Waterfront
Address
2878 Valencia Way, Fort Myers, FL
Price
$ 2,875,000
Property Attributes
  • MLS#2026011317
  • TypeSingle Family
  • Listing Status Active
  • CountyLee
  • CityFort Myers
  • AreaFM01 - Fort Myers Area
  • NeighborhoodVALENCIA TERRACE
  • Zip33901
  • StyleTwo Story
  • Year Built1926
  • Taxes$ 28951
  • Price$ 2,875,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms1
  • Sqr Footage2970
  • Lot Size0.576 Acres
Data Source:
Florida Gulf Coast MLS (SWFLMLS)
Property Description

This exceptional 3 Bedroom + Den, 2.5 Bath riverfront residence offers direct Gulf access and sits on an expansive .61-acre estate lot with 116 feet of pristine Caloosahatchee River frontage. A masterful renovation of a classic 1926 Mediterranean home, the property reflects nearly a century of architectural pedigree—originally redesigned by Dan Sater, reconfigured and rebuilt in 1990, updated in 2010, and most recently transformed in 2023 with a sophisticated, modern aesthetic. Additional structural and mechanical enhancements include a whole-house repipe and new roof in 2022, as well as a new A/C system, appliances and hot water heater in 2023. A gated entry introduces the property with a grand sense of arrival, opening to a motor court and a detached three-car garage with the potential for a future guest house. Inside, the home blends timeless character with elevated luxury, featuring sun-drenched living spaces that capture sweeping river views. The first floor showcases elegant Travertine marble flooring, a wood-burning fireplace and a fully reimagined kitchen designed for both beauty and functionality. The entire second level is devoted to a magnificent primary suite, offering exceptional privacy and a serene retreat. The primary bath features a large walk-in shower, jetted tub and dual European-style vanities. A private balcony overlooks the pool, expansive rear lawn and the wide river beyond, creating a front-row seat to breathtaking panoramic vistas and unforgettable sunsets. Perfectly positioned in the highly desirable Valencia Terrace neighborhood, along the McGregor Corridor and just one mile from Downtown Fort Myers, this residence offers the freedom of no HOA or restrictions. With unmatched privacy, historic charm, and true waterfront living, the property stands as a rare offering. The adjacent lot is also listed for sale, presenting an extraordinary opportunity to expand or create a multi-parcel riverfront estate.

Price History
3/6/2026 Listed $2,875,000

General Features

Sewer Public Sewer
Heating Central,Electric
Cooling Central Air,Electric
Utilities Cable Available,High Speed Internet Available
Possession Close Of Escrow
Roof Tile
Appliances Dryer,Dishwasher,Freezer,Microwave,Range,Refrigerator,Self Cleaning Oven,Wine Cooler,Washer
Garage Spaces 3
Association Fee Includes None
Patio/Porch Features Balcony,Open,Porch
Architectural Style Two Story
Pool Features In Ground
Security Features Smoke Detector(s)
Construction Materials Block,Concrete,Stucco
Pets Allowed Yes
Year Built 1926
View River
Stories Count 2
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
Ownership Single Family
Waterfront Features River Front,Across the Road Water Frontage
Community Features Non-Gated
County Lee
Property Type Residential
Association Amenities None
HOA false
Attached Garage false
Subdivision Name VALENCIA TERRACE
Facing Direction East
Garage Y/N true
Full Baths 2
Status Active
Directions Take McGregor Blvd to Barcelona Ave and go West toward Valencia Way. Turn left on Valencia Way. Home will be on your right. Gate is manual.
City Fort Myers
Disclosures Owner Has Flood Insurance,Seller Disclosure
Senior Community Y/N false
MLS Area FM01 - Fort Myers Area
Lot Size Units Acres
Carport Y/N false
Tax Annual Amount 28951.66
Property Condition Resale
Virtual Tour https://www.propertypanorama.com/instaview/fgcmls/2026011317
Standard Status Active
Tax Lot 3
Property Sub Type Additional Single Family Residence
PostalCity Fort Myers
Legal Description VALENCIA TERRACE BLK 5 PB 5 PG 51 LOTS 3 + 4

Interior Features

Interior Amenities Bathtub,Dual Sinks,Eat-in Kitchen,French Door(s)/Atrium Door(s),Jetted Tub,Kitchen Island,Living/Dining Room,Separate Shower,Walk-In Closet(s),Window Treatments
Flooring Tile,Wood
Furnished Y/N Negotiable
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Window Features Impact Glass,Window Coverings
Half Baths 1
Total Bedrooms 3
Room Type Bathroom,Den,Family Room,Guest Quarters,Other
LivingAreaSource Appraiser
Total Baths 3

Exterior Features

Exterior Amenities Security/High Impact Doors,Outdoor Grill
Parking Features Driveway,Detached,Garage,Paved
Lot Features Oversized Lot
Water Source Public
Lot Size Area 0.576
Spa false
Building Area Total 2970
Lot Dimensions 225 x 116 x 120 x 236
Lot Size Acres 0.576
Private Pool true
Lot Size Source Appraiser
Waterfront Y/N true
Covered Spaces 3
Door Features French Doors
LotDimensionsSource Appraiser

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 33901

Price
AVG $920K
$2.88M
Taxes
AVG $8,013
$28,951
Year Built
AVG 1964
1926

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