Listing Details for MLS #D6146409 - 534 Canal Way, Punta Gorda, Fl 33950

Residential Property - Single Family Residence in Punta Gorda

Listing Price: $1,195,000Days on Market: 8Cumulative Days on Market: 219

Description of Property

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.The average asking price for a 4 bedroom/3 bath single family residence in this Zip code is $1,147,269. This single family residence is listed at about 104% of the average asking price. There are 6 4 bedroom/3 bath homes between $1,000,000 and $1,400,000 currently listed for sale in this Zip code. See other listings like this one »