4938 Commonwealth Drive, Sarasota, FL 34242
For Sale $2,650,000
Save Property
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!
Built-in Features
Cathedral Ceiling(s)
Ceiling Fans(s)
Eat-in Kitchen
Elevator
High Ceilings
Living Room/Dining Room Combo
Open Floorplan
Primary Bedroom Main Floor
Primary Bedroom Upstairs
Solid Surface Counters
Split Bedroom
Stone Counters
Thermostat
Vaulted Ceiling(s)
Walk-In Closet(s)
Window Treatments
Taxes: $12,149.85
Tax Year: 2025
Garden
Lighting
Permeable Paving
Bar Fridge
Built-In Oven
Convection Oven
Cooktop
Dishwasher
Disposal
Dryer
Electric Water Heater
Microwave
Refrigerator
Washer
Pool
Water
Canal - Saltwater
Bridges - Fixed
Lift
No Wake Zone
Seawall - Concrete
Seawall - Other
Grand Canal
View: Canal
Elementary School: Phillippi Shores Elementary
Middle School: Brookside Middle
Junior High: Brookside Middle
High School: Sarasota High
Building Description: Florida
MLS Area: 34242 - Sarasota/Crescent Beach/Siesta Key
Total Square Footage: 4,827
Price per Square Feet: $1,221.76
Total Floors: 1
Water: Public
Construction: Concrete, Stucco, Frame
Date Listed: 2026-11-03 00:00:00
Pool: Y
Pool Description: Gunite, Heated, In Ground, Lighting, Solar Heat, Solar Power Pump, Tile
Private Spa: Y
Furnished: Unfurnished
Windows: Blinds, Double Pane Windows, Shades, Thermal Windows
Parking: Garage Door Opener, Golf Cart Parking, Ground Level, Oversized, Parking Pad, Basement
Garage Description: Y
Attached Garage: Y
Flooring: Laminate, Tile
Roof: Shingle
Heating: Central, Electric
Cooling: Central Air
Fireplace: Y
Security: Smoke Detector(S)
Laundry: Electric Dryer Hookup, Inside, Laundry Room, Upper Level
Pets: Yes
Sewer: Public Sewer
Lot Desc.: Flood Insurance Required, Flood Zone, In County, Landscaped, Paved
Parcel ID: 0081070011
Listing Courtesy Of: Michael Saunders & Company
mauricemenager@michaelsaunders.com
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
Sq Ft: 2,169
($1,222 per
sqft)
Bedrooms: 4
Bathrooms: 3
Partial Baths: 1
City: Sarasota
County: Sarasota
Type: Single Family
Development: Siesta Beach
Acres: 0.1700
Year Built: 1984
Listing Number: A4711626
Status Code: A-Active
Taxes: $12,149.85
Tax Year: 2025
Garage:
Y
Furnishings: Unfurnished
Pets Allowed: Yes
Interior Features:
Built-in Features
Cathedral Ceiling(s)
Ceiling Fans(s)
Eat-in Kitchen
Elevator
High Ceilings
Living Room/Dining Room Combo
Open Floorplan
Primary Bedroom Main Floor
Primary Bedroom Upstairs
Solid Surface Counters
Split Bedroom
Stone Counters
Thermostat
Vaulted Ceiling(s)
Walk-In Closet(s)
Window Treatments
Financial Information:
Taxes: $12,149.85
Tax Year: 2025
Exterior Features:
Garden
Lighting
Permeable Paving
Equipment:
Bar Fridge
Built-In Oven
Convection Oven
Cooktop
Dishwasher
Disposal
Dryer
Electric Water Heater
Microwave
Refrigerator
Washer
View:
Pool
Water
Waterfront Description:
Canal - Saltwater
Bridges - Fixed
Lift
No Wake Zone
Seawall - Concrete
Seawall - Other
Grand Canal
View: Canal
School Information:
Elementary School: Phillippi Shores Elementary
Middle School: Brookside Middle
Junior High: Brookside Middle
High School: Sarasota High
Additional Information:
Building Description: Florida
MLS Area: 34242 - Sarasota/Crescent Beach/Siesta Key
Total Square Footage: 4,827
Price per Square Feet: $1,221.76
Total Floors: 1
Water: Public
Construction: Concrete, Stucco, Frame
Date Listed: 2026-11-03 00:00:00
Pool: Y
Pool Description: Gunite, Heated, In Ground, Lighting, Solar Heat, Solar Power Pump, Tile
Private Spa: Y
Furnished: Unfurnished
Windows: Blinds, Double Pane Windows, Shades, Thermal Windows
Parking: Garage Door Opener, Golf Cart Parking, Ground Level, Oversized, Parking Pad, Basement
Garage Description: Y
Attached Garage: Y
Flooring: Laminate, Tile
Roof: Shingle
Heating: Central, Electric
Cooling: Central Air
Fireplace: Y
Security: Smoke Detector(S)
Laundry: Electric Dryer Hookup, Inside, Laundry Room, Upper Level
Pets: Yes
Sewer: Public Sewer
Lot Desc.: Flood Insurance Required, Flood Zone, In County, Landscaped, Paved
Parcel ID: 0081070011
Map of 4938 Commonwealth Drive, Sarasota, FL 34242
Listing Courtesy Of: Michael Saunders & Company
mauricemenager@michaelsaunders.com