Waterstone: New Homes in Groveland FL by Lennar (2026 Guide)

by Rebecca Redman-Hamaoui

Waterstone is a community of new single-family homes in Groveland, FL 34736, built by Lennar. As of November 13, 2026, Lennar lists the community as actively selling, with Cottage Collection starting prices from $309,240 to $395,240, four buildable plans from 1,424 to 2,034 square feet, and six homes available. The Welcome Home Center is at 7664 Gemstone Street.

Waterstone by Lennar: Quick Facts

Detail Waterstone (Lennar)
Builder Lennar
Location 7664 Gemstone Street, Groveland, FL 34736 (Lake County)
Status (November 13, 2026) Actively selling; Cottage Collection
Collection starting prices $309,240 to $395,240
Homes available Six, including one move-in ready home
Plan sizes 1,424 to 2,034 sq ft
Beds / baths 3 to 4 bedrooms, 2 to 2.5 baths, 2-car garages
Stories One- and two-story plans
Homesites listed 68 in the Cottage Collection
HOA About $116.38 per month (Lennar approximate figure)
Special assessment About $1,737.74 (Lennar approximate figure; billing period not stated)
Schools (Lake County Schools zone map) Groveland Elementary, Gray Middle and South Lake High

About Lennar

Lennar is a national homebuilder headquartered in Miami and founded in 1954. It ranks among the largest homebuilders in the United States.

Floor Plans and Pricing at Waterstone

What floor plans are available at Waterstone?

Lennar currently lists one collection at Waterstone, the Cottage Collection. As of November 13, 2026, the four buildable plans are:

  • Kitson: 3 bed, 2 bath, 1,424 sq ft, 2-car garage, single-story, from $341,240. Open kitchen, living and dining areas, with the owner's suite at the back of the home.
  • Sentosa: 4 bed, 2 bath, 1,600 sq ft, 2-car garage, single-story, from $347,490. Open living area at the back of the home, plus an owner's suite with a private bath and walk-in closet.
  • Morrow: 4 bed, 2.5 bath, 1,910 sq ft, 2-car garage, two-story, from $374,740. First-floor owner's suite, with three bedrooms and a loft upstairs.
  • Whitetail: 4 bed, 2.5 bath, 2,034 sq ft, 2-car garage, two-story, from $395,240. Kitchen, family room and dining room downstairs, with a loft, owner's suite and three bedrooms upstairs.

Some listed homes are priced below those plan starting prices. Confirm the current number with Lennar before you write an offer.

Are there move-in ready homes at Waterstone?

As of November 13, 2026, Lennar shows six homes available:

  • 297 Ceramic Lane, a move-in ready Sentosa, 4 bed, 2 bath, 1,600 sq ft, $315,990.
  • 7757 Marble Street, a Sentosa under construction, 4 bed, 2 bath, 1,600 sq ft, $318,490.
  • 7750 Marble Street, a Morrow under construction, 4 bed, 2.5 bath, 1,910 sq ft, $348,240.
  • 7749 Marble Street, a Whitetail under construction, 4 bed, 2.5 bath, 2,034 sq ft, $362,740.
  • 7761 Marble Street, a Kitson coming soon, 3 bed, 2 bath, 1,424 sq ft, $309,240.
  • 318 Ceramic Court, a Sentosa coming soon, 4 bed, 2 bath, 1,600 sq ft, $315,990.

Four of those listings also show a price-reduction tag on Lennar's site. The terms are not spelled out on the community page, so ask what the current price includes and whether any incentive requires Lennar Mortgage.

What amenities does Waterstone offer?

Lennar lists finished onsite amenities: a swimming pool, a dog park and a playground. Official community photos dated March 4, 2026, show the pool and a pool deck with a shade structure. If the dog park or playground matters to you, confirm both are open and ask what the HOA maintains.

Location and Schools: New Homes in Groveland FL

Waterstone sits on the west side of Groveland, with the Welcome Home Center at 7664 Gemstone Street. Driving routes from that address on November 13, 2026, use Villa City Road and State Road 19 to reach US-27 and Florida's Turnpike. Lake David Park is about 4 miles away, a Publix on Singleton Circle is about 6 miles away, and Clermont City Hall is about 10 miles away. Lake Eola Park in downtown Orlando is about 38 miles away.

The Lake County Schools attendance zone map places the Welcome Home Center, 297 Ceramic Lane and 7761 Marble Street in the zones for Groveland Elementary, Gray Middle and South Lake High. Lennar's community page lists only Gray Middle and notes that its school data may not be current. Check your exact homesite with the Lake County Schools locator.

Who Waterstone Fits

Waterstone suits buyers who want a new 3 or 4 bedroom home in Groveland with an onsite pool and collection pricing under $400,000 as of November 2026. The Kitson and Sentosa keep living space on one floor. The Morrow and Whitetail add a loft and upstairs bedrooms. Buyers with a daily Orlando commute should drive the route at rush hour first.

What to Confirm Before You Buy

  • The exact HOA amount, what it covers, and whether the pool, dog park and playground are open.
  • What the special assessment of about $1,737.74 is for, how often it is billed, and whether a CDD or another district applies to your homesite.
  • Lot premiums, the phase your homesite is in, and estimated completion dates on homes still being built.
  • Your school zone by homesite, and any incentive terms tied to the builder's lender.

Our CDD vs. HOA primer explains how each fee works. For another Lennar community in the same city, see our Meadow Pointe guide. As Rebecca Hamaoui, REALTOR® with Bella Trae Realty, I help buyers compare builder contracts and fees across Groveland, Clermont and south Lake County. Read more new-build guides on the Bella Trae Realty blog.

Schedule a Visit

Thinking about Waterstone? Reach out and I can help you compare plans, homesites and incentives before you tour.

Rebecca Hamaoui, REALTOR® | Bella Trae Realty | 407-922-8986 | rebecca@bellatraerealty.com

Disclaimer: All information provided is deemed reliable but not guaranteed. Pricing, availability, floor plans, fees, school zones and community features are subject to change without notice. Information is current as of November 13, 2026. Please contact Bella Trae Realty at 407-922-8986 to verify all details before making any purchasing decisions. Bella Trae Realty is not affiliated with Lennar and acts as an independent real estate resource.

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Rebecca Redman-Hamaoui

Rebecca Redman-Hamaoui

Broker BK3340992

+1(407) 922-8986

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