
5566 RIVER BAY DRIVE, PUNTA GORDA, FL, 33950
Active146 days on marketListed Mar 1, 2026MLS #C7522109
About this home
5566 RIVER BAY DRIVE
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.
Facts & features
The home at a glance
3
Bedrooms
3
Bathrooms
3,279
Sqft
1.93 ac
Lot size
3
Garage
2002
Year built
One
Levels
$808
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$16,203 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$16,203/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
+105.2%
$/sqft vs Punta Gorda actives
$808 vs $209
Days on market
146 vs 59 typical
Where $808/sqft sits among the 400 Punta Gorda actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Punta Gorda
Get to know Punta Gorda. See the full Punta Gorda guide →
PUNTA GORDA 33950 — neighborhood snapshot
Population
24,492
Median age
64.6
Median income
$74,484
Median home value
$393,500
Avg household
1.98
Households w/ children
1,614
For the school run
Charlotte County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Punta Gorda market
$345K → $345K
Punta Gorda median sold, yr/yr
95.0%
Sale-to-list ratio (12 mo)
178 of 400
Punta Gorda actives have cut their price
Median sold price, Punta Gorda, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 874% above the PUNTA GORDA 33950 median. See the full Punta Gorda market guide →
Paper trail
This home's history
Reality check
What actually sold near 5566 RIVER BAY DRIVE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Mar ’26$1,325,000
1700 LOS ALAMOS DRIVE
3 bd · 3 ba · 3,165 sqft · $419/sqft · 121 DOM
Sold · Feb ’26$1,222,000
3813 SAN LORENZO DRIVE
3 bd · 3 ba · 3,408 sqft · $359/sqft · 45 DOM
Sold · Mar ’26$740,000
632 MADRID BOULEVARD
3 bd · 2.5 ba · 3,008 sqft · $246/sqft · 20 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 5566 RIVER BAY DRIVE — start here.

Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 5566 RIVER BAY DRIVE — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
5566 RIVER BAY DRIVE FAQs
What would the monthly payment be for 5566 RIVER BAY DRIVE?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $16,203/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 5566 RIVER BAY DRIVE?+
The most recent tax bill on record (2025) was $8,996. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Punta Gorda?+
At $2,650,000, this home is listed about 668% above the Punta Gorda median of $344,849. The market section on this page shows how the area is trending.
Which schools are assigned to 5566 RIVER BAY DRIVE?+
Punta Gorda Middle School (middle), Charlotte High School (high), East Elementary School (elementary) — Charlotte County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Positioned at the premium end
$2,650,000 runs 874% above the PUNTA GORDA 33950 median — but at 3,279 sqft it's also nearly twice the size of the typical Punta Gorda listing.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Time on market is leverage
146 days on market against a Punta Gorda median of 59 — sellers in this position are usually ready to negotiate.
04The price has already moved
Listed at $2,950,000, now $2,650,000 — a $300K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of COLDWELL BANKER SUNSTAR REALTY · Ryan Finnegan. MLS #C7522109.
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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
Never miss a listing
New Punta Gorda homes, in your inbox
Like 5566 RIVER BAY DRIVE but not quite? A daily digest of every new listing in Punta Gorda — straight from the MLS, hours after it goes live. Unsubscribe anytime.
Just watching this one home? Ask David to ping you on any price or status change →


