Sanctuary Cove

Sanctuary Cove New Homes for Sale – Palmetto, Florida 34221

Sanctuary Cove Estates is a riverside development on the prime southeast quadrant of U.S. 301 and 6th Street East in Palmetto. It occupies 211 acres which abut the campus of Feld Entertainment to the east and the Manatee River towards south.

WCI Communities is building the first residences in this property where the original plans set in 2005 aimed for the construction of 950‒1,100 residences, including condo units in a 12-story riverfront building, four-story townhouses, and 266 single-family homes.

The planned development also included 200,000 square feet of commercial space on the property’s U.S. 301 frontage. However, the entire project, estimated to cost $1 billion, was mothballed because of the Great Recession.

New Homes on the Market

Development work in the property was revived in 2017, and in the fourth quarter of the year, WCI bought 56 lots at Sanctuary Cove for starters. This Bonita Springs-based builder, now under the banner of top U.S. builder Lennar Corp., said it will be building on a total 176 home sites, including 66 lots on the riverfront.

Quite apt to its location, Sanctuary Cove homes for sale feature coastal-themed exteriors. Prospective buyers in this community can choose from nine WCI floor plans at prices between the $300s and the $700s.

This builder showcased two of these designs in the 2018 Sarasota Manatee Parade of Homes. One of these models, the Boretto, was adjudged best overall in its category in this annual showcase and was also cited as best in architectural detail, master suite and kitchen.

This residence comes with a floor area of 2,644 square feet, designed with four bedrooms including a luxurious master suite with a Jack and Jill bathroom and a spacious walk-in closet. Its award-winning kitchen is a chef’s delight with its GE® stainless steel appliances, double-wall oven, gas cooktop, and quartz countertops. The pricing of this one-story home starts from the upper $400s.

Varied Lineup Offered

WCI also entered in the annual Sarasota‒Manatee home showcase its San Remo model, a 2,250-square-foot residence priced starting from the high $300s. It features a spacious master suite plus two additional bedrooms and a flex space which can be converted into guest room. This home design and the Boretto have a two-car garage, and a separate garage for golf carts are also provided in the larger floor plans.

One of the larger options that prospective buyers of Palmetto homes for sale can check out is WCI’s two-story Asti. It has a floor plan measuring 2,725 square feet and features three bedrooms, four baths and a half bath.

Buyers with lesser requirements, on the other hand, can consider WCI’s Grand Cayman offered at Sanctuary Cove. This ranch-style home features three bedrooms, two baths and a half-bath within a floor area of 1,962 square feet.

Perks of Riverfront Living

Sanctuary Cove’s amenities all but naturally include a community marina with 210 boat slips plus six boat lifts. Future residents can also expect other perks of living in this development, such as 24-hour security, a resort-style swimming pool, and an 8,600-square-foot clubhouse. The perks it offer include a game room, fitness center, Internet café, event space and, of course, scenic harbor views.

Sanctuary Cove likewise provides a beach area for its homeowners. Additionally, its residents are only a short drive away from world-class Gulf beaches like those in Anna Maria Island. Siesta Key and its pristine white sands aren’t too far either. This community is also conveniently located near several parks and nature preserves, as well as popular shopping and dining venues not only in Palmetto but also in Bradenton.

Sanctuary Cove New Homes for Sale

Below are the current real estate listings available at Sanctuary Cove.

Please contact me if you would like to schedule a tour of any of the listed properties below.

MLS# A4648237 - Status: Active View Property Details Add to Favorites View Map

• 1613 4TH ST E
• Price: $2,850,000
• Zip Code: 34221
• 4400 Square Feet
• Subdivision: SANCTUARY COVE
• Bedrooms: 4 Baths: 5
• Welcome to the Waters Edge section of Sanctuary Cove, where elegant design meets everyday functionality in a gated, golf-cart-friendly waterfront community along the Manatee River. This 2025-built, thoughtfully designed, four-bedroom, five-bath Lakev ... Read More
• Listing courtesy of: PREMIER SOTHEBYS INTL REALTY

MLS# TB8344323 - Status: Active View Property Details Add to Favorites View Map

• 1902 4TH ST E
• Price: $1,999,000
• Zip Code: 34221
• 3374 Square Feet
• Subdivision: SANCTUARY COVE
• Bedrooms: 4 Baths: 4+
• DREAMING of FLORIDA WATERFRONT LUXURY LIVING? Boating, sunsets, fun and so much more on the majestic Manatee River. This beautiful CUSTOM home is located in the "Waters Edge" enclave of Sanctuary Cove offering a premier private marina, 8,000+ square ... Read More
• Listing courtesy of: COLDWELL BANKER REALTY

MLS# A4644945 - Status: Active View Property Details Add to Favorites View Map

• 1702 4TH ST E ST E
• Price: $1,570,000
• Zip Code: 34221
• 3004 Square Feet
• Subdivision: SANCTUARY COVE
• Bedrooms: 3 Baths: 2+
• Unwavering Resilience: Home Sustained No Damage From Recent Hurricanes. Your Waterfront Paradise Awaits! Imagine waking up to the gentle lapping of water, the sun glinting off your private lagoon, and the promise of endless adventures on the open wat ... Read More
• Listing courtesy of: WEICHERT REALTORS HALLMARK PRO

