Address
524 E Magnolia Street, ARCADIA, FL
Price
$ 499,000
Property Attributes
  • MLS#C7528688
  • TypeSingle Family
  • Listing Status Active
  • CountyDeSoto
  • CityARCADIA
  • AreaArcadia
  • NeighborhoodA W GILCHRIST RESUB
  • Zip34266
  • StyleHistorical
  • Year Built1911
  • Taxes$ 3448
  • Price$ 499,000
  • Bedrooms4
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage3304
  • Lot Size0.53 Acres
Data Source:
Stellar MLS
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.

Price History
7/31/2026 Listed $499,000

General Features

Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Electricity Connected
Possession Close Of Escrow
Roof Shingle
Appliances Dishwasher,Dryer,Microwave,Range,Refrigerator,Washer
Zoning R-1C
Patio/Porch Features Rear Porch
Architectural Style Historical
Construction Materials Wood Frame,Wood Siding
Year Built 1911
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
County DeSoto
New Construction false
Property Type Residential
Attached Garage false
Subdivision Name A W GILCHRIST RESUB
Facing Direction Northeast
Garage Y/N false
Other Structures Gazebo
Total Rooms 8
Full Baths 3
Status Active
Directions Take Hwy 70 E, Home on the Right, corner of Pasco and Magnolia.
City ARCADIA
Senior Community Y/N false
MLS Area 34266 - Arcadia
Lot Size Units Square Feet
Lot Size Square Feet 22913
Carport Y/N false
Listing Terms Cash,Conventional,FHA,VA Loan
Land Lease Y/N false
Tax Annual Amount 3448.91
Property Condition Completed
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/C7528688
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Owner
Tax Lot 4
Legal Description TOWN OF ARCADIA O S E 10 FT LOT 4 & LOTS 5 6 & 18 BLK 52 IN SEC 31/37/25 INST:201814002472
Minimum Lease No Minimum
Water Access Y/N false
Additional Rooms Bonus Room,Inside Utility
Water View Y/N false
Flood Zone Code X
In Law Suite YN false
Flood Zone Code X Yes
DockY/N false

Interior Features

Interior Amenities Cathedral Ceiling(s),Ceiling Fan(s),Crown Molding,Eating Space In Kitchen,Stone Counters,Walk-In Closet(s),Window Treatments
Flooring Other,Hardwood
Furnished Y/N Negotiable
Fireplace Features Living Room,Master Bedroom
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Laundry Features Inside,Laundry Room
Total Bedrooms 4
LivingAreaSource Public Records
Total Baths 3

Exterior Features

Exterior Amenities Lighting,Other,Sidewalk
Fencing Wood
Lot Features Corner Lot,Historic District,City Lot
Water Source Public
Lot Size Area 22913
Foundation Details Crawlspace
Building Area Total 4193
Lot Size Acres 0.53
Road Surface Type Paved
Private Pool false
Waterfront Y/N false
Road Frontage Type Street Paved

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 34266

Price
AVG $370K
$500K
Taxes
AVG $2,994
$3,448
Year Built
AVG 1980
1911

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