OLD Marco Factory Bay Neighborhood
Reimagined Waterfront Gem - Immediate Gulf Access
864 Magnolia Court, Marco Island, FL 34145
3 Bed + Den | 2.5 Bath | 2203SF | 3042SF TOTAL
Offered for $2,150,000.*
*Seller offering cooperating Broker compensation of 2.5% of the final purchase price.
*Broker commissions are not set by law and are fully negotiable.
PROPERTY VIDEO | FEATURES & BENEFITS | PROPERTY BROCHURE | MLS DETAIL REPORT | SATELITE MAP
PROPERTY VIDEO
A true waterfront gem nestled in the desirable Old Marco Factory Bay neighborhood, this beautifully reimagined coastal residence of 3 Bed | 2.5 BA | 3042SF TTL captures the relaxed elegance of island living with 102 feet of water frontage and direct Gulf access, just minutes to the Marco River. Set on an oversized 104 x 110 homesite of .26 acres, the property welcomes you with a circular driveway framed by mature palms and a graceful double-door entry leading into light-filled living spaces enhanced by volume ceilings, multi-peak gable and hip rooflines, and timeless coastal architecture.
The open-concept layout flows effortlessly from the living and dining areas to the chef's kitchen, designed for both entertaining and everyday comfort. The primary suite offers private lanai access, a walk-in closet, and a beautifully appointed bath, while the 2 split bedrooms provide privacy and flexibility for family or guests.
Walls of sliding glass doors open to the expansive screened lanai with 2 covered porches, featuring a sparkling pool and spa surrounded by lush tropical landscaping and tranquil water views.
Boaters will appreciate the private 2009 seawall, dock with slip and lift—providing quick, water direct (no-bridge) access to the Gulf of Mexico. Additional features include a newer air-conditioning and heating system and new fencing in 2024, automatic roll-down shutters, irrigation system, concrete block construction, and 2 garages for 3 cars offering excellent storage.
Combining timeless design with modern updates and a premier water-direct location, this exceptional home offers both luxury and convenience—within walking distance to the Marco River Marina, waterfront restaurants, shops, and charter excursions.
Offered for $2,150,000.
GALLERY
FEATURES AND BENEFITS
OVERALL HOME
3 Bedrooms + Den | 2.5 full Bathrooms | Attached 3 Car Garage
HOME 2203 SQFT | TOTAL AREA 3042 SQFT
0.26 Acre Lot
Pride of Ownership - Custom Built
Secluded and private tranquil setting
Large scale living with room to entertain or escape
Center Courtyard with pool and Covered Lanai
2 Bedroom Guest House/Casita
Terrazzo Flooring, wood like engineered and carpet
12 Foot volume ceilings with crown molding
Cozy Gas Fireplace
Large Sliding Doors and Picture Windows
Many Recent Updates
LIVING SPACES
Entry Foyer
Great Room open to Kitchen and Dining
Gourmet dine-in kitchen with a large island and breakfast bar
Pantry
Family Room + Den that could be used as 5th bedroom
Private Primary in the back of the home with a split bedroom
Full width lanai off rear of home open to all bedrooms
Large Laundry Room
PRIMARY SUITE AND BATH
Primary Ensuite on main floor in the rear with access to pool, lanai and rear yard fruit trees
Ultra Spacious Primary Bath with separate tub and shower
Dual Sinks
2 Large His & Hers Walk-in Closets
More BEDROOMS - GUEST HOUSE
2 Bedrooms in the detached guest house/casita of 701SF.
Ideal for guests, home office, fitness room, creative studio, wellness center or other flex space.
The casita has been been used as a successful short term rental for $5,000. to $6,000. per month, as per seller - though is not currently rented with no future rental bookings
2nd Bedroom ground floor with nearby full bath
Den/home office, flex space that could be used as 3rd main house bedroom
All bedrooms access the screened lanai
OUTDOOR SPACES
Set deeply back off the street for optimal privacy
Large Circular Drive
Center patio with in-ground pool
Floor to ceiling doors to courtyard for optimal indoor outdoor living
Mango, Starfruit and Papaya trees in the back yard
Lush tropical landscaping - Mature Palms
Lot dimensions of 104x110x104x110
0.26 acre lot
MORE…
3 Car oversize deep Garage with room for storage, bikes, fridge and more
Tile Roof - 2021 Roof Inspection
NEIGHBORHOOD
Old Marco is the original heart of Marco Island—a rare enclave where history, charm, and waterfront luxury converge. Tucked along the island’s northeast corner at the meeting of the Marco River and Collier Bay, this scenic village blends Old Florida character with the convenience of modern coastal living.
Centered around Bald Eagle Drive and Palm Street, the neighborhood features picturesque canals and deep-water homes offering direct Gulf access, often with no bridges between your dock and open water. Here, residents stroll to local favorites like Snook Inn, LeeBe Fish, and the Shops of Olde Marco, or enjoy evenings watching dolphins play from their private docks.
The area’s origins trace back to the island’s first settlers, with the Olde Marco Inn still standing as a charming reminder of Marco’s early hospitality era. Despite its laid-back, island feel, Old Marco is just minutes from the Jolley Bridge, making it one of the most convenient spots for quick access to Naples and the mainland.
Whether you’re seeking a waterfront retreat steeped in history or an elegant estate with wide-water views, Old Marco offers an unmatched blend of authenticity, accessibility, and coastal sophistication.
Tommie Barfield Elementary School - Grades: PK-5, Distance: 2.2 mi
Manatee Middle School - Grades: 6-8 , Distance: 11.4 mi
Lely High School - Grades: 9-12, Distance: 13.9 mi
PROPERTY STATEMENT
PROPERTY MAP
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