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About this home
261 Ashley Lake Dr is a home in Ashley Lake Plantation, Melrose. Flood zone X/A - outside the FEMA high-risk areas, which keeps insurance manageable. HOA runs $60 annually.
Builder-ready 1.5-acre lot located in the desirable Ashley Lake Plantation community! This beautiful homes-only community offers the perfect opportunity to bring your builder and create the home you've been dreaming of. The property features an impressive 130 feet of shoreline along a quiet, private lake, offering peaceful waterfront living and plenty of potential for beautiful views. While the lake's water level is currently low, future water levels are expected to provide an even more scenic backdrop for your new home. Ashley Lake Plantation also offers community amenities including a park with a pavilion, providing a great space to enjoy the outdoors and gather with family and friends. Over $60,000 in site preparation and improvements have already been completed, saving you time, money, and the hassle of starting from scratch. Improvements include an electric gate, culvert, asphalt driveway, temporary power pole, deep rock well with upgraded stainless steel piping, Water Right Impression Series Water Softener System, in-ground septic tank and drain field, extensive fill dirt, and a 40' x 90' dirt house pad. With the major groundwork already completed, this property is truly ready for your builder. Bring your plans, bring your vision, and take advantage of this rare opportunity to build your dream home on a spacious lot in Ashley Lake Plantation!
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The essentials
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. HOA is the fee reported on the listing. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$94,000
Time on market
45 days
Monthly payment
About $641/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $1,190 annual tax bill, insurance, and the $60/yr HOA fee.
HOA fee
$60/yr
Managed by Sandy.
Flood zone
Zone X/A
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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