Closed

Alva Residential, 18050 Otter Water Way, Alva, FL 33920

$950,000Price
3Beds
2Baths
2,206SqFt

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Details

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Status:
Sold - Jun 18, 2025
Parking: 2
Size: 2,206 SqFt (205 m2)
Price: $431/SqFt ($4,635/m2)
Type: Single Family Home
Built: 1986
HOA: N/A
MLS Number: 224093833
View: Landscaped Area, River, Water
Updated: 42 Days ago
Page Views: 0
The gorgeous alva riverfront estate is nestled in one of the most sought-after areas in southwest florida. Perfect for kayakers and boaters alike. Situated on the mouth of the telegraph creek famous for kayaking. The 3 bedroom and 2 bath pool home is nestled on 1.16 acres in a quaint private community, and boasts stunning river views right from your living room, with one of the best sunset views in alva. The property has over $300,000 worth of upgrades in the past 4 years alone, including a new dock and 10,000 lb boat lift, renovated bathrooms, a whole house generator, new hvac system, new hurricane-rated metal roof, new impact windows, new decking, complete pool renovation surrounded by new travertine decking, and much more (see upgrade list). This property is certainly one of the most stunning and private in all of alva, so act quickly, as it's sure to sell fast. Otter water way is a private road, so please do not enter the drive without an appointment. This property is high and dry, with no flooding inside the house from any hurricane!
Features
Bedrooms
  • Bedrooms: 3
Bathrooms
  • Bathrooms: 2
  • Half Bathrooms: No info
Exterior and Lot Features
  • Exterior Features: Boat Canopy/Cover, Boat Dock Private, Boat Lift, Composite Dock, Screened Lanai/Porch
  • View: Landscaped Area, River, Water
Interior, Heating and Cooling
  • Interior Features: Built-In Cabinets, Cathedral Ceiling(s), French Doors, Laundry Tub, Pantry, Smoke Detectors, Walk-In Closet(s), Zero/Corner Door Sliders
  • Equipment / Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator/Freezer, Reverse Osmosis, Trash Compactor, Washer, Water Treatment Owned
  • Heating Description: Central Electric
  • Cooling Description: Ceiling Fan(s), Central Electric
Building and Construction
  • Floor Description: Tile, Wood
  • Windows/Treatment: No info
  • Construction Type: House
  • Year Built: 1986
  • Style: Ranch, Single Family
Waterfront and Water Access
  • Waterfront Frontage: Yes
School Information
    Other Property Info
    • Garage: 2
    • Pets Allowed: Yes
    Taxes, Fees & More
    • Maintenance Includes: None
    • Taxes: 4317.91
    • Security Information: Smoke Detector(s)
    • Parking Description: Attached
    • Total Floors in Building: 1
    • Total Units in Building: 1

    Price History

    06/18/2025

    Date

    Sold

    Event

    $950K

    Price

    0%

    Change Rate

    $431 ft2 / $4,635 m2

    Price Per

    04/25/2025

    Date

    Price Reduced

    Event

    $950K

    Price

    -11.63%

    Change Rate

    $431 ft2 / $4,635 m2

    Price Per

    04/25/2025

    Date

    Price Reduced

    Event

    $1.1M

    Price

    -6.52%

    Change Rate

    $487 ft2 / $5,245 m2

    Price Per

    11/27/2024

    Date

    Listed

    Event

    $1.2M

    Price

    $521 ft2 / $5,611 m2

    Price Per

    Price per square foot and days on website are not provided values and are calculated by Subdivisions.

    Listed by Lawrence RoncoRE/MAX Gulf Coast Living • Buyer Agency Compensation .

    Instant Comps

    $100/ft²
    $400/ft²
    $800/ft²
    $1,200/ft²

    Unit 18050 Otter Water Way – Asking

    $431/ft²

    (+65%) from Closed Medium $/ft²

    Closed Medium $/ft²

    $261/ft²
    Community $/Price Range (Closed) $232/ft² – $1029/ft²
    No Comparable Units Found: We couldn't locate comparable properties at this time. Contact us for a FREE, no-obligation Comparative Market Analysis (CMA) from a licensed RE advisor.
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