1851 Island Way

Osprey, FL 34229

$3,950,000
Last Sold Price
5
Beds
5
Baths
5,233 Sq. Ft.
$755 / Sq. Ft.
5,233
Sq. Ft.
$755
per Sq. Ft.

Description

1+ acre waterfront property surrounded by 370 feet of water on three sides. This listing includes two parcels: 1) .68 acre with the existing home, and 2) .44 acre buildable lot that can be developed with a large waterfront home on a deep canal. Serene privacy on a cul-de-sac in the secluded South Creek community directly across from Oscar Scherer State Park and just 5 minutes to Pine View School for the Gifted. Located between Sarasota and Venice with easy access to the best amenities in both communities...1+ acre waterfront property surrounded by 370 feet of water on three sides. This listing includes two parcels: 1) .68 acre with the existing home, and 2) .44 acre buildable lot that can be developed with a large waterfront home on a deep canal. Serene privacy on a cul-de-sac in the secluded South Creek community directly across from Oscar Scherer State Park and just 5 minutes to Pine View School for the Gifted. Located between Sarasota and Venice with easy access to the best amenities in both communities including beaches, shopping, dining, arts, medical and personal services. Private dock for two boats, along with kayak/paddleboard launch, provides easy access to Sarasota’s coastal waterways for endless days enjoying Florida’s year-round sun and fun. The 5,233-square-foot residence has five bedrooms, five baths, plus an in-law studio apartment. All levels feature expansive outdoor lanais/balconies with water views. Living areas are on the second level and include formal living room with cathedral ceiling, formal dining room and family room with wood-burning fireplace. The third level has the owner's retreat featuring sitting room, dual bathrooms, 24x16 bedroom and balcony with the best views of the house. This residence is on the same street as South Creek community amenities which include tennis courts, playground, day dock and night security gate. The singular combination of location, waterfront and size make this a remarkable property for an exceptional lifestyle.
  1. Listed by Nancy Endara • PREMIER SOTHEBYS INTL REALTY

Property Details for 1851 Island Way

Architectural Style
Custom
Subdivision Name
SOUTH CREEK
Township
38S
Garage Spaces
2
View
Pool, Water
Waterfront
Yes
Water View
Canal

Location

Listing Courtesy of PREMIER SOTHEBYS INTL REALTY, Nancy Endara

Sold By PREMIER SOTHEBYS INTL REALTY, Nancy Endara

Add your commute
LISTING UPDATED: 02/16/2024 01:46 PM

Property Details for 1851 Island Way

StatusSold
MLS #A4592818
Days on Market4
Taxes$8,395 / year
HOA Fees$375 / quarter
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1981
Lot Size0.68 AC / 29,647 SF
CountySarasota County

Location

Listing Courtesy of PREMIER SOTHEBYS INTL REALTY, Nancy Endara

Sold By PREMIER SOTHEBYS INTL REALTY, Nancy Endara

Add your commute

Building Information for 1851 Island Way

Stories3Year Built1981Building Size-Lot Size0.68 AC / 29,647 SF

Payment Calculator

$22,381 per month

30 year fixed, 7.25% Interest

Principal and Interest

$21,557

Property Taxes

$700

HOA Dues

$125

The Payment Calculator is for illustrative purposes only.

