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ROYAL PALM DRIVE UNIT 15

Lots/Land For Sale
$300,000

BTC: 5.00834725

ETH: 181.81818182

292 days
Waterfront
0 room(s)

Overview

Take advantage of a 1% of the loan amount lender credit towards buy downs or closing costs when utilizing seller's preferred lender. BACK ON MARKET! Discover the perfect opportunity to design and build your dream home on this exclusive waterfront lot in the prestigious gated community of Garden City. Nestled along the shores of Cherry Lake, Lot 15 offers direct water access with the ability to build your own private dock—ideal for boating, fishing, and enjoying breathtaking lakefront sunsets. With utilities already run to the front of the site, you’ll save time and money when beginning your custom build. Garden City is known for its luxury standards, with a minimum 3,800 sq. ft. requirement for waterfront homes (3,000 sq. ft. for interior lots), ensuring a consistent, elegant neighborhood feel. Imagine crafting your personal oasis: whether it’s a modern lake retreat, a timeless estate, or a family compound, this lot gives you the space, views, and exclusivity to make it a reality. Waterfront Lot with Dock Potential, Utilities in Place at Front of Lot, Gated Luxury Community, 3,800 Sq. Ft. Minimum Build for Waterfront. Don’t miss this rare chance to own waterfront property in one of Groveland’s most desirable communities.

Location

Details

Type:
Land
Parking:
No Data
Year Built:
No Data
Lot:
0.74 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
$1,500

Valuation

Our model vs. what's actually selling nearby.
Estimate
$189,000
$154K – $274K
Confidence Low
List vs. estimate
$111K above estimate
List $300,000 · +58.7%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
5 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$2,529
2024
HOA
$1,500/yr
Private Road
View
Water
Waterfront
Lake Front, Lake - Chain of Lakes
Pets
Allowed
All facts and features
  • Lot

    • Lot: 0.74 Acres

    Other Property Information

    • Parcel Number: 082225100500001500

    • Zoning: PUD

  • Type and style

    • Property Type: Land

  • Utility

    • BB/HS Internet Available

    • Cable Available

    • Electrical Nearby

    • Electricity Available

    • Phone Available

    • Underground Utilities

    • Water Nearby

  • Other financial information

    • HOA: $1,500

    • HOA Frequency: Annually

    • Annual tax amount: $2,529

  • Source details

    • MLS ID: G5101677

    Other facts

    • Lot Features: Buildable / Cleared / Private / Street Lights

    • Direction Faces: Northeast

    • Waterfront: Yes

    • Water Body Name: CHERRY LAKE

    • Water Source: Well Required

    • Lot Size Dimensions: 145 x 222

    • Subdivision Name: GARDEN CITY PH 01B TR A

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: SERHANT