Cascades in Alva

Cascades
Homes for Sale in Alva, FL

Community in Alva · Lee County · ZIP 33920
500 homesBuilt 2006–2023Median sale $300K
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Photo via Florida Gulf Coast MLS

Built fromLive Florida Gulf Coast MLS dataFL DOR public recordsUpdated twice daily
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
$300K
Median sold · 12 mo
$177/sf
Sold $/sqft · 12 mo
peak $177 in 2026
93.2%
Sale vs ask
Tempo
21.0mo
Supply
3 to 6 months is the balanced band
122days
Median DOM · closed
122 days at the 2026 low
13%
Under contract
Lee: 15% (1,899 of 12,521)
21 · 3
For sale · pending
live counts, refreshed twice daily
12
Sold · last 12 mo
10-yr average: about 12 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 · 0 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)
1,782sqft
Median sold home size
12-mo windows, closed sales
2.4%/yr
Turnover rate
about 12 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 2026-11-12, 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 November 11, 2026

Cascades right now

🟢 Buyer-leaning market. 21.0 months of supply and 12% of the inventory already under contract give buyers above-average negotiating leverage.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Florida Gulf Coast MLS records, as of November 11, 2026. Confidence: Very High (24 active and pending listings, 12 closed sales in 12 months).

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

· Updated November 11, 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 November 11, 2026): the median sale price is about $300K ($177 per sq ft over the trailing 12 months of closed sales), a median 122 days on market for closed sales, and 21.0 months of supply, a buyer-leaning market.

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).

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

Use your leverage. With inventory sitting, there is room to negotiate on anything dated or overpriced and to ask for repairs or a rate buydown.

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 $177 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.

Inventory runs at 21.0 months of supply, a buyer-leaning market. Homes that do trade take a median 122 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
4.4C- · Buy Score
Liquidity & Demand0.0/10
Owner Commitment7.8/10
Pricing Power5.5/10

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 (4.4). Basis: Liquidity & Demand 21.0 months of supply; Owner Commitment 78% owner-occupied; Pricing Power 93.2% 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 homes for sale in Cascades on the map →

Real comps, not an automated estimate.

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 November 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.

Frequently Asked Questions

What is the median home price in Cascades?
The median sale price in Cascades was $300K over the 12 months ending November 11, 2026 (12 closed sales, Florida Gulf Coast MLS).
How long do homes in Cascades take to sell?
Homes that closed in the 12 months ending November 11, 2026 took a median 122 days on market (12 sales, Florida Gulf Coast MLS).
Is Cascades a buyer's or seller's market right now?
As of November 11, 2026, Cascades leans toward buyers: 21.0 months of supply at the current sales pace (Florida Gulf Coast MLS live counts).
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.

Nearby Communities

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

Hawk S Preserve0.5 mi away · median $328K, 3 sales/12 moPortico Fort Myers0.7 mi awayRiverdale Shores0.7 mi away · 26 homes, built 1979–17, 2 for salePortico0.7 mi away · median $400K, 23 sales/12 moRiverdale Estates (Lee)0.8 mi away · 18 homes, built 1975–89, 2 for saleReserve At Buckingham0.8 mi away · median $329K, 3 sales/12 moHemingway Pointe0.8 mi away · median $300K, 3 sales/12 moMagnolia Isles1.0 mi away

Browse all neighborhood guides →

Data sources & freshness

Live listingsFlorida Gulf Coast MLS, refreshed twice daily (last: November 12, 2026)
Community market statsFlorida Gulf Coast MLS closed sales, 12-month windows ending November 11, 2026
Housing stock & ownershipFlorida DOR assessment roll (street-list match (4 streets, ZIP 33920))
Under-contract sharesFlorida Gulf Coast MLS records, as of 2026-11-11
Historical depthClosed-sale records back to 2026 (12 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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