Shearwater Estates
Homes for Sale in Mascotte, FL
All 45 homes for sale in Mascotte, FL · median $330,000 · 45 homes for sale in 34753 · Lake County homes for sale
True comps, carrying-cost math, and listings before the portals.
As of November 2026, Shearwater Estates in Mascotte, FL has 4 homes for sale and 1 pending, asking from $283,500 to $309,990 (median $297,450). Homes listed or recently sold were built 2007 - 2019; 12 of 12 report an HOA (median $60/mo); 1 of the 10 geocoded homes sit in a FEMA special flood hazard zone (median elevation 142 ft).
Homes For Sale Right Now in Shearwater Estates
Live MLS inventory for Shearwater Estates. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.
Active and pending Shearwater Estates listings as of 2026-11-04, priced high to low. Based on Stellar MLS data distributed by MLS GRID for the period 2008 through 2026. Tap any home to ask about it.
Price here is driven by condition and square footage, not location premiums. With a median living area right around 2,000 square feet and a median build year of 2018, this is a newer-construction community where homes are close enough in age and size that condition and updates separate the asking prices. The median sits at $330,000, or roughly $142 per square foot, and the spread you see in the market tracks back to how a given home has been kept.
The posture is genuinely balanced: about 5.1 months of supply, only 3 active listings, and a median 12 days on market. That short days-on-market number tells sellers that a well-priced home moves quickly, but the year-over-year figure is down 17.5%, so pricing to last year's comps is a mistake. Buyers have room to be deliberate without the frenzy of a seller's market; sellers should price to the current snapshot, not memory.
Figures in this note are as of October 26, 2026. The live market numbers elsewhere on this page update nightly and are newer.
Shearwater Estates right now
🟡 Balanced market. 5.1 months of supply and 0% of the inventory already under contract put buyers and sellers on roughly even footing.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Stellar MLS records, as of September 20, 2026. Confidence: Medium (3 active and pending listings, 5 closed sales in 12 months).
🔴 Off the recent peak. The trailing-12-month median ($330K) is down 17.5% from the prior 12 months ($400K). With about 4 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Stellar MLS closed sales, 12-month windows ending September 20. Confidence: Low (5 and 3 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated November 14, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Shearwater Estates market snapshot (as of September 20, 2026): the median sale price is about $330K ($142 per sq ft over the trailing 12 months of closed sales), a median 12 days on market for closed sales, and 5.1 months of supply, a balanced market. The trailing-12-month median is down 18% from the prior 12 months, computed from record-level Stellar MLS closed sales (5 closings in the current window).
In ZIP 34753 (Mascotte), 62 homes closed in the last 12 months at a median of $336K ($184/sq ft), down 4.5% year over year, with a median 33 days on market. Right now 7 active and 1 pending listings. See the live ZIP 34753 housing market and the Lake County market.
County records show 4 qualified sales in Shearwater Estates across 2024 - 2025 (3 in 2024, 1 in 2025), median $355,000 - the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
Flood zones in Shearwater Estates: of 9 listing addresses checked against the FEMA National Flood Hazard Layer, 89% sit outside the FEMA Special Flood Hazard Area (Zone X); 11% are in an A-series high-risk zone where flood insurance is required with a federally backed mortgage. Individual parcels vary - verify any specific address at msc.fema.gov.
Shearwater Estates is a community of 117 homes in Mascotte, Lake County, built between 2007 and 2019 (median 2018), with a median living area of about 1,999 square feet. 82% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Shearwater Estates is a gated, newer-construction pocket in Mascotte, Lake County, with 117 homes built between 2007 and 2019. Inventory is thin, turnover is quick, and the owner-occupied share is high at roughly 82%.
The setting & the homes.
Aerial and on-site photos of Shearwater Estates. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
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Shearwater EstatesPhotos from Stellar MLS listings in Shearwater Estates; content deemed reliable but not guaranteed.
Who Shearwater Estates is best for.
Best for
- Buying newer construction in a gated community without guard-staffed amenities
- Buyers who value a stable, owner-occupied setting and are patient enough to wait for the right listing
- Buying to hold in a balanced market rather than chasing a short-term flip
Probably not for
- Needing a broad set of homes to compare at any given time
- Expecting resort-style or extensive community amenities beyond gated access and secured parking
- Shopping for an older or larger-than-median home, which this consistent newer stock rarely offers
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 20 of each year, from record-level Stellar MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($330K) IS the median in the snapshot above, and the move from 2025 ($400K) IS the -17.5% one-year change.
