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About this home
18540 Water Crest CT is a home in Lakes Of Lu-emma, Groveland. Flood zone x - outside the FEMA high-risk areas, which keeps insurance manageable. HOA runs $3,000 annually.
RARE 3-ACRE LAKEFRONT HOME SITE IN GATED LAKES OF LU EMMA! Build your dream luxury estate on this exceptional residential homesite in one of Groveland’s desirable gated lakefront communities. Enjoy beautiful waterfront views and access to the interconnected Lake Emma and Lake Lucy , offering an outstanding lifestyle for boating, fishing, skiing, jet skiing, and other water activities. Surrounded by existing luxury homes, this spacious homes ite offers privacy and the freedom to choose your own builder. Much of the preparation has already been completed, including tree removal, clearing, grading, well and septic, and a brick-paver driveway providing access to the home site. Survey available, Architect and structural engineer available to assist with your plans. The property also offers the potential to build a private dock. Conveniently located just minutes from the Florida Turnpike, providing easy access to Orlando and surrounding areas. A rare opportunity to save time and construction costs while creating your own custom lakefront estate in a beautiful gated community! this site has it all! The property directly adjacent to this parcel is 3 acres also owned by the same owner and is available for sale, offering a potential opportunity to acquire additional land MLS# O6445370 Don't miss this rare opportunity! Schedule your private tour today!
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The essentials
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Details
Districts can re-zone, so verify directly with the district before relying on these.
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
Price history
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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
$610,000
Time on market
17 days
Monthly payment
About $4,142/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $4,876 annual tax bill, insurance, and the $3,000/yr HOA fee.
HOA fee
$3,000/yr
Managed by Lakes of Lu-Emma/ Kent Howell.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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