$895,900
3 Bed Waterfront Home for Sale in Alva
18220 Riverchase Court, Alva, FL, 33920
About this home
Welcome to the exquisite community of estate homes situated along the Caloosahatchee River in Alva. This waterfront and equestrian neighborhood offers a unique living experience. The property features 3 bedrooms plus a den, 2 full bathrooms, a woodburning fireplace, attached 2-car garage, open floor plan, and high ceilings that allow natural light to flow throughout the home. The house has been upgraded with new kitchen cabinets, granite countertops, new lighting, and new flooring in all bedrooms and the den. Additionally, new insulation (Cellulose R-30 grade blown) has been installed. A detached 23x50 shop garage includes a 12x14 impact and insulated automatic doors, with a car lift recently added, making it perfect for car enthusiasts or those in need of a workspace or extra storage. Adjacent to the garage is a brand-new composite deck, providing ample parking space on concrete at the back or side of the garage. The property sits on .94 acres of beautifully landscaped land, offering breathtaking lake views and a serene environment for entertaining. There is plenty of space for a pool and more. The home boasts a metal roof, metal trusses, newer air conditioning and duct work, a whole-house osmosis system, all new stainless-steel appliances, an ADT alarm system, newer impact windows and doors, new window treatments, exterior lighting, and keypads for both the detached and attached garages. Riverwind Cove is renowned for its well-maintained homes and spacious estate lots. Residents can enjoy the peaceful lifestyle of Alva while being just a short drive from Babcock Ranch and I-75, providing easy access to shopping, dining, and all that Southwest Florida has to offer. This community offers the best of both worlds - elegant rural living with modern conveniences. Outdoor enthusiasts can explore the 1,175-acre Alva Scrub Preserve, featuring hiking, equestrian, and bicycle trails managed by the Lee County Conservation 20/20 program. Access to the Caloosahatchee River and nearby public boat ramps make it an ideal location for boating and fishing enthusiasts. To truly appreciate this exceptional ownership opportunity, please view the Virtual Tour link and extensive photo collection.
Property details
- Type
- SingleFamilyResidence
- Year built
- 1999
- Interior
- 2,104 sqft
- Lot size
- 40,685.04 sqft
- Acreage
- 0.93 acres
- Garage
- 6 car
- Days on market
- 0
- Total association fees
- $1,166/yr (~$97/mo)
- CDD
- None
- Est. taxes (1.4%)
- $12,543/yr
- Flood zone (area est.)
- Not available
- Storm protection
- Impact Windows/Doors
- Exposure
- East
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Well
- Sewer
- Septic Tank
- 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
What the association dues cover, per the MLS. Confirm the full schedule with the HOA.
Amenities
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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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 |
|---|---|---|---|---|---|
| 18670 Telegraph Creek Lane | Apr 2026 | $697,000 | 3/2 | 1,997 | $349 |
| 2870 Hickey Creek Road | Feb 2026 | $675,000 | 3/2 | 2,235 | $302 |
| Average | 2 comps | $686,000 | $326 |
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.
The good, the trade-offs & the location
- Waterfront
- Storm protection: Impact Windows/Doors
- 6-car garage
- Built 1999 — pre-2002 construction may carry older wind codes and higher insurance
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.