3 bedroom Single Family Residence at 700 Shadow Bay Way, Rivendell, Osprey — photo 1
New — 1 day on market Single Family Residence
$655,000
3-Bedroom Pool Home in RIVENDELL

700 Shadow Bay Way, Osprey, FL 34229

Single Family Residence in RIVENDELL, OSPREY · No CDD on record
RIVENDELL · Osprey, FL 34229 · Sarasota County
Listing data updated October 9, 2026 at 8:23 AM ET · checked against the MLS hourly
3Bedrooms
2.5Bathrooms
2,792Sq Ft
2002Year Built
$235Per Sq Ft
Private pool3-car garageNo CDD on record
How to read this page: MLS listing facts carry their source; everything else is labelled as a public record, a calculation, an estimate, or something to verify. Where local data is too thin to support a number, the page says so instead of guessing.
13% below
$/sq ft vs community
$235 here vs $271 median sold (12 mo)
Buyer leverage
Strong seller market
1 days on market
2.0 months
Supply around this home
Seller <3 · balanced 3-6 · buyer >6
$2k–$5k/yr
Est. insurance · illustrative
Not a carrier quote; premiums vary widely by property. Get a real quote.
Above 9 of 12
Price vs recent sales
Asking $655k tops 9 of the last 12 closed sales; also one of the largest homes here at 2,792 sq ft

Sources: Stellar MLS (listings + 12-mo closed sales), FEMA, modeled insurance. Interpretation: Momentum Research. Data notes

Highlights

As of October 9, 2026, 700 Shadow Bay Way in Rivendell, Osprey is listed at $655,000 (2,792 sq ft, about $235 per sq ft). That is 19% above Rivendell's median closed sale of $550,000 over the last 12 months (13 recorded sales). Per square foot it is below the community's recent $271/sq ft by about 13%. It came to market within the past week. Listing facts: built in 2002, a private pool, HOA dues of $170/mo. Figures are from the MLS record and county data; deemed reliable but not guaranteed.

  • No CDD assessment on record
  • Built 2002 · 24 yrs
  • 2,792 sq ft of living area
  • 3-car garage
  • Listed at $655,000 — recent neighborhood median sale price ~$550,000 (nearby sales; deemed reliable, not an appraisal)
  • New to market
  • HOA $170/mo (per listing)
Listing description

About this home

Welcome to 700 Shadow Bay Way, an impressive 3-bedroom, 2.5-bath pool home with a den, 3-car garage and more than 2,500 square feet of living space in the highly desirable Woodlands at Rivendell. Set on an oversized corner lot, this spacious home offers a bright, open and functional floor plan with high ceilings, crown molding, a generous great room and a separate dining area ideal for both everyday living and entertaining. The den provides valuable additional space for a home office, library or possible fourth bedroom.

The spacious eat-in kitchen offers abundant cabinetry and counter space, a breakfast bar, walk-in pantry and an open connection to the main living areas. The private primary suite includes direct access to the lanai, two walk-in closets and an ensuite bath with dual vanities, soaking tub and separate shower. Step outside to an expansive screened lanai surrounding the pool and spa, with a covered seating area and plenty of room to relax or entertain.

Additional highlights include a split-bedroom layout, inside laundry, brick-paver driveway and walkway, mature landscaping and an attached 3-car garage. Rivendell is known for its tree-lined streets, lakes and natural surroundings, with a convenient Osprey location near Pine View School, Oscar Scherer State Park, shopping, dining, Gulf beaches, Venice and Sarasota. A wonderful opportunity to enjoy generous living space, a private pool and the Florida lifestyle in one of Osprey's established communities.

Description provided by KARA MONEY LLC and reproduced from the MLS; not independently verified.

Listing courtesy of KARA MONEY LLC · Listing agent: Kara Money · 407-697-9630Provided via the Stellar MLS Internet Data Exchange, as distributed by MLS GRID · Listings courtesy of Stellar MLS as distributed by MLS GRID · Listings courtesy of Stellar MLS as distributed by MLS GRID. · deemed reliable but not guaranteedIDX 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. Data is deemed reliable but is not guaranteed by the MLS to be accurate.
Property facts & sources

Every fact, sourced

Listing data, public records, our calculations, and what to verify — each fact shown once. Estimates and calculations shown are for general information only, are not appraisals or advice, and should be independently verified.

