David Ramirez
$569,0004 bd2 ba2,144 sqft$265 /sqft$3,474 /mo all-in ↓

8491 LILLY LAKE ROAD, MELROSE, FL, 32666

Active109 days on marketListed Apr 16, 2026MLS #GC539519

WaterfrontSingle Family ResidenceLILLY LAKE

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

WaterfrontFireplaceWater viewNegotiablePets allowed

Inside

FlooringCarpet · Tile
AppliancesDishwasher · Dryer · Range · Refrigerator · Washer
InteriorCeiling Fan(s) · Crown Molding
LaundryOutside
CoolingCentral Air
HeatingCentral
FurnishedNegotiable

Outside & construction

RoofMetal
ConstructionVinyl Siding
FoundationCrawlspace · Slab
ViewWater
FacesSouth
ParkingDriveway · Guest · Off Street · Parking Pad
ExteriorPrivate Yard · Storage

Community & fees

Taxes (2025)$358/yr
PetsYes

Utilities & systems

UtilitiesElectricity Connected
WaterWell

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%

Principal & interest$3,070
PMI (est., until 20% equity)$213
Property tax — 2025 actual bill$30
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $56,900Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

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

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type

FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.

Down payment10% · $56,900
Interest rate6.00%
Loan term

Estimated payment

$3,474/mo

Principal & interest$3,070
PMI (est., until 20% equity)$213
Property taxes (actual bill)$30
Est. insurance$160

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

5
11
7
8 · this home
6
5
$132–175$175–217$217–259$259–302$302–344$344+

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

Map of 8491 LILLY LAKE ROAD

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

ElementaryMelrose Elementary School★★★★★
HighInterlachen Junior-Senior High School★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Melrose market

Seller’s marketLeans buyer11.5 months of inventoryBuyer’s 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

Apr 16, 2026Listed at $569,000 · 109 days on market since
1979Built · LILLY LAKE

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.

6505 LITTLE LILLY LAKE ROADSold · Aug ’25

$490,000

6505 LITTLE LILLY LAKE ROAD

4 bd · 2 ba · 2,100 sqft · $233/sqft · 124 DOM

6720 MOUNT VERNON DRIVESold · Feb ’26

$525,000

6720 MOUNT VERNON DRIVE

3 bd · 2 ba · 2,062 sqft · $255/sqft · 7 DOM

8864 SHORES PLACESold · 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.

David Ramirez

Your agent

David Ramirez

Real Estate Agent · CENTURY 21 Edge

Tours, negotiation, and every question about 8491 LILLY LAKE ROAD — start here.

Andrew Acosta

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.

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.

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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