This canal-front home on Holiday Isle sits on a spacious corner

swipe instructions
Tap to see more photos

Home For Sale

601 Magnolia Drive

Destin, Florida 32541

Okaloosa County

Waterfront: Yes

Community: HOLIDAY ISLE

map
$4,990,000 5 br, 6.0 bath 5384 sq. ft. 0.460 acres

This canal-front home on Holiday Isle sits on a spacious corner lot and is a true boater's dream, featuring over 217 feet of waterfront-ample space for your fleet of vessels. The property offers two covered deep-water 40-foot slips, one equipped with a 25,000-pound boat lift. Additional features include three 30-amp power pedestals and a non-covered jet ski lift. The crown jewel of the estate is a 100-foot lay-to dock, current owner has been HOA-approved to accommodate a 90-foot sportfishing yacht with a 23'2'' beam. This dock includes two 100-amp single-phase power pedestals and ten newly installed 12-inch pilings, ensuring secure mooring. Meticulously designed and constructed, this newer custom home boasts top-of-the-line upgrades and remarkable attention to detail, making it a standout for boat enthusiasts. Luxury amenities include an elevator, Generac generator, electric blinds, and plantation shutters. There is a spacious living area on each level, laundry room on each level and a second-floor kitchenette. Each of the five large bedrooms features its own en suite bathroom. Positioned at the end of a private cul-de-sac, the property features a large paver circular driveway, an oversized two-car garage, and a separate garage for a golf cart or boating and fishing supplies. The resort-like rear exterior includes a stunning swimming pool and hot tub with fountains, a rain curtain, and custom color-changing lighting. Roll-up pool screens provide unobstructed views and enhanced airflow. Over 2,000 square feet of covered porches, a large sundeck, and a private beach area with a fire pit complete this exceptional outdoor living space.

Interior:
  • Bedrooms: 5
  • Baths: 6.0
  • Sq Ft: 5384
  • Year Built: 2017
  • Utilities: 
  • Fireplaces: Has Fireplace
  • Stories: 2
  • Heat/AC: Central
  • Garage: Golf Cart, Oversize, Boat
Exterior:
  • Lot Size: 0.460 acre
  • Lot Dimensions: 
  • Waterfront: Yes
  • View Types: 
  • Yard: 
  • Siding: Foundation Off Grade, Roof Pitched, Stucco
  • Roof: 
  • Property Taxes: $43,510
  • Swimming Pool: Yes
  • MLS #: 980583
Get More Info
static map
Contact Information:
Beach Home For Sale in Destin, Florida
Listing Agent: Michelle C Blanton, Lokation Real Estate, 850-699-0835, 954-545-5583 Listing Site, Listing Status: Active
Copyright © 2025 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 6394254
Viewed 60 times.
Updated: Dec 04, 2025

This property is a Home located at 601 Magnolia Drive, Destin, Florida 32541, and is currently For Sale at $4,990,000. This Home has 5 bedrooms, 6.0 baths, 5384 sq ft.