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4 Beds
4 Baths
2,771 sqft

$495,000

3407 Island View DR, Punta Gorda FL, 33950

Price per sqft$178.64
Built in1966
Property size2,771 sqft
Property typeResidential

Overview

Active

Listed Sep 23, 2026

Updated 2 weeks ago

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!

$3,293/mo

Est. mortgage payment based on a $495,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
2026039960

Interior Features

Bedrooms
4
Bathrooms
4
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.75 Acres

Other Property Details

Taxes
$1,779
Tax Frequency
Annually
Secondary Association Fee
Not Listed
Garage
Yes
View
Yes
Pets Allowed
Yes
55+/Senior Community
No

Listed by Sharadan Edmonds, Allison James Estates & Homes

Listing Contact: 941-875-6525 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Nicole Costa shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 9:49 PM UTC, 9/23/2026

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