For sale Home

Listed Oct 28, 2026

$775,000 Est. $5,126/mo

5186 Forbes Terrace

  • 4

    Beds

  • 2

    Baths

  • 2,485

    Sq ft

The story

  • Pool
  • Waterfront

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 combination convention 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 & features

Home type

Home

Year built

1998

Floors

1

Price per sq ft

$312

Parking

2-car garage

Included features

  • Pool

    Yes

  • Cooling

    Ceiling Fan(s), Central Electric

  • Heating

    Central Electric

  • Appliances

    Electric Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer

  • Flooring

    Marble

  • Roof

    Shingle

  • Lot Information

    Cul-De-Sac, Irregular Lot

  • Exterior

    Boat Dock Private, Boat Lift

  • Water Source

    Central

Mortgage calculator

Estimated monthly payment

$5,126 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $4,125
  • Property tax $775
  • Insurance $226

Includes principal, interest, taxes & insurance.

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Listing Broker

Keller Williams Island Life RE

Broker Name

Keller Williams Island Life RE

Agent

Tiffany Richmond