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Sold for $2,435,000
  • $2,435,000

    1859 Magnolia St, Sarasota, FL 34239

    4beds
    3,220sqft
    Single Family Residence
    Built in 2024
    8,850 Square Feet Lot
    $2,537,900 Zestimate®
    $756/sqft
    $7,168 Estimated rent

    Home value

    $2,537,900

    $2.36M - $2.74M

    $7,168/mo

    Zestimate® history
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    What's special

    Brand New from Sarasota’s premier custom home builder Allegra Homes, the 2-story “Palonia Modern” design is beautiful and innovative, and has been passionately created for a luxurious lifestyle throughout its 3220 square feet of stunning interiors and dynamic amenities. Located West of the Trail near Southside Village and Siesta Key Beach, this 4-bedroom, 4-bath home is fresh and exciting both inside and out. The curb appeal is eye-catching with its clean lines and unique modern style. The interior’s open living layout features soaring 16 ft. ceilings with stunning detail in both the foyer and the great room. A chic island kitchen has been thoughtfully planned with 42” Sub-Zero side-by-side refrigerator, 24” Sub-Zero wine cooler, 36” Wolf cooktop and oven, dropdown microwave, high arc pull-down pot filler, quiet ASKO dishwasher, under-counter lighting, under mount stainless sink and walk-in pantry. Adjacent to the kitchen is a dining room with built-in buffet and a great room with a fireplace detail wall and triple sliders opening to the wonderful backyard living area with an incredible pool/spa, covered lanai with cypress ceiling and fully-equipped summer kitchen. Located on one side of the home, the owner’s wing offers a volume ceiling, 2 walk-in closets, freestanding tub, frameless glass shower with rainhead, dual vanities, water closet, access to the second lanai plus a den/office. In a separate wing also on the first level is a guest suite with a private bath, walk-in closet and access to the lanai. Upstairs, there are 2 bedrooms each with walk-in closets, 2 baths, and a huge bonus room that overlooks the great room below. Many other notable features include a 2-car garage with epoxy floor, professionally designed landscape with irrigation system, brick paver drive and walkway, impact Low-e windows and sliding glass doors, recessed lighting, tankless water heater, central vac, pool and house alarm system, and tray ceilings in the great room, primary bedroom, den and bonus room. You can’t beat the location and the numerous testimonials from those who’ve purchased an Allegra home are highly complimentary of the process from beginning to end as well as the post project support they received. *Photos are of a previous model, details and selections may vary*

    Zillow last checked:

    Listing updated:

    Listed by:

    Karen Greco 941-504-6927,

    GRECO REAL ESTATE 941-685-0449

    Bought with:

    Karen Greco, 0405884

    GRECO REAL ESTATE

    Source: Stellar MLS,MLS#: A4564854MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 4
    Rooms
    • Room types: Bonus Room, Den/Library/Office, Great Room
    Primary bedroom
    • Features: Dual Sinks, En Suite Bathroom, Stone Counters, Tub with Separate Shower Stall, Walk-In Closet(s)
    • Level: First
    • Dimensions: 14x16.5
    Bedroom 2
    • Features: En Suite Bathroom, Jack & Jill Bathroom, Walk-In Closet(s)
    • Level: First
    • Dimensions: 12.2x15
    Bedroom 3
    • Features: Built-in Closet
    • Level: Second
    • Dimensions: 11.1x12.4
    Bedroom 4
    • Features: En Suite Bathroom, Built-in Closet
    • Level: Second
    • Dimensions: 11.11x12.4
    Bonus room
    • Features: No Closet
    • Level: Second
    • Dimensions: 17x18.9
    Dining room
    • Level: First
    • Dimensions: 12x11
    Great room
    • Level: First
    • Dimensions: 15.8x15.4
    Kitchen
    • Level: First
    • Dimensions: 16x12
    Laundry
    • Level: First
    Office
    • Level: First
    • Dimensions: 13x14
    Heating
    • Central, Electric, Zoned
    Cooling
    • Central Air, Zoned
    Appliances
    • Included: Oven, Cooktop, Dishwasher, Disposal, Gas Water Heater, Microwave, Range, Range Hood, Refrigerator, Tankless Water Heater, Wine Refrigerator
    • Laundry: Inside, Laundry Room
    Features
    • Built-in Features, High Ceilings, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s)
    • Flooring: Carpet, Engineered Hardwood, Porcelain Tile, Tile
    • Doors: Outdoor Kitchen, Sliding Doors
    • Windows: ENERGY STAR Qualified Windows, Storm Window(s), Insulated Windows, Hurricane Shutters/Windows
    • Has fireplace: Yes
    • Fireplace features: Decorative, Electric
    Interior area
    • Total structure area: 4,036
    • Total interior livable area: 3,220 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Driveway, Garage Door Opener, On Street
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    • Details: Garage Dimensions: 20x20
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered, Patio, Screened
    • Exterior features: Irrigation System, Outdoor Kitchen, Rain Gutters, Sidewalk
    • Has private pool: Yes
    • Pool features: Gunite, Heated, In Ground, Lighting, Pool Alarm, Salt Water, Screen Enclosure
    • Has spa: Yes
    • Spa features: Heated, In Ground
    • Fencing: Fenced,Vinyl
    • Has view: Yes
    • View description: Garden, Pool
    Lot
    • Size: 8,850 Square Feet
    • Dimensions: 75 x 118
    • Features: City Lot, Landscaped, Level, Sidewalk
    • Residential vegetation: Trees/Landscaped
    Details
    • Parcel number: 2039080039
    • Zoning: RSF3
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Custom,Other
    • Property subtype: Single Family Residence
    Materials
    • Block, Stone, Stucco, Wood Frame
    • Foundation: Block, Concrete Perimeter, Slab
    • Roof: Concrete,Tile
    Condition
    • Completed
    • New construction: Yes
    • Year built: 2024
    Details
    • Builder model: Palonia Modern
    • Builder name: Allegra Homes

