IDX

Listed by Natalie Gutwein · Courtesy of MICHAEL SAUNDERS & COMPANY· Agent MLS ID# MFR288579297 · Deemed reliable but not guaranteed. · Data last updated: Aug 31, 2026 · 3:40 PM

313 LOOKOUT POINT DR

Osprey, Sarasota, FL, 34229

Active

$5,999,999

$1124/sqft

4Beds
5Baths
5,337Sq Ft
2016Built
146Days on Market

About this home

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.

Facts & Features

MFRA4688995
$5,999,999
Active
4
5
4
1
5,337 sqft
0.4100
2016
Residential
Single Family Residence
N/A

Community Information

313 LOOKOUT POINT DR
Southbay Yacht & Racquet Club
Osprey
Sarasota
FL
34229
No

Amenities

N/A
N/A
No
Yes
Yes

Interior

Ceiling Fans(s), High Ceilings, Open Floorplan, Walk-In Closet(s), Eat-in Kitchen, Living Room/Dining Room Combo, Thermostat, Crown Molding, Primary Bedroom Main Floor, Central Vaccum, Wet Bar
Central
Central Air
Carpet, Ceramic Tile, Wood
Living Room
2
Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Refrigerator, Washer, Freezer, Exhaust Fan, Bar Fridge, Wine Refrigerator, Gas Water Heater

Exterior

Rain Gutters, Storage, Lighting, Balcony, Outdoor Grill, Fire Pit
Stucco
Slab, Stem Wall
Concrete, Tile
N/A
Paved, Near Marina, Street Dead-End

School Information

Laurel Nokomis Elementary
Laurel Nokomis Middle
Venice Senior High

Additional Information

April 7, 2026
146
RSF2
Northeast
No

Mortgage Calculator

This calculator provides estimates for informational purposes only and is not a loan offer, pre-approval, or commitment to lend. Actual rates, payments, and loan terms vary by lender and are subject to credit approval, income/asset verification, and market conditions. Property tax and homeowners insurance shown are estimates and may differ. PMI applies when the down payment is under 20%. For an official Loan Estimate, contact a licensed mortgage lender. MICHAEL SAUNDERS & COMPANY is a licensed real estate brokerage, not a mortgage lender. Equal Housing Opportunity.

146 days on market

Listing updated: Aug 31, 2026 · 3:40 PM

Listed by: Natalie Gutwein · 941-993-2660MICHAEL SAUNDERS & COMPANY · 941-951-6660

Updated from Real Estate Market Data

Location

BR
brokerage

Get in Touch

You may also like

Similar Properties

453 S SHORE DR — home for sale

$499,999

453 S SHORE DR

3Beds
3Baths
MFRO6439571MLS ID
2,422SqFt

RE/MAX PRIME PROPERTIES

2046 CORDES ST — home for sale

$585,000

2046 CORDES ST

3Beds
2Baths
MFRA4705136MLS ID
1,705SqFt

MICHAEL SAUNDERS & COMPANY

206 FOUR KNOT LN — home for sale

$1,770,000

206 FOUR KNOT LN

3Beds
2Baths
MFRA4695429MLS ID
2,411SqFt

REALTY ONE GROUP MVP