ActiveResidential · sale

221 Rivo Alto Canal

Long Beach, CA 90803

$8,500,000

  • 4 beds
  • 6 baths
  • 4,044 sq ft
  • 0.1 acres
  • Built 1976

Listed by Vista Sotheby's Int'l Realty · MLS #PW26062457

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221 Rivo Alto Canal, Long Beach, CA 90803 · MLS #PW26062457

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A FEW THINGS TO NOTICE

What stands out.

Living spaces

Formal Living room w/hardwood flooring and majestic oversized fireplace, a beamed ceiling, all while enjoying the panoramic water views.

Details worth a look

Turn around and enjoy the spacious private courtyard c/w an in-ground Spa and Barbecue.

Year built

Built in 1976.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Welcome to one of Naples Islands most desirable and unique locations. Situated on an oversized, corner waterfront 4,446 sq. ft lot, this Tuscan inspired Mediterranean masterpiece is a One of a Kind property. This special property is surrounded by the largest dock in the area, w/this private dock the owners can accommodate multiple watercraft and a 75ft plus yacht. This premier property is on Rivo Alto Canal, Naples Canal, The Colonnade Canal and Alamitos Bay and overlooking The Colonnade Park, capturing the most amazing panoramic views in all of Naples. All of this is surrounded by the newer Phase Two seawall. Enjoy paradise while entering through timeless wood, double entry doors, into the expansive open air interior with two story ceilings, wood beamed Dining room and staircase to the upper level. Formal Living room w/hardwood flooring and majestic oversized fireplace, a beamed ceiling, all while enjoying the panoramic water views. Turn around and enjoy the spacious private courtyard c/w an in-ground Spa and Barbecue. The gourmet Chefs Kitchen features a Viking 6 Burner Range, Dacor Ovens, Subzero Refrig, Custom Wood Cabinets, Travertine Flooring, Dual Bosch Dishwashers, while looking out of an oversized window w/views of the Canal and Park. There is also a Home Theater room c/w a Wet Bar and a private bathroom. There is an oversized two car garage, as well. Moving up the open staircase to the Primary Suite, which overlooks The Colonnade Canal, Naples Canal and Alamitos Bay, enjoying morning views and stunning afternoon sunsets. With amazing High Beamed Ceilings, this fabulous bedroom is c/w a wonderful Fireplace, an outdoor balcony, and hardwood flooring, all making this a very special, private retreat. Enjoy the Primary Bath which is c/w Jacuzzi Tub, a large walk in dual shower, dual sinks and a large walk in closet. Moving down the open hall to the Formal Library/Office with built in wood cabinets, this special room has tall ceilings and a Loft for more books and memorabilia. It also has a private view patio off the Library w/water, canal and park views. There are two more bedrooms down the hall, sharing an adjacent full bath. There is also a guest bedroom w/ bathroom and a tub shower. Next is the dedicated gym on the water’s edge, c/w a steam shower and Sauna.

This special home is truly an amazing opportunity to own one of Naples finest and most desirable locations with a private marina. Enjoy the relaxing Indoor/Outdoor lifestyle of Naples living.

THE NEIGHBORHOOD

Explore the location.

221 Rivo Alto Canal, Long Beach, CA 90803

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1976
Full baths
3
Garage spaces
2
Cooling
None
Heating
Central
Appliances
SixBurnerStove,BuiltInRange,Barbecue,DoubleOven,Dishwasher,GasCooktop,Disposal,GasRange,Microwave,Refrigerator,RangeHood,WaterHeater,Dryer,Washer
Flooring
Carpet,Tile,Wood
Utilities
CableAvailable,ElectricityConnected,NaturalGasConnected,PhoneConnected,SewerConnected,WaterConnected,OverheadUtilities
Fencing
Masonry,StuccoWall
Accessibility
LowPileCarpet,AccessibleDoors
Pool
Yes
Pool features
InGround,Private
Spa
Yes
Subdivision
Naples (NA)
Parcel
7243020005
Elementary school
Naples Bayside
Middle school
Rogers
High school
Wilson
HOA fee
$0.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$35,416.67
Cap rate

Annual operating income:

HOA: No HOA cost is included because the listing source reports a $0 fee. Confirm current dues and special assessments before relying on this estimate.

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Your property and current assumptions will be included for our team to review.

Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
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Listing information

MLS #PW26062457 · California Regional MLS

Listing brokerage: Vista Sotheby's Int'l Realty
Listing agent: Keith Muirhead

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.