Property
ActiveResidential
1/60
$5,999,999

313 LOOKOUT POINT DRIVE

Osprey, FL 34229
4
Beds
5
Baths
5,337
SqFt
0.41
Acres
STELLAR
#A4688995
Updated: Apr 23, 2026, 2:53pm

Property 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.
Included Appliances
Bar FridgeBuilt-In OvenCooktopDishwasherDisposalDryerExhaust FanFreezerGas Water HeaterIce MakerMicrowaveRefrigeratorWasherWine Refrigerator

Property Details

Highlights
View
Yes
Waterfront
Yes
Interior
Additional Rooms
AtticBonus RoomDen/Library/OfficeGreat RoomStorage Rooms
Appliances
Bar FridgeBuilt-In OvenCooktopDishwasherDisposalDryerExhaust FanFreezerGas Water HeaterIce MakerMicrowaveRefrigeratorWasherWine Refrigerator
Bathrooms Total Decimal
4.5
Building Area Total
6896
Cooling
Central Air
Fireplace Features
Living Room
Flooring
CarpetCeramic TileHardwood
Furnished
Partially
Heating
Central
Interior Features
Ceiling Fan(s)Central VacuumCrown MoldingEating Space In KitchenHigh CeilingsLiving Room/Dining Room ComboOpen FloorplanPrimary Bedroom Main FloorThermostatWalk-In Closet(s)Wet Bar
Laundry Features
Laundry ChuteLaundry Room
Living Area
5337
Rooms Total
15
Construction
Builder Name
John Cannon
Building Area Source
Public Records
Building Area Units
Square Feet
Construction Materials
Stucco
Direction Faces
Northeast
Foundation Details
SlabStem Wall
Levels
Two
Living Area Source
Public Records
Living Area Units
Square Feet
Property Condition
Completed
Roof
ConcreteTile
Stories Total
2
Year Built
2016
Site & Exterior
Carport Spaces
Yes
Covered Spaces
6
Exterior Features
BalconyFire PitFrench DoorsIrrigation SystemLightingOutdoor GrillRain GuttersSliding DoorsStorage
Flood Zone Code
AEX
Garage Dimensions
32x27
Garage Spaces
5
I D X Participation
Yes
Lot Features
Near MarinaStreet Dead-End
Lot Size Acres
0.41
Lot Size Area
17967
Lot Size Square Feet
17967
Lot Size Units
Square Feet
Open Parking
Yes
Other Structures
CabanaOutdoor Kitchen
Parking Features
CoveredDrivewayGarage Door OpenerGround LevelGuest
Patio And Porch Features
Front PorchPatio
Pool Features
Chlorine FreeHeatedIn GroundLightingSalt Water
Public Survey Range
18E
Public Survey Section
15
Road Frontage Type
Street Dead-EndStreet Paved
Road Surface Type
Paved
Sewer
Public Sewer
Spa Features
HeatedIn Ground
Total Acreage
1/4 to less than 1/2
Utilities
Street Lights
View
Water
Water Access
Yes
Water Extras
Yes
Water Source
Public
Water View
Yes
Waterfront
Yes
Waterfront Features
WaterfrontIntracoastal WaterwayMarina
Waterfront Feet Total
191
Zoning
RSF2
Financials
Association Fee
656
Association Fee Frequency
Quarterly
Calculated List Price By Calculated Sq Ft
1124.23
Contract Status Change Date
2026-04-07
Current Price
5999999
Feed Types
BBO
Lease Considered
Yes
Minimum Lease
1 Month
Monthly H O A Amount
218.67
Owner Name
ON RECORD
Ownership
Fee Simple
Parcel Number
0158020017
Public Survey Township
38S
Tax Annual Amount
20559.3
Tax Book Number
22-27
Tax Legal Description
LOT 293 SOUTHBAY YACHT & RACQUET CLUB
Tax Lot
293
Tax Year
2025
Total Annual Fees
2624
Total Monthly Fees
218.67

Neighborhood & Lifestyle

Community & Association
Association Fee Requirement
Required
Association Name
Southbay Yacht & Racquet Club
Community Features
Boat SlipDockFishingIntracoastal WaterwayMarinaWater AccessWaterfront
M L S Area Major
34229 - Osprey
Pets Allowed
Yes
S W Subdiv Community Name
Southbay Yacht & Racquet Club
Subdivision Name
SOUTHBAY YACHT & RACQUET CLUB
Schools
Ratings
Elementary
Laurel Nokomis Elementary
Middle
Laurel Nokomis Middle
High
Venice Senior High
Listing provided courtesy of STELLAR via IDX. Updated: Apr 23, 2026, 2:53pm.
Natalie Gutwein

Listing Agent

MICHAEL SAUNDERS & COMPANY

Call Agent