208 Magnolia DRIVE, Clearwater, FL, 33756 | $5,995,000

Discover a timeless treasure nestled within the historic Harbor Oaks neighborhood of Clearwater. This stunning waterfront residence, boasting a rich century-old legacy, has been meticulously renovated to marry its historic charm with contemporary luxury. From the moment you step inside, you're greeted by an atmosphere of refined elegance and quality craftsmanship. Architectural marvels abound, including intricate woodwork, majestic stone fireplace mantles, and pristine original wood floors that whisper tales of the past. The heart of the home lies in its spacious kitchen, where Saltillo tile floors, wood cabinets, and Corian countertops create a perfect blend of functionality and style. Step outside into the serene courtyard, complete with a soothing fountain, accessible from the kitchen for delightful al fresco dining experiences. Entertaining is effortless with a plethora of gathering spaces, including a grand dining room, inviting living room, cozy family room, and a versatile game room that promises endless enjoyment for family and friends. Ascend the grand stairway to the upper level, where an awe-inspiring primary bedroom suite awaits, offering breathtaking water and pool views through floor-to-ceiling French doors and a private balcony for moments of tranquil reflection. The ensuite bathroom is a haven of relaxation, boasting a walk-in closet with custom built-ins, a double sink vanity, and a luxurious walk-in shower. Your guests will feel pampered in the additional light-filled bedrooms, each offering ample closet space and a serene ambiance. Step outside into the lush oasis of the backyard, where swaying palms and a glistening pool beckon for leisurely afternoons of relaxation. A charming pool house and Casita offer additional convenience, providing ample storage for pool and water toys, as well as a private retreat for guests with a full bath and kitchenette. For the avid fisherman or boater, a floating dock, slip, and lift stand ready to facilitate countless adventures on the water. Beyond its exquisite amenities, this remarkable home holds a special place in Clearwater's rich history, residing in the city's first planned subdivision, founded in 1913. It's not just a home; it's a living testament to a bygone era, where every corner whispers stories of days gone by. Embrace the timeless allure of this waterfront masterpiece and become a part of Clearwater's storied past.

Features

  • Rooms: 3
  • Bedrooms: 5
  • Baths: 5 full / 2 half
  • Laundry: Inside, Laundry Room
  • Style: Florida, Historical, Mediterranean
  • Year Built: 1925
  • Garage: 2-car Garage Faces Side
  • Heating: Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 5,698
  • Acreage: 2.56
  • Est. Taxes: $54,660
  • Lot Desc: Cul-De-Sac, Historic District, City Lot, Landscaped, Near Golf Course, Near Marina, Near Public Transit, Sidewalk, Sloped, Street Dead-End
  • View: Garden, Pool, Water
  • Elem. School: Belleair Elementary-PN
  • Middle School: Largo Middle-PN
  • High School: Clearwater High-PN
  • Pool: Child Safety Fence, Gunite, Heated, In Ground, Lighting, Outside Bath Access
  • Pet Policy: Yes
  • Appliances: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Refrigerator, Washer, Wine Refrigerator
  • MLS#: U8236422
  • Days on Market: 186 days
  • Website: https://www.raveis.com
    /eprop/U8236422/208magnoliadrive_clearwater_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 11/2/2024 1:17:09 PM)
Listing courtesy of COLDWELL BANKER REALTY   Phone: 727-581-9411

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Customer Service

888.699.8876

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

208 Magnolia DRIVE, Clearwater, FL, 33756

$5,995,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $4,796,000 $4,796,000 $4,796,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.625% 6.750% 6.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.343% 6.864% 6.725%
Monthly Tax Payment $4,555 $4,555 $4,555
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $30,709 $31,107 $41,778
Total Monthly Payment $35,389 $35,787 $46,458

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.