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617 N OWL DRIVE

House Active With Contract
$5,150,000

BTC: 81.74603175

ETH: 2,949.59908362

31 days
Waterfront
4 bds
3 ba
4,382 sqft

Overview

Remarkable, elevated waterfront residence ideally positioned in the prestigious Bird Key neighborhood. Custom built in 2005 by renowned builder Steve Murray of Murray Homes, it reflects exceptional craftsmanship, structural integrity, and enduring quality. Purposefully designed to maximize its setting on the wider Dolphin waterway, just a few homes from open Sarasota Bay, the property offers both protected dockage and quick bay access. With undeniable presence, the home stands tall and commanding, defined by strong architectural lines. A long, paved driveway, framed by six striking Royal Palms, enhances the sense of scale on arrival. Inside, soaring 23-foot ceilings immediately reveal the home’s true volume. The thoughtfully designed floor plan allows the residence to live grandly while still offering intimate spaces for everyday comfort. The chef’s kitchen, with breakfast bar and center island, flows seamlessly into the family room and informal dining area. A formal living room with decorative natural stone fireplace opens through French doors to the water facing terrace, while the formal dining room balances its dramatic ceiling height with an inviting and intimate ambiance. The first-floor primary suite offers terrace access, an en-suite bath, large walk-in closet, coffee bar, and beverage refrigerator. A solid wooden staircase leads upstairs to a second primary suite featuring dual walk-in closets, en-suite bath, coffee bar, beverage refrigerator, and a private water-facing terrace perfect for sunrise views over the canal and bay. An additional en-suite guest bedroom is privately situated upstairs. A fourth bedroom, currently used as an office with built-ins and a Murphy bed, opens through French doors to a waterfront terrace. Outdoor living is equally impressive in both scale and design with a fully equipped outdoor kitchen, generous covered seating areas, fire pit, and a 30-foot pool with spillover spa and programmable lighting. The dock features 20,000 lb. and 5,000 lb. boat lifts with direct access to Sarasota Bay via the wide Dolphin waterway. The property includes two full two-car garages with direct interior access. With the added benefit of a new in 2025 roof, this residence is built strong, elevated, and designed to impress, combining commanding architecture with a prime boating location. Living on Bird Key places you minutes from downtown Sarasota, St. Armands Circle, Lido Beach, and the soon-to-reopen Bird Key Yacht Club, anticipated in 2026 as one of Sarasota’s premier destinations for boating, tennis, dining, and social life.

Location

Details

Type:
Residential
Parking:
Driveway / Garage Door Opener / Garage Faces Side
Year Built:
2005
Lot:
0.34 Acres
Heating:
Central
Price/sqft:
$1,175
Cooling:
Central Air
HOA:
$1,315

Valuation

Our model vs. what's actually selling nearby.
Estimate
$2,500,000
$1.6M – $4.0M
Confidence Low
List vs. estimate
$2.6M above estimate
List $5,150,000 · +106.0%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$1,175
+259.6% vs. city median $326
Based on
13 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$21,897
2025
HOA
$1,315/yr
24-Hour Guard, Manager
Pool
In Ground
View
Water
Waterfront
Canal - Saltwater
Garage
4 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Carpet

    • Tile

    • Travertine

    • Hardwood

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Water Heater

    • Microwave

    • Refrigerator

    • Washer

    • Wine Refrigerator

    Other interior features

    • Built-in Features

    • Cathedral Ceiling(s)

    • Ceiling Fan(s)

    • Crown Molding

    • Dry Bar

    • Eating Space In Kitchen

    • High Ceilings

    • Kitchen/Family Room Combo

    • Primary Bedroom Main Floor

    • PrimaryBedroom Upstairs

    • Solid Surface Counters

    • Split Bedroom

    • Thermostat

    • Tray Ceiling(s)

    • Vaulted Ceiling(s)

    • Walk-In Closet(s)

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 4

    • Bathrooms: 1

    • Full bathrooms: 3

  • Parking

    • Driveway

    • Garage Door Opener

    • Garage Faces Side

    Property

    • Levels: Two

    • Pool Private: Yes

    • Exterior Features: Balcony / Fire Pit / French Doors / Irrigation System / Lighting / Outdoor Grill / Outdoor Kitchen / Private Entrance / Private Mailbox

    Lot

    • Lot: 0.34 Acres

    Other Property Information

    • Parcel Number: 2012140029

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Electricity Connected

    • Propane

    • Street Lights

    • Water Connected

  • Other financial information

    • HOA: $1,315

    • HOA Frequency: Annually

    • Annual tax amount: $21,897

  • Source details

    • MLS ID: A4684085

    Other facts

    • Construction Materials: Block / Stucco

    • Foundation Details: Slab

    • Fireplace Features: Decorative / Living Room

    • Laundry Features: Laundry Room

    • Lot Features: FloodZone

    • Patio And Porch Features: Deck / Patio

    • Pool Features: In Ground

    • Window Features: Blinds / Drapes

    • Direction Faces: South

    • Waterfront: Yes

    • Fireplace: Yes

    • Water Body Name: DOLPHIN

    • Garage Spaces: 4

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 4382

    • Water Source: Public

    • Lot Size Dimensions: 150 x 100

    • Subdivision Name: BIRD KEY SUB

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: COLDWELL BANKER REALTY