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$975,000
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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.
Full Property Details
Full Property Details for 534 Canal Way
General
- Sold For: $975,000
- Taxes: $12,127 (2025)
- Status: Closed
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: D6146409
- Added to Site: 83 day(s) ago
Interior
- Number of Rooms: 14
- Interior Features: Built-in Features, Ceiling Fan(s), Coffered Ceiling(s), Crown Molding, Eating Space 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
- Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Washer
- Furnishings: Unfurnished
- Flooring: Brick/Stone, Ceramic Tile, Luxury Vinyl
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
Additional Information
- Pool: Yes
- Private Pool: Yes
- Pool Description: Child Safety Fence, Gunite, Heated, Salt Water, Screen Enclosure
- Spa: Yes
- Spa Description: Heated
- Security/Safety: Security System
Exterior
- Exterior Features: Balcony, Hurricane Shutters, Irrigation System, Lighting, Rain Barrel/Cistern(s), Rain Gutters, Sliding Doors
- Deck/Patio: Front Porch
- Porch/Patio/Deck: Front Porch
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Garage Door Opener
Location
- Area: 33950 - Punta Gorda
- County: Charlotte
- Development Name: 33950 - Punta Gorda
- Subdivision: RIO VILLA 1ST ADD
- Driving Directions: 41 South. Right onto Rio Villa Drive. Left onto Palm Drive. Right onto Canal Way. Last house on the right.
- Direction Faces: East
School Information
- Elementary School: Sallie Jones Elementary
- Middle School: Punta Gorda Middle
- High School: Charlotte High
Community
- Community Name: 33950 - Punta Gorda
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Sewer: Septic Tank
- Water: Public
- Utility Description: BB/HS Internet Available, Cable TV Available, Electricity Available, Phone Available, Water Available
Structural Information
- Exterior Const.: Block, Cement Siding, Concrete, Stucco, Wood Frame
- Roof: Metal
- Windows: Shutters
- Stories/Levels: Two
- Square Feet: 4,113
- Sq. Ft. Source: Public Records
- Living Area: 4,113 Sq. Ft.
- Year Built: 2007
Additional Structures
- Other Structures: Gazebo
Lot Features
- Lot Size (Acres): 0.27
- Lot Size (Sq. Ft.): 11,600
- Lot Size: 11600
- Lot Dimensions: 145 x 80
- Frontage: Street Paved
- Street/Road Desc.: Paved, Asphalt
Water Features
- Water Front: Yes
- Water Access: Yes
- Water Access Desc: Canal - Saltwater, Gulf/Ocean, Gulf/Ocean to Bay
- Water Extras: Yes
- Water Front Desc.: Saltwater Canal
Green Features
- Energy Generation: Solar
Financial Considerations
- Tax Amount: $12,127.79
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: RIO VILLA 1ST ADD BLK D LT 20 107/432 767/1915 1041/2119 3461/952 DC5049/1054-DJN AFF5049/1056 AFF5049/1057 5049/1069 3355002
- Flood Zone Info: AE
- APN: 412319177001
- Property ID: 412319177001
- Block/Lot/Section: D
Listed by Century 21 Sunbelt Realty
Sold by Re/Max Harbor Realty
Get Pre-Approved Today
Schools
Schools serving 534 Canal Way
School District:Charlotte County School District
| Name | Grades | Distance |
|---|---|---|
Sallie Jones Elementary School 1230 Narranja Street, Punta Gorda, FL 33950 | PK-5 | 2.1 mi |
Punta Gorda Middle School 1001 Education Avenue, Punta Gorda, FL 33950 | 6-8 | 2.3 mi |
Charlotte High School 1250 Cooper Street, Punta Gorda, FL 33950 | 9-12 | 2.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 534 Canal Way
Date
Details
Price
Change
Source
5/22/2026
Sold
$975,000
-2.5%
MLS
5/06/2026
Price Reduced
$1,000,000
-8.68%
MLS
3/31/2026
Price Reduced
$1,095,000
-8.37%
MLS
3/06/2026
Listed
$1,195,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
534 Canal Way, Punta Gorda, FL 33950 (MLS# D6146409) is a Single Family property that was sold at $975,000 on May 22, 2026. Want to learn more about 534 Canal Way? Do you have questions about finding other Single Family real estate for sale in Punta Gorda? You can browse all Punta Gorda real estate or contact a Coldwell Banker agent to request more information.

