second | |
| Office | First | |
| Laundry | First |
Listing Details
- Listing date
- 2026-04-24
- On market date
- 2026-04-24
- Original list price
- $2,990,000
- Occupant type
- Owner
- MLS area
- 34221 - Palmetto/Rubonia
- Listing AOR
- Sarasota - Manatee
- Status changed
- 2026-04-24
- Tax legal description
- LOT 217 SANCTUARY COVE PI#10157.4085/9
Flood risk
Moderate-risk area (0.2% annual-chance / “500-year” floodplain). Flood insurance is recommended but usually not required.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
From 9th St W (US-41 Business Route) head North toward Palmetto. Turn right onto 10th Street West, turn right onto Sanctuary Cove Way, turn left onto 5th St E, turn slightly onto 24th Ave E, turn right onto 4th St E, property on the left.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of May 28, 2026 at 10:20 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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