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Overview

3 bd2 ba2,056 sqft2 car garageSingle Family
TypeSingle Family
HOA$423/qtr
Built2024
Lot8,614 sqft
Living area2,056 sqft
Price / sqft$262
Garage2 car

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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

About this home

Built-in FeaturesCeiling Fans(s)Eat-in KitchenKitchen/Family Room ComboOpen FloorplanPrimary Bedroom Main FloorSolid Surface CountersSplit Bedroom

12461 Basalt Ln is a 2024-built home in Babcock Ranch Community Terraw, Alva. Inside you'll find 3 bedrooms, 2 bathrooms, and 2,056 square feet of living space. Listed at $539,000 (about $262/sqft), 100 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable. HOA runs $423 quarterly.

From the listing

Tucked into the coveted Terra Walk neighborhood of Babcock Ranch, this beautifully upgraded 2,056 sq ft home offers 3 bedrooms plus a versatile den, 2 bathrooms, and a 2-car garage — all finished with thoughtful, above-builder-grade touches throughout. Step inside and feel the seamless indoor-outdoor connection created by the zero-corner sliders, opening the great room to the lanai and blurring the line between inside and out. The great room itself makes a statement with a decorative trim accent wall, adding architectural interest and warmth to the heart of the home. Need a private home office or flex space? The den delivers, enclosed by elegant glass French doors that let in natural light while keeping the space defined. Everyday living is made easier with a huge laundry room offering extra storage — the kind of practical upgrade you'll appreciate every single day. The primary suite impresses with a frameless glass shower door, giving the bathroom a sleek, spa-like feel. This home goes beyond the standard builder package, with custom window treatments, upgraded lighting fixtures, and ceiling fans installed throughout — details that add comfort, style, and value from day one. All of this in Terra Walk, one of Babcock Ranch's most sought-after neighborhoods, known for its resort-style amenities, walkable charm, and connection to America's first solar-powered town. Don't miss this move-in-ready opportunity — schedule your private showing today.

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The essentials

Built
2024
Price / sqft
$262
On market
100 days
Annual tax
$8,762
HOA
$423/qtr
Flood zone
X · Low risk
Lot
8,614 sqft
Type
Single Family Residence

At a glance

Single family
Built 2024
Water views
Water
Community pool
Fitness center too
2 car garage
Electric Vehicle Charging Station(s)
8,614 sqft lot
Lot size

Payment

Est. monthly payment
$3,952/mo
Down payment (20%)
$107,800
Property taxes
$730/mo
HOA
$423/qtr
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Single Family Residence
Year Built
2024
Lot
8,614 sqft
Cooling
Central Air
Heating
Central, Electric
Parking
Electric Vehicle Charging Station(s), Garage Door Opener
Days on Market
100
Built-in Features
Ceiling Fans(s)
Eat-in Kitchen
Kitchen/Family Room Combo
Open Floorplan
Primary Bedroom Main Floor
Solid Surface Counters
Split Bedroom
Thermostat
Tray Ceiling(s)
Walk-in Closet(s)
Window Treatments
Sidewalk
Clubhouse
Dog Park
Fitness Center
Gated Community - Guard
Golf Carts OK
Park
Playground
Pool
Restaurant
Sidewalks
Tennis Court(s)
Dishwasher
Disposal
Dryer
Freezer
Microwave
Range
Refrigerator
Washer
Homestead exemption on file In a CDD (Community Development District) Flood Zone X
Annual Tax (2025)
$8,762
Parcel #
06-43-26-L4-02000.3649

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Babcock Ranch Community Terraw
County
Lee
MLS Area
33920 - Alva
Lot Size
8,614 sqft
HOA
$423/qtr
CCMC

Price history

Date
Event
Price
10/2/2026
Price change
Source: Stellar MLS #C7527889
$539,000-1.8%
$262/sqft
7/10/2026
Listed for sale
Source: Stellar MLS #C7527889
$549,000
$267/sqft

Neighborhood

12461 Basalt Ln
Alva, FL, 33920 · 33920 - Alva

Market insights

Offer Insights

Choose an offer strength

List price: $539,000
$525,000 – $539,000
97.5% – 100% of listTops out right at the list price
80% of listList price
257 of the last 513 home closings in Lee County landed at this number or higher (50%). The median one sat 48 days before it went under contract, and this one is on day 100 after a $10,000 cut.

Sample: 513 closed home sales in Lee County over the last 8 months, Stellar MLS. Widened past this ZIP to get a usable sample. A starting point, not a guarantee.

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Calculator

Est. monthly payment
$3,952/mo
Principal & interest$2,811
Property taxes$730
Insurance$270
HOA$141
Down payment20% · $107,800
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. HOA includes any condo dues reported on the listing. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$539,000

$262 per sq ft

Beds and baths

3 beds, 2 baths

Size

2,056 sq ft

Time on market

100 days

Year built

2024

Monthly payment

About $3,952/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $8,762 annual tax bill, insurance, and the $423/qtr HOA fee.

HOA fee

$423/qtr

Managed by CCMC.

Flood zone

Zone X

That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.

Offer

What should I offer?

Have another question?

Brokered byEXP REALTY LLCListing agent: John GarutiListing data from Stellar MLS, MLS# C7527889.

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