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Improved Mixed-Use Land for Sale in Groveland, Florida

508 Yellow Submarine, Groveland, FL 34736

$750,000
1.69 acres
Active
$49k drop
Est $4,298/mo

One or more photo(s) has been virtually staged. Discover Florida living at its finest! This beautifully maintained 4-bedroom plus office, 3-bath home is perfectly situated on a 1.69-acre corner lot in the gated community of Blue Spring Reserve. From the moment you enter, the home showcases 9-foot ceilings, elegant crown molding, and an open-concept layout filled with natural light. The spacious kitchen opens to the living and dining areas, creating an ideal layout for entertaining. The primary suite offers a relaxing retreat with dual vanities, a soaking tub, and a separate shower, while the additional bedrooms and office provide flexibility for guests, work, or hobbies. The screened-in patio overlooks the fenced backyard, providing a peaceful setting for outdoor enjoyment. A 3-car garage offers generous room for vehicles, storage, or a workshop.

Blue Spring Reserve is known for its serene, nature-filled atmosphere while being conveniently located near US-27, SR-50, and Florida's Turnpike. The surrounding Groveland area continues to see significant growth with nearby master-planned communities, mixed-use developments, new retail and dining options, expanded parks and trail systems, and ongoing roadway and infrastructure improvements. Notable projects include large-scale residential neighborhoods and commercial centers designed to support long-term expansion and increased demand. Easy access to Clermont, Winter Garden, shopping, dining, and major highways offers an ideal balance of privacy, space, convenience, and future value in Central Florida.

2,974
Sq feet
4
Beds
3
Full baths
2012
Built

Location

Street address
508 Yellow Submarine
Community
Blue Spring Reserve
Elevation
83 feet
Coordinates
28.6521, -81.7911

Directions

From Florida's Turnpike, take Exit 285 toward Groveland/Clermont and head west on Highway 50. Turn left onto County Road 561 and continue to Long and Winding Road. Turn right into the gated entrance of Blue Spring Reserve, then follow Blue Spring Reserve Drive to Yellow Submarine Court. The home will be on the large corner lot on your right.

Property details

Acreage
1.69 acres
Zoning
PUD
MLS #
MFRMLS O6353026
Posted

Property taxes

2024
$5,829

Expenses

Home Owner Assessments Fee
$138 monthly

Parcels

  • 14-21-25-0200-000-00700

Legal description

Open houses

DateBeginsEndsAppt neededRemarks
Feb 21, 202612:00 PM2:00 PMNo

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Exterior

Parking
Attached Garage, Garage
Fencing
Fenced, Gate
Features
Fencing, Sliding Doors

Structure

Style
New Traditional
Heating
Central
Cooling
Central Air
Materials
Block, Stucco
Roof
Metal

Interior

Room Count
10
Rooms
Bathroom x 3, Bedroom x 4, Kitchen, Living Room, Office
Flooring
Tile, Wood
Appliances
Dishwasher, Microwave, Refrigerator, Washer
Security
Gated Community
Features
Ceiling Fans(s), Crown Molding, Primary Bedroom Main Floor, Split Bedroom, Tray Ceiling(s)

Listing history

DateEventPriceChangeSource
Feb 16, 2026Price drop$750,000$49,000 -6.1%MFRMLS
Jan 9, 2026Price drop$799,000$26,000 -3.2%MFRMLS
Oct 17, 2025New listing$825,000MFRMLS
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This 1.69-acre property is located at 508 Yellow Submarine in Groveland, FL 34736. The property is available for sale for $750,000. It has a 2,974 sq ft 4 bedroom, 3 bath house built in 2012.

Checked 1 hour ago — Updated

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