1016 Scherer Way

Osprey, FL 34229

$950,000
Price
4
Beds
2,921 Sq. Ft.
$325 / Sq. Ft.
2,921
Sq. Ft.
$325
per Sq. Ft.
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Pending
Pending
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Description

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....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!
  1. Listed by Rachel Tritschler • Brokerage DRE #1030924 • RE/MAX ALLIANCE GROUP
    P: (941)-993-5892 C: (941)-993-5892 Rachel@teamtritschler.com
  2. Listed by Rick Tritschler, Jr. • Brokerage DRE #1030924 • RE/MAX ALLIANCE GROUP
    P: (941)-928-1292 C: (941)-928-1292 Rick@teamtritschler.com

Property Details for 1016 Scherer Way

Architectural Style
Florida
Subdivision Name
RIVENDELL UNIT 5 THE WOODLANDS
Township
38S
Garage Spaces
3
View
Water
Waterfront
Yes
Water View
Pond
Furnished
Unfurnished
LISTING UPDATED: 04/01/2026 04:24 PM

Property Details for 1016 Scherer Way

StatusPending
MLS #A4687161
Days on Market1
Taxes$5,442 / year
HOA Fees$115 / month
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built2003
Lot Size0.22 AC / 9,750 SF
CountySarasota County
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Location

Listing Courtesy of RE/MAX ALLIANCE GROUP, Rachel Tritschler; RE/MAX ALLIANCE GROUP, Rick Tritschler, Jr.
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Building Information for 1016 Scherer Way

Stories1Year Built2003Building Size-Lot Size0.22 AC / 9,750 SF

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$5,352 per month

30 year fixed, 6.46% Interest

Principal and Interest

$4,784

Property Taxes

$454

HOA Dues

$115

The Payment Calculator is for illustrative purposes only.

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Property Information for 1016 Scherer Way

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 4121.0
  • Building Area Units: Square Feet
  • Community Features: Buyer Approval Required, Golf, Park, Playground, Pool, Sidewalks
  • Direction Faces: Northwest
  • Directions: From 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.
  • Elementary School: Laurel Nokomis Elementary
  • Middle Or Junior School: Sarasota Middle
  • High School: Venice Senior High
  • Mls Major Change Type: Pending
  • Major Change Type: Pending
  • Listing Service: Full Service
  • Road Frontage Type: Street Paved
  • Senior Community: No
  • SW Subdiv Community Name: Rivendell
  • Unit Number: No
  • Street Number: 1016
  • Street Name: SCHERER
  • Street Suffix: WAY
  • State: FL
  • City: OSPREY
Parking
  • Attached Garage: Yes
  • Carport: No
  • Garage: Yes
Taxes and HOA Information
  • Association Approval Required: Yes
  • Association Fee Includes: Community Pool, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pool Maintenance, Recreational Facilities
  • Association Fee Requirement: Required
  • Association Name: Kim Payne
  • Association Phone: (941) 922-3391
  • Association: Yes
  • CDD: No
  • Pet Restrictions: Buyer and Buyer's agent to verify with association.
  • Tax Legal Description: LOT 109 RIVENDELL UNIT 5 THE WOODLANDS
  • Tax Lot: 109
  • Tax Year: 2025
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Property
Lot Information
  • Additional Parcels: No
  • Lot Features: City Lot, Sidewalk
  • Parcel Number: 0150010019
  • Total Acreage: 0 to less than 1/4
  • Water Access: No
  • Water Extras: No
  • Zoning: RSF1
  • Living Area: 2921
Property and Assessments
  • Year Built Numeric: 2003
  • Association Amenities: Golf Course, Park, Playground, Pool, Recreation Facilities, Trail(s)
  • Flood Zone Code: X
  • Homestead: Yes
  • New Construction: No
  • Public Survey Range: 18E
  • Public Survey Section: 11
  • Dock YN: No
  • Dock Description: None
Utilities
  • Sewer: Public Sewer
  • Utilities: Other
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Stucco
  • Exterior Features: Other
  • Foundation Details: Slab
  • Levels: One
  • Patio And Porch Features: Other
  • Pool Private: No
  • Pool: Community
  • Pool Private: Yes
  • Roof: Tile
  • Vegetation: Mature Landscaping, Trees/Landscaped
  • Waterfront Features: Pond
  • Waterfront Feet Total: 1
  • Number Of Stories: 1
Interior Features
  • Bedrooms Total: 4
  • Bathrooms Full: 3
  • Appliances: Other
  • Cooling: Central Air
  • Fireplace: No
  • Flooring: Other
  • Heating: Central, Electric
  • Interior Features: Other
  • Laundry Features: Other
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Room Count: 8.0
  • Water View: Yes
  • Bathrooms Half: 0
Rental
Rental Information
  • Minimum Lease Period: 0
  • Pets Allowed: Yes

Property History for 1016 Scherer Way

DateEvent & SourcePriceAppreciation
Mar 30, 2026

Pending

MFRMLS #A4687161

—
Mar 29, 2026

Listed (Active)

MFRMLS #A4687161

$950,000—
Jan 26, 2004

Sold (Public Record)

Public Record #130292621

$531,200—
DateEvent & SourcePrice
03/30/2026

Pending

MFRMLS #A4687161

—
03/29/2026

Listed (Active)

MFRMLS #A4687161

$950,000
01/26/2004

Sold (Public Record)

Public Record #130292621

$531,200

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1016 Scherer Way

Taxable ValueLand-Additions-Total-
Tax Record2025$4,543 ($379 / month)
Home Facts
Beds4Baths3Total Finished SqFt2,921 SqFtAbove Grade Finished SqFt2,921 SqFtStories1Lot Size9,750 SqFtStyleSingle Family ResidenceYear Built2003Year Renovated2013ZoningRSF1CountySARASOTAAPN0150-01-0019

Schools near 1016 Scherer Way

This home is within Sarasota.
Rating
School
Type
Grades
Distance
Laurel Nokomis School
Public - PK to 8
Venice Senior High School
Public - 9 to 12
Pine View School
Public - 2 to 12
Imagine School At Palmer Ranch
Charter - PK to 8
Rating
School
Distance
Laurel Nokomis School
PublicPK to 8

Venice Senior High School
Public9 to 12

Pine View School
Public2 to 12

Imagine School At Palmer Ranch
CharterPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of RE/MAX ALLIANCE GROUP, Rachel Tritschler; RE/MAX ALLIANCE GROUP, Rick Tritschler, Jr.

The information is being provided in part by Southwest Florida Multiple Listing Service, Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2, and MarcoMls. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 Southwest Florida Multiple Listing Service and MarcoMls. All Rights Reserved. The data relating to real estate for sale displayed on this website comes in part from the Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2 and MarcoMls. Properties listed with brokerage firms other than Compass are marked with the "BR House" logo. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Naples MLS BR Program, or contained in the database compilation of Naples MLS.