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

Residential Property - Single Family Residence in Osprey

Listing Price: $5,495,000 (Mortgage Calculator →)

Description of Property

Premier Intracoastal Estate in Osprey 4 Bedrooms | 6 Bathrooms | 6,308 Sq. Ft. | 2 Waterfront Acres A rare opportunity to own two acres of private waterfront property in Sarasota, 730 Sarabay is a convergence of residential luxury and unparalleled waterfront living. The two-story home sits at the end of a long drive behind a gated entrance and tranquil pond. With approximately 100 feet of bay frontage, the property provides an uncommon level of seclusion. A private dock and boat lift rated for 15,000 pounds offer instant access to Little Sarasota Bay. With no fixed bridges in the way, vessels of any height can sail straight through Midnight Pass into the Gulf of Mexico. Unlike almost every other waterfront property in Sarasota County, this elevated acreage sits in Flood Zone X, offering peace of mind and insurance savings. The house features soaring ceilings and wide-plank oak floors. Its over-sized hurricane-impact glass fills the rooms with light. Generous living and dining areas, as well as a handsome office and bonus room with water views, flow in a blend of open-plan and formal spaces, accommodating family gatherings and grand festivities. The gourmet chef’s kitchen is equipped with solid wood cabinetry, stone counters, and high-end appliances. The primary suite, conveniently located downstairs, features a broad view of the bay, vaulted ceiling, spa-like bath, and capacious closets. Reached by travertine staircase or wood-paneled elevator, the second floor houses three ensuite bedrooms, one of which serves as a second master. Each offers stunning bay views, a full bath, and ample closets. A bonus room usable as guest suite, home gym, or playroom, completes the upstairs. The generously sized travertine patio and bayside lawn are an oasis for outdoor living and gracious entertaining. The pool features a Baja shelf and integrated spa, and the propane fire pit creates a cozy spot for cooler evenings. The covered living and dining area commands spectacular views of the vivid South Florida sunsets. Recent upgrades include two new AC units, a new pool heater, and a newly painted exterior. Characterized by long lawns and mature palms, the grounds are a low-maintenance blend of lush beauty and complete privacy. The attached 4-car garage is proportioned for contemporary vehicles. It includes a built-in workbench with capacious cabinetry. The free-standing 3-car garage is divided into two and one-car bays, easily customized for personal use. The two-bay side was an artist’s studio and includes a mini-split and large laundry sink. The one-bay side overlooks the garden and was previously a home gym. Location is the most important factor in real estate, and this property delivers. Positioned near A-rated Pine View School and Oscar Scherer State Park, 730 Sarabay is adjacent to Downtown Sarasota, convenient to St. Armands, and close to Historic Venice and world-renowned Siesta Key Beach. This home is a complete waterfront lifestyle, a legacy estate 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 $4,980,000. This single family residence is listed at about 110% 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 »