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Sold for $654,000
  • $654,000

    407 RIO TERRA, VENICE, FL 34285

    3beds
    1,804sqft
    Single Family Residence
    Built in 2001
    6,050 Square Feet Lot
    $653,900 Zestimate®
    $363/sqft
    $3,723 Estimated rent

    Home value

    $653,900

    $602,000 - $713,000

    $3,723/mo

    Zestimate® history
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    What's special

    Beautifully updated kitchenThree bedroomsGranite countertopsNew tile barrel roofTwo bathroomsSleek modern cabinetrySpacious split floor plan
    Welcome to the highly sought after gated, maintenance free, Bellagio Community on beautiful Venice Island, where elegance, comfort, and Florida living come together seamlessly. This exceptional Bari model offers a spacious split floor plan featuring three bedrooms, two bathrooms, and a bonus room constructed in 2017, perfect for a home office, or craft room. Thoughtfully designed for both privacy and effortless entertaining, the home showcases refined details and custom millwork throughout, including crown molding, tray ceilings, and more. What truly sets this home apart is the extensive list of recent upgrades and improvements that provide both comfort and peace of mind. A new tile barrel roof was completed in 2025, along with an insulated hurricane rated garage door, enhancing both durability and energy efficiency. In 2025, a natural gas whole home generator was installed, ensuring reliable power when it matters most. The lanai is equipped with an electric roll down hurricane screen for both sliders, offering added storm protection while maintaining outdoor comfort. At the heart of the home, the beautifully updated kitchen features sleek modern cabinetry, granite countertops, and stainless steel appliances, blending style and functionality for everyday living and hosting alike. Additional 2024-2025 updates include a new dishwasher, washer & dryer, and garbage disposal. Two bedroom offers generous walk in closets, while the bathrooms have been tastefully upgraded with modern vanities and quartz finishes. Step outside to your private oasis, where a sparkling, resurfaced swimming pool awaits. Equipped with both natural gas this inviting space is designed for year round enjoyment. The screened lanai and expansive patio create multiple spaces for relaxing, dining, and entertaining in true Florida style. Positioned at one of the highest elevations on Venice Island, this home is located in Flood Zone X and Evacuation Zone D, an important advantage, as most lenders will not require flood insurance. Residents of the Bellagio Community enjoy an exceptional lifestyle with two gated entrances, a private clubhouse, fitness center, community pool, and tennis and pickleball courts, providing endless opportunities for recreation and relaxation. Ideally located just minutes from the Legacy Bike Trail, Historic Venice Main Street, and Venice’s beautiful beaches, shopping, dining, Venice Theatre and Art Center. This home offers the perfect blend of tranquility, convenience, and coastal charm. With select furnishings available for purchase, this is your opportunity to move in with ease and start enjoying the Venice Island lifestyle.

    Zillow last checked:

    Listing updated:

    Listed by:

    Chris Price 941-284-8008,

    HOMESMART 407-476-0461,

    Joan Lino 941-416-0140,

    HOMESMART

    Bought with:

    Scott Standriff, 3491482

    RE/MAX ALLIANCE GROUP

    Curtis Mellon, 3096164

    RE/MAX ALLIANCE GROUP

    Source: Stellar MLS,MLS#: N6143454MLS LogoOriginating MLS: Suncoast Tampa

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Bonus Room
    Primary bedroom
    • Features: Dual Closets
    • Level: First
    • Area: 180 Square Feet
    • Dimensions: 15x12
    Bedroom 2
    • Features: Built-in Closet
    • Level: First
    • Area: 121 Square Feet
    • Dimensions: 11x11
    Bedroom 3
    • Features: Built-in Closet
    • Level: First
    • Area: 121 Square Feet
    • Dimensions: 11x11
    Family room
    • Level: First
    • Area: 224 Square Feet
    • Dimensions: 16x14
    Great room
    • Level: First
    • Area: 240 Square Feet
    • Dimensions: 16x15
    Kitchen
    • Level: First
    • Area: 180 Square Feet
    • Dimensions: 15x12
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Range, Refrigerator, Washer
    • Laundry: Laundry Room
    Features
    • Built-in Features, Ceiling Fan(s), Crown Molding, Eating Space In Kitchen, High Ceilings, Open Floorplan, Primary Bedroom Main Floor, Stone Counters, Thermostat
    • Flooring: Carpet, Laminate, Tile
    • Doors: Sliding Doors
    • Windows: Hurricane Shutters
    • Has fireplace: No
    Interior area
    • Total structure area: 2,522
    • Total interior livable area: 1,804 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    • Attached garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Enclosed, Patio, Porch, Screened
    • Exterior features: Private Mailbox, Rain Gutters, Sidewalk
    • Has private pool: Yes
    • Pool features: Gunite, Heated, In Ground, Screen Enclosure
    • Has view: Yes
    • View description: Garden
    Lot
    • Size: 6,050 Square Feet
    • Features: City Lot, Sidewalk
    • Residential vegetation: Mature Landscaping
    Details
    • Parcel number: 0428040032
    • Zoning: RSF3
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Mediterranean
    • Property subtype: Single Family Residence
    Materials
    • Block
    • Foundation: Slab
    • Roof: Tile
    Condition
    • Completed
    • New construction: No
    • Year built: 2001

