Groves At Grand Island in Grand Island

Groves At Grand Island
Homes for Sale in Grand Island, FL

All 28 homes for sale in GRAND ISLAND, FL · median $370,495 · 26 homes for sale in 32735 · Lake County homes for sale

Community in Grand Island · Lake County · ZIP 32735
17 homesBuilt 2024–2024Median sale $370K
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Built fromLive Stellar MLS data2 years of closingsFL DOR public recordsUpdated twice daily

As of September 2026, Groves At Grand Island in Grand Island, FL has 8 homes for sale and 2 pending, asking from $365,490 to $421,190 (median $371,240). Over the 12 months ending 2026-09-12, 16 recorded sales closed at a median of $369,995, $161 per square foot, a median 66 days on market, sellers accepting 101% of original asking (-8% versus the prior year). Homes listed or recently sold were built 2025 - 2026 with 22 new construction; 20 of 22 report an HOA (median $90/mo); none of the 21 geocoded homes sit in a FEMA special flood hazard zone (median elevation 138 ft). At the median price and Lake County's FY2025-26 rate of 16.65 mills, annual property tax runs about $6,160 ($5,490 with the full homestead exemption).

Live · Groves At Grand Island Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$370K
Median sold · 12 mo
down 7.5% vs the prior 12 months
-7.5%
1-yr price change
n = 16 and 20 sales in the two windows
$161/sf
Sold $/sqft · 12 mo
peak $180 in 2025
100.8%
Sale vs ask
Tempo
5.6mo
Supply
3 to 6 months is the balanced band
66days
Median DOM · closed
66 days at the 2026 low
20%
Under contract
Lake: 25% (1,077 of 4,256)
8 · 2
For sale · pending
live counts, refreshed twice daily
16
Sold · last 12 mo
10-yr average: about 12 a year
Ownership and context
13%
Owner-occupied · Groves At Grand Island
9 of 68 parcels homesteaded (FL DOR 2025)
87%
Non-owner-occupied · Groves At Grand Island
incl. 71% trust or LLC-held · 71% out-of-state
17
Homes in the community
plus 51 vacant residential lots · 68 residential parcels (FL DOR 2025)
Track record · 2 years of records
Est. 2024
Community established
homes built 2024-2024, median 2024 (FL DOR 2025)
2,356sqft
Median sold home size
12-mo windows, closed sales
94.1%/yr
Turnover rate
about 16 of 17 homes trade a year

Homes For Sale Right Now in Groves At Grand Island

Live MLS inventory for Groves At Grand Island. 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 and pending Groves At Grand Island listings as of 2026-09-15, priced high to low. Based on Stellar MLS data distributed by MLS GRID for the period 2024 through 2026. Tap any home to ask about it.

Groves At Grand Island Housing Pulse · Momentum Research · as of September 12, 2026

Groves At Grand Island right now

🟡 Balanced market. 5.6 months of supply and 20% of the inventory already under contract put buyers and sellers on roughly even footing.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 September 12, 2026. Confidence: High (10 active and pending listings, 16 closed sales in 12 months).

🟡 Off the recent peak. The trailing-12-month median ($370K) is down 7.5% from the prior 12 months ($400K). With about a dozen sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Stellar MLS closed sales, 12-month windows ending September 12. Confidence: High (16 and 20 sales in the two windows).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

· Updated September 15, 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

Groves At Grand Island market snapshot (as of September 12, 2026): the median sale price is about $370K ($161 per sq ft over the trailing 12 months of closed sales), a median 66 days on market for closed sales, and 5.6 months of supply, a balanced market. The trailing-12-month median is down 8% from the prior 12 months, computed from record-level Stellar MLS closed sales (16 closings in the current window).

In ZIP 32735 (GRAND ISLAND), 77 homes closed in the last 12 months at a median of $330K ($171/sq ft), down 4.2% year over year, with a median 50 days on market. Right now 21 active and 3 pending listings put supply at about 4.4 months - a balanced market. See the live ZIP 32735 housing market and the Lake County market.

Flood zones in Groves At Grand Island: of 18 listing addresses checked against the FEMA National Flood Hazard Layer, 100% sit outside the FEMA Special Flood Hazard Area (Zone X). Individual parcels vary - verify any specific address at msc.fema.gov.

Groves At Grand Island is a community of 17 homes in Grand Island, Lake County, built between 2024 and 2024 (median 2024), with a median living area of about 2,266 square feet. 13% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Windows contain 0 to 20 sales each (16 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 2024 through 2026. Deemed reliable but not guaranteed.

Every sale since 2024 · price vs size
$0$200K$400K2k2k
36 closed sales; green = recent. Size sets the floor, condition and lot set the rest.

Groves at Grand Island Market Scorecard

Buyer's market

Groves at Grand Island is currently a buyer's market. About 6.0 months of supply, a median asking price of $371,240, and homes go under contract in about 79 days.

