8386 AUSTIN ROAD, Melrose, FL 32666
Property image
Property image
FOR SALE
3D VIEW
1.48 ACRES

$785,000

Original price: $849,500
  • 5 Beds
  • 3 Baths
  • 3,688 sqft (on 1.48 acres)

8386 AUSTIN ROAD, Melrose, FL 32666

Est. Mortgage $5,623/mo*
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Home Highlights

Single-Family Home
Built in 1955
1.48 acre lot
$213/sqft
Garage

Local Information

  • Map ViewExplore the area around 8386 AUSTIN ROAD.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

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.
Last check for updates: about 6 hours ago
Listing Provided by: Joan Sroka, (352) 514-1258
HORIZON REALTY OF ALACHUA INC, (386) 462-4020
Amber Aguirre, (352) 213-1864
HORIZON REALTY OF ALACHUA INC, (386) 462-4020
Originating MLS: Gainesville-Alachua
Source: Stellar MLS, MLS#GC539637
Also Listed on Stellar MLS.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website.
Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511

Home Details for 8386 AUSTIN ROAD

Interior Features

Interior Details
Number of Rooms: 5Types of Rooms: Primary Bedroom, Primary Bathroom, Dining Room, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 5Number of Bathrooms: 3Number of Bathrooms (full): 3
Dimensions and Layout
Living Area: 3688 Square Feet
Appliances & Utilities
Utilities: Electricity Connected, Propane, Underground UtilitiesAppliances: Convection Oven, Cooktop, Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Gas Water Heater, Range, Range Hood, Refrigerator, WasherDishwasherDryerLaundry: Laundry RoomRefrigeratorWasher
Heating & Cooling
Heating: Central,Electric,Wall Units / Window UnitHas CoolingAir Conditioning: Central Air,DuctlessHas HeatingHeating Fuel: Central
Fireplace & Spa
Fireplace: GasHas a Fireplace
Gas & Electric
Has Electric on Property
Windows, Doors, Floors & Walls
Flooring: Carpet, Ceramic Tile, Luxury Vinyl, Tile, Hardwood
Levels, Entrance, & Accessibility
Stories: 2Number of Stories: 1Levels: TwoFloors: Carpet, Ceramic Tile, Luxury Vinyl, Tile, Hardwood
View
Has a ViewView: Water, Lake

Exterior Features

Exterior Home Features
Roof: ShinglePatio / Porch: Covered, Deck, Front Porch, Patio, Rear Porch, ScreenedFencing: Fenced, Wire, WoodVegetation: Fruit Trees, Mature Landscaping, Trees/LandscapedOther Structures: Guest House, Shed(s), Storage, WorkshopExterior: Garden, Irrigation System, Lighting, Playground, Private Entrance, Private Mailbox, Private Yard, Rain Gutters, StorageFoundation: CrawlspaceGardenNo Private Pool
Parking & Garage
No CarportNo GarageHas Open ParkingParking: Converted Garage,Driveway,Open
Frontage
WaterfrontWaterfront: Lake Front, Lake Privileges, Skiing AllowedResponsible for Road Maintenance: Public Maintained RoadRoad Surface Type: Unimproved, LimerockOn Waterfront
Water & Sewer
Sewer: Septic TankWater Body: LAKE LILY

Days on Market

Cumulative Days on Market: 93Days on Market: 146

Property Information

Year Built
Year Built: 1955
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Custom
Building
Construction Materials: ConcreteNot a New ConstructionNo Additional ParcelsDoes Not Include Home Warranty
Property Information
Parcel Number: 05092300542600000

Price & Status

Price
List Price: $785,000Price Per Sqft: $213
Status Change & Dates
Possession Timing: Close Of Escrow

