tomo logo

$2,850,000

Beds
7
Baths
4.5
sq ft
6,018

1600 Magnolia Rd, Belleair, FL 33756

1600 Magnolia Rd

BELLEAIR, FL 33756

  • Pending
    • Price drop $150,000↓
Experience unparalleled luxury in this exceptional estate, a true masterpiece of design and craftsmanship, offering over 5,500 square feet of opulent living space. Nestled behind a private gated entrance, the property welcomes you with an expansive paver circular driveway leading to a four-car garage, setting the tone for the grandeur within. As you step through custom double doors, you're greeted by a grand foyer with soaring ceilings, exquisite, tumbled marble flooring, and a stunning wrought iron staircase, flanked by stately columns that guide you into the heart of this magnificent home. The tall ceilings amplify the sense of space, creating an elegant and sophisticated environment. The 8-foot doors enhance the grandeur of the home, offering a seamless transition between rooms and contributing to the overall feeling of luxury. This combination is perfect for those who appreciate architectural details that elevate the living experience, making the home feel both modern and timeless. The two-story expansive family room is a showstopper, featuring a gas fireplace, floor-to-ceiling windows, elegant crown molding, and a bridged balcony connecting the East and West wings of the home and overlooking the beautifully manicured grounds & pool. The gourmet kitchen, completely renovated in 2023, is a culinary artist's dream. It boasts a large center island, a butler's pantry, and top-of-the-line amenities perfect for both intimate gatherings and grand entertainment. The primary suite, conveniently located on the first floor, is a private sanctuary with a spa-inspired en-suite bathroom, featuring a luxurious walk-through shower and a jacuzzi tub. The recent installation of hardwood floors throughout the home adds a touch of warmth and sophistication. Upstairs, you'll find four generously sized bedrooms and two versatile bonus rooms, ideal for a home office, gym, or media room or additional bedrooms. The second-story patio offers serene views of the lush landscape and the sparkling pool, with a spiral staircase descending to the pool patio. The 24,000-gallon heated saltwater pool is equipped with a state-of-the-art Hayward System powered by Omni Logic, allowing you to customize the lighting to create the perfect ambiance for any occasion. The outdoor kitchen is equally impressive, making alfresco dining a delight. This estate is surrounded by a wrought iron fence in the front and block fencing in the rear, ensuring the utmost privacy. Additional upgrades include two tankless water heaters, a newly installed main gas line, and a water softener with a reverse osmosis system. Every detail has been thoughtfully curated to offer the ultimate in luxury living.

Details

Property type

Single Family Residence

Est. home value

$2,802,692

Lot size

0.67 acres

Price per sq ft

$474

Year built

2011

Annual property taxes

$24,519

HOA

No

Price History

09/18/2024
StellarMLS

StellarMLS #U8253977

Pending
$2,850,000
09/03/2024
StellarMLS

StellarMLS #U8253977

Price change
$2,850,000
-5%
08/19/2024
StellarMLS

StellarMLS #U8253977

Listed
$3,000,000
+2.56%

Schools & Community

Elementary school: 

Mildred Helms Elementary-PN

Middle school: 

Largo Middle-PN

High school: 

Largo High-PN

Community features: 

Fitness Center, Playground, Sidewalks

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Point Digital Finance Inc

Loan start date

June 2022

Original loan amount

$560,000

Est. remaining balance

$541,077

Interest rate

5.3%

Loan type

Not Provided, 30 year

Seller

Louise Del Basso and Luigi Del Basso

Lender

Bank Of England

Loan start date

April 2019

Original loan amount

$700,000

Est. remaining balance

Not provided

Interest rate

5.93%

Loan type

Adjustable Rate Mortgage, 30 year

Seller

Luigi Del Basso

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Pending/Under Contract

Tomo last checked: 11/08/2024 at 4:30 AM

Listing updated: 09/18/2024 at 5:38 PM

Listed by: Tanner Tillung, EXP REALTY LLC Phone #: (888) 883-8509

MLS: StellarMLS #U8253977

StellarMLS logo

Recently listed in BELLEAIR