424 SHADE TERRACE, Venice, FL, 34293 | $500,000

One or more photo(s) has been virtually staged. *Only gazebo added to photo 12* It's always about the VIEW & this stunning mid-century modern marvel boasts an impressive 140 FEET OF WATER FRONTAGE, presenting captivating VIEWS. Step through the door of this CUSTOM, one-of-a-kind premier home built on a premium lot & fall in love, from the warm & inviting interior to the magnificent & mesmerizing LAKE views seen through over 40' of GLASS! The property features exceptional curb appeal, from its PAVERED driveway & sidewalk to its lush landscaping & the enchanting cottage appeal of its classy Hardie siding. Enjoy serene sunsets & the sparkling “diamonds on the water” seen at all hours of the day over the long lake views - 600 FEET TO THE FAR SHORE - in the cooling shade from the large native & tropical trees; relax on the expansive 675-square-foot PAVERED rear lanai, large enough for a POOL, with multiple seating/dining configurations. There is a HOT TUB off the primary bedroom on the PAVERED side patio facing the LAKE; it too offers additional dining/seating options. From either patio, enjoy clear views of the constant WILDLIFE activity that abounds on LAKE MAGNOLIA, Venice's LARGEST LAKE. The 1/3-ACRE LOT was professionally landscaped for tropical beauty & privacy. Inside, this exquisite residence exudes timeless charm with SPACIOUS rooms designed for gracious living. Each of the rooms are SUPERSIZED & all but the baths & second bedroom enjoy LAKE views. An abundance of feel-good natural LIGHT FILLS EVERY ROOM due to the large windows throughout & the strategically placed storm-rated SKYLIGHTS in both bathrooms & the bedroom-wing hall. There are SWITCHED CEILING FANS throughout to carry the gentle lake BREEZES. An updated kitchen features butterfly GRANITE countertops, stainless steel appliances, refreshed FLOOR-TO-CEILING CABINETRY, smart TRAVERTINE backsplash & contemporary lighting. There are 2 MASTER SUITES with the principal bedroom offering 2 LARGE WALK-IN CLOSETS - one at 10'x7' and the second at 5'x6'! Both baths have been updated with new vanities, GRANITE & lighting; the primary bath shower has been updated with oversized marble-look tile. Each of the 2nd & 3rd bedrooms offer abundant closet space & BUILT-IN BOOKCASES along one full wall, calling to the ARTIST, HOBBYIST, COLLECTOR, AVID READER, or anyone who WORKS AT HOME; & there's a 3rd garage bay ideal for a WORKSHOP. Practical features include new or newer: ultra-high definition ROOF (2024, pre-storms) with 50-year WARRANTY, water heater (2024), A/C system (2018), electric panel (2018), & STORM PROTECTION for all windows & doors. IRRIGATION is LAKE-FED & the side & rear yards are FENCED. Join the Civic Association with its $185 annual family membership fee for fellowship & more, with its POTLUCKS, GAMES, CRAFTS, GARDENING, EXERCISE, & POOL activities. It's said that the 3 most important features of a home are LOCATION, LOCATION, LOCATION. What 3 location features of this home make it the best choice for your next home? #1 is the LAKEFRONT location with 140 feet on VENICE'S LARGEST LAKE & a 600-FOOT expanse to the far shore. #2 is the 1/3-ACRE TIP LOT on a 3-home cul-de-sac off a non-through street. #3 is its proximity to: Civic Association & County Park right around the corner, the Island - 1. 5 miles, the beach - 3 miles, & I75 - 4 miles. Bonus #4 - it is a mecca for WILDLIFE. If you are among the legion of fans who appreciate the old school architecture & CRAFTSMANSHIP Sarasota is known for, this home is a must see!

Features

  • Amenities: Clubhouse, Pool
  • Rooms: 9
  • Bedrooms: 3
  • Baths: 2 full
  • Lot Size: 61 x 125 x 140 x 60 x 75
  • Laundry: Inside, Laundry Room
  • Style: Coastal, Custom, Florida, Mid-Century Modern, Ranch
  • Year Built: 1958
  • Garage: 2-car Garage Door Opener, Oversized, Workshop in Garage
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 2,318
  • Acreage: 0.33
  • Lot Size: 61 x 125 x 140 x 60 x 75
  • Est. Taxes: $4,079
  • Lot Desc: Cul-De-Sac, Oversized Lot, Tip Lot
  • View: Water
  • Pet Policy: Cats OK, Dogs OK
  • Appliances: Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • MLS#: N6137102
  • Days on Market: 81 days
  • Website: https://www.raveis.com
    /prop/N6137102/424shadeterrace_venice_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 5/9/2025 5:51:16 AM)
Listing courtesy of FL GULF REALTY   Phone: 941-485-4240

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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424 SHADE TERRACE, Venice, FL, 34293

$500,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $400,000 $400,000 $400,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.375% 6.875% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.995% 7.037% 6.046%
Monthly Tax Payment $340 $340 $340
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,495 $2,628 $3,322
Total Monthly Payment $2,927 $3,060 $3,754

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.