261 ASHLEY LAKE DRIVE, MELROSE, FL, 32666
Active2 days on marketListed Aug 27, 2026MLS #GC543066
About this home
261 ASHLEY LAKE DRIVE
Builder-ready 1.5-acre lot located in the desirable Ashley Lake Plantation community! This beautiful homes-only community offers the perfect opportunity to bring your builder and create the home you've been dreaming of. The property features an impressive 130 feet of shoreline along a quiet, private lake, offering peaceful waterfront living and plenty of potential for beautiful views. While the lake's water level is currently low, future water levels are expected to provide an even more scenic backdrop for your new home. Ashley Lake Plantation also offers community amenities including a park with a pavilion, providing a great space to enjoy the outdoors and gather with family and friends. Over $60,000 in site preparation and improvements have already been completed, saving you time, money, and the hassle of starting from scratch. Improvements include an electric gate, culvert, asphalt driveway, temporary power pole, deep rock well with upgraded stainless steel piping, Water Right Impression Series Water Softener System, in-ground septic tank and drain field, extensive fill dirt, and a 40' x 90' dirt house pad. With the major groundwork already completed, this property is truly ready for your builder. Bring your plans, bring your vision, and take advantage of this rare opportunity to build your dream home on a spacious lot in Ashley Lake Plantation!
Facts & features
The home at a glance
1.51 ac
Lot size
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$872 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$872/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside Melrose
Get to know Melrose. See the full Melrose guide →
MELROSE 32666 — neighborhood snapshot
Population
5,542
Median age
62.1
Median income
$66,540
Median home value
$206,000
Avg household
2.17
Households w/ children
268
For the school run
Clay County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Melrose market
$333K → $180K
Melrose median sold, yr/yr
91.6%
Sale-to-list ratio (12 mo)
Median sold price, Melrose, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 68% below the MELROSE 32666 median. See the full Melrose market guide →
Paper trail
This home's history
Reality check
What actually sold near 261 ASHLEY LAKE DRIVE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Aug ’26$155,000
118 MILLCREEK DRIVE · same community
2 bd · 2 ba · 1,104 sqft · $140/sqft · 381 DOM
Sold · Oct ’25$175,900
120 BLACKBERRY DRIVE · same community
3 bd · 2 ba · 1,667 sqft · $106/sqft · 78 DOM
Sold · Nov ’25$389,000
113 ASHLEY LAKE DRIVE · same community
4 bd · 3 ba · 1,953 sqft · $199/sqft · 10 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Zack Zonker
President Tampa Division · CENTURY 21 Edge
Tours, negotiation, and every question about 261 ASHLEY LAKE DRIVE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 261 ASHLEY LAKE DRIVE — before you fall in love.
See it in person
Schedule a tour
Live availability from Zack's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
261 ASHLEY LAKE DRIVE FAQs
What would the monthly payment be for 261 ASHLEY LAKE DRIVE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $872/mo — principal and interest, the actual property-tax bill, the $5/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 261 ASHLEY LAKE DRIVE?+
The association fee works out to $5 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 261 ASHLEY LAKE DRIVE?+
The most recent tax bill on record (2025) was $1,190. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 261 ASHLEY LAKE DRIVE?+
The listing reports pets: Cats OK, Dogs OK. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Melrose?+
At $96,000, this home is listed about 77% below the Melrose median of $420,000. The market section on this page shows how the area is trending.
Which schools are assigned to 261 ASHLEY LAKE DRIVE?+
McRae Elementary School (elementary), Keystone Heights Junior/Senior High (high) — Clay County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Under the MELROSE 32666 market on paper
$96,000 is 68% below the MELROSE 32666 median of $299,900.
02Trees/Woods views
The trees/woods view is part of what you're buying — views hold value independently of the structure.
03Fresh on the market
Only 2 days on market in a Melrose market that averages 51 — if it fits, move quickly.
04Strong assigned schools
McRae Elementary School, Keystone Heights Junior/Senior High — McRae Elementary School rates 4 of 5. Always verify assignments with the district.
Keep looking
Similar homes nearby
Listing courtesy of IHEART REALTY INC. · Marina Underhill. MLS #GC543066.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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