Historic home with expansive porches and river views in downtown New Smyrna Beach. Built in 1915, this 2-story, bungalow sits on Magnolia St 1/2 block from the Indian River/ICW. Suitable for 2 families, the home sits atop a corner lot in the B&B and the Arts District Overlay. It has two distinct living areas. The upstairs is a stand-alone 2-bedroom apartment accessible from inside OR outside. Downstairs is a huge living room featuring a coquina-faced wood-burning fireplace and connects to a large separate dining area and adjoins to the kitchen. Two 1st floor bedrooms include a large master suite & bedroom - currently used as an office - with attached full bath. The 2nd floor living area includes a living room, kitchen and balcony with incredible river view. A wide, walkaround porch surroundsurrounds 3 sides of the home. The over-sized detached garage holds 2 cars with room for a workshop and has a ½ bath. There's also an outdoor shower with hot water. The downstairs HVAC is very recent with gas heat and electric air conditioning. A new gas-powered tankless hot water heater serves the first floor. Upstairs is heated and cooled by a separate electric HVAC unit. It is served by an electric hot water heater. There is an in ground well and sprinkler system and solar panels which handle the bulk of electricity usage in the summer. 415 Magnolia is within a mile of historic Canal Street with its restaurants and shops. The property is in the city's Bed and Breakfast overlay as well as the Arts Overlay. The Arts Overlay allows the owner to live on site and operate an arts-related business in the home.
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