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Grand Island

Grand Island

Located in Lake County

$365,123 Average Value
$182 Average Price per Sq Ft
36 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 Leo Vidal, 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
$366,495
Median Sale Price
$354,945
Median Single Family Sale Price
$354,990
Median Change From 1st List Price
4%
Last 12 months Home Sales
92
Median Home Sale Price YoY Change
3%
Average Price Per Sq Ft
$182

Area Facts

Number of Homes
1,680
Number of Homes for Sale
36
Median Year Built
2001
Months of Supply
4.70
Average Single Family Home Size Sq Ft
1,785
Below the national average
1,929
Median Lot Size Sq Ft
13,068

Open Houses

  • Friday, Jan 30
    Open House 1/30

    1455 St Lawrence Dr Unit k-08, Grand Island, FL 32735

    $59,500

    • 2 Beds
    • 2 Baths
    • 1,456 Sq Ft
    • 1455 St Lawrence Dr
    • Unit k-08

    ASK ABOUT HOW TO VIEW 360 VIRTUAL WALK-THROUGH Home! This community is like no other it actually is a SUB DIVISION. You will have a beautiful residential sized lot with top notch amenities, 9 hole golf course and use to Lake Yale. Lot lease includes lawn, trash and basic cable and is all inclusive with use of golf course and storage. Community also provides a voluntary first responder program if

    Agent Photo
    Jeffrey Evans
    Down Home Realty
    (352) 749-3820
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  • Friday, Jan 30
    Open House 1/30

    2786 Niagara Way, Grand Island, FL 32735

    $72,500

    • 2 Beds
    • 2 Baths
    • 1,288 Sq Ft
    • 2786 Niagara Way
    • New 29 days ago

    ASK ABOUT HOW TO VIEW 360 VIRTUAL WALK-THROUGH you are looking for a beautiful model home this can be yours. The roof is one year old and the A/C is four years old. The laminate floors enhance the beauty of this home.The 10x22 screen porch is perfect for enjoying the evening sun.This home is a short work to Lake Yale.All of the amenities are included in the lease,First Responders,golf

    Agent Photo
    Jeffrey Evans
    Down Home Realty
    (352) 747-0828
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  • Friday, Jan 30
    Open House 1/30

    1570 Lake Dr Unit G-04, Grand Island, FL 32735

    $29,900

    • 2 Beds
    • 2 Baths
    • 1,248 Sq Ft
    • 1570 Lake Dr
    • Unit G-04

    ASK ABOUT HOW TO VIEW 360 VIRTUAL WALK-THROUGH is willing to entertain any reasonable offer!Seller is selling well below market value.Live here year around,use as a winter retreat or as a great investment opportunity as the community allows year round rentals with approved tenant.Home has NEW A/C and has a metal roof over,for peace of mind and is move in ready with some finishing touches.This

    Agent Photo
    Jeffrey Evans
    Down Home Realty
    (352) 724-8588
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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
Below the national average
$79,601
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
64.9%

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
Leo Vidal
OLYMPUS EXECUTIVE REALTY INC
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