Water Crest Ct
Groveland, FL 34736
Active
List price
$339,900Price cut
Listing courtesy of FLORIDA LAND & RANCH BROKERS, 352-267-3131 (Debbie Payne)
MLS# G5118035 Status Active
Listing updated November 3, 2026
HOA and fees $500/mo
About this home
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!
Facts
- Property type
- Land
- Lot
- 5.19 acres
- HOA and fees
- $500/mo
- Fee details
- HOA $250/mo; Second association $250/mo
- Annual taxes
- $2,990
- Subdivision
- Lakes Lu-Emma Lt 01
- County
- Lake
Virtual tour
Location
Map: OpenFreeMap, © OpenMapTiles, © OpenStreetMap contributors
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