5186 FORBES TERRACE, Port Charlotte, FL, 33981 | $815,000

Experience the ultimate in luxury waterfront living in this stunning four-bedroom, two-bath saltwater canal home offering breathtaking, unobstructed views of the Myakka River. Designed for both elegant entertaining and relaxed coastal living, this exceptional residence showcases high-end finishes, expansive indoor-outdoor spaces, and spectacular water views from nearly every room. A grand double-door entry welcomes you into an unsurpassed interior featuring marble flooring throughout and upgraded modern lighting that enhances the home’s sleek contemporary design. The open floor plan includes a formal dining room and an expansive living room centered around a large sectional conversation area, seamlessly connecting to the lanai, pool, and waterfront through oversized impact sliding glass doors. The dining nook is surrounded by two walls of impact sliders, creating a seamless transition to the outdoor living area while capturing incredible water views. The gourmet kitchen is a true showpiece, featuring granite countertops with a dramatic waterfall edge, a farmhouse sink, breakfast bar, modern wood cabinetry, stainless steel appliances, built-in oven and microwave, pantry, and stylish pendant lighting. A floating Wi-Fi-enabled exhaust hood adds both convenience and contemporary flair. Wake up to beautiful waterfront views from every bedroom. The luxurious primary suite offers private access to the lanai and pool area along with a spa-inspired ensuite featuring dual sinks, marble countertops, a soaking tub, separate walk-in shower, private water closet, and heated lighted mirrors designed to eliminate moisture after a relaxing steamy shower. The guest bath is equally impressive with a glass-enclosed shower, heated lighted mirror, and direct pool access for effortless indoor-outdoor convenience. Step outside to your private screened lanai and resort-style pool area, complete with both covered seating and sun-drenched lounging spaces. The outdoor kitchen with sink and cabinetry makes entertaining effortless while you enjoy the tranquil waterfront setting.
Follow the path to your impressive 12’ x 30’ dock and boat lift, or simply relax and take in the panoramic views of the Myakka River. This extraordinary property truly feels like the kind of home featured in luxury waterfront living magazines.
Come experience this remarkable waterfront retreat for yourself.

Features

  • Rooms: 9
  • Bedrooms: 4
  • Baths: 2 full
  • Laundry: Electric Dryer Hookup, Inside, Washer Hookup
  • Year Built: 1998
  • Garage: 2-car
  • Heating: Central, Electric
  • Cooling: Central Air, Humidity Control
  • Approx Sq. Feet: 2,485
  • Acreage: 0.24
  • Est. Taxes: $16,795
  • Water Front: Yes
  • Pool: Gunite, In Ground
  • Pet Policy: Yes
  • Appliances: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range Hood, Refrigerator, Washer
  • MLS#: D6147561
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/D6147561/5186forbesterrace_portcharlotte_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 6/13/2026 1:18:09 AM)
Listing courtesy of KELLER WILLIAMS ISLAND LIFE REAL ESTATE   Phone: 941-254-6467

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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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5186 FORBES TERRACE, Port Charlotte, FL, 33981

$815,000

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 $652,000 $652,000 $652,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.125% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.312% 6.235% 6.223%
Monthly Tax Payment $1,400 $1,400 $1,400
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,857 $3,962 $5,502
Total Monthly Payment $5,349 $5,454 $6,994

* 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.