See Home Value
$1,055,000
● House - Off Market

4 Magnolia Drive

Destin, FL 32541
bedrooms
5 Beds
bathrooms
3 Baths
square feet
3,466 Ft²
$6,122
Est. Monthly

About This Property

Offered for the first time by its original owners, this cherished Holiday Isle beach house has been a beloved family retreat since 1983. Situated directly across from the sugar-white sands and emerald waters of the Gulf, the property presents a rare opportunity to own in one of Destin's most sought-after beachside neighborhoods.

Spanning nearly 3,500 square feet, the home offers 5 bedrooms and 3 baths, including a first-floor guest suite with ensuite bath and four additional bedrooms upstairs. Warm wood-paneled walls, a striking two-way stone fireplace, and inviting gathering spaces create a cozy, nostalgic atmosphere reminiscent of a mountain lodge by the sea.

Outdoor living is equally appealing with a newly added covered deck (2025) overlooking the private in-ground pool, providing the perfect setting for entertaining and relaxing after a day at the beach. Additional updates include a roof replacement in 2020. The enclosed garage currently serves as a game room and hangout space but could easily be converted back to a traditional garage.

Whether you're dreaming of restoring its original charm, creating a custom coastal retreat, or building new in an exceptional location, this property offers endless possibilities. Homes on Holiday Isle with this combination of size, location, and beach access are increasingly rare. Bring your vision and make this iconic family beach house the foundation for its next chapter.
Unit Size
3,466 Ft²
Days on Market
40 days
Land Size
0.31 acres
Price per sqft
$317
Property Type
House
Property Taxes
$721
HOA Dues
-
Year Built
1983

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Last updated: 20 days ago (ECAR #1009921)

Price History

Date / Event Date Event Price
Sep 23, 2026 Sold
Sold
Aug 23, 2026 In contract -
In contract
Aug 13, 2026 Listed by The Agency Northwest Florida Beaches $1,100,000
Listed by The Agency Northwest Florida Beaches

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 21
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Garage Square Area: 550
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 58
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 13,591
  • Lot Size Frontage Feet: 900
  • Total Building Area: 4,826
  • Gross Building Area: 4,826
  • Building Area: 3,466
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,466
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HOLIDAY ISLE
  • Land Acres: 0000000312
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: HOLIDAY ISLE LOT 2 BLK C

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 023303

Geography

  • Assessors Map Reference: 18
  • Parcel: 00-2S-24-2186-000C-0020
  • Block: C
  • Lot: 2
  • Municipality: DESTIN
  • Latitude: 30.3852
  • Longitude: -86.4881

    Address

  • Full Address: 4 Magnolia Dr
  • Address - House Number: 4
  • Address - Street Name: Magnolia
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Destin
  • Carrier Code: C004
  • 4-Digit Zip Code: 3156
  • Zip Code: 32541

Valuation

    Tax

  • Total Area: 3,662
  • Tax Year: 2023
  • Tax Amount: $778,430
  • Tax Rate Code Area: 010

    Appraisal Valuation

  • Standard Deviation: 0.1293
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 85
  • Final Value: 989,512
  • High Value: 1,117,458
  • Low Value: 861,566

    Market Valuation

  • Market Total Value: $783,306
  • Market Land Value: $361,290
  • Market Improvement Value: $422,016

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $783,306
  • Assessed Land Value: $361,290
  • Assessed Improvements Value: $422,016
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Holiday Isle


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Frequently Asked Questions

When was property at 4 Magnolia Drive built and last sold?
The property at 4 Magnolia Drive was built in 1983 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 4 Magnolia Drive is $1,111,000.
What are some comparable homes to 4 Magnolia Drive?
There are currently no comparable homes to 4 Magnolia Drive.