Magnolia Bay Homes under $500,000

Magnolia Bay Homes under $500,000

Welcome to Magnolia Bay, a hidden gem nestled in the picturesque landscapes of Osprey and Nokomis, Florida. This charming subdivision is a perfect blend of tranquility and modern living, making it an ideal place for families, retirees, and anyone looking to enjoy the beauty of the Sunshine State.

Magnolia Bay boasts a diverse selection of homes, many of which are available for under $500,000, offering incredible value in a market where affordability is often hard to find. These well-designed residences feature spacious layouts, contemporary finishes, and beautiful outdoor spaces that invite you to embrace Florida's year-round sunshine. Whether you’re seeking a cozy villa or a family-sized home, Magnolia Bay has something to suit every lifestyle and budget.

The community itself is thoughtfully planned, with lush landscaping, serene walking paths, and inviting common areas that foster a strong sense of neighborly connection. Residents enjoy easy access to nearby beaches, parks, and recreational facilities, making it easy to immerse yourself in the vibrant outdoor lifestyle that Florida is known for.

Just a short drive away, you'll find the charming shops and restaurants of Osprey and Nokomis, as well as cultural attractions and entertainment options that enrich the community's appeal. Living in Magnolia Bay means you can experience the best of both worlds—peaceful suburban living with the excitement of coastal life just moments away.

Discover your dream home in Magnolia Bay today, where affordability meets the idyllic Florida lifestyle!

Newest Magnolia Bay Homes under $500,000

128 Gentle Rain Lane, Nokomis
$424,610
4 Beds ⋅ 2 Baths ⋅ Magnolia Bay SubDv. ⋅ 34275 Zip Code
Under Construction. Brand new, energy-efficient home available by Jan 2027! The Foxglove floorplan showcases a spacious open-concept layout with 4 bedrooms, 2 bathrooms, and a 2-car garage. The open kitchen overlooks a generous great room and dining area, making it ideal for both everyday living and entertaining. New energy-efficient move-in ready homes in Nokomis, FL include a washer, dryer, fridge, and whole home blinds, plus they can be closing-ready in 60 days or less–guaranteed. (You'll be reimbursed up to $5,000 in expenses related to delays we cause.) Have it all: Relax in your private primary suite, enjoy the covered back patio, and experience resort-style amenities, all with easy access to Venice and Sarasota. Each of our homes is built with innovative, energy-efficient features designed to help you enjoy more savings, better health, real comfort and peace of mind.

128 Gentle Rain Lane, Nokomis
104 Canoe Bend Avenue, Nokomis
$367,700
3 Beds ⋅ 2 Baths ⋅ Magnolia Bay SubDv. ⋅ 34275 Zip Code
Under Construction. Brand new, energy-efficient home available by Dec 2026! The Denali II floorplan features a spacious open-concept design with 3 bedrooms, 2 bathrooms, and a 2-car garage. The chef-inspired kitchen seamlessly connects to the expansive great room and dining area, perfect for entertaining or everyday living. New energy-efficient move-in ready homes in Nokomis, FL include a washer, dryer, fridge, and whole home blinds, plus they can be closing-ready in 60 days or less–guaranteed. (You'll be reimbursed up to $5,000 in expenses related to delays we cause.) Have it all: Relax in your private primary suite, enjoy the covered back patio, and experience resort-style amenities, all with easy access to Venice and Sarasota. Each of our homes is built with innovative, energy-efficient features designed to help you enjoy more savings, better health, real comfort and peace of mind.

104 Canoe Bend Avenue, Nokomis
125 Sycamore Fold Street, Nokomis
$453,660
4 Beds ⋅ 3 Baths ⋅ Magnolia Bay SubDv. ⋅ 34275 Zip Code
Under Construction. Brand new, energy-efficient home available by Jan 2027! The Orchid features a first-floor primary suite for added privacy. Upstairs, a spacious loft is perfect for work or play. The open kitchen shines with a large island, ideal for cooking and entertaining. New energy-efficient move-in ready homes in Nokomis, FL include a washer, dryer, fridge, and whole home blinds, plus they can be closing-ready in 60 days or less–guaranteed. (You'll be reimbursed up to $5,000 in expenses related to delays we cause.) Have it all: Relax in your private primary suite, enjoy the covered back patio, and experience resort-style amenities, all with easy access to Venice and Sarasota. Each of our homes is built with innovative, energy-efficient features designed to help you enjoy more savings, better health, real comfort and peace of mind.

