20 Magnolia Avenue, Shalimar, FL 32579 (MLS # 984832)

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View Virtual Tour PRICE $539,900 BEDS 5 BATHS 3 HOME SIZE 2,968 sqft LOT SIZE 14,811 sqft Request More Info Schedule a Showing

Beautifully Updated 5-Bedroom, 3-Bath Home with Bonus Room - No HOA - Poquito Bayou Neighborhood! Discover the perfect blend of space, functionality, and modern updates in this thoughtfully maintained two-story home. Situated on a 0.34-acre lot in the highly desirable Poquito Bayou neighborhood, this property offers no HOA fees and is just minutes from Eglin AFB, Hurlburt Field, Fort Walton Beach, and local beaches. A gorgeous koi pond and waterfall welcome you at the entry, setting the tone for the tranquility found throughout the home. Step inside to find five spacious bedrooms, three full bathrooms, and three versatile living areas, including a bonus room with a private entrance--ideal for a home business, studio, extra entertaining space, game room, or guest suite. The 5th bedroom is large enough to serve as a spacious walk-in closet, and the upstairs level could easily function as a complete master suite with a spacious bedroom, walk-in closet, and updated bath. The home features fresh interior paint, new luxury vinyl plank flooring, and updated interior doors and lighting throughout. The kitchen is equipped with double ovens, a gas range, ample cabinet storage, and space for a second refrigerator, while a walk-in pantry adds convenience. Recent upgrades (2023-2025) include a brand-new roof, copper wiring (March 2024), water heater, lawn irrigation pump, and updated baths with the downstairs en suite renovated in 2023 and the upstairs bath completed in May 2025. Double-pane vinyl windows, a zoned high-efficiency HVAC system, and a whole-house Generac gas generator provides year-round comfort and security. The first-floor primary suite showcases a tiled walk-in shower, while the guest bath offers an oversized granite-topped vanity and tub/shower combo. Upstairs, a spacious bedroom with a walk-in closet and updated bath provides additional privacy and flexibility. The interior laundry room includes a utility sink, folding table, and space for another refrigerator. Outside, enjoy a meticulously landscaped yard, two powered storage sheds/workshops, and an oversized driveway for multiple vehicles. Nearby you'll also find a boat ramp and a playground, adding to the convenience of this location. This home offers unmatched flexibility, thoughtful upgrades, and a sought-after location, ready for its next chapter! *Some photos have been virtually staged*