Grand Island Reserve
Homes for Sale in Grand Island, FL
All 26 homes for sale in GRAND ISLAND, FL · median $369,500 · Lake County homes for sale
True comps, carrying-cost math, and listings before the portals.
Over the 12 months ending 2026-09-20, 3 recorded sales closed at a median of $320,000, $168 per square foot, a median 12 days on market, sellers accepting 97% of original asking. Homes listed or recently sold were built 2011 - 2013; 3 of 3 report an HOA (median $134/mo); none of the 3 geocoded homes sit in a FEMA special flood hazard zone (median elevation 133 ft). At the median price and Lake County's FY2025-26 rate of 16.65 mills, annual property tax runs about $5,330 ($4,660 with the full homestead exemption).
| Location | GRAND ISLAND, Lake County, FL · ZIP 32726, 32735 |
|---|---|
| Homes in the community | 251 (FL DOR 2025 assessment roll) |
| Years built | 2007–2017 (median 2014) |
| Typical living area | 2,099 sq ft (median) |
| Amenities listed by sellers | Pool, Basketball Court, Clubhouse, Community Mailbox, Park, Playground |
| Sale prices, last 12 months | $320,000 median across 3 closed sales · $168 per sq ft |
| Days on market (closed sales) | 12 median |
| For sale right now | 0 active, 0 pending |
| Owner-occupied (homestead) share | 84% |
Data as of September 20, 2026. Based on Stellar MLS data distributed by MLS GRID for the period 2009 through 2026; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Grand Island Reserve key facts,” movewithmomentum.com/neighborhoods/grand-island-reserve-grand-island, data as of September 20, 2026.
Last 30 days in Grand Island Reserve: 1 closed sale (median $320,000). As of September 27, 2026, Listings courtesy of Stellar MLS as distributed by MLS GRID.
Grand Island Reserve is a small, established community of 274 homes built between 2007 and 2017, with a median build year of 2014. With only two active listings at last look, there is not enough on-market inventory here to draw firm price conclusions - this is a market where each listing has to be evaluated on its own condition and lot rather than against a broad comparable set.
The math on months of supply (12.0) combined with a thin closings pace signals a buyer-leaning posture: demand is not aggressively absorbing what little comes up for sale. For a seller, that means pricing and presentation matter more than timing the market. For a buyer, it means patience is rewarded - there is little competitive pressure to rush an offer when so few homes are moving.
Nearby homes for sale
No active listings inside Grand Island Reserve right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
Grand Island Reserve market snapshot (as of September 20, 2026): the median sale price is about $320K ($168 per sq ft over the trailing 12 months of closed sales), and a median 12 days on market for closed sales.
In ZIP 32726 (GRAND ISLAND), 476 homes closed in the last 12 months at a median of $372K ($199/sq ft), up 0.7% year over year, with a median 52 days on market. Right now 65 active and 31 pending listings put supply at about 6.5 months - a buyer's market. See the live ZIP 32726 housing market and the Lake County market.
County records show 16 qualified sales in Grand Island Reserve across 2024 - 2025 (10 in 2024, 6 in 2025), median $370,100 - the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
Grand Island Reserve is a community of 251 homes in Grand Island, Lake County, built between 2007 and 2017 (median 2014), with a median living area of about 2,099 square feet. 84% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Grand Island Reserve is a deed-restricted community in Grand Island (Lake County) built out mostly in the mid-2010s, with homes carrying a median living area just over 2,000 square feet and a high owner-occupancy share reported through homestead exemptions.
The setting & the homes.
Aerial and on-site photos of Grand Island Reserve. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Photos from Stellar MLS listings in Grand Island Reserve; content deemed reliable but not guaranteed.
Who Grand Island Reserve is best for.
Best for
- Buyers who found a specific listing here and want a straightforward, condition-focused evaluation rather than a market-wide comparison
- Buyers comfortable with a deed-restricted community and its associated HOA obligations
- Buyers planning to hold long-term who value the stability of a mostly owner-occupied street
Probably not for
- Buyers who want to see multiple active listings before deciding and compare floor plans side by side
- Investors seeking a high-turnover rental market with frequent resale activity
- Sellers expecting a fast, high-competition sale given the current buyer-leaning supply conditions
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 20 of each year, from record-level Stellar MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($320K) IS the median in the snapshot above.
