$365,000
2 Bed Waterfront Home for Sale in Terrawalk
12421 Dolomite Way, Alva, FL, 33920
About this home
Call TerraWalk home! This 2 bed + den, 2 bath and 2 car garage Ellenwood villa home sits on a beautiful water view lot and features a stylish kitchen backsplash, stainless steel appliances, white cabinets with quartz countertops, tile flooring throughout, an extended covered lanai, cabinets at laundry and so much more! TerraWalk features private neighborhood amenities including internal walking trails throughout the community, a pool with spa, fire pit lounge, pickleball courts, tennis courts, bocce ball courts, event lawn, dog park, clubhouse fitness center, exercise studio, locker rooms, card rooms, large community room, catering kitchen, indoor/outdoor social lounge, plus an outdoor bar and grill. TerraWalk is a gated community of new construction homes with a luxury 8 acre amenity campus located in Babcock Ranch. Residents will enjoy expansive green space, abundant amenities, and utility-scale solar generation.
Property details
- Type
- Attached
- Year built
- 2024
- Interior
- 1,579 sqft
- Lot size
- 4,791.6 sqft
- Acreage
- 0.11 acres
- Garage
- 2 car
- Days on market
- 199
- Total association fees
- $5,300/yr (~$442/mo)
- CDD
- None
- Est. taxes (1.4%)
- $5,110/yr
- Flood zone (area est.)
- Not available
- Storm protection
- Impact Windows/Doors
- Exposure
- North
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Public
- Sewer
- Public Sewer
- New construction
- Yes
- Pets
- Yes
- 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
What the association dues cover, per the MLS. Confirm the full schedule with the HOA.
Amenities
Based on the $/sqft of 3 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.
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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 |
|---|---|---|---|---|---|
| 12417 Dolomite Way | Oct 2025 | $387,135 | 2/2 | 1,579 | $245 |
| 12409 Dolomite Way | Dec 2025 | $367,745 | 2/2 | 1,579 | $233 |
| 12449 Dolomite Way | Aug 2025 | $391,760 | 2/2 | 1,579 | $248 |
| Average | 3 comps | $382,213 | $242 |
Market trends, Alva
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 $64,000 (14.9%) from the original list price.
| Nov 20, 2025 | Sold | $365,000 |
| Oct 7, 2025 | Price reducedfrom $399,990 | $365,000 |
| Apr 4, 2025 | Listed | $429,000 |
The good, the trade-offs & the location
- Built 2024 — post-2002 Florida wind codes (typically lower insurance)
- New construction
- Waterfront
- Storm protection: Impact Windows/Doors
- 2-car garage
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.