Listing provided courtesy of MICHAEL SAUNDERS & COMPANYas Distributed by MLSGrid- MLS# MFRA4688995MLS Provider

313 LOOKOUT POINT DRIVEOSPREY, FL 34229

Single Family · 4 Beds · 4 Full Baths · 1 Half Bath · 5,337 Sq. ft. | 0.41 Acres
$5,999,999 Active

313 LOOKOUT POINT DRIVE Overview

Time on Site:
84 days
Visits:
0

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.

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313 LOOKOUT POINT DRIVE Facts & Features

  • Type Single Family
  • Sq. ft. 5,337
  • Price/Sq.ft. $1,124
  • Lot 0.41 Acres

Details

General

Association/HOA

  • Association Fee: 656
  • Association Fee Frequency: Quarterly
  • Association Name: Southbay Yacht & Racquet Club
  • Association: Yes

School Information

  • Elementary School: Laurel Nokomis Elementary
  • Middle Or Junior School: Laurel Nokomis Middle
  • High School: Venice Senior High

Building Information

  • Builder Name: John Cannon
  • New Construction: No
  • Year Built: 2016

Location/Region

  • Country: US
  • County Or Parish: Sarasota
  • MLS Area Major: 34229 - Osprey
  • Subdivision Name: SOUTHBAY YACHT & RACQUET CLUB
  • Township: 38S

Community/Development

  • Community Features: Street Lights

Tax Information

  • Tax Annual Amount: 20559.3
  • Tax Year: 2025

General Information

  • Furnished: Partially
  • Ownership: Fee Simple
  • Parcel Number: 0158020017
  • Pets Allowed: Yes
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community: No
  • Special Listing Conditions: None
  • Zoning: RSF2

Interior

Parking Information

  • Garage Spaces: 5
  • Garage: Yes

Beds/Baths

  • Bathrooms Full: 4
  • Bathrooms Half: 1
  • Bathrooms Total: 5
  • Bedrooms Total: 4

Building Interior

  • Building Area Source: Public Records
  • Building Area Total: 6896
  • Building Area Units: Square Feet

General Information

  • Appliances: Bar Fridge,Built-In Oven,Cooktop,Dishwasher,Disposal,Dryer,Exhaust Fan,Freezer,Gas Water Heater,Ice Maker,Microwave,Refrigerator,Washer,Wine Refrigerator
  • Cooling: Central Air
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Flooring: Carpet,Ceramic Tile,Wood
  • Foundation Details: Slab,Stem Wall
  • Heating: Central
  • 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 Features: Laundry Chute,Laundry Room
  • Levels: Two
  • Living Area: 5337
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Other Equipment: Fire Pit,Irrigation Equipment
  • Spa Features: Heated,In Ground
  • Spa: Yes
  • Stories Total: 2

Exterior

Parking Information

  • Parking Features: Covered,Driveway,Garage Door Opener,Ground Level,Guest

Lot Information

  • Additional Parcels: No
  • Lot Features: Near Marina,Street Dead-End,Paved
  • Lot Size Acres: 0.41
  • Lot Size Square Feet: 17967
  • Road Surface Type: Paved
  • Water Source: Public

Waterfront/View

  • View: Water
  • Waterfront Features: Intracoastal Waterway,Marina in Community
  • Waterfront: Yes

Building Exterior/Construction

  • Attached Garage: Yes
  • Construction Materials: Stucco
  • Direction Faces: Northeast
  • Patio And Porch Features: Front Porch,Patio
  • Roof: Concrete,Tile

General Information

  • Carport Spaces: 1
  • Carport: Yes
  • Exterior Features: Balcony,Fire Pit,French Doors,Lighting,Outdoor Grill,Rain Gutters,Sliding Doors,Storage
  • Other Structures: Cabana,Outdoor Kitchen
  • Pool Features: Chlorine Free,Heated,In Ground,Lighting,Salt Water
  • Pool Private: Yes
  • Sewer: Public Sewer

Room Information

Room: Bathroom 2

  • Level: First
  • Dimensions: 8x8.2
  • Length: 8.2
  • Width: 8

Room: Bedroom 2

  • Level: First
  • Dimensions: 13x12.9
  • Length: 12.9
  • Width: 13

Room: Dining Room

  • Level: First
  • Dimensions: 23x13
  • Length: 13
  • Width: 23

Room: Florida Room

  • Level: First

Room: Kitchen

  • Level: First
  • Dimensions: 18x13
  • Length: 13
  • Width: 18

Room: Laundry

  • Level: First

Room: Living Room

  • Level: First
  • Dimensions: 21x19
  • Length: 19
  • Width: 21

Room: Office

  • Level: First
  • Dimensions: 14x12.2
  • Length: 12.2
  • Width: 14

Room: Primary Bathroom

  • Level: First
  • Dimensions: 23x10.3
  • Length: 10.3
  • Width: 23

Room: Primary Bedroom

  • Level: First
  • Dimensions: 22x14.5
  • Length: 14.5
  • Width: 22

Room: Bathroom 3

  • Level: Second
  • Dimensions: 9.5x5.6
  • Length: 5.6
  • Width: 9.5

Room: Bathroom 4

  • Level: Second
  • Dimensions: 11.8x5.5
  • Length: 5.5
  • Width: 11.8

Room: Bedroom 3

  • Level: Second
  • Dimensions: 14x14
  • Length: 14
  • Width: 14

Room: Bedroom 4

  • Level: Second
  • Dimensions: 14x14
  • Length: 14
  • Width: 14

Room: Family Room

  • Level: Second
  • Dimensions: 18x14.3
  • Length: 14.3
  • Width: 18

313 LOOKOUT POINT DRIVE Neighborhood

Community

34229 (OSPREY) Demographics

61
Median Age
972
Population Density (per sq. mile)
69%
College Educated
$88,542
Estimated Median Income
3,011
Estimated Total Home Owners
476
Estimated Total Renters
86% / 14%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data unavailable, School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

313 LOOKOUT POINT DRIVE Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

313 LOOKOUT POINT DRIVE Market Data

Based on the last 30 days in this zip code

$1,115,332
Average List Price
$460
Average Price per Square Foot
20
Properties Sold
160
Average Days on Market
148
Properties for Sale
Calculations provided by Reliance Network

313 LOOKOUT POINT DRIVE History

Date Event Value Agent
4/7/2026Source: My Florida Regional MLS Added to Database
April 07, 2026