Wedgewood Club
Homes for Sale in Grand Island, FL

This is a small, established, largely owner-occupied enclave of late-'80s-to-early-2000s homes on the smaller side of the size spectrum. It rewards buyers who value a settled neighborhood over new construction and are comfortable evaluating each home on its own merits.

Stellar MLS sales records identify 201 homes in Wedgewood Club that have changed hands since 2004, built between 1988 and 2002 (median 1993), with a median living area of about 1,327 sq ft and a typical 3-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.

Wedgewood Club 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 Wedgewood Club specifically. Momentum Research analysis of MLS records.

With homes clustered in age and size, the spread in value here comes down to what has been done to each property. A 1990-era home at around 1,286 square feet that has been kept current will command a very different number than one still on original finishes and aging systems. Buyers should budget for inspection, roof age, HVAC, and any deferred maintenance rather than assuming the median tells the whole story.

The high homestead share and small home count mean listings don't come up often, and when they do, the neighborhood's consistency is part of the appeal. Location in Grand Island puts you in Lake County, away from the denser coastal corridors, which is a deliberate trade-off toward a quieter, lower-density setting. If you want that setting and a manageable footprint, this is a rational place to plant.

In a small community with few recent closings, comp selection is everything, and a lazy pull of the last sale will mislead you in either direction. We price and evaluate on condition, systems, and lot rather than square footage alone, and we tell you plainly when a home's asking price outruns what its updates support. That candor is worth more here than in a high-volume subdivision where the market sets itself.

Listings in this community report association dues of about $10 per month — the median AssociationFee across 6 MLS records, normalised to a monthly figure; most are billed annually. 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.