Skip main navigation
For sale
  • Price cut: $145K (5/15)
    $3,850,000

    18090 N Olga Dr, Alva, FL 33920

    6beds
    6,294sqft
    : 
    $25,303/mo
    Get pre-qualified
    Single Family Residence
    Built in 1993
    1.54 Acres Lot
    $-- Zestimate®
    $612/sqft
    $-- HOA

    What's special

    Granite countertopsAbundant natural lightHigh ceilings throughoutMature oak treesFloor-to-ceiling custom cabinetryOpen floor planCustom baseboards
    A rare Waterfront estate offering privacy, scale, and true deep-water boating. This property is truly special! As you approach the home, an expansive grand driveway entrance leads to a private estate located at the end of a quiet street. Situated on a premier corner lot just outside the city, this property offers pure peacefulness and a true Old Florida lifestyle rarely found in today’s market. The estate spans approximately 1.5+ deeded acres (2.5+ usable) with an impressive 750+ feet of river frontage, delivering breathtaking 180-degree river views and a sense of seclusion throughout. Mature oak trees, lush landscaping, a newer boat dock with two lifts, and direct Gulf Yacht access complete this exceptional waterfront setting. Outdoor living is centered around a resort-style pool with a center spa and sun shelf, paired with a fully equipped professional outdoor kitchen, ideal for relaxing or entertaining along the river. Recessed exterior lighting surrounds the home, creating a refined evening ambiance. Inside, the home offers over 6,000 square feet of well-designed living space with 6+ bedrooms. A soaring grand entry immediately draws your eye to the water, with expansive river views, abundant natural light, and high ceilings throughout. Natural oak flooring runs throughout the home and is complemented by custom baseboards.The open floor plan flows into the chef’s kitchen featuring a large island, Wolf appliances, Sub-Zero refrigerator/freezer, wine cooler, butler’s pantry, granite countertops, and floor-to-ceiling custom cabinetry. Zero-corner impact sliders seamlessly connect the interior to the outdoor living areas, making this home ideal for entertaining. The primary suite features a spacious custom closet and a stunning master bathroom with a walk-in shower, stand-alone soaking tub, and dual vanities. Additional features include a whole-home reverse osmosis system, flood barrier system for peace of mind, oversized garages large enough to park a large boat, RV and or your car collection, and extra large storage space in a dedicated room above the garage. This waterfront location offers large yacht boating access, east or west. Be on the east coast in hours via the lock system out to the Atlantic Ocean or head to the Keys out the river and to the Gulf waters. A truly special riverfront property offering privacy, quality, and unmatched boating access in Lee County.
    197 days
    |
    1,008
    |
    54
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Mike H McMurray 239-850-7888,

    Royal Shell Real Estate, Inc.,

    Tyler Kinney,

    Royal Shell Real Estate, Inc.

    Source: Sanibel And Captiva Island AOR,MLS#: 2260059MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 5
      • Full bathrooms: 4
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Breakfast Room, Den, Dining Room, DR/LR Combo, Family Room, Kitchen, Laundry, Living Room, Media Room, Office, Workshop, See Remarks
      Primary bedroom
      • Features: Balcony, See Remarks
      • Level: Second
      Primary bathroom
      • Features: Dbl Sinks, Double Vanity, Sep. Shower, Sep. Tub, Tile
      Heating
      • Central
      Cooling
      • Ceiling Fan(s), Central Air, Zoned 3+ Cooling
      Appliances
      • Included: Additional Refrigerator, Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Internet Ready, Microwave, Gas Range, Refrigerator, Washer, Water Heater, Water Treatment, Wine Cooler, See Remarks
      • Laundry: Laundry Room, Sink
      Features
      • Bar, Breakfast Bar, Eat-in Kitchen, Pantry, Storage, Wet Bar, High Ceilings, Tray Ceiling(s), Vaulted Ceiling(s)
      • Flooring: Tile, Wood
      • Doors: Sliding Doors, Impact Resistant Doors
      • Windows: Casement, Impact Resistant Windows, Picture, Sliding
      • Has fireplace: No
      Interior area
      • Total structure area: 9,338
      • Total interior livable area: 6,294 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 5
      • Parking features: 3+ Garage, Garage Door Opener, Covered, Double Garage, Golf Cart Garage, RV Access/Parking, See Remarks
      • Has garage: Yes
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Open Porch, Patio, Deck
      • Exterior features: Outdoor Kitchen, Boat Lift, Covered Dock, Dock, Electric at Dock, Water at Dock, Balcony
      • Has private pool: Yes
      • Pool features: In Ground, Electric Heat, Equipment Stays, Pool Bath, See Remarks, Private
      • Spa features: Heated
      • Fencing: Fenced
      • Has view: Yes
      • View description: Lawn/Garden, River, See Remarks
      • Has water view: Yes
      • Water view: River
      • Waterfront features: Navigable Water, River Front, Seawall, Gulf Access, River
      Lot
      • Size: 1.54 Acres
      • Features: See Remarks, Irregular Lot
      Details
      • Parcel number: 15432600000170020

