
Long Beach, California 90803
This Turnkey Waterfront Residence on Naples Island is a Prime Investment Opportunity listed at $3,799,000—positioned well below the $3,895,269 Fair Market Value by 2%. This valuation gap offers $96,269 in Instant Equity for a property in Excellent Condition. Rebuilt in 2017, the Modern Farmhouse features a private boat dock, vaulted beamed ceilings, and a gourmet kitchen. Zoned for the 10/10 Naples Elementary School, this coastal sanctuary offers a premier lifestyle. It is the perfect acquisition for Luxury Homeowners or Boating Enthusiasts.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 111 Rivo Alto Canal Subject | $3,799,000* List Price | 3 | 3 | 2,502 | $1,557 | - |
A 85 Rivo Alto Canal Sold | $3,695,000 | 4 | 4 | 2,363 | $1,564 | 0.1 mi |
B 90 Rivo Alto Canal Active | $3,498,000 List Price | 4 | 3 | 2,600 | $1,345 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Rebuilt in 2017, this property is well within the 10-year window for excellent condition. It features high-end designer finishes including a modern farmhouse aesthetic, vaulted beamed ceilings, and a gourmet kitchen with premium Big Chill Retro appliances and custom cabinetry. All major systems, including central HVAC and electrical, are modern and show no signs of deferred maintenance.
Elementary School: Naples Elementary School (10/10).
Situated on the desirable Rivo Alto Canal with coveted southern exposure and a private boat dock, this property offers the pinnacle of the Naples Island waterfront lifestyle.
Rebuilt in 2017, the home features a sophisticated modern farmhouse aesthetic with premium architectural details, vaulted beamed ceilings, and high-end Big Chill Retro appliances.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2573, living area = 2502.
While considered oversized for the area, the 2,573 sqft lot offers very little traditional yard space or privacy from neighboring canal-front homes.
At a list price of nearly $3.8M for a 3-bedroom residence, the property commands a significant market premium that may limit the pool of qualified buyers.
Experience Coastal Living at its finest on picturesque Naples Island, where seamless indoor-outdoor design meets tranquil canal-front living. Ideally situated on an oversized lot with coveted southern exposure and private boat dock, this 3-bedroom 2.5-bath canal home was rebuilt in 2017 & offers a refined rustic, modern Farmhouse aesthetic with incredible architectural details throughout a light and airy floor plan. Entertain year round on the expansive, front terrace with built in firepit and ample space for dining and enjoying sunset and canal views. Inside, the Great Room features gorgeous, beamed ceilings, coffered wood siding, unique tile flooring, an inviting fireplace all flowing into a thoughtfully designed kitchen accented by midnight blue lacquered cabinetry & fun red Big Chill Retro appliances. A Farmhouse sink anchors clean quartz counters & custom glass faced cabinetry centered around a generous wood block island with booth seating intended for easy family living and entertaining. A beautiful office nook, powder room & awesome custom dog house under the stairs complete the first level, complementing the contemporary staircase framed by a spectacular reclaimed wood accent wall. The upper-level features 2 spacious bedrooms with warm wainscoting, lovely full bath, laundry room, and wonderful details such as the porthole light fixtures illuminating the hallway. The luxurious primary retreat offers impressive gable ceilings, a dual sided fireplace for cozy nights and sublime en suite bath with soaking tub, double sinks, walk in shower with stunning glass subway alongside a private deck with beautiful water views. Additional features include a large 2 car garage with parking pad & separate golf cart garage/storage, central heat & air conditioning, recessed lighting and don’t forget the boat slip! This exceptional canal home blends thoughtful design, modern comfort and the best of Naples Island living.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 6-8 • 0.9 mi
Grades 9-12 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,502 | 2,140 | 65% |
| Lot Size | 2,573 | 3,060 | 33% |
| Price | $3.80M | $1.89M | 93% |
| Price per sq ft | $1.5K | $918 | 90% |
| Built year | 2017 | 1947 | 97% |
| HOA | $0 | $0 | 50% |
| Days on market | 28 | 187 | 1% |
Mar 25, 2026
$3,799,000
Initial Listing
Jun 24, 2019
$3,125,000
Public Record
Nov 21, 2016
$1,690,000
Public Record