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503 LAGUNA DRIVE

House Active With Contract
$1,750,000

BTC: 26.84872660

ETH: 919.77462894

19 days
Waterfront
3 bds
3 ba
2,667 sqft

Overview

Under contract-accepting backup offers. On one of Tierra Verde’s finest waterways, where two wide channels meet, 503 Laguna Drive commands panoramic water views across a broad, sheltered basin from a high elevation that kept the home and garage untouched by flooding through the storms of 2024. The dock was rebuilt in 2025 on deep, protected water and carries a boat lift that has hosted a 30-foot cruiser, plus twin davits, open decking, and a lighted landing with quick access to the Intracoastal and the Gulf. Inside, a soaring great room anchors the home with two-story ceilings, four massive timber beams, a whitewashed stone double-sided fireplace, and walls of glass that slide open to the pool deck. The kitchen offers granite counters, double wall ovens, an island cooktop, freshly repainted cabinetry, a generous walk-in pantry, and French doors to a private terracotta screened-in courtyard made for grilling, while the formal dining room sits in a turret of arched windows just off the foyer. The first-floor primary suite lives step-free from bedroom to pool deck, a combination rarely found in an elevated home and includes a fitted walk-in dressing room with a brand-new skylight, pass-through access to the laundry, and a dual-vanity bath with vessel sinks, a jetted garden tub, and a separate shower. Upstairs, a loft office overlooks the great room, and two vaulted bedrooms share a hall bath, one opening to a covered deck where the view stretches across the basin and down both channels. Enormous outdoor living area within a two-story screened enclosure with 122 newly replaced screens: a large heated pool, roughly eight feet deep and fully resurfaced with new tile, marble, and granite, a raised piano shaped spa with waterfall, a covered lanai with bar, sink, and beverage refrigerator, swing seating at the water’s edge, and a rebuilt spiral stair to the upper deck, where all wood and railings were replaced within the past year. Recent updates continue throughout: roof (May 2025), water heater 2025, A/C systems (2023 and 2021), pool pump (2026), new flooring, new garage doors, freshly epoxied driveway, smart lighting, and keypad entry. Concrete block construction anchors the lower structure and garage beneath oversized framing above. Tierra Verde offers a rare combination of privacy, boating access, and proximity to everything that makes the Florida lifestyle so compelling. For boaters, few places compare: immediate access to the Intracoastal and open Gulf waters, deep protected canals, and a relaxed island character where daily life revolves naturally around the water. And the island sits slightly removed from the rush of the mainland, yet only minutes from Fort De Soto Park, Pass-a-Grille, and the museums, dining, and energy of downtown St. Petersburg.

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
1985
Lot:
0.24 Acres
Heating:
Central
Price/sqft:
$656
Cooling:
Central Air
HOA:
$14

Valuation

Our model vs. what's actually selling nearby.
Estimate
$975,000
$699K – $1.4M
Confidence Low
List vs. estimate
$775K above estimate
List $1,750,000 · +79.5%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$656
+20.0% vs. city median $547
Based on
7 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$10,337
2025
HOA
$14/qtr
Pool
In Ground
Waterfront
Canal - Saltwater
Garage
2 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Carpet

    • Vinyl

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Built-In Oven

    • Cooktop

    • Dishwasher

    • Dryer

    • Refrigerator

    • Washer

    Other interior features

    • Cathedral Ceiling(s)

    • Open Floorplan

    • Primary Bedroom Main Floor

    • Vaulted Ceiling(s)

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Bathrooms: 1

    • Full bathrooms: 3

  • Property

    • Levels: Two

    • Pool Private: Yes

    • Exterior Features: Balcony / Irrigation System

    Lot

    • Lot: 0.24 Acres

    Other Property Information

    • Parcel Number: 173216908280130180

    • Zoning: R-2

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • BB/HS Internet Available

    • Cable Available

    • Electricity Connected

    • Sewer Connected

    • Water Connected

  • Other financial information

    • HOA: $14

    • HOA Frequency: Quarterly

    • Annual tax amount: $10,338

  • Source details

    • MLS ID: TB8512948

    Other facts

    • Construction Materials: Block / Stucco

    • Foundation Details: Other

    • Fireplace Features: Living Room / Wood Burning

    • Laundry Features: Inside / Laundry Room

    • Pool Features: In Ground

    • Direction Faces: South

    • Waterfront: Yes

    • Fireplace: Yes

    • Water Body Name: BABY GRAND / PINE KEY CUTOFF

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 2667

    • Water Source: Public

    • Lot Size Dimensions: 55.1 x 115

    • Subdivision Name: TIERRA VERDE

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: COMPASS FLORIDA LLC