Grovewood Estates
Homes for Sale in Land O Lakes, FL
True comps, carrying-cost math, and listings before the portals.
Photo via Stellar MLS
As of October 2026, the MLS records 18 closed sales in Grovewood Estates in Land O Lakes, FL since 2014, the most recent in July 2026. Across Land O Lakes as a whole, 1,104 homes closed in the last 12 months at a median of $394,990, 43 median days on market, with 478 homes for sale today. At that median and Pasco County's FY2025-26 rate of 16.15 mills, annual property tax runs about $6,380 ($5,730 with the full homestead exemption).
Grovewood Estates is a small, established pocket in Land O Lakes — 41 homes spanning build years from 1971 to 2020, with a median vintage of 1990. That range is the whole story on price: this is a condition-and-updates market, not a spec-sheet market. A renovated home and a dated original will trade very differently here, so the single median price figure tells you far less than the walkthrough does.
With a homestead share above 92%, this is overwhelmingly owner-occupied and slow to turn — only one closing in the current window. Sellers should read that as a thin, quiet market where the right buyer is worth waiting for; buyers should read it as a place where inventory is scarce and each listing deserves a close look rather than a fast pass.
Nearby homes for sale
No active listings inside Grovewood EstatesHomes for Sale in Land O Lakes, FL right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
A compact enclave of just 41 homes with a median around 2,381 square feet of living space and a build history running from the early 1970s into 2020 — roomy floor plans, but no two eras alike.
Stellar MLS sales records identify 23 homes in Grovewood Estates that have changed hands since 2006, built between 1981 and 2018 (median 1992), with a median living area of about 2,095 sq ft and a typical 3-bedroom, 2.5-bath layout; 96% are single-family homes. Source: Stellar MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.
County records show 3 qualified sales in Grovewood Estates across 2024–2025 (2 in 2024, 1 in 2025), median $585,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
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.
Who Grovewood Estates is best for.
Best for
- Long-hold buyers who prize stability over a fast resale
- Buyers wanting more living space and willing to weigh a home on its condition
- Renovation-minded buyers who can see value in an older, updatable home
Probably not for
- Buyers who need a wide selection and multiple options on any given weekend
- Sellers who require a quick sale in a thin, slow-turning market
- Buyers expecting brand-new construction and uniform, current-era finishes throughout
The market around Grovewood Estates
Grovewood Estates is too small for its own price trend, so here is the market around it.
In ZIP 34638, 324 homes are on the market and 27% are under contract — a steady corner of Land O Lakes.
Across Pasco County, 4,213 homes are active and 1,214 pending (22% under contract).
In ZIP 34638 (Land O Lakes), 1,727 homes closed in the last 12 months at a median of $395K ($181/sq ft), up 1.9% year over year, with a median 45 days on market. Right now 168 active and 81 pending listings put supply at about 2.2 months — a healthy market. See the live ZIP 34638 housing market and the Pasco County market.
ZIP and county figures describe the wider market, not Grovewood Estates specifically. Momentum Research analysis of MLS records.
The Grovewood Estates buying strategy.
If we were buying in Grovewood Estates 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 Grovewood Estates.
A condition-driven market, not a comp-driven one
The nearly five-decade spread in build years — 1971 to 2020 around a 1990 median — means valuation here hinges on what has been done to a home, not just its address. Roof age, systems, kitchens, and baths will move price more than square footage alone. When someone quotes you a neighborhood median, treat it as a starting reference and let the condition of the specific house do the rest of the talking.
The homes themselves lean generously sized, with a median of roughly 2,381 square feet of living area, and the very high homestead share signals long-term ownership rather than churn. That stability keeps the community quiet and consistent, but it also means fewer homes come to market — so timing and readiness matter more than they would in a fast-moving subdivision.
The location and the amenities are priced into every listing in Grovewood Estates. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a 41-home community with sparse turnover, pricing off a raw median is a mistake — the value is in the condition, the era of the build, and the handful of true comparables. We work Grovewood Estates deal by deal, reading each home on its own merits and pricing it against what actually moves in Land O Lakes and Pasco, not a headline number.
Grovewood Estates in 15 seconds.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- 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 Grovewood Estates 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 Grovewood Estates sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Grovewood Estates, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Grovewood Estates home worth?
Get a no-obligation home value based on real comparable sales in Grovewood Estates, 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 Grovewood Estates on the map →
| Location | Land O Lakes, Pasco County, FL · ZIP 34638 |
|---|---|
| Homes in the community | 41 (FL DOR 2025 assessment roll) |
| Years built | 1971–2020 (median 1990) |
| Typical living area | 2,381 sq ft (median) |
| Amenities listed by sellers | Fire Alarm |
| For sale right now | 0 active, 0 pending |
| Owner-occupied (homestead) share | 93% |
Data as of September 20, 2026. Based on Stellar MLS data distributed by MLS GRID for the period 2014 through 2026; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Grovewood Estates key facts,” movewithmomentum.com/neighborhoods/grovewood-estates, data as of September 20, 2026.
