This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/74
$1,100,000 Sale Pending
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/74
Property Description
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.
Full Property Details
Full Property Details for 4 Magnolia Dr
General
- Price: $1,100,000
- Taxes: $8,647 (2025)
- Status: Pending
- Type: Single Family
- Source: Emerald_Coast
- MLS ID: 1009921
- Updated: 8/23/2026
- Added to Site: 12 day(s) ago
Rental Information
- Complex Features: Short Term Rental - Allowed, Beach, Handicap Provisions, Minimum Rental Prd
Interior
- Number of Rooms: 8
- Interior Features: Breakfast Bar, Ceiling Beamed, Ceiling Crwn Molding, Ceiling Vaulted, Fireplace, Washer/Dryer Hookup
- Appliances: Cooktop, Dishwasher, Dryer, Ice Machine, Microwave, Range Hood, Refrigerator, Smooth Stovetop Rnge, Washer, Water Heater - Elect
- Furnishings: Furnished - All
- Flooring: Floor Tile, Floor WW Carpet
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Additional Information
- Pool: Yes
- Pool Description: Pool - In-Ground, Pool Type
Exterior
- Exterior Features: Fenced Back Yard, Pool - Vinyl Liner
- Porch/Patio/Deck: Deck Covered, Patio Open
Location
- Area: 14 - Destin
- County: Okaloosa
- Subdivision: HOLIDAY ISLE
- Driving Directions: From the intersection of Hwy 98 and Gulf Shores Drive, head south on Gulf Shores Dr. Turn right on Magnolia Dr. House is 2nd on the right.
School Information
- Elementary School: Destin
- Middle School: Destin
- High School: Destin
Community
- Association: Yes
- Assoc. Fees Include: Ground Keeping, Management, Recreational Faclty
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating/Cooling: Central Air
Utilities
- Sewer: Public Sewer
- Utility Description: Electric, Gas - Natural, Public Water
Structural Information
- Architectural Style: Beach House
- Construction: Siding CmntFbrHrdBrd
- Exterior Const.: Siding CmntFbrHrdBrd
- Stories/Levels: 2
- Square Feet: 3,466
- Sq. Ft. Source: County PA Records
- Year Built: 1983
Lot Features
- Lot Size (Acres): 0.31
- Lot Size (Sq. Ft.): 13,503.6
- Lot Dimensions: 90 x 146.39 x 90.48 x 155.65
- Street/Road Desc.: Paved
- Lot Features: Covenants, Flood Insurance Req, Restrictions, Within 1/2 Mile to Water
- Zoning: Resid Single Family
Financial Considerations
- Assessment Amount: $593
- Tax Amount: $8,647.23
- Tax Year: 2025
Disclosures and Reports
- Legal Description: HOLIDAY ISLE LOT 2 BLK C
- APN: 00-2S-24-2186-000C-0020
- Property ID: 00-2S-24-2186-000C-0020
Listed by The Agency Northwest Florida Beaches
Get Pre-Approved Today
Schools
Schools serving 4 Magnolia Dr
School District:Okaloosa County School District
| Name | Grades | Distance |
|---|---|---|
Destin Elementary School 630 Kelly Street, Destin, FL 32541 | PK-4 | 1.1 mi |
Destin Middle School 4608 Legendary Marina Drive, Destin, FL 32541 | 5-8 | 3.9 mi |
Fort Walton Beach High School 400 Hollywood Boulevard Southwest, Fort Walton Beach, FL 32548 | 9-12 | 9.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4 Magnolia Dr
Date
Details
Price
Change
Source
8/14/2026
Listed
$1,100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 4 Magnolia Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,647
6%
$822,225
2%
2024
$8,178
5%
$806,024
3%
2023
$7,784
30%
$783,306
51%
2021
$5,966
-14%
$517,455
-23%
2022
$6,919
16%
$670,573
45%
2021
$5,966
17%
$463,783
26%
2019
$5,091
8%
$368,906
10%
2018
$4,698
18%
$335,369
10%
2017
$3,985
—
$304,881
—
2016
$3,968
2%
$305,474
6%
2015
$3,881
13%
$288,830
15%
2013
$3,449
—
$251,004
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 4 Magnolia Dr
4 Magnolia Drive, Destin, FL 32541 (MLS# 1009921) is a Single Family property with 5 bedrooms and 3 full bathrooms. 4 Magnolia Drive is currently listed for $1,100,000 and was received on August 14, 2026. Want to learn more about 4 Magnolia Drive? Do you have questions about finding other Single Family real estate for sale in Destin? You can browse all Destin real estate or contact a Coldwell Banker agent to request more information.

