Ask Ben.
Ask Ben.
(904) 595-8967

Benjamin Subercaseaux, Sales Associate · Florida Homes Realty & Mortgage

$1,500,000

22826 NE 69TH Avenue, Melrose, FL 32666

Wallace Grove

Price
$1,500,000
Beds / Baths
2 / 2
Living area
2,057 sqft
Year built
2024
Type
Residential
Lot
0.55 ac
Garage
4
HOA
None
CDD
No
Flood zone
Unknown
County
Alachua
Days on market
67

$729/sqft asking, vs a $187/sqft median across 81 closed sales in 32666 over the last 12 months — 291% above the area's closed prices. Condition and lot vary; that's what a showing is for.

**2024 Custom-Built Home** **Quiet Neighborhood** Discover elevated living in this stunning 2024 custom-built home on Lake Santa Fe. Situated on a .55-acre lot with 82 feet of waterfront, this residence offers a peaceful atmosphere in a tranquil area with only one road in and out. This 2-bedroom, 2-bath home perfectly blends luxury, comfort, and modern design. Step into the inviting open floor plan, which boasts 2,057 sq. ft. of heated and cooled space, and a total of 3,838 sq. ft. The home features soaring 22-foot ceilings, LED lighting, and elegant finishes throughout. Large sliding glass doors allow you to enjoy beautiful views and provide access to a spacious 62-foot porch. The expansive living area flows seamlessly into a chef-inspired kitchen equipped with granite countertops, stainless steel appliances, a double oven, a large island, coffee bar and a walk-in pantry with an outlet. The primary suite offers a generous space for relaxation, complete with its own large sliding glass door out to the porch, a custom-designed walk-in closet. Additional features include a large 4-car garage that includes a laundry area with two washer hookups and one dryer hookup, a water softener system, Epoxy floor and a whole-house propane generator. 30 amp RV plug on side of the house.The dock was rebuilt in 2023 and includes a boat/jet ski lift. The entire house is insulated with spray foam for energy efficiency, and there are two attic spaces for additional storage. This home is a blend of comfort and sophistication, perfect for modern living. 4 photos are staged Property owner is a Florida Realtor

What to check on this one

  • Verify exact flood zone designation and obtain elevation certificate for Lake Santa Fe waterfront property.
  • Confirm roof warranty coverage and any builder guarantees remaining on 2024 construction.
  • Review homeowner's insurance availability and quotes for waterfront location.
  • Inspect seawall/bulkhead condition and verify maintenance responsibility with county.
  • Confirm water/septic service type and obtain service history documentation.

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

Principal & interest$7,783/mo
Property tax (1.1% eff., Alachua Co.)$1,375/mo
Homeowners insurance (est.)$875/mo
All-in monthly (est.)$10,033/mo

Loan $1,200,000 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 FLORIDA HOMES REALTY & MTG LLC. Data via realMLS (Northeast Florida MLS), updated Aug 27, 2026, 2:20 PM.

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. Information is deemed reliable but not guaranteed.