18071 Traverse DR, Alva, FL, 33920 | $730,000

Nestled along 175 feet of pristine waterfront in the coveted River Oaks enclave of Alva, this exquisite and rare 3-bedroom, 2-bathroom residence redefines luxury coastal living. Spanning close to 2, 000 square feet, this tastefully updated home seamlessly blends modern elegance with the tranquility of riverfront serenity, offering incredible waterfront views in every room. The heart of the home is a chef’s dream kitchen, redesigned in 2022 with sleek dolomite countertops, a striking soapstone farm sink and premium stainless-steel appliances. The open-concept design flows effortlessly into a spacious living area, perfect for intimate gatherings and grand entertaining. Step outside to an unparallelled outdoor sanctuary, featuring a screened-in lanai and a breathtaking infinity pool upgraded in 2023 with a chiller/heater combo, perfect for enjoying beautiful Florida sunsets. Over 2, 000 square feet of tiered pavers provide ample space for al fresco dining or lounging, with a fenced yard for privacy. Boating enthusiasts will revel in the 7, 500-lb boat lift with a 24-ft slip, a boat dock for two jet skis, and room for an additional dock to accommodate a 40-ft boat. The home features new hurricane sliders, offering peace of mind while framing stunning views of dolphins, manatees and eagles that can be seen year-round. Other features include a 2022 metal roof, 2023 AC, updated ductwork in 2017, 2023 hot water heater and a washer and dryer. The property has never been flooded. Schedule a time to see this must-see property today!

Features

  • Amenities: None
  • Bedrooms: 3
  • Baths: 2 full
  • Style: 1 Story/Ranch
  • Development: VILLA RIVER ESTATES
  • Year Built: 1975
  • Garage: 2-car Attached
  • Heating: Central Electric
  • Cooling: Central Electric
  • Approx Sq. Feet: 1,954
  • Acreage: 0.29
  • Est. Taxes: $4,053
  • Lot Desc: Cul-De-Sac,Dead End,Irregular Shape
  • View: Intersecting Canal,Partial River,Water
  • Community Type: Boating,No Subdivision,Non-Gated
  • Water Front: Yes
  • Boat Access: Boat Canopy/Cover,Boat Dock Private,Boat Lift,Boat Slip,Dock Included,Wooden Dock
  • Private Pool: Yes
  • Pet Policy: No Approval Needed
  • MLS#: 225064577
  • Website: https://www.raveis.com
    /raveis/225064577/18071traversedr_alva_fl?source=qrflyer
Courtesy of

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

The CVJ TeamSales Associates

239.269.7685

TheCVJTeam@Raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Pedro DelgadilloInsurance Sales Director, William Raveis Insurance

305.922.5393

Pedro.Delgadillo@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

18071 Traverse DR, Alva, FL, 33920

$730,000

The CVJ Team

Sales Associates

William Raveis Real Estate

Phone: 239.269.7685

TheCVJTeam@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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $584,000 $584,000 $584,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.000% 6.375% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.407% 6.577% 5.986%
Monthly Tax Payment $338 $338 $338
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,501 $3,643 $4,850
Total Monthly Payment $3,931 $4,073 $5,280

* 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.