Seller's Agent in 2025
Kimberly Pennell
KW PEACE RIVER PARTNERS
(941) 875-9060
16 in this area
69 Total Sales
1220 Spanish Cay Ln Punta Gorda, FL 33950
Punta Gorda Isles Neighborhood
3
Beds
3
Baths
2,511
Sq Ft
0.27
Acres
Highlights
- Dock made with concrete
- Boat Lift
- Canal View
- Sallie Jones Elementary School Rated A-
- Screened Pool
- Cathedral Ceiling
About This Home
As of September 2025175,000.00 price reduction! Welcome to 1220 Spanish Cay Lane—where luxury waterfront living meets impeccable design. This 2016 custom-built home boasts three bedrooms, three bathrooms, a three-car garage, and over 2,500 square feet of exquisite space. From the moment you step through the double front doors, you’re greeted by a bright, open living area and stunning water views that set the tone for this magnificent residence.Furnishings may convey.
The gourmet kitchen is a chef’s dream, featuring solid wood, soft-close cabinetry, a walk-in pantry, a wine refrigerator, stainless steel appliances, and a unique moon-shaped granite island perfect for entertaining. Adjacent to the kitchen, the dining area and breakfast bar provide versatile seating options for both casual meals and formal gatherings.
The master suite is a private retreat with serene water views, an oversized walk-in closet, and a spa-like master bathroom. This elegant space includes dual sinks, a private water closet, a luxurious soaking tub beneath a sparkling chandelier, and a spacious dual-entry shower. The second bedroom, in its own private hallway, offers a walk-in closet and an en-suite full bathroom—ideal for overnight guests. The third bedroom also features a walk-in closet and access to the shared pool bathroom. Additionally, a dedicated study provides the perfect space for work or relaxation.
The home’s living areas flow seamlessly to the outdoors, where 90-degree sliding doors lead to a overly spacious lanai. This outdoor oasis features a lounge area, a dining space that comfortably seats twelve, and a fully equipped outdoor kitchen—perfect for alfresco dining and entertaining. Beyond the lanai, a wrought iron fence surrounds the expansive backyard, complete with a pavered seating area designed for enjoying sunsets with a glass of wine.
Boaters will appreciate the 50-foot concrete dock with a 10,000 lb boat lift, with a new motor and walk-around platform. The dock is equipped with water and electric, and provides quick, 10-minute access to open water—truly a boater’s dream. Boat available for sale as well.
Additional features of this meticulously maintained home include a whole-house generator, storm-rated windows, power shutters, an in-wall pest control system, a transferable alarm system, and fresh interior and exterior paint. Best of all, this property experienced no flooding or damage from recent storms.
Move-in ready and packed with premium features, this home is a must-see. Don’t miss your chance to own a piece of paradise!
Last Agent to Sell the Property
KW PEACE RIVER PARTNERS Brokerage Phone: 941-875-9060 License #3283916 Listed on: 01/13/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $18,467
Year Built
- Built in 2016
Lot Details
- 0.27 Acre Lot
- Property fronts a saltwater canal
- East Facing Home
- Property is zoned GM-15
Parking
- 3 Car Attached Garage
Home Design
- Block Foundation
- Tile Roof
- Block Exterior
Interior Spaces
- 2,511 Sq Ft Home
- 1-Story Property
- Cathedral Ceiling
- Ceiling Fan
- Living Room
- Dining Room
- Den
- Ceramic Tile Flooring
- Canal Views
Kitchen
- Walk-In Pantry
- Range
- Microwave
- Dishwasher
- Solid Surface Countertops
- Solid Wood Cabinet
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- 3 Full Bathrooms
- Soaking Tub
Laundry
- Laundry Room
- Dryer
- Washer
Pool
- Screened Pool
- Heated Pool
- Above Ground Spa
- Fence Around Pool
- Pool Lighting
Outdoor Features
- Access to Saltwater Canal
- Seawall
- Boat Lift
- Dock made with concrete
- Outdoor Kitchen
- Exterior Lighting
- Rain Gutters
- Private Mailbox
Utilities
- Central Air
- Heating Available
- Thermostat
- Phone Available
- Cable TV Available
Community Details
- No Home Owners Association
- Punta Gorda Community
- Punta Gorda Isles Sec 11 Subdivision
Listing and Financial Details
