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$2,990,000

1517 4TH ST E
PALMETTO, FL 34221
Listed by Jay Travis, PA · RE/MAX ALLIANCE GROUP
Bedrooms
4
Bathrooms
3.5
Living area
4,505 sqft
Year built
2025

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.

Highlights

WaterfrontPrivate poolFireplaceNew construction

Property details

MLS #
MFRA4686029
Property type
Single Family Residence
Subdivision
SANCTUARY COVE
Status
Active
Days on market
152
On market date
April 24, 2026
Stories
N/A
Total bathrooms
3.5
Garage spaces
3
Parking spaces
N/A
Lot size
0.34 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
MANATEE ELEMENTARY SCHOOL
1.27 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
550
Student:teacher ratio
16.2:1
District
MANATEE
Middle
LINCOLN MEMORIAL MIDDLE SCHOOL
1.24 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
307
Student:teacher ratio
14.6:1
District
MANATEE
HighCharter
MANATEE SCHOOL FOR THE ARTS
0.31 mi away · Grades 6-12
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,902
Student:teacher ratio
20.2:1
District
MANATEE

Walkability

Blended score for PALMETTO's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

73
Walkable
out of 100
EPA National Walkability Index
12.8 / 20 -- Above average walkable
Google Places amenity density
85 / 100
Restaurants & cafes13
Grocery stores4
Parks2
Schools4
Transit stops16
Pharmacies0

Market position

How this listing compares to current activity in PALMETTO, from live MLS data.

On the market 152 days -- 44 more days than PALMETTO's current average of 108 days.
For reference, the median list price across 697 active listings in PALMETTO right now is $369,999.

Mortgage calculator

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Est. monthly payment
$18,156/mo
$598,000 down
$2,392,000 loan
Principal & interest$15,514
Property tax (est.)$2,492
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated 12 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.