202 RIO TERRA, VENICE, FL, 34285
Active14 days on marketListed Oct 24, 2026MLS #N6146225
About this home
202 RIO TERRA
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-bath 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. Go directly from your backyard onto the Venetian Waterway Trail, where you can enjoy outdoor activities 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 bath complete with dual sinks, a garden soaking tub, a separate shower and a 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. Go 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, a 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.
Facts & features
The home at a glance
3
Bedrooms
2
Bathrooms
1,855
Sqft
0.14 ac
Lot size
2
Garage
2002
Year built
One
Levels
$477
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$7,005 /mo · 10% down Conventional, 30-yr fixed at 7.5%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$7,005/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Can I afford this home? → See what you can comfortably afford from your income, debts and savings.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
+20.9%
$/sqft vs Venice actives
$477 vs $241
Days on market
14 vs 49 typical
Where $477/sqft sits among the 400 Venice actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Bellagio On Venice Island
Get to know Venice. See the full Venice guide →
Bellagio On Venice Island — neighborhood snapshot
Population
225
Median age
70
Median income
$68,500
Median home value
$280,300
Avg household
2
Households w/ children
13%
For the school run
Sarasota County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Venice market
$387K → $408K
Venice median sold, yr/yr
95.8%
Sale-to-list ratio (12 mo)
160 of 400
Venice actives have cut their price
Median sold price, Venice, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 345% above the VENICE 34285 median. See the full Venice market guide →
Paper trail
This home's history
Reality check
What actually sold near 202 RIO TERRA
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Dec ’25$610,000
107 CORTE DEL ROSA · same community
3 bd · 2 ba · 1,813 sqft · $336/sqft · 11 DOM
Sold · Jun ’26$654,000
407 RIO TERRA · same community
3 bd · 2 ba · 1,804 sqft · $363/sqft · 74 DOM
Sold · Aug ’26$575,000
102 CALLE DEL PARADISO · same community
3 bd · 3 ba · 1,930 sqft · $298/sqft · 0 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Anthony Richardson
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 202 RIO TERRA — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 202 RIO TERRA — before you fall in love.
See it in person
Schedule a tour
Live availability from Anthony's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
202 RIO TERRA FAQs
What would the monthly payment be for 202 RIO TERRA?+
With 10% down on a 30-year Conventional loan at 7.5%, the all-in payment lands around $7,005/mo — principal and interest, the actual property-tax bill, the $372/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 202 RIO TERRA?+
The association fee works out to $372 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 202 RIO TERRA?+
The most recent tax bill on record (2025) was $6,861. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 202 RIO TERRA?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Venice?+
At $885,000, this home is listed about 122% above the Venice median of $398,700. The market section on this page shows how the area is trending.
Which schools are assigned to 202 RIO TERRA?+
Venice Senior High School (high), Venice Elementary School (elementary), Venice Middle School (middle) — Sarasota County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Positioned at the premium end
$885,000 runs 345% above the VENICE 34285 median — but at 1,855 sqft it's also 17% larger than the typical Venice listing.
02Your own pool
A private pool — the feature Florida buyers ask for first, already in the ground and included in the price.
03Strong assigned schools
Venice Senior High School, Venice Elementary School, Venice Middle School — Venice Senior High School rates 4 of 5. Always verify assignments with the district.
Keep looking
Similar homes nearby
Listing courtesy of PREMIER SOTHEBYS INTL REALTY · Beth Sargent. MLS #N6146225.
IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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