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Natural Gas Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Pet fee: $0 monthly
    • Subdivision: BELLAGIO ON VENICE ISLAND
    HOA
    • Has HOA: Yes
    • HOA fee: $360 monthly
    • HOA name: Brian Rivenbark
    • HOA phone: 941-870-4920
    Location
    • Region: Venice

    Financial & listing details

    • Price per square foot: $363/sqft
    • Tax assessed value: $520,400
    • Annual tax amount: $4,986
    • Date on market: 3/19/2026
    • Cumulative days on market: 74 days
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    6/26/2026Sold$654,000-6.4%$363/sqft
    Source: Stellar MLS #N6143454 Report a problem
    6/1/2026Pending sale$699,000$387/sqft
    Source: Stellar MLS #N6143454 Report a problem
    5/20/2026Price change$699,000-3.6%$387/sqft
    Source: Stellar MLS #N6143454 Report a problem
    3/19/2026Listed for sale$725,000+93.4%$402/sqft
    Source: Stellar MLS #N6143454 Report a problem
    4/19/2011Listing removed$374,900$208/sqft
    Source: iseemedia #N5768891 Report a problem
    2/25/2011Listed for sale$374,900+8.7%$208/sqft
    Source: iseemedia #N5768891 Report a problem
    2/1/2011Sold$345,000-2.8%$191/sqft
    Source: Public Record Report a problem
    9/18/2010Price change$355,000-5.3%$197/sqft
    Source: NRT Florida #N5768891 Report a problem
    4/8/2010Price change$374,900-1.1%$208/sqft
    Source: NRT Florida #N5768891 Report a problem
    3/20/2010Listed for sale$379,000$210/sqft
    Source: iseemedia #N5767210 Report a problem
    2/4/2010Listing removed$379,000$210/sqft
    Source: NRT Florida #N5767210 Report a problem
    11/14/2009Listed for sale$379,000+15.7%$210/sqft
    Source: NRT Florida #N5767210 Report a problem
    9/7/2004Sold$327,500+47.5%$182/sqft
    Source: Public Record Report a problem
    4/17/2001Sold$222,100$123/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,986 +2.3%$374,200 +2.9%
    2024$4,876 +2.3%$363,654 +3%
    2023$4,765 -0.7%$353,062 +3%
    2022$4,799 -0.2%$342,779 +3%
    2021$4,810 -0.4%$332,795 +1.4%
    2020$4,832 -1%$328,200 -1%
    2019$4,880 $331,500 -2.1%
    2018$4,880 -2.6%$338,449 +8.2%
    2017$5,012 +14%$312,776 -7.1%
    2016$4,397 -1.4%$336,500 +6.8%
    2015$4,460 +1.4%$315,200 +15%
    2014$4,397 -4.7%$274,100
    2013$4,613 +6.8%$274,100 +5.5%
    2012$4,318 +0.7%$259,900 -0.9%
    2011$4,288 +2.5%$262,300 +3.8%
    2010$4,185 -4.3%$252,800 -9.3%
    2009$4,372 $278,800 -0.9%
    2008$4,372 -15.9%$281,300 -15.7%
    2007$5,198 $333,700 -9.1%
    2006-- $367,000 +21.8%
    2005-- $301,200 +14.5%
    2004$4,779 +7.9%$263,000 +9.4%
    2003$4,430 +5.6%$240,500 +6.2%
    2002$4,195 +273.1%$226,500 +251.7%
    2001$1,124 $64,400
    Find assessor info on the county website

    Neighborhood: The Island

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Venice Elementary
    • Middle: Venice Area Middle
    • High: Venice Senior High

    Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $653,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $653,900