What's Special: South Facing Patio | Loft | White Cabinets. New Construction – Ready Now! Built by Taylor Morrison, America’s Most Trusted Homebuilder. Welcome to The Elm at 7351 Capstone Drive in Waterstone. This beautiful two-story home offers 2,271 sq. ft. of thoughtfully designed living space. This open-concept home features 4 bedrooms, 2.5 bathrooms, a versatile loft, and a 2-car garage. Step inside to a welcoming foyer that leads to a spacious great room, dining area, and stylish kitchen, with a convenient half-bath nearby. Upstairs, a bright loft anchors three secondary bedrooms and a full bath, while your private primary suite offers a spa-like retreat with dual vanity sinks, a walk-in shower, and a generous closet. A covered patio extends your living space outdoors, perfect for soaking up the Florida sunshine! New single-family homes are now selling at Waterstone! Spanning over 400 acres, Waterstone seamlessly flows into the natural landscape of Groveland, Florida, just minutes from Clermont. Surrounded by the rolling hills of Lake County, residents can also enjoy nearby lakes including Cherry Lake and Lake Minneola. This community's premier location, on Villa City Road, offers convenient access to the Western Beltway, Florida’s Turnpike and State Roads 50 and 19. At home, you have access to the planned amenities including a pool, cabana, dog park, Nature Play Space and numerous National Wildlife Federation Monarch Butterfly Gardens. Design highlights added include: 2" faux wood blinds, side by side refrigerator and washer and dryer. MLS#O6285632
Sold for $350,000
Zestimate®
$350,000
7351 Capstone Dr, Groveland, FL 34736
4beds
2,271sqft
Single Family Residence
Built in 2025
5,941 Square Feet Lot
$350,000 Zestimate®
$154/sqft
$2,662 Estimated rent
Home value
$350,000
$333,000 - $368,000
$2,662/mo
Zestimate® history
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List your homeWhat's special
Versatile loftBright loftOpen-concept homeStylish kitchenSpacious great roomWalk-in showerCovered patio
Zillow last checked:
Listing updated:
Listed by:
Michelle Campbell 407-756-5025,
TAYLOR MORRISON REALTY OF FLORIDA INC 407-756-5025
Bought with:
Diana Rodriguez Otero, 3468711
FLORIDA REALTY INVESTMENTS
Source: Stellar MLS,MLS#: O6285632
Originating MLS: Orlando Regional
Originating MLS: Orlando Regional
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Rooms
- Room types: Utility Room
Primary bedroom
- Features: Walk-In Closet(s)
- Level: Second
Bedroom 2
- Features: Built-in Closet
- Level: Second
Bedroom 3
- Features: Built-in Closet
- Level: Second
Bathroom 4
- Features: Built-in Closet
- Level: Second
Dining room
- Level: First
Great room
- Features: No Closet
- Level: First
Kitchen
- Features: No Closet
- Level: First
Loft
- Level: Second
Heating
- Electric
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Tankless Water Heater, Washer
- Laundry: Electric Dryer Hookup, Inside, Washer Hookup
Features
- Flooring: Carpet, Tile
- Doors: Sliding Doors
- Windows: Window Treatments
- Has fireplace: No
Interior area
- Total structure area: 2,790
- Total interior livable area: 2,271 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Garage Door Opener
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
Lot
- Size: 5,941 Square Feet
Details
- Parcel number: 012224002000023300
- Zoning: RES
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
- Attached to another structure: Yes
Materials
- Block
- Foundation: Slab
- Roof: Shingle
Condition
- Completed
- New construction: Yes
- Year built: 2025
Details
- Builder model: ELM
- Builder name: Taylor Morrison
- Warranty included: Yes
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Natural Gas Connected, Underground Utilities
Community & HOA
Community
- Features: Community Mailbox, Dog Park, Irrigation-Reclaimed Water, Playground, Pool, Sidewalks
- Pet fee: $0 monthly
- Subdivision: WATERSTONE
HOA
- Has HOA: Yes
- Amenities included: Playground, Pool
- Services included: Internet, Other
- HOA fee: $117 monthly
- HOA name: Castle Management – Madison Clark
- HOA phone: 954-302-5315
Location
- Region: Groveland
Financial & listing details
- Price per square foot: $154/sqft
- Tax assessed value: $52,000
- Annual tax amount: $2,614
- Date on market: 2/28/2025
- Cumulative days on market: 197 days
- Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
- Ownership: Fee Simple
- Total actual rent: 0
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 5/28/2026 | Sold | $350,000$154/sqft |
Source:  Stellar MLS #O6285632 Report a problem | ||
| 4/22/2026 | Pending sale | $350,000$154/sqft |
Source: Stellar MLS #O6285632 Report a problem | ||
| 4/14/2026 | Price change | $350,000-7.9%$154/sqft |
Source: Stellar MLS #O6285632 Report a problem | ||
| 4/5/2026 | Price change | $380,000-1.1%$167/sqft |
Source: Stellar MLS #O6285632 Report a problem | ||
| 2/4/2026 | Price change | $384,104+0.3%$169/sqft |
Source: Stellar MLS #O6285632 Report a problem | ||
| 11/23/2025 | Price change | $383,104-6.6%$169/sqft |
Source:  Taylor Morrison Report a problem | ||
| 4/19/2025 | Pending sale | $410,164$181/sqft |
Source: Stellar MLS #O6285632 Report a problem | ||
| 2/28/2025 | Listed for sale | $410,164$181/sqft |
Source: Stellar MLS #O6285632 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,614 | $52,000 |
Find assessor info on the county website
Neighborhood: 34736
Nearby homes
- $300,0003 bd2 ba1.4k sqft7347 Capstone Dr, Groveland, FL 34736Sold
- $378,0003 bd2 ba1.8k sqft7355 Capstone Dr, Groveland, FL 34736Sold
- $330,0003 bd2 ba1.4k sqft7359 Capstone Dr, Groveland, FL 34736Sold
- $320,0003 bd2 ba1.6k sqft7363 Capstone Dr, Groveland, FL 34736Sold
- $344,9403 bd3 ba1.8k sqft7335 Capstone Dr, Groveland, FL 34736Sold
- $420,8945 bd4 ba2.5k sqft7367 Capstone Dr, Groveland, FL 34736Sold
- $355,9904 bd3 ba2.1k sqft7259 Hammerstone Way, Groveland, FL 34736Sold
- $378,0004 bd3 ba2k sqft7384 Capstone Dr, Groveland, FL 34736Sold
Nearby schools
GreatSchools rating
- 2/10Groveland Elementary SchoolGrades: PK-5Distance: 3.4 mi
- 4/10Gray Middle SchoolGrades: 6-8Distance: 2.9 mi
- 4/10South Lake High SchoolGrades: 9-12Distance: 3.6 mi
Schools provided by the listing agent
- Elementary: Groveland Elem
- Middle: Gray Middle
- High: South Lake High
Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$350,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$350,000
- Florida
- Lake County
- Groveland
- 34736
- 7351 Capstone Dr
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