Waterstone 40Mu
Homes for Sale in Groveland, FL

Waterstone 40Mu market snapshot (as of September 12, 2026): the median sale price is about $369K ($155 per sq ft over the trailing 12 months of closed sales), and a median 45 days on market for closed sales.

In ZIP 34736 (Groveland), 770 homes closed in the last 12 months at a median of $372K ($190/sq ft), down 2.4% year over year, with a median 43 days on market. Right now 72 active and 21 pending listings put supply at about 4.2 months — a balanced market. See the live ZIP 34736 housing market and the Lake County market.

Stellar MLS sales records identify 14 homes in Waterstone 40Mu that have changed hands since 2025, built between 2025 and 2026 (median 2025), with a median living area of about 2,498 sq ft and a typical 4-bedroom, 3-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.

Waterstone sits in Groveland, Lake County, with pricing and pace that read as a mid-market, moderately paced community rather than a fast-turnover or luxury-tier one.

With only 14 recent closings feeding this snapshot, Waterstone is best understood as a smaller, quieter corner of the Groveland market. The median price of $369,203 and per-square-foot figure of $154.81 suggest homes here are valued largely on their own condition and layout rather than on a defined amenity draw — current MLS listings show none identified, which is worth noting rather than glossing over.

The median 44.5 days on market is the more telling figure for anyone timing a purchase or sale. It's neither a fire-sale pace nor a stalled one — it reads as a market where correctly priced homes move in a predictable window, and overpriced ones sit long enough to need a correction.

In a community with a limited closing sample and no stated amenity package, pricing strategy and comp selection carry more weight than usual. We work from the actual MLS data for Waterstone rather than broad Groveland averages, so sellers price against real comparables and buyers know when a list price is out of step with what's actually closing.

Listings in this community report association dues of about $112 per month ($1,344 a year) — the median AssociationFee across 36 MLS records, normalised to a monthly figure; most are billed monthly. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-09.

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