Back 742 Shadow Bay Way
Off Market

742 Shadow Bay Way

Osprey FL 34229

4
3
3
4609 sq. ft.
11245 sq. ft.
Single-Family
Last sold for $962,500
REENY KaneyREENY Kaney, last sold this property on 07 August 2025 after 146 days on market.

Overview

Welcome to Luxury Living in Rivendell! Nestled on a premium, private lot with serene lake and preserve views, this impeccably maintained, custom-built Arthur Rutenberg home offers elegance, comfort, and thoughtful design in every detail. Boasting 3,321 sq ft of refined living space, this residence features an open split floor plan, soaring ceilings, and abundant natural light throughout. The expansive primary suite is a true retreat, complete with crown molding, an oversized layout, and sliding glass doors that open directly to the lanai—perfect for morning coffee or evening relaxation. The home includes three full bathrooms, one with direct pool access, three generously sized guest bedrooms, and a spacious office ideal for working from home or a creative studio. A highlight of this home is its versatile garage configuration, with the potential to convert the current space into a third bay or use it as a bonus area for a gym, storage, or workshop. Step outside to your private oasis. The southern-facing lanai and saltwater pool area are designed for relaxation and entertaining. Enjoy the outdoor kitchen with built-in grill and bar top, integrated lighting and sound system, and a built-in pool vacuum for easy maintenance. The pool cage was recently updated and includes a 10-year warranty for added peace of mind. This home was built with energy efficiency in mind, including a hip roof for optimal performance. The roof is brand new, and both the interior and exterior have been freshly painted. Dual-zone A/C keeps the home cool and efficient—one unit is just one year old, while the second is well-maintained at nine years. Enter through grand double doors into a formal living and dining area. The large family room opens seamlessly to the lanai through sliding glass doors, creating a perfect flow for indoor-outdoor living. The kitchen, designed for both function and style, includes granite countertops, wood cabinetry, under-cabinet lighting, a new oven, and a spacious breakfast bar—ideal for gatherings and everyday living. Located in the highly sought-after community of Rivendell, residents enjoy access to nearly 400 acres of pristine lakes, scenic ponds, protected preserves, and abundant green space. Community amenities include a heated pool, walking and biking trails, playground, parks, and a charming gazebo. Just minutes away from top-rated Pine View School for the Gifted (grades 2–12), Legacy Trail, world-renowned beaches, shopping, medical facilities, and fine dining—this home truly has it all. All information provided by the sellers is deemed reliable but is not guaranteed. Buyers are encouraged to verify all information independently.

Features

4 bedrooms
3 bathrooms
3 carspaces
3 garage spaces
4609 sq. ft. floor area
11245 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 742 Shadow Bay Way is $910k.

Median value
$910k
Estimated value range
$500k - $4m
Median days on market
77
Estimated value trend
-2%
decrease 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 742 Shadow Bay Way

2025
Sold
$962,500
07 Aug 2025 by REENY Kaney, of RE/MAX ALLIANCE GROUP
2016
Sold
$665,000
11 Apr 2016 by Terri Fellows, of WATERSIDE REALTY LLC
2014
Sold
$635,000
22 Apr 2014 by Judie Berger, of PREMIER SOTHEBYS INTL REALTY

Happy sellers in Osprey

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

Osprey stands out as a desirable suburb for sellers, consistently delivering great customer service 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, 46 four-bedroom single-family properties similar to 742 Shadow Bay Way, have been sold.

This represents a 21% decrease in four-bedroom single-family properties sales when compared to the previous 12 months.

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