1016 SCHERER WAY, OSPREY, FL, 34229

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$950,000
1 Day On Site

1016 SCHERER WAY
OSPREY, FL 34229

For Sale|Single Family Residence|Active
4
Beds
3
Total Baths
3
Full Baths
2,921
SqFt
$325
/SqFt
2003
Built
Subdivision:
RIVENDELL UNIT 5 THE WOODLANDS
County:
Sarasota
Call Now: (239) 282-4705
Is this the listing for you? We can help make it yours.
(239) 282-4705
1016 SCHERER WAY1016 SCHERER WAY1016 SCHERER WAY1016 SCHERER WAY
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Monthly Payment (Est.)

$4,334
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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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Listing Snapshot
Price 
$950,000
Days On Site 
1 Day
Bedrooms 
4
Inside Area (SqFt) 
2,921 sqft
Total Baths 
3
Full Baths 
3
Partial Baths 
N/A
Lot Size 
0.22 Acres
Year Built 
2003
MLS® Number 
A4687161
Status 
Active
Property Tax 
$5,441.75
HOA/Condo/Coop Fees 
$115 monthly
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
17 minutes agoListing updated with changes from the MLS®
yesterdayListing first seen on site
General Features
Acres 
0.22
Attached Garage 
Yes
Direction Faces 
Northwest
Foundation 
Slab
Garage 
Yes
Garage Spaces 
3
Levels 
One
Number Of Stories 
1
Parking 
Attached
Pets 
Yes
Property Sub Type 
Single Family Residence
Sewer 
Public Sewer
SqFt Total 
4121
Style 
Florida
Utilities 
Other
Water Source 
Public
Zoning 
RSF1
Interior Features
Appliances 
Other
Cooling 
Central Air
Flooring 
Other
Furnished 
Unfurnished
Heating 
CentralElectric
Interior 
Other
Laundry Features 
Other
Balcony/Porch/Lanai 
Level - First
Bedroom 2 
Level - First
Bedroom 3 
Level - First
Bedroom 4 
Level - First
Dining Room 
Level - First
Kitchen 
Level - First
Living Room 
Level - First
Master Bedroom 
Level - First
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Exterior Features
Construction Details 
Stucco
Exterior 
Other
Lot Features 
PavedWaterfront
Patio And Porch 
Other
Roof 
Tile
View 
PondWater
Waterfront 
Yes
Waterfront Features 
Pond
Waterview 
PondWater
Community Features
Association Amenities 
Golf CourseParkPlaygroundPoolRecreation FacilitiesTrail(s)
Association Dues 
115
Community Features 
GolfParkPlaygroundPoolSidewalks
Financing Terms Available 
CashConventionalFHAVA Loan
HOA Fee Frequency 
Monthly
MLS Area 
34229 - Osprey
Roads 
AsphaltPaved
Township 
38S
Schools
School District
Unknown
Elementary School
Laurel Nokomis Elementary
Middle School
Sarasota Middle
High School
Venice Senior High
Listing courtesy of RE/MAX ALLIANCE GROUP (941) 993-5892



Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.
Last checked: 2026-03-30 10:38 AM EDT

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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