Luxury Homes for Sale in Alva, FL

The luxury market in Alva starts at $1,000,000. This page is every active listing at that level, refreshed nightly from the MLS, with what has actually closed, where the inventory sits and how long it takes to sell. For the wider picture see luxury communities in Lee County.

16 luxury homes are for sale in Alva, FL at $1,000,000 and up — median asking $1,494,500, the top listing at $7,750,000, $415 per square foot. 12% is new construction. Median days on market: 94.

Newest luxury listings in Alva

$4,500,000 New
5 bd · 6 ba · 4,406 sq ft · built 2004
1964 Rialto Way, 33920
Alva
Listing courtesy of Coldwell Banker Realty
$1,560,000 New
3 bd · 5 ba · 3,664 sq ft · built 2026
3399 Chestnut Grove Dr, 33920
Country Club
Listing courtesy of Kraiz Realty Inc.
$1,200,000 New
3 bd · 4 ba · 3,053 sq ft · built 2022
17259 Walnut Run Dr, 33920
Country Club
Listing courtesy of Berkshire Hathaway Florida
16270 Forest Mist Court, luxury home for sale in Alva
$2,200,000 New
4 bd · 3.5 ba · 3,022 sq ft · built 1996
16270 Forest Mist Court, 33920
Listing courtesy of INSPIRED REALTY, LLC
$7,750,000 New
6 bd · 7 ba · 8,707 sq ft · built 2003
21531 N River Rd, 33920
Alva
Listing courtesy of KW Florida Living
$1,199,000
3 bd · 3 ba · 3,237 sq ft · built 2001
16450 Oakview Cir, 33920
Riverwind Cove
Listing courtesy of Realty Executives of SWFL
$1,029,000
3 bd · 4 ba · 2,752 sq ft · built 2023
15911 Rivercreek Ct, 33920
Alva
Listing courtesy of Genesis Realty Team
$3,200,000
4 bd · 5 ba · 4,300 sq ft · built 2015
18180 N Olga Dr, 33920
Alva
Listing courtesy of Sellstate 5 Star Realty
$1,399,000
3 bd · 4 ba · 3,854 sq ft · built 2018
3392 Chestnut Grove Dr, 33920
Country Club
Listing courtesy of CRES OF SWFL
$1,595,000
3 bd · 5 ba · 3,944 sq ft · built 2025
3389 Chestnut Grove Dr, 33920
Country Club
Listing courtesy of Kraiz Realty Inc.
$1,175,000
3 bd · 3 ba · 2,322 sq ft · built 2005
3081 Wakefield Ln, 33920
Alva
Listing courtesy of RE Florida Homes
$6,900,000
6 bd · 5 ba · 4,613 sq ft · built 1926
16100 N River Rd, 33920
Alva
Listing courtesy of Realty One Group MVP
$1,175,000
4 bd · 3 ba · 3,389 sq ft · built 2022
22833 Yellow Button Ln, 33920
Caloosa Preserve
Listing courtesy of DomainRealty.com LLC
$1,225,000
4 bd · 4 ba · 4,417 sq ft · built 1999
22800 N River Rd, 33920
Alva
Listing courtesy of Realty Executives of SWFL
$1,429,000
4 bd · 4 ba · 3,887 sq ft · built 2022
3337 Chestnut Grove Dr, 33920
Country Club
Listing courtesy of New Home Advantage Realty LLC
$3,850,000
6 bd · 5 ba · 6,294 sq ft · built 1993
18090 N Olga Dr, 33920
Alva
Listing courtesy of Royal Shell Real Estate, Inc.

The most expensive homes for sale in Alva

ListingAskingSq ft$ / sq ftCommunity
21531 N River Rd$7,750,0008,707$890Alva
16100 N River Rd$6,900,0004,613$1,496Alva
1964 Rialto Way$4,500,0004,406$1,021Alva
18090 N Olga Dr$3,850,0006,294$612Alva
18180 N Olga Dr$3,200,0004,300$744Alva
16270 Forest Mist Court$2,200,0003,022$728—
3389 Chestnut Grove Dr$1,595,0003,944$404Country Club
3399 Chestnut Grove Dr$1,560,0003,664$426Country Club
3337 Chestnut Grove Dr$1,429,0003,887$368Country Club
3392 Chestnut Grove Dr$1,399,0003,854$363Country Club

Where the luxury inventory is

CommunityLuxury listingsMedian asking
Alva8$3,525,000
Country Club5$1,429,000
Caloosa Preserve1$1,175,000
Riverwind Cove1$1,199,000

Luxury inventory by price

BandFor saleShare
$1,000,000–$1,500,000850%
$1,500,000–$2,000,000212%
$2,000,000–$3,000,00016%
$3,000,000–$5,000,000319%
$5,000,000+212%

How to read this

Luxury is defined here as asking prices at or above $1,000,000. Counts, medians and closings come from active and closed MLS listings as of October 5, 2026; closings are the trailing 12 months. Listings appear courtesy of the listing brokerage under IDX rules; information deemed reliable but not guaranteed. See also all 21 homes for sale in Alva and what $1M buys across Lee County.

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Common questions

How many luxury homes are for sale in Alva?

16 homes are listed at $1,000,000 or more in Alva, FL as of October 5, 2026, with a median asking price of $1,494,500.

What is the most expensive home for sale in Alva?

The highest asking price right now is $7,750,000.

Which Alva communities have the most luxury listings?

Alva (8), Country Club (5), Caloosa Preserve (1), Riverwind Cove (1).