16623 ROYAL PALM DRIVE, Groveland, FL, 34736 | $899,900

One or more photo(s) has been virtually staged. GORGEOUS, GATED MEDITERRANEAN HOME IN GARDEN CITY WITH CHAIN OF LAKES LAKE STEWART/ CHERRY LAKE VIEWS FEATURING CIRCULAR DRIVEWAY, 3 CAR GARAGE, INGROUND POOL WITH SUMMER KITCHEN AND 2 SIDED PRIMARY BEDROOM GAS FIREPLACE! THIS HOME IS A STUNNER. . . FROM THE MOMENT YOU DRIVE UP YOU ARE EMBRACED WITH THE LUXURY AND ELEGANT LIFESTYLE OF THIS GAATED LAKE VIEW HOME!
MATURE LANDSCAPING, PAVER CIRCULAR DRIVEWAY AND SIDE ENTRY 3 CAR GARAGE IS THE BEGINNING. LEADING TO DOUBLE GLASS DOORS FRONT COVERED ENTRY STEP INSIDE THIS CUSTOM HOME AND YOU ARE GREETED WITH REAL HARDWOOD FLOORS, VAULTED CEILINGS, AND YOUR OWN PRIVATE OFFICE TO THE LEFT WITH DOUBLE GLASS DOORS. STRAIGHT AHEAD IS THE FORMAL LIVING AREA OVERLOOKING THE POOL AND TO THE RIGHT IS THE FORMAL DINING WITH TRAY CEILING. FROM THE PRIVATE OFFICE THERE IS A CONVENIENT DOOR LEADING TO THE SPACIOUS AND LUXURIOUS PRIMARY BEDROOM FEATURING TRULY A SPA LIKE BATH EXPERIENCE WITH LARGE SOAKING TUB WITH CUSTOM COLUMNS, VIEWS AND WARM OF A 2 SIDED GAS FIREPLACE. TILE SURROUND SHOWER WITH MULTIPLE SHOWER HEADS AND GLASS DOOR. DOUBLE SEPARATE VANITIES AND 2 LARGE CUSTOM WALK IN CLOSETS. THE 2ND AND 3RD BEDROOMS WITH HARDWOODS FLOOR SHARE JACK N JILL DOUBLE VANITY BATH WITH COMBO TUB/SHOWER WITH SLIDING GLASS DOORS. MAKING YOUR WAY BACK THROUGH THROUGH THE FORMAL LIVING AND DINING THERE IS A 1/2 A BATH . THE AMAZING LAUNDRY ROOM WITH UTILITY SINK HAS CUSTOM CABINETS, A MUD ROOM AREA AND PLENTY OF WORKABLE AREAS LEADING TO 3 CAR GARAGE. LET'S TALK ABOUT THE KITCHEN FEATURING A MASSIVE ISLAND WITH PENDANTS, CUSTOM BACKSPLASH, STAINLESS STEEL APPLIANCES, STAINLESS RANGE HOOD FOR COOKTOP AND BUIT IN DESK AREA. THERE IS SO MUCH GRANITE COUNTER SPACE ITS IMPRESSIVE. PERFECTLY POSITION IS BREAKFAST AND AND 2ND LIVING/FAMILY ROOM. THE 4TH BEDROOM IS OFF OF FAMILY ROOM AND IS THE HOME TO ITS OWN PRIVATE ENSUITE BATH WITH DOOR LEADING TO POOL. GREAT BATH FOR KEEPING THE WET FEET ISOLATED. OFF OF KITCHEN ARE WOOD FLOOR STEPS LEADING TO THE SECOND FLOOR LIVING AREA WITH SECOND STORY BALCONY WITH BEAUTIFUL VIEWS OF LAKE STEWART. IN THIS AREA THERE IS A SPACIOUS LIVING ROOM, BAR AND 5TH BEDROOM WITH 4TH FULL BATH. THIS COULD POTENTIAL BE A GREAT TEEN AREA OR IN LAW SUITE. DROPPING BACK DOWN STAIRS TO OUTSIDE EITHER THROUGH FAMILY ROOM FRENCH DOORS OR FRON THE LIVING ROOM DOORS TO THE COVERED LANAI FEATURING SUMMER KITCHEN WITH GRILL WITH HOOD, REFRIGERATOR AND OUTDOOR DINING AREA. THE SCREENED IN POOL IS PRIVATE AND HAS A HOT TUB FOR YOUR ENTERTAINMENT NEEDS. THIS PROPERTY IS THE BEST OF THE BEST AND PRICED TO SELL! LAKE VIEWS AND LAKE LIFE IN A HIGHLY SOUGHT AFTER GATED COMMUNITY! COMMUNITY HAS COMMUNITY BOAT RAMP, FISHING PIER WITH COVERED DOCK AS WELL. ALL WATER ACCESS LEADSFROM CHERRY LAKE TO CHAIN OF LAKES ACCESS!

Features

  • Rooms: 4
  • Bedrooms: 5
  • Baths: 4 full / 1 half
  • Laundry: Inside, Laundry Room
  • Style: Mediterranean
  • Year Built: 2007
  • Garage: 3-car Circular Driveway, Oversized
  • Heating: Central, Electric, Heat Pump, Zoned
  • Cooling: Central Air, Zoned
  • Approx Sq. Feet: 4,106
  • Acreage: 0.52
  • Est. Taxes: $4,456
  • HOA Fee: $1,750 Annually
  • Lot Desc: In County, Near Public Transit, Sidewalk
  • View: Pool, Trees/Woods
  • Elem. School: Groveland Elem
  • Middle School: Gray Middle
  • High School: South Lake High
  • Pool: Deck, Gunite, Heated, In Ground, Lighting, Pool Sweep, Salt Water, Screen Enclosure, Tile
  • Pet Policy: Yes
  • Appliances: Bar Fridge, Built-In Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Range Hood, Refrigerator, Washer, Wine Refrigerator
  • MLS#: O6380686
  • Days on Market: 91 days
  • Website: https://www.raveis.com
    /prop/O6380686/16623royalpalmdrive_groveland_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 6/4/2026 7:32:10 AM)
Listing courtesy of GAILEY ENTERPRISES REAL ESTATE   Phone: 770-733-2596

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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305.922.5393

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Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
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16623 ROYAL PALM DRIVE, Groveland, FL, 34736

$899,900

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $719,920 $719,920 $719,920
Term 360 months 360 months 180 months
Initial Interest Rate** 6.000% 6.250% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.350% 6.349% 6.183%
Monthly Tax Payment $371 $371 $371
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,316 $4,433 $6,075
Total Monthly Payment $4,779 $4,896 $6,538

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.