Windows contain 0 to 22 sales each (5 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on Stellar MLS data distributed by MLS GRID for the period 2008 through 2026. Deemed reliable but not guaranteed.
The real cost & risk here
Before the list price, the Florida math the portals skip. These are Lake County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Lake County scorecard.
County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.
17% of homes for sale in ZIP 34753 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-11-14).
SHEARWATER ESTATES Market Scorecard
SHEARWATER ESTATES is currently a buyer's market. About 6.9 months of supply, a median asking price of $297,450, and homes go under contract in about 40 days.
Typical home value in the 34753 ZIP is $319,875, about 20.0% below the Florida norm (Zillow Home Value Index).
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: Stellar MLS, distributed by MLS GRID, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.
Shearwater Estates on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from Stellar MLS. Map data © OpenStreetMap contributors.
Life at Shearwater Estates
- Gated Community - No Guard · reported on 3 of 5 listings
- Gated Community · reported on 2 of 5 listings
- Secured Garage/Parking · reported on 1 of 5 listings
Community amenities as reported across Stellar MLS listings in this community; deemed reliable but not guaranteed. Verify current amenities and access with the HOA.
Recent Developments in Shearwater Estates
Development, infrastructure, retail, and school activity affecting Shearwater Estates, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated November 2026.
- October 2026Parks & Amenities
Groveland takes ownership of historic downtown train depot
The city now owns its 101-year-old downtown depot after nearly 20 years of effort and has budgeted $500,000 for a first restoration phase starting in 2027. Long-term plans include an event space, a brick plaza, a downtown gateway and links to nearby trails.
What it may mean for the marketA restored depot and plaza would add a public gathering space and trail connection to downtown Groveland. The project is about 8 miles west of Shearwater Estates, elsewhere in Lake County.
Source: ClickOrlando (WKMG) - October 2026Retail & Dining
Pinsa Fire plans Roman-style pinsa restaurant on West Main Street in Leesburg
State permit records show Pinsa Fire planning a restaurant at 404 W. Main St., with the owner targeting a spring 2027 opening. It would be the concept's second location, after Clermont, and its first in Lake County's Leesburg.
What it may mean for the marketA new independent restaurant would add a dining option in downtown Leesburg by spring 2027. The project is about 21 miles northwest of Shearwater Estates, elsewhere in Lake County.
Source: What Now Orlando - October 2026Civic
Eustis weighs land-use change for waterfront Community Center as second redevelopment offer arrives
The city proposes changing the 601 Northshore Drive Community Center parcel from Public Institution to Commercial Business District, with first-reading hearings set for Nov. 5. A roughly $70 million Aquilo Waterfront District concept with a boutique hotel, residences and restaurants is under review, and the city confirmed a second proposal. No sale or developer selection has been approved.
What it may mean for the marketA commercial designation on the Lake Eustis waterfront could open the door to hotel, dining and housing uses downtown, while any change to Community Center access remains undecided. The project is about 22 miles north of Shearwater Estates, elsewhere in Lake County.
Source: ClickOrlando (WKMG) - September 2026Development
Lake County approves 2,241-acre Panther Run rezoning for up to 2,624 homes near Clermont
The Lake County Commission voted 3-1 on Sept. 1 to rezone about 2,241 acres in the Wellness Way area, north of Sawgrass Bay Boulevard, for GT Homes. The planned unit development allows up to 2,624 residential units and more than 1 million square feet of non-residential space, with sites reserved for a future public high school and public safety facilities. Plans include extending County Road 455 and about 11 miles of public trails.
What it may mean for the marketThe plan adds long-term housing supply, employment space and new connector roads in south Lake County, with infrastructure planned ahead of residential growth. The site is about 8 miles south of Shearwater Estates.
Source: Clermont Sun - August 2026Parks & Amenities
Lake County approves buying 11 miles of CSX rail corridor for Wekiva Trail extension
Lake County commissioners voted to buy an 11-mile CSX rail corridor to extend the Wekiva Trail from Sorrento toward Mount Dora, Eustis and Leesburg. Property costs exceed $20 million, funded by the Lake Forever bond, an expected Florida Communities Trust grant and other sources. The final purchase agreement waits on the outcome of the November property tax amendment.