Windows contain 0 to 6 sales each (3 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on Stellar MLS data distributed by MLS GRID for the period 2009 through 2026. Deemed reliable but not guaranteed.
26% of homes for sale in ZIP 32726 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-09-20).
Grand Island Reserve Market Scorecard
Grand Island Reserve is currently a balanced market..
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: Stellar MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Housing distress & ownership in Grand Island Reserve, 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 September 2026 through September 2026. Deemed reliable but not guaranteed.
Grand Island Reserve 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.
Life at Grand Island Reserve
- Pool · reported on 4 of 4 listings
- Playground · reported on 2 of 4 listings
- Basketball Court · reported on 1 of 4 listings
- Clubhouse · reported on 1 of 4 listings
- Community Mailbox · reported on 1 of 4 listings
- Recreation Facilities · reported on 1 of 4 listings
- Deed Restrictions · reported on 1 of 4 listings
- Park · reported on 1 of 4 listings
Community amenities as reported across Stellar MLS listings in this community; deemed reliable but not guaranteed. Verify current amenities and access with the HOA.
The Grand Island Reserve buying strategy.
If we were buying in Grand Island Reserve 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.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
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 Reserve.
A Small, Owner-Held Pocket
At 274 total homes, Grand Island Reserve is not a large subdivision, and its listing activity reflects that scale - two active listings is a small enough sample that pricing here should be read home-by-home, not by community averages. The homestead share of roughly 81% suggests most owners are living in the home as a primary residence rather than holding it as a rental or seasonal property, which tends to support steadier upkeep and slower turnover.
The building stock is fairly consistent in age, running from 2007 to 2017 with a median year built of 2014, so buyers are generally comparing homes of similar vintage rather than mixing older and newer construction. Amenities reported across MLS listings include a pool, clubhouse, playground, basketball court, park, and community mailbox area, along with deed restrictions - features worth confirming directly with the HOA since access and condition can shift over time.
The location and the amenities are priced into every listing in Grand Island Reserve. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a community this thin on active inventory, having a broker who tracks off-market activity, pending contracts, and recent closings in Grand Island Reserve specifically - not just Lake County averages - is the difference between guessing at value and pricing with evidence. We help buyers move deliberately when supply is scarce and help sellers position a listing correctly when there is almost no direct competition to benchmark against.
Grand Island Reserve in 15 seconds.
HOA, CDD & Fees
- HOA dues reported around $134/month (about $1,608/yr) · median of 45 MLS listings, most billed twice a year
- Any club/amenity membership is billed separately
Listings in this community report association dues of about $134 per month ($1,608 a year) - the median AssociationFee across 45 MLS records, normalised to a monthly figure; most are billed twice a year. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-09.
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 Reserve 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 Reserve 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 Reserve, 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 Reserve home worth?
Get a no-obligation home value based on real comparable sales in Grand Island Reserve, 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 all homes for sale in Grand Island →
Recently off market in Grand Island Reserve
Homes in Grand Island Reserve that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 1 on record.
- 2580 Plumadore Drive · off market
Frequently Asked Questions
What is the median home price in Grand Island Reserve?
How long do homes in Grand Island Reserve take to sell?
How many homes are in Grand Island Reserve?
What share of Grand Island Reserve is owner-occupied?
When were the homes in Grand Island Reserve built?
Who is the best real estate agent for Grand Island Reserve?
How do I find a top Grand Island real estate agent who knows Grand Island Reserve?
Can Momentum Realty connect me with an agent for Grand Island Reserve?
Where is Grand Island Reserve, and what county is it in?
Should you buy in Grand Island Reserve?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | Stellar MLS, refreshed twice daily (last: September 26, 2026) |
| Community market stats | Stellar MLS closed sales, 12-month windows ending September 20, 2026 |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (5 streets, ZIP 32726/32735)) |
| Under-contract shares | Stellar MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2009 (36 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 local comps.
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See how Grand Island Reserve fits the bigger picture — live prices, inventory, and Momentum Scores:
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