As seen on HGTV August 1, 2025 | HGTV – Zillow Gone Wild The Boathouse & Lighthouse – A Legacy Property in the Heart of Sarasota Step into a once-in-a-lifetime opportunity to own two of Sarasota’s most imaginative and historically rich residences—The Boathouse and The Lighthouse—featured on HGTV’s Zillow Gone Wild this August. Built in 1933 by master boat builder Oliver Blackburn for Arthur Rowe, former yacht captain to John Ringling and William Selby, this property is a rare fusion of artistry, architecture, and legacy. Nestled in the vibrant, walkable neighborhood of Gillespie Park, it offers a lifestyle unlike any other. The Boathouse: A 2BR/2BA home crafted to resemble a livable vessel on land, featuring sunlit living spaces, a modern kitchen, and a spiral staircase leading to a private owner’s suite with balcony The Lighthouse: A 1BR/1BA vertical residence with three levels, including a top-floor observation room—perfect for a studio, office, or creative retreat. Just 4.2 miles to Lido Beach, you can walk, bike, or drive to the powdery sands and turquoise waters in minutes—bringing the best of Sarasota’s coastal lifestyle right to your doorstep. Surrounded by lush tropical landscaping and just blocks from downtown Sarasota’s dining, arts, and the waterfront Bay Park, this property is a unique opportunity for: Investors seeking high-performing, character-rich rentals Creatives looking for an inspiring live/work environment History lovers drawn to Sarasota’s storied past Currently operating as successful short-term rentals, the homes have flexible use potential—live in one, rent the other, or reimagine both as a private compound, boutique retreat, or artistic haven. This is more than real estate—it’s a storybook legacy waiting to be continued.
For sale
Price cut: $50K (5/22)
$795,000
433 N Osprey Ave, Sarasota, FL 34236
3beds
1,949sqft
Est.:
Single Family Residence
Built in 1935
6,565 Square Feet Lot
$752,500 Zestimate®
$408/sqft
$-- HOA
What's special
Spiral staircaseLush tropical landscapingTop-floor observation roomModern kitchenSunlit living spaces
- 147 days
- on Zillow |
- 4,169 |
- 247 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: August 03, 2025 at 01:19pm
Listing Provided by:
Christine del Monte 941-266-6733,
COLDWELL BANKER REALTY 941-366-8070,
Katia Balcazar 941-539-1005,
COLDWELL BANKER REALTY
Source: Stellar MLS,MLS#: A4644435
Originating MLS: Sarasota - Manatee

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Features: Coat Closet
- Level: Second
- Area: 156 Square Feet
- Dimensions: 13x12
Kitchen
- Level: First
- Area: 99 Square Feet
- Dimensions: 11x9
Living room
- Level: First
- Area: 156 Square Feet
- Dimensions: 13x12
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Microwave, Range, Refrigerator
- Laundry: Electric Dryer Hookup, Inside
Features
- Solid Surface Counters, Thermostat
- Flooring: Ceramic Tile, Hardwood
- Doors: French Doors
- Has fireplace: No
Interior area
- Total structure area: 2,242
- Total interior livable area: 1,949 sqft
Video & virtual tour
Property
Features
- Levels: Three Or More
- Stories: 3
Lot
- Size: 6,565 Square Feet
Details
- Parcel number: 2026100020
- Zoning: DTN
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Frame, Wood Siding
- Foundation: Slab
- Roof: Membrane
Condition
- New construction: No
- Year built: 1935
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: BB/HS Internet Available, Cable Available, Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: CENTRAL PARK SUB
HOA
- Has HOA: No
- Pet fee: $0 monthly
Location
- Region: Sarasota
Financial & listing details
- Price per square foot: $408/sqft
- Annual tax amount: $4,949
- Date on market: 3/21/2025
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Paved
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