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1016 SCHERER WAY

House Active With Contract
$950,000

BTC: 14.84375000

ETH: 544.10080183

1 days
Waterfront
4 bds
3 ba
2,921 sqft

Overview

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!

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
2003
Lot:
0.22 Acres
Heating:
Central / Electric
Price/sqft:
$325
Cooling:
Central Air
HOA:
$115

Valuation

Our model vs. what's actually selling nearby.
Estimate
$845,000
$659K – $1.0M
Confidence Low
List vs. estimate
$105K above estimate
List $950,000 · +12.4%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$325
-18.6% vs. city median $399
Based on
5 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$5,441
2025
HOA
$115/mo
Community Pool, Maintenance Structure, Maintenance Grounds
View
Water
Waterfront
Pond
Garage
3 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Other

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Other

    Other interior features

    • Other

    Bedrooms and bathrooms

    • Bedrooms: 4

    • Full bathrooms: 3

  • Property

    • Levels: One

    • Exterior Features: Other

    Lot

    • Lot: 0.22 Acres

    Other Property Information

    • Parcel Number: 0150010019

    • Zoning: RSF1

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Other

  • Other financial information

    • HOA: $115

    • HOA Frequency: Monthly

    • Annual tax amount: $5,442

  • Source details

    • MLS ID: A4687161

    Other facts

    • Construction Materials: Stucco

    • Foundation Details: Slab

    • Laundry Features: Other

    • Lot Features: City Lot / Sidewalk

    • Patio And Porch Features: Other

    • Direction Faces: Northwest

    • Architectural Style: Florida

    • Waterfront: Yes

    • Garage Spaces: 3

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 2921

    • Water Source: Public

    • Subdivision Name: RIVENDELL UNIT 5 THE WOODLANDS

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: RE/MAX ALLIANCE GROUP