Active Status

MLS Status: Active

Media

Location

Direction & Address
City: MELROSECommunity: NOT IN SUBDIVISION

Agent Information

Listing Agent
Listing ID: GC539637

Building

Building Area
Building Area: 3304 Square Feet

Community

Not Senior Community

HOA

Association for this Listing: Gainesville-AlachuaNo HOAHOA Fee: No HOA Fee

Lot Information

Lot Area: 1.477 Acres

Listing Info

Special Conditions: None

Offer

Listing Terms: Cash, Conventional, FHA, VA Loan

Business

Business Information
Ownership: Fee Simple

Miscellaneous

Mls Number: GC539637Water ViewWater View: Water, LakeShowing Considerations: Remote/Limited Visibility from Road, Security System, See RemarksShowing Requirements: Appointment Only, Lockbox - Coded, ShowingTimeUniversal Property Id: US-12019-N-05092300542600000-R-N

Around this home

What Locals Say about Melrose

At least 22 Trulia users voted on each feature.

  • 100 % Say yards are well-kept

  • 93 % Say parking is easy

  • 92 % Say car is needed

  • 88 % Say there's holiday spirit

  • 81 % Say it's quiet

  • 78 % Say there's wildlife

  • 71 % Say people would walk alone at night

  • 69 % Say it's dog friendly

  • 67 % Say they plan to stay for at least 5 years

  • 57 % Say neighbors are friendly

  • 55 % Say kids play outside

  • 42 % Say streets are well-lit

  • 40 % Say it's walkable to restaurants

  • 36 % Say it's walkable to grocery stores

  • 31 % Say there are community events

  • 25 % Say there are sidewalks

Sourced by Trulia users. Learn more about our methodology.
  • Daisee712
    "It’s beautiful and the parks are clean and good for kids it’s a nice place to visit hope everyone feels the same "
    1
    Flag
  • Yolanda C. R.
    "Los of places to walk, but not all did owners are responsible and not all keep their dogs leashed. you have to watch for dogs on the loose"
    0
    Flag
  • Yolanda C. R.
    "people walk their dogs regularly but there are also people who do not leash their dogs and you have to be careful of there are large dogs running loose"
    0
    Flag
  • Yolanda C. R.
    "I work on the west side of Gainesville and it's about 45 minute commute in traffic when school is in session"
    0
    Flag
  • Brandie M.
    "Artwalk is hosted by several galleries and local businesses. Chiappinis has live music on the weekends. We have an excellent Elementary school. our local library hosts events for everything from babies through all ages and stages of life. We have a local youth sports organization. "
    0
    Flag
  • Sean.a.deffendall
    " Great neighborhood. Perfect for families. Easy access to lakes. Quick drive to Gainesville and Palatka."
    5
    Flag
  • Robert S.
    "The town of Melrose is unique and charming. The residential areas are quiet and the people are friendly. It’s a little secluded but the right distance from civilization. "
    0
    Flag
  • Susan
    "Wonderful area, small community. Easy drive to lots of towns. Work in city, live in country."
    0
    Flag

Market trends in Melrose

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
55
2MoM

Home Value

Trulia Estimate
$741K
Since last month
Increased$5K (+0.7%)
Since last year
Decreased$96K (-11.4%)
Since last sale
Increased$350K (+89.5%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +87% in the last 10 years
MonthEstimated value
2026
September 2026$741K
August 2026$732K
July 2026$736K
June 2026$741K
May 2026$804K
April 2026$825K
March 2026$810K
February 2026$813K
January 2026$788K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
8453 NITTANY Drive, Melrose, FL
0.42
Single-Family Home
$385,000
04/20/26
3
3
1,654
8485 LILY LAKE Road, Melrose, FL
0.43
Single-Family Home
$785,000
09/30/25
4
3
3,120
6620 VIRGINIA BEACH LANE, Keystone Heights, FL
0.57
Single-Family Home
$395,000
11/25/25
2
2.5
1,500
6192 COUNTY RD 219, Keystone Heights, FL
0.50
Single-Family Home
$615,000
12/12/25
4
3
2,418
112 SERENITY Drive, Melrose, FL
0.69
Single-Family Home
$320,000
11/03/25
3
2
1,675
6306 Baker Rd, Keystone Heights, FL
1.20
Single-Family Home
$339,500
05/08/26
4
2
1,906
6249 BLUE MARLIN Drive, Keystone Heights, FL
1.23
Single-Family Home
$410,000
12/03/25
4
3
2,272
8093 BREEZY POINT Road E, Melrose, FL
1.25
Single-Family Home
$260,000
04/08/26
3
3
1,892

