#225025272, Donalyn Moon, Listing Office: RE/MAX Gulf Coast Living
18050 Otter Water Way Alva, FL 33920
Property details
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!
Highlights
Virtual tour
Summary
- MLS Number: A4636109
- MLS Name: MFRMLS
- Office Name: RE/MAX GULF COAST LIVING
- Listing Agent: Lawrence Ronco
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Last updated on: 3/14/2025, 12:20:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,150,000
18050 Otter Water Way
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Feb 20, 1997 | Home Sold | $275,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $310,937 | $4,317 |
2022 | $301,881 | $4,409 |
2021 | $430,139 | $4,409 |
2020 | $263,057 | $4,348 |
2019 | $257,143 | $3,692 |
2018 | $252,348 | $3,683 |
2017 | $247,158 | $3,678 |
History based on county public records data.
Nearby schools
4
River Hall Elementary School
Public District KG-5
1.5 mi
•2800 River Hall Pkwy
3
Harns Marsh Elementary School
Public District KG-5
6.2 mi
•1800 Unice Ave N
4
Manatee Elementary School
Public District KG-5
6.4 mi
•5301 Tice St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $30,000. Most Alva, FL residents have annual incomes less than $<35k. The most common type of family is married, no kids. The majority of residents in this area have high school diploma education.
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Frequently asked questions
About 18050 Otter Water Way
This home is located at 18050 Otter Water Way in Alva, FL and zip code 33920. This 2,088 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 January 20, 2025 and is currently priced at $1,150,000.
Over 3 listings were sold over their listed price in February 2025 in Alva, FL. In the same period over 13 listings were sold below the listed price and 3 listings were sold for the listed price. Between January and February 2025, Alva, FL real estate market has seen increase in the number of listings by 9.3%. The median list price of listings available in February 2025 was $445,000, while the average time on the real estate market was 64 days.