505 S OSPREY AVENUE Under contract-accepting backup offers. Welcome to 505 South Osprey Avenue, a stunning property located in the picturesque and historic neighborhood of Laurel Park, right in the heart of Downtown Sarasota. This exceptional residence offers a unique lifestyle, reminiscent of a private compound within the city's core. Featuring a main house, guest house, two-car garage, and an enchanting outdoor entertainment space, this property promises a truly unparalleled living experience. As you enter the main house, you will be captivated by the open floor plan that highlights a chef's kitchen equipped with top-of-the-line appliances, including a Thermador wine cooler and Bosch coffee machine. The kitchen flows seamlessly into the great room, which is adorned with wood plank ceilings and a 42-inch linear gas fireplace, creating a warm and inviting atmosphere. Adjacent to the kitchen and great room is a separate dining room with a coffered ceiling and floor-to-ceiling windows, providing a beautiful setting for entertaining guests with an abundance of natural light. One of the home's most distinguished features is the rare inclusion of a FIRST-FLOOR primary bedroom and bathroom, offering convenience and sophistication. This primary suite boasts soaring ceilings, a spacious walk-in closet, and luxurious spa-like bath amenities, offering a tranquil retreat for relaxation. Upstairs, a private bonus/media room provides ample space for leisure activities, while two additional bedrooms with en-suite baths ensure comfort and privacy for family or guests. Adding to the charm of this residence is the fourth bedroom, located above the garage in the in-law suite. This suite offers a Uline beverage center, private bath, and a delightful balcony, exuding comfort and hospitality. The indoor/outdoor living experience of this home is exceptional. The great room features sliders that open to the covered lanai, where electronic floor-to-ceiling screens allow for a seamless integration of indoor and outdoor spaces. The natural-toned travertine deck leads to a refreshing pool and a heated spa, perfect for daytime relaxation or evening enjoyment. The outdoor summer kitchen, fully equipped for culinary adventures, invites cooking and dining under the sun or stars. Discover why 505 South Osprey Avenue is one of the most unique and desirable homes in one of Florida's finest locations, Downtown Sarasota. This property is not just a home, but a lifestyle waiting to be experienced.