BEDS4
BATHS3 full 1 partial
SQUARE FEET2,169
MLS#A4683758
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONSIESTA BEACH
Property Description
Experience the pinnacle of waterfront luxury on Siesta Key's prestigious Grand Canal. This meticulously reimagined residence at 4938 Commonwealth Drive offers a rare blend of modern sophistication, structural integrity, and complete peace of mind. Extensively transformed both structurally and aesthetically, the home welcomes you into an expansive open-concept design filled with natural light. The newly expanded kitchen serves as the heart of the home, offering abundant cabinetry and storage, a double oven, generous pantry storage, striking custom beam detail, an open breakfast bar, and direct access to the wraparound decking-creating seamless indoor-outdoor living and effortless entertaining. A stylish powder room has also been thoughtfully added. New hurricane-impact windows and sliding glass doors frame the interiors, while designer flooring flows beautifully throughout both levels. Major system upgrades elevate the home's value and efficiency, including a brand-new roof and a comprehensive solar power system with battery storage. A fresh, contemporary interior palette enhances the clean architectural lines and airy coastal feel. The lower level adds over 1,300 square feet of legal non-conforming living space with its own private entry, garage access, and elevator connection to the main living areas, leading directly to the pool deck. Redesigned for modern functionality, this space features a spacious family entertainment area, custom bar, and an additional guest suite with a walk-in closet and full bath-ideal for extended family, guests, or a private retreat. Outdoor living is equally impressive. The private backyard sanctuary showcases a heated pool and spa with a new heater and filtration system, sleek updated decking, professional landscaping, and premium artificial turf for effortless maintenance. For the boating enthusiast, the deep-water dock and boat lift provide direct access to the Intracoastal Waterway and open waters of Sarasota Bay, delivering the ultimate waterfront lifestyle.
Property Features
Property Type: Residential - Single Family
Cooling: Central Air
Garage: 2 car attached
Heating: Central, Electric
Home Style: Florida
Lot Size: 0.17 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $12,149
Year Built: 1984
Amenities
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
PrimaryBedroom Upstairs
Solid Surface Counters
Split Bedroom
Stone Counters
Thermostat
Vaulted Ceiling(s)
Walk-In Closet(s)
Window Treatments
Garden
Lighting
Permeable Paving
Feature Descriptions
Accessibility Features: Accessible Elevator Installed
Additional Rooms: Bonus Room, Family Room, Great Room, Inside Utility, Media Room
Appliances: Bar Fridge, Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
Body of Water: GRAND CANAL
Days on Site: 82
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.
Energy Efficient: Solar Energy Storage On Site
Exterior: Concrete, Stucco, Frame
Fireplace: Electric, Living Room, Ventless
Fireplace Y/N: Yes
Flood Zone Code: AE
Flooring: Laminate, Tile
Foundation: Slab, Stilt/On Piling
Frontage Canal Salt: 62
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot: Flood Insurance Required, FloodZone, In County, Landscaped, Paved
Lot Dimensions: 0.17
Other Equipment: Irrigation Equipment, Permeable Paving
Ownership: Fee Simple
Parking: Garage Door Opener, Golf Cart Parking, Ground Level, Oversized, Parking Pad, Basement
Parking Notes: Garage Door Opener, Golf Cart Parking, Ground Level,
Patio/Porch: Covered, Deck, Rear Porch, Side Porch, Wrap Around
Pets Allowed: Yes
Pool: Gunite, Heated, In Ground, Lighting, Solar Heat, Solar Power Pump, Tile
Property Attached Y/N: No
Property Sub-Type: Single Family Residence
Security: Smoke Detector(s)
Sewer: Public Sewer
Showing Instructions: Appointment Only, Call Listing Agent, Listing Agent Must Accompany, ShowingTime
Spa: Heated, In Ground
Special Sale Provisions: None
Special View Info: Water
Swimming Pool: Yes
Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Public, Underground Utilities, Water Connected
Vegetation: Trees/Landscaped
Water: Public
Water Access: Bay/Harbor, Canal - Brackish, Canal - Saltwater, Intracoastal Waterway
Water Access Y/N: Yes
Waterfront Features: Canal - Saltwater, Bridges - Fixed, Lift, No Wake Zone, Seawall - Concrete, Seawall - Other
Water View: Canal
Windows: Blinds, Double Pane Windows, Shades, Thermal Windows
Zoning: RSF2
Room Sizes
Foyer: 12x11
Great Room: 21x30
Kitchen: 10x21
Laundry: 8x8
Primary Bedroom: 13x29
Bedroom 2: 13x13
Bedroom 3: 12x13
Bathroom 1: 9x11
Family Room: 19x30
Additional Bedroom: 12x26
Foyer: 8x12
Balcony/Porch/Lanai: 10x21
Balcony/Porch/Lanai: 26x45
Local Schools
High School: Sarasota High
Middle School: Brookside Middle
Elementary School: Phillippi Shores Elementary
Listed By / Shown By
Listed By
Agency Name: MICHAEL SAUNDERS & COMPANY
Agency Contact: 941-349-3444
Shown By
Agency Title: Adams Cameron & Co. REALTORS
Agency Phone: 386-717-3445
Estimate Your Payment
Estimated Payment
$ 16,142.38 per month $14,343.92 Principal & Interest $1,012.42 Property Tax $786.04 Homeowner's Insurance
4938 Commonwealth Drive | MLS# A4683758
This single family home located at 4938 Commonwealth Drive, Sarasota, FL 34242 is currently listed for sale with an asking price of $2,695,000. This property was built in 1984 and has 4 bedrooms and 3 full and 1 partial baths with 2169 sq. ft. Commonwealth Drive is located in the SIESTA BEACH subdivision. Search SIESTA BEACH real estate on www.adamscameron.com today.