$5,999,999

313 Lookout Point Drive

Osprey, FL 34229

Active
4
Beds
5
Baths
5,337
Sq Ft
0.41
Acres
2016
Built
WaterfrontWater accessPrivate poolFireplace5-car garage$1,124/sqft
🏠Single Family Residence

Property type

🏗️2016

Year built

📐17,967 sqft

Lot size

📊$1,124

Price / sq ft

🏘️$219/mo

HOA dues

📅16

Days on market

🚗5

Garage spaces

🌊AE, X

Flood zone

About this home

Bring your yacht. This is Sarasota waterfront living at its most refined. First time on the market, this custom-built John Cannon estate is perfectly positioned within Southbay Yacht & Racquet Club—one of Sarasota’s most exclusive waterfront communities offering a true private yacht club lifestyle within the neighborhood. With a deep-water marina reserved for residents, accommodating vessels up to 55 feet, and direct access to the Intracoastal Waterway and Gulf of Mexico, this is a setting designed for those who expect seamless access to life on the water. Privately situated on a homesite surrounded by water on two sides, the property offers a rare level of exposure and presence. From your outdoor living spaces, the backdrop is ever-changing—boats moving through the marina, dolphins just beyond your dock, and unobstructed sunsets that define the end of each day. Inside, the residence is a study in craftsmanship and comfort, where rich wood detailing carries throughout—from the staircase to the ceilings in the main living areas and extending into the outdoor spaces—creating a warm, architectural continuity rarely seen. Walls of impact-rated windows and doors bring in natural light while offering peace of mind, while expansive sliders pocket away completely—creating a perfect expression of Florida living with seamless indoor-outdoor flow and unobstructed sunset views across the bay. The kitchen is both striking and highly functional, appointed with Wolf and Miele appliances, dual Sub-Zero refrigerators, a warming drawer, two sinks, and a concealed pantry, all complemented by generous storage and oversized closets throughout the home. A fireplace anchors the main living space, adding warmth and ambiance. Designed for real life as beautifully as it is for entertaining, the home also features a thoughtfully designed mudroom off the garage entry, creating an organized and functional transition into the home. Outdoor living is equally elevated and designed for year-round enjoyment. Electronic roll-down screens allow you to fully enjoy the outdoor kitchen, complete with a propane grill and hood, sink, and composite cabinetry. Just beyond, a propane-fed fire pit creates the perfect setting for evenings by the pool. The separate air-conditioned poolside cabana offers stunning bayfront views and is equipped with its own refrigerator and ice maker—ideal for entertaining or creating a private retreat for guests. The floor plan is thoughtfully designed, offering 4 bedrooms, 4.5 baths, a private office, upstairs lounge, and expansive laundry room—balancing everyday livability with elevated design. For collectors and enthusiasts, the 5-car garage with 9,000 lb lift provides exceptional capacity, while the 110-foot private dock with jet ski lift delivers a level of waterfront utility that is increasingly rare. Southbay Yacht & Racquet Club offers a curated lifestyle with a private marina, clubhouse, fitness center, heated pool, tennis and pickleball courts, and walking trails—all within minutes of Casey Key, where pristine beaches, waterfront dining, and relaxed coastal elegance define the surrounding area. This is a property that stands apart. Compare it to anything else on the market and the value is clear. Priced to sell, with a motivated seller.

Estimated monthly payment

Principal & interest$30,339
Property taxes$1,713
Home insurance (est.)$2,750
HOA dues$219

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history16 days on market

  1. Status: Active
    Apr 7, 2026
  2. Listed$5,999,999
    Apr 7, 2026
  3. Price increased$5,999,999

Facts & features

Property type
Residential
Sub type
Single Family Residence
Status
Active
Days on market
16
Subdivision
Southbay Yacht & Racquet Club
County
Sarasota
Year built
2016
Living area
5,337 sq ft
Price/sq ft
$1,124
Building area
6,896 sq ft (Public Records)
Lot size
17,967 sq ft
Lot category
1/4 to less than 1/2
Flood zone
AE, X (12115C0236G)
Garage
5 spaces
Pool
Private pool
Annual taxes
$20,559 (2025)
Parcel #
0158020017
Zoning
RSF2
MLS #
A4688995

Interior Details

Bedrooms
4
Full bathrooms
4
Half bathrooms
1
Flooring
Carpet, Ceramic Tile, Wood
Appliances
Bar Fridge, Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Washer, Wine Refrigerator
Interior features
Ceiling Fans(s), Central Vaccum, Crown Molding, Eat-in Kitchen, High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Thermostat, Walk-In Closet(s), Wet Bar
Laundry
Laundry Chute, Laundry Room
Stories / Levels
Two
Direction faces
Northeast
Fireplace
Yes

Heating & Cooling

Heating
Central
Cooling
Central Air

Parking

Garage spaces
5
Attached garage
Yes
Parking features
Covered, Driveway, Garage Door Opener, Ground Level, Guest
Carport
Yes

HOA & Financial

HOA fee
$656 / Quarterly
Monthly HOA
$219/mo
Total monthly fees
$219/mo
Total annual fees
$2,624
HOA name
Southbay Yacht & Racquet Club
CDD
No
Homestead exemption
Yes
Min lease term
1 Month
Ownership
Fee Simple
Available for lease
Yes
Lease restrictions
No

Exterior & Construction

Exterior features
Balcony, Fire Pit, French Doors, Lighting, Outdoor Grill, Rain Gutters, Sliding Doors, Storage
Construction materials
Stucco
Roof
Concrete, Tile
Foundation
Slab, Stem Wall
Pool
Private pool
Waterfront
Yes
Water access
Yes
Water view
Yes
Road surface
Paved

Utilities

Sewer
Public Sewer
Water source
Public

Community

Pets allowed
Yes

Schools

ElementaryLaurel Nokomis ElementaryGreatSchools ↗
MiddleLaurel Nokomis MiddleGreatSchools ↗
High SchoolVenice Senior HighGreatSchools ↗

Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.

Room Details

RoomLevelDimensions
Bedroom 4Second14x14
Living RoomFirst21x19
Dining RoomFirst23x13
KitchenFirst18x13
Primary BedroomFirst22x14.5
Primary BathroomFirst23x10.3
OfficeFirst14x12.2
Bedroom 2First13x12.9
Bathroom 2First8x8.2
LaundryFirst
Family RoomSecond18x14.3
Florida RoomFirst
Bedroom 3Second14x14
Bathroom 3Second9.5x5.6
Bathroom 4Second11.8x5.5

Listing Details

Listing date
2026-04-06
On market date
2026-04-07
Original list price
$5,999,999
Occupant type
Vacant
MLS area
34229 - Osprey
Listing AOR
Sarasota - Manatee
Status changed
2026-04-07
Tax legal description
LOT 293 SOUTHBAY YACHT & RACQUET CLUB

Flood risk

High riskFEMA Zone AE, XPanel 12115C0236G

FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

Take 41 to Blackburn Point Road. Southbay Yacht & Raquet Club will be on your left, go straight thru first stop sign, take a right on Harbor House Drive, take a right onto Lookout Point Drive and it is the second to last house on your left.

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MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

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.

Based on information submitted to the MLS GRID as of April 23, 2026 at 12:09 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA