WEDGEWOOD CLUB 2ND ADD in GRAND ISLAND

WEDGEWOOD CLUB 2ND ADD
Homes for Sale in GRAND ISLAND, FL

Community in GRAND ISLAND · Lake County · ZIP 32735
39 homesBuilt 1989–2003
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Built fromLive Stellar MLS data22 years of closingsFL DOR public recordsUpdated twice daily
Live · WEDGEWOOD CLUB 2ND ADD Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Tempo
12.0mo
Supply
3 to 6 months is the balanced band
0%
Under contract
Lake: 26% (1,105 of 4,329)
1 · 0
For sale · pending
live counts, refreshed twice daily
1
Sold · last 12 mo
10-yr average: about 1 a year
Ownership and context
72%
Owner-occupied · WEDGEWOOD CLUB 2ND ADD
28 of 39 parcels homesteaded (FL DOR 2025)
28%
Non-owner-occupied · WEDGEWOOD CLUB 2ND ADD
incl. 8% trust or LLC-held · 8% out-of-state
67%
Cash buyers · WEDGEWOOD CLUB 2ND ADD
2 of 3 sales, 12 mo ending June 2022
39
Homes in the community
39 residential parcels (FL DOR 2025)
Track record · 22 years of records
Est. 1989
Community established
homes built 1989-2003, median 1990 (FL DOR 2025)
0
Failed listings · 2022
peaked at 4 in 2008
2.6%/yr
Turnover rate
about 1 of 39 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Wedgewood Club 2nd Add is a small, established pocket of Grand Island — 39 homes total, built out mostly in the 1990s with a spread running to 2003. With only one active listing and a single closing in the most recent window, there is not enough transaction volume here to point to a reliable price trend. What we can say is that the housing stock is consistent in age and modest in size, with a median living area around 1,269 square feet, so pricing here is going to be driven far more by individual condition and updates than by neighborhood-wide appreciation.

Twelve months of supply against essentially no listing activity puts this squarely in buyer-leaning territory, but that reading comes with a caveat: a market this thin can swing on a single listing coming or going. For a seller, that means patience and realistic pricing against comparable homes matter more than chasing a number. For a buyer, it means less competition but also less selection — you take what's available or you wait.

WEDGEWOOD CLUB 2ND ADD Housing Pulse · Momentum Research · as of August 2, 2026

WEDGEWOOD CLUB 2ND ADD right now

🟢 Buyer-leaning market. 12.0 months of supply and 0% of the inventory already under contract give buyers above-average negotiating leverage.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 August 2, 2026. Confidence: Low (1 active and pending listings, 1 closed sales in 12 months).

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Updated August 2, 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

Wedgewood Club 2nd Add is a compact, 39-home subdivision in Grand Island built mostly between 1989 and 2003, with a high share of homesteaded owners pointing to longer-term occupancy rather than turnover-driven inventory.

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.

Best for

  • A buyer targeting a modest, older-built home in Lake County without a need for community amenities
  • Someone comfortable making a decision with limited comparable sales data and doing extra diligence on pricing
  • A long-term buyer, given the high share of homesteaded ownership suggesting a stable, low-turnover pocket

Probably not for

  • A buyer who wants a wide selection to choose from — there is essentially one listing at a time here
  • Someone prioritizing community amenities or newer construction
  • A buyer needing fast, high-confidence pricing based on recent comparable sales

The market around WEDGEWOOD CLUB 2ND ADD

WEDGEWOOD CLUB 2ND ADD is a small community — 11 recorded sales on file, most recently in 2022 — too few for its own price trend. Here is the market around it.

In ZIP 32735, 36 homes are on the market and 28% are under contract — a steady corner of GRAND ISLAND.

Across Lake County, 3,224 homes are active and 1,105 pending (26% under contract).

The housing mix here is 96% single family residence, 4% ?.

ZIP and county figures describe the wider market, not WEDGEWOOD CLUB 2ND ADD specifically. Momentum Research analysis of MLS records.

Homes For Sale Right Now in WEDGEWOOD CLUB 2ND ADD

Live MLS inventory for WEDGEWOOD CLUB 2ND ADD. 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 WEDGEWOOD CLUB 2ND ADD listings as of 2026-08-26, priced high to low. Based on Stellar MLS data distributed by MLS GRID for the period 2004 through 2025. Tap any home to ask about it.

If we were buying in WEDGEWOOD CLUB 2ND ADD 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

Use your leverage. With inventory sitting, there is room to negotiate on anything dated or overpriced and to ask for repairs or a rate buydown.

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 WEDGEWOOD CLUB 2ND ADD.

Best Buy
A buyer looking for a small, established subdivision in Grand Island with modest, older-vintage homes.
Biggest Risk
Thin data — with so few homes and closings, pricing guidance here is inherently less precise than in larger communities.
Sweet Spot
Buyers comfortable with a 1990s-era home around 1,300 square feet who plan to hold long-term.
Avoid If
Skip this one if you need current selection or shared community amenities — neither is much in evidence here.

