5566 RIVER BAY DRIVE, Punta Gorda, FL, 33950 | $2,950,000

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.

Features

  • Rooms: 6
  • Bedrooms: 3
  • Baths: 3 full
  • Laundry: Inside
  • Style: Contemporary
  • Year Built: 2002
  • Garage: 3-car Driveway, Off Street
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 3,279
  • Acreage: 1.93
  • Est. Taxes: $8,996
  • Lot Desc: Landscaped
  • View: Water
  • Pool: Gunite, In Ground
  • Appliances: Dishwasher, Dryer, Freezer, Microwave, Range, Refrigerator, Washer
  • MLS#: C7522109
  • Days on Market: 4 days
  • Website: https://www.raveis.com
    /eprop/C7522109/5566riverbaydrive_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 4/10/2026 6:47:12 PM)
Listing courtesy of COLDWELL BANKER SUNSTAR REALTY   Phone: 941-225-4663

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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

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5566 RIVER BAY DRIVE, Punta Gorda, FL, 33950

$2,950,000

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 $2,360,000 $2,360,000 $2,360,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.750% 6.125% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.251% 6.235% 6.183%
Monthly Tax Payment $750 $750 $750
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $13,772 $14,340 $19,915
Total Monthly Payment $14,647 $15,215 $20,790

* 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.