620 Magnolia Drive, Destin, FL 32541

$6,500,000 Asking Price

6 beds
5 baths
4,649  sqft
Built in 1971

NEW DEEP-WATER LISTING on HOLIDAY ISLE ~ 620 Magnolia Drive exemplifies the distinctive and timeless Mid-Century Modern style throughout this spectacular waterfront estate, located on the exclusive Holiday Isle of Destin, Florida. This property has been meticulously renovated and expanded into a resort-style compound featuring a phenomenal cabana home alongside the expansive ~18' x 33' heated pool and 8-person hot-tub, multi-tiered pool deck pavilion, poolside lanai, glass balustrades, high quality artificial turf, and enlargeable deep-water dock, slip, and boat lift. The result of this magnificent project is one of Holiday Isle's most elite addresses, oriented in convenient proximity to the deeded beach access afforded to the fortunate owners of this low density, waterfront... community. The fabulously creative hardscaping and landscaping accentuate the stunning elevations of this architectural masterpiece, surrounded by a beautiful white concrete wall. The interior is undeniably one of the most impressive, featuring extraordinary features and finishes throughout, and a fully furnished, accessorized, and electronically equipped opportunity that will enable you to instantaneously enjoy the gorgeous Emerald Green waters and world-class beaches indicative of this most special town in the great State of Florida, where the sensational lifestyle is unrivaled in our Country. The spaciousness of the interior and exterior of both the main home and the cabana home will accommodate large family gatherings and display unforgettable ambiance during the evening hours with all the beautiful accent lighting, all enjoying a very private setting. The extensive natural illumination of sunlight everywhere in both homes will make your mind and body feel so refreshed, especially after spending time in the fitness studio (which overlooks the pool pavilion) working out or meditating. Ownership of this fine, unique estate will replicate the feeling that you experience like that at a 5-star resort. Please inquire for further details and to schedule a private showing.


Features & Amenities

Interior

General:
Furnished - All, Guest Quarters, Renovated, Upgraded Media Wing, Window Treatment All
Appliances:
Auto Garage Door Opn, Cooktop, Dishwasher, Disposal, Dryer, Ice Machine, Microwave, Refrigerator, Smoke Detector, Smooth Stovetop Rnge, Washer
A/C:
true, Central Air
Heating:
true, Central

Exterior

General:
Balcony, Boat Slip, Boatlift, Dock, Fenced Back Yard, Guest Quarters, Hot Tub, Lawn Pump, Pool - Heated, Pool - House, Pool - In-Ground, Renovated, Separate Living Area, Shower, Sprinkler System, Summer Kitchen
Style:
Contemporary
Pool:
Pool Type
Parking:
Boat, Covered, Golf Cart Covered, Golf Cart Enclosed, Guest, Oversized, See Remarks, Other

Construction

General:
2

Location

HOA Amenities:
475.0, Annually
Golf:
Beach, Boat Launch, Deed Access, Dock, Exercise Room, Fishing, Minimum Rental Prd, Pets Allowed, Pool, Sauna/Steam Room, Separate Storage, Waterfront
Originating MLS:
Emerald Coast Association of REALTORS®
County:
Okaloosa

Lot

Zoning:
Resid Single Family, 00-2S-24-2186-000E-0270
View:
Gulf, Canal

Utilities

Utilities:
Electric, Gas - Natural, Public Sewer, Public Water

Financial

Source:
Emerald Coast Association of REALTORS®

This listing courtesy of:
Somers & Company, John Paul Somers

About Destin, FL

Housing

Number of Units
14,008
Median Home Value
$415,874
Median Rent
$1,462

34.24% of housing units are renter occupied.

41.09% are vacant.

Commute

Car
57.89%
Public Transportation
0.41%
Walk to Work
0.79%
Work from Home
40.08%
Other
0.53%

The median travel time to work is 15 minutes.

People

Population
17,901
Median Age
42.20
Median Household Size
2.53

Education

High School
17.24%
Associate’s Degree
10.87%
Bachelor’s Degree
30.55%
Graduate Degree
15.55%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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