A Thin Market by Design

This is a small enough community that market statistics behave differently than they would in a larger subdivision. Thirty-nine homes total and a single active listing means the usual supply-and-demand signals carry more noise than signal. The 12 months-of-supply figure reflects that scarcity of listings as much as it reflects buyer interest — with so little on the market, a small change in what's listed can swing the ratio dramatically.

The homes themselves are consistent in vintage, built mostly in the 1990s with median square footage just under 1,300 — this is a community of modest, single-story-era construction rather than larger or newer builds. No shared community amenities are identified in current MLS data, so buyers should expect this to be a straightforward residential subdivision without pooled facilities, and should verify anything they see referenced independently rather than assume standard neighborhood extras.

The location and the amenities are priced into every listing in WEDGEWOOD CLUB 2ND ADD. 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 market this thin, pricing a home correctly or evaluating an offer takes more than pulling a comp sheet — it requires knowing what has actually closed nearby, what condition drove the number, and how long-term homesteaded ownership in the area affects turnover. We work these smaller Lake County pockets regularly and can walk a buyer or seller through what the limited data does and does not tell you before a decision gets made.

WEDGEWOOD CLUB 2ND ADD in 15 seconds.

Best forA buyer looking for a small, established subdivision in Grand Island with modest, older-vintage homes.
Biggest advantageLow competition — with only one active listing, buyers face little bidding pressure right now.
Biggest riskThin data — with so few homes and closings, pricing guidance here is inherently less precise than in larger communities.
Sweet spotBuyers comfortable with a 1990s-era home around 1,300 square feet who plan to hold long-term.
Avoid ifSkip this one if you need current selection or shared community amenities — neither is much in evidence here.

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 WEDGEWOOD CLUB 2ND ADD sales matched to your home.

What is your WEDGEWOOD CLUB 2ND ADD home worth?

Get a no-obligation home value based on real comparable sales in WEDGEWOOD CLUB 2ND ADD, 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

Is WEDGEWOOD CLUB 2ND ADD a buyer's or seller's market right now?
As of August 2, 2026, WEDGEWOOD CLUB 2ND ADD leans toward buyers: 12.0 months of supply at the current sales pace (Stellar MLS live counts).
How many homes are in WEDGEWOOD CLUB 2ND ADD?
The Florida DOR 2025 assessment roll shows 39 homes in WEDGEWOOD CLUB 2ND ADD (public records).
What share of WEDGEWOOD CLUB 2ND ADD is owner-occupied?
72% of WEDGEWOOD CLUB 2ND ADD parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in WEDGEWOOD CLUB 2ND ADD built?
Homes in WEDGEWOOD CLUB 2ND ADD were built between 1989 and 2003, with a median year built of 1990 (FL DOR 2025 roll).
Do cash buyers compete in WEDGEWOOD CLUB 2ND ADD?
Cash buyers took 67% of WEDGEWOOD CLUB 2ND ADD sales in the 12 months ending June 2022 (2 of 3 closings, Stellar MLS).
Who is the best real estate agent for WEDGEWOOD CLUB 2ND ADD?
The best agent for WEDGEWOOD CLUB 2ND ADD 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 WEDGEWOOD CLUB 2ND ADD.
How do I find a top GRAND ISLAND real estate agent who knows WEDGEWOOD CLUB 2ND ADD?
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 WEDGEWOOD CLUB 2ND ADD and the wider GRAND ISLAND area.
Can Momentum Realty connect me with an agent for WEDGEWOOD CLUB 2ND ADD?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your WEDGEWOOD CLUB 2ND ADD purchase or sale - no call center and no pressure.
A buyer targeting a modest, older-built home in Lake County without a need for community amenitiesExcellent fit
Someone comfortable making a decision with limited comparable sales data and doing extra diligence on pricingExcellent fit
A long-term buyer, given the high share of homesteaded ownership suggesting a stable, low-turnover pocketExcellent fit
A buyer who wants a wide selection to choose from — there is essentially one listing at a time hereProbably not
Someone prioritizing community amenities or newer constructionProbably not
A buyer needing fast, high-confidence pricing based on recent comparable salesProbably not

Nearby Communities

Explore more neighborhoods near WEDGEWOOD CLUB 2ND ADD with Momentum Realty’s local guides.

Grand Island Ridge Sub Grand Island0.4 mi awayGroves At Grand Island Grand Island0.5 mi awayGrand Island Oaks Grand Island0.5 mi awayWindy Ridge Sub Grand Island0.7 mi awayBrendenwood Sub Grand Island1.0 mi awayBiscayne Heights Sub Grand Island1.1 mi awayMeadow Ridge Of Grand Island Leesburg1.1 mi awayGrand Isle Grand Island1.2 mi away

Browse all Florida neighborhood guides →

Data sources & freshness

Live listingsStellar MLS, refreshed twice daily (last: August 2, 2026)
Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (3 streets, ZIP 32735))
Under-contract sharesStellar MLS records, as of 2026-08-01
Historical depthClosed-sale records back to 2004 (17 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.

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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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CallFree valuation →
Thinking of selling in WEDGEWOOD CLUB 2ND ADD? 1 recorded closings (window ending 2026-08-02). 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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