NEW ROOF INSTALLATION DECEMBER 2024! Stunning and renovated to perfection, this beautiful updated and light filled home is in the gated community of Bellagio on Venice Island, which sits high with NO FLOOD INSURANCE REQUIRED. Boasting a separate guest house cassita, enjoy privacy, flexibility and comfort knowing your guests are close by but in a detached building with built-in murphy bed and ensuite bathroom. Tons of new updates in this one story home. New saltwater pool and travertine lanai with jets galore lining a large underwater bench, sun shelf and fountains 2023. New flooring 2023. New chefs kitchen including stainless steel appliances with natural gas range and vented hood, wood cabinetry, one level quartz counters with bar 2024. New AC 2022. New primary bath with luxury shower, double sinks and private water closet 2023. New gas fireplace 2023. New whole house back- up natural gas generator 2023. New landscaping 2023. New double solid wood doors with roll out double screens 2023. Enjoy a split bedroom plan, with 3 bedrooms and 3 baths and one of the most desirable and rerely available Cassita floor plans on Venice Island. Take in the lush landscaping from two seperate screened lanais. Now is the time to enjoy an updated, move- in ready home with a 2 car attached garage with large built-in workbench, low HOA fees which include lawn care, a community pool in addition to your own, clubhouse, tennis and pickle ball court, work-out facility, library, wonderful walking paths along the intracoastal waterway and The Legacy Trail with direct access to Caspersen Beach or Sarasota. Bellagio is golf cart friendly! Park your boat next door at Marine Max and walk to dinner within the marina while enjoying exceptional water views from The Old Salty Dog outdoor dinning balcony. You will have quick access to the Venice Island historic district with boutique shopping, gourmet restaurants and entertainment. Or take a pleasant bike ride direct down the Legacy trail to Sharky's on the beach. Now is the time to make this home your year round retreat or seasonal vacation spot, a home where memories will be made with family and friends, right along side the natural beauty of The Gulf of Mexico and its inviting sandy beaches. Schedule your tour today!
Sold for $830,000
$830,000
331 RIO TERRA, VENICE, FL 34285
3beds
1,930sqft
Single Family Residence
Built in 2003
6,050 Square Feet Lot
$770,500 Zestimate®
$430/sqft
$4,047 Estimated rent
Home value
$770,500
$701,000 - $848,000
$4,047/mo
Zestimate® history
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$5,702/mo
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List your homeWhat's special
New gas fireplaceTravertine lanaiSaltwater poolOne level quartz countersNatural gas rangeEnsuite bathroomSun shelf
Zillow last checked:
Listing updated:
Listed by:
Cynthia Eliopoulos 330-805-5809,
G1 REALTY LLC 561-558-3478
Bought with:
Karen Scott, 3067680
MICHAEL SAUNDERS & COMPANY
Source: Stellar MLS,MLS#: N6133881
Originating MLS: Venice
Originating MLS: Venice
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Features: Dual Closets
- Level: First
- Dimensions: 17x20
Bedroom 2
- Features: Ceiling Fan(s), Storage Closet
- Level: First
- Dimensions: 13x12
Bedroom 3
- Features: Dual Closets
- Level: First
Dinette
- Features: Breakfast Bar
- Level: First
- Dimensions: 14x12
Great room
- Features: Ceiling Fan(s)
- Level: First
- Dimensions: 20x20
Kitchen
- Features: Stone Counters
- Level: First
- Dimensions: 12x12
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer
- Laundry: Inside
Features
- Ceiling Fan(s), Eating Space In Kitchen, High Ceilings, Kitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Thermostat, Walk-In Closet(s)
- Flooring: Luxury Vinyl
- Doors: Outdoor Grill, Sliding Doors
- Windows: Blinds, Drapes, Window Treatments
- Has fireplace: Yes
- Fireplace features: Gas, Living Room
Interior area
- Total structure area: 2,895
- Total interior livable area: 1,930 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Exterior features: Irrigation System, Lighting, Outdoor Grill, Private Mailbox, Sidewalk, Tennis Court(s)
- Has private pool: Yes
