Chase Groves
Homes for Sale in Lake Mary, FL
True comps, carrying-cost math, and listings before the portals.
Chase Groves is a built-out Lake Mary community of 614 homes constructed between 1991 and 2002, with a median vintage around 1996. Price here is driven less by any single spec and more by condition and updates. With homes now decades old, the gap between a maintained, renovated house and a dated one is where the real dollars move — so expect a wide spread rather than a tight, predictable band.
About 61% of homes carry a homestead exemption, which points to a base of long-term owners rather than heavy investor turnover. For a seller, that generally means measured, steady inventory. For a buyer, it means listings that come to market are worth reading closely: the standout is usually the one that has been kept current, and you will pay for that condition.
Who Chase Groves is best for.
Best for
- Buyers seeking a primary residence around 1,700 square feet in an established Lake Mary neighborhood
- Buyers willing to budget for updates in exchange for a maintained, move-in-ready resale
- Long-term owners who value a stable, low-turnover community over rapid resale churn
Probably not for
- Buyers who require new or near-new construction with current finishes throughout
- Buyers who need a wide selection of active listings to compare at once
- Buyers unwilling to account for the cost of roof, HVAC, and interior updates on an older home
The market around Chase Groves
Chase Groves is a small community — 63 recorded sales on file, most recently in 2022 — too few for its own price trend. Here is the market around it.
Across Seminole County, 1,538 homes are active and 629 pending (29% under contract).
Homes here are single family residence.
ZIP and county figures describe the wider market, not Chase Groves specifically. Momentum Research analysis of MLS records.
The Chase Groves buying strategy.
If we were buying in Chase Groves 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 Chase Groves.
A condition-driven resale market
Because every home here predates 2003, the practical questions are about systems and updates: roof, HVAC, kitchens and baths. A median living size near 1,700 square feet keeps most of these homes in a middle range of the market — large enough to be a genuine primary residence, compact enough that a full renovation is a manageable project. The homes that show best are the ones where those updates have already been done.
The high homestead share means turnover tends to be occasion-driven rather than speculative, so the number of active listings at any moment is typically thin. That can favor a prepared buyer who moves quickly on the right house, and it rewards a seller who prices to condition rather than to a headline average.
The location and the amenities are priced into every listing in Chase Groves. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a condition-driven neighborhood like Chase Groves, the median tells you almost nothing about a specific house — the update history does. We walk the property with you, separate cosmetic from structural, and price against what a home actually offers rather than a neighborhood average. When a listing is dated and overpriced, we will say so.
Chase Groves 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 Chase Groves 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 Chase Groves sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Chase Groves, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Chase Groves home worth?
Get a no-obligation home value based on real comparable sales in Chase Groves, 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 Chase Groves?
What share of Chase Groves is owner-occupied?
When were the homes in Chase Groves built?
Do cash buyers compete in Chase Groves?
Who is the best real estate agent for Chase Groves?
How do I find a top Lake Mary real estate agent who knows Chase Groves?
Can Momentum Realty connect me with an agent for Chase Groves?
Should you buy in Chase Groves?
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 (14 streets, ZIP 32746)) |
| Under-contract shares | Stellar MLS records, as of 2026-07-12 |
| Historical depth | Closed-sale records back to 2005 (22 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.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Stellar MLS member average and 8 days faster, and we’ll price yours against live your area comps.
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