$5,999,999
313 Lookout Point Drive
Osprey, FL 34229
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Garage spaces
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
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
- Status: ActiveApr 7, 2026
- Listed$5,999,999Apr 7, 2026
- 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
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
| Room | Level | Dimensions |
|---|---|---|
| Bedroom 4 | Second | 14x14 |
| Living Room | First | 21x19 |
| Dining Room | First | 23x13 |
| Kitchen | First | 18x13 |
| Primary Bedroom | First | 22x14.5 |
| Primary Bathroom | First | 23x10.3 |
| Office | First | 14x12.2 |
| Bedroom 2 | First | 13x12.9 |
| Bathroom 2 | First | 8x8.2 |
| Laundry | First | |
| Family Room | Second | 18x14.3 |
| Florida Room | First | |
| Bedroom 3 | Second | 14x14 |
| Bathroom 3 | Second | 9.5x5.6 |
| Bathroom 4 | Second | 11.8x5.5 |
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
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.
More homes like this
$875,000
157 Lookout Point Dr
Osprey, FL 34229
3 bd · 2 ba · 1,859 sqft
Southbay Yacht & Racquet Club
MLS# A4694878
$1,050,000
204 Windward Dr
Osprey, FL 34229
3 bd · 3 ba · 2,486 sqft
Southbay Yacht & Racquet Club
MLS# A4693139
$1,199,000
1527 Buoy Ln
Osprey, FL 34229
3 bd · 3 ba · 2,830 sqft
Southbay Yacht & Racquet Club
MLS# A4688266
$1,995,000
312 Yacht Harbor Dr
Osprey, FL 34229
3 bd · 4 ba · 2,572 sqft
Southbay Yacht & Racquet Club
MLS# A4667293
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