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Overview

5 bd5 ba5,279 sqft3 car garageSingle Family
TypeSingle Family
HOA$656/qtr
Built2007
Lot16,709 sqft
Living area5,279 sqft
Price / sqft$869
Garage3 car

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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

About this home

Built-in FeaturesCeiling Fans(s)Crown MoldingEat-in KitchenHigh CeilingsKitchen/Family Room ComboLiving Room/Dining Room ComboPrimary Bedroom Main Floor

275 Lookout Point Dr is a 2007-built home in Southbay Yacht & Racquet Club, Osprey. Inside you'll find 5 bedrooms, 5 bathrooms, and 5,279 square feet of living space. Listed at $4,590,000 (about $869/sqft), 12 days on market. Flood zone AE, X - confirm flood insurance requirements with your lender. HOA runs $656 quarterly.

From the listing

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.

The essentials

Built
2007
Price / sqft
$869
On market
12 days
Annual tax
$17,826
HOA
$656/qtr
Flood zone
AE, X
Lot
16,709 sqft
Type
Single Family Residence

At a glance

Single family
Built 2007
Waterfront
Intracoastal Waterway
Private pool
Heated
3 car garage
Driveway
0.38 acres
Lot size

Payment

Est. monthly payment
$27,939/mo
Down payment (20%)
$918,000
Property taxes
$1,486/mo
HOA
$656/qtr
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Single Family Residence
Year Built
2007
Lot
16,709 sqft
Cooling
Central Air
Heating
Central, Electric, Exhaust Fan, Propane
Parking
Driveway, Ground Level, Guest, Workshop in Garage
Pool
Heated, In Ground, Lighting
Waterfront
Intracoastal Waterway
Days on Market
12
Built-in Features
Ceiling Fans(s)
Crown Molding
Eat-in Kitchen
High Ceilings
Kitchen/Family Room Combo
Living Room/Dining Room Combo
Primary Bedroom Main Floor
Thermostat
Walk-in Closet(s)
Balcony
Hurricane Shutters
Lighting
Clubhouse
Dog Park
Fitness Center
Golf Carts OK
Handicap Modified
No Truck/Rv/Motorcycle Parking
Park
Playground
Pool
Sidewalks
Tennis Court(s)
Street Lights
Built-in Oven
Cooktop
Dishwasher
Disposal
Dryer
Microwave
Refrigerator
Washer
Elementary
Laurel Nokomis Elementary
Middle
Laurel Nokomis Middle
High
Venice Senior High

Districts can re-zone, so verify directly with the district before relying on these.

Flood Zone AE, X
Annual Tax (2025)
$17,826
Parcel #
0158070010

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Southbay Yacht & Racquet Club
County
Sarasota
MLS Area
34229 - Osprey
Lot Size
16,709 sqft
LandscapedNear Marina
HOA
$656/qtr
Southbay Yacht & Racquet Club - Rachelle Freed

Price history

Date
Event
Price
9/30/2026
Listed for sale
Source: Stellar MLS #A4707430
$4,590,000
$869/sqft

Neighborhood

275 Lookout Point Dr
Osprey, FL, 34229 · 34229 - Osprey

Market insights

Offer Insights

Choose an offer strength

List price: $4,590,000
$4.37M – $4.59M
95.2% – 100% of listTops out right at the list price
80% of listList price
35 of the last 66 home closings in 34229 landed at this number or higher (53%). The median one sat 35 days before it went under contract, and this one is on day 12.

Sample: 66 closed home sales in 34229 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

Talk through an offer with our team

Calculator

Est. monthly payment
$27,938/mo
Principal & interest$23,939
Property taxes$1,486
Insurance$2,295
HOA$219
Down payment20% · $918,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. HOA includes any condo dues reported on the listing. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$4,590,000

$869 per sq ft

Beds and baths

5 beds, 5 baths

Size

5,279 sq ft

Time on market

12 days

Year built

2007

Monthly payment

About $27,939/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $17,826 annual tax bill, insurance, and the $656/qtr HOA fee.

HOA fee

$656/qtr

Managed by Southbay Yacht & Racquet Club - Rachelle Freed.

Flood zone

Zone AE, X

That is a high-risk designation, so a lender will normally require flood insurance. Confirm the current rate before you write an offer.

Offer

What should I offer?

Have another question?

Brokered byMICHAEL SAUNDERS & COMPANYListing agent: Natalie GutweinListing data from Stellar MLS, MLS# A4707430.

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