237 BLUE CYPRESS DRIVE, GROVELAND, FL, 34736
Active1 days on marketListed Aug 12, 2026MLS #G5116300
About this home
237 BLUE CYPRESS DRIVE
Welcome to your Private Waterfront Haven in one of Groveland’s Desirable Gated Communities with a Premium Backyard Oasis. Offering 5 spacious bedrooms, 4 full bathrooms, and 2,791 square feet of beautifully appointed living space, this 2008-built home has been substantially upgraded inside and out for effortless living. Step into an expansive open floor plan featuring rich hardwood flooring and timeless tumbled tile. The interior boasts pristine condition throughout, with newly updated bathrooms featuring custom showers and sleek, soft-close glass doors. Exceptional pride of ownership is evident in the meticulous maintenance across all home systems, including a new roof and an impeccably serviced HVAC system. The true crown jewel of this property is the engineered backyard paradise designed for relaxation and entertaining. Positioned on a 9,239 sq ft lot, the two-tier backyard overlooks the tranquil Lake Memory reservoir, anchored by a massive 75-foot seawall. The Upper Tier features custom pavers and a built-in seating area, sheltered under an entire back patio covered with a hurricane-rated wood roof. The Lower Tier features a Resort-style beach sand area and deck right along the water’s edge for effortless watercraft launching. Enjoy a fully gated community that offers resort-style amenities, including a community pool with a slide, fitness center, clubhouse, tennis court, basketball court, playground and recreational areas. This community features a private ramp for no-wake boating, and this home comes fully equipped to enjoy it immediately! Whether you’re unwinding by the water at sunset or exploring Lake Memory, this turnkey home offers an unmatchable Florida lifestyle. Welcome Home!
Facts & features
The home at a glance
5
Bedrooms
4
Bathrooms
2,791
Sqft
0.21 ac
Lot size
2
Garage
2008
Year built
One
Levels
$274
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$5,287 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$5,287/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Groveland actives
$274 vs $201
Days on market
1 vs 39 typical
Where $274/sqft sits among the 238 Groveland actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Groveland
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Groveland. See the full Groveland guide →
The numbers that matter
The Groveland market
$378K → $380K
Groveland median sold, yr/yr
98.5%
Sale-to-list ratio (12 mo)
118 of 238
Groveland actives have cut their price
Median sold price, Groveland, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 96% above the Groveland median. See the full Groveland market guide →
Paper trail
This home's history
Reality check
What actually sold near 237 BLUE CYPRESS DRIVE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · May ’26$675,000
313 BLUE CYPRESS DRIVE
4 bd · 3.5 ba · 2,979 sqft · $227/sqft · 190 DOM
Sold · Apr ’26$700,000
1133 WHITE WATER BAY DRIVE
4 bd · 3 ba · 2,594 sqft · $270/sqft · 229 DOM
Sold · Dec ’25$800,000
403 BLUE CYPRESS DRIVE
4 bd · 3 ba · 2,593 sqft · $309/sqft · 90 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Rachel Jean-Baptiste
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 237 BLUE CYPRESS DRIVE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 237 BLUE CYPRESS DRIVE — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to Rachel's phone and CRM.
Straight answers
237 BLUE CYPRESS DRIVE FAQs
What would the monthly payment be for 237 BLUE CYPRESS DRIVE?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $5,287/mo — principal and interest, the actual property-tax bill, the $204/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 237 BLUE CYPRESS DRIVE?+
The association fee works out to $204 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 237 BLUE CYPRESS DRIVE?+
The most recent tax bill on record (2025) was $6,105. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 237 BLUE CYPRESS DRIVE?+
The listing reports pets: Breed Restrictions. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Groveland?+
At $765,000, this home is listed about 96% above the Groveland median of $390,495. The market section on this page shows how the area is trending.
The brief
Three things that matter here
01Positioned at the premium end
$765,000 runs 96% above the Groveland median — but at 2,791 sqft it's also 44% larger than the typical Groveland listing.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Fresh on the market
Only 1 day on market in a Groveland market that averages 39 — if it fits, move quickly.
Keep looking
Similar homes nearby
Listing courtesy of KELLER WILLIAMS ELITE PARTNERS III REALTY · Nicole Ceron. MLS #G5116300.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
Never miss a listing
New Groveland homes, in your inbox
Like 237 BLUE CYPRESS DRIVE but not quite? A daily digest of every new listing in Groveland — straight from the MLS, hours after it goes live. Unsubscribe anytime.
Just watching this one home? Ask Rachel to ping you on any price or status change →