Waterstone 40Mu
Homes for Sale in Groveland, FL

Community in Groveland · Lake County
Median sale $369K
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True comps, carrying-cost math, and listings before the portals.

Built fromLive Stellar MLS data1 years of closingsUpdated twice daily
Live · Waterstone 40Mu Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$369K
Median sold · 12 mo
$155/sf
Sold $/sqft · 12 mo
peak $155 in 2026
97.6%
Sale vs ask
Lake median: 95.7%
Tempo
45days
Median DOM · closed
45 days at the 2026 low
14
Sold · last 12 mo
10-yr average: about 7 a year
Ownership and context
0%
Cash buyers · Waterstone 40Mu
0 of 14 sales, 12 mo ending June 2026
Track record · 1 years of records
2,498sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Waterstone's numbers right now are driven by a small, tight dataset — 14 closings is enough to read a trend but not enough to treat any single number as gospel. The median price of $369,203 and price per square foot of $154.81 point to a community priced in the mid-range for Groveland, with value tied more to individual home condition and size than to any shared amenity package or view premium.

A median of just over six weeks on market (44.5 days) signals a steady, unhurried pace rather than a bidding-war environment. For a seller, that means pricing accurately from day one matters more than testing the market high. For a buyer, it means there's room to negotiate and less pressure to waive contingencies just to compete.

The 60-Second Overview

Waterstone 40Mu market snapshot (as of July 15, 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.

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.

Best for

  • Buyers prioritizing home condition and layout over community amenities.
  • Buyers comfortable with a moderate, weeks-not-days closing timeline.
  • Sellers able to price accurately from listing day rather than testing the top of the market.

Probably not for

  • Buyers who need a resort-style or heavily programmed amenity community as a deciding factor.
  • Sellers expecting a fast, multiple-offer sale within days.
  • Buyers who want a large closed-sales history to lean on before committing.

If we were buying in Waterstone 40Mu 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 Waterstone 40Mu.

Best Buy
Buyers and sellers focused on the home itself rather than a shared amenity draw.
Biggest Risk
A small closing sample means any single data point can shift quickly as more sales close.
Sweet Spot
Homes priced close to the area's per-square-foot norm tend to move within the typical window.
Avoid If
You're expecting a defined amenity package as part of the value proposition.

What the numbers actually say

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.

The location and the amenities are priced into every listing in Waterstone 40Mu. 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 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.

Waterstone 40Mu in 15 seconds.

Best forBuyers and sellers focused on the home itself rather than a shared amenity draw.
Biggest advantageA moderate pace gives buyers room to negotiate and sellers time to price correctly.
Biggest riskA small closing sample means any single data point can shift quickly as more sales close.
Sweet spotHomes priced close to the area's per-square-foot norm tend to move within the typical window.
Avoid ifYou're expecting a defined amenity package as part of the value proposition.

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 Waterstone 40Mu sales matched to your home.

What is your Waterstone 40Mu home worth?

Get a no-obligation home value based on real comparable sales in Waterstone 40Mu, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See homes for sale in Waterstone 40Mu on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Waterstone 40Mu?
The median sale price in Waterstone 40Mu was $369K over the 12 months ending July 15, 2026 (14 closed sales, Stellar MLS).
How long do homes in Waterstone 40Mu take to sell?
Homes that closed in the 12 months ending July 15, 2026 took a median 45 days on market (14 sales, Stellar MLS).
Do cash buyers compete in Waterstone 40Mu?
Cash buyers took 0% of Waterstone 40Mu sales in the 12 months ending June 2026 (0 of 14 closings, Stellar MLS).
Who is the best real estate agent for Waterstone 40Mu?
The best agent for Waterstone 40Mu 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 Waterstone 40Mu.
How do I find a top Groveland real estate agent who knows Waterstone 40Mu?
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 Waterstone 40Mu and the wider Groveland area.
Can Momentum Realty connect me with an agent for Waterstone 40Mu?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Waterstone 40Mu purchase or sale - no call center and no pressure.
Buyers prioritizing home condition and layout over community amenities.Excellent fit
Buyers comfortable with a moderate, weeks-not-days closing timeline.Excellent fit
Sellers able to price accurately from listing day rather than testing the top of the market.Excellent fit
Buyers who need a resort-style or heavily programmed amenity community as a deciding factor.Probably not
Sellers expecting a fast, multiple-offer sale within days.Probably not
Buyers who want a large closed-sales history to lean on before committing.Probably not

Data sources & freshness

Community market statsStellar MLS closed sales, 12-month windows ending July 15, 2026
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2025 (14 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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