
Improved Mixed-Use Land for Sale in Groveland, Florida
508 Yellow Submarine, Groveland, FL 34736
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.
Location
- Street address
- 508 Yellow Submarine
- County
- Lake County
- Community
- Blue Spring Reserve
- Elevation
- 83 feet
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
GROVELAND, BLUE SPRING RESERVE SUB LOT 7 BEING IN 22-21-25 PB 58 PG 93-101 ORB 3838 PG 1570
Open houses
| Date | Begins | Ends | Appt needed | Remarks |
|---|---|---|---|---|
| Feb 21, 2026 | 12:00 PM | 2:00 PM | No | — |
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
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Feb 16, 2026 | Price drop | $750,000 | $49,000 -6.1% | MFRMLS |
| Jan 9, 2026 | Price drop | $799,000 | $26,000 -3.2% | MFRMLS |
| Oct 17, 2025 | New listing | $825,000 | — | MFRMLS |


















































