Listing provided courtesy of WaterFrontCity Realty LLCMLS# 683654MLS Provider
  • 27 days on site
  • 1 views

FLEXIBLE SELLER! You are going to LOVE this remarkably detailed remodeled home that sits on a near half-acre leveled lot & conveys with a massive 16' X 32' gambrel-style-outbuilding. In 2018 the entire interior was gutted to the studs & meticulously remodeled from a small 3-bd,1-ba to a STUNNING large open-concept 2-bd, 2-full bath HOME! Within view of & less than a 100 steps to Lakewood Waterfront Park on Bayou Chico with NO HOA means no restrictions on your recreational toys. A mere drive to Downtown Pensacola, Naval Base, Naval Hospital, & I-110 makes this an ideal investment. Live in the finished home & rent the outbuilding (once converted) or use for the in-laws. Big ticket items new in 2018-2019 include, Roof, HVAC System, Plumbing, Water Heater, Vinyl Siding, Insulation & Rewiring Throughout the finished home. Interior was recently painted in Behrs (Blue Kiss) & is ready for your personal touch. Hardwood floors in the living area & bedrooms were recently refinished. A 3/4 wrap-around front deck was just stained. Limestone gravel drive just put in. The outbuilding also has a new front deck with exterior paint in the works....WOW! Lakewood waterfront park is perfect for fishing, children playing or kayaking, in fact, 1.5-2.5 mile paddle puts you at the newly opened Pensacola Beach Park in Downtown Pensacola or pull up your boat to the Oar House Restaurant! A truly stunning meticulously crafted remodeled home that should not be missed & a rare find with a 1/2 lot this close to water & downtown. Call your Realtor to schedule a viewing...You'll be so glad you did~

Source: Pensacola MLS, MLS#: 683654

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  • Property Type
    Residential
  • Lot
    0.46 acres

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Leigh McPherson

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 503 Mandalay Dr


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/26/2026Source: Pensacola MLS Price Reduction
$315,000 -1.6%
6/3/2026Source: Pensacola MLS Added to Database
June 03, 2026