Welcome to Luxury Living in Rivendell! Nestled on a premium, private lot with serene lake and preserve views, this impeccably maintained, custom-built Arthur Rutenberg home offers elegance, comfort, and thoughtful design in every detail. Boasting 3,321 sq ft of refined living space, this residence features an open split floor plan, soaring ceilings, and abundant natural light throughout. The expansive primary suite is a true retreat, complete with crown molding, an oversized layout, and sliding glass doors that open directly to the lanai—perfect for morning coffee or evening relaxation. The home includes three full bathrooms, one with direct pool access, three generously sized guest bedrooms, and a spacious office ideal for working from home or a creative studio. A highlight of this home is its versatile garage configuration, with the potential to convert the current space into a third bay or use it as a bonus area for a gym, storage, or workshop. Step outside to your private oasis. The southern-facing lanai and saltwater pool area are designed for relaxation and entertaining. Enjoy the outdoor kitchen with built-in grill and bar top, integrated lighting and sound system, and a built-in pool vacuum for easy maintenance. The pool cage was recently updated and includes a 10-year warranty for added peace of mind. This home was built with energy efficiency in mind, including a hip roof for optimal performance. The roof is brand new, and both the interior and exterior have been freshly painted. Dual-zone A/C keeps the home cool and efficient—one unit is just one year old, while the second is well-maintained at nine years. Enter through grand double doors into a formal living and dining area. The large family room opens seamlessly to the lanai through sliding glass doors, creating a perfect flow for indoor-outdoor living. The kitchen, designed for both function and style, includes granite countertops, wood cabinetry, under-cabinet lighting, a new oven, and a spacious breakfast bar—ideal for gatherings and everyday living. Located in the highly sought-after community of Rivendell, residents enjoy access to nearly 400 acres of pristine lakes, scenic ponds, protected preserves, and abundant green space. Community amenities include a heated pool, walking and biking trails, playground, parks, and a charming gazebo. Just minutes away from top-rated Pine View School for the Gifted (grades 2–12), Legacy Trail, world-renowned beaches, shopping, medical facilities, and fine dining—this home truly has it all. All information provided by the sellers is deemed reliable but is not guaranteed. Buyers are encouraged to verify all information independently.
Sold for $962,500 on 08/07/25
$962,500
742 Shadow Bay Way, Osprey, FL 34229
4beds
3,321sqft
Single Family Residence
Built in 2002
0.26 Acres Lot
$962,300 Zestimate®
$290/sqft
$5,340 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: August 07, 2025 at 06:49am
Listing Provided by:
REENY Kaney 941-954-5454,
RE/MAX ALLIANCE GROUP 941-954-5454,
Lisa Kroshus 941-303-3429,
RE/MAX ALLIANCE GROUP
Bought with:
Mickey Schweitzer, 0697466
MS REALTY MICKEY SCHWEITZER & ASSOCIATES LLC
Source: Stellar MLS,MLS#: A4644210
Originating MLS: Sarasota - Manatee

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Features: Ceiling Fan(s), Walk-In Closet(s)
- Level: First
- Area: 240 Square Feet
- Dimensions: 15x16
Bedroom 2
- Features: Ceiling Fan(s), Built-in Closet
- Level: First
- Area: 132 Square Feet
- Dimensions: 11x12
Bedroom 3
- Features: Jack & Jill Bathroom, Built-in Closet
- Level: First
- Area: 132 Square Feet
- Dimensions: 11x12
Bedroom 4
- Features: Ceiling Fan(s), Built-in Closet
- Level: First
- Area: 132 Square Feet
- Dimensions: 11x12
Primary bathroom
- Features: Water Closet/Priv Toilet
- Level: First
Den
- Features: Ceiling Fan(s)
- Level: First
- Area: 132 Square Feet
- Dimensions: 11x12
Dining room
- Level: First
- Area: 132 Square Feet
- Dimensions: 11x12
Family room
- Level: First
- Area: 391 Square Feet
- Dimensions: 17x23
Kitchen
- Level: First
- Area: 120 Square Feet
- Dimensions: 10x12
Living room
- Level: First
- Area: 224 Square Feet
- Dimensions: 14x16
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Convection Oven, Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
- Laundry: Inside
Features
- Built-in Features, Ceiling Fan(s), Eating Space 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
- Flooring: Bamboo, Ceramic Tile
- Doors: French Doors, Outdoor Kitchen
- Windows: Storm Window(s), Window Treatments
- Has fireplace: No
Interior area
- Total structure area: 4,609
- Total interior livable area: 3,321 sqft
Property
Parking
- Total spaces: 3
- Parking features: Garage - Attached
- Attached garage spaces: 3
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Screened
- Exterior features: Irrigation System, Outdoor Kitchen, Rain Gutters
- Has private pool: Yes
- Pool features: Auto Cleaner, Heated, In Ground, Salt Water, Screen Enclosure, Self Cleaning
- Has spa: Yes
- Spa features: In Ground
- Fencing: Other
- Has view: Yes
- View description: Park/Greenbelt, Water, Lake
- Has water view: Yes
- Water view: Water,Lake
- Waterfront features: Lake, Lake Front
Lot
- Size: 0.26 Acres
- Residential vegetation: Mature Landscaping
Details
- Parcel number: 0155020014
- Zoning: RSF1
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Custom
- Property subtype: Single Family Residence
Materials
- Block, Stucco
- Foundation: Slab
- Roof: Tile
Condition
- New construction: No
- Year built: 2002
Utilities & green energy
- Sewer: Public Sewer
- Water: Public, Well
- Utilities for property: Cable Connected, Electricity Connected, Sprinkler Well, Street Lights, Underground Utilities
Community & neighborhood
Community
- Community features: Lake, Deed Restrictions, Park, Playground, Sidewalks
Location
- Region: Osprey
- Subdivision: RIVENDELL
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $114 monthly
- Amenities included: Park, Playground, Pool
- Services included: Common Area Taxes, Community Pool, Reserve Fund, Manager
- Association name: Casey Management
- Association phone: 941-922-3391
Other fees
- Pet fee: $0 monthly
Other financial information
- Total actual rent: 0
Other
Other facts
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Road surface type: Paved
Services availability
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Estimated market value
$962,300