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About This Home
This 3-bedroom, 2-bathroom single family at 12603 NE 204 TERRACE in Waldo, FL is listed for $1,589,000 ($440 per sqft). Built in 1988, the home offers 3,608 sqft of living space on a 0.81 acres lot.
Welcome to this Extraordinary Lake Santa Fe retreat—a waterfront estate perfectly designed for luxury living, multigenerational comfort, and effortless entertaining! This private oasis blends refined craftsmanship, resort-style amenities, and custom enhancements to create a legacy property designed to be enjoyed year-round.
The property features both a primary residence AND a 2/1 apartment over the workshop EACH WITH MORE than an additional 800 sq ft! The main residence showcases recent custom features including a gas fireplace in the Great Room as well as fresh kitchen updates including custom quartz and glass kitchen counters, new exhaust hood, and a 2025 KitchenAid appliance suite.
The Outdoor living is TRULY exceptional. The grounds are professionally designed by Entropics, and accented by architectural lighting. The lakeside, indoor/outdoor experience continues with a stunning cabana that features heated travertine tile, a sunken saltwater spa, an oversized, fully tiled outdoor shower, a second gas fireplace, and a commerci
al-grade outdoor kitchen, all anchored by a lakeside pavilion ideal for gatherings and sunset views! A full concrete seawall, private boat ramp, and covered dock with TWO lifts—the dock was refinished in 2024—offer seamless access to the lake. Additional spaces elevate both lifestyle and functionality.
Above the barn/workshop, is a beautifully finished 2-bedroom, 1-bath apartment complete with kitchen, private entrance, washer/dryer, dedicated parking, and lake views provides ideal guest OR income potential! The 870 square foot barn and garage are climate-controlled with standing AC/heat units.
Extensive upgrades include built-in cabinetry and workbench, while the epoxy floors are perfect for hobbies or for professional use! An additional garden cabin and potting space add charm and utility for outdoor enthusiasts. Notable infrastructure upgrades include dual 500-gallon propane tanks, a whole-property water treatment system, a converted
saltwater hot tub, a mini-split AC in the upstairs yoga studio, and a Bosch dishwasher added in 2023. Throughout the property, peace of mind is ensured with a 30kW Generac whole-home generator, Google Home security cameras, and a SimpliSafe security system.
This Lake Santa Fe retreat is more than a home—it is a private resort, a family compound, and a timeless investment, offering unmatched waterfront living with modern reliability and refined elegance. Lake Santa Fe is celebrated for its pristine water quality, excellent fishing, kayaking, paddle boarding, and swimming!
Enjoy the conveniences and activities of the eclectic Melrose community AND the serenity of this home and property. Melrose is just 30 minutes from Gainesville, 20 minutes to Gainesville Regional Airport, and 90 minutes to Jacksonville! Experience the perfect harmony of architectural elegance, lakeside tranquility, and classic Florida charm in this one-of-a-kind waterfront home!
Key Features
- Built in 1988
- 0.81 acre lot
- Fireplace
- Waterfront
Property Details
Amenities
Monthly Cost Estimate
$8,498/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
12603 NE 204 TERRACE
Waldo, FL 32694
NOT IN SUBDIVISION
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 3-bedroom, 2-bathroom single family at 12603 NE 204 TERRACE is listed at $1,589,000 ($440/sqft). The estimated monthly payment is $6,886 based on 20% down at 6.5% interest.
Key features include: Built in 1988, 0.81 acre lot, Fireplace, Waterfront. Interior Features: Built-in Features, Ceiling Fans(s), Eat-in Kitchen. Exterior Features: Level, Fencing, French Doors.
This property is listed by Lynn Hughes and can be reached at 4125597335 or Lynn@lynnhughesrealtor.com.


