$750,000
$65K PRICE DROP

Estimated payment $4,986/month

Total Views 7,002
3 Beds
2 Baths
1,836 Sq Ft
$408 Price per Sq Ft

Highlights

  • 55 Feet of Lake Waterfront
  • Fitness Center
  • Clubhouse
  • Ida M. Stewart Elementary School Rated A-
  • Open Floorplan
  • Vaulted Ceiling

About This Home

SELLER TO PROVIDE A $10,000 CREDIT AT CLOSING TOWARD A MORTGAGE RATE BUYDOWN AND/OR BUYER'S CLOSING COSTS/PREPAIDS!! Welcome to 11116 Sanctuary Drive—an impeccably updated waterfront home located in the coveted Sanctuary community on scenic Perico Island. Just a short drive or bike ride to the pristine beaches of Anna Maria Island, this 3 bedroom/2 bath residence (3rd bedroom is currently used as a den) offers the perfect combination of coastal charm and modern upgrades. Step into a light-filled, open-concept layout featuring a brand-new kitchen with quartz countertops, stylish new cabinetry, and state-of-the-art appliances. The current owner has spared no expense with over $150k in upgrades, in both the interior and exterior of the home. In addition to the kitchen, other updates include: all new impact windows and garage door, updated Pex plumbing, custom walk-in closets, water softening system, fresh interior and exterior paint, new gutters, upgraded lighting and plumbing fixtures, plantation shutters and custom window treatments, and more. A stylish coffee bar adds a touch of everyday luxury, while the adjacent interior laundry room features matching quartz counters and cabinetry for a cohesive, polished look. With a maintenance-free yard, you’re free to enjoy the nearby community pool and tennis courts, all with a low monthly HOA fee. Enjoy peaceful water views from the screened porch and extended paver patio, perfect for entertaining or relaxing in a private outdoor setting. The attached 2-car garage provides ample storage and convenience. Located within a beautifully maintained community with close proximity to nature preserves, walking trails, and the sparkling Gulf waters, this is your chance to enjoy the best of Florida’s west coast living in a home that feels brand new. Whether you're seeking a full-time residence or seasonal retreat, 11116 Sanctuary Drive offers the ideal blend of comfort, style, and location. Don’t miss your chance to live moments from Anna Maria Island in a beautifully updated home —schedule your private showing today!

Listing Agent

Betsy Hagen

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-896-9981 License #3371838 Listed on: 05/09/2025

MICHAEL SAUNDERS & COMPANY

Co-Listing Agent

Laura Rulon

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-896-9981 License #3368005

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,396

Year Built

  • Built in 2001

Lot Details

  • 7,305 Sq Ft Lot
  • Lot Dimensions are 55x133
  • 55 Feet of Lake Waterfront
  • Lake Front
  • Northwest Facing Home
  • Metered Sprinkler System
  • Property is zoned PDR/CH

HOA Fees

  • $283 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,836 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Shutters
  • Combination Dining and Living Room
  • Lake Views

Kitchen

  • Range
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Ceramic Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Rain Gutters
  • Private Mailbox

Schools

  • Ida M. Stewart Elementary School
  • Martha B. King Middle School
  • Manatee High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Water Softener
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include common area taxes, pool, ground maintenance, private road, recreational facilities
  • Ed Parkes Association, Phone Number (508) 207-3383
  • Sanctuary Ph Iv Subphase B Association
  • Perico Isles Community
  • Sanctuary Ph Iv Subphase B Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,396