Property Information for 1851 Island Way

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 6846.0
  • Building Area Units: Square Feet
  • Community Features: Deed Restrictions, Gated Community - No Guard, Park, Playground, Sidewalk, Tennis Courts
  • Direction Faces: Northwest
  • Directions: From Downtown Sarasota, head South on Route 41. Make a Right onto South Creek Drive. After the gate, make the first Left onto Island Way. Home is at the end of cul-de-sac.
  • Elementary School: Laurel Nokomis Elementary
  • Middle Or Junior School: Laurel Nokomis Middle
  • High School: Venice Senior High
  • Mls Major Change Type: Sold
  • Major Change Type: Closed
  • Listing Service: Full Service
  • Senior Community: No
  • SW Subdiv Community Name: South Creek
  • Unit Number: No
  • Street Number: 1851
  • Street Name: ISLAND
  • Street Suffix: WAY
  • State: FL
  • City: OSPREY
  • Common Association Water Features: Community Boat Ramp, Fishing, Intracoastal Waterway, Water Access, Waterfront
Parking
  • Attached Garage: Yes
  • Available For Lease: Yes
  • Carport: No
  • Garage Dimensions: 22x23
  • Garage: Yes
  • Parking Features: Driveway, Garage Door Opener
Taxes and HOA Information
  • Association Approval Required: Yes
  • Association Fee Includes: Common Area Taxes, Manager
  • Association Fee Requirement: Optional
  • Association Name: Pinnacle Community Association - Ginny Deck
  • Association Phone: 941-444-7090
  • Association: Yes
  • CDD: No
  • Tax Book Number: 25-15
  • Tax Legal Description: LOT 3 & BEG NE COR LOT 3 TH S-69-02-25-E 65 FT M/L TH SELY SLY & WLY ALG CREEK TO E LINE LOT 3 TH N -0-05-51-W 80 FT M/L TO POB & ALSO BEG SWLY COR LOT 2 FOR POB TH S-75-25- 37-E 126.82 FT TH
  • Tax Lot: 3
  • Tax Year: 2023
Property
Lot Information
  • Additional Parcels Description: 0158090004
  • Additional Parcels: Yes
  • Lot Features: Cul-De-Sac, FloodZone, In County, Oversized Lot
  • Parcel Number: 0158090005
  • Total Acreage: 1/2 to less than 1
  • Water Access: Canal - Saltwater
  • Water Access: Yes
  • Water Body Name: LITTLE SARASOTA BAY
  • Water Extras: No
  • Zoning: RSF2
  • Living Area: 5233
Property and Assessments
  • Year Built Numeric: 1981
  • Flood Zone Code: AE
  • Flood Zone Date: 11-04-2016
  • Homestead: Yes
  • New Construction: No
  • Number Of Lots: 2
  • Public Survey Range: 18E
  • Public Survey Section: 15
  • Dock YN: Yes
  • Dock Description: Dock - Wood, Dock w/Electric, Dock w/Water Supply
  • Dock Dimensions: 48x12
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Stucco
  • Exterior Features: Balcony, Irrigation System, Sliding Doors
  • Foundation Details: Slab
  • Levels: Three Or More
  • Patio And Porch Features: Covered, Deck, Front Porch, Patio, Rear Porch
  • Pool Dimensions: 14x33
  • Pool Features: Auto Cleaner, In Ground, Lighting
  • Pool Private: Yes
  • Pool: Private
  • Pool Private: Yes
  • Roof: Shingle
  • Security Features: Closed Circuit Camera(s), Fire Alarm, Security System
  • Spa: No
  • Vegetation: Trees/Landscaped
  • Waterfront Features: Canal - Saltwater
  • Waterfront Feet Total: 0
  • Number Of Stories: 3
Interior Features
  • Bedrooms Total: 5
  • Bathrooms Full: 5
  • Additional Rooms: Bonus Room, Den/Library/Office, Family Room, Formal Dining Room Separate, Formal Living Room Separate, Interior In-Law Suite w/Private Entry, Storage Rooms
  • Appliances: Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Refrigerator, Trash Compactor, Washer
  • Cooling: Central Air
  • Fireplace Features: Family Room, Other Room, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl
  • Heating: Electric
  • Interior Features: Cathedral Ceiling(s), Ceiling Fans(s), Central Vaccum, Dry Bar, Dumbwaiter, PrimaryBedroom Upstairs, Skylight(s), Solid Wood Cabinets, Split Bedroom, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s)
  • Laundry Features: Inside, Laundry Room
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Room Count: 13.0
  • Water View: Yes
