#A4644210, REENY Kaney, Listing office: RE/MAX ALLIANCE GROUP
766 Shadow Bay Way Osprey, FL 34229
Property details
About 766 Shadow Bay Way
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.
Highlights
Virtual tour
Summary
- Full Bathrooms: 3
- Appliances: Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
- Flooring Type: Carpet, Tile, Wood
- Interior: 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
- Fireplace: Family Room
- Total Bedroom Count: 4
- Garage Space: 2 spaces
- Attached Garage: Yes
- Private Pool: Yes
- Waterfront: Pond
- Exterior: French Doors, Garden, Hurricane Shutters, Private Mailbox, Rain Gutters, Sidewalk, Sliding Doors
- Heating: Electric
- Cooling: Central Air, Ductless, Zoned
- List Price: $998,000
- Price/SqFt: $290
- HOA Amount: $684 Semi-Annually
- Annual Tax Amount: $6,112
- Tax Year: 2023
- 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.
- Year Built: 1998
- Living Area: 3,438 SqFt
- Lot Size: 0.29 Acres
- MLS Number: A4652814
- MLS Name: MFRMLS
- Office Name: COLDWELL BANKER SARASOTA CENT.
- Office Phone: (941) 487-5600
- Listing Agent: Katrin Pfitzenreiter
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Price information
Property sales
Date | Event | Price |
---|---|---|
Apr 17, 2014 | Home Sold | $570,000 |
Sep 16, 1999 | Home Sold | $350,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $503,560 | $6,112 |
2022 | $488,893 | $5,977 |
2021 | $474,653 | $5,977 |
2020 | $468,100 | $5,899 |
2019 | $491,668 | $6,157 |
2018 | $482,500 | $6,029 |
2017 | $501,400 | $6,370 |
History based on county public records data.
Nearby schools
7
Gulf Gate Elementary School
Public District PK-5
5.9 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
6.6 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. The majority of Osprey, FL residents have income between $35k-100k annually. Residents typically live in married, no kids family. The most common level of education of people living in this area is post secondary degree.
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Frequently asked questions
About 766 Shadow Bay Way
The listing price of 766 Shadow Bay Way property is $998,000.
The property 766 Shadow Bay Way is a house located in Osprey, Florida, 34229.
Active Listing: 766 Shadow Bay Way is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 766 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 $6,112 (source: MLS/based on county public records data).
The last sale was on April 17, 2014 for $570,000 (source: MLS/tax record).
The property at 766 Shadow Bay Way has 4 bedrooms and 3 bathrooms.
The property 766 Shadow Bay Way is 3,438 SqFt (source: MLS/tax record).
The year of construction for 766 Shadow Bay Way is 1998.
This home is located at 766 Shadow Bay Way in Osprey, FL and zip code 34229. This 3,438 square foot home, which was built in 1998, sits on a 0.29 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 5, 2025 and is currently priced at $998,000.
Osprey, FL housing market in June 2025 saw over 0 listings sold above listed price, more than 0 sold at listed price and over 15 sold below. The number of listings in Osprey, FL decreased by 6.4% between May and June 2025. In June 2025 median list price was $750,000 and the average listing age was 98 days.