This exceptional 3 Bedroom + Den, 2.5 Bath riverfront residence offers direct Gulf access and sits on an expansive .61-acre estate lot with 116 feet of pristine Caloosahatchee River frontage. A masterful renovation of a classic 1926 Mediterranean home, the property reflects nearly a century of architectural pedigree—originally redesigned by Dan Sater, reconfigured and rebuilt in 1990, updated in 2010, and most recently transformed in 2023 with a sophisticated, modern aesthetic. Additional structural and mechanical enhancements include a whole-house repipe and new roof in 2022, as well as a new A/C system, appliances and hot water heater in 2023.
A gated entry introduces the property with a grand sense of arrival, opening to a motor court and a detached three-car garage with the potential for a future guest house. Inside, the home blends timeless character with elevated luxury, featuring sun-drenched living spaces that capture sweeping river views. The first floor showcases elegant Travertine marble flooring, a wood-burning fireplace and a fully reimagined kitchen designed for both beauty and functionality.
The entire second level is devoted to a magnificent primary suite, offering exceptional privacy and a serene retreat. The primary bath features a large walk-in shower, jetted tub and dual European-style vanities. A private balcony overlooks the pool, expansive rear lawn and the wide river beyond, creating a front-row seat to breathtaking panoramic vistas and unforgettable sunsets.
Perfectly positioned in the highly desirable Valencia Terrace neighborhood, along the McGregor Corridor and just one mile from Downtown Fort Myers, this residence offers the freedom of no HOA or restrictions. With unmatched privacy, historic charm, and true waterfront living, the property stands as a rare offering. The adjacent lot is also listed for sale, presenting an extraordinary opportunity to expand or create a multi-parcel riverfront estate.
Active
$2,875,000
2878 Valencia Way, Fort Myers, FL 33901
3beds
2,970sqft
Single Family Residence
Built in 1926
0.58 Acres Lot
$-- Zestimate®
$968/sqft
$-- HOA
What's special
Gated entryDirect gulf accessDetached three-car garageSweeping river viewsSun-drenched living spacesMotor courtWood-burning fireplace
- 125 days |
- 242 |
- 6 |
Zillow last checked:
Listing updated:
Listed by:
Mary Dickey 812-212-2633,
Barclays Real Estate Group 1,
Ty Wespiser 248-890-0030,
Barclays Real Estate Group 1
Source: Florida Gulf Coast MLS,MLS#: 2026011317
Originating MLS: Florida Gulf Coast
Originating MLS: Florida Gulf CoastLoading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Rooms
- Room types: Bathroom, Den, Family Room, Guest Quarters, Other
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Dryer, Dishwasher, Freezer, Microwave, Range, Refrigerator, Self Cleaning Oven, Wine Cooler, Washer
Features
- Bathtub, Dual Sinks, Eat-in Kitchen, French Door(s)/Atrium Door(s), Jetted Tub, Kitchen Island, Living/Dining Room, Separate Shower, Walk-In Closet(s), Window Treatments, Bathroom, Den, Family Room, Guest Quarters, Other
- Flooring: Tile, Wood
- Doors: French Doors
- Windows: Impact Glass, Window Coverings
Interior area
- Total structure area: 2,970
- Total interior livable area: 2,970 sqft
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Driveway, Detached, Garage, Paved
- Garage spaces: 3
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Balcony, Open, Porch
- Exterior features: Security/High Impact Doors, Outdoor Grill
- Has private pool: Yes
- Pool features: In Ground
- Has view: Yes
- View description: River
- Has water view: Yes
- Water view: River
- Waterfront features: River Front, Across the Road Water Frontage
Lot
- Size: 0.58 Acres
- Dimensions: 225 x 116 x 120 x 236
- Features: Oversized Lot
Details
- Parcel number: 264424P101805.0030
- Lease amount: $0
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Two Story
- Property subtype: Single Family Residence
Materials
- Block, Concrete, Stucco
- Roof: Tile
Condition
- Resale
- Year built: 1926
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, High Speed Internet Available
Community & HOA
Community
- Features: Non-Gated
- Security: Smoke Detector(s)
- Condo and coop fee: $0
- Membership fee: $0
