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
Sold for $381,000
$381,000
7331 Capstone Dr, Groveland, FL 34736
4beds
2,271sqft
Single Family Residence
Built in 2025
5,945 Square Feet Lot
$379,700 Zestimate®
$168/sqft
$2,500 Estimated rent
Home value
$379,700
$357,000 - $402,000
$2,500/mo
Zestimate® history
Loading...
Owner options
List your home for rent
$2,500/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
Learn more$2,500/mo
Rent Zestimate®
Refinance and save
$2,626/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
See today's rates$2,626/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked: 7 hours ago
Listing updated: January 27, 2026 at 08:53am
Listing Provided by:
Michelle Campbell 407-756-5025,
TAYLOR MORRISON REALTY OF FLORIDA INC 407-756-5025
Bought with:
Maria Nunez, 3217310
COMPASS FLORIDA LLC
Source: Stellar MLS,MLS#: O6342748
Originating MLS: Orlando Regional
Originating MLS: Orlando Regional
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
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
Bedroom 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: Garage - Attached
- Attached garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Exterior features: Irrigation System
- Has view: Yes
- View description: Water
- Water view: Water
Lot
- Size: 5,945 sqft
Details
- Parcel number: NALOT238
- 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 & neighborhood
Community
- Community features: None
Location
- Region: Groveland
- Subdivision: WATERSTONE
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $113 monthly
- Amenities included: Other
- Services included: Maintenance Grounds
- Association name: Castle Management – Dean Garrow
- Association phone: 954-792-6000
Other fees
- Pet fee: $0 monthly
Other financial information
- Total actual rent: 0
Other
Other facts
- Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
- Ownership: Fee Simple
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 1/26/2026 | Sold | $381,000+4.4%$168/sqft |
Source:  Stellar MLS #O6342748 Report a problem | ||
| 12/22/2025 | Pending sale | $364,940$161/sqft |
Source: Stellar MLS #O6342748 Report a problem | ||
| 11/14/2025 | Price change | $364,940-3.7%$161/sqft |
Source: Stellar MLS #O6342748 Report a problem | ||
| 10/2/2025 | Price change | $379,000+1.1%$167/sqft |
Source: Stellar MLS #O6342748 Report a problem | ||
| 9/14/2025 | Price change | $375,000-2.1%$165/sqft |
Source: Stellar MLS #O6342748 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 34736
Nearby schools
GreatSchools rating
- 2/10Groveland Elementary SchoolGrades: PK-5Distance: 3.4 mi
- 4/10Gray Middle SchoolGrades: 6-8Distance: 3 mi
- 4/10South Lake High SchoolGrades: 9-12Distance: 3.7 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.
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
$379,700
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
$379,700
- Florida
- Lake County
- Groveland
- 34736
- 7331 Capstone Dr