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$799,000
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Property Description
One or more photo(s) has been virtually staged. Discover Florida living at its finest! This beautifully maintained 4-bedroom plus office, 3-bath home is perfectly situated on a 1.69-acre corner lot in the gated community of Blue Spring Reserve. From the moment you enter, the home showcases 9-foot ceilings, elegant crown molding, and an open-concept layout filled with natural light. The spacious kitchen opens to the living and dining areas, creating an ideal layout for entertaining. The primary suite offers a relaxing retreat with dual vanities, a soaking tub, and a separate shower, while the additional bedrooms and office provide flexibility for guests, work, or hobbies. The screened-in patio overlooks the fenced backyard, providing a peaceful setting for outdoor enjoyment. A 3-car garage offers generous room for vehicles, storage, or a workshop. Blue Spring Reserve is known for its serene, nature-filled atmosphere while being conveniently located near US-27, SR-50, and Florida's Turnpike. The surrounding Groveland area continues to see significant growth with nearby master-planned communities, mixed-use developments, new retail and dining options, expanded parks and trail systems, and ongoing roadway and infrastructure improvements. Notable projects include large-scale residential neighborhoods and commercial centers designed to support long-term expansion and increased demand. Easy access to Clermont, Winter Garden, shopping, dining, and major highways offers an ideal balance of privacy, space, convenience, and future value in Central Florida.
Full Property Details
Full Property Details for 508 Yellow Submarine
General
- Price: $799,000
- HOA FEE: $138/month
- Taxes: $5,829 (2024)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: O6353026
- Updated: 1/6/2026
- Added to Site: 94 day(s) ago
Rental Information
- Min. Lease: 8-12 Months
Interior
- Number of Rooms: 10
- Interior Features: Ceiling Fan(s), Crown Molding, Primary Bedroom Main Floor, Split Bedroom, Tray Ceiling(s)
- Appliances: Built-In Oven, Dishwasher, Microwave, Refrigerator
- Flooring: Tile, Hardwood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Laundry Room
Additional Information
- Security/Safety: Gated Community
Exterior
- Exterior Features: Sliding Doors
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 3
- Covered Spaces: 3
Location
- Area: 34736 - Groveland
- County: Lake
- Development Name: 34736 - Groveland
- Subdivision: BLUE SPRING RESERVE
- Driving Directions: From Florida's Turnpike, take Exit 285 toward Groveland/Clermont and head west on Highway 50. Turn left onto County Road 561 and continue to Long and Winding Road. Turn right into the gated entrance of Blue Spring Reserve, then follow Blue Spring Reserve Drive to Yellow Submarine Court. The home will be on the large corner lot on your right.
- Direction Faces: Southwest
Community
- Community Name: 34736 - Groveland
- Community Features: Gated Community - No Guard
- Association: Yes
- Assoc. Name: Community Management Specialist
- Pet Restrictions: Please verify restriction with HOA
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Septic Tank
- Water: Public
- Utility Description: Other
Structural Information
- Architectural Info: Ranch, Traditional
- Architectural Style: Ranch, Traditional
- Exterior Const.: Block, Stucco
- Roof: Metal
- Stories/Levels: One
- Square Feet: 2,974
- Sq. Ft. Source: Public Records
- Year Built: 2012
Lot Features
- Lot Size (Acres): 1.69
- Lot Size (Sq. Ft.): 73,616
- Lot Size: 1.69
- Street/Road Desc.: Paved
- Fencing (Description): Fenced
Financial Considerations
- Association Fee: $138
- Assoc Fee Freq.: Monthly
- Assoc Fee Desc.: Required
- Tax Amount: $5,829
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: GROVELAND, BLUE SPRING RESERVE SUB LOT 7 BEING IN 22-21-25 PB 58 PG 93-101 ORB 3838 PG 1570
- Flood Zone Info: X
- APN: 142125020000000700
- Property ID: 142125020000000700
Listed by Homevest Realty
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Schools
Schools serving 508 Yellow Submarine
School District:Lake County School District
| Name | Grades | Distance |
|---|---|---|
Astatula Elementary School 13925 Florida Avenue, Astatula, FL 34705 | PK-5 | 5.7 mi |
East Ridge Middle School 13201 Excalibur Road, Clermont, FL 34711 | 6-8 | 8.9 mi |
Lake Minneola High School 101 North Hancock Road, Minneola, FL 34715 | 9-12 | 6.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 508 Yellow Submarine
Date
Details
Price
Change
Source
1/06/2026
Price Reduced
$799,000
-3.15%
MLS
10/16/2025
Listed
$825,000
153.85%
MLS
2/08/2013
Sold
$325,000
—
Public Record
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 508 Yellow Submarine
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,829
—
$363,070
3%
2024
$5,829
3%
$352,840
3%
2023
$5,661
12%
$342,570
6%
2021
$5,061
-7%
$322,917
-3%
2022
$5,421
7%
$332,600
4%
2021
$5,061
-1%
$318,459
2%
2019
$5,115
4%
$311,300
2%
2018
$4,926
2%
$305,496
2%
2017
$4,839
-17%
$299,213
—
2016
$5,800
5%
$299,213
11%
2015
$5,514
1%
$269,808
2%
2014
$5,460
19%
$265,321
2%
2013
$4,581
—
$259,490
—
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 508 Yellow Submarine
508 Yellow Submarine, Groveland, FL 34736 (MLS# O6353026) is a Single Family property with 4 bedrooms and 3 full bathrooms. 508 Yellow Submarine is currently listed for $799,000 and was received on October 16, 2025. Want to learn more about 508 Yellow Submarine? Do you have questions about finding other Single Family real estate for sale in Groveland? You can browse all Groveland real estate or contact a Coldwell Banker agent to request more information.

