WATER CREST COURT Groveland, FL $ 375,000
WATER CREST COURT
$ 375,000
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WATER CREST COURT

Groveland, FL, 34736
$ 375,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 2,368

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Lots and Land for sale in Groveland, FL

for $375,000. The lot size is 5.19.

Experience over 5 acres of beautiful high-and-dry land within the exclusive gated community of Lakes of Lu-Emma, where privacy, elevation, and natural beauty come together in one remarkable setting. This 5.19-acre homesite is mostly cleared with only a few trees, creating an open and impressive setting for a custom home. With much of the major clearing already completed, you can focus on designing and positioning your residence to take full advantage of the property's elevation, open surroundings, and lake-view setting. Elevation 110' up to 120'. Imagine creating a custom estate with wide-open space, beautiful surroundings, and the privacy that is becoming increasingly difficult to find in Central Florida. There is no time restriction to build, and you have the freedom to bring your own builder, giving you the opportunity to create exactly what you envision - from an elegant country estate to a spectacular custom luxury home. Lakes of Lu-Emma is an intimate gated community of only 13 estate homesites. Residences require a minimum of 3,000 heated square feet, helping preserve the distinctive character and quality of the community. Lakes of Lu-Emma community near Lake Emma and Lake Lucy. The property's size and setting provide the opportunity to thoughtfully position a custom residence to make the most of the surrounding scenery. Although the setting feels peaceful and private, the property is conveniently located near the Florida Turnpike and major highways, providing easy access throughout Central Florida. With significant development occurring in the surrounding area, this location offers an exceptional combination of acreage, privacy, convenience, natural beauty, and future potential. OVER 5 ACRES - HIGH & DRY - GATED - MOSTLY CLEARED LAKE-VIEW SETTING - ONLY 13 ESTATE HOMESITES 3,000 SQ. FT. MINIMUM - BRING YOUR OWN BUILDER - NO TIME LIMIT TO BUILD Properties offering this combination of acreage, elevation, privacy, and location are increasingly difficult to duplicate in Central Florida. This isn't simply a place to build a home. It's an opportunity to create something extraordinary!

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Lots and Land Active

Price

$ 375,000

Property Type

Lots and Land

Taxes

$ 2,990

Style

Lot Size

5.19

Town/City

Groveland

County/Region

Lake

MLS | Web ID

G5118035

Features
General
Sewer Septic Needed
Utilities BB/HS Internet Available
Possession Close Of Escrow
Zoning A
HOA Fee 3000
Security Features Gated Community
Pets Allowed Yes
View Trees/Woods
Tax Year 2025
Current Use Unimproved
Ownership Fee Simple
HOA Fee 2 3000
Assoc Fee Paid Per Annually
County Lake
Property Type Land
Association Amenities Gated
Subdivision Name LAKES LU-EMMA LT 01
Status Active
Directions From US Hwy 50 travel north on US Hwy 27. Turn left onto Villa City Road (CR 565) and continue approximately 3.5 miles. Turn left into the gated Lakes of Lu-Emma community onto Lake Isle Boulevard. Continue to Water Crest Court and turn right. Lot 12 will be on the right just before the cul-de-sac.
City GROVELAND
Association Name Lakes of Lu-Emma
MLS Area 34736 - Groveland
Lot Size Units Acres
Lot Size Square Feet 226247
Listing Terms Cash Conventional
HOA Fee 2 Frequency Annually
Tax Annual Amount 2990.31
Additional Parcels Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/stellar/G5118035 www.payneinthehouse.com
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 12
Legal Description LAKES OF LU-EMMA PB 47 PG 41-43 BEGINNING AT THE SOUTHWEST CORNER OF LOT 12 RUN NORTH 00-39-05 EAST 661.73 FEET NORTH 89-00-03 EAST 115 FEET RUN NORTH 28-55-37 EAST 124.37 FEET TO A POINT ON THE SOUTH RIGHT OF WAY LINE OF WATER CREST COURT BEING ON A CURVE CONCAVE NORTHEASTERLY WITH A RADIUS OF 553 FEET THENCE RUN SOUTHEASTERLY ALONG SAID CURVE FOR 156.28 FEET THRU A CENTRAL ANGLE OF 16-48-00 HAVING A CHORD OF SOUTH 43-56-07 EAST 155.73 FEET SOUTH 28-55-37 WEST 151.53 FEET THENCE SOUTH 27-08-02 EAST 591.60 FEET TO A POINT ON THE SOUTH LINE OF SAID LOT 12 THENCE RUN SOUTH 89-50-55 WEST ALONG SAID SOUTH LINE 487.23 FEET TO THE POINT OF BEGINNING ORB 6152 PG 2390
Water Access Y/N false
Monthly HOA Amount 250
Water View Y/N false
Flood Zone Code X
Flood Zone Code X Y
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Interior
Total Baths 0
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Exterior
Vegetation Mature Landscaping Oak Trees Trees
Lot Features Buildable In County
Water Source Well Required
Lot Size Area 5.1939
Lot Dimensions 155 x 124 x 115 x 662 x 482 x 591 x 151
Lot Size Acres 5.19
Road Surface Type Paved Asphalt
Waterfront Y/N false
Road Frontage Type Street Paved
Number of Lots 1
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* Excluded Features
List By
Florida Land & Ranch Brokers

Broker

prcommercial@yahoo.com

Email

Affordability Calculator

$2,617
Per Month
90%
10%
0%
Monthly Principal & Interest
$2,368
Monthly Property Taxes
$249
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/20/2026$375,000 Listed Price

Map


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WATER CREST COURT, Groveland, FL, 34736 is a Lots and Land for sale at $375,000 with a lot size of 5.19. WATER CREST COURT has 0.0 baths. The property's zip code is 34736 which is in Groveland, FL