8449 LILY LAKE Road, Melrose, FL, 32666 | $850,000

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. 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!

Features

  • Bedrooms: 3
  • Baths: 2 full
  • Style: Traditional
  • Year Built: 2021
  • Garage: 2-car
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 2,196
  • Acreage: 1.09
  • Est. Taxes: $5,472
  • View: Lake
  • Water Front: Yes
  • Appliances: Dishwasher, Electric Oven, Gas Range, Microwave, Refrigerator
  • MLS#: 2136642
  • Days on Market: 60 days
  • Website: https://www.raveis.com
    /prop/2136642/8449lilylakeroad_melrose_fl?source=qrflyer
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Listing courtesy of MATCHMAKER REALTY OF ALACHUA COUNTY INC

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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8449 LILY LAKE Road, Melrose, FL, 32666

$850,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $680,000 $680,000 $680,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.000% 6.250% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.362% 6.385% 6.223%
Monthly Tax Payment $456 $456 $456
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,077 $4,187 $5,738
Total Monthly Payment $4,625 $4,735 $6,286

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.