Aerial view of Lake Deacon

Lake Deacon
Homes for Sale in Groveland, FL

Community in Groveland · Lake County · ZIP 34736
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Built fromLive Stellar MLS dataUpdated twice daily
Jon Brooks, founder of Momentum Realty
Jon's Current Read

This project has a long entitlement history behind it: rezoned in 2023, a preliminary plat in 2024, and the development agreement finally approved in March 2026, on a close 3-2 council vote, worth knowing since it signals the approval wasn't unanimous. That runway suggests the entitlements are real and largely settled, but site development hasn't started, so an actual construction and sales timeline still isn't public.

The 35-acre plan is townhome-heavy: 104 townhomes alongside just 6 detached single-family homes, with planned amenities limited to a dog park, three pocket parks, and a greenway trail across the northern end. Unit sizes, pricing, HOA, and CDD terms are all still unreleased, so this remains a project to track through its next milestone, site development starting, rather than one to price out yet.

The 60-Second Overview

Lake Deacon is a pre-construction townhome and single-family community from Highland Homes (Clayton Properties Group), co-owned with DW Partners, on 35 acres north of West Libby Road in Groveland. The Groveland development agreement cleared its final approval hurdle in March 2026 on a 3-2 vote, though site development has not yet begun.

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.

Best for

  • Buyers specifically interested in townhome product in Groveland, north of West Libby Road
  • Buyers comfortable tracking a project whose entitlements are approved but site development hasn't started
  • Buyers who want a dog park, pocket parks, and greenway trail once amenities are built out

Probably not for

  • Buyers who need pricing or unit sizes to plan a purchase now
  • Buyers who need a confirmed construction start or sales date
  • Buyers looking primarily for detached single-family — only 6 of 110 planned homes are single-family

Planned amenities as announced by the builder or developer. This community is new or pre-launch, so amenities may not be built yet; verify scope, timing and access with the builder and the HOA.

If we were buying in Lake Deacon 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 Lake Deacon.

Best Buy
Buyers targeting Groveland townhome product north of West Libby Road.
Biggest Risk
Site development has not started — pricing and unit sizes are still unreleased.
Sweet Spot
Not yet determinable — pricing has not been released.
Avoid If
You want detached single-family — only 6 of the 110 planned homes are single-family.

A long entitlement runway finally clears its last hurdle

Lake Deacon has moved through the entitlement process methodically: rezoned in 2023, a preliminary plat filed in 2024, and the Groveland development agreement approved in March 2026 on a 3-2 council vote. Highland Homes (Clayton Properties Group), co-owned with DW Partners, is the builder of record, but site development on the 35-acre parcel has not yet begun.

The planned mix is 104 townhomes plus 6 detached single-family homes, clearly townhome-heavy, sited north of West Libby Road. Amenities on the plan include a dog park, three pocket parks, and a greenway trail across the northern end of the site. Unit sizes, pricing, HOA dues, and CDD status remain unreleased. Lake County Schools zoning should be confirmed directly. Nearby comparable Groveland townhome product includes Waterstone and Shepherd's Landing.

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

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

The entitlement work here is essentially done, which means the next real milestone to watch is site development actually starting — we'll track that along with Highland Homes' pricing and unit-size release, and can compare whatever comes out against Waterstone and Shepherd's Landing, the closest established Groveland townhome product.

Lake Deacon in 15 seconds.

Best forBuyers targeting Groveland townhome product north of West Libby Road.
Biggest advantageEntitlements are approved and settled — rezoned 2023, agreement approved March 2026.
Biggest riskSite development has not started — pricing and unit sizes are still unreleased.
Sweet spotNot yet determinable — pricing has not been released.
Avoid ifYou want detached single-family — only 6 of the 110 planned homes are single-family.

HOA, CDD & Fees

In short
  • 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.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Lake Deacon sales matched to your home.

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Real comps, not an automated estimate.
Buyers specifically interested in townhome product in Groveland, north of West Libby RoadExcellent fit
Buyers comfortable tracking a project whose entitlements are approved but site development hasn't startedExcellent fit
Buyers who want a dog park, pocket parks, and greenway trail once amenities are built outExcellent fit
Buyers who need pricing or unit sizes to plan a purchase nowProbably not
Buyers who need a confirmed construction start or sales dateProbably not
Buyers looking primarily for detached single-family — only 6 of 110 planned homes are single-familyProbably not

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