766 Shadow Bay Way Osprey, FL 34229
Estimated payment $6,154/month
Total Views
4,800
4
Beds
3
Baths
3,438
Sq Ft
$290
Price per Sq Ft
Highlights
- Heated In Ground Pool
- Fishing
- Pond View
- Laurel Nokomis School Rated A-
- Home fronts a pond
- Open Floorplan
About This Home
Nestled on a quiet street in the highly sought-after Rivendell community, this former Arthur Rutenberg model home features 4 bedrooms, 3 full baths, a den, and 2 versatile flex rooms, offering tranquil views of the pond and surrounding preserve. Framed by lush landscaping, the property features an oversized pool with a generously sized spa and ambient lighting, perfect for evening relaxation.
Inside, the wide, open floor plan boasts soaring ceilings and abundant natural light, creating an airy and uplifting atmosphere. Multiple living areas flow seamlessly into a spacious kitchen and family room, all opening to a covered lanai ideal for everyday living and entertaining. Just across the street, residents can enjoy the nearby Crescent Park and Playground.
The home includes a 2-car garage with an adjacent flex room that can easily be converted into a third garage bay or used as an exercise room, offering added functionality and storage. A rear room, currently used as an office with a built-in desk, offers added flexibility, ideal as a home office, study area, guest room, or multigenerational living space. It also features sliding glass doors that lead to a covered outdoor nook overlooking the lake, complete with a bar area, under-counter refrigerator, and sink.
This well-maintained residence has seen thoughtful updates over the years, including a NEWER ROOF (2017), HURRICANE SHUTTERS, SCREEN & PANELS FOR ALL OPENINGS, GARAGE DOOR (2019), PAVER DRIVEWAY (2022), a 5-ton A/C unit (2019), and a 2.5-ton A/C unit (2018) and newer appliances. Move-in ready with solid fundamentals, it also offers opportunities for personalization over time.
Rivendell is one of Sarasota County’s most cherished communities, spanning over 400 acres of protected nature preserves with scenic walking and biking trails, a heated community pool, and a peaceful, park-like atmosphere. Residents enjoy easy access to Oscar Scherer State Park (2 miles), the Legacy Trail (2.5 miles), Nokomis Beach (5 miles), and Siesta Key Beach (under 7 miles).
The home is also 1.4 miles (walkable and bikable) of Pine View School, ranked among the top public schools in the nation making this an exceptional location for families seeking elite educational opportunities.
With no CDD fees and a low HOA, this home offers an unmatched combination of comfort, location, and long-term value in one of Osprey’s most desirable neighborhoods. DON’T MISS THE FULL VIDEO WALK-THROUGH & THE 3D TOUR. CLICK EACH VIRTUAL TOUR LINK - TWO TOTAL.
Listing Agent
COLDWELL BANKER SARASOTA CENT. Brokerage Phone: 941-487-5600 License #3480426 Listed on: 06/05/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,344
Year Built
- Built in 1998
Lot Details
- 0.29 Acre Lot
- Home fronts a pond
- Northwest Facing Home
- Well Sprinkler System
- Garden
- Property is zoned RSF1
HOA Fees
- $114 Monthly HOA Fees
Parking
- 2 Car Attached Garage
Home Design
- Slab Foundation
- Tile Roof
- Block Exterior
- Stucco
Interior Spaces
- 3,438 Sq Ft Home
- Open Floorplan
- Crown Molding
- Tray Ceiling
- High Ceiling
- Ceiling Fan
- French Doors
- Sliding Doors
- Family Room with Fireplace
- Great Room
- Family Room Off Kitchen
- Living Room
- Home Office
- Bonus Room
- Pond Views
- Hurricane or Storm Shutters
Kitchen
- Convection Oven
- Range
- Recirculated Exhaust Fan
- Microwave
- Dishwasher
- Solid Surface Countertops
- Solid Wood Cabinet
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
- 3 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Pool
- Heated In Ground Pool
- Pool Lighting
Outdoor Features
- Rain Gutters
- Private Mailbox
Schools
- Laurel Nokomis Elementary School
- Laurel Nokomis Middle School
- Venice Senior High School
Utilities
- Zoned Heating and Cooling
- Heating Available
- Thermostat
- Underground Utilities
- Electric Water Heater
- High Speed Internet
- Phone Available
- Cable TV Available
Listing and Financial Details
- Visit Down Payment Resource Website
- Legal Lot and Block 15 / PCLB
- Assessor Parcel Number 0150150015
Community Details
Overview
- Association fees include common area taxes, pool, escrow reserves fund, management, trash
- Case Management / Fred Marks Association, Phone Number (941) 922-3391
- Visit Association Website
- Built by Arthur Rutenberg
- Rivendell The Woodlands Community
- Rivendell Subdivision
Recreation
- Community Playground
- Community Pool
- Fishing
- Park
Map
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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 |
|---|---|---|---|---|
| 2024 | $6,112 | $518,667 | -- | -- |
| 2023 | $6,112 | $503,560 | $0 | $0 |
| 2022 | $5,977 | $488,893 | $0 | $0 |
| 2021 | $5,900 | $474,653 | $0 | $0 |
| 2020 | $5,923 | $468,100 | $88,100 | $380,000 |
| 2019 | $6,158 | $491,668 | $0 | $0 |
| 2018 | $6,030 | $482,500 | $118,100 | $364,400 |
| 2017 | $6,371 | $501,400 | $126,500 | $374,900 |
| 2016 | $6,388 | $492,100 | $126,500 | $365,600 |
| 2015 | $7,143 | $536,900 | $121,000 | $415,900 |
| 2014 | $5,745 | $422,699 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/05/2025 06/05/25 | For Sale | $998,000 | +75.1% | $290 / Sq Ft |
| 04/14/2014 04/14/14 | Sold | $570,000 | -1.6% | $166 / Sq Ft |
| 01/20/2014 01/20/14 | Pending | -- | -- | -- |
| 01/12/2014 01/12/14 | For Sale | $579,000 | -- | $168 / Sq Ft |
Source: Stellar MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $570,000 | Mti Title Ins Agency Inc | |
| Warranty Deed | $350,000 | -- | |
| Warranty Deed | $350,000 | -- | |
| Warranty Deed | $84,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $117,000 | New Conventional | |
| Previous Owner | $30,000 | Credit Line Revolving | |
| Previous Owner | $125,000 | New Conventional | |
| Previous Owner | $268,000 | No Value Available |
Source: Public Records
Similar Homes in Osprey, FL
Source: Stellar MLS
MLS Number: A4652814
APN: 0150-15-0015
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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