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8386 AUSTIN ROAD , Melrose, FL 32666

Sold: $650,000
Sold on: Oct 27th, 2026
$ Per Square Foot: $176
Sold: $650,000
Sold on: Oct 27th, 2026
$ Per Square Foot: $176
BEDS5 BATHS3 full SQUARE FEET3,688 MLS#GC539637
STATUSSold PROPERTY TYPEResidential - Single Family SUBDIVISIONNOT IN SUBDIVISION


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.

Property Features

Cooling: Central Air, Mini-Split Unit(s)
Days on Market: 190
Heating: Central, Electric, Ductless
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

Additonal 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
Exterior: Concrete
Fireplace: Gas
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
Parking: Converted Garage, Driveway, Open
Parking Notes: Converted Garage, Driveway, Open
Property Sub-Type: Single Family Residence
Special Sale Provisions: None
Special View Info: Water
Utilities: Electricity Connected, Propane, Underground Utilities
Water Access: Yes
Water Features: Lake Front, Skiing Allowed

Listed By / Sold By

Listed By

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

Provided By

Agent Name: Kim Peran
Agent Phone: Cell: (386) 846-3477
Agency Title: Adams Cameron & Co. REALTORS

Sold By

Agency Name: STELLAR NON-MEMBER OFFICE
Agent Name: Non-Member Agent

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