$699,000

311 MAGELLAN DRIVE, Sarasota, FL 34243

  • 2 beds |
  • 3 baths |
  • 2,702 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1961
  • Property Lot Size Icon0.3acre lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $259/sqft
  • Property List Date Icon Listed 2 days ago

Property Description

WATERFRONT POOL HOME ON BOWLEES CREEK – NOT IN A FLOOD ZONE – PRICED FOR IMMEDIATE SALE! Rarely does an opportunity like this come available in such a desirable location. Nestled along picturesque Bowlees Creek and adjacent to Sara Bay Country Club, this 2 bedroom, 2 bathroom waterfront pool home offers over 2,700 sqft of living space and the perfect chance for buyers seeking waterfront living, a private pool, and boating access at a price that leaves room for future improvements and personal touches. From the moment you arrive, the home welcomes you with a spacious circular driveway, mature tropical landscaping, and a private courtyard style entrance that creates a unique sense of character and privacy. The bright exterior and Mid Century design elements provide great curb appeal while setting the stage for a property that is both inviting and full of potential. Inside, the home offers a spacious layout with multiple living and gathering areas. The main living room features vaulted wood plank ceilings, large windows, and sliding glass doors that bring in natural light and connect seamlessly to the outdoor living spaces. The updated kitchen is one of the highlights of the home and has already undergone a stylish renovation with contemporary cabinetry, solid surface countertops, stainless steel appliances, double wall ovens, a gas cooktop, abundant storage, and generous workspace for cooking and entertaining. Beyond the main living areas, additional flexible space provides endless possibilities for a family room, game room, office, hobby room, or guest retreat. Large windows and sliding doors throughout the home help blur the line between indoor and outdoor living while showcasing views of the pool and waterfront setting. The primary suite offers direct access to outdoor living areas and features ample closet space along with an ensuite bath. The guest bedroom is generously sized and positioned near the second full bathroom. While the kitchen has been updated, many of the flooring surfaces and bathrooms remain largely original, providing an excellent opportunity for a new owner to renovate and build additional equity while customizing the home to their own taste and style. Outdoor living is where this property truly shines. A large screened pool enclosure surrounds the sparkling pool and expansive deck areas, creating a private retreat for year round enjoyment. Multiple covered and screened outdoor spaces provide room for dining, entertaining, relaxing, or simply enjoying the peaceful waterfront setting. The backyard offers direct frontage on Bowlees Creek with a seawall, DOCK, and covered BOAT LIFT already in place. Launch your boat, kayak, or paddleboard right from your backyard and enjoy easy access to the surrounding waterways. The creek setting provides a tranquil backdrop with mature trees and natural scenery while still being conveniently located near shopping, dining, beaches, downtown Sarasota, SRQ Airport, and all that the area has to offer. Whether you are searching for a primary residence, seasonal retreat, investment opportunity, or waterfront property to update and make your own, this home presents exceptional value. With an updated kitchen, waterfront location, pool, boat lift, desirable setting next to Sara Bay Country Club, and pricing below current market value for a quick sale, this is an opportunity that savvy buyers will not want to miss. Bring your vision and unlock the full potential of this waterfront gem.

Listing Status:
Active
Date Added:
June 22, 2026
Data Last Updated:
June 24, 2026 at 12:23PM
Listing Office:
RE/MAX ALLIANCE GROUP : 941-758-7777
Listing Agent:
Jay Travis, PA : 941-812-7277
MLS ID:
A4696859
  • General: Ceiling Fans(s)Primary Bedroom Main FloorSolid Surface CountersThermostat
  • Rooms: Inside Utility
  • Appliances: DishwasherDisposalMicrowaveRangeRefrigerator
  • Laundry: InsideLaundry Closet
  • Flooring: LaminateTerrazzoTile
  • A/C: Central Air
  • Heating: CentralElectric
  • Fireplace: Living RoomWood BurningFireplace
  • General: French DoorsSliding Doors
  • Other Structures: PorchScreenedPatioCovered
  • Pool: In Ground
  • Parking: Circular Driveway
  • Roofing: Shingle
  • General: FrameOneSlab
  • Road/Access: AsphaltPaved
  • HOA Amenities: 40.0Annually
  • Originating MLS: Stellar MLS
  • County: Manatee
  • Zoning: RSF3/HA/LOT 3MAGELLAN PARKUNIT 1TOGETHER WITH THAT PART OF LOT 4 OF SD MEGELLAN PARK DESC AS FOLLOWS: BEG AT THE SW COR OF SD LOT 4; TH NLY ALG THE W LN OF SD LOT 4 AND ANY NECESSARY EXTENSION THEREOF166.30 FT TO ITS INTERSECTION WITH A CON BLOCK SEA WALL; TH SELY ALG SD SEAWALL 3.75 FT; TH SLY ON A LN LYING 1 INCH E OF A CHAIN LINK FENCE AND ANY NECESSARY6727400001
  • View: Water
  • Utilities: Cable AvailableElectricity ConnectedPublicSewer ConnectedWater Connected
  • Water: Public
  • Sewer: Public Sewer
  • Source: Stellar MLS
  • Ownership: Fee Simple

This listing courtesy of Jay Travis, PA , RE/MAX ALLIANCE GROUP

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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