14120 Duke HIGHWAY, Alva, FL, 33920 | $2,895,000

Under contract-accepting backup offers. Nestled on nearly 4 acres of pristine riverfront property, this exceptional estate offers an unparalleled lifestyle of elegance, comfort and adventure. Set against the backdrop of sweeping river views, this luxurious home embodies the perfect balance of sophisticated design & outdoor recreation. With 190 feet of prime river frontage, you'll have direct access to the Gulf or Intercoastal & the opportunity to enjoy world-class boating & fishing right from your own backyard. As you enter this magnificent home, you’ll fall in love with the open floorplan, soaring ceilings, and abundance of natural light pouring thru oversized windows & doors that frame the breathtaking views. Italian marble floors flow seamlessly thru out the spacious living area enhancing the home's unique architecture & timeless appeal. This expansive living space blends comfort & functionality, creating a perfect space for casual living & entertainment. Relax in the family room with a cozy fireplace creating a warm & inviting atmosphere. The adjacent kitchen is a chef's dream, w/newer stainless appliances. white cabinetry, island, ample counter space & walk in pantry. The open flow continues into the large living area, ideal for casual gatherings or relaxing evenings. A raised sitting room completes the space, providing a quiet retreat to sit & read. With its thoughtful design, this great room is the true heart of the home, offering a harmonious balance of cozy spaces and open areas for stylish Florida living. Upstairs the spacious master suite awaits with the ultimate in comfort & privacy featuring wood burning fireplace, elegant bath suite w/shower & spa tub, walk-in closets & river views from the large patio. Downstairs you’ll find a versatile den/office plus two guest bedrooms w/luxurious bathroom complete with 2 sinks, shower & garden tub. Even a home theater designed for movie nights & fun, complete with projection TV, pool table, Murphy Bed & guest bedroom. Just steps outside discover your own private oasis. . . a resort-style pool w/spa, outdoor kitchen, full bath & 2 covered lanais ideal for alfresco dining year round. Enjoy cozy nights by the fire or picturesque sunsets waterside at the tiki bar. Boating enthusiasts, this is your dream come true w/well-appointed dock featuring huge 54K LB boat lift & 10K LB covered lift plus mooring space for larger vessels. Whether cruising the river or hosting a gathering, this home is designed to make the most of its stunning outdoor setting. Car enthusiasts will love the big 2, 700+SF garage with A/C & plenty of room for large RV, boat, and 6+ cars. . . perfect for those who enjoy living life on the go. Set on a quiet street of luxury homes & zoned agricultural, offering flexibility for many uses & adding even more value to this already extraordinary estate. Horses/Farm Animals permitted & No HOA. Embrace the beauty of waterfront living at it’s best tucked away from it all, but just a short drive to Ft Myers & all SW Florida has to offer.

Features

  • Rooms: 3
  • Bedrooms: 4
  • Baths: 3 full / 1 half
  • Laundry: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
  • Style: Contemporary, Florida
  • Year Built: 1993
  • Garage: 6-car Bath In Garage, Boat, Circular Driveway, Driveway, Garage Door Opener, Golf Cart Parking, Ground Level, Oversized, RV Garage, RV Parking, Workshop in Garage
  • Heating: Central, Electric
  • Cooling: Central Air, Zoned
  • Approx Sq. Feet: 5,775
  • Acreage: 2.38
  • Est. Taxes: $31,109
  • Lot Desc: Cleared, Landscaped, Level, Oversized Lot, Pasture, Street Dead-End, Unincorporated, Zoned for Horses
  • View: Pool, Water
  • Pool: Chlorine Free, Gunite, Heated, In Ground, Lap, Lighting, Salt Water
  • Pet Policy: Yes
  • Appliances: Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Kitchen Reverse Osmosis System, Microwave, Refrigerator, Washer, Water Softener
  • MLS#: C7500924
  • Days on Market: 6 days
  • Website: https://www.raveis.com
    /eprop/C7500924/14120dukehighway_alva_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 12/25/2024 3:47:10 PM)
Listing courtesy of Realty One Group MVP   Phone: 800-896-8790

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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14120 Duke HIGHWAY, Alva, FL, 33920

$2,895,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $2,316,000 $2,316,000 $2,316,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.625% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.545% 6.748% 6.932%
Monthly Tax Payment $2,592 $2,592 $2,592
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $15,022 $14,830 $20,495
Total Monthly Payment $17,739 $17,547 $23,212

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.