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.
For sale
$895,000
502 MAGELLAN DRIVE, SARASOTA, FL 34243
3beds
2,400sqft
:
Get pre-qualified$5,742/mo
Single Family Residence
Built in 1972
0.25 Acres Lot
$-- Zestimate®
$373/sqft
$-- HOA
What's special
Pristine fenced poolGolf course vistasTwo-car garageGrand verandaHigh ceilingsMassive master retreatDedicated fenced dog run
- 79 days |
- 357 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Martin Rake 702-755-6657,
MVB REAL ESTATE LLC 702-755-6657
Source: Stellar MLS,MLS#: A4694830
Originating MLS: Sarasota - Manatee

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: Walk-In Closet(s)
- Level: First
- Area: 450 Square Feet
- Dimensions: 15x30
Primary bathroom
- Features: En Suite Bathroom
- Level: First
- Area: 168 Square Feet
- Dimensions: 12x14
Kitchen
- Level: First
- Area: 240 Square Feet
- Dimensions: 12x20
Living room
- Level: First
- Area: 396 Square Feet
- Dimensions: 18x22
Office
- Level: First
- Area: 120 Square Feet
- Dimensions: 10x12
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Oven, Dishwasher, Electric Water Heater, Freezer, Microwave, Range, Range Hood, Refrigerator
- Laundry: Inside, Laundry Room
Features
- Cathedral Ceiling(s), Ceiling Fan(s), High Ceilings, PrimaryBedroom Upstairs, Walk-In Closet(s)
- Flooring: Ceramic Tile
- Has fireplace: Yes
- Fireplace features: Free Standing, Insert, Living Room, Wood Burning
Interior area
- Total structure area: 3,600
- Total interior livable area: 2,400 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Exterior features: Dog Run, Irrigation System, Lighting
- Has private pool: Yes
- Pool features: Gunite, In Ground
- Has view: Yes
- View description: Golf Course
Lot
- Size: 0.25 Acres
- Features: On Golf Course, Oversized Lot
Details
- Parcel number: 6541500002
- Zoning: RES
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Block
- Foundation: Slab
- Roof: Shingle
Condition
- Completed
- New construction: No
- Year built: 1972
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Public, Water Connected
Community & HOA
Community
- Pet fee: $0 monthly
- Senior community: Yes
- Subdivision: WHITFIELD COUNTRY CLUB ESTATES
HOA
- Has HOA: No
Location
- Region: Sarasota
Financial & listing details
- Price per square foot: $373/sqft
- Tax assessed value: $500,917
- Annual tax amount: $7,722
- Date on market: 5/26/2026
- Cumulative days on market: 9 days
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/12/2026 | Listed for rent | $4,250$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/26/2026 | Listed for sale | $895,000+59.8%$373/sqft |
Source: | ||
| 8/23/2023 | Sold | $560,000-15%$233/sqft |
Source: | ||
| 7/12/2023 | Pending sale | $659,000$275/sqft |
Source: | ||
| 6/20/2023 | Price change | $659,000-8.3%$275/sqft |
Source: | ||
| 3/27/2023 | Price change | $719,000-6.5%$300/sqft |
Source: | ||
| 2/24/2023 | Listed for sale | $769,000+357.7%$320/sqft |
Source: | ||
| 11/3/2000 | Sold | $168,000+43.6%$70/sqft |
Source: Public Record Report a problem | ||
| 12/9/1994 | Sold | $117,000$49/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,772 -1.7% | $500,917 -1.9% |
| 2024 | $7,908 +135.8% | $510,507 +117.2% |
| 2023 | $3,354 +3.2% | $235,025 +3% |
| 2022 | $3,249 +0.8% | $228,180 +3% |
| 2021 | $3,223 +1.4% | $221,534 +1.4% |
| 2020 | $3,178 +2% | $218,475 +2.3% |
| 2019 | $3,115 | $213,563 +1.9% |
| 2018 | $3,115 +1.4% | $209,581 +2.1% |
| 2017 | $3,072 +7.8% | $205,270 +2.1% |
| 2016 | $2,851 | $201,048 +0.7% |
| 2015 | $2,851 | $199,650 +0.8% |
| 2014 | $2,851 +1.5% | $198,065 +1.5% |
| 2013 | $2,809 +280765% | $195,138 +1.7% |
| 2012 | $1 | $191,876 +3% |
| 2011 | $1 | $186,287 +1.5% |
| 2010 | -- | $183,534 +2.7% |
| 2009 | $2,527 -1% | $178,709 +0.1% |
| 2008 | $2,552 +5.3% | $178,530 +3% |
| 2007 | $2,424 -4.3% | $173,330 +2.5% |
| 2006 | $2,534 +1.6% | $169,102 +3% |
| 2005 | $2,495 +2.1% | $164,177 +3% |
| 2004 | $2,443 +0.5% | $159,395 +1.9% |
| 2003 | $2,430 +7% | $156,423 +2.4% |
| 2002 | $2,270 -3.7% | $152,757 +13.5% |
| 2001 | $2,357 +32.5% | $134,561 +8.1% |
| 2000 | $1,778 | $124,484 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Whitfield
Nearby schools
GreatSchools rating
- 8/10Florine J Abel Elementary SchoolGrades: PK-5Distance: 0.9 mi
- 2/10Electa Lee Magnet Middle SchoolGrades: 6-8Distance: 2.9 mi
- 3/10Southeast High SchoolGrades: 8-12Distance: 3.3 mi
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