- Subdivision: VALENCIA TERRACE
HOA
- Has HOA: No
- Amenities included: None
- Services included: None
Location
- Region: Fort Myers
Financial & listing details
- Price per square foot: $968/sqft
- Tax assessed value: $1,837,979
- Annual tax amount: $28,951
- Date on market: 3/5/2026
- Cumulative days on market: 126 days
- Listing terms: All Financing Considered,Cash
- Ownership: Single Family
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 3/6/2026 | Listed for sale | $2,875,000-2.5%$968/sqft |
Source:  Florida Gulf Coast MLS #2026011317 Report a problem | ||
| 3/5/2026 | Listed for rent | $20,000+300%$7/sqft |
Source: Florida Gulf Coast MLS #2026009126 Report a problem | ||
| 4/17/2024 | Listing removed | -- |
Source: Berkshire Hathaway HomeServices Florida Realty #223094209 Report a problem | ||
| 1/13/2024 | Listing removed | $2,948,222$993/sqft |
Source: Berkshire Hathaway HomeServices Florida Realty #223094209 Report a problem | ||
| 1/7/2024 | Listed for sale | $2,948,222+84.8%$993/sqft |
Source:  Coconut Coast Realtors #223094209 Report a problem | ||
| 10/21/2018 | Listing removed | $1,595,000$537/sqft |
Source: United Real Estate Infinity #218049190 Report a problem | ||
| 9/8/2018 | Listed for sale | $1,595,000+14.3%$537/sqft |
Source: United Real Estate Infinity #218049190 Report a problem | ||
| 9/29/2014 | Listing removed | $5,000$2/sqft |
Source: Realty Group of Southwest Florida Report a problem | ||
| 8/28/2014 | Listed for rent | $5,000$2/sqft |
Source: REALTY GROUP of Southwest Florida Report a problem | ||
| 1/14/2014 | Listing removed | -- |
Source: Realty Group of Southwest Florida, Inc. Report a problem | ||
| 11/6/2013 | Listed for sale | -- |
Source: Realty Group of Southwest Florida, Inc. Report a problem | ||
| 5/2/2012 | Sold | $1,395,000$470/sqft |
Source: Public Record Report a problem | ||
| 2/25/2012 | Price change | $1,395,000-3.8%$470/sqft |
Source: VIP Realty Group Inc 1 #201202992 Report a problem | ||
| 1/6/2011 | Price change | $1,450,000-9.1%$488/sqft |
Source: VIP Realty Group Inc 1 #200866499 Report a problem | ||
| 11/7/2009 | Listed for sale | $1,595,000-30.3%$537/sqft |
Source: VIP Realty Group Inc 1 #200866499 Report a problem | ||
| 1/2/2009 | Listing removed | $2,290,000$771/sqft |
Source: NCI #2602007 Report a problem | ||
| 5/9/2008 | Price change | $2,290,000-8.4%$771/sqft |
Source: NCI #2602007 Report a problem | ||
| 2/1/2008 | Listed for sale | $2,500,000+112.8%$842/sqft |
Source: NCI #2602007 Report a problem | ||
| 7/15/2002 | Sold | $1,175,000$396/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $29,689 +2% | $1,710,886 +10% |
| 2024 | $29,094 +29.8% | $1,555,351 +21.2% |
| 2023 | $22,422 -6.2% | $1,282,987 -0.2% |
| 2022 | $23,902 +7.7% | $1,285,414 +10% |
| 2021 | $22,203 +3.4% | $1,168,558 +7.3% |
| 2020 | $21,465 -2.8% | $1,089,335 -0.9% |
| 2019 | $22,075 | $1,098,991 -0.9% |
| 2018 | $22,075 -3.2% | $1,109,521 -2.7% |
| 2017 | $22,812 -5.2% | $1,140,185 -2.4% |
| 2016 | $24,065 -4% | $1,168,526 -1.1% |
| 2015 | $25,061 +49.1% | $1,181,016 +0.2% |
| 2014 | $16,811 +0.4% | $1,178,915 +56.5% |
| 2013 | $16,747 +3.1% | $753,200 +1.6% |
| 2012 | $16,240 -15.9% | $741,173 -16.4% |
| 2011 | $19,316 -7.7% | $887,017 -6.3% |
| 2010 | $20,928 +2.3% | $947,094 -5.1% |
| 2009 | $20,457 -23.4% | $998,060 -29.8% |
| 2007 | $26,696 -20.5% | $1,422,200 -16.3% |
| 2006 | $33,590 +71.5% | $1,698,730 +94.9% |
| 2004 | $19,587 +4.2% | $871,750 +10.4% |
| 2003 | $18,803 +71.9% | $789,790 +22% |
| 2002 | $10,940 | $647,460 +38.7% |
| 2000 | -- | $466,830 |
Find assessor info on the county website
Monthly payment
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Payment breakdown
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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.
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Climate risks
Neighborhood: 33901
Nearby schools
GreatSchools rating
- 3/10Allen Park Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 2/10Fort Myers Middle AcademyGrades: 6-8Distance: 1.4 mi
- 6/10Fort Myers High SchoolGrades: 9-12Distance: 0.6 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Florida
- Lee County
- Fort Myers
- 33901
- 2878 Valencia Way
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