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$4,590,000
Monthly Est:$22,846
5 Beds
- 5 Baths
5 full baths
5,279sqft
275 Lookout Point Dr, Osprey, FL 34229
$4,590,000
$22,846/moEst:
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Single Family Residence
Built in 2007
$218.67/mo HOA
16,709 sqft lot
$869/sq.ft
Description
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.
- Houzeo last checked: 37 minutes ago
- Listing updated: October 2, 2026 at 2:27 pm
- Listing Provided by: Natalie Gutwein (941) 993-2660 , Madison Brown | MICHAEL SAUNDERS & COMPANY (941) 951-6660
- Source: Stellar MLS-FL | MLS#: A4707430

Property Details
Status
Active
Type
Single Family Residence
No. of Stories
2
County
City
Neighborhood
--
Year Built
2007
HOA Fees
$218.67/mo
Finished Area
5,279 sqft
Lot Size
16,709 sqft lot
Basement Area
- sqft
MLS Name
Stellar MLS
MLS Number
A4707430
MLS Status
Active
Days on Market
6
Cumulative Days on Market
1

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Location
HOA Management
Southbay Yacht & Racquet Club - Rachelle Freed
HOA Fees
$656/ Quarterly
Amenities
Amenities and services may be covered by one or multiple associations and service providers.
Club House
Tennis
Park Playground
Basket Ball
Pool
Gym
Sports Court
wheel Chair
Lobby Key Required
Disclaimer: Amenities are based on third-party information and may vary; buyers must independently verify all amenities, as information is deemed reliable but not guaranteed.
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 5
Bathrooms: 5
Living Room
Level: First
Area: 240.00 Square Feet
Dimensions: 16x15
Kitchen
Level: First
Area: 180.00 Square Feet
Dimensions: 12x15
Great Room
Level: First
Area: 247.00 Square Feet
Dimensions: 13x19
Primary Bedroom
Level: First
Area: 420.00 Square Feet
Dimensions: 28x15
Primary Bathroom
Level: First
Bedroom 2
Level: First
Area: 144.00 Square Feet
Dimensions: 12x12
Bedroom 3
Level: First
Area: 156.00 Square Feet
Dimensions: 12x13
Bedroom 4
Level: First
Area: 165.00 Square Feet
Dimensions: 15x11
Bedroom 5
Level: Second
Area: 156.00 Square Feet
Dimensions: 13x12
Laundry
Level: First
Media Room
Level: Second
Interior
Sewer
Public Sewer
Cooling
Central Air
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)
Exterior Features
Balcony, Hurricane Shutters, Lighting
Flooring
Carpet, Ceramic Tile
Appliances
Built In Oven, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
Heating
Central, Electric, Exhaust Fan, Propane
Construction
Year Built
Year Built: 2007
Home type
Single Family Residence
Foundation Details
Slab, Stem Wall
Property Condition
Completed
Roof
Concrete, Tile
Construction Materials
Cement Siding, Stucco
Utilities & Energy
Parking Features
Driveway, Ground Level, Guest, Workshop In Garage
Fireplace Features
Living Room
Laundry Features
Inside, Laundry Room
Water Source
Private, Public
Association Amenities
Basketball Court, Clubhouse, Fitness Center, Handicap Modified, Lobby Key Required, Park, Pickleball Court(s), Playground, Pool, Shuffleboard Court, Tennis Court(s), Wheelchair Access
Pool Features
Heated, In Ground, Lighting
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
Other Features
Patio And Porch Features
Rear Porch, Screened
Community Features
Clubhouse, Dog Park, Fitness Center, Golf Carts Ok, Handicap Modified, No Truck/rv/motorcycle Parking, Park, Playground, Pool, Sidewalks, Tennis Court(s), Street Lights
Vegetation
Trees/landscaped
Subdivision Name
Southbay Yacht & Racquet Club
Lot Features
Landscaped, Near Marina
Price History
| Date | Event | Price |
|---|---|---|
10/01/2026 Source: | Listed for Sale | $4,590,000 +30.21% $869/sqft |
06/06/2025 Source: | Price Decreased | $3,525,000 -11.81% $668/sqft |
04/17/2025 Source: | Sold | $3,997,000 -5.95% $757/sqft |
03/05/2025 Source: | Listed for Sale | $4,250,000 $805/sqft |
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Based on information from Stellar MLS® through Oct 08, 2026, 07:30AM as submitted to and distributed by MLS GRID. All data is obtained from various sources and may not have been verified by the 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. IDX information is provided exclusively for consumers’ personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any, and as amended from time to time. © 2026 Stellar MLS. All Rights Reserved.
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