$499,000
3 Bed Waterfront Home for Sale in Edgewater
42364 Edgewater Drive, Punta Gorda, FL, 33982
About this home
Welcome to your lakeside paradise at 42364 Edgewater Drive, located in the highly desirable solar-powered town of Babcock Ranch. This stunning Pulte-built "Mystique" floorplan offers approximately 2,400 square feet of impeccably designed, light-filled living space. Step inside to find a freshly repainted interior that is completely carpet-free, showcasing gorgeous luxury vinyl laminate and tile flooring throughout. The versatile layout features three spacious bedrooms plus a flexible den, ideal for a home office, media room, or extra guest space. The heart of the home is a magnificent gourmet kitchen designed with the chef in mind. It comes fully equipped with a professional-grade gas stove and sleek hood vent, beautifully complemented by rich, wood-colored cabinetry and a striking grey and white brick backsplash. The kitchen flows seamlessly into the highly sought-after extended living room, where large windows frame breathtaking, serene lake views that create the perfect backdrop for both daily living and effortless entertaining. Practicality meets luxury with an upgraded, oversized laundry room complete with a utility sink and a dedicated extra storage closet to keep your home organized. Situated within an exclusive, gated community that features its own sparkling neighborhood pool, this property balances private relaxation with unmatched convenience. Best of all, you are just a short walk or golf-cart ride away from the vibrant dining, shopping, and community events at Founders Square. Experience modern, sustainable luxury at its finest.
Property details
- Type
- SingleFamilyResidence
- Year built
- 2022
- Interior
- 2,397 sqft
- Lot size
- 8,712 sqft
- Acreage
- 0.20 acres
- Garage
- 2 car
- Days on market
- 27
- Total association fees
- $4,392/yr (~$366/mo)
- CDD
- None
- Est. taxes (1.4%)
- $6,986/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- Shutters
- Exposure
- Southeast
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- No
- Spa
- No
- Natural gas
- Yes
- Water
- Public
- Sewer
- Public Sewer
- New construction
- No
- Pets
- Call, Conditional
- County
- Charlotte
Total association fees sums the core association dues the MLS feed provides (HOA, condo/master association, and land lease), normalized to a yearly figure. These are separate from and additional to specialty charges, mandatory club or food-and-beverage minimums, special assessments, and rec-lease fees, which the IDX feed does not carry. Always confirm the full fee schedule with the HOA or listing agent.
Maintenance included in the fee
What the association dues cover, per the MLS. Confirm the full schedule with the HOA.
Amenities
Flood risk shown is an area-level estimate and can differ from a specific unit's actual FEMA designation (which varies by structure and elevation). Look up this address on the FEMA Flood Map and verify with a licensed insurance agent before relying on it.
Based on the $/sqft of 5 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.
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Recently sold nearby
Closed comparable sales within ~1 mile in the last 12 months, similar price, size, beds/baths, and age.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 16422 Willogreen Road 1321 | Mar 2026 | $435,000 | 3/2 | 2,376 | $183 |
| 16602 Ridgeview Circle 4422 | Jan 2026 | $435,000 | 3/2 | 2,376 | $183 |
| 16130 Preservation Boulevard | Dec 2025 | $520,000 | 3/2 | 2,453 | $212 |
| 42288 Saddleback Trail | Nov 2025 | $480,000 | 3/3 | 2,234 | $215 |
| 16088 Preservation Boulevard | Aug 2026 | $570,000 | 3/2 | 2,425 | $235 |
| Average | 5 comps | $488,000 | $206 |
Market trends, Punta Gorda
Median of closed MLS sales each month over the available window. Months with too few sales are omitted; the range extends automatically as more sales close.
Live area medians from the MLS · see all listings. Indicative, not an appraisal.
Price & status history
Down $11,000 (2.2%) from the original list price.
| Aug 11, 2026 | Price reducedfrom $510,000 | $499,000 |
| Jul 15, 2026 | Listed | $510,000 |
The good, the trade-offs & the location
- Built 2022 — post-2002 Florida wind codes (typically lower insurance)
- Lower flood risk (zone X)
- Waterfront
- Storm protection: Shutters
- 2-car garage
Straight-line distances to major SWFL amenities, approximate; actual drive times vary.
Nearby schools
Get more information on their programs, scores, and extracurriculars on each school's page · browse the full schools directory.
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Listing information is provided in part by the Florida Gulf Coast Multiple Listing Service (MLS) through its Broker Reciprocity / Internet Data Exchange (IDX) program. Properties displayed may be listed by brokerages other than SWFL Relocation Team. Data is deemed reliable but is not guaranteed accurate by the MLS or this brokerage and should be independently verified. Fees, flood zones, taxes, square footage, and school assignments are estimates from the feed and must be confirmed. © 2026 SWFL Relocation Team. All rights reserved.