South Lake Yale Shores
Homes for Sale in Grand Island, FL

South Lake Yale Shores in Grand Island is a small, established pocket of Lake County housing where a near-century of construction dates sit side by side and most owners hold the home as their primary residence.

Stellar MLS sales records identify 6 homes in South Lake Yale Shores that have changed hands since 2015, built between 1977 and 1996 (median 1983), with a median living area of about 1,800 sq ft and a typical 4-bedroom, 2-bath layout; 100% are single-family homes. Source: Stellar MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

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.

South Lake Yale Shores is too small for its own price trend, so here is the market around it.

In ZIP 32735, 33 homes are on the market and 24% are under contract — a steady corner of Grand Island.

Across Lake County, 3,179 homes are active and 1,077 pending (25% under contract).

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.

ZIP and county figures describe the wider market, not South Lake Yale Shores specifically. Momentum Research analysis of MLS records.

The build-year range here — 1924 to 2019 — is unusually wide for a market this size. A median year built of 1988 puts the typical home well past its first few decades, meaning roof, HVAC, and plumbing age become central to how a given listing is priced and negotiated, more so than layout or finish trends. At a median living area of 1,780 square feet, homes are modestly sized rather than expansive, which keeps maintenance and utility costs proportionate but also limits how much square footage a buyer can expect at any given price point.

There is no shared amenity package attached to this community based on current MLS data — no clubhouse, pool, or organized common area showing up in listings. That absence isn't necessarily a drawback; it means the market is priced purely on the home and land, without an HOA fee layered on for upkeep of shared features. Buyers who want that kind of infrastructure should look elsewhere; buyers who want a straightforward residential purchase without a monthly amenity assessment will find that simplicity here.

A market spanning nearly a century of construction rewards careful, house-by-house evaluation rather than a formula. We walk each listing on its own mechanical and structural merits, compare it against what else has closed nearby, and help buyers and sellers price to condition rather than to a neighborhood average that doesn't really apply here.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.