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About This Home
This 2-bedroom, 2-bathroom single family at 503 Mandalay Dr in Pensacola, FL is listed for $320,000 ($279 per sqft). Built in 1965, the home offers 1,147 sqft of living space on a 0.46 acres lot.
This INCREDIBLE remodeled spacious open-concept 2-BD, 2BA home on just under a 1/2 acre lot along with a MASSIVE 16' X 32' gambrel-style outbuilding (currently getting a new front deck & exterior painting) IS A MUST-SEE! Within view of & a mere stroll of Bayou Chico with no hoa in Lakewood Subdivision it's perfect for children, fishing & kayaking,
in fact a 1.5-2.5 mile paddle puts you at either the Oar House Restaurant on the water or the newly opened beach park. BOOMING DOWNTOWN PENSACOLA & NAS BASE, are about a 2 mile drive & in fact, you'll have front row seating on your new 3/4 wrap-around stained deck to watch weekly practices by The Blue Angels - WOW!
The Roof, wiring throughout, plumbing, Goodman HVAC System, Rheem Water Heater & vinyl-siding /insulation was done in 2018 after the owner of 26 yrs gutted the interior down to studs. A once small 3-bd/ 1-ba is now a large 2-bd/2-ba open-concept STUNNER!
Owner's craftsmanship, meticulous detailed work in this home, boasting with luxury amenities, will having you saying, "WOW" from the moment you walk-in. Situated mere minutes to BOOMING Downtown Pensacola & the Naval Air Station, Recent upgrades include refinishing of hardwood floors in living area & bedrooms & new paint throughout in (Blue Kiss).
No HOA in Lakewood & with a near half-acre lot & a short stroll from the water you'll have no reason not to bring your recreational toys. The detached outbuilding will make a great in-law or a rental/airbnb situation, once fully converted. Call your Realtor to view...You'll be so glad you did ~
Key Features
- Built in 1965
- 0.46 acre lot
- 1 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$1,711/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
503 Mandalay Dr
Pensacola, FL 32507
Lakewood
Property Details
Construction
Views
Pool Features
Parking
Heating
Cooling
Appliances
Questions & Answers
This 2-bedroom, 2-bathroom single family at 503 Mandalay Dr is listed at $320,000 ($279/sqft). The estimated monthly payment is $1,387 based on 20% down at 6.5% interest.
Key features include: Built in 1965, 0.46 acre lot, 1 parking spaces.
This property is listed by Sherilee Poisson and can be reached at 8507122591 or s.a.poisson@gmail.com.








