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202 RIO TERRA

House For Sale
$885,000

BTC: 11.13207547

ETH: 363.89802632

1 days
3 bds
2 ba
1,855 sqft

Overview

A truly unique opportunity on Venice Island! Few properties can boast the combination of direct access to the Venetian Waterway Trail, beautiful Intracoastal Waterway views, and a peaceful cul-de-sac setting within a gated community. Located in the gated community of Bellagio, this three-bedroom, two-bathroom pool home enjoys an extraordinary position overlooking the trail and Intracoastal Waterway, where passing boats and native Florida wildlife provide an ever-changing backdrop from much of the home and expansive screened lanai. For those who enjoy an active outdoor lifestyle, the location is truly special. Step directly from your backyard onto the Venetian Waterway Trail, where you can enjoy walking, jogging, biking, and wildlife watching along the Intracoastal Waterway. Connecting to the renowned Legacy Trail, this scenic pathway system offers nearly 23 miles of uninterrupted trails, with the added convenience of a route leading south to Caspersen Beach, famous for its natural beauty and shark tooth hunting. Inside, the home offers a spacious, functional layout designed for comfortable everyday living and entertaining. The generously sized kitchen features abundant workspace, a closet pantry, and a natural gas range. The primary suite offers a walk-in closet and an ensuite bathroom complete with dual sinks, a garden soaking tub, separate shower, and private water closet. Two additional generously sized bedrooms provide comfortable accommodations for guests or flexible space for a home office. Plantation shutters add timeless appeal throughout the home. Step outside to the expansive screened lanai, where covered and open-air spaces invite you to relax, entertain, or enjoy a swim while taking in the beautiful waterway views. The pool features an electric heater installed in 2021, while a natural gas hookup on the lanai offers additional possibilities for outdoor living. Additional highlights include a new roof in 2026, hurricane shutters for the rear lanai, a natural gas dryer, a paver driveway, and a two-car garage. The property is currently located in Flood Zone X, where flood insurance is generally not required by mortgage lenders. Bellagio on Venice Island offers a wonderful combination of privacy, convenience, and community amenities, including a clubhouse with social activities, community swimming pool, tennis and pickleball courts, and more. All of this is just minutes from historic downtown Venice, with its charming shops, restaurants, entertainment, and beautiful Gulf beaches. Whether you're enjoying the Intracoastal views from your lanai, exploring miles of trails right outside your door, or taking advantage of everything Venice Island has to offer, this home delivers an exceptional Florida lifestyle.

Location

Details

Type:
Residential
Parking:
Driveway / Garage Door Opener
Year Built:
2002
Lot:
0.14 Acres
Heating:
Central / Electric
Price/sqft:
$477
Cooling:
Central Air
HOA:
$1,116

Valuation

Our model vs. what's actually selling nearby.
Estimate
$607,450
$463K – $876K
Confidence Low
List vs. estimate
$277K above estimate
List $885,000 · +45.7%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$477
+83.9% vs. city median $259
Based on
28 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$6,861
2025
HOA
$1,116/qtr
Community Pool, Manager, Private Road
Pool
In Ground
View
Pool, Water
Garage
2 car garage
Furnished
Negotiable
Pets
Allowed
All facts and features
  • Flooring

    • Ceramic Tile

    • Luxury Vinyl

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Microwave

    • Range

    • Refrigerator

    • Washer

    Other interior features

    • Ceiling Fan(s)

    • High Ceilings

    • Living Room/Dining Room Combo

    • Open Floorplan

    • Split Bedroom

    • Vaulted Ceiling(s)

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 2

  • Parking

    • Driveway

    • Garage Door Opener

    Property

    • Levels: One

    • Pool Private: Yes

    • Exterior Features: Hurricane Shutters / Rain Gutters / Sidewalk / Sliding Doors

    Lot

    • Lot: 0.14 Acres

    Other Property Information

    • Parcel Number: 0428050006

    • Zoning: RSF3

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • BB/HS Internet Available

    • Cable Available

    • Electricity Connected

    • Natural Gas Connected

    • Public

    • Water Connected

  • Other financial information

    • HOA: $1,116

    • HOA Frequency: Quarterly

    • Annual tax amount: $6,861

  • Source details

    • MLS ID: N6146225

    Other facts

    • Construction Materials: Block / Stucco

    • Foundation Details: Slab

    • Laundry Features: Gas Dryer Hookup / Inside / Laundry Room

    • Lot Features: Cul-De-Sac / City Lot / In County / Landscaped / Sidewalk

    • Patio And Porch Features: Covered / Screened

    • Pool Features: In Ground / Gunite / Screen Enclosure / Solar Cover

    • Window Features: Shutters

    • Direction Faces: Southwest

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 1855

    • Water Source: Public

    • Lot Size Dimensions: 55 x 110

    • Subdivision Name: BELLAGIO ON VENICE ISLAND

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: PREMIER SOTHEBYS INTL REALTY