13 days on rocket

18050 Otter Water Way, Alva, FL, 33920

$1,150,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
2,206 SqFt
$521/SqFt
House

Location

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18050 Otter Water Way, Alva$1,150,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Garage, Garage Door Opener
Attached Garage2 spaces
Year Built1986
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s), Electric
WaterfrontNavigable Water, River Front, Seawall
ViewOther, River, Water
Private PoolYes
MLS #224093833
Lot Size1.16 Acres
StatusActive

About 18050 Otter Water Way

Gorgeous Alva riverfront estate nestled in one of the most sought after areas in SouthWest Florida. 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 quick as its 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!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch, One Story
  • Year Built: 1986
  • Stories: 1
  • Living Area: 2,206 SqFt

Listing Office:

  • Office Name: RE/MAX Gulf Coast Living
  • Office Phone: (239) 693-1959
  • Listing Agent: Lawrence Ronco

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Freezer, Disposal, Microwave, Range, Refrigerator, Trash Compactor, Water Purifier, Washer
  • Flooring Type: Tile, Wood
  • Interior: 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

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Navigable Water, River Front, Seawall
  • View: Other, River, Water
  • Exterior: Deck, Fruit Trees, Security/High Impact Doors, Patio

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Garage, Garage Door Opener

Lot Features

Lot Information:

  • Lot: Oversized Lot
  • Lot Size: 1.16 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fan(s), Electric

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,150,000
  • Price Per SqFt: $521/SqFt

Tax Information:

  • Annual Amount: $3,767
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Alva, FL.

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Alva, FL

City

Med. Sold Price

$448.7K

Med. Price/SqFt

$217

Avg. Days On Market

146

# of Sold Homes

18

18050 Otter Water Way vs Alva

13 DAYS ON ROCKET

-133 Days

$1,150,000

+$701.2K More

$521/SqFt

+$303 More

KEY TAKEAWAY

This property is $701.2K more than the Median Sold Price and $303/SqFt more than other homes in Alva, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SWFL
  • MLS Number: #224093833

Listing Office:

  • Office Name: RE/MAX Gulf Coast Living
  • Office Phone: (239) 693-1959
  • Listing Agent: Lawrence Ronco

IDX The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is for consumers` personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/11/2024, 3:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 20, 1997Home Sold
$275,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,767$263,057
2019$3,693$257,143
2018$3,683$252,348
2017$3,679$247,158

History based on county public records data.

Payment Calculator

$5,807

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,514

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1703796
3
/10

  • River Hall Elementary School

  • 2800 River Hall Pkwy

  • 1.46 miles

  • Public District Grades KG-5

school-card-donut-1703797
4
/10

  • Harns Marsh Elementary School

  • 1800 Unice Ave N

  • 6.21 miles

  • Public District Grades KG-5

school-card-donut-1703798
2
/10

  • Manatee Elementary School

  • 5301 Tice St

  • 6.38 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,000. Residents of Alva, FL typically earn less than $35k each year. Most families are married, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 18050 Otter Water Way

What is the listing price of this property?

The listing price of 18050 Otter Water Way property is $1,150,000.

What type of property is this?

The property 18050 Otter Water Way is a house located in Alva, Florida, 33920.

Is this property for sale now?

Active Listing: 18050 Otter Water Way is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,767 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on February 20, 1997 for $275,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 18050 Otter Water Way has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 18050 Otter Water Way is 2,206 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 18050 Otter Water Way is 1986.

Rocket Homes›Florida›Lee County›Alva›33920›18050 Otter Water Way

This home is located at 18050 Otter Water Way in Alva, FL and zip code 33920. This 2,206 square foot home, which was built in 1986, sits on a 1.16 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 28, 2024 and is currently priced at $1,150,000.

Over 1 listings were sold over their listed price in November 2024 in Alva, FL. In the same period over 15 listings were sold below the listed price and 2 listings were sold for the listed price. The inventory of homes for sale in Alva, FL between October 2024 and November 2024 increased by 18.6%. The median list price of listings available in November 2024 was $448,750, while the average time on the real estate market was 146 days.

From Rocket Homes Real Estate and based on county public records data.

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