Waterwood in Yalaha

Waterwood
Homes for Sale in Yalaha, FL

All 16 homes for sale in YALAHA, FL · median $387,000 · 17 homes for sale in 34797 · Lake County homes for sale

Community in Yalaha · Lake County · ZIP 34797
110 homesBuilt 1965–2022Median sale $620K
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Built fromLive Stellar MLS data20 years of closingsFL DOR public recordsUpdated twice daily

Over the 12 months ending 2026-09-20, 3 recorded sales closed at a median of $620,000, $223 per square foot, a median 154 days on market, sellers accepting 92% of original asking. Homes listed or recently sold were built 1984 - 1987; 3 of 3 report an HOA (median $176/mo); none of the 3 geocoded homes sit in a FEMA special flood hazard zone (median elevation 68 ft). At the median price and Lake County's FY2025-26 rate of 16.65 mills, annual property tax runs about $10,320 ($9,650 with the full homestead exemption).

Waterwood key facts
LocationYALAHA, Lake County, FL · ZIP 34797
Homes in the community110 (FL DOR 2025 assessment roll)
Years built1965–2022 (median 1986.0)
Typical living area1,872 sq ft (median)
Amenities listed by sellersClubhouse, Deed Restrictions, Pool, Storage, Community Mailbox, Maintenance
Sale prices, last 12 months$620,000 median across 3 closed sales · $223 per sq ft
Days on market (closed sales)154 median
For sale right now0 active, 0 pending
Owner-occupied (homestead) share73%

Data as of September 20, 2026. Based on Stellar MLS data distributed by MLS GRID for the period 2006 through 2026; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Waterwood key facts,” movewithmomentum.com/neighborhoods/waterwood-yalaha, data as of September 20, 2026.

Live · Waterwood Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$620K
Median sold · 12 mo
$223/sf
Sold $/sqft · 12 mo
peak $223 in 2026
91.8%
Sale vs ask
Tempo
154days
Median DOM · closed
11 days at the 2013 low
0 · 0
For sale · pending
live counts, refreshed twice daily
3
Sold · last 12 mo
10-yr average: about 1 a year
Ownership and context
73%
Owner-occupied · Waterwood
80 of 110 parcels homesteaded (FL DOR 2025)
27%
Non-owner-occupied · Waterwood
incl. 8% trust or LLC-held · 9% out-of-state
110
Homes in the community
110 residential parcels (FL DOR 2025)
Track record · 20 years of records
9
Recorded sales · 2024-2025
median $325K · qualified sales on the county roll (FL DOR 2025)
Est. 1965
Community established
homes built 1965-2022, median 1986 (FL DOR 2025)
2,840sqft
Median sold home size
12-mo windows, closed sales
2.7%/yr
Turnover rate
about 3 of 110 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Waterwood Yalaha is a small, deed-restricted community of 33 homes, and the current MLS snapshot shows zero active listings with just one closing in the most recent window. That is not a market signal so much as an inventory reality - there simply isn't enough turnover here to read a trend line. When something does list, it tends to move within a narrow, well-informed circle rather than through broad market exposure.

With homestead exemptions on file for roughly 85% of homes, this reads as a community of long-term owners rather than a rotating rental or investor pool. Combined with a build era spanning 1981 to 2022 and a median year built of 1987, buyers should expect a mix of original systems and updated homes - condition, not comparable pricing, will do most of the work in any negotiation.

Nearby homes for sale

No active listings inside Waterwood 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.

402 CLUSTERWOOD DRIVE
$265K · 0.1 mi away
3 bd · 2.5 ba · 1,928 sqft
402 CLUSTERWOOD DRIVE
Listed by MORRIS REALTY AND INVESTMENTS
702 CLUSTERWOOD DRIVE
$290K · 0.1 mi away
3 bd · 2.5 ba · 1,872 sqft
702 CLUSTERWOOD DRIVE
Listed by REST EASY REALTY POWERED BY SELLSTATE
603 WATERWOOD DRIVE
$305K · 0.1 mi away
3 bd · 3 ba · 1,872 sqft
603 WATERWOOD DRIVE
Listed by FLORIDA HOMES REALTY & MORTGAGE
109 WATERWOOD DRIVE
$289K · 0.1 mi away
3 bd · 2 ba · 1,562 sqft
109 WATERWOOD DRIVE
Listed by WEICHERT REALTORS HALLMARK PRO
22 E BAY AVENUE
$285K · 0.2 mi away
2 bd · 2 ba · 1,565 sqft
22 E BAY AVENUE
Listed by ERA GRIZZARD REAL ESTATE
23 LONESOME PINE TRAIL
$199K · 0.2 mi away
2 bd · 1 ba · 1,062 sqft
23 LONESOME PINE TRAIL
Listed by RE/MAX 200 REALTY

Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.