125 Sycamore Fold Street, Nokomis
136 Sun Chaser Drive, Nokomis
$452,320
3 Beds ⋅ 2 Baths ⋅ Magnolia Bay SubDv. ⋅ 34275 Zip Code
Under Construction. Brand new, energy-efficient home available by Dec 2026! Welcome to the sought-after Bergamo Plan 4M05, thoughtfully designed for modern living and effortless entertaining. At the heart of the home, a chef-inspired kitchen overlooks the spacious great room, dining nook, and covered lanai, creating a seamless flow for gathering with family and friends. Privately situated at the rear of the home, the luxurious primary suite a peaceful retreat featuring a generous walk-in closet, dual vanities, and the perfect space to unwind after a long day.

136 Sun Chaser Drive, Nokomis
124 Canoe Bend Avenue, Nokomis
$380,650
3 Beds ⋅ 2 Baths ⋅ Magnolia Bay SubDv. ⋅ 34275 Zip Code
Under Construction. Brand new, energy-efficient home available by Dec 2026! The Everglade floorplan showcases an open-concept design with 3 bedrooms, 2 bathrooms, and a spacious 2-car garage. The primary suite is privately located at the rear of the home and includes a generous walk-in closet. New energy-efficient move-in ready homes in Nokomis, FL include a washer, dryer, fridge, and whole home blinds, plus they can be closing-ready in 60 days or less–guaranteed. (You'll be reimbursed up to $5,000 in expenses related to delays we cause.) Have it all: Relax in your private primary suite, enjoy the covered back patio, and experience resort-style amenities, all with easy access to Venice and Sarasota. Each of our homes is built with innovative, energy-efficient features designed to help you enjoy more savings, better health, real comfort and peace of mind.

124 Canoe Bend Avenue, Nokomis
116 Canoe Bend Avenue, Nokomis
$392,660
4 Beds ⋅ 2 Baths ⋅ Magnolia Bay SubDv. ⋅ 34275 Zip Code
Under Construction. Brand new, energy-efficient home available by Nov 2026! The Acadia makes entertaining easy with an open kitchen, dining area, and great room. The primary suite is tucked in the rear of the home offering plenty of privacy and features a spacious walk-in closet and shower. New energy-efficient move-in ready homes in Nokomis, FL include a washer, dryer, fridge, and whole home blinds, plus they can be closing-ready in 60 days or less–guaranteed. (You'll be reimbursed up to $5,000 in expenses related to delays we cause.) Have it all: Relax in your private primary suite, enjoy the covered back patio, and experience resort-style amenities, all with easy access to Venice and Sarasota. Each of our homes is built with innovative, energy-efficient features designed to help you enjoy more savings, better health, real comfort and peace of mind.

116 Canoe Bend Avenue, Nokomis
124 Gentle Rain Lane, Nokomis
$438,020
4 Beds ⋅ 3 Baths ⋅ Magnolia Bay SubDv. ⋅ 34275 Zip Code
Under Construction. Brand new, energy-efficient home available by Dec 2026! The Essex's versatile flex can be used as a gaming area, home office or hobby space. The kitchen features a work island that overlooks the great room and dining area. Three full baths make morning routines easier. New energy-efficient move-in ready homes in Nokomis, FL include a washer, dryer, fridge, and whole home blinds, plus they can be closing-ready in 60 days or less–guaranteed. (You'll be reimbursed up to $5,000 in expenses related to delays we cause.) Have it all: Relax in your private primary suite, enjoy the covered back patio, and experience resort-style amenities, all with easy access to Venice and Sarasota. Each of our homes is built with innovative, energy-efficient features designed to help you enjoy more savings, better health, real comfort and peace of mind.

124 Gentle Rain Lane, Nokomis
356 Lazy Shore Drive, Nokomis
$368,110
3 Beds ⋅ 2 Baths ⋅ Magnolia Bay SubDv. ⋅ 34275 Zip Code
Under Construction. Brand new, energy-efficient home available by Nov 2026! The Denali II floorplan features a spacious open-concept design with 3 bedrooms, 2 bathrooms, and a 2-car garage. The chef-inspired kitchen seamlessly connects to the expansive great room and dining area, perfect for entertaining or everyday living. New energy-efficient move-in ready homes in Nokomis, FL include a washer, dryer, fridge, and whole home blinds, plus they can be closing-ready in 60 days or less–guaranteed. (You'll be reimbursed up to $5,000 in expenses related to delays we cause.) Have it all: Relax in your private primary suite, enjoy the covered back patio, and experience resort-style amenities, all with easy access to Venice and Sarasota. Each of our homes is built with innovative, energy-efficient features designed to help you enjoy more savings, better health, real comfort and peace of mind.

