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Active

Active·235 days on market

120 Ashley Lake Drive

Melrose, FL 32666

$364,000$211/sqftEst. $1,856/moMLS# 2119736

Beds

Baths

1,727

Sq Ft

1997

Built

Garage

Pool

About this home

Melrose

A rare find meticulously maintained home on an acre of land nestled in a quiet serene community!! This immaculate 2-bedroom, 2-bathroom charmer is completely move-in ready! As you step inside, you'll be captivated by this open concept floor plan that brings the living room, dining room, kitchen and family together for easy everyday living. The modern kitchen features stainless-steel appliances, a large middle island, and a bar. The split private bedrooms have their own designated bathroom with the guest bathroom also offering direct access to the Florida room and primary bathroom also offering direct access to the garage. The family room features a double-sided fireplace that is shared with the primary bedroom. Outdoor living shines with the beautifully designed screened-in Florida room enclosure. Here you will find extra space for simply relaxing or entertaining guests including the soothing hot tub and outdoor lighting that creates a true backyard oasis.

Cost to own

Mortgage calculator

Home Price

$364,000

Down Payment: 20%

$72,800

Interest Rate: 6.58%

Loan Term

Monthly Payment

$1,856

Principal & Interest: $1,856

Insurance (est.): $243

Estimated Total Monthly

$2,099

*30-year loan at 6.58% APR (avg 30-yr rate 2026-07-23, Freddie Mac PMMS via FRED). Taxes vary by county; insurance is a rough estimate — Florida premiums swing with roof age and flood zone (see the Reality Check). Actual costs may vary.

Cost to own

True monthly cost

What this home actually costs per month at the asking price — not just the mortgage.

Principal & interest20% down · 6.58% · 30yr$1,856

HOAbilled annually$5

Estimated total, before insurance$1,861/mo

Seller’s 2024 tax billper the MLS — includes any CDD / assessments$1,677/yr · $140/mo

• Homeowners insurance is on top — in Florida it varies widely with roof age and wind/flood zone (see the Reality Check below). Budget it before you offer.
• In CDD communities (Nocatee, eTown, Seven Pines…), bond assessments are collected on the property-tax bill, and the amount varies home to home — a prior owner may have prepaid the bond — so we confirm this home’s exact line rather than trust a community average.
• Taxes are estimated at YOUR purchase price — Florida assessments reset on sale, so the seller’s current bill is usually lower than yours will be (that applies to the reference bill above too).

Cost to own

Taxes & assessment

2024 property taxes (current owner): $1,677/yr

Florida’s Save Our Homes cap limits how fast the current owner’s assessment can rise — and it resets when a home sells, so a buyer’s tax bill is typically based on the purchase price, not the seller’s bill above. Sources: Florida DOR certified tax roll, NEFMLS.

Storms & insurance

Florida Reality Check

The storm-and-insurance facts every Florida buyer should know up front.

Zone X — minimal flood hazard

Flood insurance is typically not required by lenders (always optional).

Flood damage is not covered by standard homeowners insurance — it’s always a separate policy.

Outside all hurricane evacuation zones

This location is not in a designated storm-surge evacuation zone.

Roof: Metal — year not disclosed (home built 1997)

Roof age drives Florida insurance pricing more than anything else — worth confirming before you offer.

Sewer records conflict — verify

The MLS lists “Private Sewer”, while Florida DOH records suggest an onsite septic system. Don’t rely on either — confirm the actual system, and if septic is possible, budget an inspection, before you offer. County records indicate a private well — a water-quality test is a standard (and cheap) pre-closing step.

Sources: MLS listing + Florida DOH Water Management Inventory (public record).

Solar potential: ~1,689 usable sun-hours per year

A strong solar roof by Florida standards — worth pricing panels if energy bills matter to you.

Krista can connect you with local insurance quotes before you make an offer.

Ask about this home

As of July 2026, this Reality Check is informational only — it draws on FEMA/FDEM hazard layers, Florida DOH water records, and the listing’s own fields at this property’s coordinates. None of it is a determination, survey, or inspection, and public records can lag or conflict with on-site conditions. Independently verify anything you’ll rely on: the flood zone at msc.fema.gov and floridadisaster.org/knowyourzone (and confirm flood-insurance cost with your lender and a licensed insurance agent), and the sewer/septic, roof, and utilities with a professional inspection.

History

Price & status history

Jul 10, 2026Price change$364,000−$15,900
Dec 1, 2025Listed$379,900

History tracked by kristafracke.com from the live MLS feed. Earlier changes may predate tracking.

Features

Price$364,000

Price / Sq Ft$211

Bedrooms2

Bathrooms2.00

Full Baths2

Square Footage1,727

Acres1.00 acres

Year Built1997

TypeResidential

Sub-TypeSingle Family Residence

StyleRanch

Property ConditionUpdated/Remodeled

StatusActive

# of Garages2

Has PoolNo

Is WaterfrontNo

Community Information

Address120 Ashley Lake Drive, Melrose, FL 32666

Area574-Interlachen-NW

SubdivisionAshley Lake Plantata

CityMelrose

CountyPutnam

StateFL

Zip Code32666

Lot Size43,560 sq ft

Parcel Number170923010000700080

ZoningAgricultural

Amenities

AmenitiesOther

UtilitiesElectricity Connected, Sewer Connected, Water Connected

SewerPrivate Sewer

Water SourcePrivate

ParkingGarage, Garage Door Opener

Interior

Interior FeaturesCeiling Fan(s), Eat-in Kitchen, Entrance Foyer, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom - Shower No Tub, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)

AppliancesDishwasher, Electric Oven, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator

HeatingCentral

CoolingCentral Air

FlooringCarpet, Vinyl

FireplaceYes

Fireplace FeaturesDouble Sided, Gas

# of Stories1

LevelsOne

LaundryIn Garage, Washer Hookup

SecuritySmoke Detector(s)

Spa FeaturesHeated, Above Ground