Active

8386 Austin Road

MELROSE, FL 32666

$849,500 $3,581/Mo

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Overview

Bed

Bath

3,688

Sqft

1.48

Acres(Lot)

Description

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.

Property Details

Property Type : Residential

Price : $849,500

AD Id : 77668776

MLS Id : MFRGC539637

Beds : 5

Lot Size : 1.48 Acres

Living Area Size : 3,688

Year Built : 1955

County : Clay

Subdivision: Not In Subdivision

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedroom: 5

Bathroom Information

Total Baths: 3 Full Baths: 3

Interior Features

Built-in Features, Ceiling Fans(s), Crown Molding, Open Floorplan, Primary Bedroom Main Floor, PrimaryBedroom Upstairs Roof: Shingle Appliances: Convection Oven, Cooktop, Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Gas Water Heater, Range, Range Hood, Refrigerator, Washer Laundry Features: Laundry Room

Roofing Information

Shingle
Flooring Information

Flooring: Carpet, Ceramic Tile, Luxury Vinyl, Tile, Wood Construction Materials: Concrete
Heating & Cooling

Heating: Central, Electric, Ductless Cooling: Central Air, Mini-Split Unit(s) Water front: 1 WaterSource: Well

Building Information

Year Built: 1955
Exterior Features

Garden, Lighting, Playground, Private Entrance, Private Mailbox, Private Yard, Rain Gutters, Storage Construction Materials: Concrete Foundation Details: Crawlspace Road Responsibility: Public Maintained Road

Lot Information

Lot Dimensions: 87x740 Lot Description: In County, Landscaped, Oversized Lot, Private, Unpaved Lot Square Feet: 64338 Lot Acres: 1.48 Lot Size (SqMt): 5977

Property Information

Property Type: Residential Sub Type: Single Family Residence Style: Custom

Listing Price Information

Original List Price:$849500

Tax Information

Tax Block: 0/0 Tax Book Number: NA Tax Lot: 00 Tax Legal Description: PART OF N1/2 OF SE1/4 S5T9R23 AS REC O R 3852 PG 228 Annual Tax: $6136.14 Tax Year: 2025 Parcel Number: 05-09-23-005426-000-00

Virtual Tour

Virtual Tour (External Link)

Parking Information

Converted Garage, Driveway, Open

Utility Information

Electricity Connected, Propane, Underground Utilities Sewer: Septic Tank Water Source: Well
Location Information

Subdivision: NOT IN SUBDIVISION City: MELROSE Direction: From the intersection of SR 26 in Melrose go east on SR 26 and turn left onto Hwy 219 and then left on Neale Rd then left onto Austin Rd to home at address on the left - follow the driveway to where it splits and go to the right and follow to the home

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
163 Boots Road, Melrose, FL, 32666	$499,999	3	2	1,664	1,664 SqFt
101 Ramsey Drive, Melrose, FL, 32666	$995,000	4	4	3,516	3,516 SqFt
1208 N County Road 315, Melrose, FL, 32666	$299,999	3	2	1,344	1,344 SqFt
105 Dairy Road, Melrose, FL, 32666	$750,000	3	4	2,961	2,961 SqFt
111 Kirby Trail, Melrose, FL, 32666	$850,000	3	4	3,143	3,143 SqFt
124 Mandarin Lake Road, Melrose, FL, 32666	$310,000	2	2	1,177	1,177 SqFt
114 Mandarin Lake Road, Melrose, FL, 32666	$344,000	3	2	1,783	1,783 SqFt
114 Mandarin Lake Road, Melrose, FL, 32666	$359,000	3	2	1,783	1,783 SqFt
141 Tucker Lake Road, Melrose, FL, 32666	$375,000	3	2	1,612	1,612 SqFt
141 Tucker Lake Road, Melrose, FL, 32666	$349,995	3	2	1,612	1,612 SqFt

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ByOwner last updated this listing 06/10/2026 @ 06:20

MLS: MFRMLS #GC539637 LISTED BY: Joan Sroka, HORIZON REALTY OF ALACHUA INC 386-462-4020 SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS) (Listings courtesy of MFRMLS (My Florida Regional MLS DBA Stellar MLS) as distributed by MLS GRID)