Description

Welcome to 103 S. Magnolia Avenue, an iconic piece of history in the heart of the Green Cove Springs Historic District. Known as the Dr. Applegate House, this remarkable property is listed on the National Register of Historic Places as a contributing building within the district--offering a rare opportunity to own a true landmark. Built circa 1887, this charming vernacular-style home has been thoughtfully renovated over the years, blending modern updates with preserved architectural character. Step through the foyer onto the home's original hardwood floors and admire the detailed trim work that continues throughout each room--timeless craftsmanship that tells a story more than a century in the making. A 4-point inspection completed in 2023 verified updated electrical wiring and complete re-piping of the home, providing peace of mind. The metal roof is just six years old. HVAC systems were updated in 2013, 2015, and 2017, with ductless mini-split systems serving the third floor. Water heaters were manufactured in 2019, 2020, and 2021. Spanning three levels, the home features 8 bedrooms and 7 full bathrooms. The dining room is centrally located between the kitchen and sitting area, creating a natural flow for gatherings. Two laundry rooms are conveniently located on the first floor, and three electric fireplaces add warmth and ambiance throughout the first and second levels. Currently operating as a successful Airbnb, The Dr. Applegate House has also served as an antique shop and, from 1997 to 2023, was the area's only remaining Bed & Breakfast. With flexible potential uses--including a primary residence, professional offices, retail space, or service establishment--the possibilities are truly expansive. Outdoor living is just as captivating. Enjoy gentle river breezes and views of the St. Johns River from the second-level screened balcony, or relax on the porch swing below. A screen-enclosed gazebo offers the perfect setting to entertain, unwind, or enjoy a quiet afternoon with a book. Located on the west bank of the St. Johns River and within walking distance to local restaurants and shops, you'll love strolling along the riverfront to the fishing pier, boat slips, and scenic picnic areas. Directly across the street is Spring Park, home to the famous spring that drew visitors to Green Cove in the 1800s. The spring's constant 77-degree waters bubble from the aquifer into a manmade basin, flow into a large swimming pool, and continue as a winding spring run toward the St. Johns River--creating a one-of-a-kind natural attraction right outside your door. During the holidays, enjoy the beloved Parade of Trees and festive lights from your own balcony. The Clay County Fairgrounds are just five minutes away, with convenient access to I-295 and I-95 within 15 miles. Rich in history, thoughtfully updated, and positioned in one of Northeast Florida's most charming riverfront communities, 103 S. Magnolia Avenue is more than a property--it's a legacy waiting to continue its story.

Financial

Property