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For Sale

502 MAGELLAN DR

$895,000 · 3 bd · 2 ba · 2,400 sqft · Built 1972

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$895,000

502 MAGELLAN DR · SARASOTA, FL · 34243

  • 3 bd
  • 2 ba
  • 2,400 sqft
  • Built 1972
  • For Sale
  • Est. $5,575/mo
Single Family Residence
Built 1972
0.73 acres lot
$373/sqft
$7,722/yr taxes

About this home

Modern Luxury Meets Golf Course Living at Sara Bay on a 0.73 acre secluded lot. Welcome to a masterpiece of modern luxury at 502 Magellan Drive, perfectly positioned on one of the premier homesites of the historic Sara Bay Golf Course. This classic concrete-block residence has been completely transformed into a sleek, contemporary palace featuring high ceilings and expansive windows that flood the home with natural light. The open-concept design flows seamlessly into a massive master retreat complete with an elegant sitting area and golf course vistas. On cooler evenings, cozy up by the living room's chic wood-burning fireplace. Step through the sliding doors to find your private paradise: an extraordinary 80-foot covered back porch, perfect for seamless indoor-outdoor hosting. This grand veranda looks out over a pristine fenced pool, a dedicated fenced dog run, and panoramic, unobstructed fairways. With three bedrooms plus a flexible office/den, this home is complete with a two-car garage and a dedicated golf cart spot. With no rental restrictions this property is an excellent choice for investors wishing to Air BnB or VRBO. Beyond the fairways, enjoy unparalleled coastal convenience. You are located just 10 minutes from the vibrant dining, shopping, and cultural arts of Downtown Sarasota, and less than 20 minutes from the world-famous quartz sands of Lido Key and Siesta Key beaches. Enjoy ultimate freedom with no HOA fees in one of Sarasota's most coveted locations. 5 minutes' drive to SRQ airport is of great convenience.

Facts & features

Interior

Bedrooms
3
Bathrooms
2
Living area
2,400 sq ft
Stories
One
Heating
Central, Electric
Cooling
Central Air
Flooring
Ceramic Tile
Appliances
Built-In Oven, Dishwasher, Electric Water Heater, Freezer, Microwave, Range, Range Hood, Refrigerator
Interior features
Cathedral Ceiling(s), Ceiling Fans(s), High Ceilings, PrimaryBedroom Upstairs, Walk-In Closet(s)

Exterior & lot

Lot size
0.73 acres
Garage spaces
2
Pool
Yes
Exterior features
Dog Run, Lighting

Construction

Year built
1972
Construction
Block
Roof
Shingle
Property type
Single Family Residence

HOA & financial

Annual taxes
$7,722
Days on market
7 days
Subdivision
WHITFIELD COUNTRY CLUB ESTATES
County
Manatee
MLS #
MFRA4694830

What it’ll cost

Estimated monthly payment

Monthly
  • Principal & interest
  • Property tax (est.)
  • Home insurance (est.)

Estimate only — taxes, insurance, and HOA vary. Confirm exact figures with a lender.

Neighborhood

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SARASOTA market snapshot

$519,000

Median list price

429

Homes for sale

74

Avg days on market

Similar homes nearby

Listing courtesy of MVB REAL ESTATE LLC

Listing data provided in part by Stellar MLS and deemed reliable but not guaranteed. MLS #MFRA4694830.