2 Bed Waterfront Home for Sale in Cascades
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For SaleMLS# 2026014877

$385,900

2 Bed Waterfront Home for Sale in Cascades

15359 Yellow Wood Drive, Alva, FL, 33920

2 beds2 baths2,012 sqft2 garage
GatedClubhouseCommunity Pool55+Waterfront

About this home

Price Improvement! Welcome to Cascades at River Hall! A vibrant and active gated 55+ community! This beautifully well kept home offers over 2,000 sq ft of living area. This home is located on a lake front over sized lot. As you enter, you step inside a cozy screened front porch, perfect for your morning coffee. Inside this home you will find 2 large bedrooms plus a den with a murphy bed! The primary suite is light and bright with 2 large closets. The primary bath consists of a large soaking tub, separate shower and dual vanities. The guest bath is well appointed with tub and shower. The open great room is great for entertainment with two sets of sliding glass doors leading to the oversized screened lanai. The kitchen offers plenty of workspace, with tons of cabinet space and breakfast bar and breafast nook. There is inside laundry with laundry sink. The double garage offers addtional storage. The amenities include clubhouse, community pool and lawn maintenance. Don't miss your opportunity to see this beautiful home!

Property details

Type
SingleFamilyResidence
Year built
2007
Interior
2,012 sqft
Lot size
14,592.6 sqft
Acreage
0.34 acres
Garage
2 car
Days on market
86
Total association fees
$4,308/yr (~$359/mo)
CDD
None
Est. taxes (1.4%)
$5,403/yr
Flood zone (area est.)
Not available
Storm protection
Shutters
Exposure
West
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
Lee

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.

Maintenance included in the fee

LegalAccountingMaintenanceGroundsReserveFundRoadMaintenance

What the association dues cover, per the MLS. Confirm the full schedule with the HOA.

Amenities

ClubhousePoolManagement
Above marketThis home is priced above comparable recent sales.
This home
$192/sqft
Comp median
$163/sqft
Difference
+18%

Based on the $/sqft of 3 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.

AddressSoldSold priceBeds/BathsSq ft$/sqft
15295 Yellow Wood DriveMar 2026$350,0002/22,149$163
3149 Apple Blossom DriveJan 2026$339,0002/21,816$187
3094 Apple Blossom DriveFeb 2026$339,9003/22,090$163
Average3 comps$342,967$171

Market trends, Alva

Median list
$425,895
Median $/sqft
$215
Median sold (90d)
$375,000
Avg days on market
87
Active listings
157
Median sold price · Alva
$375,000last 3 months5.1% vs $395,000 prior 3 months
Median closed price by month · Alva
4.3% MoM0.2% YoY
$320k$398k$475kJul ’25Aug ’26
$375,000Aug ’26 · 23 sales

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 $39,100 (9.2%) from the original list price.

Jun 23, 2026Price reducedfrom $399,900$385,900
Mar 29, 2026Listed$425,000

The good, the trade-offs & the location

Pros
  • Built 2007 — post-2002 Florida wind codes (typically lower insurance)
  • Waterfront
  • Storm protection: Shutters
  • 2-car garage
Consider
  • 55+ age-restricted community
Location convenienceModerate
Hospital
6.9 mi
Lehigh Regional Medical Center
Beach
22.7 mi
Fort Myers Beach
Airport
11.4 mi
RSW Intl (Fort Myers)
Shopping
12.2 mi
Edison Mall (Fort Myers)

Straight-line distances to major SWFL amenities, approximate; actual drive times vary.

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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.