5186 FORBES TERRACE

Property Details

Description

Experience the ultimate in luxury waterfront living in this stunning four-bedroom, two-bath saltwater canal home offering breathtaking, unobstructed views of the Myakka River. Designed for both elegant entertaining and relaxed coastal living, this exceptional residence showcases high-end finishes, expansive indoor-outdoor spaces, and spectacular water views from nearly every room.A grand double-door entry welcomes you into an unsurpassed interior featuring marble flooring throughout and upgraded modern lighting that enhances the home’s sleek contemporary design. The open floor plan includes a formal dining room and an expansive living room centered around a large sectional conversation area, seamlessly connecting to the lanai, pool, and waterfront through oversized impact sliding glass doors. The dining nook is surrounded by two walls of impact sliders, creating a seamless transition to the outdoor living area while capturing incredible water views. The gourmet kitchen is a true showpiece, featuring granite countertops with a dramatic waterfall edge, a farmhouse sink, breakfast bar, modern wood cabinetry, stainless steel appliances, built-in oven and microwave, pantry, and stylish pendant lighting. A floating Wi-Fi-enabled exhaust hood adds both convenience and contemporary flair. Wake up to beautiful waterfront views from every bedroom. The luxurious primary suite offers private access to the lanai and pool area along with a spa-inspired ensuite featuring dual sinks, marble countertops, a soaking tub, separate walk-in shower, private water closet, and heated lighted mirrors designed to eliminate moisture after a relaxing steamy shower. The guest bath is equally impressive with a glass-enclosed shower, heated lighted mirror, and direct pool access for effortless indoor-outdoor convenience. Step outside to your private screened lanai and resort-style pool area, complete with both covered seating and sun-drenched lounging spaces. The outdoor kitchen with sink and cabinetry makes entertaining effortless while you enjoy the tranquil waterfront setting. Follow the path to your impressive 12’ x 30’ dock and boat lift, or simply relax and take in the panoramic views of the Myakka River. This extraordinary property truly feels like the kind of home featured in luxury waterfront living magazines. Come experience this remarkable waterfront retreat for yourself.

Facts & Costs

Property type

Single Family Residence

Year built

1998

Lot size

10,302 sq ft

Garage

2 spaces

Price per sq ft

$312

Days on market

131

Private pool

Yes

Waterfront

Yes

Community

Gulf Cove

Subdivision

PORT CHARLOTTE SEC 054

County

Charlotte

Flood zone

AE

Monthly & yearly costs

Property taxes

$16,795 / year (2025)

As reported by the listing agent. Verify with the HOA and county.

Construction & systems

Heating

Central, Electric

Cooling

Central Air, Humidity Control

Flooring

Marble

Roof

Shingle

Construction

Block, Stucco

Payment Estimate

$5,318 / month

Principal & interest

$3,919

Property taxes

$1,400

HOA

$0

Home insurance

enter below

Estimate only, not a loan offer. Rate is a starting value; taxes and HOA are as reported by the listing agent. Florida insurance (including flood) varies widely. Ask George for a lender referral.

Location

Features & Amenities

• Built-In Oven
• Cooktop
• Dishwasher
• Disposal
• Dryer
• Electric Water Heater
• Microwave
• Range Hood
• Refrigerator
• Washer
• Cathedral Ceiling(s)
• Ceiling Fans(s)
• High Ceilings
• Open Floorplan
• Primary Bedroom Main Floor
• Solid Surface Counters
• Solid Wood Cabinets
• Split Bedroom
• Stone Counters
• Walk-In Closet(s)
• Window Treatments
• Lighting
• Outdoor Kitchen
• Outdoor Shower
• Private Mailbox
• Private Yard
• Gunite
• In Ground
• Canal - Saltwater