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$998,000
1 Day On Site

766 SHADOW BAY WAY
OSPREY, FL 34229

For Sale|Single Family Residence|Active
4
Beds
3
Total Baths
3
Full Baths
3,438
SqFt
$290
/SqFt
1998
Built
Subdivision:
RIVENDELL
County:
Sarasota
Call Now: 941-685-5565
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941-685-5565
766 SHADOW BAY WAY766 SHADOW BAY WAY766 SHADOW BAY WAY766 SHADOW BAY WAY
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Nestled on a quiet street in the highly sought-after Rivendell community, this former model home by renowned custom luxury builder Arthur Rutenberg 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. CLICK THE VIRTUAL TOUR LINK.

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Listing Snapshot
Price 
$998,000
Days On Site 
1 Day
Bedrooms 
4
Inside Area (SqFt) 
3,438 sqft
Total Baths 
3
Full Baths 
3
Partial Baths 
N/A
Lot Size 
0.29 Acres
Year Built 
1998
MLS® Number 
A4652814
Status 
Active
Property Tax 
$6,344
HOA/Condo/Coop Fees 
$684 Semi-Annually
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
10 hours agoListing updated with changes from the MLS®
yesterdayListing first seen on site
General Features
Acres 
0.29
Attached Garage 
Yes
Direction Faces 
Northwest
Foundation 
Slab
Garage 
Yes
Garage Spaces 
2
Parking 
Attached
Pets 
Yes
Property Sub Type 
Single Family Residence
Sewer 
Public Sewer
SqFt Total 
4457
Stories 
One
Utilities 
Cable AvailableCable ConnectedElectricity ConnectedPhone AvailableSewer ConnectedUnderground UtilitiesWater Connected
Water Source 
Public
Zoning 
RSF1
Interior Features
Appliances 
Convection OvenDishwasherDisposalDryerElectric Water HeaterExhaust FanMicrowaveRangeRefrigeratorWasher
Cooling 
Central AirDuctlessZoned
Fireplace 
Yes
Fireplace Features 
Family Room
Flooring 
CarpetTileWood
Heating 
Electric
Interior 
Crown MoldingHigh CeilingsOpen FloorplanTray Ceiling(s)Walk-In Closet(s)
Laundry Features 
Laundry Room
Bathroom 1 
Level - First
Bathroom 2 
Level - First
Bathroom 3 
Level - First
Bedroom 2 
Level - First
Bedroom 3 
Level - First
Bedroom 4 
Level - First
Bonus Room 
Level - First
Den 
Level - First
Great Room 
Level - First
Kitchen 
Level - First
Living Room 
Level - First
Master Bedroom 
Level - First
Office 
Level - First
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Exterior Features
Construction Details 
BlockStucco
Exterior 
GardenRain Gutters
Lot Features 
Waterfront
Pool Features 
HeatedIn GroundPrivate
Private Pool 
Yes
Roof 
Tile
View 
PondWater
Waterfront 
Yes
Waterfront Features 
Pond
Waterview 
PondWater
Community Features
Association Dues 
684
Community Features 
ParkPlaygroundPoolStreet Lights
HOA Fee Frequency 
Semi-Annually
MLS Area 
34229 - Osprey
Roads 
AsphaltPaved
Township 
38
Schools
School District
Unknown
Elementary School
Laurel Nokomis Elementary
Middle School
Laurel Nokomis Middle
High School
Venice Senior High
Listing courtesy of COLDWELL BANKER SARASOTA CENT. 9175438560



Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2025, Stellar MLS.
Last checked: 2025-06-06 08:57 PM EDT

Neighborhood & Commute
Source: Walkscore
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