Price Reduced50
$895,000
4 bd · 3 ba · 2,640 sqft
42231 Lake Timber Dr, Punta Gorda, FL
John Garuti · EXP Realty LLC · on 3 MLSs
Est. $6,479/mo$389/sqft · 36 days on Realty
4
Beds
3
Baths
2,570
Sqft
1970
Built
20 acres, 4 Beds, 3 Baths, 6 Car Detached Garage with inlaw/Studio, 3 Ponds, Swimming Pool, Fenced and Cross Fenced, several Canals and perimeter drainage. Vacant with Creative Financing possible. Endless possibilities and versatility. A rare opportunity to own 20 acres of secluded Old Florida beauty in Punta Gorda. Offered together as one complete package, 15121 and 15031 Rasmussen Road each contain approximately 10 acres of AG-zoned land, creating an exceptional homestead, livestock or equestrian property, horticultural operation, hobby farm or private country retreat. The property features three ponds and is completely fenced and cross-fenced with substantial eight-foot fencing originally installed to contain exotic deer breeds. Water lines extend the length of the property, providing convenient access for irrigation and agricultural or horticultural use. With abundant space, established infrastructure and remarkable privacy, this property is ready to accommodate animals, equipment, gardens and nearly any rural lifestyle. The well-maintained three-bedroom, two-bathroom home features an updated kitchen, a durable metal roof, a large bonus room and a drain field installed approximately four years ago. The home and pool overlook one of the ponds, creating a peaceful backdrop for everyday living. An expansive covered lanai opens to the screened, in-ground pool, offering the perfect place to entertain, unwind and enjoy the surrounding natural beauty. Just steps from the residence is an impressive 50-by-70-foot shop and garage totaling approximately 3,500 square feet. Four large overhead-door bays provide abundant space for vehicles, boats, recreational toys, farm machinery, workshops or business equipment. The building also includes an overhead storage loft, a finished and air-conditioned efficiency-style space with an attached bathroom and closet, and a convenient fish-cleaning station at the rear. The 15121 Rasmussen Road parcel includes the home, pool, shop, two ponds and approximately 10 acres. The adjoining 15031 Rasmussen Road parcel includes approximately 10 additional acres, a third pond and two canals running along the northern property line. Properties offering this combination of acreage, AG zoning, water features, specialized fencing, irrigation infrastructure, a comfortable pool home and a substantial outbuilding are increasingly difficult to find. Whether your vision includes horses, livestock, agricultural pursuits, equipment storage or simply peaceful and secluded living, this property offers the space and versatility to make it possible. Both parcels must be purchased together and will not be sold separately. The $999,000 list price includes both parcels and the entire 20-acre offering.
Listing record
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Showing Florida Gulf Coast Multiple Listing Service
Florida Gulf Coast Multiple Listing Service · Listing 2026040542
Courtesy of Sea Glass Gulf Realty
Listing agent
William Noah
(239) 841-4848
Florida Gulf Coast MLS/Royal Palm Coast Realtor Association(SWFLMLS) · Listing 2026040542
Courtesy of Sea Glass Gulf Realty
Listing agent
William Noah
(239) 841-4848
$199,800
Estimated monthly payment
$6,479/mo
Loan amount $799,200. Estimate only — your actual rate and payment depend on credit, location, and lender.
2025 roll
School ratings (A+ to F) from HJN community data.
Florida Gulf Coast Multiple Listing Service
Florida Gulf Coast MLS/Royal Palm Coast Realtor Association(SWFLMLS)
Stellar MLSThis content last refreshed on 2026-10-31 12:20:21 UTC. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Price Reduced50
$895,000
4 bd · 3 ba · 2,640 sqft
42231 Lake Timber Dr, Punta Gorda, FL
John Garuti · EXP Realty LLC · on 3 MLSs
48$882,000
3 bd · 3 ba · 2,927 sqft
44602 Little Blue Heron Way, Punta Gorda, FL
Martina Mausser · Naples TBI Realty LLC · on 2 MLSs
Price Reduced69$789,000
3 bd · 3 ba · 1,947 sqft
5222 Blackjack Cir, Punta Gorda, FL
Bobbi Bevis · RE/MAX HARBOR REALTY
34$725,000
3 bd · 4 ba · 2,530 sqft
16365 Preservation Blvd, Punta Gorda, FL
Margaret Troup · TROUP REAL ESTATE LLC
New60$810,000
3 bd · 3 ba · 2,745 sqft
17300 River Ranch Ct, Punta Gorda, FL
Shelley Johnson · ALLISON JAMES ESTATES & HOMES
Price Reduced50$729,000
3 bd · 2 ba · 2,000 sqft
16160 Bluestem Ln, Punta Gorda, FL
Phyllis Madanian · Coastal Living Realty Inc · on 2 MLSs




