698 MONACO DRIVE, Punta Gorda, FL, 33950 | $1,470,000

Under contract-accepting backup offers. Experience the pinnacle of waterfront luxury in this custom built West Coast Builders home, perfectly positioned to capture striking intersecting canal views. Experience a true sense of arrival as you approach this stately 2020 built residence with tasteful design elements and an expansive paver circular drive to welcome you home. This well appointed residence blends architectural craftsmanship with refined coastal living. Step inside through a stylish glass double-door entry to a grand open plan boasting dramatic custom crafted ceiling details including an illuminated custom coffered design to anchor the main living space. Ten foot disappearing sliding glass doors open to reveal a breathtaking indoor-outdoor sanctuary showcasing panoramic water views. A softly illuminated wood wrapped TV feature wall is a great surround for your wall mounted TV. The gourmet kitchen is an entertainer’s dream, showcasing custom maple wood cabinetry, designer omicron silver granite counters, a coordinating wood paneled breakfast bar, and premium stainless KitchenAid appliances—all set beneath a stepped, illuminated ceiling with wood cloud accent panel. The family chef will enjoy this sleek workspace, complete with an induction cooktop, conventional/convection wall oven/microwave, granite sink, specialized drawer storage, and many more tasteful features. An adjacent 15’ x 14’ dining area features a 63” picture-window view that creates a postcard-perfect dining experience. Retreat to a luxurious primary suite highlighted by rich engineered hand scraped hardwood flooring, tray ceiling with substantial wood cross beams, and 10’ sliders to the lanai. The spa-inspired bath impresses with leathered taj mahal quartzite counters, customized floating vanities with unique storage features, walk-through shower with dual rainheads/ handhelds, oversized freestanding tub, and discreet TV integrated behind vanity mirror. Guests will enjoy their own private wing with two bedrooms and baths including a lavish suite with sliders overlooking the water that lead to the lanai, and fabulous ensuite bath. Outside, the Florida lifestyle unfolds across a resort-style oasis featuring a saltwater PebbleTec heated pool, submerged spa, impressive 63’ picture-window cage, and a cedar-lined covered lanai with outdoor kitchen and cooling mist system. Multiple sunny outdoor seating areas are available from this southwest facing lanai—including an incredible open-air waterfront paver patio with a firepit—truly a great place to relax, unwind, and entertain. A 45’ concrete dock with 10, 000 lb lift makes boating effortless from your 78’ seawall. Impact glass windows and doors, fully shuttered lanai, and full home automation provide convenience and peace of mind. The oversized 3 car-garage offers space for cars or recreational vehicles - complete with an epoxy floor, bicycle hoist, and ample overhead storage. Other standout features include wiring for two EV charging stations, wiring for a 50 amp generator, and a desirable 11. 2’ finished elevation. Why build when you can buy this builder's custom built home with all of the bells and whistles? Seller may be interested in a potential leaseback.

Features

  • Rooms: 13
  • Bedrooms: 3
  • Baths: 3 full
  • Lot Size: 81.6 x 120 x 78.4 x 120
  • Laundry: Inside, Laundry Room
  • Style: Florida
  • Year Built: 2020
  • Garage: 3-car Circular Driveway, Driveway, Garage Door Opener, Ground Level, Other, Oversized
  • Heating: Central, Electric
  • Cooling: Central Air, Other
  • Approx Sq. Feet: 2,549
  • Acreage: 0.22
  • Lot Size: 81.6 x 120 x 78.4 x 120
  • Est. Taxes: $10,152
  • HOA Fee: $50 Annually
  • Lot Desc: City Lot, Landscaped, Level, Near Golf Course
  • View: Pool, Water
  • Pool: Gunite, Heated, In Ground, Lighting, Salt Water, Screen Enclosure
  • Pet Policy: Yes
  • Appliances: Built-In Oven, Convection Oven, Dishwasher, Disposal, Dryer, Microwave, Range Hood, Refrigerator, Washer
  • MLS#: C7517646
  • Days on Market: 63 days
  • Website: https://www.raveis.com
    /eprop/C7517646/698monacodrive_puntagorda_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 2/27/2026 1:07:02 AM)
Listing courtesy of CALENDA REAL ESTATE GROUP,INC.   Phone: 941-205-8811

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

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698 MONACO DRIVE, Punta Gorda, FL, 33950

$1,470,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,176,000 $1,176,000 $1,176,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.250% 5.750% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.069% 5.858% 5.806%
Monthly Tax Payment $846 $846 $846
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,494 $6,863 $9,687
Total Monthly Payment $7,465 $7,834 $10,658

* 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.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.