$1,400,000
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1125 Magnolia ST Lockhart, TX 78644
5 Beds
5 Baths
5,749 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 5,749 sqft
Price per Sqft $173
Subdivision Mrs M M Blanks
MLS Listing ID 5533115
Sold Date 07/26/24
Style 1st Floor Entry
Bedrooms 5
Full Baths 5
Originating Board actris
Year Built 1932
Tax Year 2023
Lot Size 2.066 Acres
Property Description
Jewel of the Crown,Welcome to The Adams Estate, a magnificent 1932 Tudor Revival style home steeped in the rich history of Lockhart,Texas.Designed for the esteemed oil man, rancher, and developer Fred J. Adams by architect Philip Lloyd Shoop, this grand 5,749 soft. residence is nestled on a spacious 2-acre lot,a tranquil retreat just a stroll away from the vibrant town square.The Adams Estate boasts an array of elegant features that honor its historical significance while providing modern functionality.It comprises 5 generously sized bedrooms and five full baths,each reflecting the timeless charm and meticulous craftsmanship of its era.Original oak wood flooring,parquet,and exquisite Italian mosaics run throughout,leading you through archways and past solid wood doors adorned with nautical scenes and the Adams family crest – a fish.The heart of the home lies in its three wood-burning fireplaces located in the library,living room,and a spectacular basement, formerly Fred Adams' speakeasy.This unique space has beautiful yellow Italian tile, adding a touch of vintage glamour perfect for entertaining, basement does need finish out.Perhaps most enticing is the property’s SUP-20-11 zoning approval for operation as a Bed & Breakfast.This,coupled with its historical designation potential offering significant tax credits,makes The Adams Estate an attractive investment or family home.The home needs a new kitchen, the master bath needs tile,and two showers were shower pans have been replaced.Owner has $25k worth of hardware for baths from Ferguson Plumbing. Owner will consider selling the adjacent property which are two operating airbnbs on .33 acres which could be purchased at an additional price. City of Lockhart will permit a well which could irrigate grounds and pool. This property would not be suited for large events but for more eloquent small gatherings similar to a boutique hotel, weddings, anniversary, and exclusive parties. Hollywood Regency Ambiance at its best!
Location
State TX
County Caldwell
Interior
Interior Features Bar, Bookcases, Built-in Features, Cedar Closet(s), Ceiling Fan(s), Beamed Ceilings, Coffered Ceiling(s), High Ceilings, Chandelier, Granite Counters, Crown Molding, Electric Dryer Hookup, Entrance Foyer, French Doors, Interior Steps, Multiple Dining Areas, Multiple Living Areas, Recessed Lighting, Soaking Tub, Washer Hookup, Wet Bar
Heating Central, Natural Gas
Cooling Ceiling Fan(s), Central Air
Flooring Parquet, Tile, Wood, See Remarks
Fireplaces Number 3
Fireplaces Type Basement, Library, Living Room
Fireplace Y
Appliance Bar Fridge, Gas Cooktop, Free-Standing Gas Oven, Plumbed For Ice Maker, Free-Standing Gas Range, Refrigerator, See Remarks, Stainless Steel Appliance(s), Washer/Dryer, Electric Water Heater, Water Heater
Exterior
Exterior Feature Gutters Partial, Private Yard
Garage Spaces 3.0
Fence None
Pool None
Community Features None
Utilities Available Electricity Available, Natural Gas Available, Phone Available
Waterfront Description None
View None
Roof Type Tile
Accessibility Hand Rails
Porch Covered, Patio, Porch
Total Parking Spaces 10
Private Pool No
Building
Lot Description Back Yard, Corner Lot, Front Yard, Level, Sprinkler - Automatic, Trees-Large (Over 40 Ft)
Faces South
Foundation Pillar/Post/Pier
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Masonry – All Sides,Stucco
New Construction No
Schools
Elementary Schools Bluebonnet (Lockhart Isd)
Middle Schools Lockhart
High Schools Lockhart
School District Lockhart Isd
Others
Restrictions City Restrictions,Zoning,See Remarks
Ownership Fee-Simple
Acceptable Financing Cash, Conventional, Owner May Carry
Tax Rate 1.9903
Listing Terms Cash, Conventional, Owner May Carry
Special Listing Condition Standard
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Bought with Blairfield Realty LLC