356 Lazy Shore Drive, Nokomis
121 Sycamore Fold Street, Nokomis
$390,670
3 Beds ⋅ 2 Baths ⋅ Magnolia Bay SubDv. ⋅ 34275 Zip Code
Under Construction. Brand new, energy-efficient home available by Dec 2026! The Bluebell floorplan showcases an open-concept design with 3 bedrooms, 2 bathrooms and a spacious 2-car garage. The kitchen seamlessly connects to the great room, dining nook, and outdoor patio, perfect for both everyday living and entertaining. New energy-efficient move-in ready homes in Nokomis, FL include a washer, dryer, fridge, and whole home blinds, plus they can be closing-ready in 60 days or less–guaranteed. (You'll be reimbursed up to $5,000 in expenses related to delays we cause.) Have it all: Relax in your private primary suite, enjoy the covered back patio, and experience resort-style amenities, all with easy access to Venice and Sarasota. Each of our homes is built with innovative, energy-efficient features designed to help you enjoy more savings, better health, real comfort and peace of mind.

121 Sycamore Fold Street, Nokomis
348 Lazy Shore Drive, Nokomis
$435,480
4 Beds ⋅ 3 Baths ⋅ Magnolia Bay SubDv. ⋅ 34275 Zip Code
Brand new, energy-efficient home available by Aug 2026! The Yellowstone offers an open-concept layout with 4 bedrooms, 2.5 baths, and a 2-car garage. The first-floor primary suite provides added convenience and privacy. Upstairs, a versatile loft creates the perfect space to entertain, relax or work. New energy-efficient move-in ready homes in Nokomis, FL include a washer, dryer, fridge, and whole home blinds, plus they can be closing-ready in 60 days or less–guaranteed. (You'll be reimbursed up to $5,000 in expenses related to delays we cause.) Have it all: Relax in your private primary suite, enjoy the covered back patio, and experience resort-style amenities, all with easy access to Venice and Sarasota. Each of our homes is built with innovative, energy-efficient features designed to help you enjoy more savings, better health, real comfort and peace of mind.

348 Lazy Shore Drive, Nokomis
112 Gentle Rain Lane, Nokomis
$388,210
3 Beds ⋅ 2 Baths ⋅ Magnolia Bay SubDv. ⋅ 34275 Zip Code
Under Construction. Brand new, energy-efficient home available by Nov 2026! The Bluebell floorplan showcases an open-concept design with 3 bedrooms, 2 bathrooms and a spacious 2-car garage. The kitchen seamlessly connects to the great room, dining nook, and outdoor patio, perfect for both everyday living and entertaining. New energy-efficient move-in ready homes in Nokomis, FL include a washer, dryer, fridge, and whole home blinds, plus they can be closing-ready in 60 days or less–guaranteed. (You'll be reimbursed up to $5,000 in expenses related to delays we cause.) Have it all: Relax in your private primary suite, enjoy the covered back patio, and experience resort-style amenities, all with easy access to Venice and Sarasota. Each of our homes is built with innovative, energy-efficient features designed to help you enjoy more savings, better health, real comfort and peace of mind.

112 Gentle Rain Lane, Nokomis
352 Lazy Shore Drive, Nokomis
$397,100
4 Beds ⋅ 2 Baths ⋅ Magnolia Bay SubDv. ⋅ 34275 Zip Code
Under Construction. Brand new, energy-efficient home available by Nov 2026! The Acadia makes entertaining easy with an open kitchen, dining area, and great room. The primary suite is tucked in the rear of the home offering plenty of privacy and features a spacious walk-in closet and shower. New energy-efficient move-in ready homes in Nokomis, FL include a washer, dryer, fridge, and whole home blinds, plus they can be closing-ready in 60 days or less–guaranteed. (You'll be reimbursed up to $5,000 in expenses related to delays we cause.) Have it all: Relax in your private primary suite, enjoy the covered back patio, and experience resort-style amenities, all with easy access to Venice and Sarasota. Each of our homes is built with innovative, energy-efficient features designed to help you enjoy more savings, better health, real comfort and peace of mind.

352 Lazy Shore Drive, Nokomis
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