$1,150,000

18050 Otter Water Way Alva, FL 33920

$10,000
Closing credit¹
3 beds
2 full
2,088 sqft
1.2 acres
$551 / 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

  • MLS Number: A4636109
  • MLS Name: MFRMLS
  • Office Name: RE/MAX GULF COAST LIVING
  • Listing Agent: Lawrence Ronco

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

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IDX 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: 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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drone / aerial view with a water view

$1,150,000

18050 Otter Water Way

$10,000

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Feb 20, 1997
Home Sold
$275,000

Tax history

YearAssessmentProperty 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.

All data from GreatSchools

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.

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?

  • HuntingHunting
  • NASCARNASCAR
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • DillardsDillards
  • Dick's Sporting GoodsDick's Sporting Goods
  • Bass Pro ShopsBass Pro Shops

Where do the neighbors go to eat?

  • Cracker BarrelCracker Barrel
  • Texas RoadhouseTexas Roadhouse
  • Hardee'sHardee's

What do the neighbors drive?

  • CadillacCadillac
  • SubaruSubaru
  • GMCGMC

What do the neighbors listen to?

  • News/Talk/InformationNews/Talk/Information
  • New CountryNew Country
  • Classic CountryClassic Country
All data provided by Home Junction and Claritas

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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.

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

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