Search

Nearby Properties

4938 COMMONWEALTH DR,  SARASOTA, FL 34242

MLS# A4683758.  4 beds.  3.5 baths.  Single Family Home.  Active

$12,150 in taxes (2025)

$2,900,000

 

Remarks:

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.

Quick Info:

  • Listing is courtesy Of: MICHAEL SAUNDERS & COMPANY ((941-349-3444))
  • Listing Agent: Maurice Menager ((941-238-8119))
  • Days on yellowkey: 30
  • Property Type: Single Family Home
  • Beds: 4
  • Baths: 3.5
  • Living Area Square Feet: 2169
  • Built 1984
  • Taxes: $12,150 (2025)
  • Garage Spaces: ()
  • Square Feet: 4827
  • Fees: $0
  • Sarasota County
  • Terms: Cash, Conventional
  • Subdivision Info:
  • Occupancy Information: Owner
  • Community:
  • Membership Purchase Required:
  • Development Name:
  • Subdivision Name: SIESTA BEACH
  • Complex Name:

Interior Details:

  • Interior Levels:
  • Stories:
  • Bedroom Description:
  • Master Bathroom Description:
  • Interior Features:
  • Dining Description:
  • Floor:
  • Cooling:
  • Heating:
  • Equipment/Appliances:
  • Other Rooms:
  • Windows Treatment:
  • Cable Available
  • Water Utility:

Exterior/Other Details:

  • Design:
  • Design Description:
  • Guest House Living Area:
  • Guest House Description:
  • Efficiency:
  • Unit Floor Location:
  • Guest House Description:
  • Garage Description:
  • Carport Spaces:
  • Carport Description:
  • Parking Description:
  • Pool Description:
  • Pool Dimensions:
  • Lot:
  • Front Exposure:
  • Exterior Features:
  • Roof Description:
  • Security:
  • Sprinkler:
  • Sewer Description:
  • Miscellaneous:
  • View:
  • Waterfront Front:
  • Waterfront Description:
  • Water Access:

History:

DateListing TypeDays on yellowkeyMLS#EventPrice% Chg$/sqftSource
3/2/2026Sale30A4683758listed for sale$3,050,000-600.7872MLS




Data is updated at least once a week by Sunday nights. Some properties that appear for sale on this web site may subsequently have been sold and may no longer be available. The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. Data can be retrieved from any one of the following MLS’s: Greater Fort Lauderdale REALTORS®, Space Coast Association of REALTORS®, My Florida Regional MLS, Florida Gulf Coast MLS, "©2024 Northeast Florida Multiple Listing Service, Inc. All rights reserved." The properties displayed may not be all of the properties in the MLS’s database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker’s logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors® and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.