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245 Magellan Drive, SARASOTA, FL – $1,497,000

  • 4 Beds
  • 4 Baths
  • 2,818 Sqft
  • .47 Acres
  • 4 Beds
  • 4 Baths
  • 2,818 Sqft
  • .47 Acres

245 Magellan Drive

Have you ever dreamt of owning a house on a private island? Well, "Blue Island" is where your dream becomes REALITY!! This is a very unique opportunity to purchase one of the best waterfront properties in the area. This home sets on the end of peninsula with water on 3 sides. If the water is what you crave then this property will make you feel connected to it with water views from every room. The home is part of the Whitfield Estates neighborhood which provides some deed restrictions, and a Culinary membership to the Donald Ross designed historic Sara Bay Country club and golf. The location provides easy access to Downtown Sarasota, Downtown Bradenton and all of our world famous beaches, deep water boating with 2 full service marinas, a gas dock, and a Tiki bar all within a 1/4 mile. Boaters will love the location with quick easy access the the Bay and Gulf of Mexico. The home has been completely remodeled and offers 3 bedrooms, 2 1/2 baths, plus a 1 bedroom and 1 bath guest house, open kitchen with incredible water and sunset views, large laundry room, 3 car carport, garage/ workshop with sliding barn doors to access your covered boat house, 450 foot of new seawall, new 10,000 lb direct drive boat lift, 20' x 40' lap pool with huge paver deck, large paver driveway for multiple vehicles, fishing/ lounging dock, almost half an acre of land, all while being only minutes to Sarasota Airport. This property was originally built for the developer of the neighborhood, as it is the absolute best lot. The property was held in the same family for generations until recently, when this property was restored to better than new, with all new Seawall, resurfaced pool, new HVAC, New Metal roof, new hurricane sliding patio doors, new motorized patio roof, new 10,000lb boat lift, new septic system, new whole house water purifier, the list goes on and on. "Blue Island" is ready for the next family to make their memories. It is truly such an incredible property. If you love the water and want to be close to everything Sarasota has to offer this is the home for you. Bring your boat, bring your kayaks and paddle boards and start living the Waterfront lifestyle. Zoning allows for short term rentals with no restrictions if you are interested in offsetting costs.

Essential Information

  • MLS® #A4611712
  • Price$1,497,000
  • Bedrooms4
  • Bathrooms4.00
  • Full Baths3
  • Half Baths1
  • Square Footage2,818
  • Acres0.47
  • Year Built1957
  • TypeResidential
  • Sub-TypeSingle Family Residence
  • StyleFlorida
  • StatusActive

Community Information

  • Address245 Magellan Drive
  • AreaSarasota
  • CitySARASOTA
  • CountyManatee
  • StateFL
  • Zip Code34243

Subdivision

WHITFIELD ESTATES ON SARASOTA BAY BLKS

Amenities

  • ParkingCovered
  • # of Garages1
  • ViewWater
  • Is WaterfrontYes
  • WaterfrontCanal - Brackish
  • Has PoolYes

Amenities

Golf Course, Optional Additional Fees, Vehicle Restrictions

Interior

  • HeatingCentral
  • CoolingCentral Air
  • FireplaceYes
  • # of Stories1

Interior Features

Ceiling Fans(s), Eat-in Kitchen, Open Floorplan, Primary Bedroom Main Floor, Solid Wood Cabinets, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments

Appliances

Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer, Water Filtration System

Fireplaces

Living Room, Masonry, Wood Burning

Exterior

  • RoofMetal
  • FoundationSlab

Exterior Features

Irrigation System, Private Mailbox, Rain Gutters, Sliding Doors, Storage

Lot Description

Flood Insurance Required, Landscaped, Level, Near Golf Course, Near Marina, Near Public Transit, Oversized Lot, Private, Street Dead-End, Paved, Tip Lot

School Information

  • ElementaryFlorine J. Abel Elementary

Additional Information

  • Date ListedMay 24th, 2024
  • Days on Market24
  • ZoningRSF3/WR/
  • Taxes$12,169
  • HOA Fees$0

Listing Details

  • OfficeEXIT KING REALTY
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Listing data comes from My Florida Regional MLS DBA Stellar MLS.

Listing information last updated on June 17th, 2024 at 1:18am EDT.