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$315,000

  • For Sale
  • Active
  • Single Family
  • 2 Beds
  • 2 Full Baths
  • 1,147 Sq. Ft.
  • Updated 1 day ago
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THIS 2 BD-2 FULL BATH HOME WITH POTENTIAL FOR MULTI-PROPETY USE IS A SHOW-STOPPER! Long-time flexible-owner/ part-time-resident has been meticulously remodeling since 2017-present starting with gutting interior down to studs. Roof, electrical, plumbing, sewer converted, vinyl-siding, insulation, HVAC system, water heater replaced 2017-2019. Better than the average new house on the market, this stunner not only sits on just under a half-acre but conveys with a MASSIVE 16' X 32' gambrel-style outbuilding which also had roof & decking replaced in 2017. Exterior of outbuilding was recently painted the same color as the main home & owner just finished its brand new front deck. Once fully converted it would make a great in-law or a fantastic rental. You'd be hard-pressed to find another meticulously crafted remodeled home with all high-end amenities that run throughout, an attached garage along with potential for another home that sits on just under a 1/2 acre lot, within view of Bayou Chico Lakewood Waterfront Park, a mere drive to BOOMING Downtown Pensacola, Naval Base, Naval Hospital, VA, Gulf Beach Hwy., & so much more. NO HOA so bring your recreational toys. Owner says, "property has never flooded & property sits in a no flood zone for cheaper insurance. Owner just had a limestone gravel drive put in & then finished it with custom paver edging & a new front deck paved landing pad...WOW! Call your Realtor to view, you'll be glad you did~

Full Property Details for 503 Mandalay Dr

General

  • Price: $315,000
  • Status: Active
  • Type: Single Family
  • Source: Pensacola
  • MLS ID: 683654
  • Updated: 7/20/2026
  • Added to Site: 48 day(s) ago

Interior

  • Interior Features: Baseboards, Ceiling Fan(s), Recessed Lighting, Vaulted Ceiling(s), Smart Thermostat
  • Appliances: Electric Water Heater, Dryer, Washer, Dishwasher, Freezer, Microwave, Refrigerator, Self Cleaning Oven, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Washer, ENERGY STAR Qualified Water Heater
  • Flooring: Bamboo, Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 2
  • Primary Bedroom: 17 x 12, First Level, 204 Sq. Ft.
  • Bedroom 1: 10 x 12, First Level, 120 Sq. Ft.

Other Rooms

  • Kitchen: Remodeled, Kitchen Island, Pantry
  • Dining Room: Breakfast Room/Nook, Kitchen/Dining Combo, Living/Dining Combo

Exterior

  • Deck/Patio: Deck

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Total Spaces: 1
  • Parking Features: Garage, Front Entrance, Guest

Location

  • County: Escambia - Fl
  • Subdivision: Lakewood
  • Driving Directions: West on Garden St to left onto Barrancas Ave 1.6 miles cross over the Bayou Chico Bridge & turn Right onto Weis /Lakewood Rd for 2miles & then left on Mandalay Dr & home is on the right.

School Information

  • Elementary School: Warrington Elementary
  • Middle School: BAILEY
  • High School: Escambia

Heating & Cooling

  • Cooling Type: Central Air, Ceiling Fan(s), ENERGY STAR Qualified Equipment
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Ranch
  • Construction: Frame
  • Roof: Shingle, Gable
  • Stories/Levels: 1
  • Square Feet: 1,147
  • Year Built: 1965
  • Property Condition: Resale

Lot Features

  • Property View: Bayou, Water
  • Lot Size (Acres): 0.46
  • Street/Road Desc.: Paved
  • Road Maintenance: County Maintained Road
  • Lot Features: Interior Lot
  • Zoning: Res Multi, Res Single
  • Fencing (Description): Back Yard, Chain Link

Water Features

  • Water View: Yes

Financial Considerations

  • Price Per Sq. Ft.: $274.63

Disclosures and Reports

  • Property ID: 592S301000002005

Listed by WaterFrontCity Realty LLC

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Listing agent

— 503 Mandalay Dr —

  • WaterFrontCity Realty LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 503 Mandalay Dr

School District:Escambia County School District, Cantonment, FL
NameGradesDistance
Warrington Elementary School
220 North Navy Boulevard, Pensacola, FL 32507
PK-51.2 mi
Warrington Middle School
450 South Old Corry Field Road, Pensacola, FL 32507
6-80.7 mi
Pensacola High School
500 West Maxwell Street, Pensacola, FL 32501
9-123.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 503 Mandalay Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/26/2026
Price Reduced
$315,000
-1.56%
MLS
6/03/2026
Listed
$320,000
527.45%
MLS
11/08/1999
Sold
$51,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 503 Mandalay Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$647
25%
$65,968
3%
2024
$517
-1%
$64,109
3%
2023
$520
—
$62,242
6%
2021
$521
1%
$58,670
-3%
2022
$515
-1%
$60,430
4%
2021
$521
2%
$57,860
4%
2018
$511
—
$55,506
2%
2017
$512
1%
$54,365
-4%
2019
$508
-1%
$56,560
6%
2016
$512
4%
$53,247
1%
2015
$491
7%
$52,877
1%
2014
$459
-4%
$52,458
1%
2013
$479
—
$51,683
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 503 Mandalay Dr

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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Listed by WaterFrontCity Realty LLC

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503 Mandalay Dr, Pensacola, FL 32507 (MLS# 683654) is a Single Family property with 2 bedrooms and 2 full bathrooms. 503 Mandalay Dr is currently listed for $315,000 and was received on June 03, 2026. Want to learn more about 503 Mandalay Dr? Do you have questions about finding other Single Family real estate for sale in Pensacola? You can browse all Pensacola real estate or contact a Coldwell Banker agent to request more information.

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