Open House: Jul 5, 2025, 11:00 AM - 1:00 PM

7929 NE 221ST STREET
MELROSE, FL 32666

$685,000

Beds: 3
Baths: 2
Sq. Ft.: 1,628
Type: House
Listing #GC532079
OPPORTUNITY ALERT: Lakefront Cottages on Beautiful Lake Santa Fe -- Melrose, FL: Two Cottages + Additional 2.23 Acre Parcel! Escape to your own private retreat on the serene shores of Lake Santa Fe. This rare offering includes TWO separate lakefront cottages PLUS a 2.23-acre adjacent parcel, perfect for future expansion or creating your own family compound. Investors, Take Note! Main Cottage Highlights: 2 spacious bedrooms with generous storage closets, Open living area, perfect for relaxing or entertaining, and screened porch stretching the length of the house overlooking the lake -- ideal for morning coffee, sunset views, or hosting guests! Guest Cottage / Studio Apartment: offers flexible space for your guests to enjoy, pursuit of your hobbies, or serve as a home office. It is situated over two large storage bays for extra convenience and utility. The 2.23 acre parcel offers room for an additional home, outdoor recreation, or other future development. It features a 2 Bay Garage, In addition to the 2 storage bays! This is an ideal setup for a "friends and family" compound on one of North Florida's most sought-after lakes. Whether you're looking for a weekend getaway, a full-time residence, or a rental/investment opportunity, this unique property offers endless potential. Investors and families alike will appreciate the flexibility of multiple dwellings, combined with direct lake access on the Beautiful Lake Santa Fe! Enjoy boating, fishing, kayaking, or simply soaking up the peaceful ambiance of lakefront living. Don't miss this rare opportunity to own a true slice of paradise on Lake Santa Fe. This home is 20 minutes from Gainesville, 7 minutes from Melrose, 50 minutes from Ocala! Ask ChatGPT Surrounded by majestic cypress and oak trees for peaceful, natural beauty Guest Cottage / Studio Apartment: Freestanding studio with flexible space for guests, hobbies, or home office Built over two large storage bays for extra convenience and utility Whether you're looking for a weekend getaway, a full-time residence, or a short-term rental opportunity, this unique property offers endless potential. Investors and families alike will appreciate the flexibility of multiple dwellings, combined with direct lake access. Bonus Opportunity: The included 2.23-acre parcel offers room for additional homes, outdoor recreation, or future development--an ideal setup for a "friends and family" compound on one of North Florida's most sought-after lakes. Enjoy boating, fishing, kayaking, or simply soaking up the peaceful ambiance of lakefront living. Don't miss this rare opportunity to own a true slice of paradise on Lake Santa Fe.
Property Features
Location Information
County: Alachua
MLS Area: Melrose
Latitude: 29.727704
Longitude: -82.088568
Subdivision: SANTA FE SHORES
Directions: From Gainesville Heading East to Lake Santa Fe, turn north (Left) on 221. Continue the home on right side of the road.
Development: Santa Fe Shores
Interior Features
Interior: Ceiling Fans(s), Eat-in Kitchen, Primary Bedroom Main Floor
Full Baths: 2
Has Fireplace: Yes
Fireplace Description: Wood Burning
Heat/Cool: Central
Cooling: Central Air
Floors: Carpet, Parquet, Vinyl
Appliances: Microwave, Range, Refrigerator
Has Private Pool: No
Exterior Features
Water View: Lake
Stories: One
Stories: Single story
Direction Faces: Northeast
Is New Construction: No
Construction: Vinyl Siding
Exterior: Storage
Foundation: Slab
Roof: Metal
Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Water Connected
Has Garage: Yes
Garage Spaces: 2
Lot Description: 2 to less than 5
Lot Number: 4
Lot Size in Acres: 2.54
Lot Size in Sq. Ft.: 110,642
Zoning: A
Flood Zone Code: X
Water Frontage: 67
Waterfront Description: Lake Front
Has Waterfront: Yes
Water Access: Beach, Lake
Is One Story: Yes
School
Elementary School: Chester Shell Elementary School-AL
Jr. High School: Hawthorne Middle/High School-AL
High School: Hawthorne Middle/High School-AL
Additional Information
Property Type: SFR
Property SubType: Single Family Residence
Year Built: 1940
Status: Active
Housing For Older Persons (55+): No
Tax Amount: $5,226.25


$ per month
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Monthly Tax: $
Monthly Insurance: $
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List Price:
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Listing Courtesy of RE/MAX PROFESSIONALS 352-375-1002
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Stellar (MFR) data last updated at July 4, 2025, 11:20 PM ET