Cascades in Alva

Cascades
Homes for Sale in Alva, FL

All 25 homes for sale in Alva, FL · median $389,990 · 169 homes for sale in 33920 · Lee County homes for sale

Community in Alva · Lee County · ZIP 33920
500 homesBuilt 2006–2023Median sale $320K
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Live Market Pulse
44/100
Market Heat
Normal for Cascades
2015 → 2026 · 91 at the 2022 peak
0 is Cascades's coldest market since 2015, 100 its hottest. Today: 44. How it's scored

Photo via Florida Gulf Coast MLS

Built fromLive Florida Gulf Coast MLS data13 years of closingsFL DOR public recordsUpdated twice daily

As of October 2026, Cascades in Alva, FL has 18 homes for sale and 4 pending, asking from $282,500 to $699,000 (median $355,009). Over the 12 months ending 2026-09-20, 41 recorded sales closed at a median of $320,000, $186 per square foot, a median 56 days on market, sellers accepting 94% of original asking (-10% versus the prior year). Homes listed or recently sold were built 2006–2023; 10 of 23 report an HOA (median $359/mo); 5 of the 23 geocoded homes sit in a FEMA special flood hazard zone (median elevation 13 ft). At the median price and Lee County's FY2025-26 rate of 15.97 mills, annual property tax runs about $5,110 ($4,440 with the full homestead exemption).

Sections of Cascades in the MLS

Cascades in Groveland, FL is recorded as 4 separate subdivisions/phases in the MLS; 1 home is for sale across them today. Each section has its own page:

Last 30 days in Cascades: 11 new listings (median asking $377,000), 4 under contract right now. As of October 20, 2026, Listing information provided by the Florida Gulf Coast Multiple Listing Service, Inc. Information is deemed reliable but not guaranteed by the MLS to be accurate.

Live · Cascades Housing Pulse Florida Gulf Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$320K ▼
Median sold · 12 mo
down 9.9% vs the prior 12 months
-9.9% ▼
1-yr price change
n = 41 and 25 sales in the two windows
$186/sf
Sold $/sqft · 12 mo
peak $230 in 2023
94.1%
Sale vs ask
Tempo
56days
Median DOM · closed
11 days at the 2022 low
22%
Under contract
Lee: 18% (1,646 of 9,225)
18 · 5
For sale · pending
live counts, refreshed twice daily
41
Sold · last 12 mo
10-yr average: about 50 a year
Ownership and context
78%
Owner-occupied · Cascades
392 of 500 parcels homesteaded (FL DOR 2025)
22%
Non-owner-occupied · Cascades
incl. 2% trust or LLC-held · 15% out-of-state
500
Homes in the community
500 residential parcels (FL DOR 2025)
Track record · 13 years of records
33
Recorded sales · 2024-2025
median $395K · qualified sales on the county roll (FL DOR 2025)
2006–2023
Years homes were built
median 2017 · county roll (FL DOR 2025)
1,816sqft
Median sold home size
12-mo windows, closed sales
8.2%/yr
Turnover rate
about 41 of 500 homes trade a year

Homes For Sale Right Now in Cascades

Live MLS inventory for Cascades. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending Cascades listings as of 2026-10-20, priced high to low. Listing information provided by the Florida Gulf Coast Multiple Listing Service, Inc. Information is deemed reliable but not guaranteed by the MLS to be accurate. Tap any home to ask about it.

Cascades Housing Pulse · Momentum Research · as of September 20, 2026

Cascades right now

🔴 Off the recent peak. The trailing-12-month median ($320K) is down 9.9% from the prior 12 months ($355K).Momentum Research, record-level Florida Gulf Coast MLS closed sales, 12-month windows ending September 20. Confidence: High (41 and 25 sales in the two windows).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

· Updated October 20, 2026 · Live data: Florida Gulf Coast MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

Cascades market snapshot (as of September 20, 2026): the median sale price is about $320K ($186 per sq ft over the trailing 12 months of closed sales), and a median 56 days on market for closed sales. The trailing-12-month median is down 10% from the prior 12 months, computed from record-level Florida Gulf Coast MLS closed sales (41 closings in the current window).

In ZIP 33920 (Alva), 466 homes closed in the last 12 months at a median of $372K ($171/sq ft), down 4.7% year over year, with a median 52 days on market. Right now 195 active and 57 pending listings — a buyer's market. See the live ZIP 33920 housing market and the Lee County market.

County records show 33 qualified sales in Cascades across 2024–2025 (22 in 2024, 11 in 2025), median $395,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.