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
8203 LAKE ECHO RIDGE Drive, Melrose, FL 32666
0.26
$351,200
3
2
1,680
Off Market
8337 SINGLETON Place, Keystone Heights, FL 32656
0.35
$224,999
3
2
1,440
For Sale
8469 LILLY LAKE Road, Melrose, FL 32666
0.38
$785,500
4
3
3,172
Off Market
8443 Lily Lake Rd, Melrose, FL 32666
0.41
$495,000
3
2
1,824
For Sale
8449 LILLY LAKE ROAD, Melrose, FL 32666
0.42
$700,000
3
2
2,196
For Sale
8449 LILY LAKE Road, Melrose, FL 32666
0.42
$700,000
3
2
2,196
For Sale
6505 LITTLE LILLY LAKE Road, Keystone Heights, FL 32656
0.44
$493,600
4
2
2,100
Off Market
8443 LILLY LAKE ROAD, Melrose, FL 32666
0.43
$495,000
3
2
1,824
For Sale
8485 LILY LAKE Road, Melrose, FL 32666
0.43
$792,400
4
3
3,120
Off Market
6639 COUNTY ROAD 214, Keystone Heights, FL 32656
0.43
$155,000
3
2
1,196
Recently Sold
00 CR 214 & STARFLOWER LANE LOT 11, Keystone Heights, FL 32656
0.46
-
-
-
-
Off Market

Price and Tax history

DateEventPrice
Jun 23, 2026
Source: Stellar MLS #GC539637
PriceChange
$785,000
Price decreased by 8%
Apr 22, 2026
Source: Stellar MLS #GC539637
Listed For Sale
$849,500
Apr 27, 2016
Source: realMLS #811440
Sold
$391,000
Mar 25, 2016
Source: Agent Provided
Pending
$399,000
Nov 26, 2015
Source: Agent Provided
PriceChange
$399,000
Price decreased by 8%

LGBTQ Local Legal Protections

Joan Sroka, HORIZON REALTY OF ALACHUA INC, (386) 462-4020
Agent Phone: (352) 514-1258

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Frequently asked questions about 8386 AUSTIN ROAD

  • What is the estimated monthly payment for 8386 AUSTIN ROAD?
    Based on a $785,000 list price with 20% down at today's rates, the estimated monthly payment for 8386 AUSTIN ROAD in Melrose, FL is approximately $5,689 (about $4,253 principal & interest, $1,361 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • What do residents say about Melrose?
    Residents describe Melrose, FL as well-kept, easy to park in, and quiet. Most residents say you need a car. See homes for sale in Melrose, FL.
  • What are the closest schools to 8386 AUSTIN ROAD?
    The closest schools to 8386 AUSTIN ROAD in Melrose, FL are Keystone Heights Elementary School (Pre-K, rated 5/10), Keystone Heights Junior/Senior High School (Middle, rated 4/10).
  • What is 8386 AUSTIN ROAD estimated to be worth?
    Trulia's estimated value for 8386 AUSTIN ROAD in Melrose, FL is $741,100.
  • Does 8386 AUSTIN ROAD have air conditioning?
    Yes, 8386 AUSTIN ROAD in Melrose, FL has air conditioning.
  • Does 8386 AUSTIN ROAD have laundry facilities?
    Yes, 8386 AUSTIN ROAD in Melrose, FL has in-unit laundry.
8386 AUSTIN ROAD, Melrose, FL 32666 is a 5 bedroom, 3 bathroom, 3,688 sqft single-family home built in 1955. This property is currently available for sale and was listed by Stellar MLS on Apr 22, 2026. The MLS # for this home is MLS# GC539637.