941-235-7474

Listing Details for MLS #A4631910
1862 Island Way, Osprey, Fl

Residential Property - Single Family Residence in Osprey

SOLD for $2,000,000 on April 21, 2025

Listing Price: $2,195,000Sold Price: $2,000,000Sold Price/List Price: 91%
Sold Price/Original List Price: 82.47%Days on Market: 76

Description of Property

South Sarasota waterfront property surrounded by 312-ft. of water on three sides feels like living on a private island. Serene privacy on a cul de sac in the secluded South Creek community directly across from Oscar Scherer State Park and just 5 minutes to Pine View School for the Gifted. Located between Sarasota and Venice with easy access to the best amenities in both communities including beaches, shopping, dining, arts, medical and personal services. This “island” playground is an outdoor enthusiast’s delight. Private dock with kayak/paddleboard launch provides easy access to Sarasota’s coastal waterways for endless days enjoying Florida’s year-round sun and fun. Take a kayak trip to Nokomis Breakfast Cottage, Oscar Scherer State Park or secret mangrove tunnels. Relax on the back porch and be on the lookout for manatees, dolphins, pelicans and ospreys. A five-minute drive takes you to Nokomis Beach. The nearby Legacy Trail offers over 20 miles of rails-to-trails paved cycling paths. Spectacular sunsets are a daily celebration. The 5,233 sq. ft. residence has four bedrooms and three-and-a-half baths. Living areas include formal living room with cathedral ceiling and built-in Bose sound system, formal dining room, family room with wood-burning fireplace and four exterior balconies. The ground floor has various climate-controlled rooms and screened in areas, laundry room and pool shower. Outdoor amenities include heated swimming pool, pergola with bench swings, bocce court and dock. South Creek is a gated community with easy access to US 41 and I-75. This residence is on the same street as the community amenities which include tennis courts, basketball, playground, day dock and night security gate. The singular combination of location, waterfront and size make this a desirable property for an exceptional lifestyle.The average asking price for a 4 bedroom/3 bath single family residence in this Zip code is $1,413,300. This single family residence is listed at about 155% of the average asking price. This is the only 4 bedroom/3 bath single family residence between $1,800,000 and $2,600,000 currently listed for sale in this Zip code.

Property Details At A Glance

Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Osprey
County: Sarasota
Subdivision: South Creek
Bedrooms: 4
Bathrooms: 3
Sq. Ft. Gross: 8,216
Sq. Ft. Living Area: 3,598
Cost per (heated) sqare foot: $610
Year built: 1982
Annual Tax: $10,550

HOA Fee: $425 Quarterly
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.

Association Fee Includes:

  • Manager

Interior Features: Ceiling Fan(s), Kitchen/Family Room Combo

Appliances:

  • Cooktop
  • Dishwasher
  • Dryer
  • Electric Water Heater
  • Microwave
  • Refrigerator
  • Washer

Fireplace: Yes
Fireplace Features: Stone, Wood Burning

Additional Rooms:

  • Breakfast Room Separate
  • Den/Library/Office
  • Family Room
  • Formal Dining Room Separate
  • Formal Living Room Separate
  • Storage Rooms

Flooring:

  • Carpet
  • Tile
  • Hardwood

Laundry Features: Inside

Schools

Elementary School: Laurel Nokomis Elementary
Middle/Junior High School: Laurel Nokomis Middle
High School: Venice Senior High

Pool & Waterfront Info

Private Pool: Yes
Pool Features: In Ground
Water Front: Yes

Water Frontage:

  • Waterfront
  • Bay/Harbor
  • Intracoastal Waterway

Water Access: Yes

Water Access Type:

  • Bay/Harbor
  • Gulf/Ocean
  • Intracoastal Waterway

Water Name: DRYMAN BAY

Water Extras: Riprap

Exterior & Construction

Architectural Style: Custom
Construction: Wood Siding
Foundation: Stem Wall
Roof: Shingle

Exterior Features:
  • Awning(s)
  • Balcony
  • Irrigation System
  • Rain Gutters
  • Sliding Doors

Garage: Yes
Garage Spaces: 2
Parking Features: Driveway
Floors Total: 1
Floors in Unit: Two
Cooling: Central Air
Heating & Fuel: Electric
Electric:

Patio & Porch Features:

  • Patio
  • Porch
  • Screened

Security Features:

  • Fire Alarm
  • Gated Community
  • Security Lights
  • Security System

Other Structures:
View: Water
Fencing:

Utilities:

  • BB/HS Internet Available
  • Cable Connected
  • Electricity Connected
  • Phone Available
  • Sewer Connected
  • Water Connected

Sewer: Private Sewer
Water Source: Public

Community Features:

  • Community Boat Ramp
  • Fishing
  • Intracoastal Waterway
  • Water Access
  • Waterfront
  • Deed Restrictions
  • Gated Community - No Guard
  • Park
  • Playground
  • Sidewalks
  • Tennis Court(s)

Lot Information

Lot Features:

  • Cul-De-Sac
  • Flood Zone
  • In County
  • Landscaped
  • Level

Lot Size (acres): 0.39
Lot Size (sq. ft.): 16,833 square feet
Lot Dimensions: 105 x 132 x 312 x 90
Front Exposure: Northeast

Legal Description & Other Information

Financing Available: Cash, Conventional
Parcel Number: 0158090007
Zoning: RSF2
Pets Allowed/Pet Policies: Yes
Tax Legal Desc.: LOT 4 & PART OF LOT 5 DESC AS BEG SE COR LOT 5 TH S-81-30 W 108.07 FT TH N-63-31-05 E 67.15 FT TH N-81-30 E 48.34 FT TH SLY 23.78 FT TO POB SOUTH CREEK
Section: 15
Range: 18E

 

Listing courtesy of PREMIER SOTHEBYS INTL REALTY. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.

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Suncoasteam Realty, LLC
Main Office: 21202 Olean Blvd Unit C-3, Port Charlotte, FL 33952
Mailing Address: PO Box 380503, Port Charlotte, FL 33938
Phone: 941-235-7474
Email: sales@avalonsuncoast.com



https://suncoasteam.com/details?MLNum=A4631910