6.0
Months supply
$371,240
Median list
$367,692
Median sold
$162
Per sqft
79
Days on mkt
8/2/16
Active/Pend/Sold

Typical home value in the 32735 ZIP is $321,802, about 5.8% below the Florida norm (Zillow Home Value Index).

Go deeper: ZIP market scorecard · 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.

Housing distress & ownership in Groves At Grand Island Grand Island, GRAND ISLAND

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
0.0%
0 of 9 listings
Distress share trend - 0.0% now (2026-08-10 → 2026-09-12)

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.

Listing locations from Stellar MLS. Map data © OpenStreetMap, tiles © CARTO.

Community amenities as reported across Stellar MLS listings in this community; deemed reliable but not guaranteed. Verify current amenities and access with the HOA.

Schools

In short
  • 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 Groves At Grand Island 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 Groves At Grand Island address.

If we were buying in Groves At Grand Island 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 Groves At Grand Island.

A closer look at the Groves At Grand Island market

At a median of $161 per square foot, Groves At Grand Island prices sit in a fairly defined band, so condition and updates — more than the list price — tend to separate one home from the next.

Inventory runs at 5.6 months of supply, a balanced market and the trailing-12-month median down 8% year over year. Homes that do trade take a median 66 days on market, useful leverage on any listing that has lingered.

The housing stock is 17 homes built around 2024, and 13% of parcels are homesteaded — the owner-occupancy proxy in the Florida DOR assessment roll.

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

Jon Brooks · Founder, Momentum Realty
5.0C · Buy Score
Recent Direction4.1/10
Liquidity & Demand4.4/10
Owner Commitment1.3/10
Pricing Power10.0/10

Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 4 factors (5.0). Basis: Recent Direction -7.5% year-over-year; Liquidity & Demand 5.6 months of supply; Owner Commitment 13% owner-occupied; Pricing Power 100.8% sale-to-list. Refreshed with each data update.

HOA, CDD & Fees

In short
  • HOA dues reported around $90/month (about $1,080/yr) · median of 60 MLS listings, most billed monthly
  • Any club/amenity membership is billed separately

Listings in this community report association dues of about $90 per month ($1,080 a year) - the median AssociationFee across 60 MLS records, normalised to a monthly figure; most are billed monthly. 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.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Groves At Grand Island sales matched to your home.

What is your Groves At Grand Island home worth?

Get a no-obligation home value based on real comparable sales in Groves At Grand Island, 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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Frequently Asked Questions

What is the median home price in Groves At Grand Island?
The median sale price in Groves At Grand Island was $370K over the 12 months ending September 12, 2026 (16 closed sales, Stellar MLS).
How long do homes in Groves At Grand Island take to sell?
Homes that closed in the 12 months ending September 12, 2026 took a median 66 days on market (16 sales, Stellar MLS).
Is Groves At Grand Island a buyer's or seller's market right now?
As of September 12, 2026, Groves At Grand Island is roughly balanced: 5.6 months of supply at the current sales pace (Stellar MLS live counts).
How many homes are in Groves At Grand Island?
The Florida DOR 2025 assessment roll shows 17 homes plus 51 vacant residential lots in Groves At Grand Island (public records).
What share of Groves At Grand Island is owner-occupied?
13% of Groves At Grand Island parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Groves At Grand Island built?
Homes in Groves At Grand Island were built between 2024 and 2024, with a median year built of 2024 (FL DOR 2025 roll).
Who is the best real estate agent for Groves At Grand Island?
The best agent for Groves At Grand Island 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 Groves At Grand Island.
How do I find a top Grand Island real estate agent who knows Groves At Grand Island?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Groves At Grand Island and the wider Grand Island area.
Can Momentum Realty connect me with an agent for Groves At Grand Island?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Groves At Grand Island purchase or sale - no call center and no pressure.

Data sources & freshness

Live listingsStellar MLS, refreshed twice daily (last: September 15, 2026)
Community market statsStellar MLS closed sales, 12-month windows ending September 12, 2026
Housing stock & ownershipFlorida DOR assessment roll (street-list match (2 streets, ZIP 32735))
Under-contract sharesStellar MLS records, as of 2026-09-08
Historical depthClosed-sale records back to 2024 (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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Nearby Communities

Explore more neighborhoods near Groves At Grand Island with Momentum Realty’s local guides.

APApiary Pointe0.3 mi awayWCWedgewood Club0.3 mi away · median $266K, 4 sales/12 moSHSugar Hill Estates0.3 mi awayWindy Ridge0.3 mi away · median $326K, 5 sales/12 moBiscayne Heights0.3 mi awayWedgewood Club0.5 mi away

Browse all neighborhood guides →

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 Groves At Grand Island? 16 recorded closings; median 66 days on market (window ending 2026-09-12). 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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