Listing Details for MLS #A4644435
433 N Osprey Avenue, Sarasota, Fl

Residential Property - Single Family Residence in Sarasota

Listing Price: $795,000 (Mortgage Calculator →)Days on Market: 63

Description of Property

Step into a world where history and practicality intertwine. This extraordinary property offers not one, but two enchanting residences: a boathouse and a lighthouse, each with its own captivating story. The journey begins in 1933, when Arthur Rowe, a distinguished yacht captain for Sarasota's elite, John Ringling and William Selby, envisioned his dream home. He commissioned the renowned boat builder Oliver Blackburn to create these distinctive residences. Rowe, who captained John Ringling's luxury yacht ARVIDA until 1921 and later served Selby, retired to his dream—a livable boat on land to remind him of his days on the water. Today, Rowe’s Boathouse and the accompanying three-story Lighthouse residence stand proudly in the historic neighborhood of Gillespie Park, each a testament to a bygone era. The Boathouse, a spacious two-story abode, features 2 bedrooms and 2 bathrooms. Sunlight floods the main living area through large windows, offering serene views of lush tropical landscaping. The modern kitchen, equipped with ample counter space and a large peninsula, is perfect for entertaining. An open, airy flex space leads to a private terrace, while a spiral staircase ascends to the owner's suite, complete with an ensuite bathroom and a private balcony overlooking the property. The Lighthouse, with its iconic conical shape, is a charming 1 bedroom, 1 bathroom residence spanning three levels. The first floor welcomes you with a cozy living room and kitchen. The second floor houses the owner's suite and bathroom, and the top floor features an observation room—ideal for an office, workspace, or art studio. The outdoor spaces of this property are equally enchanting. The Boathouse features a private terrace perfect for al fresco dining or simply enjoying the serene surroundings. The lush tropical landscaping provides a tranquil oasis, while the private balcony off the owner's suite offers a peaceful retreat with views of the property. The Lighthouse's observation room provides a unique vantage point to take in the beauty of the surrounding area. Located just a few blocks from downtown restaurants, shopping, entertainment, and cultural attractions, this property is perfect for outdoor enthusiasts. Its proximity to Sarasota Bay offers easy access to the ongoing transformation of the 53-acre Bay project into a world-class public space just a few blocks away. Boaters, in particular, are drawn to this property, captivated by the allure of life on the water. This is more than a home; it's a piece of history, a story waiting to be re-lived.The average asking price for a 3 bedroom/3 bath single family residence in this Zip code is $2,935,364. This single family residence is listed at about 27% of the average asking price. This is the only 3 bedroom/3 bath single family residence between $600,000 and $900,000 currently listed for sale in this Zip code.