
18220 ELMWOOD DRIVE, ALVA, FL, 33920
Active201 days on marketListed Apr 20, 2026MLS #C7525120
About this home
18220 ELMWOOD DRIVE
MOTIVATED REDUCTION *** $-150,000.00 *** PRICE IMPROVEMENT REFLECTS SELLER MOTIVATION. PRICED TO MOVE AT AN UNBEATABLE VALUE! UNPRECEDENTED VALUE AND OPPORTUNITY. 3.2 AC, 2 HOMES, 2400 SF RED IRON BARN, LAP POOL AND HUGE LANAI, NAVIGABLE WATER 500 YARDS TO CALOOSAHATCHEE RIVER DOWN RIVER OF LOCKS. ZONED AG-2. NO HOA, NOT IN A SUBDIVISIONS. PRESERVED TELEGRAPH VIEWS BY CONSERVATION EASEMENT. HAVE INSTANT EQUITY AND BE FREE IN YOUR FUTURE FROM ASSOCIATIONS AND RESIDENTIAL ZONING. This is a truly remarkable property that photographs can't do it justice. Such a beautiful oasis!! Private, peaceful,…Perfect for an Artist, writer, photographer or just a nature lover! The good life awaits!! Multigenerational property 2 home estate. Enjoy the workshop/barn of the 2400sf red iron/steel barn. Enjoy the screened recreational area with 40ft pool. Located on 344 feet of the navigable Telegraph Creek, 550 yards to the Caloosahatchee river. Feel the privacy in this 3.2 acre estate. ZONED AG 2! Mature oaks & pines, find yourself in the secret, equestrian and recreational Hideaway of Alva, Florida! The tranquility and elegance of this 3.2 acres rich in classic southern style charm. DETAILS: Main house is 2422sf 3/2 with grand open spaces. The kitchen features state of the art amenities, including BLANCHE quartz countertops, stainless steel sink, eye-catching subzero, classic French door, refrigerator freezer. Chef‘s choice of the induction range, convection, double oven and an easy to reach conveniently located microwave oven. Designer cabinetry, with soft, closing drawers and heavy hinge, including a large walk-in pantry with designer doors, and stainless steel barn door hardware. The multi Chef kitchen will support the families best chefs at holidays and gatherings with the island kitchen as the social hub of the 700 ft.² gathering space. A large family room is the hub for the three bedrooms on the north side of the house. The family room features a wood-burning fireplace, and panoramic veiws of the backyard and the telegraph creek. The master suite includes a large walk-in closet and private bath with dual sinks and a spacious custom shower. Private access into the lanai and pool area. The second bedroom, with a vaulted ceiling and access into the pool lanai area. The third bedroom features, built-in open bookshelves, + large size walk-in closet. BONUS!! 1090 ft.² guest house with carport. Full functioning, with living room, dining room, and a fully equipped kitchen in the central space, full laundry, hook ups, independent HVAC from main house, and a bedroom located on each end of the living space. A large screened, private lanai invites you to relax and enjoy. A 40 x 60 red iron steel building with three overhead doors and an access door, on a monolithic pour of concrete is here for your needs.
Facts & features
The home at a glance
5
Bedrooms
3
Bathrooms
3,512
Sqft
3.2 ac
Lot size
4
Garage
1956
Year built
One
Levels
$242
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$6,061 /mo · 10% down Conventional, 30-yr fixed at 7.5%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$6,061/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Can I afford this home? → See what you can comfortably afford from your income, debts and savings.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs ACREAGE & UNREC
$242 vs $412
Days on market
201 vs 67 typical
Where $242/sqft sits among the 100 homes for sale in ACREAGE & UNREC
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Alva
Get to know Alva. See the full Alva guide →
ALVA 33920 — neighborhood snapshot
Population
7,689
Median age
50
Median income
$87,601
Median home value
$376,000
Avg household
2.7
Households w/ children
705
For the school run
Lee County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Alva market
$450K → $265K
Alva median sold, yr/yr
96.3%
Sale-to-list ratio (12 mo)
36 of 100
ACREAGE & UNREC have cut their price
Median sold price, Alva, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 113% above the ALVA 33920 median. See the full Alva market guide →
Paper trail
This home's history
Reality check
What actually sold near 18220 ELMWOOD DRIVE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Mar ’26$1,080,000
18725 S OBRIEN ROAD · same community
6 bd · 4 ba · 3,465 sqft · $312/sqft · 205 DOM
Sold · Feb ’26$1,400,000
3493 EDWARDS ROAD · same community
4 bd · 4 ba · 3,854 sqft · $363/sqft · 8 DOM
Sold · Oct ’26$500,000
24247 WOLF BRANCH ROAD · same community
5 bd · 3 ba · 2,960 sqft · $169/sqft · 240 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Derrion White
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 18220 ELMWOOD DRIVE — start here.

Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 18220 ELMWOOD DRIVE — before you fall in love.
See it in person
Schedule a tour
Live availability from Derrion's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
18220 ELMWOOD DRIVE FAQs
What would the monthly payment be for 18220 ELMWOOD DRIVE?+
With 10% down on a 30-year Conventional loan at 7.5%, the all-in payment lands around $6,061/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 18220 ELMWOOD DRIVE?+
The most recent tax bill on record (2025) was $2,794. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Alva?+
At $850,000, this home is listed about 88% above the Alva median of $450,990. The market section on this page shows how the area is trending.
Which schools are assigned to 18220 ELMWOOD DRIVE?+
River Hall Elementary School (elementary), Riverdale High School (high), Lehigh Senior High School (high), East Lee County High School (high), Manatee Elementary School (elementary), Gateway High School (high), Orange River Elementary School (elementary), Tice Elementary School (elementary), James Stephens Elementary School (elementary) — Lee County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Positioned at the premium end
$850,000 runs 113% above the ALVA 33920 median — but at 3,512 sqft it's also nearly twice the size of the typical Alva listing.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Time on market is leverage
201 days on market against a Alva median of 67 — sellers in this position are usually ready to negotiate.
04The price has already moved
Listed at $999,999, now $850,000 — a $150K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of DALTON WADE INC · Missy McAmis. MLS #C7525120.
IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
Never miss a listing
New Alva homes, in your inbox
Like 18220 ELMWOOD DRIVE but not quite? A daily digest of every new listing in Alva — straight from the MLS, hours after it goes live. Unsubscribe anytime.
Just watching this one home? Ask Derrion to ping you on any price or status change →


