Waterstone
Homes for Sale in Groveland, FL
All 248 homes for sale in Groveland, FL · median $399,900 · 8 townhomes for sale in Groveland · 216 homes for sale in 34736 · Lake County homes for sale
True comps, carrying-cost math, and listings before the portals.
As of September 2026, the MLS records 1 closed sale in Waterstone - Phase 1A Townhomes in Groveland, FL, the most recent in November 2025. Across Groveland as a whole, 320 homes closed in the last 12 months at a median of $372,690, 46 median days on market, with 71 homes for sale today. At that median and Lake County's FY2025-26 rate of 16.65 mills, annual property tax runs about $6,200 ($5,530 with the full homestead exemption).
Waterstone's Phase 1A section is a townhome product in Groveland, and current MLS data does not carry enough listing volume or sold history for this specific phase to support a reliable pricing pattern. That is not unusual for a single phase within a larger master community, particularly one still building out or turning over slowly. Anyone evaluating value here should treat the phase as its own micro-market rather than assuming it tracks Groveland townhome pricing broadly.
With no community amenities identified from current MLS listings, buyers should not assume clubhouse, pool, or recreational access is included with this phase specifically, even if the broader Waterstone community offers them elsewhere. Confirm what is and is not attached to Phase 1A directly through HOA documents rather than listing marketing.
Nearby homes for sale
No active listings inside Waterstone - Phase 1A Townhomes right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
Waterstone sits within the Waterstone community in Groveland, Lake County, and represents a specific attached-home phase rather than the master-planned community as a whole.
Stellar MLS sales records identify 139 homes in Waterstone that have changed hands since 2025, built between 2025 and 2026 (median 2025), with a median living area of about 1,853 sq ft and a typical 4-bedroom, 2.5-bath layout; 71% 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.
Who Waterstone is best for.
Best for
- A buyer who wants an attached home in Groveland and is comfortable doing direct HOA due diligence.
- Someone prioritizing lower exterior upkeep over confirmed amenity access.
- A buyer already familiar with the broader Waterstone community who wants a specific phase within it.
Probably not for
- A buyer who is choosing a community primarily for a specific amenity package, since none is confirmed for this phase.
- Someone unwilling to verify HOA and phase-specific details before making an offer.
- A buyer expecting the same features across every Waterstone phase without checking documentation.
The market around Waterstone
Waterstone is too small for its own price trend, so here is the market around it.
In ZIP 34736, 326 homes are on the market and 27% are under contract — a steady corner of Groveland.
Across Lake County, 3,179 homes are active and 1,077 pending (25% under contract).
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.
ZIP and county figures describe the wider market, not Waterstone specifically. Momentum Research analysis of MLS records.
The Waterstone buying strategy.
If we were buying in Waterstone 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 Waterstone.
A phase, not the whole picture
Phase 1A is a defined slice of Waterstone, and it is important to separate what applies to this phase from what may be true of the larger community. Amenities, HOA structure, and even architectural guidelines can differ from phase to phase within a single master plan, and current MLS data for this segment does not identify community amenities tied specifically to Phase 1A.
That does not mean amenities do not exist nearby or through a master association — only that they are not confirmed from the listing data available. Buyers interested in this phase should request the specific HOA documents and amenity agreements that apply to Phase 1A before assuming parity with other Waterstone sections.
The location and the amenities are priced into every listing in Waterstone. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
A phase-specific product like this rewards someone who checks the fine print instead of assuming it matches the marketing for the master community. We pull the actual governing documents for Phase 1A, confirm what amenities and obligations are attached, and tell you plainly what we can and cannot verify from current data.
Waterstone in 15 seconds.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- 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.
Tools for a Waterstone 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 Waterstone sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Waterstone, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Waterstone home worth?
Get a no-obligation home value based on real comparable sales in Waterstone, 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 all homes for sale in Groveland →
Should you buy in Waterstone?
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: September 14, 2026) |
| Under-contract shares | Stellar MLS records, as of 2026-09-08 |
| Historical depth | Closed-sale records back to 2025 (1 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 local comps.
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See how Waterstone fits the bigger picture — live prices, inventory, and Momentum Scores:
Common questions about Waterstone
Where is Waterstone?
Waterstone is a community in Groveland, Lake County, Florida, ZIP 34736.
Are there homes for sale in Waterstone right now?
No active listings inside Waterstone at the last feed refresh. The nearest homes for sale, with distances from the community, are shown on this page and refreshed nightly.
Does Waterstone have an HOA or CDD?
No HOA is on record for Waterstone in our data. Verify dues, what they cover, and any special assessment for a specific address before you offer.
Answers are generated from county property records, MLS feeds and the figures on this page, as of the page date; deemed reliable but not guaranteed.
Nearby Communities
Explore more neighborhoods near Waterstone with Momentum Realty’s local guides.
Waterstone Phase 1A Townhomes Market Scorecard
Waterstone Phase 1A Townhomes is currently a no active listings market. Limited supply, a median asking price of n/a.
Typical home value in the 34736 ZIP is $369,834, about 10.2% below the Florida norm (Zillow Home Value Index).
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.