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Grand Island

Grand Island

Located in Lake County

$368,461 Average Value
$187 Average Price per Sq Ft
24 Homes 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 Resort is a 55+ community nestled between the twin lakes.
Grand Island boaters love living in Lake County.
Grand Island boaters love living in Lake County.
Grand Island locals can take in some fishing from the boat ramp at Marsh Park.
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.
Aerial view of waterfront clubhouse and boat docks in Grand Island Resort.
Grand Island boaters love living in Lake County.
Grand Island boaters love living in Lake County.
Grand Island golfers can get out for 9 holes of fun at Wedgwood Golf Course.
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 Resort is located on Seabreeze Lane and overlooks Lake Eustis.
Grand Island has homes for sale on both Lake Eustis and Lake Yale.
Grand Island has homes for sale on both Lake Eustis and Lake Yale.
This beautiful two story home is located in Grand Island Reserve.
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 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.
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.
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.
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.
Grand Island commuters can use SR 44 and 19 to get places quickly.
Aerial view of Grand Island.
Aerial view of Grand Island.
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Matt Pallister
Written By
Matt Pallister
Bradley K Cornelius
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Bradley K Cornelius

Interested in learning more about homes in this area? Reach out to Kandi Hardesty, an experienced agent in this area.

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Grand Island Housing Trends

Housing Trends

Median List Price
$384,695
Median Sale Price
$349,800
Median Single Family Sale Price
$368,000
Median Change From 1st List Price
5%
Last 12 months Home Sales
66
Median Home Sale Price YoY Change
10%
Average Price Per Sq Ft
$187

Neighborhood Facts

Number of Homes for Sale
24
Months of Supply
4.40

Open Houses

  • Sunday, Jul 13
    1 - 4pm

    37224 Apiary Rd, Grand Island, FL 32735

    $649,900

    • 4 Beds
    • 2.5 Baths
    • 3,195 Sq Ft
    • 37224 Apiary Rd

    Welcome to your dream equestrian home nestled in the picturesque Grand Island community of Lake County. This stunning 5-acre property offers a serene lifestyle, perfect for horse enthusiasts and nature lovers alike. The spacious 4-bedroom, 2 1⁄2 bath home features a split plan, a modern updated kitchen, a cozy, expansive family room with a wood-burning fireplace. The home is complemented by an

    Kerry Jeffcoat-Squeteri COMPASS FLORIDA LLC

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  • Saturday, Jul 12
    10am - 2pm

    37030 Lake Overlook Dr, Grand Island, FL 32735

    $325,000

    • 3 Beds
    • 2 Baths
    • 1,593 Sq Ft
    • 37030 Lake Overlook Dr

    Motivated Sellers. Welcome to your home in beautiful sunny Florida.Nestled in Grand Island's desirable Windy Ridge community, this 2020-built home offers the perfect blend of modern living and small-town charm. With a low HOA of just $68/month and affordable homeowner's insurance due to the home's newer construction, this property is a rare find. Featuring 3 bedrooms, 2 bathrooms, and a

    Greg Sizer RIGHT REALTY CONNECTION, INC.

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  • Friday, Jul 11
    12 - 6pm

    3755 Watercliff Cir, Grand Island, FL 32735

    $364,990

    • 4 Beds
    • 2 Baths
    • 1,672 Sq Ft
    • 3755 Watercliff Cir
    • New 2 days ago

    Welcome to the Kamryn Model in Grand Isle – Your Brand New Eustis Retreat! Be among the first to discover Grand Isle, Eustis’ newest gem for quality new construction homes! This stunning 4-bedroom, 2-bath block home offers a spacious 1,672 sq ft layout, blending modern style with everyday functionality. From the moment you arrive, you’ll be impressed by the eye-catching curb appeal, complete with

    Buddy Jerome, III SUMMERPARK HOMES REALTY LLC

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Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Grand Island Has More Owners

Demographics

Total Population
5,509
Median Age
49
Population under 18
19.8%
On par with the national average
23.8%
Population over 65
27.1%
Above the national average
19.1%

Finances

Median Household Income
$75,138
On par with the national average
$71,702
Average Household Income
$77,609

Education and Workforce

High School Graduates
90%
College Graduates
22%
Below the national average
34.1%
Advanced Degrees
5%
% Population in Labor Force
53.7%
Below the national average
65.1%

Weather

Annual Precipitation
43''
Average Winter Low Temperature
49°F
Average Summer High Temperature
92°F
Annual Snowfall
0''

Area Factors

Somewhat Bikeable

Bike Score®®

25 / 100

Car-Dependent

Walk Score®®

0 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Grand Island
Kandi Hardesty
CHAMPION REAL ESTATE GROUP INC
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