Putnam Realty GroupFlorida Home Value AI · Michael Putnam, Sales Associate

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321 LOOKOUT POINT DRIVEView all 77 photos
$3,100,000Under contract

321 LOOKOUT POINT DRIVE

OSPREY, FL 34229 · Single Family Residence

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Bedrooms3
Bathrooms3 full, 1 half
Living area3,122 Sq. Ft.
Total area4,469 Sq. Ft.
Year built1978
Lot size0.34 acres (14,888 Sq. Ft.)
Garage2 spaces, attached
Stories2
Private poolYes
HOAAbout $219/mo
Flood zoneAE*
SubdivisionSOUTHBAY YACHT & RACQUET CLUB
Days on market1
MLS numberMFRA4697345

Property taxes: $16,002 (2025) is the current owner's bill. In Florida the bill usually goes up after a sale, when the homestead cap and exemption go away. See what yours would be.

About this home

Experience the epitome of waterfront living in the sought-after Southbay neighborhood. This 3 bedroom, 3.5 bath home is ideally positioned on a peninsula, providing sweeping panoramic water views. The moment you step inside, you will be mesmerized by the breathtaking bay views through a plethora of windows and sliding glass doors that flood the space with natural light. The open, main level is designed for both comfort and style, with vaulted ceilings, unobstructed water views from every room and hardwood floors. The kitchen is uniquely designed, featuring an extended breakfast bar, high end designer cabinets and stainless steel appliances. The great room, with wet bar, has views so perfect, they almost feel like artwork. The new clear view lanai screens provide a gorgeous tropical back drop to the pool and spa. Host friends and loved ones, using the outdoor kitchen and setting area for a fun-filled dinner, and watch the sun set, painting the sky with a golden glow. The first floor master suite consists of a spacious bedroom, a spa-like bathroom, and a separate area utilized as a private study. Upstairs you will find two additional en suite bedrooms. One opens to the new deck, has views over the Dryman Bay out to Casey Key, and is large enough to use as a second master suite. While the views and location of this home are drop-dead gorgeous, practical features also abound. This home has impact windows and doors, a brand new washer and dryer, and recently replaced roof, AC and tankless hot water heater. Southbay Yacht and Racquet Club has a seven-acre deep-water marina accommodating boats up to 55 feet with slips available to homeowners. It has an updated clubhouse and fitness center overlooking the bay, complete with a ballroom, catering kitchen, meeting room and library. Community amenities also include a geothermal heated pool, children’s pool, tennis, pickleball, shuffleboard, basketball and kayak storage. Residents enjoy 20 acres of lush common grounds and five miles of walking trails, plus a vibrant calendar of social events.

Features

InteriorHigh Ceilings
AppliancesBuilt-In Oven, Cooktop, Dishwasher
FlooringCarpet, Tile, Wood
LaundryInside
ExteriorBalcony, Outdoor Grill, Outdoor Kitchen
PoolIn Ground
ConstructionStucco
RoofTile
FoundationSlab
LevelsTwo
FacesNortheast
HeatingCentral
CoolingCentral Air
UtilitiesElectricity Connected
SewerPublic Sewer
WaterPublic
PetsYes
FurnishedUnfurnished
Sale conditionsNone
Elementary schoolLaurel Nokomis Elementary
Middle schoolSarasota Middle
High schoolVenice Senior High
CountySarasota

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Listing courtesy of COLDWELL BANKER REALTY, 941-383-6411 (Steve Abbe). Stellar MLS via MLS GRID.

Listings courtesy of Stellar MLS as distributed by MLS GRID. Information is deemed reliable but is not guaranteed accurate by Stellar MLS, MLS GRID, or Putnam Realty Group, and should be independently verified. This information 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. Properties may be listed by brokerages other than Putnam Realty Group. To report an inaccuracy, contact Michael Putnam at 941-662-9941 or [email protected].