- Overview
- Description
- Property Details
- Location
- HOA Management
- Facts & Features
- Getting Around
- Nearby Homes





Street View
$5,299,999
Monthly Est:$26,380
4 Beds
- 5 Baths
4 full baths + 1 half bath
5,337sqft
313 Lookout Point Dr, Osprey, FL 34229
$5,299,999
$26,380/moEst:
Get Pre-Approved
Single Family Residence
Built in 2016
$218.67/mo HOA
17,967 sqft lot
$993/sq.ft
Description
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.
- Houzeo last checked: 0 minutes ago
- Listing updated: October 6, 2026 at 7:48 pm
- Listing Provided by: Natalie Gutwein (941) 993-2660 , Madison Brown | MICHAEL SAUNDERS & COMPANY (941) 951-6660
- Source: Stellar MLS-FL | MLS#: A4688995

Property Details
Status
Active
Type
Single Family Residence
No. of Stories
2
County
City
Neighborhood
--
Year Built
2016
HOA Fees
$218.67/mo
Finished Area
5,337 sqft
Lot Size
17,967 sqft lot
Basement Area
- sqft
MLS Name
Stellar MLS
MLS Number
A4688995
MLS Status
Active
Days on Market
186
Cumulative Days on Market
182

Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
Download App
Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
Location
HOA Management
Southbay Yacht & Racquet Club
HOA Fees
$656/ Quarterly
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: 4
Bathrooms: 5
Bedroom 4
Level: Second
Area: 196.00 Square Feet
Dimensions: 14x14
Living Room
Level: First
Area: 399.00 Square Feet
Dimensions: 21x19
Dining Room
Level: First
Area: 299.00 Square Feet
Dimensions: 23x13
Kitchen
Level: First
Area: 234.00 Square Feet
Dimensions: 18x13
Primary Bedroom
Level: First
Area: 319.00 Square Feet
Dimensions: 22x14.5
Primary Bathroom
Level: First
Area: 236.90 Square Feet
Dimensions: 23x10.3
Office
Level: First
Area: 170.80 Square Feet
Dimensions: 14x12.2
Bedroom 2
Level: First
Area: 167.70 Square Feet
Dimensions: 13x12.9
Bathroom 2
Level: First
Area: 65.60 Square Feet
Dimensions: 8x8.2
Laundry
Level: First
Family Room
Level: Second
Area: 257.40 Square Feet
Dimensions: 18x14.3
Florida Room
Level: First
Bedroom 3
Level: Second
Area: 196.00 Square Feet
Dimensions: 14x14
Bathroom 3
Level: Second
Area: 53.20 Square Feet
Dimensions: 9.5x5.6
Bathroom 4
Level: Second
Area: 64.90 Square Feet
Dimensions: 11.8x5.5
Interior
Sewer
Public Sewer
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
Cooling
Central Air
Flooring
Carpet, Ceramic Tile, Wood
Heating
Central
Exterior Features
Balcony, Fire Pit, Lighting, Outdoor Grill, Rain Gutters, Storage
Appliances
Bar Fridge, Built In Oven, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Washer, Wine Refrigerator
Construction
Year Built
Year Built: 2016
Home type
Single Family Residence
Property Condition
Completed
Roof
Concrete, Tile
Foundation Details
Slab, Stem Wall
Construction Materials
Stucco
Utilities & Energy
Laundry Features
Laundry Chute, Laundry Room
Water Source
Public
Pool Features
Chlorine Free, Heated, In Ground, Lighting, Salt Water
Fireplace Features
Living Room
Parking Features
Covered, Driveway, Garage Door Opener, Ground Level, Guest
Other Features
Subdivision Name
Southbay Yacht & Racquet Club
Lot Features
Near Marina, Street Dead End, Paved
Patio And Porch Features
Front Porch, Patio
Community Features
Street Lights
Price History
| Date | Event | Price |
|---|---|---|
04/07/2026 Source: | Price Decreased | $5,299,999 -11.67% $993/sqft |
04/07/2026 Source: | Listed for Sale | $5,999,999 $1,124/sqft |
Nearby Homes
Find Homes by Property Features in Osprey, FL
Based on information from Stellar MLS® through Oct 11, 2026, 02:45AM 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.
Advertising Broker: Fred McGill | Simple Showing, Inc









