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275 Lookout Point Drive

Osprey, FL 34229

5 beds
5 baths
5,279 sqft
~1/2 acre lot
$899 per sqft
2007 build
– on site

This stunning waterfront residence in Southbay Yacht and Racquet Club is truly a gem on Florida’s Gulf Coast where boats are accommodated in a deep-water marina for low fees. Boasting over 135 feet of water frontage and surrounded by lush tropical landscaping and majestic Royal Palms. Its refined curb appeal sets it apart as a one-of-a-kind property. The custom John Cannon home features a grand double door entry that opens to breathtaking wide open bay views. Inside, the home showcases high-end finishes and upgrades, including impressive, vaulted ceilings reaching up to 21 feet. You'll find abundant crown molding, elaborate tray ceilings, and exquisite wall finishes adorned with artfully painted faux designs and plantation shutters throughout. The home is designed for entertaining, with a full bar and wine room for guests, as well as an upper-level wet bar. The chef's kitchen is a culinary dream, featuring a spacious granite island, a gas cooktop with a pot filler, and views overlooking the pool, patio, and bay. An upper-level bonus room offers versatile space for play, music, movies, or exercise, all while enjoying some of the best views in the house. The main level master suite is a serene retreat with a sitting area, two large closets, and a luxurious bath that includes a garden shower, large tub, dual sinks, and a separate toilet and bidet. The expansive outdoor living spaces, including main level and upper terraces, are perfect for enjoying sunsets and observing local wildlife such as ospreys, dolphins, manatees, and a parade of boats. Private dock for sunset viewing and fishing. Ideally located between Sarasota and Venice, this residence is just minutes away from the pristine sands of Siesta Key and Nokomis Beach. Convenience abounds with nearby shopping, dining, the Legacy Trail, private and commercial airports, and top-rated schools, including the renowned Pine View School. This exquisite home truly embodies the essence of Florida living. Southbay Yacht & Racquet Club lives up to its name with a newly renovated community clubhouse, geothermal pool, gym overlooking the marina, banquet rooms, three tennis courts, four pickleball courts, a bocce ball court, two shuffleboards, basketball, kayak storage area, a waterfront park, 20 acres of common grounds and miles of trails. Ideally in between culturally rich Sarasota and charming Venice, minutes to beaches, Legacy Trail, No. 1 rated Pine View School, shopping, waterfront restaurants and Oscar Scherer State Park. Walk to your boat or take your golf cart around the neighborhood. For those who seek an exceptional waterfront life, nothing compares.

Listing courtesy of STELLAR_MLS / PREMIER SOTHEBYS INTL REALTY

Last checked: Checking… • Last updated Dec 27, 2024 •

MLS# A4632453 —

The Building

Year Built:

2007
New Construction:

false
Builder Name:

John Cannon
Architectural Style:

Mediterranean
Construction Materials:

Block
Levels:

Two
Roof:

Concrete
Foundation Details:

Stem Wall
Window Features:

Drapes
Patio And Porch Features:

Covered
Security Features:

Security System
Building Area Total:

7781
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Interior Features:

Built-in Features
Furnished:

Unfurnished
Flooring:

Carpet
Additional Rooms:

Bonus Room
Fireplace:

true
Fireplace Features:

Gas

Room Dimensions

Living Area:

5279
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

From US-41 go West into South Bay Yacht & Racquet Club (South Bay Dr.), turn left on Four Knot Lane, turn left on Lookout Point Dr, the house will be on your right.
Latitude:

27.172068
Longitude:

-82.487225
Coordinates:

-82.487225, 27.172068

The Property

Parcel Number:

0158070010
Property Type:

Residential
Property Subtype:

Single Family Residence
Property Attached:

false
Lot Features:

Cleared
Lot Size Acres:

0.38
Lot Size Area:

16709
Lot Size SqFt:

16709
Lot Size Units:

Square Feet
Total Acres:

1/4 to less than 1/2
Zoning:

RSF2
Direction Faces:

East
View:

Water
View:

true
Exterior Features:

Balcony
Vegetation:

Mature Landscaping
Water Source:

Public
Road Responsibility:

Public Maintained Road
Road Surface Type:

Paved
Road Frontage Type:

Street Paved
Flood Zone Code:

X, AE
Flood Zone Panel:

12115C0236G
Additional Parcels:

false
Homestead:

true
Lease Restrictions:

true
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Lot:

301
Tax Legal Description:

LOT 301 SOUTHBAY YACHT & RACQUET CLUB
Tax Book Number:

22-27
Tax Annual Amount:

16731.97

Beds

Bedrooms Total:

5

Baths

Total Baths:

5
Total Baths:

5
Full Baths:

5

The Listing

Virtual Tour URL Unbranded:

https://tours.srq360media.com/275lookoutpointdrive?mls
Special Listing Conditions:

None

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

BB/HS Internet Available
Sewer:

Public Sewer

Appliances

Appliances:

Bar Fridge
Laundry Features:

Electric Dryer Hookup

Schools

Elementary School:

Laurel Nokomis Elementary
Middle Or Junior School:

Laurel Nokomis Middle
High School:

Venice Senior High

The Community

Subdivision Name:

SOUTHBAY YACHT & RACQUET CLUB
Senior Community:

false
Community Features:

Bay/Harbor Front
Water View:

Bay/Harbor - Full
Water View:

true
Water Access:

Bay/Harbor
Water Access:

true
Water Extras:

Bridges - No Fixed Bridges
Waterfront:

true
Waterfront Features:

Bay/Harbor Front
Spa:

true
Spa Features:

Heated
Pool Private:

true
Pool Dimensions:

27 x 13
Pool Features:

Gunite
Pets Allowed:

Cats OK
Pet Restrictions:

See Association Documents.
Association Amenities:

Basketball Court
Association:

true
Association Fee:

612.26
Association Fee Frequency:

Quarterly
Association Fee Includes:

Common Area Taxes
Association Fee Requirement:

Required
Monthly HOA Amount:

204.09
Amenities Additional Fees:

Boat slips first come for additional fee in deep water Marina. Property does have it's own dock, primarily for fishing and views.
Ownership:

Fee Simple
Association Approval Required:

false

Parking

Garage:

true
Attached Garage:

true
Garage Spaces:

3
Garage Dimensions:

21x32
Carport:

false
Covered Spaces:

3
Open Parking:

true
Parking Features:

Driveway

Monthly cost estimate

Asking price

$4,750,000

Expense	Monthly cost
Mortgage	$25,434
Taxes	$1,394
Insurance	$1,306
HOA fees	$204
Utilities	$211 See report
Total	$28,549/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
12/27/24 Dec 27, 2024	Listed / Active	STELLAR_MLS	$4,750,000

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This house located in Southbay Yacht And Racquet Club, Osprey, FL 34229 is currently for sale for $4,750,000. 275 Lookout Point Drive is a 5,279 square foot house with 5 beds and 5 baths that has been on Estately for 1 days. 275 Lookout Point Drive is in the Southbay Yacht And Racquet Club neighborhood of Osprey and has a WalkScore® of 26, making it car-dependent. This house is in the attendance area of Venice High School and Laurel Nokomis School.

Listing Courtesy of: STELLAR_MLS and PREMIER SOTHEBYS INTL REALTY.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2024.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.