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$499,000
4 Beds ⋅ 3 Baths ⋅ A W Gilchrist Resub SubDv.
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.

524 E Magnolia Street, Arcadia
$299,000
A W Gilchrist Resub SubDv.
Two homes, one price, endless possibilities! Nestled in the historic district of DeSoto County, this rare property includes not one but two charming, income-producing houses on a single lot. The main house offers 3 bedrooms and 1 bath, complete with a large, welcoming front porch perfect for enjoying the historic neighborhood, plus a detached carport. The second home is a cozy 2-bedroom, 1-bath with its own detached carport — ideal for a tenant, guests, or extended family. Both homes are currently used as income property, giving buyers true flexibility: live in one and rent the other, or keep both as rentals for maximum cash flow. This is a unique opportunity for investors or owner-occupants alike to own a piece of DeSoto County history with built-in income potential. Don't miss this one-of-a-kind offering! You'll notice road construction going on right in front of the main house — don't let that scare you off! It's wrapping up soon, and once it's done, you'll have brand-new paved roads. Don't miss this one-of-a-kind offering!

628 E Magnolia Street, Arcadia