4938 Commonwealth Drive, Sarasota, FL 34242
$3,050,000 - For Sale
Property Details
Price: $3,050,000
Sq Ft: 2,054
($1,485 per sqft)
Bedrooms: 4
Bathrooms: 3
Partial Baths: 1
City:Sarasota
County:Sarasota
Type:Single Family Reside
Development:Siesta Beach
Subdivision:Siesta Beach
Acres:0.17
Virtual Tour/Floorplan:View
Year Built:1984
Listing Number:A4683758
Status Code:A-Active
Taxes:$12.00
Tax Year: 2025
Garage: 2
Furnishings: Unfurnished
Pets Allowed: Yes
Calculate Your Payment
Equipment:
Built-In Oven
Convection Oven
Cooktop
Dishwasher
Disposal
Dryer
Electric Water Heater
Microwave
Refrigerator
Washer
Wine Refrigerator
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
PrimaryBedroom Upstairs
Solid Surface Counters
Split Bedroom
Stone Counters
Thermostat
Vaulted Ceiling(s)
Walk-In Closet(s)
Window Treatments
Exterior Features:
Garden
Lighting
View:
Pool
Water
Waterfront Description:
Canal Front
Financial Information:
Taxes: $12.00
Tax Year: 2025
Room Dimensions:
Laundry: Electric Dryer Hookup, In
School Information:
Elementary School: Phillippi Shores Elementary
Middle School: Brookside Middle
Junior High: Brookside Middle
High School: Sarasota High
Save Property
View Virtual Tour
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
MLS Area: 34242 - Sarasota/Crescent Beach/Siesta Key
Price per Square Feet: $1,484.91
Total Floors: 1
Water: Public
Lot Desc.: Flood Insurance Required, Floodzone, In County, Landscaped, Paved
Construction: Concrete, Stucco, Frame
Date Listed: 2026-03-02 15:18:10
Pool: Yes
Pool Type: Auto Cleaner, Gunite, Heated, In Ground, Lighting, Solar Heat, Solar Power
Private Spa: Yes
Furnished: Unfurnished
Windows: Blinds, Double Pane Windows, Shades, Thermal Windows
Parking: Electric Vehicle Charging Station(S), Garage Door Opener, Golf Cart Parking, Ground Level, Oversized, Parking Pad, Basement
Garage Spaces: 2
Flooring: Laminate, Tile
Roof: Shingle
Heating: Central, Electric
Cooling: Central Air
Pets: Yes
Sewer: Public Sewer
Listing Courtesy Of: Michael Saunders & Company
mauricemenager@michaelsaunders.com
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
Share Property
Additional Information:
MLS Area: 34242 - Sarasota/Crescent Beach/Siesta Key
Price per Square Feet: $1,484.91
Total Floors: 1
Water: Public
Lot Desc.: Flood Insurance Required, Floodzone, In County, Landscaped, Paved
Construction: Concrete, Stucco, Frame
Date Listed: 2026-03-02 15:18:10
Pool: Yes
Pool Type: Auto Cleaner, Gunite, Heated, In Ground, Lighting, Solar Heat, Solar Power
Private Spa: Yes
Furnished: Unfurnished
Windows: Blinds, Double Pane Windows, Shades, Thermal Windows
Parking: Electric Vehicle Charging Station(S), Garage Door Opener, Golf Cart Parking, Ground Level, Oversized, Parking Pad, Basement
Garage Spaces: 2
Flooring: Laminate, Tile
Roof: Shingle
Heating: Central, Electric
Cooling: Central Air
Pets: Yes
Sewer: Public Sewer
Map of 4938 Commonwealth Drive, Sarasota, FL 34242
Listing Courtesy Of: Michael Saunders & Company
mauricemenager@michaelsaunders.com
PRECISE REALTY CORP
Get assistance in determining current property value, crafting a competitive offer, writing and negotiating a contract, and much more. Get in touch today!
Location
2100 Constitution Boulevard
Sarasota, FL 34231
Contact
Jennifer Leblanc, Broker
941-400-0374
IDX information is provided exclusively for consumers’ personal, noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. The data relating to real estate for sale on this Website comes in part from the Broker Reciprocity Program (BR Program) of My Florida Regional MLS DBA Stellar MLS. The source of this real property information is the copyrighted and proprietary database compilation of the My Florida Regional MLS DBA Stellar MLS and © 2026. Information last refreshed: 2026-03-02 23:31:11
Our Web site Accessibility
We are committed to providing an accessible web site. If you have difficulty accessing content, have difficulty viewing a file on the web site, or notice any accessibility problems, please contact us to specify the nature of the accessibility issue and any assistive technology you use. We will strive to provide the content you need in the format you require.
We welcome your suggestions and comments about improving ongoing efforts to increase the accessibility of this web site.