Map

For SaleSingle Family ResidenceActive

4938 Commonwealth Drive

Sarasota, FL 34242

$2,650,000

5 Days On Site

  • 4Beds
  • 4Baths3 full, 1 half
  • 2,169Sq Ft
  • $1,222Per Sq Ft
  • 0.17Acres
  • 1984Built
Subdivision
Siesta Beach
County
Sarasota
MLS®
A4711626

Overview

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!

Listing Snapshot

Price
$2,650,000
Days On Site
5 Days
Bedrooms
4
Inside Area (SqFt)
2,169 sqft
Total Baths
4
Full Baths
3
Partial Baths
1
Lot Size
0.17 Acres
Year Built
1984
MLS® Number
A4711626
Status
Active
Property Tax
$12,149.85 (2025)
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Appraiser

Property Details

General Features

18 items
Acres
0.17
Attached Garage
Yes
Direction Faces
East
Energy Features
Solar
Foundation
Slab
Garage
Yes
Levels
Two
Number Of Stories
1
Parking
Garage Door Opener, Oversized, Parking Pad, Basement, Attached
Pets
Yes
Property Sub Type
Single Family Residence
Security
Smoke Detector(s)
Sewer
Public Sewer
SqFt Total
4,827
Style
Florida
Utilities
Cable Available, Cable Connected, Electricity Connected, Underground Utilities, Water Connected
Water Source
Public
Zoning
RSF2

Interior Features

22 items
Appliances
Bar Fridge, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
Cooling
Central Air
Fireplace
Yes
Fireplace Features
Electric, Living Room, Ventless
Flooring
Laminate, Tile
Furnished
Unfurnished
Heating
Central, Electric
Interior
Built-in Features, Cathedral Ceiling(s), Eat-in Kitchen, Elevator, High Ceilings, Open Floorplan, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s)
Laundry Features
Electric Dryer Hookup, Inside, Laundry Room, Upper Level
Spa
Yes
Window Features
Blinds, Double Pane Windows

Rooms

RoomDimensionsLevelFeatures
Additional Bedroom12x26FirstCeiling Fan(s)
Balcony/Porch/Lanai26x45First
Bathroom 19x11Second
Bedroom 213x13Second
Bedroom 312x13Second
Family Room19x30FirstBar
Foyer8x12First
Great Room21x30Second
Kitchen10x21SecondBreakfast Bar, Stone Counters
Laundry8x8Second
Master Bedroom13x29SecondDouble Vanity

Exterior Features

14 items
Construction Details
Concrete, Stucco, Frame
Exterior
Garden, Lighting, Permeable Paving, Dock
Lot Features
Landscaped, Paved, Waterfront
Patio And Porch
Covered, Deck, Rear Porch, Side Porch, Wrap Around
Pool Features
Gunite, Heated, In Ground, Solar Heat, Tile, Private
Private Pool
Yes
Roof
Shingle
Spa
Yes
Spa Features
Heated, In Ground
View
Canal, Water, Pool
Waterfront
Yes
Waterfront Features
Canal Front
Waterview
Canal, Water, Pool
Windows/Doors
Blinds, Double Pane Windows

Community Features

5 items
Accessibility Features
Accessible Entrance, Accessible Elevator Installed
MLS Area
34242 - Sarasota/Crescent Beach/Siesta Key
Township
37S
Financing Terms Available
Cash, Conventional
Roads
Asphalt

Location

4938 Commonwealth Drive, Sarasota, FL 34242 · 34242 - Sarasota/Crescent Beach/Siesta Key

$26M$25M$12M
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Neighborhood & Commute

ZIP Code 34242

Median household income
$117,603
Income per person
$109,238
Households
4,295
Average household size
1.88
Median age
66.2

Source: Walk Score.

Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.

Schools

Elementary School
Phillippi Shores Elementary
Middle School
Brookside Middle
High School
Sarasota High

Price & Status History

  1. Listing updated with changes from the MLS®
  2. Status changed to Active
  3. Listing first seen on site

Friends & Family

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Listing courtesy of MICHAEL SAUNDERS & COMPANY (941) 238-8119

Stellar MLS

Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.

Last checked: 2026-11-09 05:25 AM EST

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