  • Bathrooms Half: 0
Room 1
  • Room Dimensions 1: 16x22
  • Room Features 1: Ceiling Fan(s)
  • Room Flooring 1: Carpet
  • Room Length 1: 22.0
  • Room Level 1: Second
  • Room Type 1: Living Room
  • Room Width 1: 16.0
Room 2
  • Room Dimensions 2: 14x12
  • Room Features 2: Built-In Shelving
  • Room Flooring 2: Carpet
  • Room Length 2: 12.0
  • Room Level 2: Second
  • Room Type 2: Dining Room
  • Room Width 2: 14.0
Room 3
  • Room Dimensions 3: 17x13
  • Room Features 3: Cooking Island, Desk Built-In, Granite Counters, Pantry
  • Room Flooring 3: Tile
  • Room Length 3: 13.0
  • Room Level 3: Second
  • Room Type 3: Kitchen
  • Room Width 3: 17.0
Room 4
  • Room Dimensions 4: 24x16
  • Room Features 4: Ceiling Fan(s)
  • Room Flooring 4: Tile
  • Room Length 4: 16.0
  • Room Level 4: Second
  • Room Type 4: Family Room
  • Room Width 4: 24.0
Room 5
  • Room Dimensions 5: 23x16
  • Room Features 5: Ceiling Fan(s), En Suite Bathroom
  • Room Flooring 5: Carpet
  • Room Length 5: 16.0
  • Room Level 5: Third
  • Room Type 5: Primary Bedroom
  • Room Width 5: 23.0
Room 6
  • Room Dimensions 6: 14x5
  • Room Features 6: Linen Closet in Bath, Shower No Tub, Single Vanity, Stone Counters
  • Room Flooring 6: Tile
  • Room Length 6: 5.0
  • Room Level 6: Third
  • Room Type 6: Primary Bathroom
  • Room Width 6: 14.0
Room 7
  • Room Dimensions 7: 14x5
  • Room Features 7: Bath With Whirlpool, Bidet, Single Vanity, Stone Counters
  • Room Flooring 7: Tile
  • Room Length 7: 5.0
  • Room Level 7: Third
  • Room Type 7: Primary Bathroom
  • Room Width 7: 14.0
Room 8
  • Room Dimensions 8: 12x16
  • Room Features 8: Ceiling Fan(s), En Suite Bathroom
  • Room Flooring 8: Carpet
  • Room Length 8: 16.0
  • Room Level 8: Second
  • Room Type 8: Bedroom 2
  • Room Width 8: 12.0
Room 9
  • Room Dimensions 9: 13x12
  • Room Flooring 9: Vinyl
  • Room Length 9: 12.0
  • Room Level 9: Second
  • Room Type 9: Bedroom 3
  • Room Width 9: 13.0
Room 10
  • Room Dimensions 10: 18x26
  • Room Flooring 10: Tile
  • Room Length 10: 26.0
  • Room Level 10: First
  • Room Type 10: Great Room
  • Room Width 10: 18.0
Room 11
  • Room Dimensions 11: 15x6
  • Room Features 11: Built-In Shelving, Stone Counters
  • Room Flooring 11: Tile
  • Room Length 11: 6.0
  • Room Level 11: First
  • Room Type 11: Laundry
  • Room Width 11: 15.0
Room 12
  • Room Dimensions 12: 23x15
  • Room Features 12: Ceiling Fan(s)
  • Room Flooring 12: Tile
  • Room Length 12: 15.0
  • Room Level 12: First
  • Room Type 12: Bedroom 4
  • Room Width 12: 23.0
Room 13
  • Room Dimensions 13: 21x11
  • Room Features 13: Built-In Shelving, Ceiling Fan(s)
  • Room Flooring 13: Tile
  • Room Length 13: 11.0
  • Room Level 13: First
  • Room Type 13: Bedroom 5
  • Room Width 13: 21.0
Rental
Rental Information
  • Minimum Lease Period: 0
  • Pets Allowed: Yes

Property History for 1851 Island Way

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1851 Island Way

Taxable ValueLand-Additions-Total-
Tax Record2023$8,395 ($700 / month)
Home Facts
Beds4Baths5Total Finished SqFt2,196 SqFtAbove Grade Finished SqFt2,196 SqFtStories3Lot Size29,647 SqFtStyleSingle Family ResidenceYear Built1981Year Renovated1991ZoningRSF2CountySARASOTAAPN0158-09-0005Fireplace TypeHas Fireplace

Schools near 1851 Island Way

This home is within Sarasota.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 2 to 12
Charter - K to 11
Rating
School
Distance
Laurel Nokomis School
PublicPK to 8

Venice Senior High School
Public9 to 12

Pine View School
Public2 to 12

Island Village Montessori School
CharterK to 11

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.

Similar Homes

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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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of PREMIER SOTHEBYS INTL REALTY, Nancy Endara

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 2024 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.