1016 SCHERER WAY Osprey, FL $ 950,000
1016 SCHERER WAY
$ 950,000
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1016 SCHERER WAY

Osprey, FL, 34229
$ 950,000
Bedrooms4 Baths3.0 Sq 2,921

Monthly Estimate*

$ 5,849

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Single Family Home for sale in Osprey, FL

for $950,000 with 4 bedrooms and 3 full baths. This 2,921 square foot home was built in 2003 on a lot size of 0.22.

BEAUTIFUL INSIDE and exceptionally well maintained, this Rivendell home offers the kind of upgrades, efficiency, and outdoor living that are becoming increasingly hard to find. This Luxurious home is situated on a large beautifully landscaped, lake front lot with a Southeast Exposure overlooking Oscar Scherer State park! The interior layout is spacious and functional, featuring tile flooring throughout the main living areas and carpet in the bedrooms for comfort. A dedicated front office connects directly to the primary suite, creating a flexible space ideal for working from home, a sitting room, or even a private retreat. High ceilings and an open flow between the living spaces enhance the overall feel, while the home’s condition reflects true pride of ownership. Step outside and the property truly separates itself. The heated pool has been resurfaced with Pebble Tec and features a solar heating system that was just replaced in 2024, providing year-round enjoyment with energy efficiency. The outdoor space is further enhanced with hurricane roll-down protection, an outdoor stereo system, and a removable baby safety fence—offering both entertainment and peace of mind. Major updates have already been handled, including a BRAND NEW ROOF in 2025 with a transferable 20-year warranty and TWO NEW A/C systems installed in 2025. The home also benefits from an irrigation well, helping maintain the lush landscaping while keeping water costs zero. Total electric costs have remained under $2,400 annually for the entire property, showcasing impressive efficiency for a home of this size. Additional features include a mini-split A/C system in the garage paired with an insulated garage door—perfect for a workshop, gym, or climate-controlled space—as well as a large safe that conveys with the sale. Rivendell residents enjoy a well-rounded lifestyle with low HOA fees that include a heated community pool, playground, and scenic recreational trails—all with no CDD fees. The community offers a rare private path directly to Pine View School and borders Oscar Scherer State Park along with over 200 acres of preserved land, creating a unique blend of convenience and natural surroundings. The home is near both Siesta and Nokomis Beaches, Costco, and loads of shopping and restaurants. Home is situated less than a mile from the Legacy Bike Trail. Minutes to the distinguished Pine View School, the #1 rated public gifted college-prep school in Florida. This is a rare opportunity to own a move-in-ready home where the major expenses have already been taken care of—offering a combination of condition, upgrades, and outdoor lifestyle that is hard to match. Book your private showing now to see this property for yourself!

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Single Family Active

Price

$ 950,000

Bedrooms

4

Full Bath

3

Property Type

Single Family

Taxes

$ 5,441

Style

Florida

Lot Size

0.22

Year Built

2003

Town/City

Osprey

County/Region

Sarasota

MLS | Web ID

A4687161

Features
General
Sewer Public Sewer
Heating Central Electric
Cooling Central Air
Utilities Other
Roof Tile
Appliances Other
Zoning RSF1
HOA Fee 115
Garage Spaces 3
Association Fee Includes Community Pool Maintenance Structure Maintenance Grounds Maintenance Repairs Manager Pool Maintenance Recreational Facilities
Patio/Porch Features Other
Architectural Style Florida
Construction Materials Stucco
Pets Allowed Yes
Year Built 2003
View Water
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
Waterfront Features Pond
Community Features Buyer Approval Required Golf Park Playground Pool Sidewalks
Assoc Fee Paid Per Monthly
County Sarasota
New Construction false
Property Type Residential
Association Amenities Golf Course Park Playground Pool Recreation Facilities Trail(s)
Attached Garage true
Subdivision Name RIVENDELL UNIT 5 THE WOODLANDS
Facing Direction Northwest
Garage Y/N true
Total Rooms 8
Full Baths 3
Status Active
Directions Use GPS
High School Venice Senior High
City OSPREY
Association Name Kim Payne
Senior Community Y/N false
MLS Area 34229 - Osprey
Lot Size Units Square Feet
Lot Size Square Feet 9750
Carport Y/N false
Listing Terms Cash Conventional FHA VA Loan
Elementary School Laurel Nokomis Elementary
Land Lease Y/N false
Tax Annual Amount 5441.75
Middle/Junior High School Sarasota Middle
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4687161
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Vacant
Tax Lot 109
Legal Description LOT 109 RIVENDELL UNIT 5 THE WOODLANDS
Water View Pond
Minimum Lease 3 Months
Water Access Y/N false
Monthly HOA Amount 115
Water View Y/N true
Flood Zone Code X
DockY/N false
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Interior
Interior Amenities Other
Flooring Other
Furnished Y/N Unfurnished
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Half Baths 0
Laundry Features Other
Total Bedrooms 4
Total Baths 3
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Exterior
Exterior Amenities Other
Vegetation Mature Landscaping Trees/Landscaped
Lot Features City Lot Sidewalk
Water Source Public
Lot Size Area 9750
Foundation Details Slab
Building Area Total 4121
Lot Size Acres 0.22
Road Surface Type Paved Asphalt
Private Pool false
Waterfront Y/N true
Covered Spaces 3
Road Frontage Type Street Paved
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* Excluded Features
List By
Re/Max Alliance Group

Broker

Rachel@teamtritschler.com

Email

Affordability Calculator

$6,303
Per Month
93%
7%
0%
Monthly Principal & Interest
$5,849
Monthly Property Taxes
$453
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Venice Senior High High School High School
Pricing History
DatePricePrice ChangeDescription
3/29/2026$950,000 Listed Price

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1016 SCHERER WAY, Osprey, FL, 34229 is a Single Family Home for sale at $950,000 with 2,921 sqft and a lot size of 0.22. 1016 SCHERER WAY has 4 bedrooms, 3.0 baths, and was built in 2003. The property's zip code is 34229 which is in Osprey, FL