Groveland Lexington Village Ph 02
Homes for Sale in Groveland, FL
True comps, carrying-cost math, and listings before the portals.
Lexington Village Phase 02 is a tight, defined pocket in Groveland: 220 homes built in a narrow window between 2004 and 2007, with a median living area right around 1,808 square feet. That construction consistency matters. When most of the stock came out of the same early-2000s era at a similar size, price here is driven less by square footage and more by condition and updates. The homes that have had kitchens, roofs, and systems addressed will separate themselves from those still carrying their original finishes.
With no active price ceiling or floor to lean on, expect a wide spread tied to that condition gap rather than to floor plan. For sellers, the read is straightforward: presentation and documented updates do the heavy lifting here. For buyers, it means the deals live in homes that show tired but are structurally sound for their age — the ones where your renovation dollars, not the address, create the value.
Who Groveland Lexington Village Ph 02 is best for.
Best for
- Buyers seeking a mid-sized single-story-era home around 1,800 square feet who will inspect systems closely
- Value-focused buyers willing to renovate a structurally sound home to build equity through updates
- Owner-occupants wanting an established, small subdivision rather than a large master-planned development
Probably not for
- Buyers who want new construction or the latest floor plans and finishes
- Anyone unwilling to budget for roof, HVAC, or systems on a home of this age
- Buyers needing a wide selection of sizes or lot types, since the stock here is narrow
The market around Groveland Lexington Village Ph 02
Groveland Lexington Village Ph 02 is a small community — 3 recorded sales on file, most recently in 2025 — 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 Lexington Village Ph 02 specifically. Momentum Research analysis of MLS records.
The Groveland Lexington Village Ph 02 buying strategy.
If we were buying in Groveland Lexington Village Ph 02 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 Groveland Lexington Village Ph 02.
A single-era subdivision where condition sets the price
Everything here was built inside a three-year span, so you are looking at homes that are now roughly two decades old. That is the age where big-ticket components — roofs, HVAC, water heaters — start coming due, and it is exactly where the pricing divergence shows up. Two homes of nearly identical size can trade very differently depending on what has been replaced and when.
The homestead share sits just under 60%, which points to a meaningful owner-occupant base alongside a non-homestead remainder. For a buyer, that mix means you will see both long-held, well-kept homes and properties that have turned over or been held as rentals. Read each listing on its own merits — the build year tells you the bones, the maintenance history tells you the price.
The location and the amenities are priced into every listing in Groveland Lexington Village Ph 02. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a 220-home community where price hinges on condition rather than location or size, our value is calling the difference between a home that needs cosmetics and one that needs capital. We price and negotiate off the actual state of the roof, systems, and finishes — not off a generic per-square-foot number — so you either pay for what you are getting or list at what your updates genuinely justify.
Groveland Lexington Village Ph 02 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 Groveland Lexington Village Ph 02 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 Groveland Lexington Village Ph 02 sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Groveland Lexington Village Ph 02, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Groveland Lexington Village Ph 02 home worth?
Get a no-obligation home value based on real comparable sales in Groveland Lexington Village Ph 02, 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 Groveland Lexington Village Ph 02?
What share of Groveland Lexington Village Ph 02 is owner-occupied?
When were the homes in Groveland Lexington Village Ph 02 built?
Do cash buyers compete in Groveland Lexington Village Ph 02?
Who is the best real estate agent for Groveland Lexington Village Ph 02?
How do I find a top Groveland real estate agent who knows Groveland Lexington Village Ph 02?
Can Momentum Realty connect me with an agent for Groveland Lexington Village Ph 02?
Should you buy in Groveland Lexington Village Ph 02?
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 (2 streets, ZIP 34736)) |
| Under-contract shares | Stellar MLS records, as of 2026-07-12 |
| Historical depth | Closed-sale records back to 2016 (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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