534 CANAL WAY, Punta Gorda, FL, 33950 | $1,095,000

Experience the ultimate Southwest Florida waterfront lifestyle with this exceptional sailboat access canal home in Punta Gorda, offering over 4, 100 square feet under air and designed for both luxury living and effortless boating.

This impressive 4-bedroom, 3. 5-bathroom waterfront home features a bi-level layout with expansive living spaces, soaring vaulted ceilings, and stunning water views from multiple areas of the home. The great room creates a bright and open atmosphere, perfect for entertaining or relaxing while overlooking the pool and canal.

At the heart of the home is the chef-inspired kitchen, thoughtfully designed with two large islands, granite countertops and backsplash, wood cabinetry, stainless steel appliances, and elegant pendant lighting over the bar. The generous layout provides abundant prep space and seating, making it ideal for gatherings and everyday living.

The first-floor primary suite is a true retreat, featuring beautiful views of the pool and sailboat-access canal, along with two spacious walk-in closets with custom built-ins. The luxurious ensuite bathroom offers a soaking tub, walk-in shower with rain-glass door, and dual-sink vanity, creating a spa-like experience at home. A second bedroom on the main level provides flexibility for guests or a home office. The adjacent bathroom also serves as a pool bath and includes additional storage and a rain-glass shower door. A convenient half bath off the kitchen adds extra functionality for guests.

Upstairs, the third and fourth bedrooms share access to a walkout terrace overlooking the pool and canal, providing a private space to enjoy beautiful Florida sunsets and tranquil water views.

Outdoor living is where this property truly shines. The large screened lanai features a sparkling pool, spa, and separate hot tub, creating the perfect setting for relaxing or entertaining year-round. Boating enthusiasts will appreciate the private dock and 9, 000-lb boat lift, with quick 10–15 minute sailboat access to Charlotte Harbor and the Gulf beyond.

Additional highlights include an 868-square-foot garage, hurricane impact windows, a durable metal roof, and 35 paid solar panels on the south and west sides of the home that keep electric costs remarkably low—a basic monthly electric charge from FPL of approximately $30. The property sits on a rare tip lot, providing excellent water frontage and scenic canal views. With no deed restrictions, there is plenty of flexibility to park RVs, boats, or trailers in the driveway.

Ideally located just 10 minutes from historic downtown Punta Gorda, you’ll enjoy easy access to waterfront dining, boutique shopping, marinas, parks, and entertainment while still enjoying the privacy of a peaceful canal setting.

This property offers the rare combination of luxury waterfront living, quick sailboat access, energy efficiency, and no HOA restrictions—a true gem for those seeking the Florida boating lifestyle.

Features

  • Rooms: 14
  • Bedrooms: 4
  • Baths: 3 full / 1 half
  • Lot Size: 145 x 80
  • Laundry: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
  • Year Built: 2007
  • Garage: 2-car Garage Door Opener
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 4,113
  • Acreage: 0.27
  • Lot Size: 145 x 80
  • Est. Taxes: $12,128
  • Lot Desc: Tip Lot
  • Elem. School: Sallie Jones Elementary
  • Middle School: Punta Gorda Middle
  • High School: Charlotte High
  • Pool: Child Safety Fence, Gunite, Heated, Salt Water, Screen Enclosure
  • Pet Policy: Yes
  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • MLS#: D6146409
  • Days on Market: 36 days
  • Website: https://www.raveis.com
    /eprop/D6146409/534canalway_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 4/14/2026 4:47:07 PM)
Listing courtesy of CENTURY 21 SUNBELT REALTY   Phone: 941-625-6120

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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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534 CANAL WAY, Punta Gorda, FL, 33950

$1,095,000

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 $876,000 $876,000 $876,000
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 6.263% 6.223% 6.164%
Monthly Tax Payment $1,011 $1,011 $1,011
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,112 $5,323 $7,392
Total Monthly Payment $6,248 $6,459 $8,528

* 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.