Single Family Residence at 502 MAGELLAN DR, SARASOTA
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56 photos

$845,000

502 MAGELLAN DR
SARASOTA, FL 34243
Listed by Martin Rake · MVB REAL ESTATE LLC
Bedrooms
3
Bathrooms
2
Living area
2,400 sqft
Year built
1972

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.

Highlights

Private poolFireplace

Property details

MLS
Stellar MLS
MLS #
MFRA4694830
Property type
Single Family Residence
Subdivision
WHITFIELD COUNTRY CLUB ESTATES
Status
Active
Days on market
147
On market date
May 26, 2026
Stories
N/A
Total bathrooms
2
Garage spaces
2
Parking spaces
N/A
Lot size
0.73 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
SCHOOL OF ACADEMIC AND BEHAVIORAL LEARNING EXCELLENCE (SABLE
0.7 mi away · Grades 0-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
11
Student:teacher ratio
2.2:1
District
MANATEE
Middle
ELECTA LEE MAGNET MIDDLE SCHOOL
2.91 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
780
Student:teacher ratio
16.6:1
District
MANATEE
High
AMIKIDS MANATEE
0.7 mi away · Grades 6-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
33
Student:teacher ratio
5.5:1
District
MANATEE

Walkability

Blended score for SARASOTA's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

61
Walkable
out of 100
EPA National Walkability Index
8.3 / 20 -- Below average walkable
Google Places amenity density
90 / 100
Restaurants & cafes18
Grocery stores5
Parks5
Schools2
Transit stops20
Pharmacies1

Market position

How this listing compares to current activity in SARASOTA, from live MLS data.

On the market 147 days -- 21 fewer days than SARASOTA's current average of 168 days.
For reference, the median list price across 4,720 active listings in SARASOTA right now is $365,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$5,239/mo
$169,000 down
$676,000 loan
Principal & interest$4,385
Property tax (est.)$704
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated 4 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.