MLS# TB8311726 - Status: Active View Property Details Add to Favorites View Map

• 1810 4TH ST E
• Price: $1,449,000
• Zip Code: 34221
• 3040 Square Feet
• Subdivision: SANCTUARY COVE
• Bedrooms: 3 Baths: 3+
• Welcome to WaterSide at Sanctuary Cove. This Brilliant new WATERFRONT subdivision is located in the charming community of Palmetto. Surrounded by natural preserves and the waterways of Terra Ceia Bay, the Manatee River and the Gulf of Mexico, this ... Read More
• Listing courtesy of: SMITH & ASSOCIATES REAL ESTATE

MLS# A4642002 - Status: Active View Property Details Add to Favorites View Map

• 1805 7TH ST E
• Price: $1,050,000
• Zip Code: 34221
• 2644 Square Feet
• Subdivision: SANCTUARY COVE
• Bedrooms: 4 Baths: 3
• Calling all boaters to paradise, in Sanctuary Cove, a highly sought-after gated luxury boating community nestled along the Manatee River. This is the home you have been waiting for, with all the upgrades and features you could want! 4 bedrooms, 3 ba ... Read More
• Listing courtesy of: PREFERRED SHORE LLC

MLS# TB8374021 - Status: Active View Property Details Add to Favorites View Map

• 2217 5TH ST E
• Price: $989,500
• Zip Code: 34221
• 2250 Square Feet
• Subdivision: SANCTUARY COVE
• Bedrooms: 3 Baths: 2+
• Homeowner is also selling agent. ... Read More
• Listing courtesy of: YOUNG REAL ESTATE

MLS# A4645121 - Status: Active View Property Details Add to Favorites View Map

• 510 16TH AVE E
• Price: $849,900
• Zip Code: 34221
• 2230 Square Feet
• Subdivision: SANCTUARY COVE
• Bedrooms: 3 Baths: 2+
• SEDUCTIVE SANCTUARY COVE! Welcome to your NEW, exceptional waterfront retreat in the prestigious, maintenance-free, GATED MARINA COMMUNITY of Sanctuary Cove. Built in April 2021 and standing resolutely near the end of a private CUL-DE-SAC this nearly ... Read More
• Listing courtesy of: KELLER WILLIAMS ON THE WATER

MLS# A4643733 - Status: Active View Property Details Add to Favorites View Map

• 2322 5TH ST E
• Price: $799,900
• Zip Code: 34221
• 2243 Square Feet
• Subdivision: SANCTUARY COVE
• Bedrooms: 3 Baths: 2+
• This beautiful modern home is a definite must see. No damage from hurricane Helene or Milton, since it is located in an X zone and offers all hurricane impact protections. This property has had many updates ... nothing really left to do but enjoy. T ... Read More
• Listing courtesy of: SALTY MERMAID REAL ESTATE LLC

MLS# A4622614 - Status: Active View Property Details Add to Favorites View Map

• 1922 6TH ST E
• Price: $670,000
• Zip Code: 34221
• 1957 Square Feet
• Subdivision: SANCTUARY COVE
• Bedrooms: 2 Baths: 2+
• Welcome to the gated, Manatee River boating community of Sanctuary Cove. This open concept home was built in 2020, includes a deeded boat slip with 13,000 lb. lift. This Grand Cayman model provides 2 bedrooms, 2.5 baths plus a bonus room/den with end ... Read More
• Listing courtesy of: HORIZON REALTY INTERNATIONAL

MLS# A4637532 - Status: Active View Property Details Add to Favorites View Map

• 2114 5TH ST E
• Price: $650,000
• Zip Code: 34221
• 2319 Square Feet
• Subdivision: SANCTUARY COVE
• Bedrooms: 3 Baths: 3+
• BEST PRICED HOME IN THE COMMUNITY WITH RARE OPPORTUNITY TO ALSO PURCHASE A BOAT SLIP AND LIFT! This property qualifies for a 1% rate reduction if using preferred lender. Inquire for more details. The seller is motivated! This contemporary three-bedr ... Read More
• Listing courtesy of: EXP REALTY LLC

MLS# A4634233 - Status: Active View Property Details Add to Favorites View Map

• 1901 6TH ST E
• Price: $520,000
• Zip Code: 34221
• 1638 Square Feet
• Subdivision: SANCTUARY COVE
• Bedrooms: 3 Baths: 2
• Welcome to your dream home in the gated, waterfront boater's community of Sanctuary Cove! Seller willing to pay first year boat slip rent! This 2022-built, three-bedroom, two-bathroom gem boasts a tile roof, offering modern luxury and peace of mind w ... Read More
• Listing courtesy of: EXP REALTY LLC