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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.

Agent Description

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

2 full
1988

Amenities

FireplaceWaterfrontRV Parking

Monthly Cost Estimate

$8,498/mo

20% down · 6.5% · 30 years

Principal$1,149
Interest$6,886
Insurance$463

Estimates only. Actual payments may vary.

Location

12603 NE 204 TERRACE

Waldo, FL 32694

NOT IN SUBDIVISION

Features & Amenities

Interior Features

Built-in FeaturesCeiling Fans(s)Eat-in KitchenHigh CeilingsKitchen/Family Room ComboOpen FloorplanPrimarybedroom UpstairsSolid Surface CountersSplit BedroomVaulted Ceiling(s)Wet Bar

Exterior Features

LevelFencingFrench DoorsLightingRain GuttersDock

Property Details

Flooring

TileWood

Construction

Wood Siding

Parking

CarportCoveredDrivewayGarageGarage - AttachedRV

Heating

Electric (Heating)Fireplace(s)Propane (Heating)Zoned (Heating)

Cooling

Central Air

Appliances

CooktopDishwasherDryerMicrowaveRefrigeratorWasher

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.

LH

Lynn Hughes

Agent at RE/MAX PROFESSIONALS

(412) 559-7335

Listed by RE/MAX PROFESSIONALS · View on Broker Site

MLS# GC536376· Source: listhub· Updated 124 days ago

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

12603 NE 204 TERRACE, Waldo, FL 32694

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