Redfin is joining Rocket

Discover how we're simplifying your journey home.

$998,000

766 Shadow Bay Way Osprey, FL 34229

4 beds
3 full
3,438 sqft
0.3 acres
$290 / sqft
House

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

Home typeSingle Family Residence
HeatingElectric
StatusActive
CoolingCentral Air, Ductless, Zoned
Size3,438 sqft
Lot size0.29 Acres
Year built1998
MLS #A4652814
Attached garage2 spaces
WaterfrontPond
FireplaceFamily Room
Private poolYes

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

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.

DMCA Notice

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: 7/5/2025, 11:49:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Apr 17, 2014
Home Sold
$570,000
Sep 16, 1999
Home Sold
$350,000

Tax history

YearAssessmentProperty 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.

All data from GreatSchools

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.

How much money do the neighbors make?

17%
<35k
39%
35k-100k
30%
100k-200k
14%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

25%
Single, No Kids
6%
Single, with Kids
52%
Married, No Kids
17%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

9%
<11 yrs old
8%
12-17 yrs old
7%
18-34 yrs old
46%
35-64 yrs old
30%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • Skiing/snowboardingSkiing/snowboarding
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Stein MartStein Mart
  • BJs Wholesale ClubBJs Wholesale Club
  • KmartKmart

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 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.

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

More resources