- Pool features: Gunite, Heated, In Ground, Lighting, Salt Water, Screen Enclosure, Solar Heat, Tile
Lot
- Size: 6,050 Square Feet
Details
- Parcel number: 0430010062
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Block
- Foundation: Block, Slab
- Roof: Tile
Condition
- New construction: No
- Year built: 2003
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Public, Sprinkler Well, Street Lights, Underground Utilities, Water Connected
Community & HOA
Community
- Features: Intracoastal Waterway, Buyer Approval Required, Clubhouse, Deed Restrictions, Fitness Center, Gated Community - No Guard, Golf Carts OK, No Truck/RV/Motorcycle Parking, Pool, Sidewalks, Special Community Restrictions
- Security: Gated Community, Smoke Detector(s)
- Pet fee: $0 monthly
- Subdivision: BELLAGIO ON VENICE ISLAND
HOA
- Has HOA: Yes
- Amenities included: Clubhouse, Fitness Center, Gated, Pickleball Court(s), Pool, Tennis Court(s)
- Services included: Common Area Taxes, Community Pool, Reserve Fund, Insurance, Maintenance Grounds, Pool Maintenance, Private Road, Recreational Facilities
- HOA fee: $329 monthly
- HOA name: Capstone Association Management
- HOA phone: 941-554-8838
Location
- Region: Venice
Financial & listing details
- Price per square foot: $430/sqft
- Tax assessed value: $637,700
- Annual tax amount: $7,962
- Date on market: 7/22/2024
- Cumulative days on market: 136 days
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 12/30/2024 | Sold | $830,000-5.6%$430/sqft |
Source:  Stellar MLS #N6133881 Report a problem | ||
| 12/9/2024 | Pending sale | $879,000$455/sqft |
Source: Stellar MLS #N6133881 Report a problem | ||
| 7/22/2024 | Listed for sale | $879,000+30.2%$455/sqft |
Source: Stellar MLS #N6133881 Report a problem | ||
| 6/21/2022 | Sold | $675,000$350/sqft |
Source: Public Record Report a problem | ||
| 5/24/2022 | Pending sale | $675,000$350/sqft |
Source: Stellar MLS #A4535824 Report a problem | ||
| 5/21/2022 | Listed for sale | $675,000+68.8%$350/sqft |
Source: Stellar MLS #A4535824 Report a problem | ||
| 5/9/2014 | Sold | $400,000-4.3%$207/sqft |
Source: Stellar MLS #N5784172 Report a problem | ||
| 4/4/2014 | Listed for sale | $418,000+14.1%$217/sqft |
Source: Coldwell Banker Residential Real Estate - Venice #N5784172 Report a problem | ||
| 1/27/2009 | Sold | $366,500-20.8%$190/sqft |
Source: Public Record Report a problem | ||
| 6/1/2006 | Sold | $462,500+52.7%$240/sqft |
Source: Public Record Report a problem | ||
| 5/29/2003 | Sold | $302,900$157/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,378 -28.4% | $467,434 -26% |
| 2024 | $8,908 +7.4% | $631,500 +7.9% |
| 2023 | $8,294 +16.1% | $585,000 +42.2% |
| 2022 | $7,146 +12.5% | $411,279 +10% |
| 2021 | $6,353 +11.6% | $373,890 +10% |
| 2020 | $5,690 -1.9% | $339,900 -2% |
| 2019 | $5,801 | $347,000 -0.6% |
| 2018 | $5,801 -0.9% | $349,000 -0.1% |
| 2017 | $5,852 +3.7% | $349,200 -4% |
| 2016 | $5,642 -7% | $363,700 +6.6% |
| 2015 | $6,064 +7.5% | $341,300 +14.3% |
| 2014 | $5,642 +12.2% | $298,700 |
| 2013 | $5,027 +7.1% | $298,700 +5.7% |
| 2012 | $4,693 +0.8% | $282,500 -0.8% |
| 2011 | $4,654 +5.8% | $284,700 +7.1% |
| 2010 | $4,400 -11.1% | $265,800 -14% |
| 2009 | $4,952 | $309,100 -3% |
| 2008 | $4,952 -16.2% | $318,600 -16% |
| 2007 | $5,906 | $379,200 -9.3% |
| 2006 | -- | $418,000 +22.1% |
| 2005 | -- | $342,400 +14.7% |
| 2004 | $5,424 +277.5% | $298,500 +282.7% |
| 2003 | $1,437 +8.8% | $78,000 +7.4% |
| 2002 | $1,321 +4.9% | $72,600 +0.7% |
| 2001 | $1,259 | $72,100 |
Find assessor info on the county website
Neighborhood: The Island
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Nearby schools
GreatSchools rating
- 9/10Venice Elementary SchoolGrades: PK-5Distance: 0.9 mi
- 7/10Venice Middle SchoolGrades: 6-8Distance: 5.1 mi
- 7/10Venice Senior High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- Elementary: Venice Elementary
- Middle: Venice Area Middle
- High: Venice Senior High
Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$770,500
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$770,500
- Florida
- Sarasota County
- Venice
- 34285
- The Island
- 331 RIO TERRA
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