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651 MAGNOLIA DRIVE

House For Sale
$525,000

BTC: 8.33333333

ETH: 300.68728522

New
3 bds
3 ba
2,376 sqft

Overview

One or more photo(s) has been virtually staged. Step into a piece of Altamonte Springs history. Built in 1925, this enchanting property offers a rare combination of timeless character, modern comfort, and exceptional versatility. Nestled on a beautifully landscaped lot, the property features a 2-bedroom, 2-bath main residence, a detached 1-bedroom, 1-bath guest cottage, a sparkling pool, and a picturesque koi pond that creates a private backyard retreat unlike anything else on the market. From the moment you arrive, mature shade trees and lush landscaping create a sense of privacy and tranquility. Inside, large windows fill the home with natural light, highlighting the unique architectural details and inviting living spaces. The thoughtfully designed floor plan offers comfortable everyday living while maintaining the charm and character that only a historic home can provide. The backyard is truly the centerpiece of the property. Relax beside the koi pond, entertain around the pool, enjoy evenings under the stars, or host family and friends in your own private oasis. The detached guest cottage offers endless possibilities, including multigenerational living, a private home office, creative studio, guest accommodations, or potential income-producing opportunities. Located just minutes from Altamonte Mall, Whole Foods, Cranes Roost Park, dining, shopping, and major commuter routes, this one-of-a-kind property combines convenience with the feeling of a secluded retreat. Opportunities to own a property like this are few and far between. If you've been searching for a home with character, charm, flexibility, and unforgettable outdoor spaces, welcome home.

Location

Details

Type:
Residential
Parking:
Oversized
Year Built:
1925
Lot:
0.30 Acres
Heating:
Central / Electric
Price/sqft:
$221
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$564,950
$537K – $762K
Confidence Low
List vs. estimate
$39K below estimate
List $525,000 · -7.1%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$220
-12.5% vs. city median $252
Based on
6 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$7,630
2025
Pool
Gunite
Garage
2 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Ceramic Tile

    • Other

    • Slate

    • Hardwood

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Microwave

    • Range

    • Refrigerator

    • Washer

    Other interior features

    • Ceiling Fan(s)

    • Eating Space In Kitchen

    • Split Bedroom

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 3

  • Parking

    • Oversized

    Property

    • Levels: One

    • Pool Private: Yes

    • Exterior Features: Private Yard / Sidewalk

    Lot

    • Lot: 0.30 Acres

    Other Property Information

    • Parcel Number: 1321295060B000250

    • Zoning: R-1AA

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Cable Available

    • Electricity Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $7,631

  • Source details

    • MLS ID: O6413275

    Other facts

    • Construction Materials: Stucco

    • Foundation Details: Block

    • Fireplace Features: Decorative / Living Room / Wood Burning

    • Laundry Features: Inside / Laundry Room

    • Lot Features: Sidewalk

    • Patio And Porch Features: Deck / Front Porch

    • Pool Features: Gunite / In Ground

    • Direction Faces: South

    • Other Structures: Guest House

    • Architectural Style: Cottage / Mediterranean

    • Fireplace: Yes

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 2376

    • Water Source: Public

    • Subdivision Name: BETTS ADD TO ALTAMONTE ROBERT L

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: HOMEVEST REALTY