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3.
Particularly attractive member(s) of the opposite sex.
Wow, look at that sweet sassy molassy!

or:

The molassy at this party is sweet and sassy!
by Drakonian December 04, 2003
 
1.
holy shit or look at that
Sweet sassy molassy get out the checkbook and pay grandma for the rub down!!
by Burgertime April 21, 2003
 
2.
a seemingly meaningless exclamation. An equivalent to 'Oh my God' or 'Holy crap.'
(after Howse finishes eating Wilsun's presentation)
Wilsun: SWEET SASSY MOLASSY!
by Dr. Pritty Hairs. January 17, 2007