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A rare opportunity to own a fully renovated, riverfront estate on 5. 5 acres in Alva with 250 feet of Caloosahatchee River frontage. Set at the end of a quiet dead-end road, this property offers true privacy, mature Old Florida landscaping, and direct access to the Gulf of Mexico and Atlantic Ocean via the Okeechobee Waterway. A private boat ramp and deepwater dock accommodate large vessels, jet skis, or weekend cruisers—ideal for boating, fishing, and sunset rides from your own backyard.
The estate includes two fully remodeled 3-bedroom, 2-bath homes positioned on opposite ends of the property—offering privacy, flexibility, and potential income. Both homes have been completely upgraded with large-format tile flooring, modern kitchens, designer bathrooms, all new appliances, updated plumbing, new AC systems, and hurricane-impact windows and doors. High-end finishes and a thoughtful layout create a turn-key experience inside and out, perfect for full-time living or extended stays with guests.
The main residence (approx. 1, 700 sq ft) is elevated above the river and features three scenic balconies with wide-open views, cathedral ceilings with exposed beams, and an open-concept living space designed to capture natural light and riverfront breezes. The guest home (approx. 1, 300 sq ft) has its own private entrance, full kitchen, laundry, and matching finishes—ideal for multi-generational living, extended guests, or income-rental use.
Outside, the property includes multiple large ponds, a rustic barn with horse stalls, and open, level ground ready for customization. Agricultural zoning allows for livestock, gardens, recreation, and offers lower property taxes. Towering oak trees, fruit trees, and native Florida landscaping frame every inch of this quiet retreat, creating a serene, usable homestead that feels a world away but is close to everything.
Located just 25 minutes from Fort Myers, Alva is one of Southwest Florida’s last remaining hidden gems—known for its wide water views, equestrian estates, and laid-back lifestyle. Residents enjoy a blend of peaceful rural charm and proximity to beaches, golf courses, downtown Fort Myers, and two major airports. It’s the perfect balance of seclusion and convenience, with strong long-term growth potential as land in this area becomes increasingly scarce.
Whether you're looking for a multi-home compound, a place to launch weekend adventures, or a legacy waterfront property, this estate checks every box. The quality of construction, flexibility of use, and lifestyle potential are unmatched in this price range. Enjoy peaceful evenings under the stars, morning coffee on the balcony, and the freedom to live, work, and play on your own private waterfront retreat. With room to grow, income potential, and irreplaceable location—this is Florida living, elevated.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,999,900
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,599,920 | $1,599,920 | $1,599,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.861% | 6.751% | 6.666% |
Monthly Tax Payment | $584 | $584 | $584 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,721 | $10,244 | $13,937 |
Total Monthly Payment | $10,430 | $10,953 | $14,646 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.