$3,850,000
6 Bed Pool Home for Sale in Alva
18090 N Olga Drive, Alva, FL, 33920
About this home
A rare Waterfront estate offering privacy, scale, and true deep-water boating. This property is truly special! As you approach the home, an expansive grand driveway entrance leads to a private estate located at the end of a quiet street. Situated on a premier corner lot just outside the city, this property offers pure peacefulness and a true Old Florida lifestyle rarely found in today’s market. The estate spans approximately 1.5+ deeded acres (2.5+ usable) with an impressive 750+ feet of river frontage, delivering breathtaking 180-degree river views and a sense of seclusion throughout. Mature oak trees, lush landscaping, a newer boat dock with two lifts, and direct Gulf Yacht access complete this exceptional waterfront setting. Outdoor living is centered around a resort-style pool with a center spa and sun shelf, paired with a fully equipped professional outdoor kitchen, ideal for relaxing or entertaining along the river. Recessed exterior lighting surrounds the home, creating a refined evening ambiance. Inside, the home offers over 6,000 square feet of well-designed living space with 6+ bedrooms. A soaring grand entry immediately draws your eye to the water, with expansive river views, abundant natural light, and high ceilings throughout. Natural oak flooring runs throughout the home and is complemented by custom baseboards.The open floor plan flows into the chef’s kitchen featuring a large island, Wolf appliances, Sub-Zero refrigerator/freezer, wine cooler, butler’s pantry, granite countertops, and floor-to-ceiling custom cabinetry. Zero-corner impact sliders seamlessly connect the interior to the outdoor living areas, making this home ideal for entertaining. The primary suite features a spacious custom closet and a stunning master bathroom with a walk-in shower, stand-alone soaking tub, and dual vanities. Additional features include a whole-home reverse osmosis system, flood barrier system for peace of mind, oversized garages large enough to park a large boat, RV and or your car collection, and extra large storage space in a dedicated room above the garage. This waterfront location offers large yacht boating access, east or west. Be on the east coast in hours via the lock system out to the Atlantic Ocean or head to the Keys out the river and to the Gulf waters. A truly special riverfront property offering privacy, quality, and unmatched boating access in Lee County.
Property details
- Type
- SingleFamilyResidence
- Year built
- 1993
- Interior
- 6,294 sqft
- Lot size
- 67,082.4 sqft
- Acreage
- 1.54 acres
- Garage
- 6 car
- Days on market
- 230
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $53,900/yr
- Flood zone (area est.)
- Not available
- Storm protection
- Impact Windows/Doors
- Exposure
- East
- 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
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 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.
Price & status history
Down $400,000 (9.4%) from the original list price.
| May 15, 2026 | Price reducedfrom $3,995,000 | $3,850,000 |
| Dec 26, 2025 | Listed | $4,250,000 |
The good, the trade-offs & the location
- Private pool
- Gulf access (Direct — no bridges)
- Storm protection: Impact Windows/Doors
- 6-car garage
- Built 1993 — 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.
Similar homes nearby
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.