3 Bed Pool Home for Sale in Valencia Terrace
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For SaleMLS# 2026011317

$2,875,000

3 Bed Pool Home for Sale in Valencia Terrace

2878 Valencia Way, Fort Myers, FL, 33901

3 beds2.5 baths2,970 sqft3 garage
GatedWaterfront

About this home

This exceptional 3 Bedroom + Den, 2.5 Bath riverfront residence offers direct Gulf access and sits on an expansive .61-acre estate lot with 116 feet of pristine Caloosahatchee River frontage. A masterful renovation of a classic 1926 Mediterranean home, the property reflects nearly a century of architectural pedigree—originally redesigned by Dan Sater, reconfigured and rebuilt in 1990, updated in 2010, and most recently transformed in 2023 with a sophisticated, modern aesthetic. Additional structural and mechanical enhancements include a whole-house repipe and new roof in 2022, as well as a new A/C system, appliances and hot water heater in 2023. A gated entry introduces the property with a grand sense of arrival, opening to a motor court and a detached three-car garage with the potential for a future guest house. Inside, the home blends timeless character with elevated luxury, featuring sun-drenched living spaces that capture sweeping river views. The first floor showcases elegant Travertine marble flooring, a wood-burning fireplace and a fully reimagined kitchen designed for both beauty and functionality. The entire second level is devoted to a magnificent primary suite, offering exceptional privacy and a serene retreat. The primary bath features a large walk-in shower, jetted tub and dual European-style vanities. A private balcony overlooks the pool, expansive rear lawn and the wide river beyond, creating a front-row seat to breathtaking panoramic vistas and unforgettable sunsets. Perfectly positioned in the highly desirable Valencia Terrace neighborhood, along the McGregor Corridor and just one mile from Downtown Fort Myers, this residence offers the freedom of no HOA or restrictions. With unmatched privacy, historic charm, and true waterfront living, the property stands as a rare offering. The adjacent lot is also listed for sale, presenting an extraordinary opportunity to expand or create a multi-parcel riverfront estate.

Property details

Type
SingleFamilyResidence
Year built
1926
Interior
2,970 sqft
Lot size
25,090.56 sqft
Acreage
0.58 acres
Garage
3 car
Days on market
44
Total association fees
None
CDD
None
Est. taxes (1.4%)
$40,250/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
Impact Windows/Doors
Exposure
West
Waterfront
Yes
Gulf access
No
Gulf access type
N/A
Pool
Yes
Spa
No
Natural gas
No
Water
Public
Sewer
Public Sewer
New construction
No
Pets
Yes
County
Lee

Flood risk shown is an area-level estimate and can differ from a specific unit's actual FEMA designation (which varies by structure and elevation). Look up this address on the FEMA Flood Map and verify with a licensed insurance agent before relying on it.

Not yet ratedNot enough comparable sales nearby to rate this home's price yet.

We rate a home against recently SOLD homes within ~1 mile that match on size, beds/baths, and age. This home doesn't have enough close comparables in the last 12 months for a reliable read, ask Rick for a personalized CMA.

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Market trends, Valencia Terrace

Median list
$874,990
Median $/sqft
$311
Median sold (90d)
$360,000
Avg days on market
90
Active listings
7
Median sold price · Valencia Terrace
$360,000last 3 monthsnot enough sold data to compare

Live community medians from the MLS · see all listings. Indicative, not an appraisal.

The good, the trade-offs & the location

Pros
  • Lower flood risk (zone X)
  • Private pool
  • Waterfront
  • Storm protection: Impact Windows/Doors
  • 3-car garage
Consider
  • Built 1926 — pre-2002 construction may carry older wind codes and higher insurance
Location convenienceHigh
Hospital
3.6 mi
Cape Coral Hospital
Beach
12.5 mi
Fort Myers Beach
Airport
3 mi
Page Field (Fort Myers)
Shopping
1.9 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.