Flood zones in Cascades: of 16 listing addresses checked against the FEMA National Flood Hazard Layer, 69% sit outside the FEMA Special Flood Hazard Area (Zone X); 31% are in an A-series high-risk zone where flood insurance is required with a federally backed mortgage. Individual parcels vary - verify any specific address at msc.fema.gov.

Cascades is a community of 500 homes in Alva, Lee County, built between 2006 and 2023 (median 2017), with a median living area of about 2,738 square feet. 78% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Windows contain 0 to 85 sales each (41 in the current window); every figure carries its sample size. Listing information provided by the Florida Gulf Coast Multiple Listing Service, Inc. Information is deemed reliable but not guaranteed by the MLS to be accurate. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$200K$300K$400K2014201620182020202220242026
Down 9.9% year over year.
Every sale since 2013 · price vs size
$0$200K$400K2k2k2k
573 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$100$150$2002014201620182020202220242026
Up from $91 in 2013 to a $230 peak in 2023; $186 now.
Median days on market · closed sales
0501001502014201620182020202220242026
11 days at the 2022 low; 56 now.
Sale price vs original ask · median
90%100%2014201620182020202220242026
94.1% now.
Homes sold per 12-mo window
02550752014201620182020202220242026
0 to 85 a year; 41 in the current window.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning201620182020202220242026
91 at the 2022 peak, 11 in the troughs, 44 now. Same score as the hero card, full history.
How much local inventory is already under contract

18% of homes for sale in Cascades are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-10-20).

Cascades Market Scorecard

Balanced

Cascades is currently a balanced market., a median asking price of $339,950, and homes go under contract in about 27 days.

$339,950
Median list
$320,000
Median sold
$203
List $/sqft
27
Days on mkt
18/4/1
Active/Pend/Sold

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: Florida Gulf Coast MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Listing locations from Florida Gulf Coast MLS. Map data © OpenStreetMap contributors.

If we were buying in Cascades today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Cascades.

A closer look at the Cascades market

At a median of $186 per square foot, Cascades prices sit in a fairly defined band, so condition and updates — more than the list price — tend to separate one home from the next.

The trailing-12-month median down 10% year over year. Homes that do trade take a median 56 days on market, useful leverage on any listing that has lingered.

The housing stock is 500 homes built between 2006 and 2023, and 78% of parcels are homesteaded — the owner-occupancy proxy in the Florida DOR assessment roll.

“

The location and the amenities are priced into every listing in Cascades. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
5.8C+ · Buy Score
Recent Direction3.5/10
Owner Commitment7.8/10
Pricing Power6.1/10

Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (5.8). Basis: Recent Direction -9.9% year-over-year; Owner Commitment 78% owner-occupied; Pricing Power 94.1% sale-to-list. Refreshed with each data update.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Cascades sales matched to your home.

What is your Cascades home worth?

Get a no-obligation home value based on real comparable sales in Cascades, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See all homes for sale in Alva →

Real comps, not an automated estimate.

Recently off market in Cascades

Homes in Cascades that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 10 on record.

Cascades key facts
LocationAlva, Lee County, FL · ZIP 33920
Homes in the community500 (FL DOR 2025 assessment roll)
Years built2006–2023 (median 2017)
Typical living area2,738 sq ft (median)
Home types (current listings and sales)singlefamilyresidence 96%
Sale prices, last 12 months$320,000 median across 41 closed sales · $186 per sq ft · -9.9% vs the prior 12 months
Days on market (closed sales)56 median
For sale right now18 active, 5 pending · median asking $339,950
Owner-occupied (homestead) share78%

Data as of September 20, 2026. Listing information provided by the Florida Gulf Coast Multiple Listing Service, Inc. Information is deemed reliable but not guaranteed by the MLS to be accurate; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Cascades key facts,” movewithmomentum.com/neighborhoods/cascades, data as of September 20, 2026.

Just listed in Cascades

The newest homes for sale in Cascades right now, newest first. Each link opens the full listing with every photo, the price history and a tour request.

Checked against the MLS Oct 20, 2026. All new listings in this market.

Every Home for Sale in Cascades Right Now (22)

All 22 active and pending Cascades listings with a detail page, newest first, refreshed twice a day from the MLS.

Streets in this community

Street-level pages: every home on record, what sold and what is for sale on each street.

Recent Developments in Cascades

Development, infrastructure, retail, and school activity affecting Cascades, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated October 2026.