Listing facts MLS

List price$655,000
Bed / bath3 / 2.5
Living area2,792 sq ft
Year built2002
Property typeSingle Family Residence
Garage3-car
PoolYes
MLS #O6442446
Listing statusNew &mdash; 1 day on market

Public records & third-party data

FEMA flood zoneNot verified — check msc.fema.gov
Ground elevation~17 ft
CountySarasota
Area listings0 active · 0 under contract
Estimated first-year tax~$8,150/yr
CDD assessmentNone on record
HOA$170/mo

Calculated estimates

Price per sq ft$235
Estimated monthly payment$4,759
Insurance (illustrative)$2k–$5k/yr
Messtimate range$759,424 – $787,344
Comparable-sales median$550,000

Buyer should verify Buyer verify

Exact HOA dues, fees, and restrictionsRoof age and conditionHVAC age and conditionA property-specific insurance quoteSurvey and lot boundariesPermit historyFlood-insurance requirementsSchool zoning (confirm with the district)Property taxes after sale (homestead reset)CDD / community assessmentsSquare footage and room dimensions
Financing

Estimated monthly payment

$4,759/mo
  • Principal & interest $3,628/mo 76%
  • Taxes $679/mo 14%
  • Insurance $282/mo 6%
  • HOA $170/mo 4%

$4,759/mo at 20% down, 30-yr @ 7.4% · edit any field to update.

Editable estimate — not a loan offer. Estimates only; see data & estimate notes.

Cost to own

Property taxes

✓ Certified tax roll · county-average rate
Estimated property taxes after purchase
$8,150/yr
≈ $679/mo·effective rate ~1.24%
Estimate: asking price less the $50,000 homestead exemption × Sarasota County rate (13.48 mills, county-average millage, 2025; verify with the property appraiser). Not a bill.
Current owner’s estimated bill $9,450/yr ($788/mo) — taxable value $701,600 × 13.48 mills
$1,300 less each year
(−14%)

The current taxable value ($701,600) is above the asking price. After a sale the assessment is typically set from market value, which here would be lower than the current taxable value, so the estimate is lower. Confirm with the county property appraiser — the appraiser, not the sale price, sets the assessment.

$701,600
Market value
$701,600
Assessed
$701,600
Taxable

Certified 2025 tax roll values for this parcel (Florida DOR). The roll gives values, not the bill; the current owner’s bill above is estimated from the taxable value.

Estimate my property taxes →

Adjust for your exemptions, portability, and down payment

Sources: Florida DOR certified tax roll (2025), Stellar MLS; millage: Florida TaxWatch 2025 How Florida Counties Compare (county-average millage); school portion estimated at ~42% of total, capped at 6.50 mills. County public record, not MLS data — matched to this home by parcel ID. Estimates are not a tax bill; the county property appraiser and tax collector set the actual amount.

Estimated ownership costs

Estimated costs & disclosures

Estimated ownership costs for general information. Confirm each with the county, your lender, and an insurer. See data & estimate notes.

CDD assessment
None on record

No CDD assessment appears in our records for this community. CDD assessments show on the county tax bill — confirm with the tax collector.

Insurance (illustrative range)
$2k–$5k/yr

An illustrative modeled range, not based on carrier underwriting and not a quote. Florida premiums vary significantly by roof age, wind-mitigation features, claims history, and carrier — a real quote can land well outside this range. Flood zone not verified for this address — check msc.fema.gov and confirm coverage. Get a quote from a licensed insurer before relying on any figure.

HOA
$170/mo

Per the MLS listing. Confirm exact dues and what they include with the association.

Environmental data

Flood zone & elevation

Sourced environmental data for the parcel. Confirm with FEMA and your insurer.

FEMA flood zone
Not verified

Not yet verified for this address. Look up the parcel at msc.fema.gov before relying on any flood assumption.

Ground elevation
~17 ft

Approximate parcel elevation from USGS; confirm exact elevation with a survey.

Windstorm / insurance
Obtain a quote

Sarasota County is on the Florida coast; wind coverage is a major part of the premium. Premiums and coverage vary by home (roof age, wind mitigation, claims history); obtain a quote from a licensed insurer.

