Listing Details for MLS #A4672618
730 Sarabay Road, Osprey, Fl

Residential Property - Single Family Residence in Osprey

Listing Price: $5,495,000 (Mortgage Calculator →)Days on Market: 110

Description of Property

Premier Intracoastal Estate in Osprey 4 Bedrooms | 5.5 Bathrooms | 6,308 Sq. Ft. | 2 Waterfront Acres A rare opportunity to own two acres of private bayfront property in Osprey, this elevated waterfront estate at 730 Sarabay Road offers an exceptional combination of privacy, luxury, and direct boating access to the Gulf of Mexico. Positioned along approximately 100 feet of Little Sarasota Bay frontage, the property includes a private dock and a 15,000-lb boat lift, allowing vessels of any height to pass through Midnight Pass into the Gulf with no fixed bridges. One of the home’s most remarkable advantages is its elevated foundation. Across fourteen hurricane seasons since 2011, the property has maintained a documented history of no flooding, water intrusion, or structural damage, a rare distinction among Sarasota’s waterfront estates and an added level of confidence for coastal living. Inside, the residence offers over 6,300 square feet of living space designed to capture natural light and sweeping bay views. Soaring ceilings, wide-plank oak floors, and expansive hurricane-impact windows create an elegant interior where generous living and dining spaces flow seamlessly between open gathering areas and more formal entertaining rooms. The gourmet kitchen features solid wood cabinetry, stone countertops, and high-end appliances ideal for both everyday living and hosting guests. The main-level primary suite overlooks the bay and includes a vaulted ceiling, spa-inspired bath, and spacious walk-in closets. Upstairs, three additional ensuite bedrooms provide comfort and privacy for family and guests, including one that can function as a secondary primary suite. A versatile bonus room offers flexibility as a home office, gym, media room, or potential fifth bedroom. Outdoor living is designed for both relaxation and entertaining. A travertine terrace frames the resort-style pool with Baja shelf and integrated spa, while a propane fire pit and expansive bayside lawn create inviting spaces to gather and enjoy Sarasota’s spectacular sunsets over the water. The property also offers exceptional garage capacity, including an attached four-car garage and detached three-car garage with flexible space previously used as an artist’s studio and home gym. Mature palms, expansive lawns, and the long gated drive create a setting that feels both private and serene. Ideally located near Pine View School, Oscar Scherer State Park, Siesta Key Beach, and the cultural attractions of downtown Sarasota, this extraordinary waterfront estate offers a rare combination of acreage, elevation, boating access, and luxury coastal living. This exceptional bayfront estate offers a complete waterfront lifestyle — a legacy property where memories are made and treasured for generations.The average asking price for a 4 bedroom/5 bath single family residence in this Zip code is $4,494,167. This single family residence is listed at about 122% of the average asking price. There are 3 4 bedroom/5 bath homes between $4,800,000 and $6,200,000 currently listed for sale in this Zip code. See other listings like this one »