$10,000

closing credit¹

1862 Island Way Osprey, FL 34229

$2,195,000
4 beds
3 full
3,598 sqft
0.4 acres
$610 / sqft
House

Property details

About 1862 Island Way

South Sarasota waterfront property surrounded by 312-ft. of water on three sides feels like living on a private island. Serene privacy on a cul de sac in the secluded South Creek community directly across from Oscar Scherer State Park and just 5 minutes to Pine View School for the Gifted. Located between Sarasota and Venice with easy access to the best amenities in both communities including beaches, shopping, dining, arts, medical and personal services. This “island” playground is an outdoor enthusiast’s delight. Private dock with kayak/paddleboard launch provides easy access to Sarasota’s coastal waterways for endless days enjoying Florida’s year-round sun and fun. Take a kayak trip to Nokomis Breakfast Cottage, Oscar Scherer State Park or secret mangrove tunnels. Relax on the back porch and be on the lookout for manatees, dolphins, pelicans and ospreys. A five-minute drive takes you to Nokomis Beach. The nearby Legacy Trail offers over 20 miles of rails-to-trails paved cycling paths. Spectacular sunsets are a daily celebration. The 5,233 sq. ft. residence has four bedrooms and three-and-a-half baths. Living areas include formal living room with cathedral ceiling and built-in Bose sound system, formal dining room, family room with wood-burning fireplace and four exterior balconies. The ground floor has various climate-controlled rooms and screened in areas, laundry room and pool shower. Outdoor amenities include heated swimming pool, pergola with bench swings, bocce court and dock. South Creek is a gated community with easy access to US 41 and I-75. This residence is on the same street as the community amenities which include tennis courts, basketball, playground, day dock and night security gate. The singular combination of location, waterfront and size make this a desirable property for an exceptional lifestyle. The ground floor (garage, storage and laundry) has flood damage. No flood damage to living areas on second floor.

Highlights

Home typeSingle Family Residence
HeatingElectric
StatusActive
CoolingCentral Air
Size3,598 sqft
Lot size0.39 Acres
Year built1982
ParkingDriveway
MLS #A4631910
Attached garage2 spaces
WaterfrontBay, Intracoastal Waterway
FireplaceStone, Wood Burning
ViewWater
Private poolYes

Summary

  • MLS Number: A4631910
  • MLS Name: MFRMLS
  • Office Name: PREMIER SOTHEBYS INTL REALTY
  • Office Phone: (941) 364-4000
  • Listing Agent: Nancy Endara

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

IDX Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/1/2025, 10:49:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

drone / aerial view with a water view

$2,195,000

1862 Island Way

$10,000

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$626,643$10,550
2022$608,391$10,452
2021$590,671$10,452
2020$582,516$10,263
2019$569,419$10,086
2018$558,802$9,945
2017$547,309$9,918

History based on county public records data.

Nearby schools

9

Venice Elementary School

Public District PK-5

5.6 mi

150 Miami Ave E

6

Gulf Gate Elementary School

Public District PK-5

6.5 mi

6500 S Lockwood Ridge Rd

10

Ashton Elementary School

Public District PK-5

7.6 mi

5110 Ashton Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $72,609. Most Osprey, FL residents have annual incomes between $35k-100k. The most common type of family is married, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

12%
<35k
53%
35k-100k
23%
100k-200k
12%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

30%
Single, No Kids
4%
Single, with Kids
55%
Married, No Kids
11%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

7%
<11 yrs old
5%
12-17 yrs old
6%
18-34 yrs old
42%
35-64 yrs old
40%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • Skiing/snowboardingSkiing/snowboarding
  • NASCARNASCAR

Where do the neighbors shop?

  • Stein MartStein Mart
  • BJs Wholesale ClubBJs Wholesale Club
  • Dollar GeneralDollar General

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • PaneraPanera
  • Cracker BarrelCracker Barrel

What do the neighbors drive?

  • LincolnLincoln
  • InfinitiInfiniti
  • LexusLexus

What do the neighbors listen to?

  • News/Talk/InformationNews/Talk/Information
  • Adult HitsAdult Hits
  • OldiesOldies
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 1862 Island Way

This home is located at 1862 Island Way in Osprey, FL and zip code 34229. This 3,598 square foot home, which was built in 1982, sits on a 0.39 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 11, 2024 and is currently priced at $2,195,000.

In January 2025, from all listings sold in Osprey, FL there were more than 0 sold above asking price, over 12 sold below and more than 1 were sold right at the asked price. Between December and January 2025, Osprey, FL real estate market has seen increase in the number of listings by 21.7%. The median list price of listings available in January 2025 was $846,095, while the average time on the real estate market was 115 days.

From Rocket Homes Real Estate and based on county public records data.

More resources