Hazard risk

Natural hazard risk

FEMA National Risk Index for Sarasota County, FL: overall Relatively High. Ratings compare this county with every county in the United States for expected annual loss from each hazard.

HurricaneVery High
Coastal floodingRelatively High
Inland floodingRelatively High
Heat waveRelatively Moderate
WildfireRelatively Moderate
TornadoRelatively High
LightningVery High
Strong windRelatively High
DroughtRelatively Low
HailVery Low
Cold waveRelatively Low

Source: FEMA National Risk Index (county level, hazard risk ratings only). Ratings describe the county, not this parcel; the flood zone shown above is parcel-specific. Verify insurance requirements with your lender and agent.

Connectivity

Internet & broadband

Fiber
Check availability

Address-level fiber service is not confirmed for this home. Check the FCC National Broadband Map (broadbandmap.fcc.gov) or the provider for this address.

Cable
Check availability

Cable broadband is common in Florida and Georgia towns but not confirmed for this address; verify with the provider.

Fixed wireless / satellite
Check availability

5G home internet and satellite service depend on the exact location; check coverage for this address.

Momentum Research · Rivendell

Pricing & the Rivendell market

How this home is priced against recent nearby sales, and where Rivendell has been over 25 years. Momentum Research analysis of Stellar MLS records; closed sales, deemed reliable but not guaranteed. Estimates only; see data notes.

This home’s $/sq ft vs. nearby sales

List $/sq ft against recent nearby closed sales; the community median is marked.

Price per sq ft · this home vs. recent nearby salesThis homeThis home: $235/sq ft$235644 RIVENDELL BOULEVARD644 RIVENDELL BOULEVARD: $272/sq ft$272644 RIVENDELL BOULEVARD644 RIVENDELL BOULEVARD: $272/sq ft$272804 SHADOW BAY WAY804 SHADOW BAY WAY: $274/sq ft$274804 SHADOW BAY WAY804 SHADOW BAY WAY: $274/sq ft$274816 SHADOW BAY WAY816 SHADOW BAY WAY: $282/sq ft$282816 SHADOW BAY WAY816 SHADOW BAY WAY: $282/sq ft$282Community median $271

Price vs. size in Rivendell

Each dot is a closed sale since 2004 (286 total). This home is the gold marker.

$138k$674k$1.2M1,2002,7854,370This home: $655,000, 2,792 sq ftThis homeSale price

Sale price (y) by living area in sq ft (x). Stellar MLS closed sales.

Median $/sq ft by year

Community sold $/sq ft, 2012–2026. This home lists at $235/sq ft.

$107$217$3272012: $12920122013: $1432014: $16220142015: $1622016: $17720162017: $1822019: $16320192022: $2712023: $30620232024: $3042025: $26220252026: $2712026

Median sale price by year

12-month median closed price, 2012–2026.

$267k$455k$643k2012: $303k20122013: $310k2014: $327k20142015: $461k2016: $388k20162017: $425k2019: $435k20192022: $544k2023: $606k20232024: $600k2025: $520k20252026: $550k2026

Market Heat by year (0–100)

Momentum Market Heat, 2013–2026. Now 52 (normal).

143852013: 5220132014: 632015: 5120152016: 392017: 5420172019: 92022: 7720222023: 682024: 5320242025: 282026: 522026
Property timeline

This home’s history

  • 2002BuiltPer public record
  • Sep 17, 2026First seen on movewithmomentum.comObserved at $655,000
  • NowActiveCurrently for sale

Build year is from public record. The MLS list date is approximate (today minus the cumulative days on market the MLS reports, which can span relistings). Other milestones reflect movewithmomentum.com’s own observations since we began tracking this listing and are not the MLS listing history; dates and prices are deemed reliable but not guaranteed.

Transparency

Price & listing history

Listed for $655,000Momentum Realty · on market 1 days
Public records

Building permits

Permit history not yet linkedConfirm permit history with the county building department.
How it stacks up

Comparable recent sales

6 closed sales in RIVENDELL in the last 18 months — same property type, living area within 30% of this home. Sold prices are MLS closed-sale records, deemed reliable but not guaranteed.