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Contemporary
      • Property subtype: Single Family Residence
      Materials
      • Block, Stucco
      • Roof: Metal
      Condition
      • Year built: 1993

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public, Irrigation Well, See Remarks

      Community & HOA

      Community
      • Features: Gulf Access
      • Security: Safe, Security System, Smoke Detector(s)
      • Subdivision: Alva
      HOA
      • Has HOA: No
      Location
      • Region: Alva

      Financial & listing details

      • Price per square foot: $612/sqft
      • Tax assessed value: $2,802,640
      • Annual tax amount: $15,265
      • Date on market: 1/14/2026
      • Cumulative days on market: 198 days
      • Listing terms: BTF/Cash
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/15/2026Price change$3,850,000-3.6%$612/sqft
        Source: Sanibel And Captiva Island AOR #2260059 Report a problem
        3/16/2026Price change$3,995,000-6%$635/sqft
        Source: Sanibel And Captiva Island AOR #2260059 Report a problem
        12/26/2025Listed for sale$4,250,000+21.4%$675/sqft
        Source: Florida Gulf Coast MLS #2025024091 Report a problem
        9/20/2024Sold$3,500,000+288.9%$556/sqft
        Source: Public Record Report a problem
        7/13/2010Sold$900,000-24.4%$143/sqft
        Source: Public Record Report a problem
        12/11/2009Price change$1,190,000-20.1%$189/sqft
        Source: Intracoastal Real Estate Inc #200809731 Report a problem
        11/7/2009Listed for sale$1,490,000-16.8%$237/sqft
        Source: Intracoastal Real Estate Inc #200809731 Report a problem
        6/20/2009Listing removed$1,790,000$284/sqft
        Source: Listhub #200809731 Report a problem
        2/1/2009Price change$1,790,000+20.1%$284/sqft
        Source: Listhub #200809731 Report a problem
        12/25/2008Price change$1,490,000-37.9%$237/sqft
        Source: NCI #200809731 Report a problem
        6/8/2008Price change$2,398,000+9.5%$381/sqft
        Source: NCI #200809731 Report a problem
        6/5/2008Price change$2,190,000-12.3%$348/sqft
        Source: NCI #200809731 Report a problem
        2/16/2008Listed for sale$2,498,000+156.2%$397/sqft
        Source: NCI #200809731 Report a problem
        6/23/2003Sold$975,000$155/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$38,760 +153.9%$2,659,910 +150.8%
        2024$15,265 +246.1%$1,060,407 +229.1%
        2023$4,411 -70.3%$322,195 -67.9%
        2022$14,850 +0.3%$1,004,248
        2021$14,806 +4.8%--
        2020$14,121 +1.7%$954,380 -21.8%
        2019$13,887 $1,220,964 +33.4%
        2018$13,887 +0.1%$915,528 +2.1%
        2017$13,870 -0.4%$896,697 -2.6%
        2016$13,920 +0.4%$920,727 -16.5%
        2015$13,862 -1.7%$1,103,148 +16.2%
        2014$14,105 +0%$949,238 +8.2%
        2013$14,103 +3.5%$877,214 -1.5%
        2012$13,627 +0.6%$890,140 +9.4%
        2011$13,543 -2.2%$813,778 -0.2%
        2010$13,851 -36.3%$815,767 -40.5%
        2009$21,751 +8%$1,371,590 -18.2%
        2007$20,144 -1.7%$1,677,550 -0.1%
        2006$20,482 +27%$1,678,620 +103%
        2004$16,122 +73.6%$826,820 +63.8%
        2003$9,289 +9.9%$504,700 +5.6%
        2002$8,453 $478,050 +9.8%
        2000-- $435,340
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 33920

        Getting around

        2 / 100
        Car-Dependent
        26 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes