$390,000

135 ASHLEY LAKE DRIVE, Melrose, FL 32666

3 beds |
3 baths |
2,220 sqft

Single-Family Home
Built in 1990
1.17acre lot
1 car garage
$176/sqft
Listed 4 months ago

Property Description

Lakefront living with built-in income potential! This well-maintained home sits on a landscaped 1.19-acre high and dry lot in a quiet neighborhood just minutes from downtown historic Melrose. 3 bedrooms, 3 full bathrooms (main residence is 2 bed / 2 bath), an open flow, tons of storage, and a fully screened patio w/ hot tub. Additionally, there is a 900-sqft semi-finished basement with drywall, electrical, and plumbing. Use it for massive storage, finished into a private office space, etc. Separate storage area for lawn mowers and yard tools plus a 1-car garage and ample additional driveway parking. A full efficiency apartment with kitchen and full bathroom is currently rented for almost $1,000/MO on a short-term lease. Perfect for passive income, the perfect in-law suite, or a guesthouse. All of this in a prime location less than 30 minutes to Gainesville and just 5 minutes up the road to the almost 6,000-acre Lake Sante Fe public boat launch! Welcome Home!

Listing Status:: Active
Date Added:: January 15, 2026
Data Last Updated:: June 14, 2026 at 2:23AM
Listing Office:: EPIQUE REALTY, INC. : 888-893-3537
Listing Agent:: Walter Key : 757-635-3645
MLS ID:: A4678375

General: Open Floorplan
Rooms: Bonus Room
Appliances: DishwasherDisposalMicrowaveRangeRefrigerator
Laundry: Inside
Basement: Interior EntryUnfinished
Flooring: CarpetTile
A/C: Central Air
Heating: Central

General: None
Style: Ranch
Other Structures: GazeboDeckScreenedCovered

Roofing: Metal
General: HardiPlank TypeStuccoOneBasement

Road/Access: Asphalt
HOA Amenities: ParkPlayground100.0Annually
Originating MLS: Stellar MLS
County: Putnam

Zoning: AGASHLEY LAKE PLANTATION MB 6 P 30 BLK A LOT 1817-09-23-0100-0010-0180
View: Water

Utilities: BB/HS Internet AvailableCable ConnectedElectricity ConnectedSewer ConnectedWater Connected
Water: Well
Sewer: Septic Tank

Source: Stellar MLS
Ownership: Fee Simple

This listing courtesy of Walter Key , EPIQUE REALTY, INC.

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.