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$499,000

4 Beds 3 Baths 3,304 SQFT 0.53 Acres
Type: Single Family

524 E MAGNOLIA STREET
ARCADIA, FL 34266

MLS#: C7528688
Andrew Kreye
Andrew Kreye
The Real Estate Advantage
Realtor
Phone: 952.693.1291
Office: 763.755.1100
Presented by: EXP REALTY LLC with 863-494-9009. - 863-494-9009

Property Description

 

Some homes are built. Others become part of a town's story. Welcome to Magnolia Estate, a one-of-a-kind 1911 Craftsman home nestled in the heart of Historic Downtown Arcadia. Originally built for Dr. D.G. Barnett, Arcadia's very first dentist, this timeless property beautifully blends historic charm with the thoughtful updates today's buyers are looking for. Situated on an oversized corner lot spanning more than half an acre, this two-story home offers over 3,300 square feet of living space and nearly 4,000 square feet under roof. From the moment you step inside, you'll notice the soaring 11-foot ceilings, original yellow pine hardwood floors, historic windows, and the kind of craftsmanship that's nearly impossible to recreate today. The kitchen has been completely renovated while still honoring the character of the home. It features quartz countertops, 42-inch cabinetry, stainless steel appliances, a farmhouse sink with accessories, a spacious island with drawer storage, and a large pantry with adjustable shelving. Just beyond the kitchen, you'll find inviting spaces throughout the home, including a formal dining room, oversized living room, cozy library, remodeled sunroom, breakfast porch, mudroom, and multiple areas perfect for gathering with family and friends. The first-floor primary suite offers convenience and privacy with a beautifully renovated bathroom, an oversized walk-in closet complete with a custom closet system, plus two additional closets. Upstairs, you'll find additional spacious bedrooms, renovated bathrooms, a charming sitting room, and three walk-in attic spaces that offer incredible potential for future expansion, additional living space, or simply abundant storage. Character is woven into every corner of this home. Four original fireplaces serve as beautiful architectural focal points, one of the bathrooms features a classic clawfoot tub, and even the attic still holds an additional vintage tub waiting for its next chapter. While the history is remarkable, the updates provide peace of mind. Recent improvements include a new metal-strapped roof (just three years old), two new whole-house HVAC systems, updated upstairs ductwork, new plumbing, new water heater, new Brio kitchen water filtration system, new washer and dryer, updated lighting throughout, fresh interior paint, new exterior doors and weatherstripping, new window treatments, new lanai screens, extensive landscaping, termite treatment plan, and an EV charging hookup. Outside, you'll enjoy the oversized screened lanai, which even offers the potential to be converted into a garage. The backyard includes a gazebo, storage shed with new doors and shelving, and even historic school bricks that have been preserved for future use. Homes like Magnolia Estate rarely become available. Rich in history, thoughtfully updated, and located just blocks from everything Historic Downtown Arcadia has to offer, this is more than a home. It's an opportunity to own one of Arcadia's treasured pieces of history while writing the next chapter of its story. All furnishings are negotiable with the sale.


 

Interior Features

Bedrooms

Total Bedrooms4

Bathrooms

Half Baths0
Total Baths3

Other Interior Features

LivingAreaSource0 sqft
Air Conditioning Y/NYes
Fireplace FeaturesLiving Room, Master Bedroom
Fireplace Y/NYes
FlooringOther, Hardwood
Furnished Y/NNegotiable
Heating Y/NYes
Interior AmenitiesCathedral Ceiling(s), Ceiling Fan(s), Crown Molding, Eating Space In Kitchen, Stone Counters, Walk-In Closet(s), Window Treatments
Laundry FeaturesInside, Laundry Room
Total Stories2

General

Additional Parcels Y/NNo
Additional RoomsBonus Room, Inside Utility
AppliancesDishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Architectural StyleHistorical
Attached Garage No
Building Area Units0 sqft
Carport Y/NNo
CityARCADIA
Construction MaterialsWood Frame, Wood Siding
CoolingCentral Air
CountyDeSoto
DirectionsTake Hwy 70 E, Home on the Right, corner of Pasco and Magnolia.
DockY/NNo
Facing DirectionNortheast
Flood Zone CodeX
Flood Zone Code XY
Full Baths3
Garage Y/NNo
HeatingCentral
In Law Suite YNNo
Land Lease Y/NNo
Lease Considered Y/NYes
Legal DescriptionTOWN OF ARCADIA O S E 10 FT LOT 4 & LOTS 5 6 & 18 BLK 52 IN SEC 31/37/25 INST:201814002472
LevelsTwo
Listing TermsCash, Conventional, FHA, VA Loan
Living Area Units0 sqft
Lot Size Square Feet22,913 sqft
Lot Size UnitsSquare Feet
MLS Area34266 - Arcadia
Minimum LeaseNo Minimum
New ConstructionNo
Occupancy TypeOwner
Other StructuresGazebo
OwnershipFee Simple
Patio/Porch FeaturesRear Porch
PossessionClose Of Escrow
Property ConditionCompleted
Property SubtypeSingle Family Residence
Property TypeResidential
RoofShingle
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameA W GILCHRIST RESUB
Tax Annual Amount$3,449
Tax Lot4
Tax Year2025
Total Rooms8
UtilitiesElectricity Connected
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1911
ZoningR-1C

Exterior

Building Area Total4,193 sqft
Exterior AmenitiesLighting, Other, Sidewalk
FencingWood
Foundation DetailsCrawlspace
Lot FeaturesCorner Lot, Historic District, City Lot
Lot Size Acres0.53
Lot Size Area22,913 sqft
Private PoolNo
Road Frontage TypeStreet Paved
Road Surface TypePaved
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools 

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

  

Similar Properties

$499,000

4 Beds 3 Baths 3,304 SQFT 0.53 Acres
Type: Single Family

524 E MAGNOLIA STREET
ARCADIA, FL 34266

MLS#: C7528688
Andrew Kreye
Andrew Kreye
The Real Estate Advantage
Realtor
Phone: 952.693.1291
Office: 763.755.1100