  1. September 2026
    Development

    Ritz-Carlton Residences, Estero Bay tops off second tower

    The second of two 22-story towers at 5000 Coconut Road reached full height on Sept. 18, 2026, completing the 224-residence project by London Bay and Coastal Construction. Tower One is more than 90% purchased and Tower Two about 45%. Move-ins and completion are scheduled for August 2027.

    What it may mean for the marketAdds high-end waterfront condominium inventory in the Estero and Bonita Springs area, with completion expected in August 2027. The project is about 12 miles west of Cascades, elsewhere in Lee County.

    Source: Gulfshore Business
  2. August 2026
    Retail & Dining

    Walmart Supercenter planned on State Road 82 across from Lehigh Acres

    Casto is developing a roughly 60-acre center on the south side of SR 82 between Parkdale and Jaguar boulevards, anchored by a 175,000 sq ft Walmart Supercenter that bought 18.43 acres for $23.9 million. Tenants include McDonald's, Panda Express, Taco Bell and AutoZone. Walmart is expected to break ground in September with an opening around end of 2027 or early 2028.

    What it may mean for the marketWould bring large-format shopping and fuel closer to Lehigh Acres households that currently drive farther for retail. The project is about 11 miles north of Cascades, elsewhere in Lee County.

    Source: Gulfshore Business
  3. August 2026
    Development

    Construction underway at 680-acre Brightshore Village in Golden Gate Estates

    Barron Collier Companies is building Brightshore Village on Immokalee Road west of Everglades Boulevard North, planning about 2,000 homes and 106,000 to 120,000 sq ft of retail and services. Homebuilder parcels were scheduled to close September 18, with first move-ins targeted for January 2028.

    What it may mean for the marketWould add about 2,000 homes and a commercial village center on the Immokalee Road corridor. The site is about 6 miles southeast of Cascades.

    Source: Gulfshore Business
  4. August 2026
    Development

    Audubon and Cameratta settle lawsuit over 10,000-home Kingston community

    Audubon and Cameratta Companies settled a federal suit over the Kingston permit; Cameratta will buy about 98 acres off Carter Road and give up a 100-foot easement for a road through Corkscrew Swamp Sanctuary. Kingston covers about 6,700 acres in eastern Lee County, with first model homes expected within about two months.

    What it may mean for the marketRemoves a legal obstacle to a master-planned community of about 10,000 homes east of Estero, and rules out a road link into Collier County through the sanctuary. The site is less than a mile west of Cascades.

    Source: Gulfshore Business
  5. June 2026
    Retail & Dining

    High 5 Entertainment underway at Village Hub SportsPark in Estero

    Vertical construction is underway on a High 5 Entertainment venue at the Village Hub SportsPark on the north side of Williams Road in Estero. The facility will include the 21-court Estero Pickleball Club, a 16-lane bowling alley, two miniature golf courses, an arcade, a full-service kitchen and bar, and retail space. The CEO said construction should finish within six to eight months, targeting soft openings in February 2027.

    What it may mean for the marketA new entertainment and dining venue adds recreational and commercial space to the Estero activity hub. The project is about 12 miles west of Cascades, elsewhere in Lee County.

    Source: Gulfshore Business
  6. May 2026
    Development

    Estero board reviews 370-unit mixed-use complex at Estero Parkway and Three Oaks Parkway

    The Estero Planning, Zoning and Design Board on May 19, 2026 reviewed The Residential Group's proposal for a mixed-use development on 5.275 acres at the southwest corner of Estero Parkway and Three Oaks Parkway. The plan calls for 370 apartments and 33,000 square feet of commercial space and requests a zoning change from a 1994 commercial planned development to a mixed use planned development. The proposal projects fewer daily trips and lower density than the previously approved shopping center.

    What it may mean for the marketThe plan would convert an aging commercial site into new housing and ground-floor retail at a major intersection. The project is about 10 miles west of Cascades, elsewhere in Lee County.

    Source: Gulfshore Business

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Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.

What it really costs to own in Cascades

The parts of the monthly number a mortgage calculator leaves out, from the tax roll, the MLS, Citizens and FEMA. Property facts only.

