Overview
Description
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!
Address
- Street4938 COMMONWEALTH
- CitySarasota
- SubdivisionSIESTA BEACH
- CountySarasota
- StateFL
- Zip34242
- MLS #A4711626
Interior
- Accessibility FeaturesAccessible Elevator Installed
- AppliancesBar Fridge, Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
- Bathrooms Full3
- Bathrooms Half1
- Bathrooms Total Integer4
- Bedrooms Total4
- CoolingCentral Air
- CoolingYes
- Fireplace FeaturesElectric, Living Room, Ventless
- FireplaceYes
- FlooringLaminate, Porcelain Tile
- FurnishedUnfurnished
- HeatingCentral, Electric
- HeatingYes
- Interior FeaturesBuilt-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
- Laundry FeaturesElectric Dryer Hookup, Inside, Laundry Room, Upper Level
- LevelsTwo
- Living Area2,169
- Living Area SourceAppraiser
- Living Area UnitsSquare Feet
- Rooms Total13
- Security FeaturesSmoke Detector(s)
- Spa FeaturesHeated, In Ground
- SpaYes
- Window FeaturesBlinds, Double Pane Windows, Shades, Thermal Windows
Exterior
- Attached GarageYes
- Carport Spaces0
- Covered Spaces0
- Direction FacesEast
- Exterior FeaturesGarden, Irrigation System, Lighting, Permeable Paving
- Garage Spaces0
- GarageYes
- Lot FeaturesFlood Insurance Required, FloodZone, In County, Landscaped
- Lot Size Acres0
- Lot Size Area7,604
- Lot Size Square Feet7,604
- Lot Size UnitsSquare Feet
- Open ParkingYes
- Parking FeaturesGarage Door Opener, Golf Cart Parking, Ground Level, Oversized, Parking Pad, Under Building
- Patio And Porch FeaturesCovered, Deck, Rear Porch, Side Porch, Wrap Around
- Pool FeaturesGunite, Heated, In Ground, Lighting, Solar Power Pump, Tile
- Road Frontage TypeStreet Paved
- Road Surface TypePaved, Asphalt
- RoofShingle
- ViewPool, Water
- Water Body NameGRAND CANAL
- Waterfront FeaturesCanal - Saltwater
Structure
- Architectural StyleFlorida
- Building Area Total4,827
- Construction MaterialsConcrete, Stucco, Wood Frame (FSC Certified)
- Foundation DetailsSlab, Stilt/On Piling
- Property ConditionCompleted
- Stories Total1
- Year Built1984
Utilities
- ElectricPhotovoltaics Seller Owned
- Green Energy EfficientSolar Energy Storage On Site
- Green Energy GenerationSolar
- SewerPublic Sewer
- UtilitiesBB/HS Internet Available, Cable Connected, Electricity Connected, Public, Underground Utilities, Water Connected
- Water SourcePublic
Financial
- Parcel Number0081070011
- Pets AllowedYes
- Tax Annual Amount12,150
- Tax Block22
- Tax Book Number1037-423
- Tax Legal DescriptionLOT 17 & TH N 10 FT OF LOT 18 BLK 22 SIESTA BEACH
- Tax Lot17
- Tax Year2025
- ZoningRSF2
Schools
- Elementary SchoolPhillippi Shores Elementary
- High SchoolSarasota High
- Middle Or Junior SchoolBrookside Middle
Location
- CountryUnited States
- County Or ParishSarasota
- DirectionsFrom 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.
- Latitude27
- Longitude-83
- MLS Area Major34242 - Sarasota/Crescent Beach/Siesta Key
- Postal Code34242
- Postal Code Plus41422
- Street NameCOMMONWEALTH
- Street Number4938
- Street Number Numeric4,938
- Street SuffixDRIVE
- Subdivision NameSIESTA BEACH
- Unparsed Address4938 COMMONWEALTH DRIVE
Listing Info
- Co-List Agent Full NameLin Dunn
- MCP RULES X281503539
- Co-List Office MLS ID281502395
- Co-List Office NameMICHAEL SAUNDERS & COMPANY
- List Price2,650,000
- Contract Status Change DateNovember 3, 2026
- Cumulative Days On Market2
- Days On Market2
- Lease ConsideredYes
- List Agent AORSarasota - Manatee
- List Agent Emailmauricemenager@michaelsaunders.com
- List Agent Full NameMaurice Menager
- List Agent Key8feeae4f9a5fcd16882222d5547be033
- List Agent MLS ID281503595
- List Agent Preferred Phone941-238-8119
- List Office MLS ID281502395
- List Office NameMICHAEL SAUNDERS & COMPANY
- List Office Phone941-349-3444
- Listing Contract DateNovember 3, 2026
- Listing IDA4711626
- Listing Key9bb38cb55b7f4c92da28bf9595409e79
- Listing TermsCash, Conventional
- MLS StatusActive
- Modification TimestampNovember 6, 2026
- On Market DateNovember 3, 2026
- Original Entry TimestampNovember 3, 2026
- Original List Price2,650,000
- Originating System Keystellar
- Originating System NameStellar MLS
- OwnershipFee Simple
- Photos Change TimestampNovember 3, 2026
- Photos Count59
- Source System Key815655817
- Special Listing ConditionsNone
- Status Change TimestampNovember 3, 2026
Features & Amenities
- Bar Fridge
- Built-in Features
- Built-In Oven
- Cathedral Ceiling(s)
- Ceiling Fan(s)
- Central
- Central Air
- Convection Oven
- Cooktop
- Dishwasher
- Disposal
- Dryer
- Eating Space In Kitchen
- Electric
- Electric Dryer Hookup
- Electric Water Heater
- Elevator
- Flood Insurance Required
- FloodZone
- Garage Door Opener
- Garden
- Golf Cart Parking
- Ground Level
- Gunite
- Has Waterfront
- Heated
- High Ceilings
- In County
- In Ground
- Inside
- Irrigation System
- Laminate
- Landscaped
- Laundry Room
- Lighting
- Living Room/Dining Room Combo
- Microwave
- Open Floorplan
- Oversized
- Parking Pad
- Permeable Paving
- Pool
- Porcelain Tile
- Primary Bedroom Main Floor
- PrimaryBedroom Upstairs
- Private Pool
- Refrigerator
- Solar Power Pump
- Solid Surface Counters
- Split Bedroom
- Stone Counters
- Thermostat
- Tile
- Under Building
- Upper Level
- Vaulted Ceiling(s)
- Walk-In Closet(s)
- Washer
- Water
- Window Treatments
Mortgage Calculator
- Principal & interest
- Property tax
- Home insurance
- PMI
- HOA dues
Estimates only and not a loan offer. Taxes, insurance and rates vary — confirm with a lender.
Meet your agent
Maurice Menager
Listing Agent · MICHAEL SAUNDERS & COMPANY
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