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8386 Austin Road

Melrose, FL 32666
  • $785,000
  • STATUS: Active
  • ON SITE: 138 Days
  • MLS #: GC539637
UPDATED: 35 min ago
$785,000
  • 5
    BEDS
  • 1.48
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 3,688
    SQFT
  • $213
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1955
County:
Area:

School Ratings & Info

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.

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© 2026 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2026-09-08T20:45:47.043.
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8386 Austin Road Melrose, FL 32666

  • Price: $785,000
  • Status: Active
  • On Site: 138 Days
  • Updated: 35 min ago
  • MLS #: GC539637
5
Beds
3
Baths
0
½ Baths
1.48
Acres
3,688
SQFT
$213
$/SQFT
1955
Built
Neighborhood:
Not In Subdivision
County:
Clay
Area:
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.
Exterior Features

Additional Water Information Located right on Lake Lily with a sandy beach area and a dock to enjoy! Architectural Style Custom Carport Yn No Construction Materials Concrete Direction Faces East Exterior Features GardenIrrigation SystemLightingPlaygroundPrivate EntrancePrivate MailboxPrivate YardRain GuttersStorage Fencing FencedWireWood Foundation Details Crawlspace Lot Features In CountyLandscapedOversized LotPrivate Lot Size Dimensions 87 x 740 Open Parking YN Yes Other Structures Guest HouseShed(s)StorageWorkshop Parking Features Converted GarageDrivewayOpen Patio And Porch Features CoveredDeckFront PorchPatioRear PorchScreened Pool Private Yn No Road Frontage Type Street Unpaved Road Surface Type UnimprovedLimerock Roof Shingle View Water Water Access Lake Water Access Yn Yes Water Body Name LAKE LILY Water Extras Skiing Allowed Water Extras Yn Yes Water View Lake Water View Yn Yes Waterfront Features Lake Front Waterfront Yn Yes

Interior Features

Additional Rooms Bonus RoomDen/Library/OfficeGreat RoomInside Utility Appliances Convection OvenCooktopDishwasherDryerElectric Water HeaterExhaust FanGas Water HeaterRangeRange HoodRefrigeratorWasher Building Area Total 3304 Cooling Central AirMini-Split Unit(s) Cooling YN Yes Fireplace Features Gas Fireplace Yn Yes Flooring CarpetCeramic TileLuxury VinylTileHardwood Furnished Unfurnished Heating CentralElectricWall Units / Window Unit Heating YN Yes Interior Features Built-in FeaturesCeiling Fan(s)Crown MoldingOpen FloorplanPrimary Bedroom Main FloorPrimaryBedroom Upstairs Laundry Features Laundry Room Levels Two Rooms Living Room (Built-In ShelvingCeiling Fan(s)) Kitchen (BarBreakfast BarBuilt-In ShelvingPantryKitchen IslandExhaust FanTall CountertopsWalk-In Closet(s)) Primary Bedroom (Ceiling Fan(s)En Suite BathroomWalk-In Closet(s)) Dining Room Primary Bathroom (Exhaust FanHandicapped AccessibleShower No TubSingle VanityStone CountersWindow/Skylight in BathLinen Closet) Sewer Septic Tank Stories Total 1 Water Source Well Window Features Insulated Windows

Property Features

Additional Lease Restrictions NONE Additional Parcels YN No Association Approval Required Yn No Association Yn No Cdd Yn No Down Payment Resource Yes Flood Zone Code X* Garage Yn No Homestead Yn Yes Lease Considered YN Yes Lease Restrictions YN No Listing Terms CashConventionalFHAVA Loan Minimum Lease No Minimum New Construction Yn No Number Of Septics 1 Number Of Wells 1 Occupant Type Vacant Ownership Fee Simple Property Sub Type Single Family Residence Realtor Info As-Is Senior Community Yn No Special Listing Conditions None Tax Annual Amount 6136.14 Total Annual Fees 0 Total Monthly Fees 0 Utilities Electricity ConnectedPropaneUnderground Utilities Zoning SFR


Listing information © 2026 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of HORIZON REALTY OF ALACHUA INC: 386-462-4020.



© 2026 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2026-09-08T20:45:47.043.
 
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