What it may mean for the marketA continuous trail linking Sorrento, Mount Dora, Eustis and Leesburg would add recreation and non-car connections across north Lake County. The project is about 21 miles northeast of Shearwater Estates, elsewhere in Lake County.
Source: Spectrum News 13 - March 2025Development
Lake County approves rezoning for the Wolf Branch Innovation District near Mount Dora
Lake County approved a rezoning for the Wolf Branch Innovation District, a large mixed-use employment district planned near Mount Dora and State Road 46, clearing the way for a long-term jobs and commercial hub in east Lake County.
What it may mean for the marketA large new employment and mixed-use district near Mount Dora points to long-term job growth in east Lake County, a structural demand driver for housing in the surrounding area. The project is about 20 miles north of Shearwater Estates, elsewhere in Lake County.
Source: GrowthSpotter
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.
The Shearwater Estates buying strategy.
If we were buying in Shearwater 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 Shearwater Estates.
A newer, gated pocket in Lake County
The housing stock is tight in range: nearly all of it was built between 2007 and 2019, with the median home dating to 2018. That consistency matters. You are largely shopping newer construction with a median footprint near 2,000 square feet, so the variable isn't era or style so much as how well a particular house has been maintained and updated.
The community is gated without a guard, and listings report secured garage/parking. A homestead share around 82% points to a community held mostly by owner-occupants rather than short-term holders, which tends to support steadier upkeep. Verify current amenities, access, and any HOA details directly with the association before you write an offer.
The location and the amenities are priced into every listing in Shearwater Estates. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Shearwater Estates buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 4 factors (5.7). Basis: Recent Direction -17.5% year-over-year; Liquidity & Demand 5.1 months of supply; Owner Commitment 82% owner-occupied; Pricing Power 97.4% sale-to-list. Refreshed with each data update.
Why work with Momentum here
With only 3 active listings and quick turnover, the hard part here is timing and reading condition against price. We track what actually closes in this community, not last year's numbers, so we can tell you whether a listing is priced to the current market or to a peak that no longer exists. For sellers, that means pricing to move in a balanced market; for buyers, it means knowing which home is worth the 12-day race and which is overreaching.
Shearwater Estates in 15 seconds.
Tools for a Shearwater 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 Shearwater Estates sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Shearwater 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 Shearwater Estates home worth?
Get a no-obligation home value based on real comparable sales in Shearwater 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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Recently off market in Shearwater Estates
Homes in Shearwater Estates that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 2 on record.
- 15623 Merlin Avenue · off market
- 15824 Surfbird Court · off market
Last 30 days in Shearwater Estates: 2 new listings (median asking $302,495), 1 under contract right now. As of November 12, 2026, Listings courtesy of Stellar MLS as distributed by MLS GRID.
| Location | Mascotte, Lake County, FL · ZIP 34753 |
|---|---|
| Homes in the community | 117 (FL DOR 2025 assessment roll) |
| Years built | 2007–2019 (median 2018) |
| Typical living area | 1,999 sq ft (median) |
| Home types (current listings and sales) | single-family 100% |
| Amenities listed by sellers | Gated Community - No Guard, Gated, Gated Community, Deed Restrictions, Fire Alarm, Gated Community - Guard |
| For sale right now | 4 active, 1 pending · median asking $297,450 · 6.9 months of supply |
| Owner-occupied (homestead) share | 82% |
Data as of November 13, 2026. Based on Stellar MLS data distributed by MLS GRID for the period 2022 through 2026; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Shearwater Estates key facts,” movewithmomentum.com/neighborhoods/shearwater-estates-mascotte, data as of November 13, 2026.
Housing distress & ownership in Shearwater Estates, Mascotte
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 November 2026 through November 2026. Deemed reliable but not guaranteed.
Just listed in Shearwater Estates
The newest homes for sale in Shearwater Estates right now, newest first. Each link opens the full listing with every photo, the price history and a tour request.
- 15679 Merlin Avenue $309,990 · 3 bd · 2 ba · 1,650 sq ft · listed Nov 12, 2026 Courtesy of ELITE EVOLUTION PROPERTIES
- 15409 Ivory Gull Lane $299,900 · 3 bd · 2 ba · 1,675 sq ft · listed Aug 26, 2026 Courtesy of FLORIDA REALTY INVESTMENTS
- 15725 Pine Siskin Loop $283,500 · 3 bd · 2 ba · 1,675 sq ft · listed Aug 21, 2026 Courtesy of EZ CHOICE MLS, INC
Checked against the MLS nightly. All new listings in this market.
