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  • $950,000

    18050 Otter Water Way, Alva, FL 33920

    3beds
    2,206sqft
    Single Family Residence
    Built in 1986
    1.16 Acres Lot
    $901,500 Zestimate®
    $431/sqft
    $2,817 Estimated rent

    Home value

    $901,500

    $793,000 - $1.02M

    $2,817/mo

    Zestimate® history
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    What's special

    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!

    Zillow last checked:

    Listing updated:

    Listed by:

    Lawrence Ronco 239-229-6333,

    RE/MAX Gulf Coast Living,

    Travis Ronco 239-834-7161,

    RE/MAX Gulf Coast Living

    Bought with:

    Lawrence Ronco, 258000641

    RE/MAX Gulf Coast Living

    Travis Ronco, 258034285

    RE/MAX Gulf Coast Living

    Source: Florida Gulf Coast MLS,MLS#: 224093833MLS LogoOriginating MLS: Florida Gulf Coast

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Den, Family Room, Guest Quarters, Great Room, Office, Screened Porch
    Heating
    • Central, Electric
    Cooling
    • Central Air, Ceiling Fan(s), Electric
    Appliances
    • Included: Dryer, Dishwasher, Freezer, Disposal, Microwave, Range, Refrigerator, Trash Compactor, Water Purifier, Washer
    • Laundry: Inside, Laundry Tub
    Features
    • Breakfast Bar, Built-in Features, Breakfast Area, Cathedral Ceiling(s), Separate/Formal Dining Room, Dual Sinks, French Door(s)/Atrium Door(s), Pantry, Shower Only, Separate Shower, Walk-In Closet(s), Home Office, Split Bedrooms, Den, Family Room, Guest Quarters, Great Room, Office, Screened Porch
    • Flooring: Tile, Wood
    • Doors: French Doors
    • Windows: Single Hung, Impact Glass
    Interior area
    • Total structure area: 2,655
    • Total interior livable area: 2,206 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Garage, Garage Door Opener
    • Attached garage spaces: 2
    Features
    • Stories: 1
    • Patio & porch: Deck, Lanai, Patio, Porch, Screened
    • Exterior features: Deck, Fruit Trees, Security/High Impact Doors, Patio
    • Has private pool: Yes
    • Pool features: Concrete, Electric Heat, Heated, In Ground, Salt Water
    • Has spa: Yes
    • Spa features: Gunite, In Ground
    • Has view: Yes
    • View description: Landscaped, River, Water
    • Has water view: Yes
    • Water view: River,Water
    • Waterfront features: Navigable Water, River Front, Seawall
    Lot
    • Size: 1.16 Acres
    • Dimensions: 153 x 492 x 175 x 501
    • Features: Oversized Lot
    Details
    • Parcel number: 1543260000012.006A
    • Lease amount: $0
    • Zoning description: AG-2
    • Other equipment: Generator, Reverse Osmosis System

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch,One Story
    • Property subtype: Single Family Residence
    Materials
    • Block, Concrete, Stucco
    • Roof: Metal
    Condition
    • Resale
    • Year built: 1986

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well
    • Utilities for property: Cable Available

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    • Condo and coop fee: $0
    • Membership fee: $0
    • Subdivision: ALVA
    HOA
    • Has HOA: No
    • Amenities included: None
    • Services included: None
    • HOA phone: 000-000-0000
    Location
    • Region: Alva

    Financial & listing details

    • Price per square foot: $431/sqft
    • Tax assessed value: $624,993
    • Annual tax amount: $4,317
    • Date on market: 11/27/2024
    • Cumulative days on market: 203 days
    • Listing terms: All Financing Considered,Cash,FHA
    • Ownership: Single Family

    Price history

    DateEventPrice
    6/18/2025Sold$950,000-11.6%$431/sqft
    Source: Florida Gulf Coast MLS #224093833 Report a problem
    6/11/2025Pending sale$1,075,000$487/sqft
    Source: SWFLMLS #224093833 Report a problem
    4/25/2025Price change$1,075,000-6.5%$487/sqft
    Source: SWFLMLS #224093833 Report a problem
    2/5/2025Listed for sale$1,150,000$521/sqft
    Source: SWFLMLS #224093833 Report a problem
    1/30/2025Listing removed$1,150,000$521/sqft
    Source: Stellar MLS #A4636109 Report a problem
    11/28/2024Listed for sale$1,150,000$521/sqft
    Source: SWFLMLS #224093833 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,592 +3.9%$329,553 +2.9%
    2024$4,420 +2.4%$320,265 +3%
    2023$4,318 -2.1%$310,937 +3%
    2022$4,409 +1.4%$301,881
    2021$4,349 +15.4%--
    2020$3,767 +2%$263,057 -36.4%
    2019$3,693 $413,424 +63.8%
    2018$3,693 +0.3%$252,348 +2.1%
    2017$3,683 +0.1%$247,158 -13.7%
    2016$3,679 +0.8%$286,391 -16.1%
    2015$3,649 -1.4%$341,415 +22.6%
    2014$3,701 +0.5%$278,406 -3.1%
    2013$3,681 +3.5%$287,194 -11.8%
    2012$3,555 +1.2%$325,560 +45.1%
    2011$3,514 -24.6%$224,302 -36.3%
    2010$4,660 +5.9%$351,991 -29%
    2009$4,400 +3.3%$495,460 -28%
    2007$4,261 -1.3%$688,160 +2.9%
    2006$4,319 -5.4%$668,860 +117.5%
    2004$4,567 -2%$307,530 -0.6%
    2003$4,661 +7.1%$309,460 +20.7%
    2002$4,352 $256,310 +26.2%
    2000-- $203,120
    Find assessor info on the county website

    Neighborhood: 33920

    Nearby schools

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