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Experience an unparalleled waterfront lifestyle with this extraordinary Punta Gorda compound—an estate unmatched in privacy, land, and luxury throughout the surrounding area. Set on just under 2 acres with no deed restrictions, this private gated property offers resort-style living, exceptional boating amenities, and expansive grounds rarely found in Southwest Florida. Located on a quiet dead-end canal with minimal boat traffic and an easy idle-out to Charlotte Harbor, the setting is peaceful, private, and ideal for boating enthusiasts, and the home itself has never flooded. Built by Arthur Rutenberg and pristinely maintained by its original owner, the residence spans 3,279 sq ft with an open layout designed for elevated entertaining. The updated kitchen features Bosch black stainless appliances and generous workspace, while the living room showcases a Lake Como–inspired mural that enhances the Mediterranean feel of the home. The primary suite offers a spa-inspired bath featuring a stunning rain shower, an electric bidet, separate vanities, and a beautiful stone soaking tub framed by elegant rain glass, all positioned to capture serene morning sunrise views to begin your day. The kitchen, family room, and primary suite were all refreshed in 2022. The one-of-a-kind den is custom-built with five different woods, creating a warm, rich, and distinctive statement space ideal for an executive office or optional additional bedroom. Outdoor living defines this compound, featuring an open-air heated saltwater pool and spa, a private shell beach and firepit, and luxurious landscaping that adds a park-like setting, along with multiple seating areas both under-truss and within a charming gazebo off the guest room surrounded by a garden—perfect for enjoying expansive sunset views and watching boaters move through Buckley’s Pass. For boaters, the property offers two 40-foot docks, a boathouse over the boat lift with power and water, and a private boat launch—an exceedingly rare amenity in the area—along with smooth idle-speed access to Charlotte Harbor. Additional features include a 3-car epoxy-floor garage, impact windows and doors, a clay roof, an updated water heater and pool pump, and low Charlotte County taxes. With nearly 2 acres of usable land, the estate also provides ample space to add a pickleball court, tennis court, basketball court, or a full guest house for enhanced future value. This remarkable offering is more than a home—it's a private coastal compound delivering unmatched land, luxury, privacy, and boating amenities, standing alone as one of the most distinctive properties in all of Southwest Florida.
Property Details
Price: $2,950,000
Sq Ft: 3,279
($900 per
sqft)
Bedrooms: 3
Bathrooms: 3
City: Punta Gorda
County: Charlotte
Type: Single Family
Development: Punta Gorda Isles
Acres: 1.9300
Virtual Tour/Floorplan:
View
Year Built: 2002
Listing Number: 2026011546
Status Code: A-Active
Taxes: $8,995.56
Tax Year: 2025
Garage:
3
/
Y
Furnishings: Unfurnished
Pets Allowed: Yes
Financial Information:
Taxes: $8,995.56
Tax Year: 2025
Exterior Features:
Boat Canopy/ Cover
Boat Dock Private
Boat Lift
Boat Ramp
Composite Dock
Elec Avail at dock
Water Avail at Dock
Equipment:
Cooktop
Dishwasher
Dryer
Microwave
Refrigerator/ Freezer
Washer
View:
Y
Waterfront Description:
Canal Front
Additional Information:
Building Description: Ranch, Contemporary, Single Family
Community Type: Boating
MLS Area: Punta Gorda Isles
Total Square Footage: 4,273
Total Floors: 1
Water: Central
Construction: Concrete Block, Stucco
Date Listed: 2026-03-11 00:00:00
Pool: Y
Pool Description: Below Ground, Concrete, Electric Heat
Private Spa: Y
Furnished: Unfurnished
Parking: Driveway Paved, Attached
Garage Description: Y
Garage Spaces: 3
Attached Garage: Y
Flooring: Carpet, Tile, Wood
Roof: Tile
Heating: Central Electric
Cooling: Ceiling Fan(S), Central Electric
Fireplace: Y
Storm Protection: Impact Resistant Doors, Impact Resistant Windows
Laundry: Laundry In Residence
Irrigation: Central
55+ Community: Y
Pets: Yes
Restrictions: None
Maintenance: None
Rear Exposure: Sw
Lot Desc.: Oversize
Map of 5566 River Bay Dr, Punta Gorda, FL 33950
Listing Courtesy Of: Coldwell Banker Sunstar Realty
ryan@finnegan-realtor.com