Property taxCurrent owners' bills run a median of $3,171/yr across 46 listings here (MLS tax records, 2026-10-20).
HOA duesMedian $359/month across 10 MLS listings (most billed quarterly; 2026-10-20). Dues cover what the documents say they cover; ask for the budget and reserve study.
Home and flood insuranceThe average Citizens Property Insurance premium in Lee County is $2,197/yr (6,508 policies, Citizens detail by county, April 2026); private-market quotes depend on roof age, wind mitigation and construction. Flood: of 16 listing addresses checked against the FEMA flood map, 69% sit outside the high-risk zone and 31% inside one, where flood insurance is required with a federally backed mortgage. Statewide, a Zone X flood policy runs about $500-$700/yr and a high-risk zone $1,200-$2,500/yr (FEMA Risk Rating 2.0 averages, not quotes).
Roof and ageMedian build year 2017 across 46 listings. An original roof here is about 9 years old: still inside the 15-year window Florida carriers use, but ask for the roof's permit date before you bind coverage.

Estimated carrying cost at the median asking price, before the mortgage: about $806/month (tax $264, HOA $359, insurance $183). An estimate from the sources above, not a quote.

Email me new listings in Cascades

One e-mail a day, only when a home lists here, with price, beds, baths and a link to every listing. Straight from the MLS feed; no account needed.

Equal Housing Opportunity. Every community is open to everyone; alerts are about homes, never about who lives here.

Ask an agent about Cascades

Have a question about the homes, fees, rules or commute here? A Momentum agent who works Cascades will answer, and the answer is published on this page for the next buyer.

Property facts only: homes, fees, rules, commute. Every community is open to everyone; agents do not answer questions about who lives here.

Frequently Asked Questions

What is the median home price in Cascades?
The median sale price in Cascades was $320K over the 12 months ending September 20, 2026 (41 closed sales, Florida Gulf Coast MLS).
How long do homes in Cascades take to sell?
Homes that closed in the 12 months ending September 20, 2026 took a median 56 days on market (41 sales, Florida Gulf Coast MLS).
How many homes are in Cascades?
The Florida DOR 2025 assessment roll shows 500 homes in Cascades (public records).
What share of Cascades is owner-occupied?
78% of Cascades parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Cascades built?
Homes in Cascades were built between 2006 and 2023, with a median year built of 2017 (FL DOR 2025 roll).
Who is the best real estate agent for Cascades?
The best agent for Cascades is one who actively works Alva and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Cascades.
How do I find a top Alva real estate agent who knows Cascades?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Cascades and the wider Alva area.
Can Momentum Realty connect me with an agent for Cascades?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Cascades purchase or sale - no call center and no pressure.
Where is Cascades, and what county is it in?
Cascades is in Alva, Lee County, FL, ZIP 33920. The community's center is about 14 miles northwest of the center of Alva (straight-line).
Is Cascades in a flood zone?
Partly. Of 16 homes we sampled in Cascades, 69% sit outside a FEMA Special Flood Hazard Area (Zone X) and 31% are inside one (Zone A or AE), where a lender requires flood insurance. Flood zones are drawn parcel by parcel, so check the exact address on FEMA's flood map before you close; the flood section on this page shows the community's mix.
Is Cascades a good place to live?
That depends on your budget, commute and what you want in a home, so here is what the data says about Cascades: the median sale price over the last 12 months was $320K (41 sales), 21% below the Alva median of $404K; homes took a median 56 days to go under contract; the assessment roll counts 500 homes, 78% of them homesteaded (owner-occupied). The full numbers, price history and the flood and school sections are above.

Data sources & freshness

Live listingsFlorida Gulf Coast MLS, refreshed twice daily (last: October 20, 2026)
Community market statsFlorida Gulf Coast MLS closed sales, 12-month windows ending September 20, 2026
Housing stock & ownershipFlorida DOR assessment roll (street-list match (4 streets, ZIP 33920))
Under-contract sharesFlorida Gulf Coast MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2013 (573 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of Florida Gulf Coast MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

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Nearby Communities

Explore more neighborhoods near Cascades with Momentum Realty’s local guides.

Portico0.5 mi away · median $372K, 88 sales/12 moPortico Fort Myers0.6 mi awayHawk S Preserve0.6 mi away · median $332K, 8 sales/12 moRiverdale Shores0.8 mi away · median $225K, 5 sales/12 moRiverdale Estates (Lee)0.9 mi away · 18 homes, built 1975–89, 2 for saleHemingway Pointe0.9 mi away · median $290K, 5 sales/12 moReserve At Buckingham0.9 mi away · median $295K, 3 sales/12 moValencia Harbor1.1 mi away · median $556K, 15 sales/12 mo

Browse all neighborhood guides →

More on Cascades

Thinking of selling in Cascades? 41 recorded closings; median 56 days on market (window ending 2026-09-20). See the Lee County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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