Property
ActiveResidential
1/60
$2,650,000

5566 RIVER BAY DRIVE

Punta Gorda, FL 33950
3
Beds
3
Baths
3,279
SqFt
1.93
Acres
STELLAR
#C7522109
Updated: May 11, 2026, 11:08pm

Property Description

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.
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Included Appliances
DishwasherDryerFreezerMicrowaveRangeRefrigeratorWasher

Property Details

Highlights
View
Yes
Waterfront
Yes
Interior
Appliances
DishwasherDryerFreezerMicrowaveRangeRefrigeratorWasher
Bathrooms Total Decimal
3
Building Area Total
4273
Cooling
Central Air
Fireplace Features
Electric
Flooring
CarpetTileHardwood
Furnished
Partially
Heating
CentralElectric
Interior Features
Ceiling Fan(s)Eating Space In KitchenHigh CeilingsOpen FloorplanThermostatWalk-In Closet(s)
Laundry Features
Inside
Living Area
3279
Rooms Total
6
Construction
Architectural Style
Contemporary
Building Area Source
Public Records
Building Area Units
Square Feet
Construction Materials
BlockStucco
Direction Faces
Northeast
Foundation Details
Slab
Levels
One
Living Area Source
Public Records
Living Area Units
Square Feet
Roof
Tile
Stories Total
Yes
Year Built
2002
Site & Exterior
Covered Spaces
3
Exterior Features
GardenIrrigation SystemPrivate EntrancePrivate YardRain Gutters
Flood Zone Code
AE
Garage Dimensions
41x22
Garage Spaces
3
I D X Participation
Yes
Lot Features
Landscaped
Lot Size Acres
1.93
Lot Size Area
1.9299
Lot Size Square Feet
84065
Lot Size Units
Acres
Open Parking
Yes
Parking Features
DrivewayOff Street
Pool Features
GuniteIn Ground
Public Survey Range
22E
Public Survey Section
25
Road Frontage Type
Street Paved
Road Surface Type
Paved
Sewer
Public Sewer
Spa Features
HeatedIn Ground
Total Acreage
1 to less than 2
Utilities
Electricity ConnectedSewer ConnectedWater Connected
Vegetation
Trees/Landscaped
View
Water
Water Access
Yes
Water Body Name
BUCKLEYS PASS
Water Extras
Yes
Water Source
Public
Water View
Yes
Waterfront
Yes
Waterfront Features
Canal - Saltwater
Waterfront Feet Total
440
Zoning
MHC
Financials
Calculated List Price By Calculated Sq Ft
808.17
Contract Status Change Date
2026-03-01
Current Price
2650000
Feed Types
BBO
Lease Considered
Yes
Minimum Lease
No Minimum
Owner Name
MICHAEL R & KATHLEEN A MARKGRAF
Ownership
Fee Simple
Parcel Number
412225203002
Public Survey Township
41S
Tax Annual Amount
8995.56
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
Tax Lot
Yes
Tax Year
2025

Neighborhood & Lifestyle

Community & Association
M L S Area Major
33950 - Punta Gorda
S W Subdiv Community Name
Punta Gorda
Subdivision Name
2000 MIDWAY ESTATES
Listing provided courtesy of STELLAR via IDX. Updated: May 11, 2026, 11:08pm.
Ryan Finnegan

Listing Agent

COLDWELL BANKER SUNSTAR REALTY

Call Agent