Grand Island Reserve is a 2010s neighborhood in Grand Island, in the 32735 zip code. Homes are block and stucco, predominantly single story. Most homes fall between about 1,500 and 3,200 square feet under air, the median lot is roughly a fifth of an acre, and a two car garage is standard.
Homes here carry an HOA, billed semi-annually, typically around $540. Confirm the figure on a specific parcel before relying on it.
What the homes are
Built Essentially all built in the 2010s.
Construction Block and stucco. Shingle roofs are near universal.
Size Most homes fall between about 1,500 and 3,200 square feet under air.
Bedrooms Four bedrooms is the most common plan, then three, then five.
Garage A two car garage is standard.
Lot The median lot is roughly a fifth of an acre.
HOA Billed semi-annually, typically around $540. Confirm on a specific parcel before relying on it.
Where Grand Island Reserve is
Grand Island Reserve, centered at 28.87951, -81.722954. Drag to explore.Street level, inside the neighborhood. Drag to look around.
Drive times below are measured on the road network from the center of Grand Island Reserve, not straight-line distance, in free-flowing traffic. Treat them as the floor rather than the school-run average.
Driving to
Time
Miles
Downtown Orlando
57 min
46.7
Walt Disney World
63 min
53.2
AdventHealth Waterman
15 min
6.8
Downtown Mount Dora
19 min
8.9
Public schools nearby
Eustis Elementary School 10 min, 4.1 mi
Eustis Heights Elementary School 11 min, 4.6 mi
Private schools nearby
The Learning Curve Academy 7 min, 2.8 mi
Alee Academy Charter School 9 min, 3.6 mi
Parks and recreation
Marsh Memorial Park 5 min, 1.9 mi
Ferran Park 8 min, 3.4 mi
Sunset Island Park 10 min, 4.1 mi
Groceries and errands
Publix Super Market at Woodland Center 8 min, 2.3 mi
Nearest is not the same as zoned. The schools above are the closest ones to Grand Island Reserve by distance. School attendance zones are set by the district, change from year to year, and can differ street to street inside one neighborhood. Confirm the assignment for a specific address with Lake County Public Schools before it matters to a decision.
Places and drive times from Google, checked 12 September 2026. Businesses open and close; if something here has changed, tell me and I will correct it.
This page tracks what homes in Grand Island Reserve actually sold for over the last twelve months, how long they took, and what moved the price. It is built from 15 verified closed sales in the Stellar MLS feed, not from public estimates. Every figure is a net-of-concessions number, which is explained at the bottom. Updated September 2026.
What homes sold for in Grand Island Reserve
$350,000Median sale price
$162Median per square foot
44 daysMedian days to contract
15Homes sold in 12 months
Sale prices ran from $257,425 to $425,000, which is a wide spread and the reason a single neighborhood median is a starting point rather than an answer.
By size
Home size
Sales
Median price
Median $/sq ft
Median days
Under 2,000 sq ft
7
$310,000
$165
41 days
2,000 to 3,000 sq ft
8
$361,500
$149
62 days
Larger homes usually show a lower price per square foot. That is normal and it is why a price per foot taken from the whole neighborhood should never be applied straight to one house.
Homes priced right sold far faster
Median days to go under contract. Shorter is better.
Never reduced 4 sales, closed at 97.4% of asking12 days
Reduced at least once 11 sales, closed at 98.4% of the reduced price81 days
Sellers who priced correctly and held their number went under contract in a median 12 days. Sellers who had to reduce took 81 days and still closed at 98.4% of their already reduced price, after a typical cut of $15,001. Opening high costs time and money, in that order.
Seller concessions
47%Of sales included a seller credit
$9,175Typical credit when there was one
7 of 15Sales carrying a credit
A seller credit covers part of the buyer's closing costs and comes off the seller's proceeds, so the headline sale price overstates what the seller kept. Budget for it if you are selling, and ask for it if you are buying.
How buyers paid
Conventional 7 sales47%
FHA 4 sales27%
Cash 3 sales20%
USDA 1 sales7%
Cash was 20% of purchases. A high cash share means a seller has buyers who do not depend on an appraisal, and a buyer using a loan is competing against offers that can close faster.
Questions about a specific home in Grand Island Reserve, or want to know what yours would sell for? Call or text Brenden Rendo at 407-616-9019 or send a message.
About this data. Source is the Stellar MLS feed for Grand Island Reserve in Grand Island, Lake County, covering closed sales from 17 September 2025 through 12 September 2026, refreshed monthly and current as of September 2026. Prices are net of seller concessions, so they reflect what the seller actually received rather than the headline number. One record was excluded as an off-market transfer rather than an open market sale. Data believed accurate but not guaranteed; listings and closings change daily.
