Sanctuary Cove in Palmetto : Waterfront Homes for Sale

It has been a couple of years since national home builder Lennar started construction of Sanctuary Cove in Palmetto under its WCI Communities division, which is known for developing luxury neighborhoods across Florida. Located to the east of the Manatee School for the Arts, right on the northern banks of the Manatee River, Sanctuary Cove is an exclusive and stylish community that will appeal to boaters, anglers, and anyone who is interested in the resort lifestyle.

The home models at Sanctuary Cove feature a mix of Tuscan and Mediterranean architecture; they are probably some of the best-looking properties in Palmetto, and two of the floor plans won Parade of Homes awards. You are virtually guaranteed waterfront views because this is a neighborhood where homeowners enjoy their very own private marina in a basin engineered to protect against hurricanes. There is even a private beach, fishing piers, a kayak launch, and a nature preserve complete with trails.

You have to see the gorgeous homes at Sanctuary Cove; they are not only brand-new but also lavishly appointed with extras such as Calcutta Gold quartz countertops, stainless steel appliances, a covered patio with views of the water, crown molding throughout the house, and a center island with a breakfast bar. A two-bedroom home with 2.5 bathrooms was listed in late 2019 for less than $400K, but values are expected to climb very quickly as WCI finished building more new models.

Aside from the private marina, Sanctuary Cove offers amenities such as a resort-style swimming pool, a clubhouse, fitness center, an internet cafe, and 24-hour security. The nearest restaurant is next door at the Riviera Dunes Marina, and you can drive to the Ellenton Premium Outlets are just 10 minutes away. You can choose to drive or sail your boat to Anna Maria Island, which is close enough to visit every other day. Something to keep in mind about Sanctuary Cove is that condominium towers are planned for future development, which means that your property investment could appreciate considerably over the next few years.

Homes for Sale at Sanctuary Cove in Palmetto

See all Sanctuary Cove Palmetto Homes for Sale.
(all data current as of 9/18/2025)

Listing information deemed reliable but not guaranteed. Read full disclaimer.