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Rare Multigenerational & Investment Opportunity! Discover the flexibility of this beautifully updated Punta Gorda property featuring a 3-bedroom, 2.5-bath main home PLUS a private 1-bedroom, 1-bath apartment/in-law suite with separate living quarters and entry. With 4 bedrooms, 3.5 baths and over 2,700 square feet of living space, this property offers exceptional flexibility for extended family, guests, multigenerational living, or potential rental income. Situated on two lots totaling approximately .75 acres, the property features an oversized side yard, shed, carport, NO HOA and NO deed restrictions—plenty of room for boats, RVs and toys. Conveniently located minutes from Downtown Punta Gorda, Fishermen's Village, I-75 and US 41, with a nearby public boat ramp providing access to the Peace River, Charlotte Harbor and surrounding waterways.
The main home offers 3 bedrooms and 2.5 baths, with the lower level recently refreshed with new drywall, trim, cabinetry and appliances. The spacious kitchen features new soft-close wood cabinetry, built-ins, quartz countertops, new appliances and a walk-in pantry, plus a convenient laundry room, half bath and garage. Wood-look vinyl flooring flows throughout the main living areas, including two spacious guest bedrooms and a generously sized primary suite with an updated tiled shower. Oversized living and dining rooms provide plenty of space for entertaining and everyday living.
A standout feature is the approximately 960-square-foot, two-story attached private living quarters, completed in 2010 and constructed with ICF (Insulated Concrete Forms) for enhanced hurricane protection, energy efficiency and durability. With its own private entrance, the lower level includes a kitchen with cabinetry, refrigerator and sink, spacious living/dining area, fireplace and French doors leading to a paver patio. Upstairs is a private bedroom and ensuite bath. Ideal for an in-law suite, guest apartment, multigenerational living, home office or potential rental.
Additional improvements include a new roof (2024), new septic system (2016), new septic pump (2026), updated electrical and air-conditioning systems, fresh paint and more. Lush landscaping includes palms, fruit trees and a beautiful Poinciana at the front entry. The home sits on a quaint street with the Peace River canal directly across the street, adding to the location and lifestyle appeal. Rare space, flexibility and no HOA or deed restrictions make this a unique Punta Gorda opportunity. Schedule your private showing today!
Property Details
Price: $495,000
Sq Ft: 2,771
($179 per
sqft)
Bedrooms: 4
Bathrooms: 3
Partial Baths: 1
City: Punta Gorda
County: Charlotte
Type: Single Family
Development: Not Applicable
Acres: 0.7500
Virtual Tour/Floorplan:
View
Year Built: 1966
Listing Number: 2026039960
Status Code: A-Active
Taxes: $1,779.00
Tax Year: 2025
Application Fee: $0.00
Garage:
2
/
Y
Furnishings: Negotiable
Pets Allowed: Yes
Interior Features:
Fireplace
French Doors
Pantry
Smoke Detectors
Volume Ceiling
Window Coverings
Amenities:
Community Boat Ramp
Financial Information:
Taxes: $1,779.00
Tax Year: 2025
Exterior Features:
Open Porch/ Lanai
Equipment:
Electric Cooktop
Dishwasher
Dryer
Microwave
Range
Refrigerator/ Freezer
Refrigerator/ Icemaker
Washer
View:
Y
School Information:
Elementary School: Sallie Jones Elementary
Middle School: Punta Gorda Middle School
Junior High: Punta Gorda Middle School
High School: Charlotte High School
Additional Information:
Building Description: Ranch, Two Story, Single Family
Community Type: Boating, Non- Gated
MLS Area: Not Applicable
Total Square Footage: 3,479
Total Rooms: 11
Total Floors: 2
Water: Central
Construction: Concrete Block, I C Fs ( Insulated Concrete Forms), Stucco
Short Sale: No
Date Listed: 2026-09-23 00:00:00
Furnished: Negotiable
Kitchen Description: Walk- In Pantry
Windows: Window Coverings
Parking: Driveway Paved, Guest, Paved, R V- Boat, Attached, Detached Carport
Garage Description: Y
Garage Spaces: 2
Attached Garage: Y
Flooring: Tile
Roof: Shingle
Heating: Central Electric
Cooling: Ceiling Fan(S), Central Electric
Fireplace: Y
Storm Protection: Shutters, Shutters - Manual
Security: Smoke Detector(S)
Laundry: Washer/ Dryer Hookup, Laundry In Residence
Irrigation: None
Pets: Yes
Restrictions: None/ Other
Maintenance: None
Rear Exposure: S
Sewer: Septic Tank
Lot Desc.: Across From Waterfront, Corner Lot, Oversize
Amenities: Community Boat Ramp
Map of 3407 Island View Dr, Punta Gorda, FL 33950
Listing Courtesy Of: Allison James Estates & Homes
sharadansells@yahoo.com