LAKE EMMA ESTATES
Homes for Sale in GROVELAND, FL
True comps, carrying-cost math, and listings before the portals.

Lake Emma Estates Groveland is a small, established pocket of Lake County housing stock — 22 homes total, with only a single active listing at last count. That thin inventory means pricing signals here are read one transaction at a time rather than off a deep comparable set, so any buyer or seller should treat community-wide averages as directional, not precise.
The 12-month supply reading puts this in buyer-leaning territory, but with just one home on the market that math is more a function of low turnover than a flood of choices. A seller with a well-presented, updated home has real leverage simply because there is so little else to compete against; a buyer has time to be selective but should not expect a wide menu of options to choose from.
The 60-Second Overview
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.
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.
The setting & the homes.
Aerial and on-site photos of LAKE EMMA ESTATES. Swipe to explore the community.
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Who LAKE EMMA ESTATES is best for.
Best for
- Buyers set on a specific Groveland location who can move decisively when the one available listing fits their needs.
- Buyers comfortable purchasing an established 1990s-era home and budgeting for updates over time.
- Buyers who prefer a lower-turnover setting without a shared community amenity package.
Probably not for
- Buyers who want to tour and compare multiple active listings before making an offer.
- Buyers specifically seeking HOA-managed community amenities, since none are identified here.
- Buyers on a tight timeline who cannot wait for the next listing to surface in this small inventory.
The market around LAKE EMMA ESTATES
LAKE EMMA ESTATES is a small community — 23 recorded sales on file, most recently in 2025 — too few for its own price trend. Here is the market around it.
In ZIP 34736, 300 homes are on the market and 27% are under contract — a steady corner of GROVELAND.
Across Lake County, 3,224 homes are active and 1,105 pending (26% under contract).
Homes here are single family residence.
ZIP and county figures describe the wider market, not LAKE EMMA ESTATES specifically. Momentum Research analysis of MLS records.
The LAKE EMMA ESTATES buying strategy.
If we were buying in LAKE EMMA 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 LAKE EMMA ESTATES.
A tight, owner-held pocket of Groveland
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.
The location and the amenities are priced into every listing in LAKE EMMA ESTATES. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
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.
LAKE EMMA ESTATES 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 LAKE EMMA 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 LAKE EMMA ESTATES sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in LAKE EMMA 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 LAKE EMMA ESTATES home worth?
Get a no-obligation home value based on real comparable sales in LAKE EMMA 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.
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LAKE EMMA ESTATES Market Scorecard
LAKE EMMA ESTATES is currently a strong buyer's market. About 12.0 months of supply, a median asking price of $499,000, and homes go under contract in about 182 days.
Go deeper: county scorecard · true cost calculator · affordability calculator.
Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.
Frequently Asked Questions
How many homes are in LAKE EMMA ESTATES?
What share of LAKE EMMA ESTATES is owner-occupied?
When were the homes in LAKE EMMA ESTATES built?
Who is the best real estate agent for LAKE EMMA ESTATES?
How do I find a top GROVELAND real estate agent who knows LAKE EMMA ESTATES?
Can Momentum Realty connect me with an agent for LAKE EMMA ESTATES?
Should you buy in LAKE EMMA ESTATES?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near LAKE EMMA ESTATES with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | Stellar MLS, refreshed twice daily (last: August 2, 2026) |
| Housing stock & ownership | Florida DOR 2025 assessment roll (community parcel extract) |
| Under-contract shares | Stellar MLS records, as of 2026-08-01 |
| Historical depth | Closed-sale records back to 2006 (6 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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