For sale Home

Listed May 26, 2026

$845,000 Est. $5,589/mo

502 Magellan Drive

  • 3

    Beds

  • 2

    Baths

  • 2,400

    Sq ft

The story

  • Pool

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

Home type

Home

Year built

1972

Floors

1

Lot size

1 acres

Price per sq ft

$352

Parking

2-car garage

Included features

  • Pool

    Yes

  • Fireplace

    Yes

  • Cooling

    Central Air

  • Heating

    Central, Electric

  • Appliances

    Built-In Oven, Dishwasher, Electric Water Heater, Freezer, Microwave, Range, Range Hood, Refrigerator

  • Flooring

    Ceramic Tile

  • Roof

    Shingle

  • Lot Information

    On Golf Course, Oversized Lot

  • Exterior

    Dog Run, Lighting

  • Water Source

    Public

  • Sewer

    Septic Tank

Mortgage calculator

Estimated monthly payment

$5,589 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $4,497
  • Property tax $845
  • Insurance $246

Includes principal, interest, taxes & insurance.

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Listing Broker

MVB REAL ESTATE LLC

Broker Name

MVB REAL ESTATE LLC

Agent

Martin Rake