313 Lookout Point Drive, Osprey, FL 34229
- 5,337 Sq Ft ($993 per sqft)
- 4
- 4
ID: A4688995
For Sale
:
$5,299,999
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.
Equipment:
- 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
Exterior Features:
- Balcony
- Fire Pit
- Lighting
- Outdoor Grill
- Rain Gutters
- Storage
Boat Access:
- Intracoastal Waterway
- Marina in Community
- No Wake Zone
- View: Intracoastal Waterway
- Marina
View:
- Water
Financial Information:
- Taxes: $20,559.30
- Tax Year: 2025
- Association Fee: $656.00
- Association Fee Frequency: Quarterly
Room Dimensions:
- Laundry: Laundry Chute, Laundry Room
School Information:
- Elementary School: Laurel Nokomis Elementary
- Middle School: Laurel Nokomis Middle
- Junior High: Laurel Nokomis Middle
- High School: Venice Senior High
Additional Information:
- MLS Area: 34229 - Osprey
- Total Square Footage: 6,896
- Price per Square Feet: $993.07
- Total Floors: 2
- Water: Public
- Construction: Stucco
- Date Listed: 2026-04-07 00:00:00
- Pool: Y
- Pool Description: Chlorine Free, Heated, In Ground, Lighting, Salt Water
- Private Spa: Y
- Furnished: Partially
- Parking: Covered, Driveway, Garage Door Opener, Ground Level, Guest
- Garage Description: Y
- Garage Spaces: 5
- Attached Garage: Y
- Flooring: Carpet, Ceramic Tile, Wood
- Roof: Concrete, Tile
- Heating: Central
- Cooling: Central Air
- Fireplace: Y
- Laundry: Laundry Chute, Laundry Room
- 55+ Community: N
- Pets: Yes
- Sewer: Public Sewer
- Lot Desc.: Near Marina, Street Dead-End, Paved
- Parcel ID: 0158020017
Waterfront Description:
- Intracoastal Waterway
- Marina in Community
- No Wake Zone
- View: Intracoastal Waterway
- Marina