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135 ASHLEY LAKE Drive, Melrose, FL 32666

$390,000
MLS# 2125184
3
Bedrooms
2
Bathrooms
2,220
Sq Ft
1990
Year Built

About This Home — 135 ASHLEY LAKE Drive

Lakefront living with active income cash flow! 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 beds, 3 full baths (main residence is 2 beds / 2 full baths), 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, finish 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!

Features

Price$390,000
Price / Sq Ft$176
Bedrooms3
Bathrooms2.00
Full Baths2
Square Footage2,220
Acres1.19 acres
Year Built1990
TypeResidential Income
Sub-TypeDuplex
StatusActive
# of Garages1
Has PoolNo
Is WaterfrontYes

Community Information

Address135 ASHLEY LAKE Drive, Melrose, FL 32666
Area574-Interlachen-NW
SubdivisionAshley Lake Plantata
CityMelrose
CountyPutnam
StateFL
Zip Code32666
Lot Size51,836.4 sq ft
Parcel Number170923010000100180

Amenities

AmenitiesPark, Playground
UtilitiesCable Connected, Electricity Connected, Sewer Connected, Water Connected
SewerSeptic Tank
Water SourceWell
ParkingAdditional Parking, Garage, Off Street
ViewLake, Water
Waterfront TypeLake Front

Interior

AppliancesDishwasher, Disposal, Electric Range, Microwave, Refrigerator
HeatingCentral
CoolingCentral Air
LevelsOne
LaundryIn Unit

Exterior

Lot DescriptionCleared
RoofMetal
Other StructuresGazebo
Road SurfaceAsphalt
Road FrontageCounty Road

Additional Information

Date ListedJanuary 15, 2026
Days on Market135
HOA Fees$100 / Annually
HOA FrequencyAnnually
HOA NameAshley Lake Plantation
Tax Amount$2,555.91
Tax Year2025
Listing TermsCash, Conventional, FHA, Owner May Carry, VA Loan
New ConstructionNo

Mortgage Calculator

$390,000
$78,000
Loan Term
Monthly Payment
$2,076
Principal & Interest: $2,076
Est. Taxes & Insurance: $519
Estimated Total Monthly
$2,595
*Estimates based on 30-year loan at 7% APR. Actual payments may vary.

Listing Courtesy of: EPIQUE REALTY, INCWALTER KEY · walter.key@gmail.com

Information deemed reliable but not guaranteed. Data provided by realMLS (Northeast Florida MLS).

Your Local Expert

Krista Fracke - Broker Associate

Krista Fracke

Broker Associate

Interested in this home? I know this area inside and out — let's talk about whether it's the right fit for you.

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20+ years · 500+ closings · NE Florida