561 SE 28th StreetMelrose, FL 32666Price: $497,500

  • Price: $497,500
  • Est. Mortgage of $/month
  • 4 Days on Market
$
$
%
$/month over payments
Federal 30-year interest rate: 6.47% last updated on Jun 18, 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.
  • $497,500List Price
  • 3Bedrooms
  • 2Full Bath
  • 1,594Square Feet
Welcome to a truly one-of-a-kind waterfront retreat in the heart of Lake Geneva Estates in beautiful Melrose, Florida-where everyday living feels like a private getaway. This exceptional 3-bedroom, 2-bath canal-front home offers something rarely found: sweeping water views paired with your very own 8.24-acre island included in the sale. From the moment you arrive, the paved driveway leads you to an inviting entrance that sets the tone for what's inside. Step through the door into a spacious open-concept living area where high ceilings and a panoramic layout seamlessly connect the living room, kitchen, and dining space. The kitchen is designed for both function and gathering, featuring abundant counter space and sleek stainless steel appliances. Anchoring the living room is a warm brick wood-burning fireplace, creating a cozy focal point that flows naturally into the Florida room-where walls of windows showcase stunning canal and island views. The primary suite is a peaceful retreat with a generous walk-in closet and a private en-suite bath. An interior utility room adds everyday convenience and functionality. Outdoor living is where this property truly shines. An oversized garage provides ample storage, while the screened lanai invites you to relax and take in serene views of the island just beyond your backyard. A patio overlooks lush green grass leading directly to your private island entrance-your own natural sanctuary waiting to be explored. The island itself is an oasis, complete with two RV hookups and a charming mini clubhouse with covered gathering space-perfect for entertaining, camping-style weekends, or hosting unforgettable get-togethers. Nature surrounds you here, with frequent sightings of whistling wood ducks, sandhill cranes, deer, and more, creating a peaceful and vibrant wildlife backdrop. Tucked away in a quiet, desirable neighborhood, this property offers the rare combination of privacy, acreage, waterfront living, and convenience-just minutes from local restaurants, shopping, and everyday essentials. And best of all-NO HOA. Offered at $497,500, this is more than a home-it's a lifestyle, a retreat, and an extraordinary opportunity to own a slice of Florida paradise.

Property Details of 561 SE 28th Street

Property Details

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Mortgage Calculator


$
$
%
Est. Mortgage:
$/month over payments
Federal 30-year interest rate: 6.47% last updated on Jun 18, 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 Heather Surrency-Bristow of WATSON REALTY CORP (daveferro@watsonrealtycorp.com)

Listings courtesy of StellarMLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of June 19, 2026 4:01 AM UTC. 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.

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