OSPREY, FL 34229 1016 SCHERER WAY

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Presented By: RE/MAX ALLIANCE GROUP with 941-954-5454. - 941-954-5454
  • MLS# A4687161
  • 03/24/2026
  • Request Tour
  • Request Info
Disclaimer: The information contained in this listing has not been verified by Homepride Group at EXP Realty and should be verified by the buyer.
  • Beds • 4
  • Baths • 3
  • SQFT • 2,921
  • Garage • 3

Home Details

Under contract-accepting backup offers. 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!
Presented By: RE/MAX ALLIANCE GROUP with 941-954-5454. - 941-954-5454

Interior Features for 1016 SCHERER WAY

Bedrooms

Total Bedrooms4

Bathrooms

Half Baths0
Total Baths3

Other Interior Features

LivingAreaSourcePublic Records
Air Conditioning Y/NYes
Fireplace Y/NNo
FlooringOther
Furnished Y/NUnfurnished
Heating Y/NYes
Interior AmenitiesOther
Laundry FeaturesOther
Total Stories1

General for 1016 SCHERER WAY

Additional Parcels Y/NNo
AppliancesOther
Architectural StyleFlorida
Assoc Fee Paid PerMonthly
Association AmenitiesGolf Course, Park, Playground, Pool, Recreation Facilities, Trail(s)
Association Fee IncludesCommunity Pool, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pool Maintenance, Recreational Facilities
Association NameKim Payne
Attached Garage Yes
Building Area UnitsSquare Feet
Carport Y/NNo
CityOSPREY
Community FeaturesBuyer Approval Required, Golf, Park, Playground, Pool, Sidewalks
Construction MaterialsStucco
CoolingCentral Air
CountySarasota
DirectionsFrom I75 take exit 200 heading south on US681 then turn right onto Honore Ave then turn left at round about onto E Bay Street then turn left onto Park Trace Blvd then turn right onto Scherer Way. The home will be on the left.
DockY/NNo
Elementary SchoolLaurel Nokomis Elementary
Facing DirectionNorthwest
Flood Zone CodeX
Flood Zone Code XY
Full Baths3
Garage Spaces3
Garage Y/NYes
HOA Fee$115
HeatingCentral, Electric
High SchoolVenice Senior High
Land Lease Y/NNo
Lease Considered Y/NYes
Legal DescriptionLOT 109 RIVENDELL UNIT 5 THE WOODLANDS
LevelsOne
Listing TermsCash, Conventional, FHA, VA Loan
Living Area UnitsSquare Feet
Lot Size Square Feet9750
Lot Size UnitsSquare Feet
MLS Area34229 - Osprey
Middle/Junior High SchoolSarasota Middle
Minimum Lease3 Months
Monthly HOA Amount115
New ConstructionNo
Occupancy TypeOwner
OwnershipFee Simple
Patio/Porch FeaturesOther
Pets AllowedYes
Property SubtypeSingle Family Residence
Property TypeResidential
RoofTile
STELLAR_InLawSuiteYNNo
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusPending
StatusPending
Subdivision NameRIVENDELL UNIT 5 THE WOODLANDS
Tax Annual Amount5441.75
Tax Lot109
Tax Year2025
Total Rooms8
UtilitiesOther
ViewWater
Virtual TourClick here
Water Access Y/NNo
Water ViewPond
Water View Y/NYes
Waterfront FeaturesPond
Year Built2003
ZoningRSF1

Exterior for 1016 SCHERER WAY

Building Area Total4121
Covered Spaces3
Exterior AmenitiesOther
Foundation DetailsSlab
Lot FeaturesCity Lot, Sidewalk
Lot Size Acres0.22
Lot Size Area9750
Private PoolNo
Road Frontage TypeStreet Paved
Road Surface TypePaved, Asphalt
VegetationMature Landscaping, Trees/Landscaped
Water SourcePublic
Waterfront Y/NYes

Additional Details

Price History

Steven Pugh

Broker Associate | Team Leader
Price $950,000
MLS#A4687161
List Date 03/24/2026
Property Type Single Family
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