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8386 Austin Road , Melrose, FL 32666

$849,500
  • 8386 Austin Road , Melrose, FL 32666 Main Photo

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New to the Market Active
BEDS5 BATHS3 full SQUARE FEET3,688 MLS#GC539637
STATUSActive PROPERTY TYPEResidential - Single Family

Property Description

Welcome to an extraordinary opportunity to own a true waterfront retreat on the crystal-clear, spring-fed waters of Lake Lily-one of North Central Florida's most sought-after private lakes. This stunning property offers the perfect balance of luxury, recreation, and income potential, featuring a spacious 5-bedroom, 3-bath main home with over 3,300 square feet offering two primary suites and 3 guest bedrooms plus a separate auxillary dwelling unit (ADU) with two private 1-bedroom, 1-bath efficiency living spaces, each just under 400 square feet-ideal for guests, extended family, or rental income.Built with solid block construction, this home is designed for both durability and comfort. Inside, a beautifully updated kitchen anchors the home, blending style and functionality while opening seamlessly into the main living spaces. The expansive great room is a true showstopper, with walls of windows that capture breathtaking panoramic views of the lake, built-n cabinets and a gas fireplace-creating a light-filled space perfect for relaxing or entertaining year-round.Wake up to water views from multiple bedrooms, three of which offer private porch views overlooking the lake. The luxurious primary suite is a retreat of its own, complete with a screened in covered porch, custom cabinetry, and a spa-inspired bathroom featuring an oversized shower and a deep soaker tub. Step outside and experience the ultimate lake lifestyle. A huge oversized deck provide the perfect setting for outdoor dining and entertaining, while your private sandy beach and dock invite you to swim, sunbathe, or launch into a day of boating. Known for its pristine waters, Lake Lily offers the rare combination of being large enough for water skiing and jet skis, yet peaceful enough for quiet mornings and unforgettable sunset views. Surrounded by natural beauty and located within easy reach of Gainesville, Jacksonville, and Ocala, this property also places you near the charming communities of Melrose and Keystone Heights, known for their local dining and shopping. All this is located on 1.48 acres with a spectacular garden loaded with flowers, vegetables and plentiful fruit trees just waiting for you!Whether you're seeking a full-time lakefront residence, a private getaway, or a property with built-in income potential, this one-of-a-kind Lake Lily estate delivers an unmatched lifestyle where every day feels like a vacation.

8386 Austin Road | MLS# GC539637

This single family home located at 8386 Austin Road , Melrose, FL 32666 is currently listed for sale with an asking price of $849,500. This property was built in 1955 and has 5 bedrooms and 3 full baths with 3688 sq. ft. Search Melrose real estate on www.maridiaz.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Central Air, Mini-Split Unit(s)
Fenced: Yes
Heating: Central, Electric, Ductless
Home Style: Custom
Lot Size: 1.48 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $6,136
Year Built: 1955

Amenities

Built-in Features
Ceiling Fans(s)
Crown Molding
Open Floorplan
Primary Bedroom Main Floor
PrimaryBedroom Upstairs
Garden
Lighting
Playground
Private Entrance
Private Mailbox
Private Yard
Rain Gutters
Storage

Feature Descriptions

Additional Rooms: Bonus Room, Den/Library/Office, Great Room, Inside Utility
Appliances: Convection Oven, Cooktop, Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Gas Water Heater, Range, Range Hood, Refrigerator, Washer
Body of Water: LAKE LILY
Directions: From the intersection of SR 26 in Melrose go east on SR 26 and turn left onto Hwy 219 and then left on Neale Rd then left onto Austin Rd to home at address on the left - follow the driveway to where it splits and go to the right and follow to the home
Disaster Mitigation: Above Flood Plain
Exterior: Concrete
Fencing: Fenced, Wire, Wood
Fireplace: Gas
Fireplace Y/N: Yes
Flood Zone Code: X*
Flooring: Carpet, Ceramic Tile, Luxury Vinyl, Tile, Wood
Foundation: Crawlspace
Frontage Lake: 65
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, FHA, VA Loan
Lot: In County, Landscaped, Oversized Lot, Private, Unpaved
Lot Dimensions: 1.48
Number of Septics: 1
Number of Wells: 1
Other Equipment: Irrigation Equipment, Playground, Private Entrance, Private Yard
Other Structures: Guest House, Shed(s), Storage, Workshop
Ownership: Fee Simple
Parking: Converted Garage, Driveway, Open
Parking Notes: Converted Garage, Driveway, Open
Patio/Porch: Covered, Deck, Front Porch, Patio, Rear Porch, Screened
Property Attached Y/N: No
Property Sub-Type: Single Family Residence
Sewer: Septic Tank
Showing Instructions: Appointment Only, Lock Box Coded, ShowingTime
Special Sale Provisions: None
Special View Info: Water
Utilities: Electricity Connected, Propane, Underground Utilities
Vegetation: Fruit Trees, Mature Landscaping, Trees/Landscaped
Water: Well
Water Access: Lake
Water Access Y/N: Yes
Waterfront Features: Lake Front, Skiing Allowed
Water View: Lake
Windows: Insulated Windows
Zoning: SFR

Listed By / Shown By

Listed By

Agency Name: HORIZON REALTY OF ALACHUA INC
Agency Contact: 386-462-4020

Shown By

Agent Name: Mari Diaz
Agent Phone: Cell: (813) 220-7245
Agency Title: Florida Executive Realty

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Estimated Payment

$ 2,649.72 per month $1,890.62 Principal & Interest $511.33 Property Tax $247.77 Homeowner's Insurance

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