1964 Rialto WAY, Alva, FL, 33920
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!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2004
Materials
- Foundation: Concrete Block
- Roof: Metal
- Construction materials: Block,Frame,Stucco
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Gas Cooktop,Dishwasher,Disposal,Dryer,Grill - Gas,Instant Hot Water,Microwave,Refrigerator/Freezer,Refrigerator/Icemaker,Self Cleaning Oven,Oven,Washer,Water Treatment Owned
- Laundry features: Inside,Laundry Tub
Bedroom
- Features: First Floor Bedroom, Master BR Ground, Master BR Sitting Area, Two Master Suites
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Dining Room
- Features: Breakfast Bar, Dining - Living, Eat-in Kitchen
Features
- Built-In Cabinets,Cathedral Ceiling(s),Closet Cabinets,Custom Mirrors,Fireplace,Foyer,French Doors,Laundry Tub,Multi Phone Lines,Pantry,Smoke Detectors,Wired for Sound,Tray Ceiling(s),Vaulted Ceiling(s),Walk-In Closet(s),Window Coverings,Den - Study,Exercise,Family Room,Guest Bath,Guest Room,Home Office,Laundry in Residence,Loft,Open Porch/Lanai,Workshop
- Door features: French Doors
- Window features: Window Coverings
- Flooring: Carpet,Tile,Wood
- Fireplace: Yes
Heating & Cooling
- Heating features: Central
- Cooling features: Ceiling Fan(s),Central Air
Interior Area
- Total structure area: 5,620
- Total interior livable area: 4,406 sqft
Kitchen
- Features: Built-In Desk, Gas Available, Island, Pantry
Property
Details
- Parcel number: 1943270000014.0000
- Zoning: AG-2
Features
- Levels: Two
- Stories: 2
- Private pool: Yes
- Pool features: In Ground,Concrete,Electric Heat,Infinity,Pool Bath,Self Cleaning
- Patio & porch: Open Porch/Lanai
- Exterior features: Dock,Outdoor Grill,Outdoor Kitchen,Outdoor Shower,Storage,Boat Lift,Captain's Walk,Elec Avail at dock,Water Avail at Dock
- Has spa: Yes
- Spa features: In Ground,Concrete,Heated,Self Cleaning
- Has view: Yes
- View description: Landscaped Area,Pool/Club,River,Water
- Has water view: Yes
- Water view: River,Water
- On waterfront: Yes
- Waterfront features: Fresh Water,Navigable Water,River Front,Seawall
Lot
- Lot size: 5.33 Acres
- Features: Dead End,Irregular Lot,Oversize
Parking
- Total spaces: 3
- Parking features: Circular Driveway,Covered,Driveway,Golf Cart,Guest,Paved,RV-Boat,Under Bldg Closed,Attached
- Has garage: Yes
- Attached garage spaces: 3
- Covered spaces: 3
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Hurricane
- Inland Flooding
- Lightning
- Coastal Flooding
- Drought
- Strong Wind
- Wildfire
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Lee County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $22,754 | $273,048 |
| Home Insurance * | $1,865 | $22,380 |
| Property Taxes | $2,925 | $35,100 |
| Electricity | $443 | $5,320 |
| Total | $27,987 | $335,844 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-19 | Listed for sale | $4,500,000 |
| 2026-03-09 | Listing removed | $5,000,000 |
| 2026-02-23 | Listed for sale | $5,000,000 |
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