NOW REDUCED!! LAKE ELIZABETH, 1.23 ACRE LOT BEAUTIFUL LAKE ELIZABETH. GO GREEN (NO OUTBOARD MOTORS) on this ECO-FRIENDLY private lake. Here you can enjoy a beautiful setting on 1.23 acres with 101 ft of lakefront. Property has many varieties of plant and animal species. This is a Homes Only community located near Historic Melrose, FL and just 18 minutes to Gainesville. Now's the time to buy and build on this rare and beautiful lakefront property. Live Green, Live Rural. You'll love the waterfront and all it's natural beauty. Drive by and see. NOTE: Possible owner financing available. Adjacent lot 2 is also available. See separate listing. Special pricing available for both. MLS# 116341.