Cascades/Groveland Ph 3
Homes for Sale in Groveland, FL

Community in Groveland · Lake County
273 homesBuilt 2006–2020
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Built fromLive Stellar MLS data10 years of closingsFL DOR public recordsUpdated twice daily
Live · Cascades/Groveland Ph 3 Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Tempo
1
Sold · last 12 mo
10-yr average: about 1 a year
Ownership and context
89%
Owner-occupied · Cascades/Groveland Ph 3
243 of 273 parcels homesteaded (FL DOR 2025)
11%
Non-owner-occupied · Cascades/Groveland Ph 3
incl. 11% trust or LLC-held · 3% out-of-state
67%
Cash buyers · Cascades/Groveland Ph 3
2 of 3 sales, 12 mo ending June 2024
273
Homes in the community
273 residential parcels (FL DOR 2025)
Track record · 10 years of records
Est. 2006
Community established
homes built 2006-2020, median 2014 (FL DOR 2025)
0
Failed listings · 2017
peaked at 2 in 2017
0.4%/yr
Turnover rate
about 1 of 273 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Cascades/Groveland Ph 3 is a built-out community of 273 homes constructed between 2006 and 2020, with the median home dating to 2014. That construction window matters: you are buying homes that are past their new-build teething stage but not yet old enough to need major systems overhauls across the board. Price here is driven far more by condition, updates, and lot than by any headline number, so the single figure that anchors the market tells you less than what you see when you walk the house.

The standout data point is the homestead share: at 89%, this is overwhelmingly owner-occupied. That tends to mean well-kept homes and a slower, less speculative resale pace. For a seller, it means your competition is other primary residences that show pride of ownership, so presentation and condition decide who wins. For a buyer, it means inventory is genuinely lived-in and you should underwrite on updates, not on the assumption that flips are setting the comps.

Best for

  • Primary-residence buyers wanting a stable, established neighborhood rather than new construction
  • Buyers targeting roughly 2,000 square feet who value a home already broken in but not aged out
  • Buyers willing to pay a premium for documented updates and maintained systems

Probably not for

  • Investors seeking a high-turnover, rental-heavy community
  • Buyers who need a broad range of floor plans, sizes, and price points to choose from
  • Buyers unwilling to budget for roof or HVAC timing on the older end of the build range

The market around Cascades/Groveland Ph 3

Cascades/Groveland Ph 3 is a small community — 3 recorded sales on file, most recently in 2017 — too few for its own price trend. Here is the market around it.

Across Lake County, 3,176 homes are active and 1,107 pending (26% under contract).

Homes here are single family residence.

ZIP and county figures describe the wider market, not Cascades/Groveland Ph 3 specifically. Momentum Research analysis of MLS records.

If we were buying in Cascades/Groveland Ph 3 today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Cascades/Groveland Ph 3.

Best Buy
Buyers who want a settled, owner-occupied community with consistent home sizes.
Biggest Risk
Build years span 2006 to 2020, so systems age varies widely and must be underwritten.
Sweet Spot
A well-maintained home near the 2,028 sq ft median with updated big-ticket systems.
Avoid If
You want an investor-heavy flip market or a wide menu of home sizes and styles.

Reading the condition premium

With homes built across a 2006-to-2020 span and a median around 2,028 square feet, the housing stock is more consistent than varied. What separates one closing from the next is not square footage or age so much as what has been done to the home since it was built. Roofs, HVAC, kitchens, and flooring in a 2006 build are on a different clock than in a 2020 build, and that difference shows up in the price far more than the raw median suggests.

The 89% homestead share reinforces that. In a community this heavily owner-occupied, listings come to market on their owners' timelines rather than an investor's, which typically keeps supply measured. Buyers should expect to compete on condition-adjusted value and be ready to distinguish a maintained home from a merely decorated one. Sellers who have kept up the big-ticket systems have a real, defensible advantage.

The location and the amenities are priced into every listing in Cascades/Groveland Ph 3. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a community where price hinges on condition and systems age rather than a tidy price band, our job is to line up your specific home against the right comparables and read the update-driven spread honestly. We work Groveland and Lake County closings directly, so we can tell you whether a home's asking price reflects real improvements or just presentation, and price your own listing to the part of the market it actually competes in.

Cascades/Groveland Ph 3 in 15 seconds.

Best forBuyers who want a settled, owner-occupied community with consistent home sizes.
Biggest advantageA high homestead share that tends toward well-kept homes and measured supply.
Biggest riskBuild years span 2006 to 2020, so systems age varies widely and must be underwritten.
Sweet spotA well-maintained home near the 2,028 sq ft median with updated big-ticket systems.
Avoid ifYou want an investor-heavy flip market or a wide menu of home sizes and styles.

HOA, CDD & Fees

In short
  • Mandatory HOA — confirm current dues
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Cascades/Groveland Ph 3 sales matched to your home.

What is your Cascades/Groveland Ph 3 home worth?

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Real comps, not an automated estimate.

Frequently Asked Questions

How many homes are in Cascades/Groveland Ph 3?
The Florida DOR 2025 assessment roll shows 273 homes in Cascades/Groveland Ph 3 (public records).
What share of Cascades/Groveland Ph 3 is owner-occupied?
89% of Cascades/Groveland Ph 3 parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Cascades/Groveland Ph 3 built?
Homes in Cascades/Groveland Ph 3 were built between 2006 and 2020, with a median year built of 2014 (FL DOR 2025 roll).
Do cash buyers compete in Cascades/Groveland Ph 3?
Cash buyers took 67% of Cascades/Groveland Ph 3 sales in the 12 months ending June 2024 (2 of 3 closings, Stellar MLS).
Who is the best real estate agent for Cascades/Groveland Ph 3?
The best agent for Cascades/Groveland Ph 3 is one who actively works Groveland and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Cascades/Groveland Ph 3.
How do I find a top Groveland real estate agent who knows Cascades/Groveland Ph 3?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Cascades/Groveland Ph 3 and the wider Groveland area.
Can Momentum Realty connect me with an agent for Cascades/Groveland Ph 3?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Cascades/Groveland Ph 3 purchase or sale - no call center and no pressure.
Primary-residence buyers wanting a stable, established neighborhood rather than new constructionExcellent fit
Buyers targeting roughly 2,000 square feet who value a home already broken in but not aged outExcellent fit
Buyers willing to pay a premium for documented updates and maintained systemsExcellent fit
Investors seeking a high-turnover, rental-heavy communityProbably not
Buyers who need a broad range of floor plans, sizes, and price points to choose fromProbably not
Buyers unwilling to budget for roof or HVAC timing on the older end of the build rangeProbably not

Data sources & freshness

Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (2 streets, ZIP 34736))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2016 (10 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of Stellar MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

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