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$3,500,000

403 MAGNOLIA DRIVE, CLEARWATER, FL 33756

3D Tour
Active62 days on market

Beds

7

Baths

8

Sq Ft

7,223 sq ft

Year Built

1925

Lot Size

0.54 acres

Garage

—

About This Property

Virtually Staged. A rare opportunity to own one of Harbor Oaks’ most distinguished estates. Built between 1918 and 1925, 403 Magnolia Drive pairs nearly a century of architectural character with the scale and presence of a true estate—all just one block from the water, minutes from Downtown Clearwater, and located in desirable Flood Zone X. Spanning 7,223 square feet across three levels, the seven-bedroom, seven-and-a-half-bath estate is defined by soaring natural light, original hardwood floors, beautifully preserved architectural details, and an exceptional sense of space. Floor-to-ceiling windows line the dual formal living rooms, while a sun-filled solarium with NEW windows and an adjoining Florida room create effortless transitions throughout the main level. A private library and expansive family room offer additional spaces for both intimate everyday living and large-scale entertaining. Each of the home’s seven bedrooms features its own private full bathroom, an extraordinary level of comfort and privacy for family and guests. Upstairs, two generous suites open onto a sweeping wraparound deck and feature beautifully appointed, spa-inspired baths. The entire third floor offers another private retreat with a full bath, fireplace, sun deck, and abundant storage—creating exceptional flexibility for a primary suite, guest quarters, or private living level. At the heart of the home, the kitchen is designed for both serious cooking and entertaining, featuring commercial-grade stainless steel appliances, a Dacor gas range, custom millwork, and an oversized walk-in pantry. A wet bar, tray ceilings, and French doors opening to the courtyard and outdoor living spaces further enhance the home’s ability to host with ease. Outside, the estate unfolds across a prominent corner lot of more than half an acre—an increasingly rare offering in this location. Mature surroundings create a private setting for the resort-style pool and spa, expansive deck, and outdoor entertaining areas, while a circular drive provides an impressive sense of arrival. Moments from Downtown Clearwater’s dining and entertainment, minutes from Clearwater Beach, and surrounded by some of the area’s most notable residences, 403 Magnolia Drive offers a combination of history, scale, land, and lifestyle that is truly one of a kind.

Property Overview

Property TypeResidential
Sub TypeSingle Family Residence
MLS #TB8535473
StatusActive
Year Built1925
Total Rooms7
ConstructionBlock, Concrete, Metal Frame, Stucco
RoofMetal
FoundationBasement
FacesNorth
SubdivisionHARBOR OAKS
CountyPinellas
OwnershipFee Simple
FurnishedNegotiable

Interior Features

InteriorBuilt-in Features, Ceiling Fan(s), Crown Molding, Eating Space In Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, PrimaryBedroom Upstairs, Solid Surface Counters, Solid Wood Cabinets, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
FlooringTile, Hardwood
AppliancesBar Fridge, Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Gas Water Heater, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Washer
LaundryInside, Laundry Room
WindowsShutters
CoolingCentral Air
HeatingCentral, Electric
FireplaceYes ()

Exterior & Lot

ExteriorBalcony, Courtyard, French Doors, Garden, Hurricane Shutters, Irrigation System, Lighting, Private Mailbox, Rain Gutters, Sidewalk, Sprinkler Metered, Storage
Lot Size0.54 acres (23,409 sq ft)
Lot FeaturesCorner Lot, Near Golf Course, Oversized Lot, Private, Sidewalk
Road SurfacePaved, Asphalt
ViewPool

Pool & Spa

Private PoolYes
Pool FeaturesAuto Cleaner, Deck, Gunite, Heated, In Ground, Lighting, Self Cleaning, Tile
SpaHeated, In Ground

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesBB/HS Internet Available, Cable Connected, Electricity Connected, Natural Gas Available, Phone Available, Private, Public, Sewer Connected, Sprinkler Meter, Street Lights, Water Connected

Parking

GarageNo

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$3,500,000
Original Price$3,000,000
Annual Taxes$34,596 (2025)
FinancingCash, Conventional
Parcel #162915362700000840

Schools

ElementaryBelleair Elementary-PN
MiddleLargo Middle-PN
HighClearwater High-PN

Directions

from S. Fort Harrison Ave, the main north-south road through downtown Clearwater, turn west onto Magnolia Drive.

Location

403 MAGNOLIA DRIVE, CLEARWATER, FL 33756

Listing Information

OfficeMIHARA & ASSOCIATES INC.
ListedAugust 5, 2026

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Home Price

$3,500,000

20% ($700,000)
6.75%

Loan Term

Principal & Interest$18,161
Property Tax (est.)$3,208
Insurance (est.)$150
Total Monthly$21,519
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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. 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. Data last updated: October 3, 2026.

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