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RARE ACREAGE OPPORTUNITY IN PUNTA GORDA W/PRIVATE TENNIS FACILITY ON 4. 59 ACRES -- This unique, 3 bed/4 bath property w/**NEW ROOF** offers nearly five acres & delivers a lifestyle opportunity unlike anything currently on the market. Zoned rural residential, it offers privacy, space, and versatility—whether you're seeking a private retreat, recreational estate, or long-term development project. The grounds feature four, fenced tennis courts w/two of the courts featuring the overlay for 8 pickleball courts. Property provides a dream setup for the serious player, coach, or anyone envisioning their own at-home racquet sports facility. While current zoning does not allow for income-producing use, the layout and infrastructure provide a compelling starting point should a future buyer want to explore a zoning change. At the heart of the property sits a single-story residence w/cathedral ceilings & an open layout. The main portion of the home offers two large bedrooms - each w/en-suite baths, a spacious great room and a bonus room located just off the master suite that would make a great home office, gym or art studio. A wide lanai spans the back of the home, creating a natural extension of the living space. It's the perfect spot to kick back and relax while overlooking the tennis courts. From the lanai, you'll find the 3rd bedroom w/en-suite bath plus an additional bathroom. The 3rd bedroom was previously used as the pro-shop w/the two bathrooms being used as his & her locker rooms. It’s a rare setup with countless possibilities—guest quarters, studio, home gym, or business office with private entry. A two-car garage adds storage and practicality, while mature palms, native vegetation, and open lawn areas make the exterior both lush and usable. While the property does need cosmetic updates, the structure, layout, and location provide an exceptional canvas for those seeking elbow room, income potential, or a private compound w/an idyllic country setting. This is a property that welcomes vision. Whether your passion is tennis, pickleball, privacy, or you are just interested in acreage with a prime location where you can add gardens, stables, or even a second residence (subject to zoning), this a truly rare offering in Southwest Florida. Located on US17/Duncan Rd & just minutes to US-41 & I-75, you can reach downtown Punta Gorda or historic Arcadia in short order where you'll find plenty of shopping and dining options. This location balances the country feel with convenient access to all the area amenities. Explore the possibilities. There’s nothing else quite like it on the market. Schedule an appointment today.
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William Raveis Mortgage, LLC
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Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $419,200 | $419,200 | $419,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.357% | 6.304% | 5.648% |
| Monthly Tax Payment | $150 | $150 | $150 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,480 | $2,547 | $3,397 |
| Total Monthly Payment | $2,722 | $2,789 | $3,639 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.