4938commonwealthdrivesarasotafl34242

4 Beds

3 Full baths

2,169SqFt

Active

Exceptional luxury coastal living on Siesta Key! Positioned on Siesta Key’s Grand Canal with quick access to Sarasota Bay, this fully renovated estate offers the perfect blend of high-end comfort and modern efficiency. Powered by solar panels with battery storage, this eco-conscious home delivers peace of mind and low utility costs. The sprawling open floor plan highlights a newly integrated primary guest suite and seamless indoor-outdoor flow opening to a resort-style heated cocktail pool and spa. A standout feature is the expansive, grandfathered 1,300 sq. ft. bonus space—providing endless possibilities for a game room, home gym, or customized lounge. Complete with high-end boating amenities and located just minutes from world-famous Siesta Key Beach and Village. Move-in ready perfection!

Property Details
Price $2,650,000
Bedrooms 4
Full Baths 3
Half Baths 1
Property Style Florida
Lot Size Area 7604
Lot Size Area Units Square Feet
Acres 0.17
Property Type Residential
Sub type SingleFamilyResidence
MLS Sub type Single Family Residence
Features Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Eating Space In Kitchen, Elevator, High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, PrimaryBedroom Upstairs, Solid Surface Counters, Split Bedroom, Stone Counters, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
Exterior Features Garden, Irrigation System, Lighting, Permeable Paving
Year Built 1984
Subdivision SIESTA BEACH
View Pool, Water
Roof Shingle
Waterfront GRAND CANAL
Heating Central, Electric
Foundation Slab, Stilt/On Piling
Accessibility Accessible Elevator Installed
Lot Description Flood Insurance Required, FloodZone, In County, Landscaped
Laundry Features Electric Dryer Hookup, Inside, Laundry Room, Upper Level
Pool features Gunite, Heated, In Ground, Lighting, Solar Power Pump, Tile
Parking Description Garage Door Opener, Golf Cart Parking, Ground Level, Oversized, Parking Pad, Under Building
Garage spaces 0
Geographic Data
Directions From the Siesta Key Bridge turn left onto MPR at the Higel light. Turn right on the first Commonwealth Drive after crossing the Grand Canal Bridge. Property down on the right. Vacant lot beside it that can be used for additional road parking.
County Sarasota
Latitude 27.280315
Longitude -82.553721
Market Area 34242 - Sarasota/Crescent Beach/Siesta Key
Address Information
Address 4938 COMMONWEALTH DRIVE, SARASOTA, FL 34242
Postal Code 34242
City SARASOTA
State FL
Country United States
Listing Information
Listing Office MICHAEL SAUNDERS & COMPANY
Listing Agent Maurice Menager
Special listing conditions None
Ownership Fee Simple
Terms Cash, Conventional
School Information
Elementary School Phillippi Shores Elementary
Middle School Brookside Middle
High School Sarasota High
MLS Information
Days on market 0
MLS Status Active
Listing Date Nov 3, 2026
Listing Last Modified Nov 3, 2026
Tax ID 0081070011
Tax Year 2025
Tax Annual Amount 12149
MLS Area 34242 - Sarasota/Crescent Beach/Siesta Key
MLS # A4711626

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