534 Canal Way, Punta Gorda, FL 33950

$975,000
4
BD
4
BA
4,113
SqFt

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Sold Price
$975,000
List Price
$1,000,000
Status
SOLD
MLS#
D6146409
Closing Date
May 22, 2026
Bedrooms
4
Bathrooms
4
Half-baths
1
Living Area
4,113
Subdivision
Rio Villa

Property Description

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.

Additional Information

Year Built
2007
Construction
Block, Cement Siding, Concrete, Stucco, Frame
Living Area
4,113
Acres
0.27
Interior Features
Built-in Features, Ceiling Fans(s), Coffered Ceiling(s), Crown Molding, Eat-in Kitchen, High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Split Bedroom, Stone Counters, Thermostat, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
Cooling
Central Air
Heating
Central, Electric
Parking
Garage Door Opener
Garage Spaces
2
Garage Description
2 Car Garage
Exterior Features
Balcony, Hurricane Shutters, Lighting, Rain Barrel/Cistern(s), Rain Gutters, Sliding Doors
Waterfront
Yes
Waterfront Description
Canal - Saltwater
Water
Sailboat Water, Boatable Water, Beach View, Beach Access
Sewer
Septic Tank
Pool Description
Child Safety Fence, Gunite, Heated, Salt Water, Screen Enclosure
Stories
2
Pets
Yes

Listing courtesy of CENTURY 21 SUNBELT REALTY. Selling Office: RE/MAX HARBOR REALTY.

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