GRAND ISLAND OAKS PH I
Homes for Sale in GRAND ISLAND, FL
True comps, carrying-cost math, and listings before the portals.
Grand Island Oaks is a small, low-turnover community - 111 homes total and just 4 active listings at the time of this snapshot. With only a single closing in the most recent window, the 48-month supply figure reflects that thin transaction count more than it reflects genuine oversupply; a pool this small can swing from tight to loose with one or two sales either way.
Pricing here is going to be driven by individual home condition and lot rather than by a competitive bidding environment. The homestead share of 82% tells you most owners have been in place long enough to file for exemption, which reinforces the low-inventory, low-churn character of the neighborhood - good for buyers who want to make an offer without a rush, but it means patience is part of the process here.
GRAND ISLAND OAKS PH I right now
🟢 Buyer-leaning market. 36.0 months of supply and 25% of the inventory already under contract give buyers above-average negotiating leverage.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Stellar MLS records, as of August 2, 2026. Confidence: Low (4 active and pending listings, 1 closed sales in 12 months).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
Updated August 2, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Grand Island Oaks is a modest-sized enclave in Grand Island (Lake County) built out mostly in the mid-to-late 2000s and into the early 2020s, with a median home landing right around 2,047 square feet.
Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.
The setting & the homes.
Aerial and on-site photos of GRAND ISLAND OAKS PH I. Swipe to explore the community.
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GRAND ISLAND OAKS PH IWho GRAND ISLAND OAKS PH I is best for.
Best for
- Buyers who want a straightforward home purchase in Grand Island without needing HOA-run amenities
- Buyers comfortable making a patient, well-researched offer in a market with very few active listings
- Buyers targeting homes built in the 2005 - 2022 window who are prepared to evaluate condition individually
Probably not for
- Buyers who want resort-style or clubhouse amenities as part of the purchase
- Buyers who need a wide selection of active listings to compare side by side
- Sellers expecting a fast, high-volume market with abundant recent comparables to lean on
The market around GRAND ISLAND OAKS PH I
GRAND ISLAND OAKS PH I is a small community — 34 recorded sales on file, most recently in 2025 — too few for its own price trend. Here is the market around it.
In ZIP 32735, 36 homes are on the market and 28% are under contract — a steady corner of GRAND ISLAND.
Across Lake County, 3,224 homes are active and 1,105 pending (26% under contract).
Homes here are single family residence.
ZIP and county figures describe the wider market, not GRAND ISLAND OAKS PH I specifically. Momentum Research analysis of MLS records.
Housing distress & ownership in GRAND ISLAND OAKS PH I, GRAND ISLAND
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Based on Stellar MLS data distributed by MLS GRID for the period August 2026 through August 2026. Deemed reliable but not guaranteed.
Homes For Sale Right Now in GRAND ISLAND OAKS PH I
Live MLS inventory for GRAND ISLAND OAKS PH I. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.
Active · 113 daysTop listing
Active · 4 days
Active · 1 days
Active · 57 days
Pending · 508 daysActive and pending GRAND ISLAND OAKS PH I listings as of 2026-08-21, priced high to low. Based on Stellar MLS data distributed by MLS GRID for the period 2005 through 2025. Tap any home to ask about it.
GRAND ISLAND OAKS PH I on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from Stellar MLS. Map data © OpenStreetMap, tiles © CARTO.
Schools
- Lake County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- Treadway Elem · Elementary
- Eustis Middle · Middle
- Eustis High School · High
Zoned schools reflect the assignments reported on recent GRAND ISLAND OAKS PH I listings and can change; always confirm with Lake County Public Schools for a specific address.
Buying with schools in mind? We can confirm the exact zoned schools for any GRAND ISLAND OAKS PH I address.
The GRAND ISLAND OAKS PH I buying strategy.
If we were buying in GRAND ISLAND OAKS PH I today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Use your leverage. With inventory sitting, there is room to negotiate on anything dated or overpriced and to ask for repairs or a rate buydown.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in GRAND ISLAND OAKS PH I.
A Small Pool, Read Carefully
The homes here were built between 2005 and 2022, with a median year built of 2010 - so this is not a legacy neighborhood, but it is old enough that most residences will be past their original builder-grade finishes. Buyers should expect a mix of original and updated interiors depending on when each owner last touched the property, and that condition spread is likely the single biggest driver of price variation on any given listing.
With only 4 homes active at once against a base of 111, this market does not behave like a high-volume subdivision. Comparable sales are scarce, so pricing decisions - on both sides of a transaction - benefit from a broker who is tracking the handful of relevant data points closely rather than relying on broad-brush averages. No community amenities are identified in current MLS listings, so this is a straightforward housing play, not an amenity-driven purchase.
The location and the amenities are priced into every listing in GRAND ISLAND OAKS PH I. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a community with this few active listings, generic market reports do not tell you much - you need someone watching the specific handful of homes and recent activity in Grand Island Oaks itself. We track this pocket of Lake County closely enough to know when a listing is priced to the neighborhood's real condition spread versus when it is not.
GRAND ISLAND OAKS PH I in 15 seconds.
HOA, CDD & Fees
- Mandatory HOA. Confirm current dues
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a GRAND ISLAND OAKS PH I buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed GRAND ISLAND OAKS PH I sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in GRAND ISLAND OAKS PH I, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your GRAND ISLAND OAKS PH I home worth?
Get a no-obligation home value based on real comparable sales in GRAND ISLAND OAKS PH I, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See homes for sale in GRAND ISLAND OAKS PH I on the map →
GRAND ISLAND OAKS Market Scorecard
GRAND ISLAND OAKS is currently a strong buyer's market. About 48.0 months of supply, a median asking price of $367,000, and homes go under contract in about 50 days.
Go deeper: county scorecard · true cost calculator · affordability calculator.
Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.
Frequently Asked Questions
Is GRAND ISLAND OAKS PH I a buyer's or seller's market right now?
How many homes are in GRAND ISLAND OAKS PH I?
What share of GRAND ISLAND OAKS PH I is owner-occupied?
When were the homes in GRAND ISLAND OAKS PH I built?
Do cash buyers compete in GRAND ISLAND OAKS PH I?
Who is the best real estate agent for GRAND ISLAND OAKS PH I?
How do I find a top GRAND ISLAND real estate agent who knows GRAND ISLAND OAKS PH I?
Can Momentum Realty connect me with an agent for GRAND ISLAND OAKS PH I?
Should you buy in GRAND ISLAND OAKS PH I?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near GRAND ISLAND OAKS PH I with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | Stellar MLS, refreshed twice daily (last: August 2, 2026) |
| Housing stock & ownership | Florida DOR 2025 assessment roll (street-list match (3 streets, ZIP 32735)) |
| Under-contract shares | Stellar MLS records, as of 2026-08-01 |
| Historical depth | Closed-sale records back to 2005 (44 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Stellar MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Stellar MLS member average and 8 days faster, and we’ll price yours against live your area comps.
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See how GRAND ISLAND OAKS PH I fits the bigger picture — live prices, inventory, and Momentum Scores: