by Global Lifestyle Properties

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$3,100,000
● House - In Contract

321 LOOKOUT POINT DRIVE

OSPREY, FL 34229
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,122 Ft²
$17,212
Est. Monthly
$657
HOA / Fees

About This Property

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.
Unit Size
3,122 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$993
Property Type
House
Property Taxes
$1,333
HOA Dues
$657
Year Built
1978

Listed By

Steve Abbe
Steve Abbe
COLDWELL BANKER REALTY

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Last updated: 4 months ago (Stellar MLS #A4697345)

Price History

Date / Event Date Event Price
Jun 28, 2026 In contract -
In contract
Jun 26, 2026 Listed by COLDWELL BANKER REALTY $3,100,000
Listed by COLDWELL BANKER REALTY
Aug 2, 1993 Sold
Sold

Property Highlights

Garage
Air Conditioning
Parking Details
Has Garage
Attached Garage
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 3
Interior Features: High Ceilings
Appliances: Oven, Cooktop, Dishwasher
Flooring Type: Carpet, Tile, Hardwood
Door Features: Sliding Doors
Laundry Features: Inside
Rooms: 7
Exterior Details
Square Footage: 3122
Square Footage Source: $0
Year Built: 1978
Building Area Total: 4469
Levels: Two
Building Area Units: Square Feet
Construction Materials: Stucco
Pool Features: In Ground
Pool is Private
Lot Size Area: 14888
Lot Size Units: Square Feet
Lot Size Acres: 0.34
Lot Size Square Feet: 14888
Tax Lot: 292
Water Source: Public
Financial Details
Tax Annual Amount: $16,002
Lease Considered: Yes
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA Fee: $657
HOA Fee Frequency: Quarterly

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 1
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 4
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 509
  • Parking Space Count: 2
  • Patio Type: 5
  • Porch Type: 102
  • Pool Type: 8
  • Location Influence Type: 69

    Dimensions

  • Lot Size Square Feet: 14,888
  • Lot Size Frontage Feet: 10
  • Total Building Area: 3,631
  • Gross Building Area: 3,631
  • Building Area: 3,122
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,122
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SOUTHBAY YACHT & RACQUET CLUB
  • Land Acres: 0000000342
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: LOT 292 SOUTHBAY YACHT & RACQUET CLUB

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: W190 A055 G054
  • Census Tract: 002102

Zoning

  • Zoning: RSF2

Geography

  • Assessors Map Reference: 32C
  • Account Number: 0158020018
  • Subdivision Tract Number: 1854
  • Parcel: 0158-02-0018
  • Lot: 292
  • Meridian: SEC 15 TWN 38S RNG 18E
  • Municipality: SARASOTA COUNTY
  • Latitude: 27.1741
  • Longitude: -82.4887

    Address

  • Full Address: 321 Lookout Point Dr
  • Address - House Number: 321
  • Address - Street Name: Lookout Point
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Osprey
  • Carrier Code: R001
  • 4-Digit Zip Code: 9798
  • Zip Code: 34229

Valuation

    Tax

  • Total Area: 4,469
  • Tax Year: 2023
  • Tax Amount: $1,482,405
  • Tax Rate Code Area: 9201

    Appraisal Valuation

  • Standard Deviation: 0.1754
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 77
  • Final Value: 2,196,281
  • High Value: 2,581,724
  • Low Value: 1,810,838

    Market Valuation

  • Market Total Value: $2,725,100
  • Market Land Value: $1,968,600
  • Market Improvement Value: $756,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,276,665

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 30, 1993
  • Current Sale Recording Date: Aug 02, 1993
  • Current Sale Price:
  • Current Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Southbay Yacht and Racquet Club


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Frequently Asked Questions

When was property at 321 Lookout Point Drive built and last sold?
The property at 321 Lookout Point Drive was built in 1978 and last sold on Jul 30, 1993 for $510,500.
How much is this home worth?
The estimated value of the home located at 321 Lookout Point Drive is $3,083,630.
What are some comparable homes to 321 Lookout Point Drive?
There are currently no comparable homes to 321 Lookout Point Drive.