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4938 Commonwealth Drive, SARASOTA, FL 34242
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4938 Commonwealth Drive
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Would you like to sell your home before you purchase this one?
Priced at Only: $3,050,000
For more Information Call:
Address: 4938 Commonwealth Drive, SARASOTA, FL 34242
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  • MLS#: A4683758 ( Residential )
  • Street Address: 4938 Commonwealth Drive
  • Viewed: 1
  • Price: $3,050,000
  • Price sqft: $632
  • Waterfront: Yes
  • Wateraccess: Yes
  • Waterfront Type: Canal - Saltwater
  • Year Built: 1984
  • Bldg sqft: 4827
  • Bedrooms: 4
  • Total Baths: 4
  • Full Baths: 3
  • 1/2 Baths: 1
  • Garage / Parking Spaces: 2
  • Days On Market: 26
  • 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
  • Contact: Maurice Menager
  • 941-349-3444
  • mfrmls
  • DMCA Notice
  • Description
    Experience 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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  •   Principal & Interest -
  •   Property Tax $
  •   Home Insurance $
  •   HOA Fees $
  •   Mortgage Insurance-
  •   Monthly -
Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Garden, Lighting, Permeable Paving
  • Flooring: Laminate, Tile
  • Living Area: 2169.00
  • Roof: Shingle
Property Information
  • Property Condition: Completed
Land Information
  • Lot Features: Flood Insurance Required, FloodZone, In County, Landscaped, Paved
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: Garage Door Opener, Golf Cart Parking, Ground Level, Oversized, Parking Pad, Basement
Eco-Communities
  • Green Energy Efficient: Solar Energy Storage On Site
  • Pool Features: Gunite, Heated, In Ground, Lighting, Solar Heat, Solar Power Pump, Tile
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Heating: Central, Electric
  • Pets Allowed: Yes
  • Sewer: Public Sewer
  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Public, Underground Utilities, Water Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2025
Other Features
  • Accessibility Features: Accessible Elevator Installed
  • Appliances: Bar Fridge, Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • Country: US
  • Furnished: Unfurnished
  • 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
  • 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
  • View: Pool, Water
  • Zoning Code: RSF2
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