Listing Details for MLS #GC523878
505 Ne 5th Street, Gainesville, Fl

Residential Property - Single Family Residence in Gainesville

Listing Price: $999,000 (Mortgage Calculator →)Days on Market: 59

Description of Property

One of a kind, Historic W.B. Phifer House built in 1903 by William B. Phifer, who was a prominent business and civic leader in Gainesville at the turn of the century. The house is an excellent example of Colonial Revival architecture and features Corinthian porch columns made of solid cypress. This home has been preserved and maintained with its original windows, flooring and other architectural accoutrements. (The historical address is actually 506 NE 5th Ave). This amazing Duckpond Property has 4Br/3Ba 3,634 sqft in the main house with an additional 360 sqft 1Br/1Ba separate apartment. This historic home has two main entrances, one off of 5th Avenue and the other off of 5th Street. As you enter the home from the 5th avenue side you are greeted by large wrap around porches and a grand foyer with a first floor bedroom on the left and a formal study/flex room on the right. The main dining room and living rooms open to the amazing kitchen with stainless steel appliances and plenty of counter space, a large pantry, a full bath and a back entrance that leads to the driveway, garage, outdoor shower and 1br/1ba studio apartment. French doors from the kitchen lead to a newly installed pool and hot tub area (2022) with plenty of decking for sunning or entertaining. The fully fenced back yard includes a separate area that is currently being used for chickens. As you enter the home from the 5th street side you are greeted by another grand foyer with a large staircase to the second floor. Upstairs you will find the primary suite with a large walk around closet, updated bathroom and updated laundry area. There is an extensive open space area that fronts the two additional bedrooms and is perfect as a common play area or entertainment center. There is a screen sleeping porch off one of the bedrooms and you will notice as you walk through the house, the multiple restored historical decorative fireplace surrounds.This is the only 5 bedroom/4 bath single family residence between $800,000 and $1,200,000 currently listed for sale in this Zip code.