417 BLUE CYPRESS DRIVE, GROVELAND, FL, 34736
Active203 days on marketListed Jan 14, 2026MLS #G5106247
About this home
417 BLUE CYPRESS DRIVE
Exceptional Waterfront Opportunity! Discover a truly unique opportunity to own a luxury waterfront residence perfectly positioned between two beautiful bodies of water—a peaceful lake behind the home and a navigable canal in front, with direct access to the Clermont Chain of Lakes. This property delivers an exceptional lifestyle for boating, fishing, both sunrise and sunset lovers! This elegant 4-bedroom, 3.5-bath single-family home features an open, light-filled layout designed to showcase water views from nearly every window. The brick-paved, oversized screened lanai provides the perfect setting for enjoying spectacular sunsets every evening. The first floor includes a formal dining room, a dedicated office with stylish barn doors, and the gourmet kitchen boast updated appliances, stunning countertops, and a layout ideal for both everyday living and entertaining. Also there is an oversized three-car tandem garage with space for vehicles and a golf cart. Upstairs, the expansive primary suite is an elegant private sanctuary, showcasing breathtaking lake views and two spacious walk-in closets. The spa-inspired primary bathroom elevates the experience with dual vanities, a deep soaking tub, an oversized walk-in shower, and serene, panoramic views of the lake. The second bedroom offers the convenience of its own private en-suite bath, while bedrooms three and four share a well-appointed Jack-and-Jill bathroom. Together, these additional guest bedrooms complete the second floor, providing comfort and privacy for family and visitors alike. Located within the gated waterfront community of Waterside Pointe, residents enjoy a vibrant, family-friendly atmosphere featuring a huge resort-style pool, waterslide, golf cart parades, boat parades, food-truck nights, and convenient RV and boat storage. It’s also the closest gated community to Downtown Clermont, offering quick access to shops, restaurants, entertainment, and waterfront events. With the ability to build your own private dock and enjoy direct lake access, this home offers the full lakefront lifestyle!
Facts & features
The home at a glance
4
Bedrooms
3.5
Bathrooms
2,946
Sqft
0.13 ac
Lot size
3
Garage
2019
Year built
Two
Levels
$305
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.
$5,945 /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
$5,945/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.
vs edgeAI estimate
+54.4%
$/sqft vs Groveland actives
$305 vs $201
Days on market
203 vs 48 typical
Where $305/sqft sits among the 220 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 → $355K
Groveland median sold, yr/yr
98.5%
Sale-to-list ratio (12 mo)
112 of 220
Groveland actives have cut their price
Median sold price, Groveland, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 126% above the Groveland median. See the full Groveland market guide →
Paper trail
This home's history
Reality check
What actually sold near 417 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 · same community
4 bd · 3.5 ba · 2,979 sqft · $227/sqft · 190 DOM
Sold · Dec ’25$800,000
403 BLUE CYPRESS DRIVE · same community
4 bd · 3 ba · 2,593 sqft · $309/sqft · 90 DOM
Sold · May ’26$550,000
529 BLUE CYPRESS DRIVE · same community
3 bd · 2.5 ba · 2,282 sqft · $241/sqft · 73 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
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 417 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 417 BLUE CYPRESS DRIVE — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
417 BLUE CYPRESS DRIVE FAQs
What would the monthly payment be for 417 BLUE CYPRESS DRIVE?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $5,945/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 417 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 417 BLUE CYPRESS DRIVE?+
The most recent tax bill on record (2025) was $4,652. 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 417 BLUE CYPRESS DRIVE?+
The listing reports pets: Cats OK, Dogs OK. 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 $899,900, this home is listed about 126% above the Groveland median of $399,000. The market section on this page shows how the area is trending.
The brief
Four things that matter here
01Positioned at the premium end
$899,900 runs 126% above the Groveland median — but at 2,946 sqft it's also 52% 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.
03Time on market is leverage
203 days on market against a Groveland median of 48 — sellers in this position are usually ready to negotiate.
04The price has already moved
Listed at $949,900, now $899,900 — a $50K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of CHARLES RUTENBERG REALTY ORLANDO · Chrissy Keene. MLS #G5106247.
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.
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