8449 LILLY LAKE ROAD, MELROSE, FL, 32666
Active147 days on marketListed Mar 5, 2026MLS #GC538032
About this home
8449 LILLY LAKE ROAD
Come home to Florida lakefront living at its best! Welcome to the cool clear waters of Lake Lilly and this nearly new well built three bedroom and two bathroom home with stunning views. Wood lined cathedral ceilings greet you as you enter the light filled great room from the front porch with unobstructed views through the open concept dining, kitchen, and living area to the sprawling back porch and out to the covered dock. The kitchen is an entertainer's dream with a massive island, granite counters, stainless appliances, and a gas cooktop. A luxurious primary suite offers lake views, covered porch access, two walk-in closets, and a spa like bathroom with oversized shower and a walk-in soaking tub. The split floorplan includes two additional large bedrooms and a spacious bathroom. Boating is a breeze with the private ramp and covered storage complete with full 30 amp RV hookups. No detail was overlooked and no expense spared when building this lakefront retreat from the world. A solar panel system contributes to energy efficiency, and everything runs as usual during prolonged power outages thanks to the whole house generator with a 1,000 gallon in-ground propane tank. The air conditioned garage includes workshop space with stainless sinks and plenty of room to store more than cars. A carport and two sheds provide covered parking and storage near the house, and there's another by the dock for easy access to all those water toys and floats. Lake Lily is a private spring fed lake in the heart of north central Florida's lake region with easy access to Gainesville, Jacksonville, and Ocala. Nearby Melrose and Keystone offer many great dining and shopping options. Call today to see this amazing property for yourself!
Facts & features
The home at a glance
3
Bedrooms
2
Bathrooms
2,196
Sqft
0.8 ac
Lot size
2
Garage
2021
Year built
One
Levels
$364
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.
$5,227 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
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
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$5,227/mo
Includes estimated PMI — it drops off once you reach 20% equity. 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
$364 vs $255
Days on market
147 vs 57 typical
Where $364/sqft sits among the 41 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)
19 of 41
Melrose actives have cut their price
Median sold price, Melrose, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 142% above the MELROSE 32666 median. See the full Melrose market guide →
Paper trail
This home's history
Reality check
What actually sold near 8449 LILLY 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 · Nov ’25$505,000
8864 SHORES PLACE
3 bd · 2 ba · 2,231 sqft · $226/sqft · 38 DOM
Sold · Aug ’25$490,000
6505 LITTLE LILLY LAKE ROAD
4 bd · 2 ba · 2,100 sqft · $233/sqft · 124 DOM
Sold · Feb ’26$525,000
6720 MOUNT VERNON DRIVE
3 bd · 2 ba · 2,062 sqft · $255/sqft · 7 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 8449 LILLY LAKE ROAD — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 8449 LILLY 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
8449 LILLY LAKE ROAD FAQs
What would the monthly payment be for 8449 LILLY LAKE ROAD?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $5,227/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 8449 LILLY LAKE ROAD?+
The most recent tax bill on record (2025) was $5,472. 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 $799,000, this home is listed about 101% above the Melrose median of $397,000. The market section on this page shows how the area is trending.
Which schools are assigned to 8449 LILLY 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
$799,000 runs 142% above the MELROSE 32666 median — but at 2,196 sqft it's also 32% larger than the typical Melrose listing.
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
147 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 $899,000, now $799,000 — a $100K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of MATCHMAKER REALTY OF ALACHUA COUNTY · Tate Mikell. MLS #GC538032.
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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