$395,000
6308 ISLAND Road, Melrose, FL 32666, Melrose, FL 32666
Canal Shores
- Price
- $395,000
- Beds / Baths
- 3 / 2
- Living area
- 1,462 sqft
- Year built
- 1962
- Type
- Residential
- Lot
- 0.47 ac
- Garage
- 2
- HOA
- None
- CDD
- No
- Flood zone
- Unknown
- County
- Alachua
- Days on market
- 139
$270/sqft asking, vs a $187/sqft median across 81 closed sales in 32666 over the last 12 months — 45% above the area's closed prices. Condition and lot vary; that's what a showing is for.
Seller financing possible with acceptable terms & down payment! Tucked away at the very end of Island Road, this charming rustic retreat offers a rare opportunity to enjoy true waterfront living on the Santa Fe Canal--just steps from where it opens into Lake Santa Fe. This 3-bedroom, 2-bath home blends cozy character with thoughtful updates, including a beautifully refreshed kitchen and bathrooms, along with a durable new metal roof for peace of mind. Inside, you'll find warm, inviting spaces that make you feel right at home from the moment you walk in. Out back is where this property truly shines. A massive Florida room creates the ultimate entertaining space--complete with a built-in bar area and pool table--perfect for hosting friends, game nights, or simply relaxing after a day on the water. Even better, all furnishings can stay, making this a turnkey opportunity. Step outside and take in peaceful canal views from your backyard, with direct access to Lake Santa Fe just moments away As the last home before the canal opens to the lake, you'll enjoy a unique blend of privacy and prime positioning for boating, fishing, and waterfront living. Additional features include a large workshop with electric--ideal for hobbies, storage, or projects--and a newer dock ready for your boat and lake days. Whether you're looking for a full-time residence, weekend getaway, or income-producing vacation rental, this one-of-a-kind property delivers the best of North Florida lake life.
What to check on this one
- Verify flood zone designation and elevation certificate for Santa Fe Canal waterfront location
- Confirm new metal roof installation date and warranty details; check insurance acceptance
- Inspect plumbing for polybutylene or cast-iron (1962 build); obtain service history
- Verify septic system age, maintenance records, and recent pump-out documentation
- Review seller financing terms in writing; confirm down payment amount and interest rate
- Confirm all furnishings/pool table included in sale; get itemized list in contract
Flagged from the listing itself — not an inspection, and no substitute for one. Bring these to the showing.
What this home really costs per month
Loan $316,000 at 6.75% · 30 yr
Not a loan quote. Rate, insurance, and tax are stated assumptions — a lender and an insurance agent give real numbers. Homestead exemption lowers taxes after you file.
Listing courtesy of CB ISAAC REALTY. Data via realMLS (Northeast Florida MLS), updated Jul 17, 2026, 12:12 PM.
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