CENTURY 21 Edge
$489,000$550,000$3,530 /mo all-in ↓

0 CHERRY LAKE ROAD, GROVELAND, FL, 34736

Active256 days on marketListed Nov 25, 2025MLS #TB8451141

Reduced $61KWaterfrontCHERRY LAKE SHORES SUB

About this home

0 CHERRY LAKE ROAD

Experience true lakefront living on the Clermont Chain of Lakes with this exceptional opportunity to build your custom waterfront retreat on a homesite in Cherry Lake Shores. This direct lakefront parcel on Cherry Lake offers sweeping views, private shoreline access, and immediate entry into one of Central Florida’s most desirable freshwater chains. It is perfect for boating, fishing, paddleboarding, and exploring all eleven interconnected lakes. From your backyard, you can boat directly into the chain and enjoy authentic dock-and-dine living, including the two premier waterfront restaurants on Lake Minneola. Boat access to entertainment, restaurants, and nightlife is a rare lifestyle upgrade available only to homes connected to the chain. This homesite also places you in one of the most unique outdoor-performance regions in the country. Clermont is internationally known as “The Choice of Champions,” serving as a training destination for triathletes, runners, cyclists, and rowers. The area features rolling hills (rare for Florida), pristine lakes, and extensive fitness infrastructure. South Lake & Minneola Scenic Trails have over 30 miles of paved running, biking, and inline-skating routes. Whether you're an athlete seeking year-round training conditions or simply enjoy active outdoor living, this region offers unmatched recreation, scenery, and health-focused amenities. Convenience is another hallmark of this homesite. You’re only about 5 minutes from the Florida Turnpike entrance, making travel to Orlando, Winter Garden, and surrounding areas effortless, and roughly 15 minutes from Downtown Clermont’s waterfront district. Clermont water district features breweries, farm-to-table restaurants, boutique shops, festivals, and the scenic South Lake Trail. Outdoor recreation is abundant at Palatlakaha River Park, Lake Louisa State Park, and Waterfront Park, offering boat ramps, sandy beaches, fishing piers, playgrounds, kayaking, nature trails, and miles of shaded hiking and biking. With its prime lakefront location on Cherry Lake, direct access to boat-up dining and entertainment, proximity to world-class outdoor and endurance-sports infrastructure, generous lot size, natural privacy, and flexibility to bring your own builder (per community restrictions), Lot 8 stands out as a rare and compelling opportunity. True lakefront properties on the Clermont Chain are increasingly limited—this one delivers a lifestyle, location, and recreational environment that simply cannot be duplicated elsewhere in Central Florida.

Facts & features

The home at a glance

3.13 ac

Lot size

WaterfrontPets allowed

Inside

Outside & construction

Community & fees

Taxes (2025)$3,297/yr
PetsYes

Utilities & systems

UtilitiesFire Hydrant · Water Available
WaterPublic · See Remarks

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.

$3,530 /mo · 3.5% down FHA, 30-yr fixed at 6%

Principal & interest$2,879
FHA mortgage insurance (est.)$216
Property tax — 2025 actual bill$275
Insurance (FL estimate)$160

The assumptions

Loan typeFHADown payment3.5% · $17,115Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type
Down payment3.5% · $17,115
Interest rate6.00%
Loan term

Estimated payment

$3,530/mo

Principal & interest$2,879
FHA mortgage insurance (est.)$216
Property taxes (actual bill)$275
Est. insurance$160

Includes FHA mortgage insurance and the financed 1.75% upfront premium. 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

Map of 0 CHERRY LAKE ROAD

Drive times from this address

Downtown Orlando38 min
Universal Orlando41 min
Walt Disney World47 min
Orlando Int’l Airport (MCO)52 min

Estimated driving times, typical traffic. Data © OpenStreetMap contributors.

Get to know Groveland. See the full Groveland guide →

The numbers that matter

The Groveland market

Seller’s marketLeans seller3.6 months of inventoryBuyer’s market

$378K$405K

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 23% above the Groveland median. See the full Groveland market guide →

Paper trail

This home's history

CurrentPrice reduced to $489,000 $61K
Nov 25, 2025Listed at $550,000 · 256 days on market since

Reality check

What actually sold near 0 CHERRY LAKE ROAD

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

15518 STATE ROAD 19Sold · Feb ’26

$375,000

15518 STATE ROAD 19

1 bd · 1 ba · 480 sqft · $781/sqft · 305 DOM

15945 VILLA CITY ROADSold · May ’26

$325,000

15945 VILLA CITY ROAD

2 bd · 2 ba · 800 sqft · $406/sqft · 4 DOM

15945 VILLA CITY ROADSold · Oct ’25

$207,000

15945 VILLA CITY ROAD

2 bd · 2 ba · 800 sqft · $259/sqft · 5 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.

German Parra Tovar

Your agent

German Parra Tovar

REALTOR® · CENTURY 21 Edge

Tours, negotiation, and every question about 0 CHERRY LAKE ROAD — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 0 CHERRY LAKE ROAD — before you fall in love.

See it in person

Schedule a tour

Live availability from German's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.

Straight answers

0 CHERRY LAKE ROAD FAQs

What would the monthly payment be for 0 CHERRY LAKE ROAD?+

With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,530/mo — principal and interest, the actual property-tax bill 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.

What are the property taxes on 0 CHERRY LAKE ROAD?+

The most recent tax bill on record (2025) was $3,297. 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 0 CHERRY LAKE ROAD?+

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 $489,000, this home is listed about 23% above the Groveland median of $399,000. The market section on this page shows how the area is trending.

The brief

Four things that matter here

01Positioned at the premium end

$489,000 runs 23% above the Groveland median.

02Waterfront living

This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.

03Time on market is leverage

256 days on market against a Groveland median of 47 — sellers in this position are usually ready to negotiate.

04The price has already moved

Listed at $550,000, now $489,000 — a $61K cut. The full history is in the market section below.

Listing courtesy of COASTAL PROPERTIES GROUP INTERNATIONAL · Lindsay Irwin. MLS #TB8451141.

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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0 CHERRY LAKE ROAD, GROVELAND, FL — $489,000 | CENTURY 21 Edge