The 60-Second Overview

Waterwood market snapshot (as of September 20, 2026): the median sale price is about $620K ($223 per sq ft over the trailing 12 months of closed sales), and a median 154 days on market for closed sales.

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.

County records show 9 qualified sales in Waterwood across 2024 - 2025 (6 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.

Waterwood is a community of 110 homes in Yalaha, Lake County, built between 1965 and 2022 (median 1986.0), with a median living area of about 1,872 square feet. 73% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Waterwood Yalaha is a compact, amenity-anchored community in Yalaha (Lake County) built around a clubhouse and pool, with deed restrictions and shared maintenance keeping the grounds consistent across a small footprint of 33 homes.

Best for

  • Buyers targeting a small, deed-restricted community with pool and clubhouse access rather than a large master-planned development
  • Buyers willing to evaluate individual homes on their own merits, since build years range from 1981 to 2022
  • Long-term buyers comfortable purchasing where turnover is naturally low and listings are infrequent

Probably not for

  • Buyers who want to compare several active listings side by side before deciding
  • Investors seeking a community with an established rental or flip pattern
  • Buyers on a tight timeline who need inventory to appear on a predictable schedule

Windows contain 0 to 4 sales each (3 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on Stellar MLS data distributed by MLS GRID for the period 2006 through 2026. Deemed reliable but not guaranteed.

Homes sold per 12-mo window
02420122014201620182020202220242026
0 to 4 a year; 3 in the current window.
How much local inventory is already under contract

21% of homes for sale in ZIP 34797 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-09-20).

Waterwood Market Scorecard

Balanced

Waterwood is currently a balanced market..

$620,000
Median sold
0/0/3
Active/Pend/Sold

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: Stellar MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Housing distress & ownership in Waterwood, YALAHA

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
0.0%
0 of 7 listings
Distress share trend - 0.0% now (2026-08-12 → 2026-09-22)

Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Based on Stellar MLS data distributed by MLS GRID for the period September 2026 through September 2026. Deemed reliable but not guaranteed.

Listing locations from Stellar MLS. Map data © OpenStreetMap, tiles © CARTO.

Community amenities as reported across Stellar MLS listings in this community; deemed reliable but not guaranteed. Verify current amenities and access with the HOA.

If we were buying in Waterwood 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 Waterwood.

Best Buy
Buyers looking for a small, quiet community with deed-restricted upkeep and shared amenities rather than a large-scale subdivision.
Biggest Risk
With zero active listings and one closing on record, there is little current data to lean on for pricing or timing.
Sweet Spot
Buyers comfortable doing home-by-home condition diligence across a build range that stretches from 1981 to 2022.
Avoid If
You need active inventory to compare against or a fast, competitive-offer environment - this market does not currently offer either.

A small, settled footprint

At 33 homes total, Waterwood Yalaha is not a subdivision that produces regular market data. Zero active listings and a single closing in the tracked window mean pricing conversations here have to be built home-by-home, using condition, lot specifics, and recent comparable sales pulled from a wider radius - not a live shelf of competing listings.

The homes themselves span four decades of construction, from 1981 through 2022, with a median build year of 1987 and a median living area of 2,119 square feet. That spread means two houses on the same street can have very different mechanical ages, kitchens, and roof conditions. Amenities reported across MLS listings include a pool, clubhouse, recreation facilities, storage, and community mailbox service, all under deed restrictions with community maintenance - worth confirming directly with the HOA before writing an offer, since access and terms can shift.

“

The location and the amenities are priced into every listing in Waterwood. 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 thin on active inventory, the work is in sourcing and verification - knowing which of the 33 homes have changed hands recently, what condition they were in, and what the HOA's current deed restrictions actually allow. That is a research-driven process, not a scroll through active listings, and it is where a broker who tracks this pocket of Lake County closely earns the fee.

