$379,000
NEW CONSTRUCTION $4K PRICE DROP

7331 Capstone Dr Groveland, FL 34736

Estimated payment $2,476/month

4 Beds
2.5 Baths
2,271 Sq Ft
$167 Price per Sq Ft

Highlights

  • Water Views
  • Traditional Architecture
  • Great Room
  • New Construction
  • Loft
  • 2 Car Attached Garage

About This Home

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

Listing Agent

Michelle Campbell

TAYLOR MORRISON REALTY OF FLORIDA INC Brokerage Phone: 407-756-5025 License #3601813 Listed on: 09/09/2025

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2025 | New Construction

Lot Details

  • 5,945 Sq Ft Lot
  • Southwest Facing Home
  • Irrigation Equipment

HOA Fees

  • $113 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Home is estimated to be completed on 9/9/25
  • Traditional Architecture
  • Bi-Level Home
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 2,271 Sq Ft Home
  • Window Treatments
  • Sliding Doors
  • Great Room
  • Dining Room
  • Loft
  • Inside Utility
  • Water Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • Groveland Elementary School
  • Gray Middle School
  • South Lake High School

Utilities

  • Central Air
  • Heating Available
  • Underground Utilities
  • Natural Gas Connected
  • Tankless Water Heater
  • Cable TV Available

Community Details

  • Association fees include ground maintenance
  • Castle Management – Dean Garrow Association, Phone Number (954) 792-6000
  • Built by Taylor Morrison
  • Waterstone Subdivision, Elm Floorplan

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Visit Down Payment Resource Website
  • Legal Lot and Block 238 / 22
  • Assessor Parcel Number NALOT238
  • $1,720 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 2025 | New Construction

Lot Details

0

HOA Fees

$113 per month

Parking

2

Listing Details

  • HOA Fee Includes: Maintenance Grounds
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2271
  • Lot Size Acres: 0.13
  • New Construction: Yes
  • Year Built: 2025
  • Building Area Total: 2790
  • Lot Size Sq Ft: 5945
  • Status: Active
  • Ownership: Fee Simple
  • Escrow State: FL
  • Minimum Lease: 7 Months
  • RATIO Current Price By Calculate: 166.89
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 407-756-5025
  • Tax Year: 2024
  • Special Features: 4099

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Tankless Water Heater, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Two
  • Other Equipment: Irrigation Equipment
  • Window Features: Window Treatments
  • Additional Rooms: Inside Utility,Loft
  • Living Area Meters: 210.98

Exterior Features

  • Direction Faces: Southwest
  • Exterior Features: Sliding Doors
  • Roof: Shingle
  • Home Warranty: Yes
  • Pool Private: No
  • View: Water
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Projected Completion Date: 2025-09-09T00:00:00.000

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: Cable Connected, Natural Gas Connected, Underground Utilities
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Electric Dryer Hookup, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • Association Amenities: Other
  • Association Fee: 112.5
  • Association Fee Frequency: Monthly
  • Association Name: Castle Management – Dean Garrow
  • Phone: 954-792-6000
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: Please see Community Sales Manager for more information.
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 1350.00
  • Total Monthly Fees: 112.50
  • Monthly HOA Amount: 112.50

Schools

  • Elementary School: Groveland Elem
  • High School: South Lake High
  • Middle Or Junior School: Gray Middle

Lot Info

  • Parcel Number: NALOT238
  • Additional Parcels: No
  • Property Attached Yn: Yes
  • Flood Zone Code: X

Building Info

  • Builder Name: Taylor Morrison

Rental Info

  • Pets Allowed: Breed Restrictions, Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Please see Community Sales Manager for more information.

Tax Info

  • Tax Block: 22
  • Tax Book Number: 84/48-67
  • Tax Lot: 238
  • Tax Other Annual Assessment Amount: 1720

Multi Family

  • Approval Process: Please see Community Sales Manager for more information.

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2025 10/02/25 Price Changed $379,000 +1.1% $167 / Sq Ft
09/15/2025 09/15/25 Price Changed $375,000 -2.1% $165 / Sq Ft
07/01/2025 07/01/25 For Sale $383,000 -- $169 / Sq Ft
Source: Stellar MLS

Source: Stellar MLS

MLS Number: O6342748

Stellar MLS
Florida Lake County Groveland 34736

7331 Capstone Dr, Groveland, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

Nearby Homes
Listing Agent
Michelle Campbell
Section Image
TAYLOR MORRISON REALTY OF FLORIDA INC
(352) 570-5882