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$225,000
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Property Description
Rare waterfront opportunity in the gated community of Waterside Pointe! This cleared, ready-to-build 50 x 94 lot sits with only one neighbor, tucked between Lake Memory and directly across from the canal leading to Lake Hiawatha, part of the Clermont Chain of Lakes. Waterside Pointe offers a recreation center, resort-style pool, basketball and tennis/pickleball courts, multiple playgrounds, a community boat ramp on Lake Memory, and a community dock just across the street from this lot. Perfectly positioned between downtown Clermont and Groveland, you're within 3 miles of shopping, schools, churches, dining, entertainment, a farmers market, Waterfront Park, a splash pad, and walking trails. Walt Disney World is about 23 miles away, and Orlando International Airport is 35 miles out. Waterfront lots like this don't come up often, come take a peek! DOCK PLANS WERE APPROVED YET EXPIRED 07/2026. DOCK TO GO ACROSS STREET FROM THE HOME.
Full Property Details
Full Property Details for 503 Blue Cypress Dr
General
- Price: $225,000
- HOA FEE: $181/month
- HOA FEE FREQ.: Quarterly
- Taxes: $2,798 (2025)
- Status: Active
- Type: Lots/Land
- Source: MidFloridaRegionalMLS
- MLS ID: V4951156
- Updated: 9/14/2026
- Added to Site: 18 day(s) ago
Additional Information
- Shared Amenities: Basketball Court, Clubhouse, Fitness Center, Gated, Playground, Pool, Tennis Court(s)
Location
- Area: 34736 - Groveland
- County: Lake
- Development Name: 34736 - Groveland
- Subdivision: WATERSIDE POINTE PH 3
- Driving Directions: FROM W COLONIAL DR TAKE RIGHT ON WATERSIDE POINTE DR RIGHT ONTO BLUE CYPRESS DR LOT ON LEFT HAND SIDE.
School Information
- Elementary School: Groveland Elem
- Middle School: Gray Middle
- High School: South Lake High
Community
- Community Name: 34736 - Groveland
- Community Features: Canal Front, Community Boat Ramp, Dock, Lake, Private Boat Ramp, Water Access, Waterfront, Playground, Pool, Tennis Court(s)
- Optional Amenities: Basketball Court, Clubhouse, Fitness Center, Gated, Playground, Pool, Tennis Court(s)
- Association: Yes
- Assoc. Name: Sentry Management
- Assoc. Fees Include: Community Pool, Pool Maintenance, Recreational Facilities
- Pet Restrictions: Verify all Pet restrictions with HOA mgt
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electrical Nearby, Sewer Available, Water Nearby
Structural Information
- Current Bldg. Use: Residential
Lot Features
- Property View: Water
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 4,664
- Lot Size: 4664
- Lot Dimensions: 50 x 93 x 50 x 94
- Frontage: Street Paved
- Street/Road Desc.: Paved, Asphalt
Water Features
- Water Front: Yes
- Water View: Yes
- Water Access: Yes
- Water Access Desc: Canal - Freshwater, Lake
- Water Extras: Yes
- Water Front Desc.: Canal Front, Lake, Waterfront, Lake Front
Financial Considerations
- Price Per Acre: $2,045,455
- Association Fee: $544
- Assoc Fee Freq.: Quarterly
- Assoc Fee Desc.: Required
- Tax Amount: $2,798
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: WATERSIDE POINTE PHASE 3 PB 67 PG 20-31 LOT 458 ORB 6209 PG 1987
- Flood Zone Info: X
- APN: 222225001500045800
- Property ID: 222225001500045800
Listed by Lpt Realty, Llc
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Schools
Schools serving 503 Blue Cypress Dr
School District:Lake County School District
| Name | Grades | Distance |
|---|---|---|
Clermont Elementary School 680 East Highland Avenue, Clermont, FL 34711 | PK-5 | 2.4 mi |
Windy Hill Middle School 3575 Hancock Road, Clermont, FL 34711 | 6-8 | 5.9 mi |
South Lake High School 15600 Silver Eagle Road, Groveland, FL 34736 | 9-12 | 2.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 503 Blue Cypress Dr
Date
Details
Price
Change
Source
9/14/2026
Listed
$225,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 503 Blue Cypress Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,798
4%
$150,000
—
2024
$2,687
61%
$150,000
—
2023
$1,670
47%
$150,000
98%
2022
$1,133
6%
$75,800
—
2021
$1,072
12%
$75,800
82%
2019
$958
36%
$41,690
10%
2018
$707
-1%
$37,900
—
2017
$711
-4%
$37,900
—
2016
$738
—
$37,900
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 503 Blue Cypress Dr
503 Blue Cypress Drive, Groveland, FL 34736 (MLS# V4951156) is a Lots/Land property with a lot size of 0.11 acres. 503 Blue Cypress Drive is currently listed for $225,000 and was received on September 14, 2026. Want to learn more about 503 Blue Cypress Drive? Do you have questions about finding other Lots/Land real estate for sale in Groveland? You can browse all Groveland real estate or contact a Coldwell Banker agent to request more information.

