IDX

Listed by Natalie Gutwein · Courtesy of MICHAEL SAUNDERS & COMPANY · 941-951-6660 · Agent MLS ID# MFR288579297 · Deemed reliable but not guaranteed. · Listing updated: Oct 16, 2026 · 3:06 PM

Active

275 LOOKOUT POINT DR

Osprey, Sarasota, FL, 34229

$4,590,000

$869/sqft

5Beds
5Baths
5,279Sq Ft
2007Built
15Days on Market

About this home

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.

Facts & Features

MFRA4707430
$4,590,000
Active
5
5
5
0
5,279 sqft
0.3800
2007
Residential
Single Family Residence
N/A

Community Information

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

Amenities

Clubhouse, Pool, Shuffleboard Court, Tennis Court(s), Fitness Center, Pickleball Court(s), Park, Playground, Lobby Key Required, Wheelchair Access, Basketball Court, Handicap Modified
N/A
No
Yes
Yes

Interior

Ceiling Fans(s), High Ceilings, Walk-In Closet(s), Eat-in Kitchen, Living Room/Dining Room Combo, Kitchen/Family Room Combo, Thermostat, Crown Molding, Built-in Features, Primary Bedroom Main Floor
Central, Electric, Exhaust Fan, Propane
Central Air
Carpet, Ceramic Tile
Living Room
2
Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer

Exterior

Lighting, Balcony, Hurricane Shutters
Stucco, Cement Siding
Slab, Stem Wall
Concrete, Tile
N/A
Landscaped, Near Marina

School Information

Laurel Nokomis Elementary
Laurel Nokomis Middle
Venice Senior High

Additional Information

October 1, 2026
15
RSF2
East
No

Mortgage Calculator

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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.

15 days on market

Listing updated: Oct 16, 2026 · 3:06 PM

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

Updated from Real Estate Market Data

Location

AEAhmed ElbatrawyEmpire Network Realty

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