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Land with Home for Sale in Osprey, Florida

730 Sarabay Rd, Osprey, FL 34229

$4,995,000
2 acres
Active sale
$500k drop
Est $27,891/mo

One or more photo(s) has been virtually staged. PREMIER HIGH-ELEVATION BAYFRONT ESTATE ON 2 PRIVATE ACRES 4 Bedrooms | 5.5 Bathrooms | 6,308 Sq. Ft. | 730 Sarabay Road is a rare opportunity to own two acres of private waterfront property in Osprey. Situated at the end of a long gated drive by a private pond, this expansive estate offers privacy, luxury, and direct boating access to the Gulf through nearby Midnight Pass. Positioned along 100 feet of Little Sarasota Bay frontage, it includes a private dock and 15,000-lb boat lift. Inside, the residence provides over 6,300 square feet of living space, soaring ceilings, walls of windows, and sweeping bay views. Wide-plank oak and floor-to-ceiling hurricane-impact windows frame generous living spaces designed for entertaining and an open-plan gourmet kitchen. The primary suite includes a spa-inspired bath and spacious walk-in closets. Upstairs, three en suite bedrooms feature views over the bay; an additional room offers flexibility as a sitting room or fifth bedroom. Outside, a large travertine terrace, resort-style pool and hot tub, propane fire pit, and broad bayside lawn showcase Sarasota’s brilliant sunsets. A four-car attached garage and air-conditioned, detached three-car garage offer space for car collectors, or for an artist’s studio or home gym. Ideally located between Sarasota and Venice, the home has easy access to Siesta Key and Nokomis beaches as well as to the many cultural attractions of Sarasota’s downtown. Additionally, the home has a documented history of no flooding, water intrusion, or hurricane damage, providing significant peace of mind. This bayfront estate is a unique combination of lush acreage, secure elevation, boating access, and luxury coastal living—a complete waterfront lifestyle.

6,308
Sq feet
4
Beds
5
Full baths
1
1/2 bath
2011
Built

Location

Street address
730 Sarabay Rd
Community
Sarabay Acres
Elevation
9 feet
Coordinates
27.1853, -82.4899

Directions

Head West US 41, South of light across from Walmart onto to Bay Ave. Immediate left on Sarabay Rd, home will be on your right.

Property details

Acreage
2 acres
Zoning
RSF1
MLS #
MFRMLS A4672618
Posted

Property taxes

2024
$47,200

Parcels

  • 0148110001

Legal description

Resources

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Lot

Waterfront
Waterfront
Features
Dock

Exterior

Parking
Attached Garage, Boat, Carport, Driveway, Garage, Guest, Oversized
Pool
Private
Structures
Outdoor Kitchen
Features
French Doors, Level, Lighting, Outdoor Grill, Pool, Sliding Doors

Structure

Heating
Central, Electric, Zoned
Cooling
Central Air
Materials
Block, Stucco
Roof
Tile

Interior

Room Count
12
Rooms
Bathroom x 5, Bedroom x 4, Bonus Room, Dining Room, Family Room, Kitchen, Living Room, Media Room, Office
Flooring
Ceramic Tile, Wood
Appliances
Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Security
Smoke Detector(s)
Accessibility
Accessible Elevator Installed
Features
Cathedral Ceiling(s), Ceiling Fans(s), Crown Molding, Elevator, High Ceilings, Kitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar

Listing history

DateEventPriceChangeSource
Mar 28, 2026Price drop$4,995,000$500,000 -9.1%MFRMLS
Nov 19, 2025New listing$5,495,000MFRMLS
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This 2-acre property is located at 730 Sarabay Rd in Osprey, FL 34229. The property is available for sale for $4,995,000. It has a 6,308 sq ft 4 bedroom, 5 bath house built in 2011.

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