114 MANDARIN LAKE ROAD, MELROSE, FL, 32666
Active146 days on marketListed Mar 1, 2026MLS #GC537835
About this home
114 MANDARIN LAKE ROAD
Welcome to this spacious 3-bedroom, 2-bath lakeview home on Mandarin Lake in the heart of Melrose. Tucked among mature trees in a peaceful rural setting, this property offers the perfect blend of privacy and comfort. Inside, you'll find bright, airy living spaces including formal living and dining rooms, a cozy fireplace, and a sunroom filled with natural light and stunning water views. The primary suite features a private bath, while a bonus room with plumbing and A/C provides flexibility for an office, hobby space, or workshop. Enjoy a 2-car garage and ample outdoor space for all your hobbies and entertaining. If you're looking for tranquil lake living without sacrificing convenience, this is it.
Facts & features
The home at a glance
3
Bedrooms
2
Bathrooms
1,783
Sqft
2.56 ac
Lot size
2
Garage
1992
Year built
One
Levels
$201
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$2,726 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$2,726/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Melrose actives
$201 vs $255
Days on market
146 vs 57 typical
Where $201/sqft sits among the 44 Melrose actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Melrose
Get to know Melrose. See the full Melrose guide →
MELROSE 32666 — neighborhood snapshot
Population
5,542
Median age
62.1
Median income
$66,540
Median home value
$206,000
Avg household
2.17
Households w/ children
268
For the school run
Putnam County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Melrose market
$333K → $180K
Melrose median sold, yr/yr
91.9%
Sale-to-list ratio (12 mo)
23 of 44
Melrose actives have cut their price
Median sold price, Melrose, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 14% above the MELROSE 32666 median. See the full Melrose market guide →
Paper trail
This home's history
Reality check
What actually sold near 114 MANDARIN LAKE ROAD
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Aug ’25$450,000
163 SWISHER LAKES TRAIL
3 bd · 2 ba · 2,031 sqft · $222/sqft · 52 DOM
Sold · Jun ’26$475,000
103 DEEP LAKE TRAIL
3 bd · 2 ba · 2,072 sqft · $229/sqft · 2 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 114 MANDARIN LAKE ROAD — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 114 MANDARIN LAKE ROAD — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
114 MANDARIN LAKE ROAD FAQs
What would the monthly payment be for 114 MANDARIN LAKE ROAD?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,726/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 114 MANDARIN LAKE ROAD?+
The most recent tax bill on record (2025) was $3,524. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Melrose?+
At $359,000, this home is listed about 10% below the Melrose median of $397,000. The market section on this page shows how the area is trending.
Which schools are assigned to 114 MANDARIN LAKE ROAD?+
Melrose Elementary School (elementary), Interlachen Junior-Senior High School (high) — Putnam County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Positioned at the premium end
$359,000 runs 14% above the MELROSE 32666 median.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Time on market is leverage
146 days on market against a Melrose median of 57 — sellers in this position are usually ready to negotiate.
04The price has already moved
Listed at $369,000, now $359,000 — a $10K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of TREVOR WATERS REALTY INC · Branden Waters. MLS #GC537835.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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