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Overview

4 bd3 ba2,001 sqft2 car garageSingle Family
TypeSingle Family
HOA$75.59/mo
Built2019
Lot7,935 sqft
Living area2,001 sqft
Price / sqft$244
Garage2 car

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About this home

Ceiling Fans(s)Eat-in KitchenHigh CeilingsOpen FloorplanSplit BedroomThermostatTray Ceiling(s)Walk-in Closet(s)

124 Islabella Way is a 2019-built home in Lago Katrina, Groveland. Inside you'll find 4 bedrooms, 3 bathrooms, and 2,001 square feet of living space. Listed at $489,000 (about $244/sqft), 11 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable. HOA runs $75.59 monthly.

From the listing

LAKEFRONT LIVING WITH A PARK-LIKE SETTING! Discover the rare combination of peaceful waterfront living, modern comfort, and everyday convenience in this beautifully finished 2,001-square-foot home, completed in 2019. From the moment you enter, the home’s thoughtful design and serene lake setting create a feeling that is both inviting and relaxing. At the heart of the home, the kitchen’s granite countertops provide a beautiful place to prepare meals while enjoying an expansive view through the spacious triple sliding glass doors. Those doors open the living space to the porch and create an effortless connection between the indoors and the tranquil waterfront beyond. Step outside and the lake becomes part of your everyday lifestyle—whether you’re enjoying your morning coffee, watching wildlife, entertaining friends, or relaxing as the sun sets across the water. The lakefront setting offers year-round opportunities to enjoy the outdoors. Launch a kayak or paddle board, cast a line, or simply sit back and watch nature unfold. The surrounding wildlife adds to the park-like atmosphere, with frequent sightings of waterfowl, purple martins, bluebirds, red-headed woodpeckers, hawks, and other native birds and wildlife. The recently updated primary bath adds a touch of luxury and relaxation to the spacious primary suite. The thoughtfully positioned soaking tub offers an especially peaceful retreat, where you can unwind while enjoying views of the evening sky and moonlight. Practical features make everyday living just as enjoyable. The garage’s high ceilings provide valuable overhead storage, keeping seasonal and seldom-used items organized while preserving valuable floor space. A water softener helps address the hardness of city water, while the refrigerator’s built-in water filtration system provides convenient filtered drinking water. The expansive pavered lanai creates an ideal outdoor entertaining area with plenty of room for grilling and gathering with friends. Beyond the lanai, an additional lakeside deck provides the perfect setting for a fire-pit table and intimate evenings by the water. The well-maintained community offers a peaceful and welcoming environment, complementing the privacy and natural beauty of this special homesite. More than a home, this is a lifestyle—where the lake, wildlife, outdoor recreation, peaceful evenings, and beautiful sunsets become part of your everyday experience. If you’ve been searching for a home where modern comfort meets the serenity of lakefront living, this property deserves your attention.

The essentials

Built
2019
Price / sqft
$244
On market
11 days
Annual tax
$3,800
HOA
$75.59/mo
Flood zone
X · Low risk
Lot
7,935 sqft
Type
Single Family Residence

At a glance

Single family
Built 2019
Waterfront
Lake Front
2 car garage
Driveway
0.29 acres
Lot size
2,001 sqft
Living area

Payment

Est. monthly payment
$3,187/mo
Down payment (20%)
$97,800
Property taxes
$317/mo
HOA
$75.59/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Single Family Residence
Year Built
2019
Lot
7,935 sqft
Cooling
Central Air
Heating
Electric, Heat Pump
Parking
Driveway, Garage Door Opener, Guest, Off Street, On Street
Waterfront
Lake Front
Days on Market
11
Ceiling Fans(s)
Eat-in Kitchen
High Ceilings
Open Floorplan
Split Bedroom
Thermostat
Tray Ceiling(s)
Walk-in Closet(s)
Window Treatments
Private Yard
Storage
Street Lights
Cooktop
Dishwasher
Disposal
Electric Water Heater
Exhaust Fan
Freezer
Ice Maker
Microwave
Range
Refrigerator
Water Purifier
Water Softener
Elementary
Groveland Elem
Middle
Gray Middle
High
South Lake High

Districts can re-zone, so verify directly with the district before relying on these.

Homestead exemption on file Flood Zone X
Annual Tax (2025)
$3,800
Parcel #
13-22-24-0600-000-03000

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Lago Katrina
County
Lake
MLS Area
34736 - Groveland
Lot Size
7,935 sqft
Street Dead-End
HOA
$75.59/mo
Sentry Management

Price history

Date
Event
Price
9/30/2026
Listed for sale
Source: Stellar MLS #G5118437
$489,000
$244/sqft

Neighborhood

124 Islabella Way
Groveland, FL, 34736 · 34736 - Groveland

Market insights

Offer Insights

Choose an offer strength

List price: $489,000
$487,500 – $489,000
99.5% – 100% of listTops out right at the list price
80% of listList price
174 of the last 287 home closings in 34736 landed at this number or higher (61%). The median one sat 38 days before it went under contract, and this one is on day 11.

Sample: 287 closed home sales in 34736 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

Talk through an offer with our team

Calculator

Est. monthly payment
$3,187/mo
Principal & interest$2,550
Property taxes$317
Insurance$245
HOA$76
Down payment20% · $97,800
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. HOA includes any condo dues reported on the listing. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$489,000

$244 per sq ft

Beds and baths

4 beds, 3 baths

Size

2,001 sq ft

Time on market

11 days

Year built

2019

Monthly payment

About $3,187/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $3,800 annual tax bill, insurance, and the $75.59/mo HOA fee.

HOA fee

$75.59/mo

Managed by Sentry Management.

Flood zone

Zone X

That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.

Offer

What should I offer?

Have another question?

Brokered byCOLDWELL BANKER HUBBARD HANSENListing agent: Andy HansenListing data from Stellar MLS, MLS# G5118437.

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