Waterwood
Homes for Sale in YALAHA, FL
True comps, carrying-cost math, and listings before the portals.
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.
The 60-Second Overview
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.
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.
The setting & the homes.
Aerial and on-site photos of Waterwood. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
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WaterwoodWho Waterwood is best for.
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
The market around Waterwood
Waterwood is a small community — 19 recorded sales on file, most recently in 2024 — too few for its own price trend. Here is the market around it.
In ZIP 34797, 23 homes are on the market and 35% are under contract — a fast-moving corner of YALAHA.
Across Lake County, 3,224 homes are active and 1,105 pending (26% under contract).
The housing mix here is 77% single family residence, 23% townhouse.
ZIP and county figures describe the wider market, not Waterwood specifically. Momentum Research analysis of MLS records.
Housing distress & ownership in WATERWOOD, YALAHA
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
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 August 2026 through August 2026. Deemed reliable but not guaranteed.
Waterwood on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from Stellar MLS. Map data © OpenStreetMap contributors.
Life at Waterwood
- Pool · reported on 3 of 3 listings
- Clubhouse · reported on 3 of 3 listings
- Deed Restrictions · reported on 3 of 3 listings
- Storage · reported on 2 of 3 listings
- Recreation Facilities · reported on 1 of 3 listings
- Maintenance · reported on 1 of 3 listings
- Community Mailbox · reported on 1 of 3 listings
Community amenities as reported across Stellar MLS listings in this community; deemed reliable but not guaranteed. Verify current amenities and access with the HOA.
The Waterwood buying strategy.
If we were buying in Waterwood 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 Waterwood.
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.
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.
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 Waterwood 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 Waterwood sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Waterwood, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
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 homes for sale in Waterwood on the map →
The real cost & risk here
Before the list price, the Florida math the portals skip. These are Lake County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Lake County scorecard.
County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.
WATERWOOD Market Scorecard
WATERWOOD is currently a no active listings market. Limited supply, a median asking price of n/a.
Typical home value in the 34797 ZIP is $345,763, about 45.7% below the Florida norm (Zillow Home Value Index).
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: Stellar MLS, distributed by MLS GRID, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.
Frequently Asked Questions
How many homes are in Waterwood?
What share of Waterwood is owner-occupied?
When were the homes in Waterwood built?
Who is the best real estate agent for Waterwood?
How do I find a top YALAHA real estate agent who knows Waterwood?
Can Momentum Realty connect me with an agent for Waterwood?
Should you buy in Waterwood?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near Waterwood with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | Stellar MLS, refreshed twice daily (last: August 2, 2026) |
| Housing stock & ownership | Florida DOR assessment roll (community parcel extract) |
| Under-contract shares | Stellar MLS records, as of 2026-08-01 |
| Historical depth | Closed-sale records back to 2006 (19 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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More Yalaha & Lake County guides
Compare before you commit - every guide covers pricing, HOA/CDD, insurance posture, and fit. Browse all of Lake County or the full Neighborhood Finder.
See how WATERWOOD fits the bigger picture — live prices, inventory, and Momentum Scores: