299 RILEY LAKE DRIVE, HAWTHORNE, FL, 32640
Active126 days on marketListed Apr 2, 2026MLS #GC538917
About this home
299 RILEY LAKE DRIVE
Virtually Staged. Welcome home to your architecturally distinct lakefront retreat on Riley Lake. Escape to your own peaceful, secluded setting where everyday living feels like a getaway. This custom 2BR/2.5BA home sits on ¾ of an acre of private, lush grounds with mature landscaping including orange, lime, Meyer lemon, and grapefruit trees, along with Japanese maple, azaleas, butterfly bushes, and a striking bottlebrush tree. Designed in two thoughtfully connected phases, the home is joined by a bright sunroom ideal as additional living space, reading lounge, or future hot tub area. Soaring ceilings and abundant natural light fill the great room, highlighted by a central cupola with clerestory windows, where a gas fireplace and custom built-ins anchor the open layout flowing seamlessly into the kitchen and dining area with stunning lake views. Numerous French doors lead to a screened porch and spacious composite deck, creating effortless indoor-outdoor living and entertaining. Both bedrooms are oversized, including a flexible guest room/office with a Murphy bed, while the primary suite offers beautiful lake views, a walk-in closet, built-ins, fireplace, and private outdoor shower. The remodeled kitchen features granite countertops, wood cabinetry, and excellent flow for gatherings. A new well pump, two tankless water heaters (approx. 2 years old), two HVAC systems, whole-home generator, and durable metal roof add to the home’s appeal. Outdoor amenities include a fully equipped summer kitchen (grill, fridge, sink), half bath, two oversized storage buildings, water treatment system, and fenced dog run. Enjoy ~120 feet of private waterfront with your own dock on spring-fed Riley Lake—one of two multi-purpose lakes (with neighboring Star Lake) ideal for swimming, boating, and fishing—with optional Star Lake access for just $50/year. Perfect as a full-time residence or weekend lake house retreat, this rare waterfront property offers privacy, flexibility, and the kind of serene Florida lakefront living that’s hard to find, all just minutes from Gainesville and Ocala.
Facts & features
The home at a glance
2
Bedrooms
2.5
Bathrooms
1,987
Sqft
0.77 ac
Lot size
1994
Year built
One
Levels
$209
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 and the real association fee — not generic estimates.
$3,277 /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
$3,277/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 Hawthorne actives
$209 vs $179
Days on market
126 vs 61 typical
Where $209/sqft sits among the 57 Hawthorne 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 Hawthorne
Get to know Hawthorne. See the full Hawthorne guide →
HAWTHORNE 32640 — neighborhood snapshot
Population
10,780
Median age
46.2
Median income
$58,727
Median home value
$153,600
Avg household
2.51
Households w/ children
1,120
For the school run
Putnam County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Hawthorne market
$220K → $275K
Hawthorne median sold, yr/yr
94.9%
Sale-to-list ratio (12 mo)
30 of 57
Hawthorne actives have cut their price
Median sold price, Hawthorne, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 388% above the HAWTHORNE 32640 median. See the full Hawthorne market guide →
Paper trail
This home's history
Reality check
What actually sold near 299 RILEY LAKE DRIVE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jul ’26$186,000
161 RILEY LAKE DRIVE · same community
2 bd · 2 ba · 1,952 sqft · $95/sqft · 70 DOM
Sold · Sep ’25$425,000
303 RILEY LAKE DRIVE · same community
3 bd · 3 ba · 2,260 sqft · $188/sqft · 5 DOM
Sold · Feb ’26$285,000
347 STAR LAKE DRIVE · same community
3 bd · 2 ba · 1,512 sqft · $188/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 299 RILEY LAKE DRIVE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 299 RILEY LAKE DRIVE — 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
299 RILEY LAKE DRIVE FAQs
What would the monthly payment be for 299 RILEY LAKE DRIVE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,277/mo — principal and interest, the actual property-tax bill, the $4/mo association fee 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.
How much are the HOA fees at 299 RILEY LAKE DRIVE?+
The association fee works out to $4 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 299 RILEY LAKE DRIVE?+
The most recent tax bill on record (2025) was $5,841. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 299 RILEY LAKE DRIVE?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Hawthorne?+
At $415,000, this home is listed about 57% above the Hawthorne median of $264,999. The market section on this page shows how the area is trending.
Which schools are assigned to 299 RILEY LAKE DRIVE?+
Ochwilla 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
$415,000 runs 388% above the HAWTHORNE 32640 median — but at 1,987 sqft it's also 36% larger than the typical Hawthorne 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
126 days on market against a Hawthorne median of 61 — sellers in this position are usually ready to negotiate.
04The price has already moved
Listed at $425,000, now $415,000 — a $10K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of MATCHMAKER REALTY OF ALACHUA COUNTY · Adam Gurske, PA. MLS #GC538917.
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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