Waterwood in 15 seconds.

Best forBuyers looking for a small, quiet community with deed-restricted upkeep and shared amenities rather than a large-scale subdivision.
Biggest advantageA settled owner base - high homestead share suggests most homes are lived in, not held as rentals.
Biggest riskWith zero active listings and one closing on record, there is little current data to lean on for pricing or timing.
Sweet spotBuyers comfortable doing home-by-home condition diligence across a build range that stretches from 1981 to 2022.
Avoid ifYou need active inventory to compare against or a fast, competitive-offer environment - this market does not currently offer either.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Waterwood homeowners association, its management company or its developer, and we cannot help with dues, gate access, violations, amenity bookings or association documents. To reach the association, check your closing package, the recorded declaration at the county clerk, or search the association’s name at sunbiz.org for its registered agent. Call or message us to buy or sell a home in Waterwood.
In short
  • HOA dues reported around $176/month (about $2,112/yr) · median of 45 MLS listings, most billed quarterly
  • Any club/amenity membership is billed separately

Listings in this community report association dues of about $176 per month ($2,112 a year) - the median AssociationFee across 45 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.

The takeaway

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

What is your Waterwood home worth?

Get a no-obligation home value based on real comparable sales in Waterwood, 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 Yalaha →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Waterwood?
The median sale price in Waterwood was $620K over the 12 months ending September 20, 2026 (3 closed sales, Stellar MLS).
How long do homes in Waterwood take to sell?
Homes that closed in the 12 months ending September 20, 2026 took a median 154 days on market (3 sales, Stellar MLS).
How many homes are in Waterwood?
The Florida DOR 2025 assessment roll shows 110 homes in Waterwood (public records).
What share of Waterwood is owner-occupied?
73% of Waterwood parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Waterwood built?
Homes in Waterwood were built between 1965 and 2022, with a median year built of 1986.0 (FL DOR 2025 roll).
Who is the best real estate agent for Waterwood?
The best agent for Waterwood is one who actively works Yalaha 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 Waterwood.
How do I find a top Yalaha real estate agent who knows Waterwood?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Waterwood and the wider Yalaha area.
Can Momentum Realty connect me with an agent for Waterwood?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Waterwood purchase or sale - no call center and no pressure.
Where is Waterwood, and what county is it in?
Waterwood is in YALAHA, Lake County, FL, ZIP 34797. The community's center is about 3 miles east of the center of YALAHA (straight-line).
Buyers targeting a small, deed-restricted community with pool and clubhouse access rather than a large master-planned developmentExcellent fit
Buyers willing to evaluate individual homes on their own merits, since build years range from 1981 to 2022Excellent fit
Long-term buyers comfortable purchasing where turnover is naturally low and listings are infrequentExcellent fit
Buyers who want to compare several active listings side by side before decidingProbably not
Investors seeking a community with an established rental or flip patternProbably not
Buyers on a tight timeline who need inventory to appear on a predictable scheduleProbably not

Data sources & freshness

Live listingsStellar MLS, refreshed twice daily (last: September 26, 2026)
Community market statsStellar MLS closed sales, 12-month windows ending September 20, 2026
Housing stock & ownershipFlorida DOR assessment roll (street-list match (5 streets, ZIP 34797))
Under-contract sharesStellar MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2006 (21 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 local comps.

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Nearby Communities

Explore more neighborhoods near Waterwood with Momentum Realty’s local guides.

SBSprings Bath Yacht Club0.1 mi away · 98 homes, built 1958–23Waterwood Townhouses0.1 mi away · 88 homes, built 1965–00, 3 for saleWaterwood Townhouses0.1 mi away · median $350K, 3 sales/12 moSun Eden0.2 mi away · 152 homes, built 1926–24, 3 for saleWaterwood Patio Homes0.2 mi away · median $280K, 5 sales/12 moSBSprings Bath And Yacht Club0.2 mi away · 129 homes, built 1920–22

Browse all neighborhood guides →

Thinking of selling in Waterwood? 3 recorded closings; median 154 days on market (window ending 2026-09-20). See the Lake County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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