4938 Commonwealth Drive, Sarasota, FL 34242
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Priced at Only: $3,050,000
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Address: 4938 Commonwealth Drive, Sarasota, FL 34242
Property Location and Similar Properties
- MLS#: A4683758 ( Residential )
- Street Address: 4938 Commonwealth Drive
- Viewed: 1
- Price: $3,050,000
- Price sqft: $632
- Waterfront: Yes
- Wateraccess: Yes
- Waterfront Type: BayAccess,CanalFront
- Year Built: 1984
- Bldg sqft: 4827
- Bedrooms: 4
- Total Baths: 4
- Full Baths: 3
- 1/2 Baths: 1
- Garage / Parking Spaces: 2
- Additional Information
- Geolocation: 27.2803 / -82.5537
- County: SARASOTA
- City: Sarasota
- Zipcode: 34242
- Subdivision: Siesta Beach
- Elementary School: Phillippi Shores
- Middle School: Brookside
- High School: Sarasota
- Provided by: MICHAEL SAUNDERS & COMPANY
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DescriptionExperience the pinnacle of waterfront luxury on Siesta Keys 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 deckingcreating 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 homes 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 bathideal 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.
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Building and Construction
- Covered Spaces: 0.00
- Exterior Features: Garden, SprinklerIrrigation, Lighting, PermeablePaving
- Flooring: Laminate, PorcelainTile
- Living Area: 2169.00
- Roof: Shingle
Property Information
- Property Condition: NewConstruction
Land Information
- Lot Features: FloodZone, OutsideCityLimits, Landscaped
School Information
- High School: Sarasota High
- Middle School: Brookside Middle
- School Elementary: Phillippi Shores Elementary
Garage and Parking
- Garage Spaces: 2.00
- Open Parking Spaces: 0.00
- Parking Features: Covered, Garage, GolfCartGarage, GarageDoorOpener, Oversized, ParkingPad
Eco-Communities
- Pool Features: Gunite, Heated, InGround, SolarHeat, Tile
- Water Source: Public
Utilities
- Carport Spaces: 0.00
- Cooling: CentralAir, CeilingFans
- Heating: Central, Electric
- Pets Allowed: Yes
- Sewer: PublicSewer
- Utilities: CableConnected, ElectricityConnected, HighSpeedInternetAvailable, MunicipalUtilities, UndergroundUtilities, WaterConnected
Finance and Tax Information
- Home Owners Association Fee: 0.00
- Insurance Expense: 0.00
- Net Operating Income: 0.00
- Other Expense: 0.00
- Pet Deposit: 0.00
- Security Deposit: 0.00
- Tax Year: 2025
- Trash Expense: 0.00
Other Features
- Accessibility Features: AccessibleElevatorInstalled
- Appliances: BarFridge, BuiltInOven, ConvectionOven, Cooktop, Dryer, Dishwasher, ElectricWaterHeater, Disposal, Microwave, Refrigerator, Washer
- Country: US
- Interior Features: BuiltInFeatures, CeilingFans, CathedralCeilings, EatInKitchen, Elevator, HighCeilings, LivingDiningRoom, MainLevelPrimary, OpenFloorplan, StoneCounters, SplitBedrooms, SolidSurfaceCounters, UpperLevelPrimary, VaultedCeilings, WalkInClosets, WindowTreatments
- Legal Description: LOT 17 & TH N 10 FT OF LOT 18 BLK 22 SIESTA BEACH
- Levels: Two
- Area Major: 34242 - Sarasota/Crescent Beach/Siesta Key
- Occupant Type: Owner
- Parcel Number: 0081070011
- Style: Florida
- The Range: 0.00
- View: Canal, Pool, Water
- Zoning Code: RSF2
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- Sara Oquendo, REALTOR ®
- Tropic Shores Realty
- Mobile: 352.428.8657
- saraoquendo1972@gmail.com









