Water Crest CT, photo 1
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Overview

0 baLand
TypeLand
HOA$3,000/yr
Lot127,631 sqft

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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

About this home

Street Lights

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.

From the listing

3-ACRE LAKEFRONT HOMESITE 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 homesite 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. Survey available, with an 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# O6445349. Don't miss this rare opportunity! Schedule your private tour today!

The essentials

On market
17 days
Annual tax
$4,690
HOA
$3,000/yr
Flood zone
X · Low risk
Lot
127,631 sqft
Type
Land

At a glance

Land
Waterfront
Lake Front
2.93 acres
Lot size

Payment

Est. monthly payment
$4,070/mo
Down payment (20%)
$120,000
Property taxes
$391/mo
HOA
$3,000/yr
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Land
Year Built
-
Lot
127,631 sqft
Cooling
-
Heating
-
Parking
-
Waterfront
Lake Front, Lake Privileges
Days on Market
17
Street Lights
Elementary
Groveland Elem
Middle
Gray Middle
High
South Lake High

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

Flood Zone X
Annual Tax (2025)
$4,690
Parcel #
36-21-24-1200-000-00400

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
Lakes Of Lu-emma
County
Lake
MLS Area
34736 - Groveland
Lot Size
127,631 sqft
BuildableClearedIn CountyLandscapedOversized Lot
HOA
$3,000/yr
Lakes of Lu-Emma/ Kent Howell

Price history

Date
Event
Price
9/28/2026
Listed for sale
Source: Stellar MLS #O6445370
$600,000

Neighborhood

Water Crest CT
Groveland, FL, 34736 · 34736 - Groveland

Calculator

Est. monthly payment
$4,070/mo
Principal & interest$3,129
Property taxes$391
Insurance$300
HOA$250
Down payment20% · $120,000
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

$600,000

Time on market

17 days

Monthly payment

About $4,070/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $4,690 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.

Have another question?

Brokered byPREMIUM PROPERTIES R.E. SERVICEListing agent: Hamid DghirniListing data from Stellar MLS, MLS# O6445370.

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