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Property for sale at 502 MAGELLAN DRIVE, SARASOTA, FL, 34243
Property for sale at 502 MAGELLAN DRIVE, SARASOTA, FL, 34243
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502 Magellan DriveSarasota, FL, 34243

3beds
2baths
2,400sqft
Single Family Residence
Built in 1972
$845,000
For sale
$895,000−$50,000 (6%)Reduced Sep 8, 2026
Price per sqft
$352
Days on market
149
Listed
May 26
MLS #A4694830Updated Oct 20, 2026

About this property

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.

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Property details

Property type
Single Family Residence
Street address
502 Magellan Drive
City
Sarasota
State
FL
ZIP code
34243
Year built
1972
New construction
No
Faces
North
Rooms
5
Living area
2,400 sqft
Total building area
3,600 sqft
Levels
One

Stellar MLSThe data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of Stellar MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; the availability of any listing should always be independently verified. Listing information is provided for consumers' personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.Stellar (MFR) data last updated at October 20, 2026 at 8:01 AM EDT

Price & sale history

Asking price reduced by $50,000 (5.6%) since first listed.

EventPrice
Price reducedMLS #A4694830$845,000Change: −5.6%−$50,000
Listed for saleMLS #A4694830$895,000
History may be incomplete.
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Location

Property for sale at 502 MAGELLAN DRIVE, SARASOTA, FL, 34243
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