tomo logo

$1,100,000

Beds
4
Baths
3.0
sq ft
3,321

742 Shadow Bay Way, Osprey, FL 34229

742 Shadow Bay Way

OSPREY, FL 34229

  • <1 day on market
ARTHUR RUTENBERG HOME . . . FORMER MODEL . . . NEW ROOF . . . NEW INTERIOR AND EXTERIOR PAINT . . . HURRICANE DOUBLE-LAYER IMPACT WINDOWS . . . NEW OVEN . . . NEW BAMBOO FLOORING IN GUEST BEDROOMS . . . NEW PRIMARY AREA AC . . . Discover luxury in this Arthur Rutenberg former model home, located in the highly sought-after Woodlands at Rivendell community and award winning Pine View school district. This beautifully maintained home has been thoughtfully updated. It was built with a hip roof design to ensure improved energy efficiency and the lanai screen comes with a 10-year warranty, nylon SPF UV-coated for extra shading. Inside, you’ll find soaring 14-foot ceilings, elegant crown molding and custom-built closets in every room, all designed to provide comfort, convenience and sophistication. The updated kitchen is a chef’s dream, boasting a new special-sized oven and a convection microwave, along with sleek granite countertops and under-cabinet lighting. The primary bath has been modernized with new rainwater windows, replacing the outdated glass bricks. In the guest room, you’ll appreciate the new bamboo flooring, and the guest/pool bath has been completely remodeled for a fresh, contemporary feel. Two A/C units keep the home comfortable year-round, with the primary unit being only one year old and the second unit nine years old. The home also has well water for irrigation, providing cost-saving benefits while maintaining lush landscaping. Designed for entertaining, this home offers a built-in wet bar, an outdoor kitchen equipped with an integrated entertainment system featuring sound and lighting, and a saltwater pool with a built-in vacuum system. As the only home in the neighborhood, on a lake, with a fully fenced-in yard, this property offers privacy and ample space for pets or outdoor activities. The aquarium windows add a beautiful touch, allowing for scenic views of the surrounding nature. A two-car garage includes a bonus third space, ideal for storage or a second home office or possible in-law suite with private exterior doors. This versatile bonus space presents endless possibilities, from creative uses to accommodating multi-generational living. Backing up to Oscar Scherer State Park, this home offers serene water views and a tranquil setting with direct access to nature trails. The home is situated next to the park, providing an enhanced level of privacy and access to the scenic landscape, while offering picturesque lake views from the property. The home is also located in the award-winning Pine View school district and offers convenient access to Tamiami Trail and I-75, making Sarasota and Venice a short distance away. The Woodlands at Rivendell community is designed to embrace the Florida lifestyle, featuring parks, lakes, a community pool and easy access to the Legacy Bike Trail, all just steps from your front door. This is a rare opportunity to own a beautifully updated home in one of Osprey’s most desirable communities. Schedule your private showing today.

Details

Property type

Single Family Residence

Est. home value

$1,114,966

Lot size

0.26 acres

Price per sq ft

$332

Year built

2002

Annual property taxes

$7,072.56

HOA fee

$684

Price History

03/13/2025
StellarMLS

StellarMLS #A4644210

Listed
$1,100,000
+65.41%
04/11/2016
StellarMLS

StellarMLS #A4141882

Sold
$665,000
+4.72%
04/22/2014
StellarMLS

StellarMLS #A3992817

Sold
$635,000
-20.63%

Schools & Community

Elementary school: 

Laurel Nokomis Elementary

Middle school: 

Laurel Nokomis Middle

High school: 

Venice Senior High

Community features: 

Park, Playground, Sidewalks

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$566,451
Asking price
$1,100,000
Closing costs (~8% of asking)
-$88,000
Est. remaining loan balance
-$445,549
Cash to seller
$566,451

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Quicken Loans Llc

Loan start date

January 2021

Original loan amount

$491,500

Est. remaining balance

$445,549

Interest rate

2.84%

Loan type

New Conventional, 30 year

Seller

Jared Lee Moore and Jennifer Miller Moore

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/14/2025 at 11:15 AM

Listing updated: 03/14/2025 at 6:54 AM

Listed by: REENY Kaney, RE/MAX ALLIANCE GROUP Phone #: (941) 954-5454

MLS: StellarMLS #A4644210

StellarMLS logo

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