Properties

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.

Features
: Gunite, Heated, In Ground, Lighting, Solar Heat, Tile, Solar Power Pump
: Central, Electric
: Central Air
: Pool, Water
: Yes
: Covered, Deck, Rear Porch, Side Porch, Wrap Around
: Unfurnished
: Accessible Elevator Installed
: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer, Convection Oven, Cooktop, Built-In Oven, Bar Fridge
: Photovoltaics Seller Owned
: Irrigation System, Lighting, Garden, Permeable Paving
: Living Room, Electric, Ventless
: Laminate, Porcelain Tile
2
: Eating Space In Kitchen, Living Room/dining Room Combo, Open Floorplan, Window Treatments, Walk-in Closet(s), Split Bedroom, Cathedral Ceiling(s), Solid Surface Counters, Stone Counters, Thermostat, Vaulted Ceiling(s), Elevator, Ceiling Fan(s), Primary Bedroom Main Floor, Built-in Features, High Ceilings, Primarybedroom Upstairs
: Laundry Room, Electric Dryer Hookup, Inside, Upper Level
: In County, Flood Insurance Required, Floodzone, Landscaped
: Garage Door Opener, Ground Level, Golf Cart Parking, Oversized, Parking Pad, Under Building
: Shingle
: Smoke Detector(s)
: Public Sewer
: Heated, In Ground
: Electricity Connected, Cable Connected, Public, Underground Utilities, Water Connected, Bb/hs Internet Available
: Canal - Saltwater
Address Map
FL
Sarasota
SARASOTA
34242
4938 COMMONWEALTH DRIVE
1
W83° 26' 46.6''
N27° 16' 49.1''
East
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.
SIESTA BEACH
MLS Addon
: Florida
: Stucco, Concrete, Wood Frame (fsc Certified)
62
Phillippi Shores Elementary
: Slab, Stilt/on Piling
Sarasota High
: Two
281503595
281502395
: Cash, Conventional
Brookside Middle
: Completed
: Street Paved
: No
1
$12,150
2025
: Public
RSF2

Residential For Sale

4938 COMMONWEALTH DRIVE, SARASOTA, Florida 34242

4 Bedrooms
3 Bathrooms
2,169 Sqft
Visits : 43 in 64 days
$2,900,000
Listing ID #A4683758
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : A4683758
Status : Active
Brokerage Name : MICHAEL SAUNDERS & COMPANY
Agent Name : Maurice Menager
Bathrooms Total : 3.5
Price : $2,900,000
Bedrooms : 4
Rooms : 13
Bathrooms : 3
Half Bathrooms : 1
Square Footage : 2,169 Sqft
Year Built : 1984
Lot Size : 0.17 Acre
Building Area : 4,827 Sqft
Property SubType : Single Family Residence
Agent info
Gulf Sands Realty
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Gulf Sands Realtors

Steve Foster

Stevefosterhomes14@gmail.com

Magdalena Carr

Mcarr.FloridaHomes@hotmail.com

Kristen Silver

kristengulfsandsrealty@gmail.com

Karen Macdonald

Floridahousedream@gmail.com