941-235-7474

Listing Details for MLS #A4687161
1016 Scherer Way, Osprey, Fl

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    Residential Property - Single Family Residence in Osprey

    Listing Price: $950,000 (Mortgage Calculator →)

    Description of Property

    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!The average asking price for a 4 bedroom/3 bath single family residence in this Zip code is $1,450,421. This single family residence is listed at about 66% of the average asking price. There are 4 4 bedroom/3 bath homes between $800,000 and $1,200,000 currently listed for sale in this Zip code. See other listings like this one »

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    Bedrooms: 4
    Bathrooms: 3
    Sq. Ft. Gross: 4,121
    Garage: Yes3 vehicles
    Carport: No
    Water Frontage: Pond

     

    Property Details At A Glance

    Property Type: Residential
    Property Use or Sub Type: Single Family Residence
    City: Osprey
    County: Sarasota
    Subdivision: Rivendell Unit 5 The Woodlands
    Bedrooms: 4
    Bathrooms: 3
    Sq. Ft. Gross: 4,121
    Sq. Ft. Living Area: 2,921
    Cost per (heated) sqare foot: $325
    Year built: 2003
    Annual Tax: $5,442

    HOA Fee: $115 Monthly
    Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.

    Association Fee Includes:

    • Recreational Facilities

    Interior Features: Other
    Appliances: Other

    Flooring: Other

    Laundry Features: Other

    Schools

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

    Pool & Waterfront Info

    Private Pool: Not specified
    Water Front: Yes
    Water Frontage: Pond

    Exterior & Construction

    Architectural Style: Florida
    Construction: Stucco
    Foundation: Slab
    Roof: Tile
    Exterior Features: Other
    Garage: Yes
    Garage Spaces: 3
    Floors Total: 1
    Floors in Unit: One
    Cooling: Central Air
    Heating & Fuel: Electric
    Patio & Porch Features: Other
    View: Water

    Utilities: Other
    Sewer: Public Sewer
    Water Source: Public
    Community Features: Sidewalks
    Association Amenities: Trail(s)

    Lot Information

    Lot Features: Sidewalk
    Lot Size (acres): 0.22
    Lot Size (sq. ft.): 9,750 square feet
    Road Frontage: Street Paved
    Front Exposure: Northwest

    Legal Description & Other Information

    Financing Available: VA Loan
    Parcel Number: 0150010019
    Zoning: RSF1
    Pets Allowed/Pet Policies: Yes
    Tax Legal Desc.: LOT 109 RIVENDELL UNIT 5 THE WOODLANDS
    Section: 11
    Range: 18E

    Map

     

    Listing courtesy of RE/MAX ALLIANCE GROUP. 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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        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
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