Listing provided courtesy of HORIZON REALTY OF ALACHUA INCas Distributed by MLSGrid- MLS# MFRGC539637MLS Provider

8386 AUSTIN ROADMELROSE, FL 32666

Single Family · 5 Beds · 3 Full Baths · 3,688 Sq. ft. | 1.48 Acres
$785,000 Active

8386 AUSTIN ROAD Overview

Time on Site:
69 days
Visits:
0

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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8386 AUSTIN ROAD Facts & Features

  • Type Single Family
  • Sq. ft. 3,688
  • Price/Sq.ft. $213
  • Lot 1.48 Acres

Details

General

Association/HOA

  • Association: No

Building Information

  • New Construction: No
  • Year Built: 1955

Location/Region

  • Country: US
  • County Or Parish: Clay
  • MLS Area Major: 32666 - Melrose
  • Subdivision Name: NOT IN SUBDIVISION
  • Township: 09

Tax Information

  • Tax Annual Amount: 6136.14
  • Tax Year: 2025

General Information

  • Furnished: Unfurnished
  • Listing Terms: Cash,Conventional,FHA,VA Loan
  • Ownership: Fee Simple
  • Parcel Number: 05-09-23-005426-000-00
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community: No
  • Special Listing Conditions: None
  • Zoning: SFR

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Bathrooms Total: 3
  • Bedrooms Total: 5

Building Interior

  • Building Area Source: Public Records
  • Building Area Total: 3304
  • Building Area Units: Square Feet

General Information

  • Appliances: Convection Oven,Cooktop,Dishwasher,Dryer,Electric Water Heater,Exhaust Fan,Gas Water Heater,Range,Range Hood,Refrigerator,Washer
  • Cooling: Central Air,Mini-Split Unit(s)
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Carpet,Ceramic Tile,Luxury Vinyl,Tile,Wood
  • Foundation Details: Crawlspace
  • Heating: Central,Electric,Ductless
  • Interior Features: Built-in Features,Ceiling Fans(s),Crown Molding,Open Floorplan,Primary Bedroom Main Floor,PrimaryBedroom Upstairs
  • Laundry Features: Laundry Room
  • Levels: Two
  • Living Area: 3688
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Other Equipment: Irrigation Equipment,Playground,Private Entrance,Private Yard
  • Stories Total: 1
  • Window Features: Insulated Windows

Exterior

Parking Information

  • Parking Features: Converted Garage,Driveway,Open

Lot Information

  • Additional Parcels: No
  • Lot Features: In County,Landscaped,Oversized Lot,Private,Unpaved
  • Lot Size Acres: 1.48
  • Lot Size Dimensions: 87x740
  • Lot Size Square Feet: 64338
  • Road Responsibility: Public Maintained Road
  • Road Surface Type: Limerock
  • Vegetation: Fruit Trees,Mature Landscaping,Trees/Landscaped
  • Water Source: Well

Waterfront/View

  • View: Water
  • Water Body Name: LAKE LILY
  • Waterfront Features: Lake Front
  • Waterfront: Yes

Building Exterior/Construction

  • Architectural Style: Custom
  • Construction Materials: Concrete
  • Direction Faces: East
  • Patio And Porch Features: Covered,Deck,Front Porch,Patio,Rear Porch,Screened
  • Roof: Shingle

General Information

  • Carport: No
  • Exterior Features: Garden,Lighting,Playground,Private Entrance,Private Mailbox,Private Yard,Rain Gutters,Storage
  • Fencing: Fenced,Wire,Wood
  • Other Structures: Guest House,Shed(s),Storage,Workshop
  • Pool Private: No
  • Sewer: Septic Tank
  • Utilities: Electricity Connected,Propane,Underground Utilities

Room Information

Room: Dining Room

  • Level: First

Room: Kitchen

  • Level: First
  • Features: Bar,Breakfast Bar,Built-In Shelving,Closet Pantry,Cooking Island,Exhaust Fan,Kitchen Island,Pantry,Tall Countertops,Walk-In Pantry

Room: Living Room

  • Level: First
  • Features: Built-In Shelving,Ceiling Fan(s)

Room: Primary Bathroom

  • Level: First
  • Features: Exhaust Fan,Handicapped Accessible,Shower No Tub,Single Vanity,Stone Counters,Window/Skylight in Bath

Room: Primary Bedroom

  • Level: First
  • Features: Ceiling Fan(s),En Suite Bathroom

8386 AUSTIN ROAD Neighborhood

Community

32666 (MELROSE) Demographics

58
Median Age
111
Population Density (per sq. mile)
35%
College Educated
$56,544
Estimated Median Income
2,379
Estimated Total Home Owners
358
Estimated Total Renters
87% / 13%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

8386 AUSTIN ROAD Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

8386 AUSTIN ROAD Market Data

Based on the last 30 days in this zip code

$465,975
Average List Price
$244
Average Price per Square Foot
12
Properties Sold
120
Average Days on Market
90
Properties for Sale
Calculations provided by Reliance Network

8386 AUSTIN ROAD History

Date Event Value Agent
6/23/2026Source: My Florida Regional MLS Price Reduction
$785,000 -7.6%
4/22/2026Source: My Florida Regional MLS Added to Database
April 22, 2026
10/14/2022Source: My Florida Regional MLS Added to Database
October 14, 2022