8386 Austin Road, Melrose, FL 32666 - Photo 1

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$849,500 Just Listed

For Sale
Active
Single Family
5 Beds
3 Full Baths
3,688 Sq. Ft.
Updated 4 days ago

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Property 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.

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Full Property Details

Full Property Details for 8386 Austin Rd

General

Price: $849,500
Taxes: $6,136 (2025)
Status: Active
Type: Single Family
Source: MidFloridaRegionalMLS
MLS ID: GC539637
Updated: 4/22/2026
Added to Site: 5 day(s) ago

Rental Information

Min. Lease: No Minimum

Interior

Number of Rooms: 5
Interior Features: Built-in Features, Ceiling Fan(s), Crown Molding, Open Floorplan, Primary Bedroom Main Floor, PrimaryBedroom Upstairs
Fireplace: Yes
Fireplace(s): Gas
Appliances: Convection Oven, Cooktop, Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Gas Water Heater, Range, Range Hood, Refrigerator, Washer
Furnishings: Unfurnished
Flooring: Carpet, Ceramic Tile, Luxury Vinyl, Tile, Hardwood

Rooms

Bathrooms

Total Bathrooms: 3
Full Bathrooms: 3

Bedrooms

Total Bedrooms: 5

Other Rooms

Laundry: Laundry Room

Exterior

Exterior Features: Garden, Irrigation System, Lighting, Playground, Private Entrance, Private Mailbox, Private Yard, Rain Gutters, Storage
Deck/Patio: Covered, Deck, Front Porch, Patio, Rear Porch, Screened
Porch/Patio/Deck: Covered, Deck, Front Porch, Patio, Rear Porch, Screened

Parking

Parking Features: Converted Garage, Driveway, Open

Location

Area: 32666 - Melrose
County: Clay
Development Name: 32666 - Melrose
Subdivision: NOT IN SUBDIVISION
Driving 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
Direction Faces: East

Community

Community Name: 32666 - Melrose

Heating & Cooling

Cooling Type: Central Air, Mini-Split Unit(s)
Heating Type: Central, Electric, Wall Units / Window Unit

Utilities

Sewer: Septic Tank
Water District: LAKE LILY
Water: Well
Utility Description: Electricity Connected, Propane, Underground Utilities

Structural Information

Architectural Info: Custom
Architectural Style: Custom
Exterior Const.: Concrete
Roof: Shingle
Windows: Insulated Windows
Stories/Levels: Two
Square Feet: 3,688
Sq. Ft. Source: Public Records
Year Built: 1955

Additional Structures

Other Structures: Guest House, Shed(s), Storage, Workshop

Lot Features

Property View: Water
Lot Size (Acres): 1.48
Lot Size (Sq. Ft.): 64,338
Lot Size: 1.477
Lot Dimensions: 87 x 740
Frontage: Street Unpaved
Street/Road Desc.: Unimproved, Limerock
Fencing (Description): Fenced, Wire, Wood

Water Features

Water Front: Yes
Water View: Yes
Water Access: Yes
Water Access Desc: Lake
Water Extras: Yes
Water Front Name: LAKE LILY
Water Front Desc.: Lake Front

Financial Considerations

Tax Amount: $6,136.14
Tax Year: 2025

Disclosures and Reports

Ownership: Fee Simple
Special Conditions: None
Legal Description: PART OF N1/2 OF SE1/4 S5T9R23 AS REC O R 3852 PG 228
Flood Zone Info: X*
APN: 5092300542600000
Property ID: 5092300542600000
Block/Lot/Section: 0/0

Listed by Horizon Realty Of Alachua Inc

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Schools

Schools serving 8386 Austin Rd

School District:Clay County School District

Name	Grades	Distance
Keystone Heights Elementary School 335 Southwest Pecan Street, Keystone Heights, FL 32656	PK-6	3 mi
Keystone Heights Junior/Senior High School 900 Orchid Avenue, Keystone Heights, FL 32656	7-12	3.3 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 8386 Austin Rd Get Price Alerts and Save Property

Date

Details

Price

Change

Source

4/22/2026

Listed

$849,500

117.26%

MLS

4/27/2016

Sold

$391,000

—

Public Record

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 8386 Austin Rd

Year

Property Taxes

Change

Tax Assessment

Change

2025

$5,420

5%

$395,510

2%

2024

$5,164

3%

$385,868

4%

2023

$5,006

-3%

$371,852

9%

2021

$5,138

-2%

$339,985

-5%

2022

$5,237

2%

$359,662

8%

2021

$5,138

6%

$333,429

3%

2019

$4,835

9%

$322,352

3%

2018

$4,432

2%

$313,692

3%

2017

$4,359

122%

$304,895

110%

2016

$1,963

-6%

$145,514

2%

2015

$2,087

—

$143,175

1%

2014

$2,082

1%

$142,094

—

2013

$2,071

—

$141,914

—

View All

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

Estimate the Cost for 8386 Austin Rd

8386 Austin Road, Melrose, FL 32666 (MLS# GC539637) is a Single Family property with 5 bedrooms and 3 full bathrooms. 8386 Austin Road is currently listed for $849,500 and was received on April 22, 2026. Want to learn more about 8386 Austin Road? Do you have questions about finding other Single Family real estate for sale in Melrose? You can browse all Melrose real estate or contact a Coldwell Banker agent to request more information.

8386 Austin Rd Melrose, FL 32666