407 Rio Terra Venice, FL 34285
Estimated payment $4,620/month
Highlights
- Screened Pool
- Open Floorplan
- Main Floor Primary Bedroom
- Venice Elementary School Rated A
- Private Lot
- Garden View
About This Home
Welcome to the highly sought after gated, maintenance free, Bellagio Community on beautiful Venice Island, where elegance, comfort, and Florida living come together seamlessly. This exceptional Bari model offers a spacious split floor plan featuring three bedrooms, two bathrooms, and a bonus room constructed in 2017, perfect for a home office, or craft room. Thoughtfully designed for both privacy and effortless entertaining, the home showcases refined details and custom millwork throughout, including crown molding, tray ceilings, and more. What truly sets this home apart is the extensive list of recent upgrades and improvements that provide both comfort and peace of mind. A new tile barrel roof was completed in 2025, along with an insulated hurricane rated garage door, enhancing both durability and energy efficiency. In 2025, a natural gas whole home generator was installed, ensuring reliable power when it matters most. The lanai is equipped with an electric roll down hurricane screen for both sliders, offering added storm protection while maintaining outdoor comfort. At the heart of the home, the beautifully updated kitchen features sleek modern cabinetry, granite countertops, and stainless steel appliances, blending style and functionality for everyday living and hosting alike. Additional 2024-2025 updates include a new dishwasher, washer & dryer, and garbage disposal. Two bedroom offers generous walk in closets, while the bathrooms have been tastefully upgraded with modern vanities and quartz finishes. Step outside to your private oasis, where a sparkling, resurfaced swimming pool awaits. Equipped with both natural gas this inviting space is designed for year round enjoyment. The screened lanai and expansive patio create multiple spaces for relaxing, dining, and entertaining in true Florida style. Positioned at one of the highest elevations on Venice Island, this home is located in Flood Zone X and Evacuation Zone D, an important advantage, as most lenders will not require flood insurance. Residents of the Bellagio Community enjoy an exceptional lifestyle with two gated entrances, a private clubhouse, fitness center, community pool, and tennis and pickleball courts, providing endless opportunities for recreation and relaxation. Ideally located just minutes from the Legacy Bike Trail, Historic Venice Main Street, and Venice’s beautiful beaches, shopping, dining, Venice Theatre and Art Center. This home offers the perfect blend of tranquility, convenience, and coastal charm. With select furnishings available for purchase, this is your opportunity to move in with ease and start enjoying the Venice Island lifestyle.
Listing Agent
HOMESMART Brokerage Phone: 407-476-0461 License #3217760 Listed on: 03/19/2026
Open House Schedule
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Saturday, May 9, 20261:00 to 3:00 pm5/9/2026 1:00:00 PM +00:005/9/2026 3:00:00 PM +00:00Add to Calendar
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,986
Year Built
- Built in 2001
Lot Details
- 6,050 Sq Ft Lot
- West Facing Home
- Mature Landscaping
- Private Lot
- Irrigation Equipment
- Property is zoned RSF3
HOA Fees
- $360 Monthly HOA Fees
Parking
- 2 Car Attached Garage
Home Design
- Mediterranean Architecture
- Slab Foundation
- Tile Roof
- Block Exterior
Interior Spaces
- 1,804 Sq Ft Home
- Open Floorplan
- Built-In Features
- Crown Molding
- High Ceiling
- Ceiling Fan
- Sliding Doors
- Great Room
- Family Room
- Bonus Room
- Garden Views
- Hurricane or Storm Shutters
Kitchen
- Eat-In Kitchen
- Range
- Dishwasher
- Stone Countertops
- Disposal
Flooring
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Pool
- Screened Pool
- Heated In Ground Pool
- Gunite Pool
- Fence Around Pool
Outdoor Features
- Enclosed Patio or Porch
- Rain Gutters
- Private Mailbox
Schools
- Venice Elementary School
- Venice Area Middle School
- Venice Senior High School
Utilities
- Central Heating and Cooling System
- Thermostat
- Power Generator
- Natural Gas Connected
- Electric Water Heater
- Cable TV Available
Community Details
- Brian Rivenbark Association, Phone Number (941) 870-4920
- Bellagio At Venice Island Community
- Bellagio On Venice Island Subdivision
Listing and Financial Details
- Visit Down Payment Resource Website
- Tax Lot 69
- Assessor Parcel Number 0428040032
Map
Home Values in the Area
Average Home Value in this Area
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 | $4,876 | $374,200 | -- | -- |
| 2024 | $4,765 | $363,654 | -- | -- |
| 2023 | $4,765 | $353,062 | $0 | $0 |
| 2022 | $4,799 | $342,779 | $0 | $0 |
| 2021 | $4,810 | $332,795 | $0 | $0 |
| 2020 | $4,832 | $328,200 | $90,300 | $237,900 |
| 2019 | $4,880 | $331,500 | $93,300 | $238,200 |
| 2018 | $5,012 | $338,449 | $0 | $0 |
| 2017 | $4,630 | $312,776 | $0 | $0 |
| 2016 | $4,460 | $336,500 | $109,900 | $226,600 |
| 2015 | $4,397 | $315,200 | $97,800 | $217,400 |
| 2014 | $4,377 | $274,100 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/19/2026 03/19/26 | For Sale | $725,000 | -- | $402 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $100 | None Listed On Document | |
| Warranty Deed | $100 | None Listed On Document | |
| Warranty Deed | $345,000 | Attorney | |
| Warranty Deed | $327,500 | -- | |
| Deed | $222,100 | -- | |
| Deed | $222,100 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $276,000 | New Conventional | |
| Previous Owner | $298,831 | Purchase Money Mortgage | |
| Previous Owner | $177,600 | No Value Available |
Source: Stellar MLS
MLS Number: N6143454
APN: 0428-04-0032
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Ask me questions while you tour the home.