WATER CREST COURT, GROVELAND, FL, 34736
Active15 days on marketListed Sep 28, 2026MLS #O6445370
About this home
WATER CREST COURT
3-ACRE LAKEFRONT HOMESITE IN GATED LAKES OF LU EMMA! Build your dream luxury estate on this exceptional residential homesite in one of Groveland’s desirable gated lakefront communities. Enjoy beautiful waterfront views and access to the interconnected Lake Emma and Lake Lucy , offering an outstanding lifestyle for boating, fishing, skiing, jet skiing, and other water activities. Surrounded by existing luxury homes, this spacious homesite offers privacy and the freedom to choose your own builder. Much of the preparation has already been completed, including tree removal, clearing, grading, well and septic. Survey available, with an architect and structural engineer available to assist with your plans. The property also offers the potential to build a private dock. Conveniently located just minutes from the Florida Turnpike, providing easy access to Orlando and surrounding areas. A rare opportunity to save time and construction costs while creating your own custom lakefront estate in a beautiful gated community! this site has it all! The property directly adjacent to this parcel is 3 acres also owned by the same owner and is available for sale, offering a potential opportunity to acquire additional land MLS# O6445349. Don't miss this rare opportunity! Schedule your private tour today!
Facts & features
The home at a glance
2.93 ac
Lot size
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$4,263 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$4,263/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside Groveland
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Groveland. See the full Groveland guide →
GROVELAND 34736 — neighborhood snapshot
Population
26,086
Median age
42
Median income
$82,478
Median home value
$335,300
Avg household
2.76
Households w/ children
2,798
For the school run
Lake County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Groveland market
$378K → $380K
Groveland median sold, yr/yr
98.5%
Sale-to-list ratio (12 mo)
Median sold price, Groveland, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 55% above the GROVELAND 34736 median. See the full Groveland market guide →
Paper trail
This home's history
Reality check
What actually sold near WATER CREST COURT
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Oct ’25$300,000
7347 CAPSTONE DRIVE
3 bd · 2 ba · 1,455 sqft · $206/sqft · 56 DOM
Sold · May ’26$321,980
407 OAK FLAT ALLEY
3 bd · 2.5 ba · 1,573 sqft · $205/sqft · 0 DOM
Sold · Dec ’25$320,000
7363 CAPSTONE DRIVE
3 bd · 2 ba · 1,603 sqft · $200/sqft · 232 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Kathy Miller
real estate agent · CENTURY 21 Edge
Tours, negotiation, and every question about WATER CREST COURT — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for WATER CREST COURT — before you fall in love.
See it in person
Schedule a tour
Live availability from Kathy's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
WATER CREST COURT FAQs
What would the monthly payment be for WATER CREST COURT?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $4,263/mo — principal and interest, the actual property-tax bill, the $250/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at WATER CREST COURT?+
The association fee works out to $250 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on WATER CREST COURT?+
The most recent tax bill on record (2025) was $4,690. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at WATER CREST COURT?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Groveland?+
At $600,000, this home is listed about 46% above the Groveland median of $409,900. The market section on this page shows how the area is trending.
Which schools are assigned to WATER CREST COURT?+
South Lake High School (high), Minneola Charter School (elementary), Groveland Elementary School (elementary) — Lake County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Positioned at the premium end
$600,000 runs 55% above the GROVELAND 34736 median.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Strong assigned schools
South Lake High School, Minneola Charter School, Groveland Elementary School — Minneola Charter School rates 4 of 5. Always verify assignments with the district.
Keep looking
Similar homes nearby
Listing courtesy of PREMIUM PROPERTIES R.E. SERVICE · Hamid Dghirni. MLS #O6445370.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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