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$962,500
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Property Description
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.
Full Property Details
Full Property Details for 742 Shadow Bay Way
General
- Sold For: $962,500
- HOA FEE: $114/month
- HOA FEE FREQ.: Semi-Annually
- Taxes: $7,072 (2024)
- Status: Closed
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: A4644210
- Added to Site: 309 day(s) ago
Rental Information
- Min. Lease: 3 Months
Interior
- Number of Rooms: 10
- Interior 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, Window Treatments
- Appliances: Convection Oven, Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
- Flooring: Bamboo, Ceramic Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Inside
Additional Information
- Shared Amenities: Park, Playground, Pool
- Pool: Yes
- Private Pool: Yes
- Pool Description: Auto Cleaner, Heated, In Ground, Salt Water, Screen Enclosure, Self Cleaning
- Spa: Yes
- Spa Description: In Ground
Exterior
- Exterior Features: French Doors, Irrigation System, Outdoor Kitchen, Rain Gutters
- Deck/Patio: Covered, Screened
- Porch/Patio/Deck: Covered, Screened
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 3
- Covered Spaces: 3
Location
- Area: 34229 - Osprey
- County: Sarasota
- Development Name: 34229 - Osprey
- Subdivision: RIVENDELL
- Driving Directions: U.S. 41 to Old Venice Road to Rivendell Blvd., right on Rainbow Point to the end, turn left on Shadow Bay Way to #742 on your right
- Direction Faces: Northeast
School Information
- Elementary School: Laurel Nokomis Elementary
- Middle School: Laurel Nokomis Middle
- High School: Venice Senior High
Community
- Community Name: 34229 - Osprey
- Community Features: Lake, Deed Restrictions, Park, Playground, Sidewalks
- Optional Amenities: Park, Playground, Pool
- Association: Yes
- Assoc. Name: Casey Management
- Assoc. Fees Include: Common Area Taxes, Community Pool, Escrow Reserves Fund, Manager
- Pet Restrictions: As per HOA rules
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public, Well
- Utility Description: Cable Connected, Electricity Connected, Sprinkler Well, Street Lights, Underground Utilities
Structural Information
- Architectural Info: Custom
- Architectural Style: Custom
- Exterior Const.: Block, Stucco
- Roof: Tile
- Windows: Storm Window(s)
- Stories/Levels: One
- Square Feet: 3,321
- Sq. Ft. Source: Public Records
- Living Area: 3,321 Sq. Ft.
- Year Built: 2002
Lot Features
- Property View: Park/Greenbelt, Water
- Lot Size (Acres): 0.26
- Lot Size (Sq. Ft.): 11,245
- Lot Size: 11245
- Street/Road Desc.: Paved
- Fencing (Description): Other
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Lake, Lake Front
Financial Considerations
- Association Fee: $684
- Assoc Fee Freq.: Semi-Annually
- Assoc Fee Desc.: Required
- Tax Amount: $7,072.56
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: LOT 29 PARCEL B RIVENDELL UNIT 2
- Flood Zone Info: X
- APN: 155020014
- Property ID: 155020014
Listed by Re/Max Alliance Group
Sold by Ms Realty Mickey Schweitzer & Associates Llc
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Schools
Schools serving 742 Shadow Bay Way
School District:Sarasota County School District
| Name | Grades | Distance |
|---|---|---|
Laurel Nokomis School 1900 Laurel Road East, Nokomis, FL 34275 | PK-8 | 4.2 mi |
Venice Senior High School 1 Indian Avenue, Venice, FL 34285 | 9-12 | 6.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 742 Shadow Bay Way
Date
Details
Price
Change
Source
8/07/2025
Sold
$962,500
-8.33%
MLS
5/30/2025
Price Reduced
$1,050,000
-4.55%
MLS
3/13/2025
Listed
$1,100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
742 Shadow Bay Way, Osprey, FL 34229 (MLS# A4644210) is a Single Family property that was sold at $962,500 on August 07, 2025. Want to learn more about 742 Shadow Bay Way? Do you have questions about finding other Single Family real estate for sale in Osprey? You can browse all Osprey real estate or contact a Coldwell Banker agent to request more information.

