Pending
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Pending

$785,000

5 Beds 3 Baths 3,688 SQFT 1.48 Acres
Type: Single Family

8386 AUSTIN ROAD
MELROSE, FL 32666

MLS#: GC539637
Steve Howe
Steve Howe
The Real Estate Advantage
Agent
Phone: 952.607.1222
Office: 952.898.5800
Presented by: HORIZON REALTY OF ALACHUA INC with 386-462-4020. - 386-462-4020

Property Description

 

Seller is 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. Sellers are also offering a closing cost credit to make the personal changes you want with an acceptable offer! 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.


 

Interior Features

Bedrooms

Total Bedrooms5

Bathrooms

Half Baths0
Total Baths3

Other Interior Features

LivingAreaSource0 sqft
Air Conditioning Y/NYes
Fireplace FeaturesGas
Fireplace Y/NYes
FlooringCarpet, Ceramic Tile, Luxury Vinyl, Tile, Hardwood
Furnished Y/NUnfurnished
Heating Y/NYes
Interior AmenitiesBuilt-in Features, Ceiling Fan(s), Crown Molding, Open Floorplan, Primary Bedroom Main Floor, PrimaryBedroom Upstairs
Laundry FeaturesLaundry Room
Total Stories1
Window FeaturesInsulated Windows

General

Additional Parcels Y/NNo
Additional RoomsBonus Room, Den/Library/Office, Great Room, Inside Utility
AppliancesConvection Oven, Cooktop, Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Gas Water Heater, Range, Range Hood, Refrigerator, Washer
Architectural StyleCustom
Body of WaterLAKE LILY
Building Area Units0 sqft
Carport Y/NNo
CityMELROSE
Construction MaterialsConcrete
CoolingCentral Air, Mini-Split Unit(s)
CountyClay
DirectionsFrom 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
DockY/NYes
Facing DirectionEast
Flood Zone CodeX*
Flood Zone Code XY
Full Baths3
Garage Y/NNo
HeatingCentral, Electric, Wall Units / Window Unit
Home Warranty Y/NNo
ILS Total SQFT384
ILS Under Air SQFT384
In Law Suite DescriptionDetached (ADU), Private Entrance
In Law Suite YNYes
Land Lease Y/NNo
Lease Considered Y/NYes
Legal DescriptionPART OF N1/2 OF SE1/4 S5T9R23 AS REC O R 3852 PG 228
LevelsTwo
Listing TermsCash, Conventional, FHA, VA Loan
Living Area Units0 sqft
Lot Size Square Feet64,338 sqft
Lot Size UnitsAcres
MLS Area32666 - Melrose
Minimum LeaseNo Minimum
New ConstructionNo
Occupancy TypeVacant
Other StructuresGuest House, Shed(s), Storage, Workshop
OwnershipFee Simple
Patio/Porch FeaturesCovered, Deck, Front Porch, Patio, Rear Porch, Screened
PossessionClose Of Escrow
Property SubtypeSingle Family Residence
Property TypeResidential
RoofShingle
Senior Community Y/NNo
SewerSeptic Tank
Standard StatusPending
StatusPending
Subdivision NameNOT IN SUBDIVISION
Tax Annual Amount$6,136
Tax Lot00
Tax Year2025
Total Rooms5
UtilitiesElectricity Connected, Propane, Underground Utilities
ViewWater
Virtual TourClick here
Water Access TypeLake
Water Access Y/NYes
Water ViewLake
Water View Y/NYes
Waterfront FeaturesLake Front
Year Built1955
ZoningSFR

Exterior

Building Area Total3,304 sqft
Exterior AmenitiesGarden, Irrigation System, Lighting, Playground, Private Entrance, Private Mailbox, Private Yard, Rain Gutters, Storage
FencingFenced, Wire, Wood
Foundation DetailsCrawlspace
Lot Dimensions87 x 740
Lot FeaturesIn County, Landscaped, Oversized Lot, Private
Lot Size Acres1.48
Lot Size Area1 sqft
Parking FeaturesConverted Garage, Driveway, Open
Private PoolNo
Road Frontage TypeStreet Unpaved
Road ResponsibilityPublic Maintained Road
Road Surface TypeUnimproved, Limerock
VegetationFruit Trees, Mature Landscaping, Trees/Landscaped
Water SourceWell
Waterfront Y/NYes

Additional Details

Price History

Schools 

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

  

Similar Properties

$785,000

5 Beds 3 Baths 3,688 SQFT 1.48 Acres
Type: Single Family

8386 AUSTIN ROAD
MELROSE, FL 32666

MLS#: GC539637
Steve Howe
Steve Howe
The Real Estate Advantage
Agent
Phone: 952.607.1222
Office: 952.898.5800