Back 1016 Scherer Way
Off Market

1016 Scherer Way

Osprey FL 34229

4
3
3
4121 sq. ft.
9750 sq. ft.
Single-Family
Last sold for $925,000
Rachel TritschlerRachel Tritschler, last sold this property on 08 June 2026 after 70 days on market.

Overview

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!

Features

4 bedrooms
3 bathrooms
3 carspaces
3 garage spaces
4121 sq. ft. floor area
9750 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Osprey over the last 12 months, the estimated median property value of 1016 Scherer Way is $962.5k.

Median value
$962.5k
Estimated value range
$500k - $4.7m
Median days on market
77
Estimated value trend
19%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Osprey. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1016 Scherer Way

2026
Sold
$925,000
08 Jun 2026 by Rachel Tritschler, of REMAX Alliance Group | Riverview

Happy sellers in Osprey

<50%
50% of sellers in Osprey reported that their sale price either exceeded or met their price expectations.

Osprey stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 11 reviews in Osprey over the last 12 months.

Local market activity for 4 bedroom single-family properties in Osprey

In the last 12 months, 48 four-bedroom single-family properties similar to 1016 Scherer Way, have been sold.

This represents a 37% decrease in four-bedroom single-family properties sales when compared to the previous 12 months.

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