Waterside At Estates At Cherry Lake
Homes for Sale in Groveland, FL

Community in Groveland · Lake County
124 homesBuilt 2020–2023
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Built fromLive Stellar MLS data5 years of closingsFL DOR public recordsUpdated twice daily
Live · Waterside At Estates At Cherry Lake Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Ownership and context
83%
Owner-occupied · Waterside At Estates At Cherry Lake
103 of 124 parcels homesteaded (FL DOR 2025)
17%
Non-owner-occupied · Waterside At Estates At Cherry Lake
incl. 1% trust or LLC-held · 2% out-of-state
0%
Cash buyers · Waterside At Estates At Cherry Lake
0 of 3 sales, 12 mo ending June 2021
124
Homes in the community
124 residential parcels (FL DOR 2025)
Track record · 5 years of records
Est. 2020
Community established
homes built 2020-2023, median 2020 (FL DOR 2025)
0
Failed listings · 2023
peaked at 1 in 2023
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Waterside at Estates at Cherry Lake is a tight, recent-vintage pocket in Groveland — 124 homes, all built between 2020 and 2023, with a median year built of 2020. That means almost everything on the market here is still under, or just past, its original builder warranty window, and the housing stock is uniform enough that condition and floor plan drive price more than age or deferred maintenance.

The homestead share sits at 83.1%, which tells you most owners here are living in the home rather than renting it out or holding it as a second property. For a buyer, that generally means fewer investor-owned units cycling through and a market that behaves more like a stable resale neighborhood than a landlord-driven one. For a seller, it means your comps are mostly other owner-occupants, so pricing tends to track condition and layout rather than rent-driven investor math.

Best for

  • A buyer looking for a newer-construction home and wanting to avoid the maintenance list that comes with older housing stock.
  • A buyer prioritizing a stable, primarily owner-occupied street over a heavily rental or investor-mixed community.
  • A buyer comfortable with a mid-size home footprint (roughly 2,274 square feet median) and no built-in community amenity package.

Probably not for

  • A buyer whose priority is a resort-style amenity package — pools, clubhouse, organized recreation — since none is identified here.
  • An investor seeking a high-turnover rental pool, given the community's high owner-occupancy share.
  • A buyer who wants a range of architectural eras or price points to choose from; this community is a single, narrow build window.

The market around Waterside At Estates At Cherry Lake

Waterside At Estates At Cherry Lake is a small community — 1 recorded sale on file, most recently in 2023 — too few for its own price trend. Here is the market around it.

Across Lake County, 3,176 homes are active and 1,107 pending (26% under contract).

The housing mix here is 80% single family residence, 20% ?.

ZIP and county figures describe the wider market, not Waterside At Estates At Cherry Lake specifically. Momentum Research analysis of MLS records.

If we were buying in Waterside At Estates At Cherry Lake 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 Waterside At Estates At Cherry Lake.

Best Buy
Buyers who want a recently built home in Groveland without an older-neighborhood retrofit list.
Biggest Risk
No identified community amenities means you are buying the house alone, not a lifestyle package.
Sweet Spot
Owner-occupant buyers targeting a mid-size floor plan in a low-turnover, primarily owner-occupied community.
Avoid If
You want a clubhouse, pool, or trail system as part of the deal — this community doesn't advertise one.

A young community with no listed amenities

Current MLS listings show no identified community amenities for Waterside at Estates at Cherry Lake. That is a meaningful fact for anyone comparing this community to nearby master-planned neighborhoods that lead with clubhouses, pools, or trail systems — this one doesn't appear to offer that layer, at least not as something agents are marketing. Buyers here are paying for the home and the lot, not a shared amenity package, which can mean lower HOA obligations but also fewer built-in gathering spaces.

With every home built between 2020 and 2023, the community skews toward current construction codes, modern systems, and floor plans typical of that build window. There isn't a mix of decades to sort through — the variable buyers need to evaluate is which specific plan and lot within that narrow build range fits their needs, since the homes themselves are more alike than different.

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

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a community this uniform in age, the differences that matter are subtle — builder-grade finishes, lot orientation, and which floor plans are holding value versus which are sitting. We track what is actually closing inside Waterside at Estates at Cherry Lake, not just what is listed, so you are not guessing at fair value in a neighborhood with limited resale history to lean on.

Waterside At Estates At Cherry Lake in 15 seconds.

Best forBuyers who want a recently built home in Groveland without an older-neighborhood retrofit list.
Biggest advantageConsistent construction era means fewer surprises on systems and code compliance across the community.
Biggest riskNo identified community amenities means you are buying the house alone, not a lifestyle package.
Sweet spotOwner-occupant buyers targeting a mid-size floor plan in a low-turnover, primarily owner-occupied community.
Avoid ifYou want a clubhouse, pool, or trail system as part of the deal — this community doesn't advertise one.

HOA, CDD & Fees

In short
  • 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.

The takeaway

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

What is your Waterside At Estates At Cherry Lake home worth?

Get a no-obligation home value based on real comparable sales in Waterside At Estates At Cherry Lake, 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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Real comps, not an automated estimate.

Frequently Asked Questions

How many homes are in Waterside At Estates At Cherry Lake?
The Florida DOR 2025 assessment roll shows 124 homes in Waterside At Estates At Cherry Lake (public records).
What share of Waterside At Estates At Cherry Lake is owner-occupied?
83% of Waterside At Estates At Cherry Lake parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Waterside At Estates At Cherry Lake built?
Homes in Waterside At Estates At Cherry Lake were built between 2020 and 2023, with a median year built of 2020 (FL DOR 2025 roll).
Do cash buyers compete in Waterside At Estates At Cherry Lake?
Cash buyers took 0% of Waterside At Estates At Cherry Lake sales in the 12 months ending June 2021 (0 of 3 closings, Stellar MLS).
Who is the best real estate agent for Waterside At Estates At Cherry Lake?
The best agent for Waterside At Estates At Cherry Lake is one who actively works Groveland and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Waterside At Estates At Cherry Lake.
How do I find a top Groveland real estate agent who knows Waterside At Estates At Cherry Lake?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Waterside At Estates At Cherry Lake and the wider Groveland area.
Can Momentum Realty connect me with an agent for Waterside At Estates At Cherry Lake?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Waterside At Estates At Cherry Lake purchase or sale - no call center and no pressure.
A buyer looking for a newer-construction home and wanting to avoid the maintenance list that comes with older housing stock.Excellent fit
A buyer prioritizing a stable, primarily owner-occupied street over a heavily rental or investor-mixed community.Excellent fit
A buyer comfortable with a mid-size home footprint (roughly 2,274 square feet median) and no built-in community amenity package.Excellent fit
A buyer whose priority is a resort-style amenity package — pools, clubhouse, organized recreation — since none is identified here.Probably not
An investor seeking a high-turnover rental pool, given the community's high owner-occupancy share.Probably not
A buyer who wants a range of architectural eras or price points to choose from; this community is a single, narrow build window.Probably not

Data sources & freshness

Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (2 streets, ZIP 34736))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2021 (5 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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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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