Residential Property - Single Family Residence in Sarasota
Listing Price: $675,000 (Mortgage Calculator →)
Description of Property
Welcome to 5566 Magnolia Tree Terrace, nestled in the charming community of Magnolia Pond in Sarasota — a quiet enclave of just 59 homes surrounded by three picturesque lakes. A brick paver driveway leads to the two-car garage and elegant double-door entry, framed by lush, manicured landscaping. Step inside and be immediately captivated by tranquil water views and an immensely functional floor plan designed for both entertaining and everyday living. The formal living room showcases a vaulted ceiling and pocketing sliders that seamlessly blend indoor and outdoor spaces, opening to the pool and tropical vista beyond. A separate formal dining room with wood flooring and built-in server creates the perfect setting for memorable gatherings. The open kitchen flows effortlessly into the casual dining area and family room, while sliding glass doors lead to the screened lanai — ideal for hosting or simply relaxing. Outside, enjoy a gas-heated pool and spa, brick paver deck, and a separate covered area perfect for a future outdoor kitchen. This four-bedroom home features a desirable split floor plan. The spacious primary suite boasts tray ceilings, a walk-in closet, and private lanai access, and update en-suite bathroom. A second bedroom includes an bath with direct pool access for guest privacy. Two additional bedrooms share the 3rd bathroom, providing comfort and flexibility for family or visitors. Crown molding, architectural ledges, and thoughtful details enhance the home throughout. A new roof in 2024 offers added peace of mind, along with the new pool cage in 2025. Whether you're a snowbird seeking sunshine or a family wanting proximity to A-rated schools, this home delivers the Florida lifestyle at its finest. Located just minutes from the soft sands of Siesta Key Beach, world-class dining, The Mall at University Town Center, and the scenic Legacy Trail, convenience and recreation are always within reach. This is a home where the good life truly keeps on giving. Schedule your private showing today!
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Sarasota
County: Sarasota
Subdivision: Magnolia Pond
Bedrooms: 4
Bathrooms: 3
Sq. Ft. Gross: 3,139
Sq. Ft. Living Area: 2,264
Cost per (heated) sqare foot: $298
Year built: 1997
Annual Tax: $3,722
HOA Fee: $900 Annually
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Appliances: Washer
Flooring: Hardwood
Schools
Elementary School: Ashton Elementary
Middle/Junior High School: Sarasota Middle
High School: Riverview High
Pool & Waterfront Info
Private Pool: Yes
Pool Features: In Ground
Spa Features: Heated
Exterior & Construction
Construction: Block
Foundation: Slab
Roof: Shingle
Exterior Features: Sliding Doors
Garage: Yes
Garage Spaces: 2
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Central
Sewer: Public Sewer
Water Source: Public
Community Features: Deed Restrictions
Lot Information
Lot Features: Landscaped
Lot Size (acres): 0.21
Lot Size (sq. ft.): 9,000 square feet
Front Exposure: South
Legal Description & Other Information
Financing Available: VA Loan
Parcel Number: 0093110040
Zoning: RSF3
Pets Allowed/Pet Policies: Yes
Tax Legal Desc.: LOT 45 MAGNOLIA POND ORI 1999106428 & 6429
Section: 12
Range: 18
Listing courtesy of COMPASS FLORIDA LLC. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.