340 ALCOVE DRIVE, Groveland, FL, 34736 | $330,000

Discover easy, resort-style living in the sought-after Cascades of Groveland(Trilogy)—where active adult living 55+ meets smart upgrades and everyday comfort. This beautifully maintained high on the hill 2-bedroom villa stands out the moment you arrive.
One of its most impressive features is the 20+ fully paid solar panels, delivering remarkable efficiency with an average electric bill of approximately $35/month—a rare and valuable advantage.
Inside, you'll find a bright, open floor plan designed for both entertaining and relaxed living, featuring ceramic tile throughout the main living areas and warm laminate flooring in both bedrooms. The upgraded kitchen is the heart of the home, showcasing granite countertops, stainless steel appliances, 36” cabinets, a gas range, pendant lighting, and a center island ideal for casual dining or morning coffee.
Natural light pours through double-pane windows, while three new Pella doors with built-in blinds add both style and function. Just beyond, your private outdoor retreat awaits—complete with a covered and oversized screened lanai, relaxing hot tub and two smart retractable awnings with LED lighting, and a beautifully landscaped low-maintenance backyard with accent lighting. A separate open-air patio creates the perfect setting for evening wine or dining under the Florida sky.
The flexible bonus space is ideal as a home office, reading room, or cozy TV retreat. Bedrooms are thoughtfully positioned on opposite sides for privacy, with the spacious primary suite offering French doors to the lanai, a custom walk-in closet, linen closet and an ensuite bath featuring a zero-entry glass shower and private water closet.
And the lifestyle? It’s second to none. Residents enjoy access to the incredible amenities of Magnolia House, including indoor and outdoor pools, fitness center, pickleball, tennis, restaurant, bar, card rooms, craft spaces, and a full calendar of social activities. HOA fees include Cable, Internet, Security and more!
If you’ve been waiting for a home that offers efficiency, privacy, upgrades, and an active lifestyle—this villa deserves a spot at the top of your list.

Features

  • Amenities: Cable TV, Clubhouse, Fitness Center, Gated, Pickleball Court(s), Pool, Recreation Facilities, Security, Spa/Hot Tub, Tennis Court(s), Trail(s), Wheelchair Access
  • Rooms: 8
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Inside, Laundry Closet
  • Year Built: 2017
  • Garage: 2-car Garage Door Opener
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 1,568
  • Acreage: 0.11
  • Est. Taxes: $988
  • HOA Fee: $578 Monthly
  • Adult Communities: Yes
  • Pet Policy: Yes
  • Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • MLS#: O6406086
  • Days on Market: 3 days
  • Website: https://www.raveis.com
    /prop/O6406086/340alcovedrive_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 5/25/2026 3:17:07 PM)
Listing courtesy of LOCK N KEY REALTY LLC   Phone: 407-256-1113

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

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
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Pedro DelgadilloInsurance Sales Director, William Raveis Insurance

305.922.5393

Pedro.Delgadillo@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

340 ALCOVE DRIVE, Groveland, FL, 34736

$330,000

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $264,000 $264,000 $264,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.250% 6.490% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.474% 6.640% 5.972%
Monthly Tax Payment $82 $82 $82
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,625 $1,667 $2,192
Total Monthly Payment $1,782 $1,824 $2,349

* 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.