Sunrise
Homes for Sale in Groveland, FL

Sunrise Ph 3 is a compact Groveland community of 78 homes where the typical residence is recent construction — the median year built is 2022 — set against a small number of considerably older homes on the same rolls.

Stellar MLS sales records identify 6 homes in Sunrise that have changed hands since 2020, built between 1962 and 2023 (median 2020), with a median living area of about 2,094 sq ft and a typical 4-bedroom, 2-bath layout; 83% 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.

Sunrise is too small for its own price trend, so here is the market around it.

In ZIP 34731, 97 homes are on the market and 13% are under contract — a slower corner of Groveland.

Across Lake County, 3,179 homes are active and 1,077 pending (25% under contract).

In ZIP 34731 (Groveland), 90 homes closed in the last 12 months at a median of $296K ($172/sq ft), up 4.1% year over year, with a median 83 days on market. Right now 31 active and 10 pending listings put supply at about 5.9 months — a buyer's market. See the live ZIP 34731 housing market and the Lake County market.

ZIP and county figures describe the wider market, not Sunrise specifically. Momentum Research analysis of MLS records.

The math here is worth sitting with. A median year built of 2022 inside a range that stretches back to 1946 means most of the 78 homes are new-generation builds, but the community isn't uniformly new — a smaller number of much older homes are also part of the inventory. That spread matters when you're comparing listings: two homes in Sunrise Ph 3 can differ enormously in systems, finishes, and expected maintenance even if they're a few doors apart.

Living space runs to a median of 1,948 square feet, a size that generally suits a range of layouts without pushing into large-format territory. No community amenities are identified from current MLS listings, so this isn't a community selling on clubhouse or pool access — it's about the homes themselves. The homestead share of 70.5% reinforces that read: this is inventory that tends to get lived in, not flipped or held as a rental portfolio.

In a small, mixed-vintage community like this, the difference between a well-priced home and an overpriced one often comes down to correctly weighing age against the newer-built majority. We pull the actual comparables — not a blended average across a 78-year build span — so you know whether you're bidding on the community's norm or its exception.

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