5 Bed Pool Home for Sale in Alva
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For SaleMLS# 226020201

$4,500,000

5 Bed Pool Home for Sale in Alva

1964 Rialto Way, Alva, FL, 33920

5 beds5.5 baths4,406 sqft3 garage
GatedBeach AccessFitness CenterBoatingWaterfront

About this home

RARE OPPORTUNITY FOR THE DISCERNING BUYER - SENSATIONAL CALOOSAHATCHEE RIVERFRONT "GATED" ESTATE! BOATERS-RV'ERS-CAR COLLECTORS THIS IS A MUST SEE! $1,000,000+ RIVER VIEWS, NEWER BUILT MASTER RESIDENCE (2003) WITH THREE (3) ADDITIONAL BUILDINGS INCLUDING A 1300 SQUARE FOOT GUESTHOUSE. THIS 5 BEDROOM, 5-1/2 BATH, POOL-SPA AND 14+ CAR COLLECTOR GARAGES HAS OVER $600,000 IN BUILDER/OWNER UPGRADES AND ADDITIONS. Walk in to 20" soaring volume ceilings in entry area, all finished with CROWN MOLDING ACCENT, all bedrooms have 10' volume ceilings. All tile floors throughout the entire first floor and all wood flooring on the second level halls and bedrooms. "CHEFS" Kitchen with custom finished mahogany wood cabinets, level 5 granite tops, all GE Monogram stainless steel appliances and Gas cooktop. Master bedroom is huge with fantastic RIVER VIEWS (nearly 500 feet of river frontage), his & hers separate walk-in closets, dual granite vanities and sinks, roman soaking tub and huge all tile and glass walk-in & thru shower. BEAUTIFUL POOL AREA WITH ZERO-EDGE CUSTOM POOL WITH COMPLETE "SUMMER KITCHEN" FOR THOSE FAMILY AND FRIENDS OUTDOOR ENTERTAINING. These grounds are all landscaped with dozens of OLD OAK TREES, SOME UP TO 300 YEARS OLD! FOR CAR COLLECTORS, BRING YOUR BEST THERE IS PLENTY OF ROOM IN HIS AIR CONDITIONED CAR COLLECTOR FITTED GARAGE UP TO 14 CAR CAPACITY. FOR BOATERS, WELL YOU GOT THE RIVER IN YOUR BACK YARD FOR FISHING AND THE GULF AND OPEN WATER IS A SHORT JOURNEY WEST AND IF YOU ARE ALL OF THIS AND ADDITIONALLY AN RV'ER, LOTS OF ROOM FOR STORAGE. Home comes with "ONE YEAR HOME WARRANTY" for total buyer comfort. IF YOU’RE LOOKING FOR A ONE-OF-KIND FAMILY ESTATE AND COMPOUND, LOOK NO FURTHER!

Property details

Type
SingleFamilyResidence
Year built
2004
Interior
4,406 sqft
Lot size
232,174.8 sqft
Acreage
5.33 acres
Garage
3 car
Days on market
0
Total association fees
None
CDD
None
Est. taxes (1.4%)
$63,000/yr
Flood zone (area est.)
Not available
Storm protection
None listed
Exposure
North
Waterfront
Yes
Gulf access
Yes
Gulf access type
Direct — no bridges
Pool
Yes
Spa
Yes
Natural gas
Yes
Water
Well
Sewer
Septic Tank
New construction
No
Pets
Yes
County
Lee

Maintenance included in the fee

LaundryMaintenanceGroundsPestControl

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

Amenities

BeachRightsBilliardRoomBilliardsFitnessCenterGuestSuitesRvBoatStorageStorageSatelliteTv
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, Alva

Median list
$425,895
Median $/sqft
$215
Median sold (90d)
$375,000
Avg days on market
87
Active listings
157
Median sold price · Alva
$375,000last 3 months5.1% vs $395,000 prior 3 months
Median closed price by month · Alva
4.3% MoM0.2% YoY
$320k$398k$475kJul ’25Aug ’26
$375,000Aug ’26 · 23 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 2004 — post-2002 Florida wind codes (typically lower insurance)
  • Private pool
  • Gulf access (Direct — no bridges)
  • 3-car garage
Location convenienceModerate
Hospital
7 mi
Lehigh Regional Medical Center
Beach
25.4 mi
Fort Myers Beach
Airport
13.7 mi
RSW Intl (Fort Myers)
Shopping
15.1 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.