Magnolia Bay Homes under $400,000

Magnolia Bay Homes under $400,000

Welcome to Magnolia Bay, a hidden gem nestled in the picturesque community of Osprey/Nokomis in Sarasota County, Florida. This charming subdivision offers a perfect blend of tranquility and convenience, making it an ideal choice for families, retirees, and anyone seeking a serene lifestyle close to the Gulf Coast.

Magnolia Bay boasts a collection of beautifully designed homes that cater to diverse preferences and budgets, with many properties available under $400,000. This affordability does not compromise quality; residents can expect modern amenities, spacious layouts, and lovely outdoor spaces perfect for enjoying Florida's year-round sunshine. Whether you're looking for a cozy starter home or a comfortable retreat, Magnolia Bay has something for everyone.

The location is simply unbeatable. Just a stone's throw away from stunning beaches, nature trails, and local parks, it's easy to embrace the outdoor lifestyle that Florida is famous for. Residents can enjoy leisurely strolls along the shoreline, kayaking in the nearby waterways, or simply soaking up the sun at one of the many nearby beaches. Plus, with convenient access to shopping, dining, and entertainment options, everything you need is within reach.

Magnolia Bay is not just a neighborhood; it's a community where neighbors become friends, and memories are made. With its affordable homes and ideal location, this subdivision presents a unique opportunity to embrace the Florida lifestyle. Discover your dream home in Magnolia Bay today, and experience the charm of Osprey/Nokomis for yourself!

Newest Magnolia Bay Homes under $400,000

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
120 Gentle Rain Lane, Nokomis
$396,520
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.

120 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
112 Gentle Rain Lane, Nokomis
$393,210
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
344 Lazy Shore Drive, Nokomis
$372,510
3 Beds ⋅ 2 Baths ⋅ Magnolia Bay SubDv. ⋅ 34275 Zip Code
Under Construction. Brand new, energy-efficient home available by Oct 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.

344 Lazy Shore Drive, 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
161 Canoe Bend Avenue, Nokomis
$355,000
3 Beds ⋅ 2 Baths ⋅ Magnolia Bay SubDv. ⋅ 34275 Zip Code
Under Construction. Brand new, energy-efficient home available by Mar 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. The Magnolia Bay Premier Series offers single-family homes with open-concept floorplans in Nokomis, FL. Convenient to I-75, this community offers easy access to plentiful shops and restaurants in downtown Sarasota and Venice. Residents will enjoy fabulous amenities that include a clubhouse, pool, fitness center, sports courts and more. Every Meritage home boasts energy-efficient features. 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.

161 Canoe Bend Avenue, Nokomis
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