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About this home
1201 Magnolia Ave is a 1925-built home in Sanford Town Of, Sanford. Inside you'll find 5 bedrooms, 4 bathrooms, and 2,504 square feet of living space. Listed at $745,000 (about $298/sqft), 44 days on market. Flood zone x - outside the FEMA high-risk areas, which keeps insurance manageable.
Historic Sanford Craftsman with Income-Producing Apartment Restored 1925 Craftsman in Sanford's Historic District | 5 Bedrooms | 3.5 Baths | Separate Furnished Apartment | Detached Garage Welcome to a beautifully restored 1925 Craftsman airplane-bungalow in Sanford's sought-after Historic District and golf-cart zone. This distinctive corner-lot home combines historic character with thoughtful modern updates, exceptional parking, and a separate furnished apartment that offers excellent flexibility for guests, extended family, or rental income. The home features 5 bedrooms and 3.5 bathrooms, with approximately 2,391 square feet of living space. From the moment you arrive, the large front porch, historic architecture, and prominent corner location make a memorable first impression. Inside, original character has been carefully preserved, including original hardwood floors, restored windows and millwork, and a decorative fireplace anchoring the main living area. The renovated kitchen opens naturally to the dining area and features quartz countertops, custom cabinetry, stainless-steel appliances, a natural-gas cooktop, and tile backsplash. The spacious downstairs primary suite includes a walk-in closet and a beautifully appointed ensuite bathroom with stained-glass details, double vanities, a walk-in shower, and a six-foot clawfoot tub. Additional first-floor features include a convenient powder room, laundry/coffee-bar area, flexible living spaces, and a charming glass-and-brick sun porch. Upstairs are two additional bedrooms and a full bathroom, providing plenty of room for family, guests, or office space. Separate Apartment & Detached Garage One of the property's standout features is the fully furnished one-bedroom, one-bath apartment located above the detached garage. The apartment provides an excellent opportunity for: Rental income Guest accommodations Extended family Mother-in-law suite Private office or studio The oversized detached two-car garage includes additional laundry and tool-storage areas, with convenient alley access and additional parking. Major Updates The home has received substantial improvements while retaining its historic charm, including: Plumbing and electrical updated in 2023 Roofs replaced in 2020 Tankless natural-gas water heater Renovated kitchen Updated bathrooms Restored historic windows and millwork Carefully maintained original hardwood floors The property also received a 2025 historic preservation award, recognizing the care taken to preserve and enhance this special home. Location Located in the heart of Sanford's Historic District, the property is within the golf-cart district and offers easy access to downtown Sanford's restaurants, breweries, shops, entertainment, events, parks and waterfront. The combination of historic character, walkability, parking, a detached garage, and a separate apartment makes this an unusually versatile property. This home is 4 bedroom 2.5 baths, with rental property over the garage which also has 1 bedroom and 1 bath and kitchenette, The rental property is currently rented.
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Quick answers.
Price
$745,000
$298 per sq ft
Beds and baths
5 beds, 4 baths
Size
2,504 sq ft
Time on market
44 days
Year built
1925
Monthly payment
About $4,718/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $5,529 annual tax bill, insurance.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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