21531 N RIVER Road
About This Property
At the center of the estate is a 250' x 275' irrigated riding arena, strategically positioned between two barns for convenient access. Three viewing stands provide excellent vantage points for spectators and trainers. The professionally appointed 16-stall luxury barn features a humidity-controlled feed room, air-conditioned tack room with changing area, laundry room, kitchen space, men's and women's bathrooms with showers, office, and fly-misting system. A separate secondary barn near the main residence includes a bathroom, tack area, and fly-misting system. Originally designed for quarantine, it is equally suited for foaling, veterinary care, private boarding, or horses requiring additional separation.
(17) lush paddocks and turnout areas, double fencing, professional landscaping, and secure gated entry complete the equestrian grounds. A Kubota tractor equipped for arena grooming, mower, and Bush Hog convey with the property.
An extraordinary 50' x 70' multi-purpose event and entertainment building adds remarkable versatility. Ideal for weddings, celebrations, private gatherings, equestrian events, and more, it features an $18,000 sound system, bar/lounge, kitchen, TV lounge, bunk room, full bathroom, and polished concrete floors. The building can accommodate up to a 45-foot RV and includes 50-amp electrical and sewer hookups, creating additional potential for entertainment, guest accommodations, RV use, or income generation.
The estate also includes three beautifully remodeled residences, two with in-ground pools, offering flexibility for owners, guests, caretakers, or rental opportunities. There is also potential to build on a large inclusive parcel, to create another custom luxury estate residence.
Ideally located in Alva, Florida, the property offers the tranquility and character of Old Florida while providing convenient access to the Caloosahatchee Intra-Coastal Riverway, Fort Myers, Sanibel and Naples area beaches, I-75, RSW Airport, and renowned equestrian destinations throughout Florida, including Wellington & Ocala.
Equestrian Acres is more than an equestrian property-it is a fully developed lifestyle estate offering a rare opportunity to combine horses, recreation, events, privacy, and investment potential in one extraordinary setting. Call today for more information.
Sale includes: 22-43-27-00-00002.002A - 21531 N River Road, Alva, FL, 22-43-27-00-00002.0020 - 21571 N River Road, Alva, FL, 22-43-27-00-00002.0170 - 17700 Pronghorn Street, Alva, FL, 22-43-27-00-00002.0610 - 17701 Pronghorn Street, Alva, FL.
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Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 29, 2026 | Listed by KW Florida Living | $7,750,000 | |
| Listed by KW Florida Living | |||
| Aug 17, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Mar 27, 2026 | Listed by Premiere Plus Realty Company | $7,750,000 | |
| Listed by Premiere Plus Realty Company | |||
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LOOKING for a professional equestrian facility planned and built to exact standards and with equestrian amenities in mind for effective use of space and function.
Three homes fully remodeled and updated, 2 with in ground pools, on 20 acres+/- with custom built luxury 16 stall horse barn, outdoor riding arena with elevated observation areas, beautiful paddocks, grass turnout, large RV, boat, car storage building ready for events, features bathroom, entertaining areas and perfect for promotions and wedding venue, a separate quarantine barn with bathroom and tack room, paved driveways, fully professionally landscaped and fully gated. Plenty of room to build a custom luxury estate residence on property, while enjoying income from the other 3 homes.
Income producing, this facility is a great place to call your full-time residence, winter retreat or a Florida investment property. Inquire for figures and possibilities for this amazing location and equestrian facility in Alva, FL. Convenient to the Caloosahatchee River, boating, jet skiing, canoeing and kayaking are all your options here exploring Olde Florida from the water.
Route 80 West to Interstate 75 allows access to Fort Myers, Naples, and the SW Florida International Airport, or travel East to Ft Lauderdale and Miami too. Horse shows are plentiful in Venice, Sarasota, Tampa, Wellington, Ocala- WEC, HITS, and so many more accommodating all disciplines of riding.
An upscale, 20-acre haven where riders and their equine partners could thrive. Owners have meticulously designed every aspect of Equestrian Acres, from the immaculate stables and lush pastures to the expertly maintained riding arena, to provide an environment that fosters growth and success for equestrians and their mounts. Property feature sheet is available along with a beautiful farm video, 100 photos and 3D tours.
Sale includes parcel numbers: 22-43-27-00-00002.0160, 22-43-27-00-00002.0170, 22-43-27-00-00002.002A, 22-43-27-00-00002.0020
17701 Pronghorn St Alva FL, 17700 Pronghorn St Alva FL, 21531 N River Rd Alva FL, 21571 N River Rd Alva FL
Approximately 20 acres +/- being sold together only.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017