Back 1320 Magellan Drive
Off Market

1320 Magellan Drive

Sarasota FL 34243

3
2
1
2823 sq. ft.
12576 sq. ft.
Single-Family
Last sold for $405,000
Tina ClementsTina Clements, last sold this property on 06 February 2026 after 314 days on market.

Overview

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), Newer 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!

Features

3 bedrooms
2 bathrooms
1 carspace
1 garage space
2823 sq. ft. floor area
12576 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Sarasota over the last 12 months, the estimated median property value of 1320 Magellan Drive is $465k.

Median value
$465k
Estimated value range
$220k - $1.27m
Median days on market
40
Estimated value trend
-2%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Sarasota. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1320 Magellan Drive

2026
Sold
$405,000
06 Feb 2026 by Tina Clements, of RE/MAX ALLIANCE GROUP
2015
Sold
$185,000
04 May 2015 by Rachelle Tirey, of KELLER WILLIAMS ON THE WATER S
2012
Sold
$155,000
22 Oct 2012 by Jarrod Luparell, of EVERHART REALTY & DEVELOPMENT

Happy sellers in Sarasota

82%
82% of sellers in Sarasota reported that their sale price either exceeded or met their price expectations.

Sarasota stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 24 reviews in Sarasota over the last 12 months.

Local market activity for 3 bedroom single-family properties in Sarasota

In the last 12 months, 261 three-bedroom single-family properties similar to 1320 Magellan Drive, have been sold.

This represents a 3% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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