Cherry Lake Lndg Ph 2
Homes for Sale in Groveland, FL

Community in Groveland · Lake County
144 homesBuilt 2018–2020
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True comps, carrying-cost math, and listings before the portals.

Built fromLive Stellar MLS data5 years of closingsFL DOR public recordsUpdated twice daily
Live · Cherry Lake Lndg Ph 2 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 2 a year
Ownership and context
63%
Owner-occupied · Cherry Lake Lndg Ph 2
91 of 144 parcels homesteaded (FL DOR 2025)
37%
Non-owner-occupied · Cherry Lake Lndg Ph 2
incl. 24% trust or LLC-held · 10% out-of-state
50%
Cash buyers · Cherry Lake Lndg Ph 2
2 of 4 sales, 12 mo ending June 2023
144
Homes in the community
144 residential parcels (FL DOR 2025)
Track record · 5 years of records
Est. 2018
Community established
homes built 2018-2020, median 2019 (FL DOR 2025)
0
Failed listings · 2023
peaked at 1 in 2023
0.7%/yr
Turnover rate
about 1 of 144 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Cherry Lake Lndg Ph 2 is a tight, recent build-out — every home here went up between 2018 and 2020, with a median build year of 2019, so the housing stock reads as a single generation rather than a mix of eras. That uniformity matters more than any one listing's condition: buyers are comparing homes that are close in age, layout era, and construction standard, which narrows the usual guesswork around deferred maintenance or dated systems.

The closings window we have on file covers a single month, which is too thin to draw a pricing trend from — we are not going to manufacture a median price or a days-on-market figure that isn't there. What we can say is that with 144 homes in the community and roughly two-thirds carrying a homestead exemption, this reads as a stable, owner-occupied base rather than a fast-churn rental or flip pocket, which typically means listings come to market when someone is actually ready to move, not on a speculative timer.

Best for

  • Buyers who want a home built within the last several years without an older-community maintenance profile.
  • Buyers targeting a mid-size footprint around 1,825 square feet without amenity fees attached.
  • Buyers comfortable pricing off broader Groveland-area comparables given the thin community-level sales history.

Probably not for

  • Buyers who specifically want a clubhouse, pool, or other on-site recreational amenity as part of the purchase.
  • Buyers who want a wide range of home ages or architectural eras to choose from.
  • Buyers who need a deep, community-specific sales history to anchor an offer strategy.

The market around Cherry Lake Lndg Ph 2

Cherry Lake Lndg Ph 2 is a small community — 1 recorded sale on file, most recently in 2023 — 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 Cherry Lake Lndg Ph 2 specifically. Momentum Research analysis of MLS records.

If we were buying in Cherry Lake Lndg Ph 2 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 Cherry Lake Lndg Ph 2.

Best Buy
Buyers who want a recently built home without paying for community amenities they won't use.
Biggest Risk
Very limited closings data means pricing here should lean on broader-area comparables, not community-only history.
Sweet Spot
A standard-footprint home near 1,825 square feet in a stable, owner-occupied setting.
Avoid If
You want a community built around shared amenities — none are currently identified here.

A Single-Era Community With No Amenity Story

The build window here is unusually narrow — 2018 to 2020 — which means most of the guesswork buyers normally do around roof age, HVAC vintage, and code compliance is largely settled before you even tour a home. At a median of 1,825 square feet, the homes skew toward a standard family footprint rather than starter-small or oversized-estate, which tends to keep comparisons between listings fairly apples-to-apples.

What's notably absent from the current MLS picture is any identified community amenity — no clubhouse, pool, or recreational facility showing up in listings. That doesn't mean none exists, but it does mean buyers should treat this as a straightforward residential subdivision and verify any shared facilities directly rather than assuming a lifestyle package comes with the address. With close to two-thirds of homes carrying a homestead exemption, the community reads as one where owners tend to settle in rather than cycle through quickly.

The location and the amenities are priced into every listing in Cherry Lake Lndg Ph 2. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

With only a single month of closings on record for this community, pricing a home here well requires pulling comparables from the surrounding Groveland market rather than leaning on thin, community-only data — that's the kind of read we do before we ever suggest a number.

Cherry Lake Lndg Ph 2 in 15 seconds.

Best forBuyers who want a recently built home without paying for community amenities they won't use.
Biggest advantageA tightly clustered 2018–2020 build era simplifies condition comparisons across listings.
Biggest riskVery limited closings data means pricing here should lean on broader-area comparables, not community-only history.
Sweet spotA standard-footprint home near 1,825 square feet in a stable, owner-occupied setting.
Avoid ifYou want a community built around shared amenities — none are currently identified here.

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 Cherry Lake Lndg Ph 2 sales matched to your home.

What is your Cherry Lake Lndg Ph 2 home worth?

Get a no-obligation home value based on real comparable sales in Cherry Lake Lndg Ph 2, 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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Real comps, not an automated estimate.

Frequently Asked Questions

How many homes are in Cherry Lake Lndg Ph 2?
The Florida DOR 2025 assessment roll shows 144 homes in Cherry Lake Lndg Ph 2 (public records).
What share of Cherry Lake Lndg Ph 2 is owner-occupied?
63% of Cherry Lake Lndg Ph 2 parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Cherry Lake Lndg Ph 2 built?
Homes in Cherry Lake Lndg Ph 2 were built between 2018 and 2020, with a median year built of 2019.0 (FL DOR 2025 roll).
Do cash buyers compete in Cherry Lake Lndg Ph 2?
Cash buyers took 50% of Cherry Lake Lndg Ph 2 sales in the 12 months ending June 2023 (2 of 4 closings, Stellar MLS).
Who is the best real estate agent for Cherry Lake Lndg Ph 2?
The best agent for Cherry Lake Lndg Ph 2 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 Cherry Lake Lndg Ph 2.
How do I find a top Groveland real estate agent who knows Cherry Lake Lndg Ph 2?
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 Cherry Lake Lndg Ph 2 and the wider Groveland area.
Can Momentum Realty connect me with an agent for Cherry Lake Lndg Ph 2?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Cherry Lake Lndg Ph 2 purchase or sale - no call center and no pressure.
Buyers who want a home built within the last several years without an older-community maintenance profile.Excellent fit
Buyers targeting a mid-size footprint around 1,825 square feet without amenity fees attached.Excellent fit
Buyers comfortable pricing off broader Groveland-area comparables given the thin community-level sales history.Excellent fit
Buyers who specifically want a clubhouse, pool, or other on-site recreational amenity as part of the purchase.Probably not
Buyers who want a wide range of home ages or architectural eras to choose from.Probably not
Buyers who need a deep, community-specific sales history to anchor an offer strategy.Probably not

Data sources & freshness

Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (3 streets, ZIP 34736))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2021 (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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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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