$998,000

766 Shadow Bay Way Osprey, FL 34229

Estimated payment $6,224/month

Total Views 162
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 model home by renowned custom luxury builder Arthur Rutenberg 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. CLICK THE VIRTUAL TOUR LINK.

Last Listed By

Anne Pfitzenreiter

COLDWELL BANKER SARASOTA CENT. Brokerage Phone: 941-487-5600 License #3480426 Listed on: 06/05/2025

COLDWELL BANKER SARASOTA CENT.

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

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,344

Year Built

Built in 1998

Lot Details

0

HOA Fees

$114 per month

Parking

2

Listing Details

  • HOA Fee Includes: Common Area Taxes, Pool, Escrow Reserves Fund, Management, Trash
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 3438
  • Lot Size Acres: 0.29
  • New Construction: No
  • Year Built: 1998
  • Building Area Total: 4457
  • Lot Size Sq Ft: 12724
  • Directions to Property: From Northern Sarasota, head south on US-41 S (Tamiami Trail) toward Osprey. Turn left onto Old Venice Road. Turn right onto Rivendell Blvd. Turn left onto Shadow Bay Way. Continue to 766 Shadow Bay Way, which will be on your right.
  • Status: Active
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1046393
  • Minimum Lease: 3 Months
  • RATIO Current Price By Calculate: 290.29
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • MFR_DockYN: 0
  • MFR_CommunityAssociationWaterFeatures: Fishing
  • Attribution Contact: 941-487-5600
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Family Room
  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile, Wood
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Central Vaccum, Crown Molding, High Ceilings, Kitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Tray Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Other Equipment: Irrigation Equipment
  • Street Number Modifier: 766
  • Living Area Meters: 319.40
  • Room Count: 13

Exterior Features

  • Direction Faces: Northwest
  • Pool Features: Heated, In Ground, Lighting
  • Exterior Features: French Doors, Garden, Hurricane Shutters, Private Mailbox, Rain Gutters, Sidewalk, Sliding Doors
  • Roof: Tile
  • Pool Private: Yes
  • Waterfront: Yes
  • Road Surface Type: Asphalt, Paved
  • Water Extras YN: 0
  • Water View: Pond
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2024-03-27
  • Flood Zone Panel: 12115C0236G

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Phone Available, Sewer Connected, Sprinkler Well, Underground Utilities, Water Connected
  • Cooling: Central Air, Ductless, Zoned
  • Heating: Electric
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Park, Playground, Pool, Street Lights
  • Association Fee: 684
  • Association Fee Frequency: Semi-Annually
  • Association Name: Case Management / Fred Marks
  • Phone: 941-922-3391
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: Required
  • Association Email: fmarks@caseymanagement.com
  • Association URL: rivendellcommunity.com

Fee Information

  • Total Annual Fees: 1368.00
  • Total Monthly Fees: 114.00
  • Monthly HOA Amount: 114.00

Schools

  • Elementary School: Laurel Nokomis Elementary
  • High School: Venice Senior High
  • Middle Or Junior School: Laurel Nokomis Middle

Lot Info

  • Zoning: RSF1
  • Parcel Number: 0150150015
  • Additional Parcels: No
  • Flood Zone Code: X
  • Homestead YN: 1
  • Lot Size Square Meters: 1182

Green Features

  • Green Verification Count: 0

Building Info

  • Builder Name: Arthur Rutenberg

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Each rental must have a minimum duration of 90 days, with no more than three rentals permitted per calendar year.

Tax Info

  • Tax Annual Amount: 6344
  • Tax Block: PCLB
  • Tax Book Number: 39-11
  • Tax Lot: 15

Multi Family

  • Waterfront Features: Pond
  • Approval Process: A completed Rental Notice and Acknowledgment form must be submitted to the Property Manager by both the homeowner/tenant before the tenant moves in.

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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

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Source: Stellar MLS

MLS Number: A4652814

Stellar MLS

APN: 0150-15-0015