Lake Emma Estates
Homes for Sale in Groveland, FL

This is a low-turnover enclave of Groveland resale homes built mostly in the early 1990s, with a handful of newer construction mixed in through 2022, on lots without a shared amenity package identified in current MLS data.

Stellar MLS sales records identify 13 homes in Lake Emma Estates that have changed hands since 2005, built between 1987 and 2006 (median 1993), with a median living area of about 2,122 sq ft and a typical 3-bedroom, 2-bath layout; 100% 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.

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.

Lake Emma Estates 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), 763 homes closed in the last 12 months at a median of $372K ($190/sq ft), down 1.3% year over year, with a median 43 days on market. Right now 72 active and 23 pending listings put supply at about 4.5 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 Lake Emma Estates specifically. Momentum Research analysis of MLS records.

The homestead share here sits at 63.6%, a meaningful majority of owner-occupied filings for a community this size. That pattern typically correlates with longer average hold times and fewer homes cycling onto the market in a given year - which lines up with the single active listing against a base of 22 total homes. Buyers should expect to wait for the right listing rather than shop a rotating pool.

Median living area lands at 2,159 square feet on homes with a median year built of 1993, spanning original construction from 1987 up through 2022. That range means the housing stock is not uniform - some buyers will be looking at three-decade-old homes needing updates, others at near-new construction on the same street. Condition, not just square footage, will do most of the work in explaining price differences from one listing to the next.

With inventory this thin, timing and access matter more than usual - a single listing can define the market for months. Momentum tracks new listings and off-market activity in Lake County closely enough to flag movement here before it sits on a public portal, and can help a buyer or seller calibrate expectations against a data set this small without overreading it.

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