5566 River Bay Drive, FL
Stellar MLS

$2,650,000

5566 River Bay Drive

Punta Gorda, FL 33950

Listing updated: May 11, 2026 at 8:48 PM ET

Active
3
Beds
3
Baths
3,279
Sq Ft
1.93
Acres
2002
Built
WaterfrontWater accessPrivate poolFireplace3-car garage1.93 acres$808/sqft
Single Family Residence

Property type

2002

Year built

84,065 sqft

Lot size

$808

Price / sq ft

No HOA

HOA dues

71

Days on market

3

Garage spaces

AE

Flood zone

About this home

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.

Estimated monthly payment

Principal & interest$13,400
Property taxes$750
Home insurance (est.)$1,215

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history71 days on market

  1. Status: Active
    Mar 1, 2026
  2. Listed$2,950,000
    Mar 1, 2026
  3. Price reduced$2,650,000

Facts & features

Property type
Residential
Sub type
Single Family Residence
Status
Active
Days on market
71
Subdivision
2000 Midway Estates
County
Charlotte
Year built
2002
Living area
3,279 sq ft
Price/sq ft
$808
Building area
4,273 sq ft (Public Records)
Lot size
84,065 sq ft
Lot category
1 to less than 2
Flood zone
AE (12015C0243G)
Garage
3 spaces
Pool
Private pool
Annual taxes
$8,996 (2025)
Parcel #
412225203002
Zoning
MHC
MLS #
C7522109

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Interior Details

Bedrooms
3
Full bathrooms
3
Flooring
Carpet, Tile, Wood
Appliances
Dishwasher, Dryer, Freezer, Microwave, Range, Refrigerator, Washer
Interior features
Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Open Floorplan, Thermostat, Walk-In Closet(s)
Laundry
Inside
Stories / Levels
One
Direction faces
Northeast
Fireplace
Yes

Heating & Cooling

Heating
Central, Electric
Cooling
Central Air

Parking

Garage spaces
3
Attached garage
Yes
Parking features
Driveway, Off Street

HOA & Financial

Total monthly fees
$0/mo
Total annual fees
$0
CDD
No
Homestead exemption
Yes
Min lease term
No Minimum
Listing terms
Cash, Conventional
Ownership
Fee Simple
Available for lease
Yes
Lease restrictions
No

Exterior & Construction

Exterior features
Garden, Private Entrance, Private Yard, Rain Gutters
Construction materials
Block, Stucco
Roof
Tile
Foundation
Slab
Pool
Private pool
Waterfront
Yes
Water access
Yes
Water view
Yes
Road surface
Paved

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
Electricity Connected, Sewer Connected, Water Connected

Room Details

RoomLevelDimensions
Living RoomFirst18x19
Primary BedroomFirst14x22
KitchenFirst13x16
DenFirst13.6x13.6
Bedroom 2First14x18
Bedroom 3First14x16

Listing Details

Listing date
2026-02-28
On market date
2026-03-01
Original list price
$2,950,000
Occupant type
Owner
MLS area
33950 - Punta Gorda
Listing AOR
Port Charlotte
Status changed
2026-03-01
Tax legal description
ZZZ 254122 P1-1 25 41 22 P-1-1 2.03 AC. M/L COMM AT NW COR OF BY THE SEA II PB16/PG36 TH SE ALG PLAT LINE 185.14 FT FOR POB CONT SE 177.86 FT TO C/L OF CANAL TH SW 442.50 FT M/L NW 224.66 FT NE 440 FT M/L TO POB 131/492 310/322 DC 807/1175 839/1851/- 52 1317

Flood risk

High riskFEMA Zone AEPanel 12015C0243G

FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

Rt 41 to Rio Villa Dr. Road turns left and becomes Almar Dr. Veer left onto River Bay Dr. Gated entry at end of River Bay.

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MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information is provided exclusively 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.

Based on information submitted to the MLS GRID as of May 11, 2026 at 8:48 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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