$845,000
502 MAGELLAN DRIVE, SARASOTA, FL 34243
Beds
3
Baths
2
Sq Ft
2,400 sq ft
Year Built
1972
Lot Size
0.73 acres
Garage
2
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.
Property Overview
Interior Features
Exterior & Lot
Pool & Spa
Utilities
Parking
HOA & Community
Financial Details
Directions
Head South on US-41 S / 14th St W Depart Bradenton heading south on 14th St W. Drive approximately 5 miles south, passing the Sarasota-Bradenton International Airport (SRQ) area. Turn Left onto Magellan Drive Once you reach the Whitfield Country Club Estates neighborhood, make a left turn onto Magellan Drive. Arrive at the Property Follow Magellan Drive east for roughly 0.6 miles. Look for 502 Magellan Drive on your right side, sitting directly along the golf course.
Location
502 MAGELLAN DRIVE, SARASOTA, FL 34243
Listing Information
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Pick a Day
Preferred Time
Home Price
$845,000
Loan Term
Financing a Luxury Home
Specialized financing for this $845,000 property in SARASOTA. Luxury purchases typically require jumbo or portfolio lending.
💎
Jumbo Loan
$84,500 Down
For homes exceeding conforming loan limits. Typically requires 10-20% down, strong credit, and reserves.
🎖️
VA Jumbo
$0 Down
VA-eligible borrowers can go above conforming limits with zero down in many cases.
🏦
Portfolio Loan
$126,750 Down
Held by the lender, not sold. Flexible terms for high-net-worth buyers with non-traditional income.
🔑
Bridge Loan
$169,000 Down
Short-term financing to buy before selling. Ideal for move-up buyers in competitive markets.
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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: September 8, 2026.