3 Bed Waterfront Home for Sale in Alva
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For SaleMLS# 2026037004

$489,999

3 Bed Waterfront Home for Sale in Alva

18111 Riverchase Court, Alva, FL, 33920

3 beds2 baths1,875 sqft2 garage
GatedWaterfront

About this home

Discover refined country living in Riverwind Cove, a peaceful Caloosahatchee riverfront community in Alva. Situated on an oversized 0.69-acre corner lot, this distinctive 2016-built home offers 3 bedrooms plus a private den/office, 2 bathrooms and nearly 1,900 square feet of thoughtfully designed living space. The centerpiece of the home is the impressive living room, where soaring ceilings rise into a dramatic cupola-inspired architectural feature. The bright, open layout flows into a well-appointed kitchen featuring white cabinetry, stone countertops, stainless-steel appliances, a double oven and farmhouse-style sink. Designed for Florida indoor-outdoor living, the expansive screened wraparound porch features brick pavers, recessed lighting and generous space for relaxing or entertaining. It connects to a screened rear lanai overlooking a small creek along the back of the property, with peaceful natural scenery and distant views of the Caloosahatchee River. The private primary suite includes two walk-in closets and a spacious bathroom with dual vanities, a garden soaking tub and an oversized travertine walk-in shower with a rainfall showerhead. Two comfortably sized guest bedrooms, a full guest bathroom and a front den with double doors provide flexible space for working from home or accommodating visitors. Additional highlights include a metal roof, impact-resistant windows and doors, a distinctive stucco exterior finished to resemble Hardie board siding, 8-foot interior doors, upgraded farmhouse-inspired lighting, a whole-home fire-suppression sprinkler system, a hard-wired security-camera system, front-loading washer and dryer, private well with water treatment system, irrigation system, an oversized extra-deep two-car garage and more. Riverwind Cove is a deed-restricted community offering estate-sized homesites, underground utilities, fiber internet service and a unique equestrian area with stables and pasture. Nearby Caloosahatchee Regional Park features more than 18 miles of hiking, mountain-biking and equestrian trails, while W.P. Franklin Recreation Area provides public boating, fishing and river access.

Property details

Type
SingleFamilyResidence
Year built
2016
Interior
1,875 sqft
Lot size
30,274.2 sqft
Acreage
0.69 acres
Garage
2 car
Days on market
0
Total association fees
$1,061/yr (~$88/mo)
CDD
None
Est. taxes (1.4%)
$6,860/yr
Flood zone (area est.)
Not available
Storm protection
Impact Windows/Doors
Exposure
South
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
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

InternetLegalAccountingReserveFundRoadMaintenanceStreetLights

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

Amenities

Management
Above marketThis home is priced above comparable recent sales.
This home
$261/sqft
Comp median
$229/sqft
Difference
+14%

Based on the $/sqft of 6 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.

AddressSoldSold priceBeds/BathsSq ft$/sqft
2232 Randolph DriveJul 2026$457,5004/21,879$243
16562 Windsor WayOct 2025$450,0002/22,027$222
14903 Wise WayNov 2025$565,0003/21,798$314
14807 Riverview CourtNov 2025$405,0003/21,752$231
3002 Walnut Grove LaneJun 2026$418,0003/31,852$226
3116 Weston Manor DriveMar 2026$455,0004/32,032$224
Average6 comps$458,417$243

Market trends, Alva

Median list
$429,900
Median $/sqft
$216
Median sold (90d)
$370,000
Avg days on market
87
Active listings
159
Median sold price · Alva
$372,500last 3 months6.9% vs $400,000 prior 3 months
Median closed price by month · Alva
3.6% MoM0.9% YoY
$320k$398k$475kJul ’25Aug ’26
$372,500Aug ’26 · 24 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.

The good, the trade-offs & the location

Pros
  • Built 2016 — post-2002 Florida wind codes (typically lower insurance)
  • Waterfront
  • Storm protection: Impact Windows/Doors
  • 2-car garage
Location convenienceModerate
Hospital
8.1 mi
Lehigh Regional Medical Center
Beach
24.9 mi
Fort Myers Beach
Airport
13.7 mi
RSW Intl (Fort Myers)
Shopping
14.2 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.