$655,000
816 Shadow Bay Way
Osprey, FL 34229
Listing updated: June 22, 2026 at 10:07 AM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Garage spaces
Flood zone
About this home
Set within Rivendell's 400 acres of lakes, preserves, and open spaces, this Osprey pool home checks the boxes buyers rarely find together: a quiet, established neighborhood, a long list of owner-completed updates, and no CDD fees. If you're looking for a move-in-ready foundation you can personalize over time, this one deserves a look. Major updates include: • NEW ROOF and GARAGE DOOR (2023) • NEW A/C (2021) • New dishwasher and garbage disposal (2020) • New pool pump (2017) • Irrigation well deepened (2016) • New pool cage (2015) • Replumbed (2012) Additional features include a portable generator that conveys with the sale. Inside, high ceilings and abundant natural light create an airy atmosphere throughout. Granite countertops in the kitchen and all bathrooms. The split floor plan separates the primary suite from guest bedrooms, while the main living areas open through sliding glass doors to the covered lanai and private pool, an ideal setup for entertaining or everyday Florida living. The generous 3-car garage adds flexibility for storage, hobbies, or workspace. Rivendell is known for its scenic preserve setting, walking trails, heated community pool, and peaceful park-like atmosphere. Residents enjoy convenient access to the Legacy Trail, Oscar Scherer State Park, Nokomis Beach, Siesta Key Beach, shopping, dining, and everyday conveniences along US-41. Approximately 1 mile from Pine View School, consistently ranked among the top public schools in the nation. Low HOA fees, no CDD fees, and a location close to beaches, nature, and everyday conveniences make this a rare find in one of Osprey's most established communities.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history0 days on market
- Status: ActiveJun 22, 2026
- Listed$655,000Jun 22, 2026
- Price increased$655,000
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 0
- Subdivision
- Rivendell
- County
- Sarasota
- Year built
- 1998
- Living area
- 2,251 sq ft
- Price/sq ft
- $291
- Building area
- 3,328 sq ft (Public Records)
- Lot size
- 11,245 sq ft
- Lot category
- 1/4 to less than 1/2
- Flood zone
- X (12115C0236G)
- Garage
- 3 spaces
- Pool
- Private pool
- Annual taxes
- $4,453 (2025)
- Parcel #
- 0150150002
- Zoning
- RSF1
- MLS #
- A4690226
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Interior Details
- Bedrooms
- 3
- Full bathrooms
- 3
- Flooring
- Carpet, Tile, Wood
- Appliances
- Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer, Water Filtration System
- Interior features
- Ceiling Fans(s), Crown Molding, Eat-in Kitchen, High Ceilings, Kitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Wood Cabinets, Stone Counters, Thermostat, Walk-In Closet(s)
- Laundry
- Inside, Laundry Room
- Stories / Levels
- One
- Direction faces
- Southeast
Heating & Cooling
- Heating
- Electric
- Cooling
- Central Air
Parking
- Garage spaces
- 3
- Attached garage
- Yes
HOA & Financial
- HOA fee
- $721 / Semi-Annually
- Monthly HOA
- $120/mo
- Total monthly fees
- $120/mo
- Total annual fees
- $1,442
- HOA name
- Kim Payne
- CDD
- No
- Homestead exemption
- Yes
- Min lease term
- 3 Months
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- Yes
- Additional lease restrictions
- completed Rental Notice and Acknowledgment form must be submitted to the Property Manager by both the homeowner/tenant before the tenant moves in.
- Approval process
- Each rental must have a minimum duration of 90 days, with no more than three rentals permitted per calendar year.
Exterior & Construction
- Exterior features
- Outdoor Grill, Private Yard, Rain Gutters, Sidewalk, Sprinkler Metered
- Construction materials
- Block, Stucco
- Roof
- Tile
- Foundation
- Slab
- Pool
- Private pool
- Road surface
- Asphalt, Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- BB/HS Internet Available, Cable Connected, Electricity Connected, Phone Available, Public, Sewer Connected, Sprinkler Well, Underground Utilities, Water Available, Water Connected
Community
- Pets allowed
- Cats OK, Dogs OK, Yes
Schools
Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Primary Bedroom | First | 12x18 |
| Primary Bathroom | First | |
| Bedroom 2 | First | 11x11 |
| Bedroom 3 | First | 10x11 |
| Bathroom 2 | First | |
| Bathroom 3 | First | |
| Kitchen | First | |
| Family Room | First | |
| Living Room | First | |
| Laundry | First | |
| Office | First | |
| Dining Room | First |
Listing Details
- Listing date
- 2026-04-10
- On market date
- 2026-06-22
- Original list price
- $655,000
- Occupant type
- Vacant
- MLS area
- 34229 - Osprey
- Listing AOR
- Sarasota - Manatee
- Status changed
- 2026-06-22
- Tax legal description
- LOT 2 PARCEL B RIVENDELL UNIT 2
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
From US-41/Tamiami Trail in Osprey, turn east onto Old Venice Road at the entrance to Rivendell. Continue on Old Venice Road, then turn right onto Rivendell Boulevard. Follow Rivendell Boulevard through the community and turn left on Rainbow Point then first left onto Shadow Bay Way. Continue down Shadow Bay Way to 816 Shadow Bay Way on your left.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of June 22, 2026 at 10:07 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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