Welcome home to this one-of-a-kind WATERFRONT property with a DETACHED GUEST SUITE and 3rd car garage, located in the highly desirable Palm Shores community where the sun shines year round and outdoor living is at its finest. Situated on a rare DOUBLE LOT(. 43acres) on a private cul-de-sac with mature landscaping, this home boasts 160 FEET OF WATER FRONTAGE on a 60 FOOT WIDE, DEEP SALT WATER CANAL with DIRECT ACCESS by power or sailboat to the Peace River, Charlotte Harbor, and the Gulf of Mexico. Offering prime water access, this is an ideal spot for boating, fishing, and savoring waterfront living, with some of the BEST waters for boating and fishing right outside your door. The outdoor features are exceptional, including a 65-foot updated wood dock with a boat lift and canopy, ideal for docking your boat and enjoying the water at a moments notice. This home epitomizes waterfront living, offering unparalleled access to Florida's waterways.
The detached 744 sq. ft. Guest Suite built in 2020, offers endless possibilities. The one-bedroom, one-bathroom suite has its own kitchen, in-suite laundry, and one-car garage. Whether for guests, a private office, workshop, or rental, this versatile space adds value to the property. The guest suite includes vaulted ceilings, a French-door entrance, and a charming paver patio overlooking the water. With its own hot water, A/C, and septic system, the detached space provides comfort and privacy, ideal for family or generating rental income.
The main house, built by Fero Homes, is a ONE OWNER property thoughtfully renovated to blend modern luxury with timeless charm. Featuring newer IMPACT WINDOWS throughout for both peace of mind and an abundance of natural light, the home has NEW luxury vinyl plank flooring and ceramic tile throughout. The open-concept, SPLIT FLOOR PLAN invites relaxation and entertaining, with a WOOD-BURNING FIREPLACE adding warmth and character to the living space.
The updated kitchen and living areas flow seamlessly, with vaulted ceilings adding openness and airiness. Freshly painted in neutral tones, the home creates a calm, welcoming atmosphere. A WHOLE HOME REVERSE OSMOSIS SYSTEM, installed in 2024, ensures pristine water quality for both buildings. The roof, replaced in 2020, provides additional peace of mind.
Step through the French doors into a spacious, nearly 400 sq. ft. screened lanai that expands your living space outdoors. This tranquil area is perfect for relaxing while taking in the water views and some of the best sunsets Florida has to offer. The private master suite is a serene retreat with a newly updated en-suite bathroom, walk-in closets, and direct access to the lanai, offering a perfect spot to savor the natural surroundings.
This home is ideal for those seeking a peaceful, water-centric lifestyle with the convenience of modern living. The Palm Shores community offers easy access to local amenities and downtown Punta Gorda, full of dining options and events year-round. The community also features a nature preserve just a short walk away, offering residents nature trails, wildlife, and tranquility. For golf enthusiasts, the community golf course provides additional outdoor recreation.
With updated features, a private dock, a detached guest suite, and versatile living spaces, this home offers endless charm, character, and the ultimate outdoor enthusiast’s paradise.
Don’t miss the chance to own this waterfront gem—schedule your private tour today!
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NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $460,800 | $460,800 | $460,800 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 7.250% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.295% | 7.408% | 6.623% |
Monthly Tax Payment | $378 | $378 | $378 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,104 | $3,143 | $3,982 |
Total Monthly Payment | $3,574 | $3,613 | $4,452 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.