Wedgewood Club
Homes for Sale in Grand Island, FL

This is a compact, single-vintage enclave in Lake County where the homes are consistent in size and era, so the real variable buyers and sellers should focus on is condition and what has been updated since the original build.

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.

The defining trait here is consistency. Built between 1989 and 1991 with a median living area near 1,266 square feet, these are modestly scaled homes of a single era. That uniformity makes it easier to spot value: because the bones are similar house to house, updated kitchens, newer roofs, refreshed systems, and lot presentation account for most of the price spread. There is no meaningful premium for a rare floor plan because the plans are broadly alike.

With 28 homes and a homestead share near 71 percent, turnover is limited and inventory is scarce by nature. A buyer waiting for the perfect updated home may wait a while; a buyer willing to renovate has more room to negotiate on a home that needs work. Sellers benefit from a small, well-held community, but should price to their home's actual condition rather than to the newest or nicest sale nearby.

In a 28-home subdivision with only two recent closings, the difference between a fair price and a wrong one comes down to reading condition against thin comps. We walk the home, weigh roof and systems age against the median vintage, and tell you plainly where a listing sits relative to what has actually sold. That candor matters more here than in a high-volume market where the numbers speak for themselves.

Listings in this community report association dues of about $11 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.