12603 NE 204 TerraceWaldo, FL 32694Price: $1,589,000

  • Price: $1,589,000
  • Est. Mortgage of $/month
  • 106 Days on Market
PrintSave Favorite
$
$
%
$/month over payments
Federal 30-year interest rate: 6.37% last updated on May 7, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,589,000List Price
  • 3Bedrooms
  • 2Full Bath
  • 3,608Square Feet
Welcome to this Extraordinary Lake Santa Fe retreat-a waterfront estate perfectly designed for luxury living, multigenerational comfort, and effortless entertaining! This private oasis blends refined craftsmanship, resort-style amenities, and custom enhancements to create a legacy property designed to be enjoyed year-round. The property features both a primary residence AND a 2/1 apartment over the workshop EACH WITH MORE than an additional 800 sq ft! The main residence showcases recent custom features including a gas fireplace in the Great Room as well as fresh kitchen updates including custom quartz and glass kitchen counters, new exhaust hood, and a 2025 KitchenAid appliance suite. The Outdoor living is TRULY exceptional. The grounds are professionally designed by Entropics, and accented by architectural lighting. The lakeside, indoor/outdoor experience continues with a stunning cabana that features heated travertine tile, a sunken saltwater spa, an oversized, fully tiled outdoor shower, a second gas fireplace, and a commercial-grade outdoor kitchen, all anchored by a lakeside pavilion ideal for gatherings and sunset views! A full concrete seawall, private boat ramp, and covered dock with TWO lifts-the dock was refinished in 2024-offer seamless access to the lake. Additional spaces elevate both lifestyle and functionality. Above the barn/workshop, is a beautifully finished 2-bedroom, 1-bath apartment complete with kitchen, private entrance, washer/dryer, dedicated parking, and lake views provides ideal guest OR income potential! The 870 square foot barn and garage are climate-controlled with standing AC/heat units. Extensive upgrades include built-in cabinetry and workbench, while the epoxy floors are perfect for hobbies or for professional use! An additional garden cabin and potting space add charm and utility for outdoor enthusiasts. Notable infrastructure upgrades include dual 500-gallon propane tanks, a whole-property water treatment system, a converted saltwater hot tub, a mini-split AC in the upstairs yoga studio, and a Bosch dishwasher added in 2023. Throughout the property, peace of mind is ensured with a 30kW Generac whole-home generator, Google Home security cameras, and a SimpliSafe security system. This Lake Santa Fe retreat is more than a home-it is a private resort, a family compound, and a timeless investment, offering unmatched waterfront living with modern reliability and refined elegance. Lake Santa Fe is celebrated for its pristine water quality, excellent fishing, kayaking, paddle boarding, and swimming! Enjoy the conveniences and activities of the eclectic Melrose community AND the serenity of this home and property. Melrose is just 30 minutes from Gainesville, 20 minutes to Gainesville Regional Airport, and 90 minutes to Jacksonville! Experience the perfect harmony of architectural elegance, lakeside tranquility, and classic Florida charm in this one-of-a-kind waterfront home!

Property Details of 12603 NE 204 Terrace

Property Details

Never Miss New Listings

Never miss new listings between $1,430,000 - $1,748,000 in this neighborhood
Successfully Subscribed!
Do not fill in this field:

I agree to receive marketing and customer service calls and text messages from Gabriela Dajer. To opt out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Privacy Policy.

We will never spam you or sell your details. You can unsubscribe whenever you like.

Mortgage Calculator


$
$
%
Est. Mortgage:
$/month over payments
Federal 30-year interest rate: 6.37% last updated on May 7, 2026. * The above figures are estimates provided by Union Street Media using the FRED® API, and are not endorsed or certified by the Federal Reserve Bank of St. Louis. Check with your lender for actual interest rates.
Listed by Lynn Hughes of RE/MAX PROFESSIONALS (352-375-1002)

Listings courtesy of StellarMLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of May 14, 2026 3:00 PM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. 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. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

I agree to receive marketing and customer service calls and text messages from Gabriela Dajer. To opt out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Privacy Policy.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.