$685,000

7929 NE 221ST STREET, Melrose, FL 32666

  • 3 beds |
  • 2 baths |
  • 1,628 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1940
  • Property Lot Size Icon2.54acre lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $421/sqft
  • Property List Date Icon Listed 10 days ago

Property Description

OPPORTUNITY ALERT: Lakefront Cottages on Beautiful Lake Santa Fe – Melrose, FL: Two Cottages + Additional 2.23 Acre Parcel! Escape to your own private retreat on the serene shores of Lake Santa Fe. This rare offering includes TWO separate lakefront cottages PLUS a 2.23-acre adjacent parcel, perfect for future expansion or creating your own family compound. Investors, Take Note! Main Cottage Highlights: 2 spacious bedrooms with generous storage closets, Open living area, perfect for relaxing or entertaining, and screened porch stretching the length of the house overlooking the lake – ideal for morning coffee, sunset views, or hosting guests! Guest Cottage / Studio Apartment: offers flexible space for your guests to enjoy, pursuit of your hobbies, or serve as a home office. It is situated over two large storage bays for extra convenience and utility. The 2.23 acre parcel offers room for an additional home, outdoor recreation, or other future development. It features a 2 Bay Garage, In addition to the 2 storage bays! This is an ideal setup for a “friends and family” compound on one of North Florida’s most sought-after lakes. Whether you're looking for a weekend getaway, a full-time residence, or a rental/investment opportunity, this unique property offers endless potential. Investors and families alike will appreciate the flexibility of multiple dwellings, combined with direct lake access on the Beautiful Lake Santa Fe! Enjoy boating, fishing, kayaking, or simply soaking up the peaceful ambiance of lakefront living. Don’t miss this rare opportunity to own a true slice of paradise on Lake Santa Fe. This home is 20 minutes from Gainesville, 7 minutes from Melrose, 50 minutes from Ocala! Ask ChatGPT Surrounded by majestic cypress and oak trees for peaceful, natural beauty Guest Cottage / Studio Apartment: Freestanding studio with flexible space for guests, hobbies, or home office Built over two large storage bays for extra convenience and utility Whether you're looking for a weekend getaway, a full-time residence, or a short-term rental opportunity, this unique property offers endless potential. Investors and families alike will appreciate the flexibility of multiple dwellings, combined with direct lake access. Bonus Opportunity: The included 2.23-acre parcel offers room for additional homes, outdoor recreation, or future development—an ideal setup for a “friends and family” compound on one of North Florida’s most sought-after lakes. Enjoy boating, fishing, kayaking, or simply soaking up the peaceful ambiance of lakefront living. Don’t miss this rare opportunity to own a true slice of paradise on Lake Santa Fe.

Listing Status:
Active
Date Added:
July 3, 2025 at 05:00AM
Listing Office:
RE/MAX PROFESSIONALS : 352-375-1002
Listing Agent:
Lynn Hughes : 412-559-7335
MLS ID:
GC532079
  • General: Ceiling Fan(s)Eating Space In KitchenPrimary Bedroom Main Floor
  • Appliances: MicrowaveRangeRefrigerator
  • Laundry: In Garage
  • Flooring: CarpetParquetVinyl
  • A/C: Central Air
  • Heating: Central
  • Fireplace: Wood BurningFireplace

This listing courtesy of Lynn Hughes, RE/MAX PROFESSIONALS

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
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.

Location

Schools Nearby

C

Chester Shell Elementary School

21633 SE 65th Ave, Hawthorne, FL, 32640

Grades KG-5

9.25 miles away

H

Hawthorne Middle/High School

21403 SE 69th Ave, Hawthorne, FL, 32640

Grades 6-12

9.55 miles away

H

Hawthorne Middle/High School

21403 SE 69th Ave, Hawthorne, FL, 32640

Grades 6-12

9.55 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listing