Welcome to Magnolia Oaks Farm. Step back in time while enjoying modern convenience at this stunning historic property just 10 minutes from the heart of downtown Columbia. Built in 1902 and situated on 8 picturesque acres of rolling pasture and mature shade trees, this unique estate offers endless possibilities as a private family retreat, multi-generational residence, homestead, or income-producing investment property. The historic front portion of the home showcases the charm and character of a bygone era, featuring approximately 2,800 square feet with three oversized bedrooms and three spacious full bathrooms. Thoughtfully updated over the years while preserving its historic appeal, the home offers generous living spaces ideal for a large family, homeschooling, entertaining, or simply enjoying country living. In 2022, a substantial addition was completed at the rear of the home, creating a separate one-bedroom, one-bathroom living space complete with a kitchenette. The property is currently configured to provide multiple income streams, with the main residence and rear apartment operating as separate rental units while sharing a centrally located full bathroom and laundry area. Adding even more value is the impressive 50’ x 60’ Summertown Metals pole barn, constructed in 2022. Equipped with full electrical service and a half bathroom, the building offers exceptional flexibility for equipment storage, workshops, business operations, hobby space, or additional rental income. Major system updates provide peace of mind, including a brand-new five-bedroom septic system and field lines installed in 2023.