Shadow Bay
Homes for Sale in Kissimmee, FL
All 2,887 homes for sale in Kissimmee, FL · median $374,999 · 255 homes for sale in 34741 · Osceola County homes for sale
True comps, carrying-cost math, and listings before the portals.
As of October 2026, the MLS records 49 closed sales in Shadow Bay Unit 4 in Kissimmee, FL since 2006, the most recent in October 2025. Recorded prices since 2024 ran from $282,000 to $450,000 (median $365,000), on homes of 1,590 to 2,124 sq ft. Across Kissimmee as a whole, 2,523 homes closed in the last 12 months at a median of $387,990, 62 median days on market, with 1,265 homes for sale today. At that median and Osceola County's FY2025-26 rate of 15.23 mills, annual property tax runs about $5,560 ($4,960 with the full homestead exemption).
| Location | Kissimmee, Osceola County, FL · ZIP 34741 |
|---|---|
| Homes in the community | 230 (FL DOR 2025 assessment roll) |
| Years built | 1984–1989 (median 1987.0) |
| Typical living area | 1,579 sq ft (median) |
| Owner-occupied (homestead) share | 54% |
Data as of September 20, 2026. Based on Stellar MLS data distributed by MLS GRID for the period 2006 through 2025; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Shadow Bay Unit 4 key facts,” movewithmomentum.com/neighborhoods/shadow-bay-unit-4, data as of September 20, 2026.

Shadow Bay Unit 4 is a tight, single-phase subdivision built out between 1984 and 1989, with a median build year of 1987. That means most of the housing stock is now well into its fourth decade, so condition and updates — roof age, HVAC, kitchens, windows — do more to separate one listing from another than location within the community does. Two buyers looking at homes a few doors apart can be looking at very different renovation timelines.
With 230 homes total and just over half (54.3%) recorded as homesteaded, this reads as a community with a meaningful base of longer-term owners rather than a rotating rental or investment pool, though it is not exclusively one or the other. The recent closings window is short, which means pricing conclusions should be drawn carefully and updated as new sales post rather than anchored to older comps.
Nearby homes for sale
No active listings inside Shadow BayHomes for Sale in Kissimmee, FL right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
Shadow Bay Unit 4 in Kissimmee is a 1980s-built subdivision of 230 homes with a median living area of 1,579 square feet — a scale and footprint typical of established Osceola County neighborhoods from that era, without an on-record amenity package tied to the community itself.
Stellar MLS sales records identify 83 homes in Shadow Bay that have changed hands since 2004, built between 1984 and 2006 (median 1985), with a median living area of about 1,900 sq ft and a typical 3-bedroom, 2-bath layout; 98% are single-family homes. Source: Stellar MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.
County records show 5 qualified sales in Shadow Bay across 2024–2025 (4 in 2024, 1 in 2025), median $282,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.
Who Shadow Bay is best for.
Best for
- Buyers who want a modest-footprint, established home and are comfortable evaluating condition on a house-by-house basis.
- Buyers focused on long-term ownership who are not seeking a bundled amenity package.
- Buyers with renovation budget or plans who can take advantage of the wide condition spread across 1980s-built homes.
Probably not for
- Buyers who want move-in-ready systems with no inspection contingencies given the community's age.
- Buyers whose priority is on-site recreational amenities, since none are currently identified.
- Buyers seeking larger, newer-build square footage rather than a compact 1980s floor plan.
The market around Shadow Bay
Shadow Bay is too small for its own price trend, so here is the market around it.
In ZIP 34741, 290 homes are on the market and 14% are under contract — a slower corner of Kissimmee.
Across Osceola County, 4,465 homes are active and 1,093 pending (20% under contract).
In ZIP 34741 (Kissimmee), 754 homes closed in the last 12 months at a median of $411K ($205/sq ft), down 0.8% year over year, with a median 44 days on market. Right now 207 active and 46 pending listings put supply at about 6.1 months — a balanced market. See the live ZIP 34741 housing market and the Osceola County market.
ZIP and county figures describe the wider market, not Shadow Bay specifically. Momentum Research analysis of MLS records.
Housing distress & ownership in Shadow Bay Unit 4, Kissimmee
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Based on Stellar MLS data distributed by MLS GRID for the period September 2026 through September 2026. Deemed reliable but not guaranteed.
The Shadow Bay buying strategy.
If we were buying in Shadow Bay today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Shadow Bay.
A 1987 build year sets the terms
The build window of 1984 to 1989, with a median of 1987, is the single most important fact about this community. Homes of this vintage are old enough that major systems — roofs, water heaters, HVAC — are commonly past or approaching their second replacement cycle. Buyers should expect to budget for inspection findings and treat unrenovated listings differently in negotiation than turnkey ones, even within the same square footage range.
At a median of 1,579 square feet, the homes here sit in a modest, efficient footprint rather than sprawling floor plans, which keeps maintenance and utility scope proportionate. No community amenities are identified in current MLS listings, so this is a neighborhood to evaluate on the house and lot itself — not on a clubhouse, pool, or recreation package — and any amenity value should be verified directly rather than assumed.
The location and the amenities are priced into every listing in Shadow Bay. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a community built across a narrow five-year window with no shared amenity draw, the work is in the details — matching a buyer to a home's actual condition, age of systems, and true comparable set rather than a general neighborhood price. We track closings here as they post, not on a stale quarterly basis, so pricing guidance reflects what is actually happening on the ground right now.
Shadow Bay in 15 seconds.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Shadow Bay buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Shadow Bay sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Shadow Bay, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Shadow Bay home worth?
Get a no-obligation home value based on real comparable sales in Shadow Bay, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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Frequently Asked Questions
How many homes are in Shadow Bay?
What share of Shadow Bay is owner-occupied?
When were the homes in Shadow Bay built?
Who is the best real estate agent for Shadow Bay?
How do I find a top Kissimmee real estate agent who knows Shadow Bay?
Can Momentum Realty connect me with an agent for Shadow Bay?
Where is Shadow Bay, and what county is it in?
Should you buy in Shadow Bay?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Housing stock & ownership | Florida DOR assessment roll (street-list match (7 streets, ZIP 34741)) |
| Under-contract shares | Stellar MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2006 (49 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Stellar MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
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The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Stellar MLS member average and 8 days faster, and we’ll price yours against live local comps.
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