#A4643157, Dawn Bear, Listing Office: WILLIAM RAVEIS REAL ESTATE
742 Shadow Bay Way Osprey, FL 34229
Property details
About 742 Shadow Bay Way
ARTHUR RUTENBERG HOME . . . FORMER MODEL . . . NEW ROOF . . . NEW INTERIOR AND EXTERIOR PAINT . . . HURRICANE DOUBLE-LAYER IMPACT WINDOWS . . . NEW OVEN . . . NEW BAMBOO FLOORING IN GUEST BEDROOMS . . . NEW PRIMARY AREA AC . . . Discover luxury in this Arthur Rutenberg former model home, located in the highly sought-after Woodlands at Rivendell community and award winning Pine View school district. This beautifully maintained home has been thoughtfully updated. It was built with a hip roof design to ensure improved energy efficiency and the lanai screen comes with a 10-year warranty, nylon SPF UV-coated for extra shading. Inside, you’ll find soaring 14-foot ceilings, elegant crown molding and custom-built closets in every room, all designed to provide comfort, convenience and sophistication. The updated kitchen is a chef’s dream, boasting a new special-sized oven and a convection microwave, along with sleek granite countertops and under-cabinet lighting. The primary bath has been modernized with new rainwater windows, replacing the outdated glass bricks. In the guest room, you’ll appreciate the new bamboo flooring, and the guest/pool bath has been completely remodeled for a fresh, contemporary feel. Two A/C units keep the home comfortable year-round, with the primary unit being only one year old and the second unit nine years old. The home also has well water for irrigation, providing cost-saving benefits while maintaining lush landscaping. Designed for entertaining, this home offers a built-in wet bar, an outdoor kitchen equipped with an integrated entertainment system featuring sound and lighting, and a saltwater pool with a built-in vacuum system. As the only home in the neighborhood, on a lake, with a fully fenced-in yard, this property offers privacy and ample space for pets or outdoor activities. The aquarium windows add a beautiful touch, allowing for scenic views of the surrounding nature. A two-car garage includes a bonus third space, ideal for storage or a second home office or possible in-law suite with private exterior doors. This versatile bonus space presents endless possibilities, from creative uses to accommodating multi-generational living. Backing up to Oscar Scherer State Park, this home offers serene water views and a tranquil setting with direct access to nature trails. The home is situated next to the park, providing an enhanced level of privacy and access to the scenic landscape, while offering picturesque lake views from the property. The home is also located in the award-winning Pine View school district and offers convenient access to Tamiami Trail and I-75, making Sarasota and Venice a short distance away. The Woodlands at Rivendell community is designed to embrace the Florida lifestyle, featuring parks, lakes, a community pool and easy access to the Legacy Bike Trail, all just steps from your front door. This is a rare opportunity to own a beautifully updated home in one of Osprey’s most desirable communities. Schedule your private showing today. All information provided by the sellers is deemed reliable but is not guaranteed. Buyers are encouraged to verify all information independently.
Highlights
Summary
- Full Bathrooms: 3
- Appliances: Convection Oven, Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
- Flooring Type: Bamboo, Ceramic Tile
- Interior: Built-in Features, Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Walk-In Closet(s), Wet Bar, Window Treatments
- Total Bedroom Count: 4
- Garage Space: 3 spaces
- Attached Garage: Yes
- Private Pool: Yes
- Waterfront: Lake Front
- View: Park, Water
- Exterior: French Doors, Outdoor Kitchen, Rain Gutters
- Architectural Style: Custom
- Heating: Central, Electric
- Cooling: Central Air
- List Price: $1,100,000
- Price/SqFt: $331
- HOA Amount: $114
- HOA Frequency: Semi-Annually
- Annual Tax Amount: $7,293
- Tax Year: 2023
- Directions: U.S. 41 to Old Venice Road to Rivendell Blvd., right on Rainbow Point to the end, turn left on Shadow Bay Way to #742 on your right
- Year Built: 2002
- Stories: 1
- Living Area: 3,321 SqFt
- Lot Size: 0.26 Acres
- MLS Number: A4644210
- MLS Name: MFRMLS
- Office Name: RE/MAX ALLIANCE GROUP
- Office Phone: (941) 954-5454
- Listing Agent: REENY Kaney
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Last updated on: 5/10/2025, 9:19:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,100,000
742 Shadow Bay Way
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Price information
Property sales
Date | Event | Price |
---|---|---|
Apr 13, 2016 | Home Sold | $665,000 |
Apr 23, 2014 | Home Sold | $635,000 |
Jul 20, 2006 | Home Sold | $800,000 |
Dec 04, 2002 | Home Sold | $604,100 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $601,053 | $7,293 |
2022 | $543,935 | $6,620 |
2021 | $528,092 | $6,620 |
2020 | $520,801 | $6,551 |
2019 | $509,092 | $6,375 |
2018 | $499,600 | $6,244 |
2017 | $498,300 | $6,333 |
History based on county public records data.
Nearby schools
7
Gulf Gate Elementary School
Public District PK-5
6.0 mi
•6500 S Lockwood Ridge Rd
10
Venice Elementary School
Public District PK-5
6.1 mi
•150 Miami Ave E
10
Ashton Elementary School
Public District PK-5
6.7 mi
•5110 Ashton Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $89,096. Most Osprey, FL residents have annual incomes between $35k-100k. The most common type of family is married, no kids. The most common level of education of people living in this area is post secondary degree.
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Frequently asked questions
About 742 Shadow Bay Way
The listing price of 742 Shadow Bay Way property is $1,100,000.
The property 742 Shadow Bay Way is a house located in Osprey, Florida, 34229.
Active Listing: 742 Shadow Bay Way is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 742 Shadow Bay Way are: Gulf Gate Elementary School (GreatSchools Rating 7/10), Venice Elementary School (GreatSchools Rating 10/10), Ashton Elementary School (GreatSchools Rating 10/10), Laurel Nokomis School (GreatSchools Rating 8/10), Imagine School at Palmer Ranch (GreatSchools Rating 5/10), Sarasota Middle School (GreatSchools Rating 8/10), Pine View School (GreatSchools Rating 10/10), Island Village Montessori School (GreatSchools Rating 7/10), Venice High School (GreatSchools Rating 8/10).
According to the records, the last property tax for 2023 is $7,293 (source: MLS/based on county public records data).
The last sale was on April 13, 2016 for $665,000 (source: MLS/tax record).
The property at 742 Shadow Bay Way has 4 bedrooms and 3 bathrooms.
The property 742 Shadow Bay Way is 3,321 SqFt (source: MLS/tax record).
The year of construction for 742 Shadow Bay Way is 2002.
This home is located at 742 Shadow Bay Way in Osprey, FL and zip code 34229. This 3,321 square foot home, which was built in 2002, sits on a 0.26 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 13, 2025 and is currently priced at $1,100,000.
Over 3 listings were sold over their listed price in April 2025 in Osprey, FL. In the same period over 24 listings were sold below the listed price and 4 listings were sold for the listed price. The number of homes for sale in Osprey, FL increased by 6.2% between March and April 2025. In April 2025 median list price was $771,000 and the average listing age was 84 days.