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Lake CountyGrand IslandGrand Terrace

Grand Terrace, Grand Island

Grand Terrace is a neighborhood in Grand Island, in the 32735 zip code, built mostly in the 1990s. Homes are block and concrete, predominantly single story. Most homes fall between about 900 and 1,300 square feet under air, and the median lot is roughly a third of an acre.

Most of Grand Terrace carries no mandatory HOA.

What the homes are

  • Built Mostly built in the 1990s, with homes from 1989 to 1991.
  • Construction Block and concrete. Shingle roofs are near universal.
  • Size Most homes fall between about 900 and 1,300 square feet under air.
  • Bedrooms Three bedrooms is the most common plan, then two.
  • Lot The median lot is roughly a third of an acre.
  • HOA Most of the neighborhood carries no mandatory HOA. Confirm on a specific parcel before relying on it.

Where Grand Terrace is

Grand Terrace, centered at 28.878892, -81.73633. 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 Terrace, not straight-line distance, in free-flowing traffic. Treat them as the floor rather than the school-run average.

Driving toTimeMiles
Downtown Orlando58 min47.8
Walt Disney World65 min54.4
AdventHealth Waterman16 min7.9
Downtown Mount Dora20 min10.1

Private schools nearby

  • The Learning Curve Academy 9 min, 3.9 mi
  • Palm Tree Academy 12 min, 6.7 mi

Parks and recreation

  • Marsh Memorial Park 7 min, 3.0 mi
  • Twin Lakes Park 9 min, 4.8 mi

Groceries and errands

  • Publix Super Market at Woodland Center 9 min, 3.5 mi

Nearest is not the same as zoned. The schools above are the closest ones to Grand Terrace 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 13 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 Terrace actually sold for over the last twelve months, how long they took, and what moved the price. It is built from 1 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.

Read this one loosely. Fewer than eight homes closed here in the last year, so every median on this page rests on a small sample and can swing on a single sale.

What homes sold for in Grand Terrace

$298,877Median sale price
$226Median per square foot
1 dayMedian days to contract
1Homes sold in 12 months

Sale prices ran from $298,877 to $298,877, which is a wide spread and the reason a single neighborhood median is a starting point rather than an answer.

Seller concessions

100%Of sales included a seller credit
$13,123Typical credit when there was one
1 of 1Sales 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

FHA 1 sales100%

Cash was 0% 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 Terrace, 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 Terrace in Grand Island, Lake County, covering closed sales from 18 September 2025 through 13 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. Data believed accurate but not guaranteed; listings and closings change daily.