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Offered for the first time in more than half a century, Magnolia Island Estate is one of Central Florida's last great private legacy estates. Nestled within one of Florida's fastest-growing communities, this breathtaking 95 - acre private wildlife sanctuary is where nature, history, and unparalleled privacy exist in perfect harmony. Hidden behind a private gated entrance in the heart of Wesley Chapel, a long drive leads to a secluded island surrounded by shimmering waters. Throughout the day, the estate comes alive with Sandhill Cranes, Roseate Spoonbills, Wood Storks, Great Blue Herons, bald eagles, deer, wild turkeys, and countless other native species, creating an authentic Old Florida experience rarely found today. Thoughtfully positioned on the property, the nearly 4, 700-square-foot residence (7, 584 square feet under roof) offers timeless craftsmanship, expansive windows, and breathtaking views from nearly every room. Designed for both comfortable family living and grand entertaining, the home features 5 bedrooms, 4. 5 bathrooms, vaulted ceilings, a dramatic great room with a wood-burning fireplace, and an open-concept kitchen and dining area that serves as the heart of the home. The primary suite is privately located on the main level and features two walk-in closets. Also on the first floor are a dedicated home office, a private guest suite with its own walk-in closet and separate entrance, plus a spacious game and workout room just off the kitchen. Upstairs, three additional bedrooms and two full baths provide comfortable accommodations for family and guests. Just beyond the living spaces, the screen enclosed pool provides the perfect setting to relax, entertain, and enjoy Florida's sunshine year-round while taking in the peaceful sights and sounds of the surrounding landscape. Perhaps no space captures the essence of Magnolia Island more than the expansive wraparound porch. Enjoy peaceful mornings with coffee, spectacular sunset views reflected across the water, and evenings beneath star-filled skies while watching nature unfold before you. The cypress sided barn reflects the enduring character of Old Florida ranch heritage, offering two stalls along with ample space for hay, equipment, and tack storage. Whether envisioned as an equestrian facility, collector's barn, workshop, or gathering space for family events, it offers endless possibilities. Further enhancing the estate's setting, directly across the street the Southwest Florida Water Management District has acquired 938 acres that will become a nature park. Having nearly 1, 000 acres protected across the street is something very few luxury properties can offer! Adding to the property's exceptional location, it is directly across from the Kirkland Ranch Academy of Innovation, a state-of-the-art public school recognized for its STEM focused curriculum, technology integrated learning, and innovative career. After more than fifty years of thoughtful stewardship, Magnolia Island Estate represents far more than an extraordinary residence. It is not simply a place to live, it is a place to preserve, a place to gather, and a place where future generations will write the next chapter of an extraordinary legacy.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$16,000,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $12,800,000 | $12,800,000 | $12,800,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.326% | 6.337% | 6.203% |
| Monthly Tax Payment | $548 | $548 | $548 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $76,742 | $78,812 | $108,014 |
| Total Monthly Payment | $77,415 | $79,485 | $108,687 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.