$224,900
2 Bed Waterfront Home for Sale in Riverwood, FL, $224,900
38 Island Lake Lane, Naples, FL, 34114
About this home
Discover affordable Florida living in Riverwood Estates, a sought-after 55+ community where you own the land and enjoy an exceptionally low HOA fee of just $225 annually. This home conveys with the option to join the coveted Crosscreek community pool for only $250 per year. Residents also enjoy access to a community boat dock and ramp with Gulf of Mexico access, perfect for boating enthusiasts. Nestled on a quiet cul-de-sac, the home features a peaceful lake view from the Florida room, offering endless potential to create a stunning indoor-outdoor retreat. Conveniently located between downtown Naples and Marco Island, you’ll enjoy easy access to dining, shopping, and beautiful beaches. Additional highlights include central water and sewer, a pet-friendly community, and the home being furnished and move-in ready—start enjoying the Florida lifestyle right away!
Property details
- Type
- ManufacturedHome
- Year built
- 1983
- Interior
- 1,152 sqft
- Lot size
- 5,662.8 sqft
- Acreage
- 0.13 acres
- Garage
- None
- Days on market
- 10
- Total association fees
- $225/yr (~$19/mo)
- CDD
- None
- Est. taxes (1.4%)
- $3,149/yr
- Flood zone (area est.)
- Not available
- Storm protection
- None listed
- Exposure
- South
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Public
- Sewer
- Public Sewer
- New construction
- No
- Pets
- Call, Conditional
- County
- Collier
Total association fees sums the core association dues the MLS feed provides (HOA, condo/master association, and land lease), normalized to a yearly figure. These are separate from and additional to specialty charges — mandatory club or food-and-beverage minimums, special assessments, and rec-lease fees — which the IDX feed does not carry. Always confirm the full fee schedule with the HOA or listing agent.
Amenities
Based on the $/sqft of 7 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.
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Your notes on this home
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Recently sold nearby
Closed comparable sales within ~1 mile in the last 12 months — similar price, size, beds/baths, and age.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 216 Rookery Road | Feb 2026 | $220,000 | 2/2 | 1,200 | $183 |
| 10 Lake Diane Dr | Feb 2026 | $170,000 | 2/2 | 1,128 | $151 |
| 897 Manatee Road | Aug 2025 | $190,000 | 2/2 | 1,040 | $183 |
| 234 Riverwood Road | Apr 2026 | $262,500 | 2/2 | 1,304 | $201 |
| 1004 Manatee Road H201 | Sep 2025 | $200,000 | 2/2 | 1,000 | $200 |
| 113 Willow Lane 21 | Oct 2025 | $237,000 | 3/3 | 1,296 | $183 |
| Average | 6 comps | $213,250 | $184 |
Market trends — Naples
Median of closed MLS sales each month over the available window. Months with too few sales are omitted; the range extends automatically as more sales close.
Live area medians from the MLS · see all listings. Indicative, not an appraisal.
Price & status history
Down $29,900 (13.3%) from the original list price.
| Feb 10, 2026 | Sold | $195,000 |
| Jan 20, 2026 | Listed | $224,900 |
The good, the trade-offs & the location
- Waterfront
- Built 1983 — pre-2002 construction may carry older wind codes and higher insurance
- No garage listed
- 55+ age-restricted community
Straight-line distances to major SWFL amenities — approximate; actual drive times vary.
Nearby schools
Get more information on their programs, scores, and extracurriculars on each school's page · browse the full schools directory.
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Listing information is provided in part by the Florida Gulf Coast Multiple Listing Service (MLS) through its Broker Reciprocity / Internet Data Exchange (IDX) program. Properties displayed may be listed by brokerages other than SWFL Relocation Team. Data is deemed reliable but is not guaranteed accurate by the MLS or this brokerage and should be independently verified. Fees, flood zones, taxes, square footage, and school assignments are estimates from the feed and must be confirmed. © 2026 SWFL Relocation Team. All rights reserved.