Groveland Cherry Lake Oaks
Homes for Sale in Groveland, FL

Community in Groveland · Lake County
69 homesBuilt 2006–2019
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Built fromLive Stellar MLS data10 years of closingsFL DOR public recordsUpdated twice daily
Live · Groveland Cherry Lake Oaks 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
93%
Owner-occupied · Groveland Cherry Lake Oaks
64 of 69 parcels homesteaded (FL DOR 2025)
7%
Non-owner-occupied · Groveland Cherry Lake Oaks
incl. 3% trust or LLC-held · 1% out-of-state
25%
Cash buyers · Groveland Cherry Lake Oaks
1 of 4 sales, 12 mo ending June 2024
69
Homes in the community
69 residential parcels (FL DOR 2025)
Track record · 10 years of records
Est. 2006
Community established
homes built 2006-2019, median 2017 (FL DOR 2025)
0
Failed listings · 2024
peaked at 4 in 2019
1.4%/yr
Turnover rate
about 1 of 69 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Cherry Lake Oaks is a small, established pocket of 69 homes in Groveland, with construction spanning 2006 to 2019 and a median build year of 2017. What that range tells you is that condition and vintage drive price here more than any single list number. The median living area sits near 2,784 square feet, so this is a community of substantial single-family homes, and the spread between the earliest and newest builds means two homes on the same street can price very differently based on updates, finishes, and floor plan.

The homestead share is high at roughly 93 percent, which signals a community held largely by owner-occupants rather than investors or short-term holders. For a seller, that tends to mean limited, steady turnover and buyers who are comparing on livability rather than yield. For a buyer, it means you should expect to compete for well-kept inventory and be ready to move when a home that fits shows up, because there simply are not many doors here.

Best for

  • Buyers seeking a larger single-family home and willing to wait for the right listing
  • Owner-occupants planning to stay put in a low-churn neighborhood
  • Buyers who can evaluate a home on condition and updates rather than list price alone

Probably not for

  • Investors chasing turnover or short-hold yield
  • Buyers needing a wide selection of homes to compare at once
  • Anyone on a tight timeline who cannot wait for limited inventory to open up

The market around Groveland Cherry Lake Oaks

Groveland Cherry Lake Oaks is a small community — 11 recorded sales on file, most recently in 2024 — 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 Groveland Cherry Lake Oaks specifically. Momentum Research analysis of MLS records.

If we were buying in Groveland Cherry Lake Oaks 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 Groveland Cherry Lake Oaks.

Best Buy
Buyers wanting a larger home in a settled, low-turnover Groveland pocket.
Biggest Risk
Thin inventory means the right home may not be on the market when you are.
Sweet Spot
A well-maintained mid-2010s build near the 2,784 sq ft median.
Avoid If
You need lots of choices or a fast, high-volume selection to compare.

A small, owner-held pocket in Lake County

With only 69 homes and a median size near 2,784 square feet, this is not a community you shop by browsing a long list of options. Availability is thin by design, and the 13-year construction window means the housing stock is not uniform. A 2006 build and a 2019 build differ in layout, systems, and finish expectations, so read each home on its own terms rather than assuming the median describes what you will tour.

The high homestead share reinforces the point: most of these homes are lived in, not flipped. That generally translates to well-maintained properties and sellers who are not in a hurry, which can slow the pace of good listings reaching the market. Price outcomes here are condition-driven — the median is a starting reference, not a ceiling or a floor, and updates carry real weight in this size range.

The location and the amenities are priced into every listing in Groveland Cherry Lake Oaks. 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 69-home community with limited turnover, timing and access matter more than search filters. We track what actually trades in Cherry Lake Oaks, help you judge a 2006 build against a 2019 one on condition rather than headline size, and keep you positioned to act when the right home surfaces instead of waiting for the next one that may be months out.

Groveland Cherry Lake Oaks in 15 seconds.

Best forBuyers wanting a larger home in a settled, low-turnover Groveland pocket.
Biggest advantageA strongly owner-occupied community with substantial single-family homes.
Biggest riskThin inventory means the right home may not be on the market when you are.
Sweet spotA well-maintained mid-2010s build near the 2,784 sq ft median.
Avoid ifYou need lots of choices or a fast, high-volume selection to compare.

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 Groveland Cherry Lake Oaks sales matched to your home.

What is your Groveland Cherry Lake Oaks home worth?

Get a no-obligation home value based on real comparable sales in Groveland Cherry Lake Oaks, 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 Groveland Cherry Lake Oaks on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

How many homes are in Groveland Cherry Lake Oaks?
The Florida DOR 2025 assessment roll shows 69 homes in Groveland Cherry Lake Oaks (public records).
What share of Groveland Cherry Lake Oaks is owner-occupied?
93% of Groveland Cherry Lake Oaks parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Groveland Cherry Lake Oaks built?
Homes in Groveland Cherry Lake Oaks were built between 2006 and 2019, with a median year built of 2017 (FL DOR 2025 roll).
Do cash buyers compete in Groveland Cherry Lake Oaks?
Cash buyers took 25% of Groveland Cherry Lake Oaks sales in the 12 months ending June 2024 (1 of 4 closings, Stellar MLS).
Who is the best real estate agent for Groveland Cherry Lake Oaks?
The best agent for Groveland Cherry Lake Oaks 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 Groveland Cherry Lake Oaks.
How do I find a top Groveland real estate agent who knows Groveland Cherry Lake Oaks?
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 Groveland Cherry Lake Oaks and the wider Groveland area.
Can Momentum Realty connect me with an agent for Groveland Cherry Lake Oaks?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Groveland Cherry Lake Oaks purchase or sale - no call center and no pressure.
Buyers seeking a larger single-family home and willing to wait for the right listingExcellent fit
Owner-occupants planning to stay put in a low-churn neighborhoodExcellent fit
Buyers who can evaluate a home on condition and updates rather than list price aloneExcellent fit
Investors chasing turnover or short-hold yieldProbably not
Buyers needing a wide selection of homes to compare at onceProbably not
Anyone on a tight timeline who cannot wait for limited inventory to open upProbably not

Data sources & freshness

Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (4 streets, ZIP 34736))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2016 (11 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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More Groveland & Lake County guides

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