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.
Single-familyProperty Type
2002Year Built
6,053 sq ftLot Size
$477Price/Sq.Ft.
$372/moHOA Dues
2 car garageParking
Listed by Beth Sargent• PREMIER SOTHEBYS INTL REALTY
Listed by Michael Christo• PREMIER SOTHEBYS INTL REALTY
Waterfront, waterfront, waterfront oasis on Venice Island. First available Bellagio waterfront home in years and the most unique private pool home in this maintenance free gated community. Situated privately on a cul de sac in front of the intracoastal waterway and Legacy Walking and Riding Trail with direct access to beach. Watch yachts navigate the waterway to the Gulf of Mexico while you park your boat right next door in Marine Max Marina. There are just too many upgrades to name, including 3 extra feet added, PGT impact glass, metal hurricane shutters, plantation shutters, tile and vinyl plank floors, subway tiled baths, Carrera marble countertops, stainless fixtures, jacuzzi soaking tub. Entertain in your gourmet kitchen featuring 3 ovens, large Boos block centered island, wood cabinets, stainless steel appliances, natural gas cooktop and Weber gas grille. The solar heated private pool is equipped with a bench and jacuzzi jets for relaxing evenings. Each room, including bathrooms have ceiling fans, custom can lighting throughout. Enjoy an additional front custom paver lanai with screen allowing for generous breezes from front to back. Extensive garage storage with built-in bike racks, work bench and garage sink. The home is plumbed with Central Vac. The AC was replaced in 2018 with a 10 year transferable warranty. Community access to clubhouse, large heated pool, exercise facility, hard- tru tennis court. Enjoy historic downtown Venice, Venice Jetty and dog beach! You have chosen the best, now enjoy.
Year
Property tax
Land + Additions
Assessment*
2025
$6,861 (+2.2%)
2024
$6,714 (+2.2%)
2023
$6,568 (−0.8%)
2022
$6,623 (−0.3%)
2021
$6,644 (−2.1%)
$162,100 + $282,400
$444,500
2020
$6,785 (+8.6%)
$156,600 + $248,700
$405,300
2019
$6,246 (−1.9%)
$132,400 + $241,200
$373,600
2018
$6,366 (+0.3%)
$150,500 + $229,100
$379,600
2017
$6,346 (+3.6%)
$150,500 + $224,300
$374,800
2016
$6,124 (+5.6%)
$130,400 + $236,900
$367,300
2015
$5,797 (+4.2%)
$127,200 + $223,500
$350,700
2014
$5,562 (+8.9%)
2013
$5,108 (+5.8%)
2012
$4,829
Public record
Public record
Zoning
Permits
Beds
3
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
6,053 Sq. Ft.
Year renovated
2012
Finished Sq. Ft.
1,855
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,855
Year built
2002
Style
Single Family Residential
County
Sarasota County
APN
0428050006
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 15, 2026.
RSF-3
Residential Single-Family District
The Residential Single-Family zoning districts RSF are intended to establish low to moderate density residential neighborhoods, to implement Strategy LU 1.2.3 of the Comprehensive Plan, and to protect these areas from incompatible uses. The Residential Single-Family districts offer a range of lot sizes and housing stock detached and attached to allow a sustainable mix of single-family residential development.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Housing-Other
Infrastructure
Fire house
Police station
Jul 7, 2026 • Final
Residential minor renovation
Perform a tile reroof on a residential building.
Roofing
Oct 4, 2022 • Final
Residential minor renovation
Repair a tile dead valley and perform additional roof repairs.
Remodel
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
10/10 Heat Factor
7 days above 107° expected this year, 27 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Venice, FL • 34285
Average low and high temperatures (°F)
70
52
74
57
79
62
82
67
87
75
89
77
90
78
90
78
89
75
85
70
80
63
75
58
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
93/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in Venice. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.7 hrs
6.5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 202 Rio Terra
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $560,000 and $999,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $560K to $999K.