Cascades/Groveland Ph 5
Homes for Sale in Groveland, FL
True comps, carrying-cost math, and listings before the portals.
Cascades/Groveland Ph 5 is a large, newer-build community of 537 homes in Groveland, with construction spanning 2006 to 2022 and a median build year of 2018. What sets price here is condition and vintage rather than lot premiums or square footage extremes: with a median living area around 1,900 square feet, most of the stock clusters in a similar footprint, so buyers are largely paying for how updated and well-kept a given home is. Expect a wide spread around the median driven by finish level and age within that 2006-2022 window.
The homestead share sits near 87 percent, which tells you this is a stay-put, owner-occupied community rather than an investor churn. That tends to keep turnover measured and inventory tighter than a rental-heavy tract. Sellers benefit from steady, established demand; buyers should be prepared to move on a clean, updated listing and to underwrite older 2006-era homes differently than the newer 2018-plus builds.
Who Cascades/Groveland Ph 5 is best for.
Best for
- Buyers targeting a right-sized primary home around 1,900 square feet who plan to stay put for years
- Buyers who want relatively recent construction and are comfortable inspecting for age within a 2006-2022 range
- Sellers with a well-maintained or updated home who want to stand out in an owner-occupied market
Probably not for
- Buyers who need substantially more living space than the roughly 1,900-square-foot median
- Investors chasing high-turnover or short-term rental inventory in a nearly 87-percent homestead community
- Buyers unwilling to budget for roof and systems on the older, 2006-era homes
The market around Cascades/Groveland Ph 5
Cascades/Groveland Ph 5 is a small community — 8 recorded sales on file, most recently in 2026 — 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).
The housing mix here is 97% single family residence, 3% villa.
ZIP and county figures describe the wider market, not Cascades/Groveland Ph 5 specifically. Momentum Research analysis of MLS records.
The Cascades/Groveland Ph 5 buying strategy.
If we were buying in Cascades/Groveland Ph 5 today, this is the order of operations we would run for our clients.
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.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
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 5.
Condition, not size, moves the needle
With 537 homes and a median living area near 1,900 square feet, the community reads as tightly banded on size. That matters because it strips out one of the usual price levers. When homes are broadly comparable in footprint, the market rewards updates, mechanicals, and overall condition — and it penalizes deferred maintenance more visibly. A 2006 home and a 2020 home can carry very different roof, HVAC, and finish timelines, so read each listing on its own merits.
The high homestead share, close to 87 percent, signals long-term ownership over speculative activity. Practically, that means fewer distressed or quick-flip listings and a slower, more deliberate transaction pace. For sellers, a well-prepared home stands out in a market where most competitors are lived-in. For buyers, patience and readiness to act on the right home both pay off.
The location and the amenities are priced into every listing in Cascades/Groveland Ph 5. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a community this uniform on size, the money is made or lost on reading condition correctly. We help sellers position an updated home against a mostly owner-occupied field, and we help buyers separate the newer 2018-plus builds from the earlier 2006-era stock so you budget honestly for roofs, systems, and finishes rather than the sticker alone.
Cascades/Groveland Ph 5 in 15 seconds.
HOA, CDD & Fees
- 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.
Tools for a Cascades/Groveland Ph 5 buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Cascades/Groveland Ph 5 sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Cascades/Groveland Ph 5, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Cascades/Groveland Ph 5 home worth?
Get a no-obligation home value based on real comparable sales in Cascades/Groveland Ph 5, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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Frequently Asked Questions
How many homes are in Cascades/Groveland Ph 5?
What share of Cascades/Groveland Ph 5 is owner-occupied?
When were the homes in Cascades/Groveland Ph 5 built?
Do cash buyers compete in Cascades/Groveland Ph 5?
Who is the best real estate agent for Cascades/Groveland Ph 5?
How do I find a top Groveland real estate agent who knows Cascades/Groveland Ph 5?
Can Momentum Realty connect me with an agent for Cascades/Groveland Ph 5?
Should you buy in Cascades/Groveland Ph 5?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Housing stock & ownership | Florida DOR 2025 assessment roll (street-list match (5 streets, ZIP 34736)) |
| Under-contract shares | Stellar MLS records, as of 2026-07-12 |
| Historical depth | Closed-sale records back to 2021 (19 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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