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$310,000

  • Sold
  • Closed
  • Single Family
  • 2 Beds
  • 2 Full Baths
  • 1,147 Sq. Ft.
  • Updated 1 day ago
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WOW...A mere stroll to Lakewood Waterfront Park & a half-mile to Island Cove Marina & Pelicans Perch Marina sits this REMARKABLE REMODELED STUNNING PROPERTY! Looking to downsize home yet have room for beloved pets OR extra room for recreational toys? How about a place where you can live in one & rent another to offset bills? This mid-century home with attached garage with a gambrel-style 16' x 32' outbuilding on a near HALF-ACRE checks all boxes! The finished home WITH SEWER & 200 amp makes it an easy connection to the outbuilding. Homes in Lakewood Subdivision were built to stand the test of time & NO HOA...so bring your recreational toys. In 2017-2020 home was gutted down to studs & remodeled from inside out with new roof, plumbing, rewiring, windows, vinyl-siding, insulation, decking, 2.5 ton HVAC System, water heater & more. Wood floors & interior painting were recently done along with a new gravel drive with pave edging & a custom landing pad off the 3/4 wrap-around cedar-stained deck. The roof on home & outbuilding are both 2017. A mere stroll to the waterfront park where you can paddle right to the Oar House Waterfront Restaurant, renowned Joe Patti's Seafood Market or the newly opened Beach Park with trails. Booming Downtown & Naval Air Station are a mere drive, in fact, Pensacola's own 'Blue Angels' practice weekly right over Lakewood, giving you front row seating....WOW! Longtime owner says, "home has never flooded" Home is in an "X" zone & sits right outside city limits. This home is a "WOW" factor....call a Realtor to view, you'll be glad you did~

Full Property Details for 503 Mandalay Dr

General

  • Sold For: $310,000
  • Status: Closed
  • Type: Single Family
  • Source: Pensacola
  • MLS ID: 683654
  • Added to Site: 122 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: Heading West on Garden St to L on Barrancas for 1.6 to right onto Lakewood Rd about a mile to Left onto Mandalay Drive.

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.: $270.27

Disclosures and Reports

  • Property ID: 592S301000002005

Listed by WaterFrontCity Realty LLC
Sold by PAR Outside Area Listing Office

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

Date
Details
Price
Change
Source
10/01/2026
Sold
$310,000
1.64%
MLS
7/30/2026
Price Reduced
$305,000
-3.17%
MLS
6/26/2026
Price Reduced
$315,000
-1.56%
MLS
6/03/2026
Listed
$320,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by WaterFrontCity Realty LLC
Sold by PAR Outside Area Listing Office

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503 Mandalay Dr, Pensacola, FL 32507 (MLS# 683654) is a Single Family property that was sold at $310,000 on October 01, 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.