Lakefront living with built-in income! Well-maintained home on a landscaped 1.19-acre, high-and-dry lot just minutes from downtown historic Melrose. 3 bedrooms, 3 full bathrooms (main residence is 2 bed / 2 bath, apartment is 1 bed / 1 bath), tons of storage, and an expansive screened lakefront lanai with inset hot tub! There is also a 900 sqft semi-finished basement with drywall, electrical, and plumbing. Use it for massive storage, finish it into a private office space or game room, etc. Separate built-in storage for a lawn mower or tools, plus a 1-car garage and ample driveway parking. A full efficiency apartment with kitchen, full bathroom, and laundry is currently rented for almost $1,000/mo on a month-to-month lease. Perfect passive income, in-law suite, or guesthouse. All of this in a prime location less than 30 minutes to Gainesville or Palatka and just 5 minutes from the almost 6,000-acre Lake Santa Fe public boat ramp! Welcome Home!

"Based on information submitted to Northeast Florida Association of REALTORS as of October 1, 2026 7:16 AM UTC . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."

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Property Details of 135 Ashley Lake Drive

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The Moorman Group

Est. Mortgage:
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