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$381,000
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Property Description
New Construction - Ready Now! Built by Taylor Morrison, America's Most Trusted Homebuilder. Welcome to the Elm at 7331 Capstone Drive in Waterstone! This beautiful two-story home offers an open-concept design perfect for modern living. The first floor features a welcoming foyer, great room, dining area, kitchen, and a convenient half bath. Upstairs, you'll find a versatile loft, three secondary bedrooms, a shared full bath, and a laundry room. The spacious primary suite includes a luxurious bath with dual sinks, a walk-in shower, and a generous walk-in closet. Enjoy indoor-outdoor living on the patio, ideal for soaking up Florida's sunshine. New single-family homes are now selling at Waterstone! This 400-acre community blends with Groveland's natural beauty and is just minutes from Clermont. Residents enjoy access to planned amenities like a pool, cabana, dog park, Nature Play Space, and Monarch Butterfly Gardens, plus nearby lakes and easy access to major highways. Additional Highlights Include: Whole house blinds. MLS#O6342748
Full Property Details
Full Property Details for 7331 Capstone Dr
General
- Sold For: $381,000
- HOA FEE: $113/month
- Taxes: (2024)
- Status: Closed
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: O6342748
- Added to Site: 175 day(s) ago
Rental Information
- Min. Lease: 7 Months
Interior
- Number of Rooms: 8
- Interior Features: Window Treatments
- Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Tankless Water Heater, Washer
- Flooring: Carpet, Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Electric Dryer Hookup, Inside, Washer Hookup
Additional Information
- Shared Amenities: Other
Exterior
- Exterior Features: Irrigation System, Sliding Doors
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
Location
- Area: 34736 - Groveland
- County: Lake
- Development Name: 34736 - Groveland
- Subdivision: WATERSTONE
- Driving Directions: From Orlando via Florida’s Turnpike N: Follow Florida’s Turnpike N to exit 285 toward US-27 N. Keep right at the fork and merge onto US-27 N. Continue straight along US-27 N for 2.5 miles and then turn left onto Villa City Rd. Continue straight along Villa City Rd for 4 miles and then turn right onto Watercourse Rd into the Waterstone community main entry. Continue straight on Watercourse Dr and follow signs to Taylor Morrison sales & models parking ahead on the left. From Orlando via SR-50 W: Proceed W on SR-50 and then turn right onto Villa City Rd. Continue straight on Villa City Rd for 3 miles and then turn left onto Watercourse Rd into the Waterstone community main entry. Continue straight on Watercourse Dr and follow signs to Taylor Morrison sales & models parking ahead on the left.
- Direction Faces: Southwest
School Information
- Elementary School: Groveland Elem
- Middle School: Gray Middle
- High School: South Lake High
Community
- Community Name: 34736 - Groveland
- Community Features: None
- Optional Amenities: Other
- Association: Yes
- Assoc. Name: Castle Management – Dean Garrow
- Assoc. Fees Include: Maintenance Grounds
- Pet Restrictions: Please see Community Sales Manager for more information.
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Connected, Natural Gas Connected, Underground Utilities
Structural Information
- Architectural Info: Traditional
- Architectural Style: Traditional
- Builder: Taylor Morrison
- Approx Compl Date: 2025-09-09T04:00:00.000Z
- Exterior Const.: Block
- Roof: Shingle
- Windows: Window Treatments
- Stories/Levels: Two
- Square Feet: 2,271
- Sq. Ft. Source: Builder
- Living Area: 2,271 Sq. Ft.
- Year Built: 2025
Lot Features
- Property View: Water
- Lot Size (Acres): 0.13
- Lot Size (Sq. Ft.): 5,945
- Lot Size: 5945
- Street/Road Desc.: Paved
Water Features
- Water View: Yes
Financial Considerations
- Association Fee: $113
- Assoc Fee Freq.: Monthly
- Assoc Fee Desc.: Required
- CDD: Yes
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: of Waterstone - Phase 1A, according to the plat thereof recorded in Plat Book 84, Page(s) 48 through 67, of the Public Records of Lake County, Florida
- Flood Zone Info: X
- APN: NALOT238
- Property ID: NALOT238
- Block/Lot/Section: 22
Listed by Taylor Morrison Realty Of Florida Inc
Sold by Compass Florida Llc
Get Pre-Approved Today
Schools
Schools serving 7331 Capstone Dr
School District:Lake County School District
| Name | Grades | Distance |
|---|---|---|
Groveland Elementary School 930 Parkwood Street, Groveland, FL 34736 | PK-5 | 3.4 mi |
Gray Middle School 205 East Magnolia Street, Groveland, FL 34736 | 6-8 | 3 mi |
South Lake High School 15600 Silver Eagle Road, Groveland, FL 34736 | 9-12 | 3.7 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 7331 Capstone Dr
Date
Details
Price
Change
Source
1/26/2026
Sold
$381,000
4.4%
MLS
11/14/2025
Price Reduced
$364,940
-3.71%
MLS
10/01/2025
Price Increased
$379,000
1.07%
MLS
9/14/2025
Price Reduced
$375,000
-2.09%
MLS
9/09/2025
Listed
$383,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Home Warranty : Included
7331 Capstone Drive, Groveland, FL 34736 (MLS# O6342748) is a Single Family property that was sold at $381,000 on January 26, 2026. Want to learn more about 7331 Capstone Drive? 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.

