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766 Shadow Bay Way

Osprey, FL 34229

Name: Open House: 2pm-4pm
Start: 2025-06-15T14:00:00
End: 2025-06-15T16:00:00
Location: 766 Shadow Bay Way

4 beds
3 baths
3,438 sqft
12,724 sqft lot
$290 per sqft
1998 build
– on site

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 & THE 3D TOUR. CLICK EACH VIRTUAL TOUR LINK - TWO TOTAL.

Listing courtesy of STELLAR_MLS / COLDWELL BANKER SARASOTA CENT.

Last checked: Checking… • Last updated Jun 13, 2025 •

MLS# A4652814 —

Upcoming Open Houses

Sunday, 6/15
2pm-4pm

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The Building

Year Built:

1998
New Construction:

false
Builder Name:

Arthur Rutenberg
Construction Materials:

Block
Levels:

One
Roof:

Tile
Foundation Details:

Slab
Building Area Total:

4457
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Interior Features:

Ceiling Fan(s)
Flooring:

Carpet
Fireplace:

true
Fireplace Features:

Family Room

Room Dimensions

Living Area:

3438
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

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.
Latitude:

27.182224
Longitude:

-82.470808
Coordinates:

-82.470808, 27.182224

The Property

Parcel Number:

0150150015
Property Type:

Residential
Property Subtype:

Single Family Residence
Lot Size Acres:

0.29
Lot Size Area:

12724
Lot Size SqFt:

12724
Lot Size Units:

Square Feet
Total Acres:

1/4 to less than 1/2
Zoning:

RSF1
Direction Faces:

Northwest
View:

false
Exterior Features:

French Doors
Water Source:

Public
Road Surface Type:

Asphalt
Flood Zone Code:

X
Flood Zone Panel:

12115C0236G
Additional Parcels:

false
Homestead:

true
Lease Restrictions:

true
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Lot:

15
Tax Block:

PCLB
Tax Legal Description:

LOT 15 PARCEL B RIVENDELL UNIT 2
Tax Book Number:

39-11
Tax Annual Amount:

$6,344

Beds

Bedrooms Total:

4

Baths

Total Baths:

3
Total Baths:

3
Full Baths:

3

The Listing

Virtual Tour URL Unbranded:

https://youtu.be/OwqCUOKYMig
Virtual Tour URL Unbranded 2:

https://my.matterport.com/show/?m=KnuiCSLxP8h
Special Listing Conditions:

None

Heating & Cooling

Heating:

Electric
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

BB/HS Internet Available
Sewer:

Public Sewer

Appliances

Appliances:

Convection Oven
Laundry Features:

Laundry Room

Schools

Elementary School:

Laurel Nokomis Elementary
Middle Or Junior School:

Laurel Nokomis Middle
High School:

Venice Senior High

The Community

Subdivision Name:

RIVENDELL
Senior Community:

false
Community Features:

Fishing
Waterview:

Pond
Waterview:

true
Water Access:

false
Waterfront:

true
Waterfront Features:

Pond
Pool Private:

true
Pool Features:

Heated
Pets Allowed:

Yes
Association:

true
Association Fee:

684
Association Fee Frequency:

Semi-Annually
Association Fee Includes:

Common Area Taxes
Association Fee Requirement:

Required
Monthly HOA Amount:

114
Ownership:

Fee Simple
Association Approval Required:

false

Parking

Garage:

true
Attached Garage:

true
Garage Spaces:

2
Carport:

false
Covered Spaces:

2

Monthly cost estimate

Asking price

$998,000

Expense	Monthly cost
Mortgage	$5,343
Taxes	$528
Insurance	$274
HOA fees	$114
Utilities	$195 See report
Total	$6,454/mo.^*
	^*This is an estimate

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Sale history

Date	Event	Source	Price	% Change
6/5/25 Jun 5, 2025	Listed / Active	STELLAR_MLS	$998,000	75.1% (6.7% / YR)
4/14/14 Apr 14, 2014		STELLAR_MLS	$570,000

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This house located in Rivendell, Osprey, FL 34229 is currently for sale for $998,000. 766 Shadow Bay Way is a 3,438 square foot house with 4 beds and 3 baths that has been on Estately for 10 days. 766 Shadow Bay Way is in the Rivendell neighborhood of Osprey and has a WalkScore® of 7, making it car-dependent. This house is in the attendance area of Laurel Nokomis School and Venice High School.

Listing Courtesy of: STELLAR_MLS and COLDWELL BANKER SARASOTA CENT..

Based on information from the My Florida Regional MLS DBA Stellar MLS 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.

766 Shadow Bay Way

Osprey, FL 34229