Listing Details for MLS # GC536376
12603 Ne 204 Terrace, Waldo, Fl 32694

Residential Property - Single Family Residence in Waldo

Listing Price: $1,589,000Days on Market: 6

Description of Property

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 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 hot tub, an oversized 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!The average asking price for a 3 bedroom/2 bath single family residence in this Zip code is $579,675. This single family residence is listed at about 274% of the average asking price. This is the only 3 bedroom/2 bath single family residence between $1,400,000 and $1,800,000 currently listed for sale in this Zip code.