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$2,650,000
New Listing

4938 COMMONWEALTH DRIVE
SARASOTA, FL 34242

For Sale|Single Family Residence|Active
4
Beds
4
Total Baths
3
Full Baths
1
Partial Bath
2,169
SqFt
$1,222
/SqFt
1984
Built
Subdivision:
SIESTA BEACH
County:
Sarasota

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4938 COMMONWEALTH DRIVE4938 COMMONWEALTH DRIVE4938 COMMONWEALTH DRIVE4938 COMMONWEALTH DRIVE
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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!

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Listing Snapshot
Price 
$2,650,000
Days On Site 
0 Days
Bedrooms 
4
Inside Area (SqFt) 
2,169 sqft
Total Baths 
4
Full Baths 
3
Partial Baths 
1
Lot Size 
0.17 Acres
Year Built 
1984
MLS Number 
A4711626
Status 
Active
Property Tax 
$12,149.85
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Appraiser
Friends & Family
React
Invite
Recent Activity
58 minutes agoListing updated with changes from the MLS
4 hours agoListing first seen on site
General Features
Acres 
0.17
Attached Garage 
Yes
Direction Faces 
East
Energy Features 
Solar
Foundation 
Slab
Garage 
Yes
Levels 
Two
Number Of Stories 
1
Parking 
Garage Door OpenerOversizedParking PadBasementAttached
Pets 
Yes
Property Sub Type 
Single Family Residence
Security 
Smoke Detector(s)
Sewer 
Public Sewer
SqFt Total 
4827
Style 
Florida
Utilities 
Cable AvailableCable ConnectedElectricity ConnectedUnderground UtilitiesWater Connected
Water Source 
Public
Zoning 
RSF2
Interior Features
Appliances 
Bar FridgeConvection OvenCooktopDishwasherDisposalDryerElectric Water HeaterMicrowaveRefrigeratorWasher
Cooling 
Central Air
Fireplace 
Yes
Fireplace Features 
ElectricLiving RoomVentless
Flooring 
LaminateTile
Furnished 
Unfurnished
Heating 
CentralElectric
Interior 
Built-in FeaturesCathedral Ceiling(s)Eat-in KitchenElevatorHigh CeilingsOpen FloorplanStone CountersVaulted Ceiling(s)Walk-In Closet(s)
Laundry Features 
Electric Dryer HookupInsideLaundry RoomUpper Level
Spa 
Yes
Window Features 
BlindsDouble Pane Windows
Additional Bedroom 
Dimensions - 12x26Level - FirstFeatures - Ceiling Fan(s)
Balcony/Porch/Lanai 
Dimensions - 26x45Level - First
Bathroom 1 
Dimensions - 9x11Level - Second
Bedroom 2 
Dimensions - 13x13Level - Second
Bedroom 3 
Dimensions - 12x13Level - Second
Family Room 
Dimensions - 19x30Level - FirstFeatures - Bar
Foyer 
Dimensions - 8x12Level - First
Great Room 
Dimensions - 21x30Level - Second
Kitchen 
Dimensions - 10x21Level - SecondFeatures - Breakfast Bar, Stone Counters
Laundry 
Dimensions - 8x8Level - Second
Master Bedroom 
Dimensions - 13x29Level - SecondFeatures - Double Vanity
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Exterior Features
Construction Details 
ConcreteStuccoFrame
Exterior 
GardenLightingPermeable PavingDock
Lot Features 
LandscapedPavedWaterfront
Patio And Porch 
CoveredDeckRear PorchSide PorchWrap Around
Pool Features 
GuniteHeatedIn GroundSolar HeatTilePrivate
Private Pool 
Yes
Roof 
Shingle
Spa 
Yes
Spa Features 
HeatedIn Ground
View 
CanalWaterPool
Waterfront 
Yes
Waterfront Features 
Canal Front
Waterview 
CanalWaterPool
Windows/Doors 
BlindsDouble Pane Windows
Community Features
Accessibility Features 
Accessible EntranceAccessible Elevator Installed
MLS Area 
34242 - Sarasota/Crescent Beach/Siesta Key
Township 
37S
Financing Terms Available 
CashConventional
Roads 
Asphalt
Schools
School District
Unknown
Elementary School
Phillippi Shores Elementary
Middle School
Brookside Middle
High School
Sarasota High
Listing courtesy of MICHAEL SAUNDERS & COMPANY (941) 238-8119



Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.
Last checked: 2026-11-03 01:32 PM EST

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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