8386 Austin Road, Melrose, FL 32666

$785,000
5
BD
3
BA
3,688
SqFt

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List Price
$785,000
Status
Active
Days on Market
98
Price Change
▼ $64,500 1782240885
MLS#
GC539637
Property Style
Single Family
Architectural Style
Custom
Year Built
1955
Bedrooms
5
Bathrooms
3
Living Area
3,688
Lot Size
64,338
Acres
1.48
Total Acreage
1 to less than 2
MLS Area Major
Melrose

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.

Additional Information

Taxes
$6136
Minimum Lease
No Minimum
Location
In County, Landscaped, Oversized Lot, Private, Unpaved
Community Features
No Deed Restriction
Property Description
Two Story
Zoning
SFR
Interior Layout
Built-in Features, Ceiling Fans(s), Crown Molding, Open Floorplan, Primary Bedroom Main Floor, PrimaryBedroom Upstairs
Interior Features
Built-in Features, Ceiling Fans(s), Crown Molding, Open Floorplan, Primary Bedroom Main Floor, PrimaryBedroom Upstairs
Floor
Carpet, Ceramic Tile, Luxury Vinyl, Tile, Wood
Appliances
Convection Oven, Cooktop, Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Gas Water Heater, Range, Range Hood, Refrigerator, Washer
Utilities
Electricity Connected, Propane, Underground Utilities
Heating
Central, Electric, Ductless
Air Conditioning
Central Air, Mini-Split Unit(s)
Fireplace Description
Gas
Exterior Construction
Concrete
Exterior Features
Garden, Lighting, Playground, Private Entrance, Private Mailbox, Private Yard, Rain Gutters, Storage
Roof
Shingle
Foundation
Crawlspace
Pool
No Pool
Garage Features
Converted Garage, Driveway, Open
Fences
Fenced, Wire, Wood
Water Name
Lake Lily
Water Extras
Skiing Allowed
Water View
Lake
Water Access
Lake
Water Frontage
Lake Front
Flood Zone Code
X*
Parcel ID
05-09-23-005426-000-00
Legal Description
PART OF N1/2 OF SE1/4 S5T9R23 AS REC O R 3852 PG 228

Listing courtesy of HORIZON REALTY OF ALACHUA INC. 386-462-4020

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