tomo logo

$1,465,000

Beds
3
Baths
2.0
sq ft
2,505

490 Sorrento Ct, Punta Gorda, FL 33950

490 Sorrento Ct

PUNTA GORDA, FL 33950

  • 61 days on market
    • Price drop $20,000↓
**Exceptional Waterfront Home in PGI with Spectacular Canal Views!** This custom-built home has 3 bedrooms plus an office, 2 bathrooms, plus an oversized 3-car garage with epoxy flooring. The home was constructed using Insulated Concrete Forms (ICF), a construction method that uses foam blocks to create strong, insulated, energy-efficient walls. This waterfront residence, completed in 2021, offers everything you would expect in a modern luxury home. The layout spans over 2,500 square feet and is designed to maximize water views from every room. An impressive circular driveway leads to the impressive front entryway. Inside, the home features high ceilings, porcelain tile flooring throughout, contemporary light fixtures, and zero-corner sliding glass doors that seamlessly blend indoor and outdoor living. The gourmet kitchen features leathered granite countertops and custom wood cabinetry, a large center island with breakfast bar seating, GE Café appliances, an induction range with a hood, and a spacious walk-in pantry. The large primary suite serves as a perfect retreat, complete with a spa-like bath, two closets, walkout access to the lanai, and views of the pool and canal. The luxurious primary bath includes his and her vanities, a stand-alone soaking tub, and a walk-in tiled shower with dual shower heads. The split bedroom floor plan offers large guest rooms that share a Jack and Jill bath. The office provides a quiet space to read or enjoy the view. The interior laundry room includes additional storage with upper and lower cabinetry and granite countertops. Step outside to your private oasis, featuring a large, covered seating area surrounding the in-ground, heated pool. The sunbathing ledge invites you to relax and take in the view. With southwestern rear exposure, you can enjoy colorful sunsets over the canal basin. The picture frame pool cage ensures an unobstructed view of the canal and the beautiful southwest Florida sunsets. Water and electric hookups are available dockside. Additional amenities include a 4th garage door at the back of the garage for easy access to the dock and canal, whole-house hurricane protection, and a whole-house water treatment system. This meticulously maintained home is in move-in condition and must be seen to be appreciated. Make an appointment today!

Details

Property type

Single Family Residence

Est. home value

$1,512,332

Lot size

0.32 acres

Price per sq ft

$585

Year built

2021

Annual property taxes

$16,608.09

HOA

No

Price History

03/09/2025
StellarMLS

StellarMLS #C7504331

Price change
$1,465,000
-1.35%
01/30/2025
StellarMLS

StellarMLS #C7504331

Listed
$1,485,000
+364.06%
08/01/2017
StellarMLS

StellarMLS #A4158695

Sold
$320,000
-22.89%

Schools & Community

Elementary school: 

Sallie Jones Elementary

Middle school: 

Punta Gorda Middle

High school: 

Charlotte High

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$670,133
Asking price
$1,465,000
Closing costs (~8% of asking)
-$117,200
Est. remaining loan balance
-$677,667
Cash to seller
$670,133

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Keller Mortgage Llc

Loan start date

October 2021

Original loan amount

$733,000

Est. remaining balance

$677,667

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Richard Len Shipp and Angie Diane Shipp

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 04/01/2025 at 10:30 PM

Listing updated: 03/29/2025 at 1:10 PM

Listed by: Kurt Havel, ALLISON JAMES ESTATES & HOMES Phone #: (941) 500-4922

MLS: StellarMLS #C7504331

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Recently listed in PUNTA GORDA