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Land with Home for Sale in Punta Gorda, Florida

5566 River Bay Dr, Punta Gorda, FL 33950

$2,950,000
2 acres
Active
ago
Est $16,018/mo

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.

3,279
Sq feet
3
Beds
3
Full baths
2002
Built

Location

Street address
5566 River Bay Dr
Coordinates
26.8867, -82.059

Property details

Acreage
1.93 acres
Source
CBSCHMIDT
Posted

Parcels

  • 412225203002

Details and features

Listing

Type
Residential
Subtype
Single Family Residence
Franchise
Prudential Real Estate

Exterior

Features
Block, Stucco

Structure

Heating
Central, Electric
Cooling
Central Air
Roof
Tile

Interior

Rooms
Bathroom x 3, Bedroom x 3
Features
Ceiling Fans(s), Dishwasher Appliances, Dryer Appliances, Eat-In Kitchen, Freezer Appliances, High Ceilings, Microwave Appliances, Open Floorplan, Partially, Range Appliances, Refrigerator Appliances, Thermostat, Walk-In Closet(s), Washer Appliances

Listing history

DateEventPriceChangeSource
Mar 1, 2026New listing$2,950,000CBSCHMIDT
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This 1.93-acre property is located at 5566 River Bay Dr in Punta Gorda, FL 33950. The property is available for sale for $2,950,000. It has a 3,279 sq ft 3 bedroom, 3 bath house built in 2002.

Checked 2 hours ago — Updated

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