Charming colonial home located at 403 W Monroe Ave in Magnolia, this distinctive corner property offers classic character, generous living space, and a separately deeded additional 50 x 140 lot. A paver walkway and steps lead to an inviting wraparound porch. Step inside to a large foyer that welcomes you into this spacious 4-bedroom home. The cozy living room features a wood-burning fireplace, while the extra-large kitchen provides a dining area large bow window, movable island, double oven, gas cooktop, built-in microwave, dishwasher, and three- door stainless-steel refrigerator. Hardwood floors extend throughout the first and second floors, complemented by a large renovated tiled bathroom. The full basement provides additional storage and utility space. An attached room currently used as a ceramic studio features separate HVAC and plumbing, offering versatile possibilities for additional living or recreational space and the potential to configure an in- law suite, subject to applicable approvals. The space could also potentially be converted to an oversized two-car garage. Outside, the driveway offers an opportunity for future cement or blacktop improvement. Our home has a very large back yard with a deck and hot tub. Albertson Park is approximately one block away. The additional separately deeded 50 x 140 lot provides additional land with the property, with use subject to applicable zoning and requirements.