A RARE OPPORTUNITY TO OWN A MULTI-PROPERTY HOMESTEAD within a mere stroll & in view of Bayou Chico Waterfront Park! On nearly a 1/2 acre lot located in desirable Lakewood Subdivision a TRULY STUNNING turn-key open-concept home with attached garage, a MASSIVE 16' X 32' outbuilding which is ready for conversion to a possible in-law or rental AND an outlined space by owner, opposite of the yard for a 3rd home to potentially generate additional revenue awaits! Owner of 26 years undertook a major renovation converting a 3ba/1ba into this GORGEOUS 2BD/2BA HOME from 2018 to present. Walls were gutted down to the studs with NEW BIG TICKET ITEMS to include; Sewer conversion, wiring throughout, updated plumbing, roof & decking on both the finished house & outbuilding, 2.5 ton HVAC, new siding, water heater, 3/4 wrap-around deck (currently stained), front picture window with functional side windows, designer glass-panel front door & refinished hardwood floors in 2025. Throughout this STUNNER from top to bottom, left to right you'll find high-end luxury amenities. Located in desirable Lakewood Subdivision with Bayou Chico Waterfront Park a great place for children, fishing, or kayakers with only a 2.5-3 mile paddle to the Oar House Restaurant on the water, renowned Joe Patties Seafood Market, or the newly opened Waterfront Beach Park in Booming Downtown Pensacola which is only minutes of a drive. Proud owner states,house has never flooded & withstood all hurricanes! Front load W/D convey.
Listed By
Agency Name: WaterFrontCity Realty LLC
Agency Phone: 850-712-2591
Shown By
Agency Title: The Realty Vault
Agency Phone: 850-477-3948
Estimated Payment
$ 805.51 per month $712.18 Principal & Interest $0.00 Property Tax (data not provided by mls) $93.33 Homeowner's Insurance
503 Mandalay Dr | MLS# 683654
This single family home located at 503 Mandalay Dr, Pensacola, FL 32507 is currently listed for sale with an asking price of $320,000. This property was built in 1965 and has 2 bedrooms and 2 full baths with 1147 sq. ft. Mandalay Dr is located in the Lakewood subdivision. Search Lakewood real estate on www.therealtyvault.com today.