
8491 LILLY LAKE ROAD, MELROSE, FL, 32666
Active109 days on marketListed Apr 16, 2026MLS #GC539519
About this home
8491 LILLY LAKE ROAD
Virtually Staged. Tucked along the pristine shores of Lake Lily in Melrose, this exceptional waterfront retreat offers a rare blend of natural beauty, recreation, and versatility. Known for its crystal-clear, spring-fed waters, Lake Lily is one of the area’s most sought-after lakes—large enough to accommodate water skiing, jet skis, and a full range of water sports, yet peaceful enough to enjoy quiet mornings and breathtaking sunsets. The approach to the property is as memorable as the home itself, with a scenic drive winding past picturesque horse farms and open countryside that immediately sets a tone of relaxation and escape. Situated on a quiet road with very little traffic, the setting provides a sense of privacy and calm that is increasingly hard to find. This well-maintained 4-bedroom, 2-bath home is thoughtfully positioned to capture stunning lake views from multiple vantage points. Inside, you’ll find a beautifully updated kitchen designed for both functionality and style, seamlessly flowing into the main living areas. The expansive sunroom is a true highlight, featuring walls of windows that frame panoramic views of the water—perfect for relaxing, entertaining, or simply taking in the serene setting year-round. Step outside and experience the ultimate lakefront lifestyle. Two oversized decks overlook the water, offering ample space for dining, entertaining, or unwinding in the fresh air. A sandy beach provides the perfect spot for swimming or lounging, while your private boat ramp makes it effortless to launch and enjoy a day on the lake. The property is as functional as it is inviting, featuring a 2-car detached garage, a large metal building for storage or hobbies, and a detached guest suite with a half bath—ideal for visitors, extended family, or a private workspace. A separate utility building with shower and laundry adds convenience, especially after long days spent on the water. Beyond the property itself, a true sense of community sets this home apart. Friendly neighbors and cherished traditions create a welcoming atmosphere, including annual fireworks displays over the lake on the 4th of July and New Year’s Eve—an unforgettable experience right from your own backyard. For added convenience and a true turnkey opportunity, all furnishings, pool table, and even the boat and jet ski may be included with an acceptable offer. Whether you’re looking for a full-time residence or a private getaway, this property delivers the best of both worlds—an active waterfront lifestyle paired with the tranquility of a true retreat. Surrounded by natural beauty and set on a premier recreational lake, this is where lasting memories are made.
Facts & features
The home at a glance
4
Bedrooms
2
Bathrooms
2,144
Sqft
0.67 ac
Lot size
2
Garage
1979
Year built
One
Levels
$265
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.
$3,474 /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
$3,474/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
$265 vs $259
Days on market
109 vs 57 typical
Where $265/sqft sits among the 42 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 → $318K
Melrose median sold, yr/yr
91.6%
Sale-to-list ratio (12 mo)
21 of 42
Melrose actives have cut their price
Median sold price, Melrose, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 72% above the MELROSE 32666 median. See the full Melrose market guide →
Paper trail
This home's history
Reality check
What actually sold near 8491 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 · 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
Sold · Nov ’25$505,000
8864 SHORES PLACE
3 bd · 2 ba · 2,231 sqft · $226/sqft · 38 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 8491 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 8491 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
8491 LILLY LAKE ROAD FAQs
What would the monthly payment be for 8491 LILLY LAKE ROAD?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $3,474/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 8491 LILLY LAKE ROAD?+
The most recent tax bill on record (2025) was $358. 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 8491 LILLY LAKE ROAD?+
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 Melrose?+
At $569,000, this home is listed about 43% above the Melrose median of $397,000. The market section on this page shows how the area is trending.
Which schools are assigned to 8491 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.
Keep looking
Similar homes nearby
Listing courtesy of MAISON · Benjamin Burkley. MLS #GC539519.
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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