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8386 AUSTIN ROAD, MELROSE, FL 32666

NOT IN SUBDIVISION · Clay County

Key Facts

5Beds
3Baths
3,304Sq Ft
1955Year Built
1.48Lot (acres)
1Stories

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 Information

Property Type

Residential

Sub-Type

Single Family Residence

Style

Custom

Year Built

1955

Stories

1

Living Area

3,304 sq ft

Lot Size

1.48 acres

Lot Dimensions

87x740

Ownership

Fee Simple

Zoning

SFR

Days on Market

63

MLS® Listing#

GC539637

Property Features

Interior

Built-in FeaturesCrown MoldingOpen FloorplanIn-Law Floorplan

Exterior

GardenLightingPlaygroundPrivate EntrancePrivate YardRain GuttersStorageDock

Appliances

Convection OvenCooktopDishwasherDryerElectric Water HeaterExhaust FanGas Water HeaterRangeRange HoodRefrigeratorWasher

Cooling

Central Air

Heating

CentralElectricDuctless

Flooring

CarpetCeramic TileTileWood

Fireplace

Gas

Basement

Crawl Space

Parking

Converted GarageDrivewayOpen

Laundry

Laundry Room

Patio

CoveredDeckFront PorchPatioRear PorchScreened

Fencing

FencedWireWood

Lot Features

LandscapedPrivateWaterfront

Construction

Concrete

Roof

Shingle

Windows

Insulated Windows

Other Structures

Guest HouseShed(s)StorageWorkshop

Utilities

Electricity ConnectedPropaneUnderground Utilities

Sewer

Septic Tank

Water Source

PrivateWell

Rooms

  • Dining RoomFirst
  • KitchenFirst
  • Living RoomFirst
  • Master BathroomFirst
  • Master BedroomFirst

Financial Details

HOA

None

Annual Taxes

$6,136

Tax year 2025

Parcel Number

05-09-23-005426-000-00

Directions

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

Affordability Calculator

$157,000

Estimated monthly payment

$4,178/mo

Principal $628,000 · Est. interest $876,116 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in MELROSE, FL

$342,857
Median Listing Price
91
Median Days on Market
1,587
Median Sq Ft
$220
Median Price / Sq Ft
80
Active Listings
  • This home’s price is 129% above the area median.
  • Its price per sq ft is 8% above the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in MELROSE, FL.

Location

Map showing the location of 8386 AUSTIN ROAD, MELROSE, FL 32666

Points of Interest in MELROSE, FL

Showing the MELROSE area map.

Nearby Schools

  • Melrose Elementary School

    Elementary · 2.4 mi away

  • Keystone Heights Junior/Senior High School

    Secondary · 3.1 mi away

  • Keystone Heights Elementary

    Elementary · 3.1 mi away

  • Schools-Public Clay County

    Elementary · 3.1 mi away

  • Community Christian School

    School · 3.2 mi away

  • Keystone Heights High School

    Secondary · 3.4 mi away

  • Ochwilla Elementary School

    Elementary · 7.4 mi away

  • Hope Christian Academy

    School · 7.5 mi away

  • McRae Elementary School

    Elementary · 8.0 mi away

  • Waldo Community School

    Secondary · 9.7 mi away

  • Q.I. Roberts Junior - Sr. High School

    Secondary · 10.4 mi away

  • Chester Shell Elementary School

    Elementary · 10.7 mi away

  • Hawthorne Academy

    School · 10.8 mi away

  • Interlachen High School

    Secondary · 11.0 mi away

  • Hawthorne Middle/High School

    Secondary · 11.1 mi away

  • Bradford County Schools

    Elementary · 11.2 mi away

  • Kid City USA - Hampton

    School · 11.2 mi away

  • Interlachen Elementary School

    Elementary · 12.0 mi away

  • Windsor Christian Academy

    School · 12.0 mi away

  • Bradford Elementary School

    Elementary · 14.6 mi away

Commute Calculator

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Nearby Homes

Similar Homes Nearby

Similar Home Values

Comparable nearby listings and their asking prices.

AddressPriceBedsBathsSq Ft
8491 LILLY LAKE ROAD, MELROSE, FL$569,000422,144
8449 STATE ROAD 100, Melrose, FL$799,900432,056
101 RAMSEY DRIVE, MELROSE, FL$895,000443,516
2499 SE 30TH STREET, MELROSE, FL$995,000453,058

Moving Cost Estimate

EXIT Agents in MELROSE

Listing Courtesy: HORIZON REALTY OF ALACHUA INC - 386-462-4020

Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright ©2026 MLS GRID. All Rights Reserved.

Last Updated: 2026-04-20

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by Gainesville-Alachua. MLS® Listing#GC539637. © 2026EXIT Realty®. All rights reserved.