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: BB/HS Internet Available, Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Sprinkler Well, Water Connected

    Community & HOA

    Community
    • Security: Fire/Smoke Detection Integration
    • Pet fee: $0 monthly
    • Subdivision: POINSETTIA PARK 2
    HOA
    • Has HOA: No
    Location
    • Region: Sarasota

    Financial & listing details

    • Price per square foot: $756/sqft
    • Tax assessed value: $2,159,300
    • Annual tax amount: $6,346
    • Date on market: 3/30/2023
    • Cumulative days on market: 427 days
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Paved, Asphalt

    Price history

    DateEventPrice
    8/8/2024Sold$2,435,000-9.7%$756/sqft
    Source: Stellar MLS #A4564854 Report a problem
    6/4/2024Pending sale$2,697,500$838/sqft
    Source: Stellar MLS #A4564854 Report a problem
    5/16/2024Price change$2,697,500-6.7%$838/sqft
    Source: Stellar MLS #A4564854 Report a problem
    1/5/2024Price change$2,890,000+3.6%$898/sqft
    Source: Stellar MLS #A4564854 Report a problem
    10/4/2023Price change$2,790,000+2.9%$866/sqft
    Source: Stellar MLS #A4564854 Report a problem
    3/30/2023Listed for sale$2,710,612+287.2%$842/sqft
    Source: Stellar MLS #A4564854 Report a problem
    3/16/2023Sold$700,000-44%$217/sqft
    Source: Public Record Report a problem
    12/1/2019Listing removed$1,250,000$388/sqft
    Source: RE/MAX Alliance Group #A4404152 Report a problem
    5/31/2018Listed for sale$1,250,000-7.4%$388/sqft
    Source: RE/MAX ALLIANCE GROUP #A4404152 Report a problem
    8/29/2017Listing removed$1,350,000$419/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    1/24/2017Price change$1,350,000+4.2%$419/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    7/21/2016Listed for sale$1,295,000+245.3%$402/sqft
    Source: LESLIE WELLS REALTY, INC. #A4160051 Report a problem
    6/1/2016Sold$375,000-6%$116/sqft
    Source: Public Record Report a problem
    9/15/2015Listing removed$399,000$124/sqft
    Source: GET SOLD MLS REALTY,INC. #T2730804 Report a problem
    12/14/2014Listed for sale$399,000$124/sqft
    Source: Get Sold MLS Realty #T2730804 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$32,715 +220.3%$2,159,300 +210%
    2024$10,215 +60.9%$696,500 +103.3%
    2023$6,347 +21.9%$342,672 +10%
    2022$5,206 +17.5%$311,520 +10%
    2021$4,432 -10.9%$283,200 -8.6%
    2020$4,976 +9.5%$309,800 +9.4%
    2019$4,542 $283,200 -24.7%
    2018$4,542 -23.3%$376,100 +13.9%
    2017$5,922 +139.4%$330,100 +14.1%
    2016$2,474 $289,200 +16%
    2015$2,474 $249,300 +45%
    2014$2,474 +0.7%$171,873
    2013$2,456 +4.1%$171,873 +1.7%
    2012$2,359 +0.8%$169,000 -0.4%
    2011$2,339 +0.3%$169,749 +1.5%
    2010$2,332 +10.4%$167,240 +2.7%
    2009$2,113 $162,843 +0.1%
    2008$2,113 -7%$162,680 +3%
    2007$2,272 $157,942 +2.5%
    2006-- $154,090 +3%
    2005-- $149,602 +3%
    2004$2,287 -1.1%$145,245 +1.9%
    2003$2,312 +2.2%$142,537 +2.4%
    2002$2,261 +6.5%$139,196 +1.6%
    2001$2,123 +4.1%$137,004 +3%
    2000$2,040 $133,014
    Find assessor info on the county website

    Neighborhood: South Poinsettia

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Southside Elementary
    • Middle: Brookside Middle
    • High: Sarasota High

    Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $2,537,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,537,900