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261 Magnolia Bay Dr

EASTPOINT, FL 32328
  • $1,199,000
  • STATUS: Active
  • ON SITE: 567 Days
  • MLS #: 315192
Open House
UPDATED: 51 min ago
$1,199,000
  • 3
    BEDS
  • 1.14
    ACRES
  • 3
    BATHS
  • 1
    1/2 BATHS
  • 2,704
    SQFT
  • $443
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
2002
Area:

School Ratings & Info

Description

~ MOTIVATED SELLER ~ Do not let the opportunity to own one of the most spectacular bay front homes in Franklin County and the Forgotten Coast pass you by. Located in the prestigious and quite gated community of Magnolia Bay. Minutes from the gorgeous beaches of St. George Island. A short drive across the bay to the shops, restaurants, and watering holes in Apalachicola. Secluded 1+ acre grounds with low maintenance landscaping, native vegetation, lush native trees (palms, oaks, pines) and a shallow irrigation well. This coastal living retreat is set back from the street maximizing privacy. Unobstructed bay views enhance the peace and serenity of this property. Floor to ceiling windows in the living area overlooking east bay create a bright & open living environment throughout. Meticulously cared for custom built home with examples of master craftsmanship at every turn. Open kitchen, dining, and living areas provide the perfect setting for family get-togethers and day to day living. Tastefully appointed and furnished. In-suite baths and breathtaking bay views from each bedroom. Washer and dryers on each level. Open kitchen with breakfast bar. Elevated boardwalk leads from the screened porch and rear deck to your private dock outfitted with an electric lift. Catch crabs, redfish, trout, flounder, drum, and sheepshead from the dock. Stow your boat when not in use and head out whenever the mood strikes for world class fishing in the Gulf of Mexico, one of the bays, or the river system. Detached two-car garage has a heated/cooled bunk-room often used as a sleeping/play area for children and grands. Abundant wild life, native and migratory song birds and water fowl further enhance the serenity inherent in this special property. There is no better seat on the Forgotten Coast than the living room at 261 Magnolia Bay Drive (see photos for a preview) to view astounding sunsets unfold. What a way to end every day on the bay ! Call today for showing!

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© 2025 Realtors Association of Franklin and Gulf Counties. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Jeff Galloway Real Estate. Data last updated: 2025-03-22T11:42:26.533.
www.gulfcoastrealty.com/homes/143006315
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261 Magnolia Bay Dr EASTPOINT, FL 32328

  • Price: $1,199,000
  • Status: Active
  • On Site: 567 Days
  • Updated: 51 min ago
  • MLS #: 315192
3
Beds
3
Baths
1
½ Baths
1.14
Acres
2,704
SQFT
$443
$/SQFT
2002
Built
Neighborhood:
Magnolia Bay
Area:
Eastpoint
Property Description
~ MOTIVATED SELLER ~ Do not let the opportunity to own one of the most spectacular bay front homes in Franklin County and the Forgotten Coast pass you by. Located in the prestigious and quite gated community of Magnolia Bay. Minutes from the gorgeous beaches of St. George Island. A short drive across the bay to the shops, restaurants, and watering holes in Apalachicola. Secluded 1+ acre grounds with low maintenance landscaping, native vegetation, lush native trees (palms, oaks, pines) and a shallow irrigation well. This coastal living retreat is set back from the street maximizing privacy. Unobstructed bay views enhance the peace and serenity of this property. Floor to ceiling windows in the living area overlooking east bay create a bright & open living environment throughout. Meticulously cared for custom built home with examples of master craftsmanship at every turn. Open kitchen, dining, and living areas provide the perfect setting for family get-togethers and day to day living. Tastefully appointed and furnished. In-suite baths and breathtaking bay views from each bedroom. Washer and dryers on each level. Open kitchen with breakfast bar. Elevated boardwalk leads from the screened porch and rear deck to your private dock outfitted with an electric lift. Catch crabs, redfish, trout, flounder, drum, and sheepshead from the dock. Stow your boat when not in use and head out whenever the mood strikes for world class fishing in the Gulf of Mexico, one of the bays, or the river system. Detached two-car garage has a heated/cooled bunk-room often used as a sleeping/play area for children and grands. Abundant wild life, native and migratory song birds and water fowl further enhance the serenity inherent in this special property. There is no better seat on the Forgotten Coast than the living room at 261 Magnolia Bay Drive (see photos for a preview) to view astounding sunsets unfold. What a way to end every day on the bay ! Call today for showing!
Exterior Features

Construction Vinyl Siding Exterior Features Boat LiftDockLandscapedSprinkler System Foundation SlabOn Grade Lot Access BayCommunity Owned Maintained RoadControlled AccessPaved Road Lot Dimensions 101' x 492' Lot Features Boating AccessCovenants/RestrictionsDeeded Water AccessRecorded SubdivisionSurvey AvailableWater FrontWooded Parking Circular DriveDrivewayGarage Detached Parking Spaces 8.00 Pool No Porch Patio Deck Back PorchEnclosed DeckFront PorchOpen Porch Project Facilities Boat Dock CommunityBoat LaunchDockFishingGated CommunityNo RentalPavillion/GazeboPoolSecurity Gate/Entry OnlyStreet LightsTennisUnderground Utilities Road Front Feet 100 Roof MetalStanding Seam Water Front Bay Water Front Feet 101 Water View Bay

Interior Features

Appliances Central VacuumClothes DryerClothes WasherCooktopDishwasherIce MachineMicrowaveOven Self CleaningRefrigerator w/Ice MakerWater Filtration System Cooling Central ElectricHeat Pump Floor Tile Furnished Furnished Heating Central ElectricHeat Pump Inclusions Furnished Interior Features AtriumBreakfast BarCeiling Crown MoldingCeiling VaultedFireplace GasGuest QuartersKitchen IslandLighting RecessedPantryWalk-in ClosetWasher/Dryer HookupWindow Treatment AllWoodwork Painted Loft No Master Bathroom Double VanityDressing AreaTileWalk-in Closet Master Bedroom BlindsFirst FloorWalk-in Closet

Property Features

Agent Owned No Annual Taxes 5129.00 Association Fee Yes Association Fee Amount 450.00 Association Fee Includes Maintenance GroundsRecreational FacilitiesReserve Fund Association Fee Paid Frequency Quarterly Builder Ulrich Builders Warranty No Construction Status Construction Complete Design 2+ StoryCustomOpen Floor Plan Energy Doubled Pane Window(s)Insulated Door(s) Financing Terms CashConventional Fractional Ownership No Immediate Occupancy Yes Possession At Closing Resort Rental No Sale Subject To Lease No Sewer Aerobic Septic Special Listing Conditions As Is Tax Year 2024 Total Sqft 3635 Trash Private Utilities Cable AvailableElectricity ConnectedInternet AvailableNatural Gas Not AvailablePhone AvailablePropaneSewer Not AvailableUnderground UtilitiesWater Not Available Water PrivateWell Water Front YN Yes Water View YN Yes Zoning R-1 Zoning Type Residential Single Family

Listing information © 2025 Realtors Association of Franklin and Gulf Counties.
Listing provided courtesy of St George Island Realty, LLC: .


© 2025 Realtors Association of Franklin and Gulf Counties. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Jeff Galloway Real Estate. Data last updated: 2025-03-22T11:42:26.533.
 
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Jeff Galloway Real Estate
45 East 1st Street
St. George Island FL, 32328