Wedgewood Club 7Th Add in GRAND ISLAND

Wedgewood Club 7Th Add
Homes for Sale in GRAND ISLAND, FL

Community in GRAND ISLAND · Lake County · ZIP 32735
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Built fromLive Stellar MLS data22 years of closingsUpdated twice daily
Live · Wedgewood Club 7Th Add Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Tempo
100%
Under contract
Lake: 26% (1,105 of 4,329)
0 · 1
For sale · pending
live counts, refreshed twice daily
1
Sold · last 12 mo
10-yr average: about 1 a year
Ownership and context
0%
Cash buyers · Wedgewood Club 7Th Add
0 of 6 sales, 12 mo ending June 2021
Track record · 22 years of records
0
Failed listings · 2025
peaked at 2 in 2011
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Wedgewood Club 7th Add is a small deed-restricted pocket in Grand Island, and the data set here is thin by design — there is a single active listing and only one closing in the most recent window. That is not enough transaction volume to draw a price trend line, so anyone quoting a firm number for this community is guessing. Treat this as a market where each listing has to be evaluated on its own condition and lot, not against a neighborhood average.

With months of supply running at twelve, this reads as a buyer-leaning setup: little competition among buyers for what's available, and a seller who lists here should expect to negotiate on terms or timeline rather than assume urgency. For a buyer, that posture is an advantage if you find the right listing — there's room to take your time on inspection and financing contingencies.

The 60-Second Overview

A small, deed-restricted section of Grand Island in Lake County where golf carts are permitted — a detail that points to a low-key, low-traffic layout rather than a through-street feel.

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 specific home in this section who has flexibility on timing and is prepared to negotiate directly
  • Someone who values a deed-restricted setting with golf-cart access and doesn't need a wide pool of listings to choose from
  • An investor or move-up buyer comfortable pricing off broader-area comps rather than in-community sales history

Probably not for

  • A buyer who wants several active listings to compare before deciding
  • Someone on a tight closing deadline who needs predictable market movement
  • A buyer unwilling to review current HOA deed restriction documents before committing

The market around Wedgewood Club 7Th Add

Wedgewood Club 7Th Add is a small community — 7 recorded sales on file, most recently in 2025 — 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).

Homes here are single family residence.

ZIP and county figures describe the wider market, not Wedgewood Club 7Th Add specifically. Momentum Research analysis of MLS records.

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

If we were buying in Wedgewood Club 7Th 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

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 Wedgewood Club 7Th Add.

Best Buy
A buyer who has already identified a specific lot or home here and wants to move deliberately rather than compete for it.
Biggest Risk
Thin data means limited comps, so pricing either direction requires outside verification rather than neighborhood averages.
Sweet Spot
Right for a patient, well-prepared buyer who wants a quiet, deed-restricted section and is comfortable doing extra diligence on HOA terms.
Avoid If
Avoid if you need multiple options to compare or a fast, predictable closing timeline — this community won't offer either right now.

A Thin Market, Read Carefully

With only one home currently on the market and just one closing in the recent window, Wedgewood Club 7th Add doesn't generate the kind of repeat data that lets you compare comps confidently. That's typical for smaller deed-restricted sections tucked inside larger Grand Island communities — turnover is infrequent, and when something does list, it may sit without a direct twin to measure it against.

The deed restrictions and golf-cart allowance are the two defining amenity facts on record. Deed restrictions typically govern exterior standards and lot use, so anyone considering a purchase here should get the current HOA documents rather than rely on general assumptions. The golf-cart allowance is worth noting for day-to-day mobility around Grand Island, but confirm current access rules directly with the HOA before counting on it.

The location and the amenities are priced into every listing in Wedgewood Club 7Th 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 community with this little active inventory and transaction history, pricing a listing or structuring an offer correctly depends on pulling every comparable sale we can find beyond the community boundary and reading the HOA documents line by line — that's the kind of groundwork we do before a number ever goes on paper.

Wedgewood Club 7Th Add in 15 seconds.

Best forA buyer who has already identified a specific lot or home here and wants to move deliberately rather than compete for it.
Biggest advantageLow competition — with months of supply this high, buyers can negotiate terms without a bidding-war clock running.
Biggest riskThin data means limited comps, so pricing either direction requires outside verification rather than neighborhood averages.
Sweet spotRight for a patient, well-prepared buyer who wants a quiet, deed-restricted section and is comfortable doing extra diligence on HOA terms.
Avoid ifAvoid if you need multiple options to compare or a fast, predictable closing timeline — this community won't offer either right now.

HOA, CDD & Fees

In short
  • HOA status not on record. Verify any dues before you offer
  • 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 7Th Add sales matched to your home.

What is your Wedgewood Club 7Th Add home worth?

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Real comps, not an automated estimate.

WEDGEWOOD CLUB 7TH ADD Market Scorecard

Buyer's market

WEDGEWOOD CLUB 7TH ADD is currently a buyer's market. About 6.0 months of supply, a median asking price of $295,000, and homes go under contract in about 15 days.

6.0
Months supply
$295,000
Median list
$235,000
Median sold
$193
Per sqft
15
Days on mkt
1/0/2
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.

Frequently Asked Questions

Do cash buyers compete in Wedgewood Club 7Th Add?
Cash buyers took 0% of Wedgewood Club 7Th Add sales in the 12 months ending June 2021 (0 of 6 closings, Stellar MLS).
Who is the best real estate agent for Wedgewood Club 7Th Add?
The best agent for Wedgewood Club 7Th 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 7Th Add.
How do I find a top GRAND ISLAND real estate agent who knows Wedgewood Club 7Th Add?
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 Wedgewood Club 7Th Add and the wider GRAND ISLAND area.
Can Momentum Realty connect me with an agent for Wedgewood Club 7Th Add?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Wedgewood Club 7Th Add purchase or sale - no call center and no pressure.
A buyer targeting a specific home in this section who has flexibility on timing and is prepared to negotiate directlyExcellent fit
Someone who values a deed-restricted setting with golf-cart access and doesn't need a wide pool of listings to choose fromExcellent fit
An investor or move-up buyer comfortable pricing off broader-area comps rather than in-community sales historyExcellent fit
A buyer who wants several active listings to compare before decidingProbably not
Someone on a tight closing deadline who needs predictable market movementProbably not
A buyer unwilling to review current HOA deed restriction documents before committingProbably not

Nearby Communities

Explore more neighborhoods near Wedgewood Club 7Th Add with Momentum Realty’s local guides.

Grand Island Ridge Sub Grand Island0.4 mi awayGrand Island Oaks Grand Island0.6 mi awayGroves At Grand Island Grand Island0.7 mi awayWindy Ridge Sub Grand Island0.8 mi awayMeadow Ridge Of Grand Island Leesburg1.0 mi awayHaines Creek Heights Leesburg1.1 mi awayBrendenwood Sub Grand Island1.1 mi awayBiscayne Heights Sub Grand Island1.2 mi away

Browse all neighborhood guides →

Data sources & freshness

Live listingsStellar MLS, refreshed twice daily (last: August 2, 2026)
Under-contract sharesStellar MLS records, as of 2026-08-01
Historical depthClosed-sale records back to 2004 (13 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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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 WEDGEWOOD CLUB 7TH 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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