Listing Details for MLS # A4646380
1320 Magellan Drive, Sarasota, Fl 34243

Residential Property - Single Family Residence in Sarasota

Listing Price: $407,500Days on Market: 245

Description of Property

HUGE VALUE + ENDLESS POTENTIAL! Price just reduced to $407,500 — exceptional value for this stunning SARASOTA POOL HOME! If you’ve been waiting for the perfect moment, this is it. Large corner lot with NO HOA! If you’ve been searching for a home with great bones, major updates already done, and the freedom to customize it to your style, THIS is the one you don’t want to miss. This spacious 3-bedroom, 2-bath pool home is move-in ready as-is — and also offers a fantastic opportunity to add your personal touches and build instant equity. Big-Ticket Updates Already Completed: New Roof (2021), New Garage Door (2024), Fresh Exterior Paint (2025), Interior Paint (2020), Updated Electrical & Plumbing (2014), New Refrigerator (2023), 30-Amp RV Hookup, Fully Fenced Yard Inside, you’ll love the oversized living room with a cozy gas fireplace, a formal dining area, and an eat-in kitchen with bar seating, solid-surface countertops, and an instant hot water dispenser. The split floor plan provides privacy, and the A/C garage offers incredible flexibility — perfect for a 4th bedroom, home office, gym, workshop, or hobby space. Your Outdoor Oasis Awaits Enjoy a heated pool, covered lanai, paver patio, dog run, lush tropical landscaping, and TWO storage sheds — plus plenty of parking for guests, toys, or an RV. Why buyers love this home: It’s in a quiet, pet-friendly Sarasota location just minutes to Bradenton, shopping, dining, and Gulf beaches — BUT without HOA restrictions, CDD fees, or the hassle of “cookie-cutter” communities. Yes, some cosmetic updates could modernize the interior — but that’s exactly what makes this home such an incredible opportunity. The expensive upgrades are done; all that’s left is choosing the finishes that fit your style. And at this price, you have the budget to make it your own. Preferred Lender Colonial Mortgage is offering no underwriting fee + a FREE appraisal at closing — even more savings for the buyer! Homes with this amount of space, updates, and potential are rare — especially in Sarasota at this price. Schedule your showing today and imagine the possibilities!The average asking price for a 3 bedroom/2 bath single family residence in this Zip code is $508,441. This single family residence is listed at about 80% of the average asking price. There are 46 3 bedroom/2 bath homes between $300,000 and $500,000 currently listed for sale in this Zip code. See other listings like this one »