503 Laguna Drive

Tierra Verde FL 33715

3926 sq. ft.

10589 sq. ft.

Single-Family

Last sold for $1,625,000

Andrew Salamone, last sold this property on 07 August 2026 after 50 days on market.

Overview

On one of Tierra Verde’s finest waterways, where two wide channels meet, 503 Laguna Drive commands panoramic water views across a broad, sheltered basin from a high elevation that kept the home and garage untouched by flooding through the storms of 2024. The dock was rebuilt in 2025 on deep, protected water and carries a boat lift that has hosted a 30-foot cruiser, plus twin davits, open decking, and a lighted landing with quick access to the Intracoastal and the Gulf. Inside, a soaring great room anchors the home with two-story ceilings, four massive timber beams, a whitewashed stone double-sided fireplace, and walls of glass that slide open to the pool deck. The kitchen offers granite counters, double wall ovens, an island cooktop, freshly repainted cabinetry, a generous walk-in pantry, and French doors to a private terracotta screened-in courtyard made for grilling, while the formal dining room sits in a turret of arched windows just off the foyer. The first-floor primary suite lives step-free from bedroom to pool deck, a combination rarely found in an elevated home and includes a fitted walk-in dressing room with a brand-new skylight, pass-through access to the laundry, and a dual-vanity bath with vessel sinks, a jetted garden tub, and a separate shower. Upstairs, a loft office overlooks the great room, and two vaulted bedrooms share a hall bath, one opening to a covered deck where the view stretches across the basin and down both channels. Enormous outdoor living area within a two-story screened enclosure with 122 newly replaced screens: a large heated pool, roughly eight feet deep and fully resurfaced with new tile, marble, and granite, a raised piano shaped spa with waterfall, a covered lanai with bar, sink, and beverage refrigerator, swing seating at the water’s edge, and a rebuilt spiral stair to the upper deck, where all wood and railings were replaced within the past year. Recent updates continue throughout: roof (May 2025), water heater 2025, A/C systems (2023 and 2021), pool pump (2026), new flooring, new garage doors, freshly epoxied driveway, smart lighting, and keypad entry. Concrete block construction anchors the lower structure and garage beneath oversized framing above. Tierra Verde offers a rare combination of privacy, boating access, and proximity to everything that makes the Florida lifestyle so compelling. For boaters, few places compare: immediate access to the Intracoastal and open Gulf waters, deep protected canals, and a relaxed island character where daily life revolves naturally around the water. And the island sits slightly removed from the rush of the mainland, yet only minutes from Fort De Soto Park, Pass-a-Grille, and the museums, dining, and energy of downtown St. Petersburg.

Features

3 bedrooms

4 bathrooms

2 carspaces

2 garage spaces

3926 sq. ft. floor area

10589 sq. ft. lot size

Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Tierra Verde over the last 12 months, the estimated median property value of 503 Laguna Drive is $1.13m.

Median value

$1.13m

Estimated value range

$565k - $4m

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Tierra Verde. 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.