$387,700
3 Bed Waterfront Home for Sale in Cascades
15289 Yellow Wood Drive, Alva, FL, 33920
About this home
What’s Special: Modern island with Quartz countertops, Private Lake View, Hurricane Windows Exceptionally quiet interior, Spacious Bathrooms/showers, South facing lanai, Screened front porch and so much more! Experience relaxed Florida living with tranquil lake views in this beautifully maintained 3-bedroom home, located in the highly desirable 55+ community of Cascades at River Hall. Quality built by Levitt & Sons, this light-filled residence features vaulted ceilings, and an open-concept design. It is exceptionally quiet inside thanks to Hurricane impact windows and doors. Situated outside of a flood zone and has no history of flooding. Thoughtful energy-efficient upgrades provide both comfort and cost savings, including added attic insulation, added active bedroom air return ducts, foam insulation within exterior block walls, tinted impact windows, and a high-efficiency Lennox heat pump (installed November 30, 2023; 15.8 SEER2) with a quiet variable-speed blower and transferable 10-year parts warranty. New roof in 2018 has a 30 year underlayment warranty, upgraded to high temp Polystiick/peal and Stick. No nails or screws. Manufacturer guarantee is 40 years. The updated kitchen (2016) showcases quartz countertops, a stylish tile backsplash, stainless double sink, center island with electrical outlets, reverse osmosis water faucet, and modern fixtures. Laminate flooring with added cushioning runs throughout the main living areas, creating a cohesive and comfortable feel. The guest bathroom features a walk-in shower (tub removed) and a newly updated toilet (2025). In the primary suite, the bathroom includes a raised shower floor, a handheld and rain showerhead, and a heat lamp for added comfort, along with a garden tub. More additional highlights; the home is built with metal studs which provide termite resistance and no moisture swelling, mailbox is on property, garage has epoxy flooring, a whole-house water filtration and softener system, front entry is screened for excellent cross ventilation, and an extended south-facing screened lanai with high-density shade screening—ideal for enjoying peaceful lake and landscaped views year-round. Residents enjoy resort-style amenities, including a clubhouse, pool and spa, fitness center, aerobic room, tennis, pickleball, bocce, yoga, kitchen and a vibrant social calendar. Low HOA fees conveniently cover lawn care, TV and internet. The community is ideally located near shopping, dining, and the beautiful Gulf Coast beaches.
Property details
- Type
- SingleFamilyResidence
- Year built
- 2006
- Interior
- 2,124 sqft
- Lot size
- 7,056.72 sqft
- Acreage
- 0.16 acres
- Garage
- 2 car
- Days on market
- 0
- Total association fees
- $4,308/yr (~$359/mo)
- CDD
- None
- Est. taxes (1.4%)
- $5,428/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
- 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
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 |
|---|---|---|---|---|---|
| 15295 Yellow Wood Drive | Mar 2026 | $350,000 | 2/2 | 2,149 | $163 |
| 3296 Hampton Boulevard | Sep 2026 | $334,000 | 3/2 | 2,143 | $156 |
| 15655 Angelica Drive | Apr 2026 | $338,500 | 4/2 | 2,193 | $154 |
| Average | 3 comps | $340,833 | $158 |
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
- Built 2006 — post-2002 Florida wind codes (typically lower insurance)
- Waterfront
- Storm protection: Impact Windows/Doors
- 2-car garage
- 55+ age-restricted community
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.