Waterwood
Homes for Sale in Yalaha, FL

Waterwood 1st Add is a platted subdivision in Yalaha, on the Lake County side of the Harris Chain lake country, with no active MLS listings or documented amenities at this snapshot — a quiet corner of the market rather than an actively traded one.

Stellar MLS sales records identify 31 homes in Waterwood that have changed hands since 2013, built between 1965 and 2004 (median 1988), with a median living area of about 2,302 sq ft and a typical 3-bedroom, 2-bath layout; 94% 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.

County records show 5 qualified sales in Waterwood across 2024–2025 (2 in 2024, 3 in 2025), median $325,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.

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.

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

In ZIP 34797, 23 homes are on the market and 22% are under contract — a steady corner of Yalaha.

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

In ZIP 34797 (Yalaha), 25 homes closed in the last 12 months at a median of $306K ($202/sq ft), up 1.6% year over year, with a median 148 days on market. Right now 3 active and 2 pending listings put supply at about 3.6 months — a buyer's market. See the live ZIP 34797 housing market and the Lake County market.

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

Yalaha sits in the lake-dotted stretch of Lake County known more for citrus history and water access than for subdivision density, and Waterwood 1st Add reads as one of the smaller, older-platted communities in that footprint. With no amenities identified in current MLS records, this isn't a community built around a clubhouse or shared recreation — whatever draws a buyer here is likely the lot itself, its proximity to the lake chain, or the low-key setting rather than any packaged lifestyle offering.

The absence of active listings means there's no live read on price trend, inventory pace, or condition spread to report. That's not unusual for small legacy subdivisions in rural Lake County — sales can be infrequent, and when they happen they often move through direct relationships rather than heavy marketing. Anyone serious about this street should expect to do more homework than a typical MLS search will return.

Thin-data communities like this are exactly where local relationships matter more than portal scrolling. We track Lake County parcel activity and off-market movement beyond what hits the MLS feed, so if you're serious about Waterwood 1st Add, we can build a real comp picture instead of guessing from a blank listing sheet.

Listings in this community report association dues of about $176 per month ($2,112 a year) — the median AssociationFee across 15 MLS records, normalised to a monthly figure; most are billed quarterly. 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.