Sold
Last Sold Price
2 beds744 sqft$370/sqft
8477 Lilly Lake Rd, Melrose, FL 32666
Single FamilyProperty Type
0.7 acresLot Size
1955Year Built
$370/sq ftPrice per sq ft

Description

Have you been dreaming about Lake Living? This beautiful cottage on Lilly Lake offers a perfect retreat! Investors, this home enjoys a robust short-term rental history...make your property work for you if you are unable to be there full time to enjoy it! This property offers fantastic views of this hidden gem; Lilly Lake is one of the clearest, spring-fed freshwater recreational lakes in north central Florida. Boasting 85 feet of sandy beach, the lakefront allows access for all of your recreational...Have you been dreaming about Lake Living? This beautiful cottage on Lilly Lake offers a perfect retreat! Investors, this home enjoys a robust short-term rental history...make your property work for you if you are unable to be there full time to enjoy it! This property offers fantastic views of this hidden gem; Lilly Lake is one of the clearest, spring-fed freshwater recreational lakes in north central Florida. Boasting 85 feet of sandy beach, the lakefront allows access for all of your recreational activities. The UF ski team practices on occasion here! The lake is wonderful for fishing, boating, kayaking, swimming, or just enjoying the abundant natural surroundings. Quiet location so you can truly enjoy the peace, yet minutes to Melrose and Keystone Heights, 45 minutes to Gainesville, 90 minutes to Jacksonville. Call for details or to schedule a viewing! Please note that dock adjacent is portable - does not convey with this property
  • Listed by: Lynn Hughes 412.559.7335 Lynn@lynnhughesrealtor.com Brokerage DRE #1034706 • RE/MAX PROFESSIONALS
Listing closed: 08/29/2023 12:00 AM • Source: MFRMLS, MLS#: GC514366

Recent comparable sales

Median sold price

$215,000

Avg days on market

47

Sale-to-list ratio

92.0%

Melrose, FL

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Location

Listing Courtesy of RE/MAX PROFESSIONALS

Sold By RE/MAX PROFESSIONALS

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Virtual Tour

Payment Calculator

$1,546 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,398

Property Taxes

$149

HOA Dues

$0

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Property Information for 8477 Lilly Lake Road

Property Details
  • Taxes: $1,784 / year
  • MLS Type: Residential / Single Family Residence
  • County: Clay County
  • Architectural Style: Cottage
  • Subdivision Name: LILLY LAKE
  • Township: 09
  • View: Water
  • Waterfront: No
  • Water View: Lake
Building Information
  • Year Built: 1955
  • Lot Size: 0.70 AC / 30,492 SF
Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 744.0
  • Building Area Units: Square Feet
  • Direction Faces: East
  • Directions: From Gainesville to Melrose on 26, turn left on SE SR-21 (main light) and veer right to Melrose Road. Turn right on Lily Lake Rd, follow road as it curves. Home on left, watch for sign.
  • Elementary School: Keystone Heights Elementary-CL
  • Middle Or Junior School: Keystone Heights Junior/Senior High-CL
  • High School: Keystone Heights Junior/Senior High-CL
  • Mls Major Change Type: Sold
  • Major Change Type: Closed
  • Listing Service: Full Service
  • Road Frontage Type: Street Unpaved
  • Senior Community: No
  • Unit Number: No
  • Street Number: 8477
  • Street Name: Lilly Lake
  • Street Suffix: ROAD
  • State: FL
  • City: MELROSE
Parking
  • Carport: No
  • Garage: No
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Tax Block: 882
  • Tax Book Number: 4706
  • Tax Legal Description: LOT 5 LILLY LAKE AS REC O R 3993 PG 2101 & 4706 PG 882
  • Tax Lot: 5
  • Tax Year: 2022
Property
Lot Information
  • Additional Parcels: No
  • Lot Features: Sloped
  • Parcel Number: 05092300536700000
  • Total Acreage: 1/2 to less than 1
  • Water Access: Lake
  • Water Access: Yes
  • Water Extras: Skiing Allowed
  • Water Extras: Yes
  • Water: Skiing Allowed
  • Zoning: RES
  • Living Area: 744
Property and Assessments
  • Year Built Numeric: 1955
  • Flood Zone Code: X
  • Homestead: No
  • New Construction: No
  • Property Condition: Completed
  • Public Survey Range: 23
  • Public Survey Section: 05
Utilities
  • Sewer: Septic Tank
  • Utilities: Electricity Connected
  • Water Source: Well
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding, Wood Frame
  • Exterior Features: Storage
  • Foundation Details: Crawlspace
  • Levels: One
  • Patio And Porch Features: Deck
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Metal
  • Vegetation: Oak Trees
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 2
  • Bathrooms Full: 1
  • Appliances: Cooktop, Dryer, Microwave, Refrigerator, Washer
  • Cooling: Central Air
  • Fireplace: No
  • Flooring: Vinyl
  • Heating: Other
  • Interior Features: Ceiling Fan(s), Primary Bedroom Main Floor
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Room Count: 4.0
  • Water View: Yes
  • Bathrooms Half: 0

Property History for 8477 Lilly Lake Road

DateEvent & SourcePriceAppreciation
Aug 29, 2023

Sold (Public Record)

Public Record #1518525408

$275,000
Aug 29, 2023

Sold (Public Record)

Public Record #1518525408

$275,000

+11.7% / yr

Aug 29, 2023

Sold

MFRMLS #GC514366

$275,000
DateEvent & SourcePrice
08/29/2023

Sold (Public Record)

Public Record #1518525408

$275,000
08/29/2023

Sold (Public Record)

Public Record #1518525408

$275,000

+11.7% / yr

08/29/2023

Sold

MFRMLS #GC514366

$275,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 8477 Lilly Lake Road

Taxable ValueLand$82,892Additions$91,398Total$174,290
Tax Record2025$2,658 ($222 / month)
Home Facts
Beds1Total Finished SqFt744 SqFtAbove Grade Finished SqFt744 SqFtStories1Lot Size30,317 SqFtStyleSingle Family ResidenceYear Built1955CountyCLAYAPN05-09-23-005367-000-00

Schools near 8477 Lilly Lake Road

This home is within Clay.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 12
Public - 9 to 12
Public - PK to 6
Rating
School
Distance
Keystone Heights Elementary School
PublicPK to 6

Keystone Heights Junior/Senior High School
Public7 to 12

Florida Youth Challenge Academy
Public9 to 12

Spring Park Elementary School
PublicPK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 8477 Lilly Lake Road, Melrose, FL 32666
$275,000
2
744
30,492
$158,900
3
1,980
$673,000
3
2
3,252
31,276
3
2
1,120
26,179
$74,000
1
404
30,492
1
1
221
26,005

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of RE/MAX PROFESSIONALS

Based on information from one of the following Multiple Listing Services: Pensacola Association of REALTORS®, Amelia Island Nassau County Association of REALTORS and NEFMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Pensacola Association of REALTORS®, Amelia Island Nassau County Association of REALTORS and NEFMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.