$368,231Average Value$185Average Price per Sq Ft35Homes For Sale
A community with two lakes
At first glance, Grand Island, the unincorporated Lake County, Florida community, appears to be a sleepy rural outpost. "It's not really country," says Kelly LaFave, a Realtor with EXP Realty, who lives within the county. "It's more of a quaint little area with a lot of outdoor activity. You're literally surrounded by water. You have these huge lakes for boating and tubing and fishing. It's every water lover's dream." The neighborhood is uniquely located between Lakes Yale and Eustis, giving way to waterside living off the borders.
Grand Island Resort is a 55+ community nestled between the twin lakes.
Grand Island boaters love living in Lake County.
Grand Island locals can take in some fishing from the boat ramp at Marsh Park.
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Taking to the water and the fairway
Locals bring their personal vessels to the boat ramp at Marsh Park to explore Lake Yale. Here, anglers can catch largemouth bass, catfish and crappie. The county space has boat parking, a half-basketball court and a small play area. While lakes provide year-round entertainment for community boaters and watersports enthusiasts, it's Florida, so there has to be a golf course. Wedgewood Golf Course offers an easily walkable 9-hole course with wide-open fairways that cover roughly 1,400 yards.
Aerial view of waterfront clubhouse and boat docks in Grand Island Resort.
Grand Island boaters love living in Lake County.
Grand Island golfers can get out for 9 holes of fun at Wedgwood Golf Course.
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From houses and mobile homes to waterfront living
Waterfront homes are prevalent in Grand Island, ranging from ranch-style dwellings on canals to the community's largest residences along its lakes. Private docks and boat slips are common features of these properties. Custom houses on spacious lots with private driveways dot the streets. A collection of multi-level homes can be found in Grand Island Reserve, a planned development providing amenities, including a community pool and basketball court. Additional options include townhouses or manufactured homes inside the 55-plus community, Grand Island Resort, which has its own marina.
"A 2,500-square-foot home is about $400,000. That same home in South Florida is going to cost you at least $800,000," LaFave says. Prices range from $225,000 for a starter home to over $600,000 for a house on over two acres. Waterfront properties and larger lots may list for over $1 million. "You're not on the coast, so you don't have to pay high property taxes or get hurricane insurance," says LaFave. Although the community is perched between two large lakes, homes around the border only have a moderate chance of flooding.
Grand Island Resort is located on Seabreeze Lane and overlooks Lake Eustis.
Grand Island has homes for sale on both Lake Eustis and Lake Yale.
This beautiful two story home is located in Grand Island Reserve.
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Not too secluded to grab a meal or groceries
Although the community doesn't have restaurants within its water-bound borders, there are several nearby options. Stavro's and Sons Pizza, offers classic Italian, Greek & Mediterranean specialties, and The Troff is an Old Florida spot for oysters and other coastal favorites. Crossroads 44 Music & Sports Bar provides live music and cold beer. Retail options include the Publix-anchored Woodland Center and a Winn-Dixie, about 5 miles east. Residents can visit the Lake County Fairgrounds in nearby Eustis for regular community events, including a popular farmers' and flea market every Thursday.
Grand Island locals know the best place for oysters around is the Troff Oyster Bar,
Grand Island residents can grab all of their grocery needs at the local Publix.
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Students attend nearby schools
As part of the Lake County School district, students may attend Eustis Elementary, which has a B-minus grade from Niche. According to Niche, Eustis Middle has a B-minus, and Eustis High receives a B-plus and earns the No. 3 spot for Best Public High School in the county. High schoolers have access to dual enrollment courses and multiple CTE pathways. The elementary and high schools are within blocks of each other, and the middle school is only a short drive away.
Eustis Middle School's welcome sign in Lake County.
Entrance to Eustis High School is a public school and home of the Panthers in Lake County.
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Commutes from Grand Island
The U.S. Highway 19 corridor is easily accessible via State Road 44, which connects locals to Leesburg to the west and Eustis to the east. "You're right in the middle of everything," says LaFave. "It's about the same distance to each coast. You're less than an hour from Orlando and an hour and a half from Tampa. It's a nice getaway from the city that really is centrally located." Leesburg International Airport is about 10 miles away for travel beyond the region.
Grand Island commuters can use SR 44 and 19 to get places quickly.
Aerial view of Grand Island.
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Written By
Matt Pallister
Video By
Bradley K Cornelius
Interested in learning more about homes in this area?
Reach out to
Lisa Pownall,
an experienced agent in this area.
On average, homes in Grand Island, FL sell after 75 days on the market compared to the national average of 52 days. The median sale price for homes in Grand Island, FL over the last 12 months is $345,000, up 6% from the median home sale price over the previous 12 months.
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