Median of these 6 sales: $550,000 ($271/sq ft). Stronger local evidence. Shown for general reference only — not an appraisal or a statement of this home’s value.

The Messtimate™

The Messtimate

This is a deliberately dumb estimate — living area times a range of recent neighborhood $/sq ft, and nothing else. It is not an appraisal, not market value, and not a valuation of this home. Even a tight range from comparable sales can’t price a specific home — here’s why.

$759,424the mess$787,344

Stronger local evidence — 6 comparable closed sales in RIVENDELL, closed within the last 18 months, same property type, living area within 30% of this home.

Actual list price: $655,000 — compare it against the range above. The Messtimate is a blind sqft estimate; the list price reflects this specific home.

A 4% spread on the same house — and that gap is exactly what an automated guess can't see:

  • Condition & updates — a renovated kitchen or new roof vs. dated finishes can swing value six figures; sq ft can't see it.
  • The lot & views — a premium golf, water, or preserve lot vs. a road-facing one: same sq ft, very different price.
  • Outliers skew it — the band above comes from 6 nearby sales; one flip or distressed sale moves the whole $/sq ft.
  • Carrying costs & concessions — this home carries HOA dues of $170/mo; with insurance and any seller-paid buydown, that changes what a buyer actually pays, and a sq ft estimate ignores all of it.
  • The pool — a private pool carries cost and value that living area doesn't capture.

And here's what the live market is doing — which the number above ignores entirely:

  • This home: 1 days on market vs. a 38-day community median
  • 2 active listings competing, 1 under contract
  • 12 closed here in the last 12 months

For reference, this home is listed at $655,000 ($235/sq ft). The list price is the seller's asking price and is not derived from this range.

Want a property-specific review from a licensed agent? A Momentum Realty agent will do a real, free comparative market analysis — walking the home, the lot, the condition, and the live market. That's the difference between a Messtimate and a valuation.

Selling your own home? Try the Messtimate on your address →

Methodology: 2,792 sq ft × $272–$282/sq ft (interquartile band of 6 comparable closed sales in RIVENDELL, last 18 months; MLS closed-sale records). Estimate for general information only; not an appraisal, valuation, or offer. Updated October 9, 2026.

Momentum Scores

Momentum Property Score

56/100
Strongest on: Pricing power (84), Price vs area (83)
0 limited50100 exceptional

56/100 is solid, mid-pack across the objective indicators below. It reflects only those measures — not the home’s quality, condition, or desirability.

A 0-100 score built from objective property and market data: flood risk, insurance, pricing, supply, affordability, and recent sales. Higher means more measures line up in a buyer’s favor. It reflects only the factors below.

Price vs area83
This home $235/sq ft vs the community 12-month median $271/sq ft.
Affordability18
List price $655,000 vs the community median $550,000. Not a measure of personal affordability.
Market liquidity70
Community median 38 days on market (12-month record).
Buyer competition33
67% of recent closings here paid cash. A higher cash share means more competition from buyers who don't need financing (lower score).
Pricing power84
Recent sales closed at about 91.2% of original asking (~8.8% below). More room below asking generally favors buyers.
Market timing48
Momentum Market Heat is 52/100 (normal). Cooler readings generally favor buyers; hotter readings favor sellers.

Coverage: 6 of 8 indicators had valid data for this home; indicators without data are left out, not scored as zero. Momentum Scores are objective, rules-based indicators computed from listing facts, public records, and recent comparable sales. They do not measure property condition, quality, or investment suitability, and they are not appraisals, valuations, investment advice, or judgments about a neighborhood or who should live there. Verify independently.

Momentum Research

The Momentum read

🟠 Seller-leaning conditions around this listing. 2.0 months of supply in the surrounding market and 1 days on market for this home, against a 38-day area median.Days on market:this home 1Area median:  38 daysWhy it matters: above-median time on market, together with the level of supply, is a clear sign of how much leverage sits with buyers.Momentum Research interpretation of the MLS facts in the snapshot above. Based on Stellar MLS data distributed by MLS GRID for the period 2004 through 2026. As of August 2, 2026.

🟡 Asking $235 per square foot, about 13% below the community’s $271 median. Rivendell’s 12-month median sold price per square foot is $271. Median sold price per square foot is up 5.8% year over year. Confidence: Medium · 13 closed sales in 12 monthsMLS facts: Stellar MLS closed sales. A per-square-foot gap is context, not an appraisal; condition, lot, and view set the final number here.

