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524 Magnolia Street, Arcadia, FL 34266

52 photos in the listing

524 Magnolia Street

Arcadia, FL 34266 · Desoto County

$499,000

4

Beds

3

Baths

3,304

Sq ft

1911

Year built

About this home

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.

Facts & features

Interior

Bedrooms
4
Bathrooms
3
Living area
3,304 sq ft
Stories
2
Flooring
Other, Wood
Appliances
Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Features
Cathedral Ceiling(s), Ceiling Fans(s), Crown Molding, Eat-in Kitchen, Stone Counters, Walk-In Closet(s), Window Treatments
Fireplace
Yes
Cooling
Central Air
Heating
Central

Exterior & lot

Lot size
0.53 acres
Construction
Frame, Wood Siding
Roof
Shingle
Features
Lighting, Other, Sidewalk

Financial

Annual tax
$3,448.91
Tax year
2025

Utilities

Utilities
Electricity Connected
Water
Public
Sewer
Public Sewer

Property

Property type
Single Family
Year built
1911
Subdivision
A W Gilchrist Resub
Days on market
1

Estimate your monthly cost

Twenty percent down over thirty years at 6.5%. Insurance is not included.

Principal & interest
$2,523
Property tax
$287
Estimated monthly
$2,811

Location

Similar homes nearby

Listing

Listed by
Brandi Long
Brokerage
EXP REALTY LLC
MLS number
MFR800689957

Listing information is deemed reliable but is not guaranteed.