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8386 AUSTIN Rd

melrose, FL 32666

$849,500

  • 5 BR
    3 BA
    approx. 3,688 SF

Interested? Let's Connect

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.

Details

3,688 Sq Ft

1.48 Private Acres Lot Size

single family home

$511 Monthly Tax

Built in 1955

MLS/Listing ID GC539637

1 Stories

Amenities & Features

Private Entrance

Private Yard

Rain Gutters

Storage

Fenced

Wire

Wood

Gas Fireplace

Carpet

Patio

Rear Porch

Screened

Shingle

Water View

Lake Front

Insulated Windows

Septic System

Well

Washer

Refrigerator

Range Hood

Range

Ceramic Tile

Tile

Hardwood

Crawlspace

Unfurnished

Heating - Electric

Built-in Features

Ceiling Fans

Crown Molding

Open Floor Plan

Laundry Room

Lot - In County

Lot - Landscaped

Lot - Oversized Lot

Lot - Private

Parking - Converted Garage

Parking - Driveway

Parking - Open

Covered

Deck

Front Porch

Exhaust Fan

Gas Water Heater

Style - Custom

Construction - Concrete

Cooling - Central Air

Cooling - Multi-split AC

Garden

Irrigation System

Lighting

Playground

Convection Oven

Cooktop

Dishwasher

Dryer

Electric Water Heater

Estimate my mortgage

TOTAL MONTHLY COST

$0

  • PRINCIPAL & INTEREST

    $0

  • PROPERTY TAXES

    $0

  • Common Charges

    $0

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