Housing distress & ownership in Grovewood Estates, Land O Lakes
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Based on Stellar MLS data distributed by MLS GRID for the period September 2026 through September 2026. Deemed reliable but not guaranteed.
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Email me new listings in Grovewood EstatesHomes for Sale
One e-mail a day, only when a home lists here, with price, beds, baths and a link to every listing. Straight from the MLS feed; no account needed.
Ask an agent about Grovewood EstatesHomes for Sale
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Recent Developments in Grovewood Estates
Development, infrastructure, retail, and school activity affecting Grovewood Estates, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated October 2026.
- August 2026Development
Proposal would convert Port Richey hotel into 122 apartments
HCM Hospitality seeks a rezoning to convert the 156-room La Vista Inn at 11736 U.S. 19 on 4.54 acres into a 122-unit apartment community. The Pasco County Planning Commission unanimously recommended approval with conditions, and the item goes next to the County Commission.
What it may mean for the marketAdaptive reuse would add rental housing along the U.S. 19 corridor without new traffic beyond existing entitlements. The project is about 19 miles southwest of Grovewood Estates, elsewhere in Pasco County.
Source: Tampa Bay Business and Wealth - July 2026Development
Pomelo Square mixed-use community advances in Wesley Chapel
Ryan Cos. and PulteGroup are advancing Pomelo Square, a mixed use development at the northeast corner of Old Pasco Road and Overpass Road in Wesley Chapel. Plans call for 415 residential units made up of 325 apartments and 90 townhomes, about 42,000 square feet of retail, and a hotel pad. Completion is targeted for the first quarter of 2028.
What it may mean for the marketAdds a mixed use community of apartments and townhomes with retail space and a hotel pad, expanding housing and commercial supply in a growing Pasco County corridor. The project is about 11 miles southeast of Grovewood Estates, elsewhere in Pasco County.
Source: Florida YIMBY - April 2026Development
New mixed-use development planned on State Road 52 in central Pasco
A mixed-use development planned on State Road 52 in central Pasco County, next to Pilot Country Airport, would add 108 single-family homes, about 175,000 square feet of commercial and retail space, and a 120-room hotel, with completion expected around 2030.
What it may mean for the marketA new mixed-use community adds housing, retail, and lodging along the State Road 52 corridor in central Pasco, the kind of growth that can shape demand and pricing for nearby communities. The site is about 8 miles south of Grovewood Estates.
Source: Tampa Bay Times - January 2026Development
Moffitt Cancer Center opens flagship outpatient center at its new Speros FL campus in Pasco
Moffitt Cancer Center held the grand opening of its flagship outpatient cancer center in January 2026 at Speros FL, its large new campus on State Road 52 in Pasco County. The campus is planned as a long-term life sciences and medical hub expected to bring substantial employment to the area.
What it may mean for the marketA large new medical and life sciences campus is a long-term employment anchor for central Pasco, a structural demand driver for housing in the surrounding area. The site is about 9 miles southwest of Grovewood Estates.
Source: WUSF - January 2026Development
Flagship breaks ground on 46,000-square-foot Wiregrass Ranch Medical Pavilion in Wesley Chapel
Flagship Healthcare Properties broke ground in January 2026 on a 46,000-square-foot medical pavilion at Wiregrass Ranch in Wesley Chapel, adding outpatient medical space to the growing State Road 56 corridor.
What it may mean for the marketAdded outpatient medical space along the State Road 56 corridor deepens healthcare access and professional employment in Wesley Chapel, an amenity factor that can support nearby housing demand. The project is about 14 miles south of Grovewood Estates, elsewhere in Pasco County.
Source: HCO News
Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.
Frequently Asked Questions
How many homes are in Grovewood Estates?
What share of Grovewood Estates is owner-occupied?
When were the homes in Grovewood Estates built?
Who is the best real estate agent for Grovewood Estates?
How do I find a top Land O Lakes real estate agent who knows Grovewood Estates?
Can Momentum Realty connect me with an agent for Grovewood Estates?
Where is Grovewood Estates, and what county is it in?
Should you buy in Grovewood Estates?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | Stellar MLS, refreshed twice daily (last: October 14, 2026) |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (2 streets, ZIP 34638)) |
| Under-contract shares | Stellar MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2014 (18 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 local comps.
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Schools serving nearby communities
We do not have a confirmed school assignment for Grovewood Estates. These are the public schools most often assigned to other communities in ZIP 34638; zones change and vary by address, so confirm with the district before you buy.
- Connerton Elementary School · Elementary · FLDOE grade A (assigned to 2 nearby communities)
- Pine View Middle School · Middle · FLDOE grade A (assigned to 2 nearby communities)
- Land O' Lakes High School · High · FLDOE grade A (assigned to 2 nearby communities)
Assignments from district data for neighboring communities; grades are official Florida Department of Education school grades (2025-26).
Nearby Communities
Explore more neighborhoods near Grovewood Estates with Momentum Realty’s local guides.