
$2,650,000
5566 River Bay Drive
Punta Gorda, FL 33950
Listing updated: May 11, 2026 at 8:48 PM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Garage spaces
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
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
- Status: ActiveMar 1, 2026
- Listed$2,950,000Mar 1, 2026
- 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
| Room | Level | Dimensions |
|---|---|---|
| Living Room | First | 18x19 |
| Primary Bedroom | First | 14x22 |
| Kitchen | First | 13x16 |
| Den | First | 13.6x13.6 |
| Bedroom 2 | First | 14x18 |
| Bedroom 3 | First | 14x16 |
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
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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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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