Grand Island Oaks Ph 02
Homes for Sale in Grand Island, FL

Community in Grand Island · Lake County
111 homesBuilt 2005–2022
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Built fromLive Stellar MLS data5 years of closingsFL DOR public recordsUpdated twice daily
Live · Grand Island Oaks Ph 02 Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Tempo
1
Sold · last 12 mo
10-yr average: about 1 a year
Ownership and context
82%
Owner-occupied · Grand Island Oaks Ph 02
91 of 111 parcels homesteaded (FL DOR 2025)
18%
Non-owner-occupied · Grand Island Oaks Ph 02
incl. 11% trust or LLC-held · 9% out-of-state
60%
Cash buyers · Grand Island Oaks Ph 02
3 of 5 sales, 12 mo ending June 2022
111
Homes in the community
111 residential parcels (FL DOR 2025)
Track record · 5 years of records
Est. 2005
Community established
homes built 2005-2022, median 2010 (FL DOR 2025)
0
Failed listings · 2024
peaked at 2 in 2019
0.9%/yr
Turnover rate
about 1 of 111 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Grand Island Oaks Ph 02 is a tight, established pocket of 111 homes built out mostly in the mid-to-late 2000s and into the early 2020s, with a median build year of 2010. That gives the community a consistent architectural era rather than a mix of decades, which tends to keep condition and layout expectations fairly uniform from one listing to the next.

With only a single closing recorded in the most recent window, this is a low-volume market where any one sale can shift the read on value. Buyers and sellers here should treat pricing conversations as case-by-case rather than trend-driven, and lean on comparable homes of similar age and square footage rather than broad community averages.

Best for

  • Buyers who want a home from a consistent construction era rather than a mix of decades
  • Buyers comfortable pricing a home through direct comparables rather than heavy recent sales data
  • Buyers who do not need on-site community amenities and prefer to keep HOA-style overhead minimal

Probably not for

  • Buyers who want an amenity-rich community with a pool, clubhouse, or organized common areas
  • Buyers who want a high-volume market with frequent recent closings to benchmark against
  • Investors seeking a community with an established base of non-homesteaded, rental-oriented turnover

The market around Grand Island Oaks Ph 02

Grand Island Oaks Ph 02 is a small community — 4 recorded sales on file, most recently in 2024 — too few for its own price trend. Here is the market around it.

Across Lake County, 3,176 homes are active and 1,107 pending (26% under contract).

Homes here are single family residence.

ZIP and county figures describe the wider market, not Grand Island Oaks Ph 02 specifically. Momentum Research analysis of MLS records.

If we were buying in Grand Island Oaks Ph 02 today, this is the order of operations we would run for our clients.

1

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.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

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 02.

Best Buy
Buyers looking for a single-era subdivision of similarly aged homes without shared amenity overhead.
Biggest Risk
Thin transaction volume means limited recent data to anchor pricing decisions.
Sweet Spot
Homes near the median size, around 2,047 square feet, from the community's core construction years.
Avoid If
You want on-site amenities like a pool or clubhouse as part of the purchase.

A settled, owner-heavy pocket with thin turnover

At 82% homestead exemption share, Grand Island Oaks Ph 02 skews heavily toward owner-occupied filings rather than non-homesteaded or investor-held property tax status. That matters less for who is living there and more for what it signals about turnover: homes here tend to change hands less frequently than in communities with a higher share of non-homesteaded parcels, which is consistent with the single closing recorded in the current window.

Current MLS listings show no identified community amenities, so any draw here is about the home and lot itself rather than shared recreational infrastructure. That keeps carrying costs simpler to evaluate but means buyers should not expect a clubhouse, pool, or gated common area as part of the value proposition.

The location and the amenities are priced into every listing in Grand Island Oaks Ph 02. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a community with this little recent transaction data, pricing a home correctly means pulling comparables carefully by build year and square footage rather than relying on a community-wide average. Momentum tracks closings across Lake County closely enough to build that comparison set even when Grand Island Oaks Ph 02 itself is quiet.

Grand Island Oaks Ph 02 in 15 seconds.

Best forBuyers looking for a single-era subdivision of similarly aged homes without shared amenity overhead.
Biggest advantageA consistent build period, centered on 2010, simplifies condition and system-age expectations home to home.
Biggest riskThin transaction volume means limited recent data to anchor pricing decisions.
Sweet spotHomes near the median size, around 2,047 square feet, from the community's core construction years.
Avoid ifYou want on-site amenities like a pool or clubhouse as part of the purchase.

HOA, CDD & Fees

In short
  • 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.

The takeaway

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 02 sales matched to your home.

What is your Grand Island Oaks Ph 02 home worth?

Get a no-obligation home value based on real comparable sales in Grand Island Oaks Ph 02, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

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Real comps, not an automated estimate.

Frequently Asked Questions

How many homes are in Grand Island Oaks Ph 02?
The Florida DOR 2025 assessment roll shows 111 homes in Grand Island Oaks Ph 02 (public records).
What share of Grand Island Oaks Ph 02 is owner-occupied?
82% of Grand Island Oaks Ph 02 parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Grand Island Oaks Ph 02 built?
Homes in Grand Island Oaks Ph 02 were built between 2005 and 2022, with a median year built of 2010 (FL DOR 2025 roll).
Do cash buyers compete in Grand Island Oaks Ph 02?
Cash buyers took 60% of Grand Island Oaks Ph 02 sales in the 12 months ending June 2022 (3 of 5 closings, Stellar MLS).
Who is the best real estate agent for Grand Island Oaks Ph 02?
The best agent for Grand Island Oaks Ph 02 is one who actively works Grand Island and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Grand Island Oaks Ph 02.
How do I find a top Grand Island real estate agent who knows Grand Island Oaks Ph 02?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Grand Island Oaks Ph 02 and the wider Grand Island area.
Can Momentum Realty connect me with an agent for Grand Island Oaks Ph 02?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Grand Island Oaks Ph 02 purchase or sale - no call center and no pressure.
Buyers who want a home from a consistent construction era rather than a mix of decadesExcellent fit
Buyers comfortable pricing a home through direct comparables rather than heavy recent sales dataExcellent fit
Buyers who do not need on-site community amenities and prefer to keep HOA-style overhead minimalExcellent fit
Buyers who want an amenity-rich community with a pool, clubhouse, or organized common areasProbably not
Buyers who want a high-volume market with frequent recent closings to benchmark againstProbably not
Investors seeking a community with an established base of non-homesteaded, rental-oriented turnoverProbably not

Data sources & freshness

Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (3 streets, ZIP 32735))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2021 (8 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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More Grand Island & Lake County guides

Compare before you commit - every guide covers pricing, HOA/CDD, insurance posture, and fit. Browse all of Lake County or the full Neighborhood Finder.

Thinking of selling in Grand Island Oaks Ph 02? 1 recorded closings (window ending 2026-07-13). See the Lake County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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