8386 Austin Road, Melrose, FL 32666
Local realty services provided by:ERA Grizzard Real Estate
Listed by: joan sroka, amber aguirre
Office: horizon realty of alachua inc
MLS#:GC539637
Source:MFRMLS
Price summary
- Price:$785,000
- Price per sq. ft.:$237.59
About this home
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....
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Home facts
- Year built:1955
- Listing ID #:GC539637
- Added:71 day(s) ago
- Updated:July 02, 2026 at 04:53 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:3
- Full bathrooms:3
- Flooring:Carpet, Ceramic Tile, Luxury Vinyl, Tile, Wood
- Kitchen Description:Convection Oven, Cooktop, Dishwasher, Exhaust Fan, Range, Range Hood, Refrigerator
- Bedroom Description:Primary Bedroom Main Floor, Primary Bedroom Upstairs
- Basement Description:Crawlspace
- Living area:3,688 sq. ft.
Heating and cooling
- Cooling:Central Air, Mini-Split Unit(s)
- Heating:Central, Ductless, Electric
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1955
- Building area:3,688 sq. ft.
- Lot area:1.48 Acres
- Lot Features:Landscaped, Oversized, Private, Unpaved
- Architectural Style:Custom
- Construction Materials:Concrete
- Exterior Features:Covered Porch/Patio, Deck, Front Porch, Garden, Lighting, Patio, Private Mailbox, Rain Gutters, Rear Porch, Screened
- Levels:2 Story
Utilities
- Water:Well
- Sewer:Septic Tank
Finances and disclosures
- Price:$785,000
- Price per sq. ft.:$237.59
- Tax amount:$6,136 (2025)
Features and amenities
- Appliances:Convection Oven, Cooktop, Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Gas Water Heater, Irrigation Equipment, Range, Range Hood, Refrigerator, Washer
- Laundry features:Dryer, Laundry Room, Washer
- Amenities:Built-In Features, Ceiling Fans(s), Crown Molding, Irrigation Equipment, Open Floorplan, Primary Bedroom Main Floor, Primary Bedroom Upstairs, Underground Utilities
- Pool features:Public Pool
Parking
- Parking description:Converted Garage, Driveway, Open
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