
603 WATERWOOD DRIVE, YALAHA, FL, 34797
Active92 days on marketListed May 5, 2026MLS #G5111732
About this home
603 WATERWOOD DRIVE
Welcome to your slice of lake living in Yalaha. This beautifully maintained 3-bedroom, 3-bathroom home offers over 1,800 square feet of comfortable living space nestled along the scenic Harris Chain of Lakes—truly a boater’s paradise. Enjoy tranquil water views from the spacious back porch featuring a pond and fountain, perfect for morning coffee or relaxing evenings. This meticulously cared-for property features numerous recent upgrades, including a new HVAC system (2023), updated plumbing and electrical panel (2023), a new water heater (2021), and most windows replaced in 2021. Additional highlights include a central vacuum system for added convenience. Located in a quiet, established, and private neighborhood, residents enjoy access to a community clubhouse and pool, with the option to acquire a boat slip for direct access to the chain of lakes. Conveniently positioned near major roadways, commuting and travel are effortless. Just minutes from Clermont, you’ll find dining, shopping, and entertainment, including the locally loved Yalaha Bakery right around the corner. The home is also ideally located near the southern end of The Villages, offering additional lifestyle amenities. Whether you’re seeking a peaceful full-time residence or a seasonal retreat, this home delivers the best of Florida living—waterfront serenity, modern updates, and an unbeatable location.
Facts & features
The home at a glance
3
Bedrooms
3
Bathrooms
1,872
Sqft
0.06 ac
Lot size
2
Garage
1985
Year built
Two
Levels
$163
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.
$2,714 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
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
Estimated payment
$2,714/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. 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 Yalaha actives
$163 vs $196
Days on market
92 vs 96 typical
Where $163/sqft sits among the 10 Yalaha 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 Yalaha
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Yalaha. See the full Yalaha guide →
YALAHA 34797 — neighborhood snapshot
Population
1,142
Median age
71.5
Median income
$127,616
Median home value
$387,700
Avg household
1.96
Households w/ children
68%
For the school run
Lake County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Yalaha market
$521K → $320K
Yalaha median sold, yr/yr
95.2%
Sale-to-list ratio (12 mo)
9 of 10
Yalaha actives have cut their price
Median sold price, Yalaha, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 13% below the YALAHA 34797 median. See the full Yalaha market guide →
Paper trail
This home's history
Reality check
What actually sold near 603 WATERWOOD 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$374,999
6870 SPANISH IMPERIAL STREET
4 bd · 2 ba · 1,867 sqft · $201/sqft · 86 DOM
Sold · Feb ’26$350,000
102 CEDAR WAY
3 bd · 2 ba · 1,855 sqft · $189/sqft · 357 DOM
Sold · May ’26$299,000
5 MAGNOLIA LANE
3 bd · 2 ba · 1,953 sqft · $153/sqft · 210 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 603 WATERWOOD DRIVE — start here.

Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 603 WATERWOOD 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
603 WATERWOOD DRIVE FAQs
What would the monthly payment be for 603 WATERWOOD DRIVE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,714/mo — principal and interest, the actual property-tax bill, the $283/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 603 WATERWOOD DRIVE?+
The association fee works out to $283 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 603 WATERWOOD DRIVE?+
The most recent tax bill on record (2025) was $4,083. 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 603 WATERWOOD DRIVE?+
The listing reports pets: Yes. 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 Yalaha?+
At $305,000, this home is listed about 2% above the Yalaha median of $299,000. The market section on this page shows how the area is trending.
Which schools are assigned to 603 WATERWOOD DRIVE?+
Leesburg High School (high), Oak Park Middle School (middle), Leesburg Elementary School (elementary) — Lake County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Under the YALAHA 34797 market on paper
$305,000 is 13% below the YALAHA 34797 median of $349,999, and at $163/sqft it sits under the Yalaha average of $237.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03The price has already moved
Listed at $319,000, now $305,000 — a $14K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of FLORIDA HOMES REALTY & MORTGAGE · Laci DeMoss. MLS #G5111732.
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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