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.
For sale
$998,000
766 Shadow Bay Way, Osprey, FL 34229
4beds
3,438sqft
Est.:
Single Family Residence
Built in 1998
0.29 Acres Lot
$931,500 Zestimate®
$290/sqft
$114/mo HOA
What's special
Covered lanaiAbundant natural lightFamily roomWide open floor planHeated community poolProtected nature preservesBar area
- 62 days
- on Zillow |
- 699 |
- 28 |
Zillow last checked: 7 hours ago
Listing updated: July 27, 2025 at 01:10pm
Listing Provided by:
Katrin Pfitzenreiter 917-543-8560,
COLDWELL BANKER SARASOTA CENT. 941-487-5600
Source: Stellar MLS,MLS#: A4652814
Originating MLS: Sarasota - Manatee

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Features: Walk-In Closet(s)
- Level: First
Bedroom 2
- Features: Built-in Closet
- Level: First
Bedroom 3
- Features: Built-in Closet
- Level: First
Bedroom 4
- Features: Built-in Closet
- Level: First
Bathroom 1
- Level: First
Bathroom 2
- Level: First
Bathroom 3
- Level: First
Bonus room
- Features: No Closet
- Level: First
Den
- Features: Storage Closet
- Level: First
Great room
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Office
- Features: Storage Closet
- Level: First
Heating
- Electric
Cooling
- Central Air, Ductless, Zoned
Appliances
- Included: Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
- Laundry: Laundry Room
Features
- Ceiling Fan(s), Central Vacuum, 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)
- Flooring: Carpet, Tile, Hardwood
- Doors: French Doors, Sliding Doors
- Windows: Window Treatments, Hurricane Shutters
- Has fireplace: Yes
- Fireplace features: Family Room
Interior area
- Total structure area: 4,457
- Total interior livable area: 3,438 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Exterior features: Garden, Irrigation System, Private Mailbox, Rain Gutters, Sidewalk
- Has private pool: Yes
- Pool features: Heated, In Ground, Lighting
- Has view: Yes
- View description: Pond
- Has water view: Yes
- Water view: Pond
- Waterfront features: Pond
Lot
- Size: 0.29 Acres
Details
- Parcel number: 0150150015
- Zoning: RSF1
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Block, Stucco
- Foundation: Slab
- Roof: Tile
Condition
- New construction: No
- Year built: 1998
Details
- Builder name: Arthur Rutenberg
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: BB/HS Internet Available, Cable Connected, Electricity Connected, Phone Available, Sewer Connected, Sprinkler Well, Street Lights, Underground Utilities, Water Connected
Community & HOA
Community
- Features: Fishing, Park, Playground, Pool
- Subdivision: RIVENDELL
HOA
- Has HOA: Yes
- Services included: Common Area Taxes, Community Pool, Reserve Fund, Manager, Pool Maintenance, Trash
- HOA fee: $114 monthly
- HOA name: Case Management / Fred Marks
- HOA phone: 941-922-3391
- Pet fee: $0 monthly
Location
- Region: Osprey
Financial & listing details
- Price per square foot: $290/sqft
- Tax assessed value: $792,900
- Annual tax amount: $6,344
- Date on market: 6/5/2025
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Asphalt, Paved
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