Chase Groves Unit 8
Homes for Sale in Lake Mary, FL

Community in Lake Mary · Seminole County
36 homesBuilt 1994–1996
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Built fromLive Stellar MLS data20 years of closingsFL DOR public recordsUpdated twice daily
Live · Chase Groves Unit 8 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
56%
Owner-occupied · Chase Groves Unit 8
20 of 36 parcels homesteaded (FL DOR 2025)
44%
Non-owner-occupied · Chase Groves Unit 8
incl. 22% trust or LLC-held · 28% out-of-state
33%
Cash buyers · Chase Groves Unit 8
1 of 3 sales, 12 mo ending June 2025
36
Homes in the community
36 residential parcels (FL DOR 2025)
Track record · 20 years of records
Est. 1994
Community established
homes built 1994-1996, median 1995 (FL DOR 2025)
0
Failed listings · 2014
peaked at 4 in 2006
2.8%/yr
Turnover rate
about 1 of 36 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Chase Groves Unit 8 is a small, tightly defined pocket in Lake Mary of just 36 homes, all built in a narrow window from 1994 to 1996. When the stock is this uniform in age and the median home runs about 1,588 square feet, price here is driven almost entirely by condition and updates rather than by size or vintage. A kitchen and bath that have been brought current will separate one listing from an otherwise comparable neighbor.

This is a thin, slow-turning market by design — a limited number of homes means very few trade in any given window. For sellers, that scarcity can work in your favor when a well-presented home hits the market. For buyers, it means patience: you may wait for the right floor plan and condition rather than choosing from a crowded shelf. Move-in-ready and dated homes will price very differently, so read each listing on its own merits.

Best for

  • Buyers targeting a modestly sized, single-story-era home in Lake Mary who value a stable, slow-turning street
  • Patient buyers willing to wait for the right condition rather than shop a large inventory
  • Buyers with a renovation budget who want to buy a dated home and update it to their taste

Probably not for

  • Buyers who need a wide range of homes to tour on a short timeline
  • Buyers who want new construction or square footage well above the 1,588 median
  • Buyers looking to flip quickly in a market that trades infrequently

The market around Chase Groves Unit 8

Chase Groves Unit 8 is a small community — 17 recorded sales on file, most recently in 2014 — 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 Unit 8 specifically. Momentum Research analysis of MLS records.

If we were buying in Chase Groves Unit 8 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 Chase Groves Unit 8.

Best Buy
Buyers who want a mid-1990s Lake Mary home and will wait for the right one.
Biggest Risk
Thin inventory means limited choice and possible waiting.
Sweet Spot
An updated home near the 1,588-square-foot median.
Avoid If
You need selection or a large, new-construction floor plan.

A uniform, owner-held pocket

The homes here share a common era, built between 1994 and 1996 with a median year of 1995. That consistency makes comparisons cleaner than in mixed-vintage neighborhoods: floor plans and lot styles tend to rhyme, and the real variable is how much work has gone into a given house over the past three decades. Roofs, HVAC, and kitchens are the line items that will matter most in negotiation.

Just over half of the homes — a 55.6% homestead share — are owner-occupied as a primary residence. That points to a fair amount of long-term ownership and a neighborhood that turns over slowly, which reinforces the thin-inventory picture. Buyers should be ready to act when a home that fits comes available; sellers should lean on presentation, since there is little comparable product competing at any one time.

The location and the amenities are priced into every listing in Chase Groves Unit 8. 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 36-home pocket that trades infrequently, the value is in knowing each listing's true condition and how it stacks against the last few sales. We track this micro-market closely, help buyers judge whether a home is updated or deferred, and help sellers position a house so that scarcity works for them rather than against them.

Chase Groves Unit 8 in 15 seconds.

Best forBuyers who want a mid-1990s Lake Mary home and will wait for the right one.
Biggest advantageA small, uniform pocket makes condition and comps easy to read.
Biggest riskThin inventory means limited choice and possible waiting.
Sweet spotAn updated home near the 1,588-square-foot median.
Avoid ifYou need selection or a large, new-construction floor plan.

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 Chase Groves Unit 8 sales matched to your home.

What is your Chase Groves Unit 8 home worth?

Get a no-obligation home value based on real comparable sales in Chase Groves Unit 8, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See homes for sale in Chase Groves Unit 8 on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

How many homes are in Chase Groves Unit 8?
The Florida DOR 2025 assessment roll shows 36 homes in Chase Groves Unit 8 (public records).
What share of Chase Groves Unit 8 is owner-occupied?
56% of Chase Groves Unit 8 parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Chase Groves Unit 8 built?
Homes in Chase Groves Unit 8 were built between 1994 and 1996, with a median year built of 1995.0 (FL DOR 2025 roll).
Do cash buyers compete in Chase Groves Unit 8?
Cash buyers took 33% of Chase Groves Unit 8 sales in the 12 months ending June 2025 (1 of 3 closings, Stellar MLS).
Who is the best real estate agent for Chase Groves Unit 8?
The best agent for Chase Groves Unit 8 is one who actively works Lake Mary 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 Chase Groves Unit 8.
How do I find a top Lake Mary real estate agent who knows Chase Groves Unit 8?
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 Chase Groves Unit 8 and the wider Lake Mary area.
Can Momentum Realty connect me with an agent for Chase Groves Unit 8?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Chase Groves Unit 8 purchase or sale - no call center and no pressure.
Buyers targeting a modestly sized, single-story-era home in Lake Mary who value a stable, slow-turning streetExcellent fit
Patient buyers willing to wait for the right condition rather than shop a large inventoryExcellent fit
Buyers with a renovation budget who want to buy a dated home and update it to their tasteExcellent fit
Buyers who need a wide range of homes to tour on a short timelineProbably not
Buyers who want new construction or square footage well above the 1,588 medianProbably not
Buyers looking to flip quickly in a market that trades infrequentlyProbably not

Data sources & freshness

Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (2 streets, ZIP 32746))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2006 (20 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?

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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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More Lake Mary & Seminole County & North Orlando guides

Compare before you commit - every guide covers pricing, HOA/CDD, insurance posture, and fit. Browse all of Seminole County & North Orlando or the full Neighborhood Finder.

Thinking of selling in Chase Groves Unit 8? 1 recorded closings (window ending 2026-07-13). See the Seminole County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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