72% of homes in Rivendell are owner-occupied. An estimated 28% are non-owner-occupied, including 14% held in a company or trust and 14% out-of-state owners.Why it matters: a high owner-occupied share typically means fewer rentals nearby and steadier resale demand.Source: Florida Department of Revenue 2025 assessment roll (public records), 79 homes matched. Community-level context.

Recent Rivendell sales closed near 91.2% of original asking. Cash paid for about 67% of recent closings here.Why it matters: the community’s own record shows how far opening prices typically move, and how often buyers compete without financing.Momentum Research analysis of Stellar MLS records, community-level, 12 months ending August 2, 2026. Aggregates only; deemed reliable but not guaranteed.

What’s unique here: no CDD assessment.

Jump to: About this home · Every number, sourced · Monthly cost · Flood & risk · History · FAQ

Updated October 9, 2026 · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

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Listed by KARA MONEY LLC · MLS # O6442446

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Go deeper

More on RIVENDELL

Go deeper on RIVENDELL

See schools, amenities, builders, HOA/CDD detail, and every active & sold home in the community — the single biggest advantage of buying here over a portal.

Assigned schools

Assigned schools

Schools currently assigned to this address in Sarasota County, provided as neutral factual data. Assignments can change — confirm current zoning with the school district. This is not a statement about the home's suitability for any person or family.

Sarasota County Public Schools (verify by address)Public · Sarasota County School District
Confirm zoned elementary, middle, and highBy address · Sarasota County School District
Magnet and choice options may applyChoice · Sarasota County School District
Nearby & guides

City, county & community guides

Where this home sits, with links to the matching guides. General reference only.

Before you decide

Buyer research checklist

Items worth confirming for 700 Shadow Bay Way, chosen from what the record shows. This is general guidance, not advice about this specific property.

  • Built in 2002 (24 years): ask for the roof and HVAC replacement dates — insurers commonly ask for roof age on homes this old, and it changes the premium.
  • HOA dues are listed at $170/mo: request the current budget, reserves, and rules before relying on that figure or on any restriction.
  • Look up the parcel on FEMA's Flood Map Service Center and confirm with your insurer whether flood insurance is required.
  • Get a homeowners insurance quote for this specific address in Sarasota County; a wind-mitigation inspection and, on older homes, a four-point inspection can change the premium.
  • Private pool: confirm the barrier or alarm meets the state residential pool safety code and ask for pump, heater, and resurfacing records.
  • Listed living area is 2,792 sq ft: verify it against the property appraiser's record and measure before relying on it.
  • Order a survey to confirm lot boundaries and easements.
  • Review permit history with the county.
  • Property taxes: the estimate on this page (about $8,150/yr) assumes reassessment at the list price less the homestead exemption. Estimated buyer taxes are about $1,300 less per year than the current owner’s estimated bill (−14%). Exemptions and portability change the actual bill — confirm with the county property appraiser.
  • Confirm school zoning directly with the district.
Provenance

Data sources & freshness

Listing recordStellar MLS, checked against the MLS hourly (last: October 9, 2026)
Comparable salesStellar MLS closed sales in RIVENDELL, last 18 months, as of August 2, 2026
Flood zone & elevationNot verified for this address — look it up at msc.fema.gov
Taxes & monthly costCertified county tax roll (parcel-matched) × county millage; an estimate, not a bill
Insurance figureModeled estimate; obtain a real quote before offering
Schools2025-26 district assignments; verify with the district

Momentum Research lines are our own analysis of Stellar MLS records; MLS data is deemed reliable but not guaranteed. Estimates are informational, not appraisals or advice. Methodology: how Momentum scores are computed.

Answered before you ask

Frequently asked questions

How big is 700 Shadow Bay Way and when was it built?

Per the listing record, 700 Shadow Bay Way was built in 2002 and has 2,792 sq ft of living area, 3 bedrooms and 2.5 bathrooms. Living area and lot size come from the MLS record and should be verified against the county property appraiser.

What community is 700 Shadow Bay Way in?

