$10,000 Closing Credit¹
#225041092, Cindi Infiesto, Listing Office: EXIT Select Realty
$1,075,000 List price
18050 Otter Water Way Alva, FL 33920
$10,000
Closing credit¹
3 beds
2 full
2,088 sqft
1.2 acres
$515 / sqft
House
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
Home typeSingle Family Residence
HeatingCentral, Electric
StatusActive
CoolingCentral Air
Size2,088 sqft
Lot size1.16 Acres
Year built1986
MLS #A4636109
Attached garage2 spaces
WaterfrontRiver Front
Private poolYes
Virtual tour
Summary
- Full Bathrooms: 2
- Appliances: Dishwasher, Disposal, Dryer, Freezer, Microwave, Other, Range, Refrigerator, Trash Compactor, Washer, Water Filtration System
- Flooring Type: Tile, Wood
- Interior: Built-in Features, Cathedral Ceiling(s), Other, Walk-In Closet(s), Window Treatments
- Total Bedroom Count: 3
- Garage Space: 2 spaces
- Attached Garage: Yes
- Private Pool: Yes
- Waterfront: River Front
- Exterior: Other
- Heating: Central, Electric
- Cooling: Central Air
- List Price: $1,075,000
- Price/SqFt: $514
- Annual Tax Amount: $4,317
- Tax Year: 2023
- Directions: Take Exit 141 for FL-80 East/Palm Beach Blvd. Continue east for about 10 miles, then turn left onto Broadway Street. Cross the Caloosahatchee River via the Broadway Bridge and turn right onto North River Road (FL-78 East). After half a mile, turn left onto Otter Water Way; the property will be on your right.
- Year Built: 1986
- Stories: 1
- Living Area: 2,088 SqFt
- Lot Size: 1.16 Acres
- MLS Number: A4636109
- MLS Name: MFRMLS
- Office Name: RE/MAX GULF COAST LIVING
- Listing Agent: Lawrence Ronco
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/8/2025, 11:49:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,075,000
18050 Otter Water Way
$10,000
closing credit¹
Sell your home with Rocket and save even more!
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. The majority of Alva, FL residents have income less than $<35k annually. Typical family type is married, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
54%
<35k
22%
35k-100k
20%
100k-200k
4%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
28%
Single, No Kids
5%
Single, with Kids
45%
Married, No Kids
22%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
9%
<11 yrs old
8%
12-17 yrs old
13%
18-34 yrs old
48%
35-64 yrs old
22%
65+ yrs old
What do the neighbors do for fun?
Hunting
NASCAR
Figure Skating
Where do the neighbors shop?
Dillards
Dick's Sporting Goods
Bass Pro Shops
Where do the neighbors go to eat?
Cracker Barrel
Texas Roadhouse
Hardee's
What do the neighbors drive?
Cadillac
Subaru
GMC
What do the neighbors listen to?
News/Talk/Information
New Country
Classic Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 18050 Otter Water Way
The listing price of 18050 Otter Water Way property is $1,075,000.
The property 18050 Otter Water Way is a house located in Alva, Florida, 33920.
Active Listing: 18050 Otter Water Way is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 18050 Otter Water Way are: River Hall Elementary School (GreatSchools Rating 4/10), Harns Marsh Elementary School (GreatSchools Rating 3/10), Manatee Elementary School (GreatSchools Rating 4/10), Babcock Neighborhood School (GreatSchools Rating 6/10), The Alva School (GreatSchools Rating 6/10), Harns Marsh Middle School (GreatSchools Rating 4/10), Riverdale High School (GreatSchools Rating 4/10), Lehigh Senior High School (GreatSchools Rating 3/10), Gateway High School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2023 is $4,317 (source: MLS/based on county public records data).
The last sale was on February 20, 1997 for $275,000 (source: MLS/tax record).
The property at 18050 Otter Water Way has 3 bedrooms and 2 bathrooms.
The property 18050 Otter Water Way is 2,088 SqFt (source: MLS/tax record).
The year of construction for 18050 Otter Water Way is 1986.
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 $1,075,000.
While more than 2 listings in Alva, FL in April 2025 were sold above asking price, there were more than 2 listings sold at asking price, and more than 16 were sold below. The number of homes for sale in Alva, FL increased by 2% between March and April 2025. In April 2025, listings were on the market for 113 days. During the same period, the median list price in this real estate market was $440,000.
From Rocket Homes Real Estate and based on county public records data.