- Visit Down Payment Resource Website
- Legal Lot and Block 14 / 105
- Assessor Parcel Number 412212483003
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 13, 2025
Closed on
Sep 15, 2025
Sold by
Veight Shawn M and Veight Lisa S
Bought by
Belcher Jesse Allen and Belcher Brooke Moore
Seller's Agent
Kimberly Pennell
KW PEACE RIVER PARTNERS
Buyer's Agent
Geri Vice
RE/MAX HARBOR REALTY
List Price
$1,500,000
Sold Price
$1,175,000
Premium/Discount to List
-$325,000
-21.67%
Views
55
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.69%
Original Mortgage
$350,000
Outstanding Balance
$350,000
Interest Rate
6.72%
Mortgage Type
VA
Estimated Equity
$872,608
Purchase Details
Listed on
Jun 10, 2022
Closed on
Jul 29, 2022
Sold by
Eul Family Trust
Bought by
Veight Shawn M and Veight Lisa S
Seller's Agent
Chris McMillan
MARINA PARK REALTY LLC
Buyer's Agent
Kimberly Pennell
KW PEACE RIVER PARTNERS
List Price
$1,450,000
Sold Price
$1,300,000
Premium/Discount to List
-$150,000
-10.34%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.16%
Purchase Details
Closed on
Apr 5, 2019
Sold by
Schroeder Larry A and Eul Marian E
Bought by
Schroeder Larry A and Eul Marian E
Purchase Details
Closed on
Jul 28, 2015
Sold by
Garamella David and Garamella Shawn
Bought by
Schroeder Larry A and Eul Marian A
Purchase Details
Closed on
Sep 12, 2011
Sold by
Suntrust Bank
Bought by
Garamella David and Garamella Shawn
Purchase Details
Closed on
Dec 28, 2010
Sold by
Dixon Alexander W and Dixon Donna M
Bought by
Suntrust Bank
Purchase Details
Closed on
Apr 6, 2004
Sold by
Seib R William and Seib Virginia M
Bought by
Dixon Alexander W and Dixon Donna Marie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.54%
Mortgage Type
Balloon
Purchase Details
Closed on
Feb 23, 2001
Sold by
Garcia Jose M and Garcia Jennifer L
Bought by
Seib R William and Seib Virginia M
Purchase Details
Closed on
Nov 24, 1997
Sold by
Mcholsky Regina D
Bought by
Garcia Jose M and Garcia Jennifer L
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,175,000 | Suncoast One Title & Closings | |
| Warranty Deed | $1,300,000 | New Title Company Name | |
| Interfamily Deed Transfer | -- | Attorney | |
| Warranty Deed | $145,000 | Attorney | |
| Special Warranty Deed | $2,642 | None Available | |
| Trustee Deed | $31,200 | None Available | |
| Warranty Deed | $225,000 | -- | |
| Warranty Deed | $50,000 | -- | |
| Warranty Deed | $32,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $350,000 | VA | |
| Previous Owner | $180,000 | Balloon |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/19/2025 09/19/25 | Sold | $1,175,000 | -7.8% | $468 / Sq Ft | |
| 08/12/2025 08/12/25 | Pending | -- | -- | -- | |
| 08/08/2025 08/08/25 | Price Changed | $1,275,000 | -5.6% | $508 / Sq Ft | |
| 04/27/2025 04/27/25 | Price Changed | $1,350,000 | -6.8% | $538 / Sq Ft | |
| 04/14/2025 04/14/25 | Price Changed | $1,449,000 | -0.1% | $577 / Sq Ft | |
| 02/01/2025 02/01/25 | Price Changed | $1,450,000 | -3.3% | $577 / Sq Ft | |
| 01/13/2025 01/13/25 | For Sale | $1,500,000 | +15.4% | $597 / Sq Ft | |
| 07/29/2022 07/29/22 | Sold | $1,300,000 | -10.3% | $518 / Sq Ft | View Prior Sale |
| 07/16/2022 07/16/22 | Pending | -- | -- | -- | |
| 06/10/2022 06/10/22 | For Sale | $1,450,000 | -- | $577 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $18,467 | $935,383 | $232,900 | $702,483 |
| 2024 | $16,344 | $1,108,304 | $278,800 | $829,504 |
| 2023 | $16,344 | $894,866 | $195,840 | $699,026 |
| 2022 | $8,680 | $491,456 | $0 | $0 |
| 2021 | $8,336 | $477,142 | $0 | $0 |
| 2020 | $7,954 | $470,554 | $0 | $0 |
| 2019 | $7,960 | $459,975 | $0 | $0 |
| 2018 | $7,384 | $451,398 | $0 | $0 |
| 2017 | $7,242 | $442,114 | $0 | $0 |
| 2016 | $2,660 | $119,000 | $0 | $0 |
| 2015 | $2,014 | $55,437 | $0 | $0 |
| 2014 | $1,795 | $50,397 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Kimberly Pennell
-
Geri Vice
Buyer's Agent in 2025
Geri Vice
RE/MAX
(239) 771-0227
18 in this area
94 Total Sales
-
Chris McMillan
Seller's Agent in 2022
Chris McMillan
MARINA PARK REALTY LLC
(941) 628-2602
14 in this area
168 Total Sales
Map
Source: Stellar MLS
MLS Number: C7503063
APN: 412212483003
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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