Year Built

Built in 2001

Lot Details

0

HOA Fees

$283 per month

Parking

2

Listing Details

  • HOA Fee Includes: Common Area Taxes, Pool, Maintenance Grounds, Private Road, Recreational Facilities
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1836
  • Lot Size Acres: 0.17
  • New Construction: No
  • Year Built: 2001
  • Building Area Total: 2700
  • Lot Size Sq Ft: 7305
  • Directions to Property: Manatee Avenue West (SR #64) to Perico Island entrance on right side of the road. After entering entrance, turn left on Perico Way. Continue on Perico Way then turn right on Magnolia Way. Turn right on Sanctuary Drive until #11116.
  • Status: Active
  • Co List Office Mls Id: MFR281526565
  • Co List Office Phone: 941-896-9981
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1046728
  • Minimum Lease: 6 Months
  • RATIO Current Price By Calculate: 408.50
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • MFR_DockYN: 0
  • Attribution Contact: 941-896-9981
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Luxury Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Built-in Features, Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Range, Washer, Water Softener
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Other Equipment: Irrigation Equipment
  • Spa Yn: No
  • Stories: 1
  • Window Features: Shutters, Window Treatments
  • Street Number Modifier: 11116
  • Living Area Meters: 170.57
  • Room Count: 6

Exterior Features

  • Direction Faces: Northwest
  • Exterior Features: Private Mailbox, Rain Gutters, Sprinkler Metered
  • Roof: Shingle
  • Pool Private: No
  • View: Water
  • Water Body Name: PERICO LAKE
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View: Lake
  • Water View YN: 1
  • Waterfront Feet Total: 55
  • Flood Zone Date: 2021-08-10
  • Flood Zone Panel: 12081C0281F
  • Water Frontage Feet Lake: 55

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener

Utilities

  • Utilities: Cable Available, Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Pool, Sidewalks, Tennis Court(s)
  • Association Fee: 850
  • Association Fee Frequency: Quarterly
  • Association Name: Ed Parkes
  • Phone: 508-207-3383
  • Association: Yes
  • Senior Community: No
  • Association: Sanctuary PH IV Subphase B
  • Association 2 YN: 1
  • Association Approval Required YN: 1
  • Pet Restrictions: As Per Association Guidelines
  • Association Fee Requirement: Required
  • Association Email: edparkes851@gmail.com

Fee Information

  • Total Annual Fees: 3400.00
  • Total Monthly Fees: 283.33
  • Monthly HOA Amount: 283.33

Schools

  • Elementary School: Ida M. Stewart Elementary
  • High School: Manatee High
  • Middle Or Junior School: Martha B. King Middle

Lot Info

  • Zoning: PDR/CH
  • Parcel Number: 7361451609
  • Additional Parcels: No
  • Lot Dimensions: 55x133
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 679

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Please refer to HOA rules and regulations.

Tax Info

  • Tax Annual Amount: 7396.48
  • Tax Book Number: 36-51
  • Tax Lot: 12

Multi Family

  • Waterfront Features: Lake Front
  • Approval Process: $100 non-refundable application fee. Completed application by future owner/tenant to be approved by Board of Directors.

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,396 $555,915 $102,000 $453,915
2023 $7,248 $561,016 $102,000 $459,016
2022 $6,548 $490,936 $100,000 $390,936
2021 $5,403 $363,518 $100,000 $263,518
2020 $5,354 $342,698 $100,000 $242,698
2019 $5,305 $335,880 $100,000 $235,880
2018 $5,164 $322,064 $95,000 $227,064
2017 $4,862 $317,993 $0 $0
2016 $4,805 $307,132 $0 $0
2015 $4,444 $300,413 $0 $0
2014 $4,444 $273,670 $0 $0
2013 $4,325 $262,405 $78,300 $184,105
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2025 07/12/25 Price Changed $750,000 -6.2% $408 / Sq Ft
06/20/2025 06/20/25 Price Changed $799,900 -1.9% $436 / Sq Ft
05/09/2025 05/09/25 For Sale $815,000 +11.6% $444 / Sq Ft
04/12/2024 04/12/24 Sold $730,000 -2.7% $398 / Sq Ft
02/11/2024 02/11/24 Pending -- -- --
01/12/2024 01/12/24 For Sale $749,900 -- $408 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $100 None Listed On Document
Warranty Deed $730,000 Msc Title
Warranty Deed $71,900 --
Source: Public Records

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Source: Stellar MLS

MLS Number: A4650854

Stellar MLS

APN: 73614-5160-9