6 Bed 4 Bath Waterfront SingleFamilyResidence for Sale in WHEELERS SUBD, FL
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For SaleMLS# 2026032088

$1,495,000

6 Bed 4 Bath Waterfront SingleFamilyResidence for Sale in WHEELERS SUBD, FL

19481/483 S River Road, Alva, FL, 33920

6 beds4 baths3,017 sqft
GatedBoatingWaterfront

About this home

Set on nearly 6 private acres along the south side of the Caloosahatchee River, just east of the Franklin Locks, this extraordinary waterfront estate offers a combination of acreage, deep-water access, and privacy that is rarely available in Southwest Florida. With 170 feet of direct river frontage, protected deep water yacht dockage, and breathtaking views stretching across the water, this is a property designed for those who appreciate both luxury and lifestyle. The fully renovated main residence features 3 bedrooms, 2 bathrooms, and approximately 1,742 square feet of thoughtfully updated living space. Cathedral ceilings with exposed wood beams create a warm, inviting atmosphere, while impact-resistant windows frame panoramic river views throughout the home. The modern kitchen is finished with custom cabinetry, quality appliances, and clean contemporary finishes, flowing seamlessly into the main living areas and out to the expansive screened balcony overlooking the river. Positioned at approximately 13 feet of elevation, the home also offers added peace of mind. Privately situated near the front of the property, the fully renovated guest home offers an additional 3 bedrooms, 2 bathrooms, and approximately 1,275 square feet of living space. Currently operating as a successful vacation rental, it presents exceptional flexibility as an income-producing property, private guest quarters, or accommodations for extended family. Boaters will appreciate the custom dock tucked inside a protected canal, complete with water and electric service, accommodations for yachts up to 80 feet, and a private boat ramp providing effortless access to the Caloosahatchee River and beyond. Whether spending the day cruising, fishing, or enjoying spectacular sunsets from your own dock, the waterfront lifestyle is on full display. Beyond the homes, the property offers a horse barn and expansive open acreage, creating endless possibilities for an equestrian lifestyle, recreational use, or future enhancements. Whether envisioned as a private family compound, luxury waterfront retreat, or investment opportunity with established rental income, this exceptional estate delivers a level of versatility and exclusivity that is truly difficult to replicate. Properties offering this much land, privacy, and navigable waterfront are exceedingly rare. This is more than a home....it's a legacy estate where boating, entertaining, and peaceful riverfront living come together on one remarkable property

Property details

Type
SingleFamilyResidence
Year built
1956
Interior
3,017 sqft
Lot size
247,638.6 sqft
Acreage
5.68 acres
Garage
None
Days on market
0
Total association fees
None
CDD
None
Est. taxes (1.4%)
$20,930/yr
Flood zone (area est.)
Not available
Storm protection
Impact Windows/Doors
Exposure
North
Waterfront
Yes
Gulf access
Yes
Gulf access type
Direct — no bridges
Pool
No
Spa
No
Natural gas
No
Water
Well
Sewer
Septic Tank
New construction
No
Pets
Yes
County
Lee
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
$426,053
Median $/sqft
$216
Median sold (90d)
$390,000
Avg days on market
88
Active listings
155
Median sold price · Alva
$382,500last 3 months1.9% vs $390,000 prior 3 months
Median closed price by month · Alva
5.1% MoM7.1% YoY
$320k$398k$475kJul ’25Jul ’26
$375,000Jul ’26 · 16 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
  • Gulf access (Direct — no bridges)
  • Storm protection: Impact Windows/Doors
Consider
  • Built 1956 — pre-2002 construction may carry older wind codes and higher insurance
  • No garage listed
Location convenienceModerate
Hospital
6.8 mi
Lehigh Regional Medical Center
Beach
26.5 mi
Fort Myers Beach
Airport
14.4 mi
RSW Intl (Fort Myers)
Shopping
16.4 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.