275 Lookout Point Drive, FL
Stellar MLS
1 / 1

$4,590,000

275 Lookout Point Drive

Osprey, FL 34229

Listing updated: October 2, 2026 at 10:27 AM ET

Active
Stellar MLSListing courtesy of Michael Saunders & Company · Natalie Gutwein · MLS #A4707430 · Active · 941-951-6660
5
Beds
5
Baths
5,279
Sq Ft
0.38
Acres
2007
Built
◆Waterfront◆Water access◆Private pool◆Fireplace◆3-car garage◆$869/sqft
Single Family Residence

Property type

2007

Year built

16,709 sqft

Lot size

$869

Price / sq ft

$219/mo

HOA dues

1

Day on market

3

Garage spaces

AE, X

Flood zone

About this home

Experience exceptional waterfront living in Southbay Yacht & Racquet Club at this expansive custom John Cannon residence offering more than 5,200 square feet, 5 bedrooms, 5 baths and sweeping panoramic water views from both levels. Set along more than 135 feet of waterfront, the home was thoughtfully designed to embrace its remarkable setting, with soaring ceilings, generous expanses of glass and beautifully proportioned indoor and outdoor living spaces overlooking the bay and Intracoastal Waterway. A completely reimagined front drive and all-new landscaping create a striking first impression and a fresh, refined coastal presence. Beyond the grand double-door entry, the home immediately opens to dramatic water views, drawing the eye through the interior and out toward the horizon. Ceilings rising to approximately 21 feet enhance the sense of scale, while a series of inviting living and entertaining spaces allow the home to feel equally suited for intimate evenings or larger gatherings. The kitchen serves as the heart of the residence, anchored by a substantial granite island and complemented by a gas cooktop with pot filler, while views stretch beyond the pool to the water. A full bar and dedicated wine room enhance the main level, with an additional wet bar upstairs for effortless entertaining throughout the home. Privately positioned on the main level, the primary suite is a serene waterfront retreat with a sitting area, two generous closets and an expansive bath. Additional downstairs bedrooms are thoughtfully located on the opposite side of the residence, creating privacy and separation for family and guests. Upstairs, either an office or a fifth bedroom offers an elevated and inspiring setting for work or quiet retreat, with access to the upper terrace and its sweeping water views. From both floors, the landscape of water and sky becomes part of the experience of the home. Outdoor living is equally memorable. A heated pool and spa, covered and screened entertaining areas, outdoor kitchen, fireplace, expansive terraces and private dock create a seamless connection between the residence and the waterfront. Mornings begin with peaceful views across the water, afternoons unfold poolside, and evenings are defined by the colors of sunset. Southbay Yacht & Racquet Club offers one of the area's most distinctive boating lifestyles. Its community-owned deep-water marina accommodates vessels up to 55 feet, allowing residents to walk or take a golf cart from home to their boat. Community amenities include a renovated clubhouse, geothermal pool, fitness center overlooking the marina, tennis and pickleball courts, bocce, shuffleboard, basketball, kayak storage, a waterfront park, approximately 20 acres of common grounds and miles of walking trails. Perfectly positioned between Sarasota and Venice and convenient to Siesta Key, Nokomis Beach, the Legacy Trail, Pine View School, waterfront dining, shopping and Oscar Scherer State Park, 275 Lookout Point is a compelling blend of scale, setting and lifestyle—a substantial waterfront residence with panoramic views, private outdoor living and direct access to the heart of Southbay’s boating community.

Estimated monthly payment

Principal & interest$23,210
Property taxes$1,486
Home insurance (est.)$2,104
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 history1 days on market

  1. Status: Active
    Oct 1, 2026
  2. Listed$4,590,000
    Oct 1, 2026
  3. Price increased$4,590,000

Facts & features

Property type
Residential
Sub type
Single Family Residence
Status
Active
Days on market
1
Subdivision
Southbay Yacht & Racquet Club
County
Sarasota
Year built
2007
Living area
5,279 sq ft
Price/sq ft
$869
Building area
7,781 sq ft (Public Records)
Lot size
16,709 sq ft
Lot category
1/4 to less than 1/2
Flood zone
AE, X
Garage
3 spaces
Pool
Private pool
Annual taxes
$17,826 (2025)
Parcel #
0158070010
Zoning
RSF2
MLS #
A4707430

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Interior Details

Bedrooms
5
Full bathrooms
5
Flooring
Carpet, Ceramic Tile
Appliances
Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
Interior features
Built-in Features, Ceiling Fans(s), Crown Molding, Eat-in Kitchen, High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Thermostat, Walk-In Closet(s)
Laundry
Inside, Laundry Room
Stories / Levels
Two
Direction faces
East
Fireplace
Yes

Heating & Cooling

Heating
Central, Electric, Exhaust Fan, Propane
Cooling
Central Air

Parking

Garage spaces
3
Attached garage
Yes
Parking features
Driveway, Ground Level, Guest, Workshop in Garage

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 - Rachelle Freed
CDD
No
Min lease term
3 Months
Ownership
Fee Simple
Available for lease
Yes
Lease restrictions
No

Exterior & Construction

Exterior features
Balcony, Hurricane Shutters, Lighting
Construction materials
Cement Siding, 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
Private, Public
Utilities
BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Fiber Optics, Propane, Sewer Available, Sewer Connected, Underground Utilities, Water Available, Water Connected

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
Living RoomFirst16x15
KitchenFirst12x15
Great RoomFirst13x19
Primary BedroomFirst28x15
Primary BathroomFirst
Bedroom 2First12x12
Bedroom 3First12x13
Bedroom 4First15x11
Bedroom 5Second13x12
LaundryFirst
Media RoomSecond

Listing Details

Listing date
2026-09-30
On market date
2026-10-01
Original list price
$4,590,000
Occupant type
Vacant
MLS area
34229 - Osprey
Listing AOR
Sarasota - Manatee
Status changed
2026-10-01
Tax legal description
LOT 301 SOUTHBAY YACHT & RACQUET CLUB

Flood risk

High riskFEMA Zone AE, X

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 through first stop sign, take a right on Harbor House Drive, take a left onto Lookout Point Drive and it will be on your right.

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Based on information submitted to the MLS GRID as of October 2, 2026 at 10:27 AM 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.

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