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2918 MAGNOLIA TRACE, Tarpon Springs, FL, 34688

7beds
7baths
6,438sqft
$2,420,000
$376price/sqft
$18,295/moest. monthly cost
$731,800/yrincome needed

About This Home

2918 Magnolia Trace represents one of the finest private estate opportunities in northern Pinellas County. Set on 2.5 beautifully landscaped acres, this extraordinary property features a 7-bedroom, 7-bath custom residence, an additional 1,000-square-foot guest house, seven garage spaces, resort-quality outdoor amenities, and a thoughtfully designed floor plan that accommodates virtually every lifestyle. Whether hosting extended family, entertaining on a grand scale, working from home, or simply enjoying a peaceful retreat, this estate delivers an exceptional blend of luxury, flexibility, and privacy. Legacy properties combining this level of acreage, architectural quality, multigenerational living, and resort-style amenities are exceptionally rare in the Tampa Bay market.

Getting Around

4
WalkingCar-Dependent
0
TransitNo Nearby Transit
44
BikeSomewhat Bikeable

Schools

9/10
6/10
7/10
East Lake High SchoolGrades PK,9-121.4 mi

Construction

Condition

  • Year built: 2001

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Block,Stucco

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Bar Fridge,Oven,Cooktop,Dishwasher,Disposal,Dryer,Electric Water Heater,Exhaust Fan,Microwave,Range,Range Hood,Refrigerator,Washer,Water Softener,Wine Refrigerator
  • Laundry features: Laundry Room

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 7
  • Full bathrooms: 7

Family Room

  • Features: Dual Closets
  • Level: First
  • Area: 690
  • Dimensions: 23x30

Features

  • Cathedral Ceiling(s),Ceiling Fan(s),Central Vacuum,Dry Bar,High Ceilings,Living Room/Dining Room Combo,Primary Bedroom Main Floor,Solid Wood Cabinets,Split Bedroom,Stone Counters,Thermostat,Walk-In Closet(s)
  • Door features: Outdoor Grill,Outdoor Kitchen,Outdoor Shower,Sliding Doors
  • Flooring: Ceramic Tile,Marble,Hardwood
  • Fireplace features: Wood Burning
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air

Interior Area

  • Total structure area: 6,438
  • Total interior livable area: 6,438 sqft

Kitchen

  • Level: First
  • Area: 252
  • Dimensions: 14x18

Primary Bedroom

  • Features: Walk-In Closet(s)
  • Level: First
  • Area: 323
  • Dimensions: 19x17

Property

Details

  • Parcel number: 092716625950000420
  • Zoning: A-E
  • Special condition: None

Features

  • Levels: Two
  • Stories: 2
  • Private pool: Yes
  • Pool features: Heated,Salt Water
  • Patio & porch: Covered,Deck
  • Exterior features: Basketball Court,Irrigation System,Outdoor Grill,Outdoor Kitchen,Outdoor Shower
  • Has spa: Yes
  • Spa features: Heated,In Ground

Lot

  • Lot size: 2.51 Acres
  • Lot size dimensions: 300 x 348

Parking

  • Total spaces: 4
  • Parking features: Garage - Attached
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneRelatively High
  • Lightning
    LightningRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Coastal Flooding
Cold Wave
Inland Flooding
Tornado
Tsunami

FEMA Declared Disasters in Pinellas County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $12,236$146,832
Home Insurance *$1,876$22,512
Property Taxes $3,536$42,432
Electricity $647$7,774
Total$18,295$219,540
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$627,257/yr
40% on housing$548,850/yr
45% on housing$487,866/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.7%
11.7%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 3.3%
3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$376This listing

vs Other Active Listings

Avg $/sqft

ZIP 34688$297
Pinellas County$301

vs Homes Sold Last Month

Median $/sqft

ZIP 34688$273
Pinellas County$288

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-01Listed for sale$2,420,000
2016-10-21Sold$920,000
2016-09-08Price change$950,000
2016-07-06Price change$975,000
2016-04-28Listed for sale$1,000,000
2015-05-06Sold$915,000
2015-02-07Price change$949,900
2014-09-27Listed for sale$999,000
2003-09-22Sold$1,025,000
2002-11-05Sold$283,900
2002-01-16Sold$50,500
2000-02-15Sold$308,000

For Sale by Agent

AgentKeely Zohouri
BrokerageCHARLES RUTENBERG REALTY INC

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