Groves at Grand Island market snapshot (as of June 23, 2026): the median sale price is about $369K ($162 per sq ft), with homes averaging 47 days on market and 4.5 months of supply, a seller's market. Based on 16 recent closings in live Stellar MLS data.
Groves at Grand Island is a new-construction single-family community in Grand Island (ZIP 32735), Lake County, reported built by Stanley Martin Homes, with one and two-story designs, three to four bedrooms, three-car garages, and large homesites. Treat the builder and specifications as reported and confirm against the current listings.
The setting is the appeal: Grand Island sits between Lake Yale and Lake Eustis, off State Roads 44 and 452, with quick access to downtown Eustis, Mount Dora, and a reasonable drive to Orlando. The area is built for the water, with Marsh Park providing a boat ramp to Lake Yale and a nine-hole golf course nearby.
Because this is new construction, read the builder and the build, not a resale average. Confirm the HOA dues and exactly what they include, whether a Community Development District applies to the tax bill, the builder warranty, and any homesite premium, since those layers drive the true cost and the resale floor.
Lake County's appeal here is space and water access at an attainable price within the Orlando metro. Confirm the school assignment by address with Lake County Schools if that matters, and weigh the all-in carrying cost against nearby new communities before you commit.
