Cherry Lake Shores
Homes for Sale in Groveland, FL

Cherry Lake Shores sits in Groveland, Lake County, and currently shows just one active MLS listing - a market this thin rewards buyers and sellers who look closely at the individual property rather than trying to read broader trend lines.

Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.

Cherry Lake Shores is too small for its own price trend, so here is the market around it.

In ZIP 34736, 326 homes are on the market and 27% are under contract — a steady corner of Groveland.

Across Lake County, 3,179 homes are active and 1,077 pending (25% under contract).

In ZIP 34736 (GROVELAND), 770 homes closed in the last 12 months at a median of $372K ($190/sq ft), down 2.4% year over year, with a median 43 days on market. Right now 72 active and 21 pending listings put supply at about 4.2 months - a balanced market. See the live ZIP 34736 housing market and the Lake County market.

ZIP and county figures describe the wider market, not Cherry Lake Shores specifically. Momentum Research analysis of MLS records.

When a subdivision has a single home on the market, every normal market metric - days on market, price per square foot, absorption rate - collapses into a story about that one property. The 12-month supply figure here is mathematically real but practically fragile: it can flip from buyer-leaning to tight with the next sale or the next new listing, because the base is so small.

No community amenities are identified from current MLS listings, which is common for smaller or older subdivisions where shared features, if they exist, are not consistently logged in listing data. Buyers who want deed restrictions, HOA details, or shared recreational features spelled out should plan to verify directly with the seller or county records rather than relying on the MLS snapshot alone.

A market this thin is exactly where a broker who checks county records, recent comparable closings outside the immediate subdivision boundary, and the actual condition of the one listing in play earns their fee - generic market reports will not tell you enough to negotiate with confidence.

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