700 Shadow Bay Way is in Rivendell in Osprey, Sarasota County. The comparable-sales section on this page shows recent closed sales nearby from the same MLS data.

Does 700 Shadow Bay Way have an HOA, and how much are the dues?

The listing reports HOA dues of $170 per month. Dues, what they cover, and the community's rules should be confirmed from the association's current documents before relying on them.

Why might property taxes on 700 Shadow Bay Way differ from the current owner's?

The estimate on this page (about $8,150 per year) assumes reassessment at the list price less the homestead exemption. Estimated buyer taxes are about $1,300 less per year than the current owner’s estimated bill (−14%). Florida reassesses a home after it sells; for a homesteaded seller the Save Our Homes cap on their assessment does not transfer, and a buyer's own exemptions and portability are applied separately, so the two bills usually differ. Any tax figure shown here is an estimate, not the actual bill — confirm with the county property appraiser and tax collector.

Is 700 Shadow Bay Way in a flood zone?

A flood designation has not been verified for this address. Look up the parcel on FEMA's Flood Map Service Center (msc.fema.gov) and confirm with your insurer.

Can I rely on the figures on this page?

No. Estimated taxes, insurance, payments, and any market or comparable-sales summary are opinions and estimates for general information only and should not be relied upon. Verify all information independently before making any decision.

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Opinion & estimate — do not rely on this page. Any figure on this page that is not a verbatim fact from the listing or a public record — including estimated property taxes, insurance, CDD/HOA amounts, mortgage payments, comparable-sales summaries, and market statistics — is an opinion and estimate provided for general informational purposes only. These figures may be inaccurate or out of date, are not appraisals, valuations, or financial, legal, tax, or investment advice, and should not be relied upon. Do not make any purchase, offer, financing, or other decision based on this page. Independently verify everything — price, square footage, lot size, year built, taxes, CDD/HOA, flood status, school assignments, permits, and community rules — with the listing broker, the county, your lender, a licensed inspector, an insurer, and your own advisors before acting.

Estimate methodology. Tax estimates apply county millage to the list price (less the homestead exemption where the parcel is matched to the certified roll) and will differ from the actual assessed bill. Cost and market figures are derived from available data and simple calculations, not a professional appraisal. We make no representation that any estimate reflects fair market value.

Equal Housing Opportunity. Content on this page is compiled from public records, MLS data, and automated sources and may contain errors or be out of date. It is general information only, not a representation about any specific property, community, builder, or association. Verify information independently before relying on it. Momentum Realty supports the Fair Housing Act and does not discriminate on the basis of race, color, religion, sex, handicap, familial status, national origin, sexual orientation, or gender identity. Information about schools, distances, and amenities is provided as neutral factual data to help you research the property and is not a statement about who should or should not live here or the suitability of the home or neighborhood for any person or group. School data may change — confirm current assignments with the school district.

Found an error? If you are the owner, listing agent, or a party to this property and believe any information is inaccurate, email and we will review and correct or remove it promptly.

Automated content. Some summaries, distances, and estimates on this page are generated automatically from public and proprietary data sources and may contain errors or omissions. We strive for accuracy but cannot guarantee the completeness or accuracy of any information. Verify anything important independently.

No warranty; measurements & photos. No guarantee, warranty, or representation of any kind is made regarding the completeness or accuracy of any information, descriptions, or measurements on this page — including square-footage measurements and property condition — all of which should be independently verified through appropriate means, including in-person inspection and public records. Photographs may be virtually staged or digitally enhanced and may not reflect actual property conditions. Momentum Realty and its agents expressly disclaim any liability in connection with the information provided.

MLS / IDX. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Stellar MLS Internet Data Exchange, as distributed by MLS GRID. Real estate listings held by brokerage firms other than Momentum Realty are marked with the listing broker's name and include the name of the listing agent. Data provided is deemed reliable but is not guaranteed by the MLS to be accurate. The information being provided is 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. Source: Stellar MLS, as distributed by MLS GRID. Listings courtesy of Stellar MLS as distributed by MLS GRID. All rights reserved.

Listing data is deemed reliable but is not guaranteed and is subject to change or withdrawal without notice. Square footage and lot size are approximate. Real estate brokerage services provided by Momentum Realty, licensed in Florida and Georgia. © 2026 Move With Momentum LLC.