# 135 ASHLEY LAKE DRIVE, Melrose, FL 32666

> **TL;DR:** 3bd/3ba single family, $390,000 ($176/sqft), built 1990, 2,220 sqft.
> Waterfront. Est. $1,690/mo. Listed 137 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $390,000 |
| Price/sqft | $176 |
| Bedrooms | 3 |
| Bathrooms | 3 full |
| Square Feet | 2,220 |
| Year Built | 1990 |
| Lot Size | 50,965 sqft (1.17 acres) |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 137 |

## Why This Home Stands Out

- **Waterfront** - Direct water access

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,690 |
| **Total** | **$1,690** |

## Key Amenities

- Waterfront

## Property Highlights

- Built in 1990
- 1.17 acre lot
- Waterfront

## Description

### Agent Description
Lakefront living with built-in income potential! 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 bedrooms, 3 full bathrooms (main residence is 2 bed / 2 bath), 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, finished 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!

## Location

- **Address:** 135 ASHLEY LAKE DRIVE, Melrose, FL 32666
- **County:** Putnam
- **Neighborhood:** ASHLEY LAKE PLANTATION
- **Coordinates:** 29.708246, -82.021214
- **Google Maps:** https://www.google.com/maps?q=29.708246,-82.021214

## Listing Agent

- **Name:** Walter Key
- **Brokerage:** EPIQUE REALTY, INC.
- **Phone:** 7576353645
- **Email:** walter.key@gmail.com

## Primary Photo

![135 ASHLEY LAKE DRIVE - Primary Photo](http://lh.rdcpix.com/1ee618ae27cbc59dacf6c178323cf5dbl-f706317115r.jpg)

*52 total photos available on [listing page](https://www.propertysimple.com/listing/135-ashley-lake-drive-melrose-fl-32666-a4678375)*

---

**MLS#:** A4678375 | **Updated:** 2026-06-18
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/135-ashley-lake-drive-melrose-fl-32666-a4678375)

---

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