Every Home for Sale in Shearwater Estates Right Now (5)
All 5 active and pending Shearwater Estates listings with a detail page, newest first, refreshed twice a day from the MLS.
- 15679 Merlin Avenue · $309,990 · 3 bd / 2 ba · listed Nov 11, 2026 · listed by Elite Evolution Properties
- 15544 Merlin Avenue · $295,000 · 3 bd / 2 ba · listed Nov 11, 2026 · listed by Optima One Realty, Inc.
- 15849 Surfbird Court · $350,000 · 4 bd / 3.5 ba · pending · listed Oct 18, 2026 · listed by Sunny Home Realty
- 15409 Ivory Gull Lane · $299,900 · 3 bd / 2 ba · listed Aug 29, 2026 · listed by Florida Realty Investments
- 15725 Pine Siskin Loop · $283,500 · 3 bd / 2 ba · listed Aug 20, 2026 · listed by Ez Choice Mls, Inc
More Mascotte home searches
- All homes for sale in Mascotte, FL
- Homes for sale in Lake County, FL
- Mascotte home values: what is my house worth?
- ZIP 34753 housing scorecard
- 11 coming-soon communities in Lake County
Mascotte guides & data
- Market data
- Cost of living
- Best neighborhoods
- Property taxes (Lake County)
- Homestead exemption (Lake County)
- Home insurance cost
- New construction
- New construction (Lake County)
Florida buyer guides
- Florida home insurance rates by county
- Florida property tax by county
- Florida property tax calculator
- What flood zone X means
- The 4-point inspection, explained
- Florida flood insurance calculator
- Florida housing market map
- Interactive housing market map (county, ZIP and community)
- Save Our Homes tax estimator
- How to stop a foreclosure in Florida
- Florida documentary stamp tax, explained
- Cheapest places to live in Florida
Streets in this community
Street-level pages: every home on record, what sold and what is for sale on each street.
- Merlin Avenue (19 homes on record)
- Merlin Avenue (4 homes on record)
- Merlin Avenue (1 homes on record)
What it really costs to own in Shearwater Estates
The parts of the monthly number a mortgage calculator leaves out, from the tax roll, the MLS, Citizens and FEMA. Property facts only.
| HOA dues | Median $60/month across 10 MLS listings (most billed monthly; 2026-11-14). Dues cover what the documents say they cover; ask for the budget and reserve study. |
|---|---|
| Home and flood insurance | The average Citizens Property Insurance premium in Lake County is $1,756/yr (3,500 policies, Citizens detail by county, April 2026); private-market quotes depend on roof age, wind mitigation and construction. Flood: of 9 listing addresses checked against the FEMA flood map, 89% sit outside the high-risk zone and 11% inside one, where flood insurance is required with a federally backed mortgage. Statewide, a Zone X flood policy runs about $500-$700/yr and a high-risk zone $1,200-$2,500/yr (FEMA Risk Rating 2.0 averages, not quotes). |
| Roof and age | Median build year 2018 across 12 listings. An original roof here is about 8 years old: still inside the 15-year window Florida carriers use, but ask for the roof's permit date before you bind coverage. |
Email me new listings in Shearwater Estates
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 Shearwater Estates
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Shearwater Estates will answer, and the answer is published on this page for the next buyer.
Frequently Asked Questions
What is the median home price in Shearwater Estates?
How long do homes in Shearwater Estates take to sell?
Is Shearwater Estates a buyer's or seller's market right now?
How many homes are in Shearwater Estates?
What share of Shearwater Estates is owner-occupied?
When were the homes in Shearwater Estates built?
Who is the best real estate agent for Shearwater Estates?
How do I find a top Mascotte real estate agent who knows Shearwater Estates?
Can Momentum Realty connect me with an agent for Shearwater Estates?
Where is Shearwater Estates, and what county is it in?
Should you buy in Shearwater 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: November 4, 2026) |
| Community market stats | Stellar MLS closed sales, 12-month windows ending September 20, 2026 |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (3 streets, ZIP 34753)) |
| Under-contract shares | Stellar MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2008 (44 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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