4938 COMMONWEALTH DR, Sarasota, FL 34242
4938 COMMONWEALTH DR, Sarasota, FL 34242
4938 COMMONWEALTH DR, Sarasota, FL 34242
4938 COMMONWEALTH DR, Sarasota, FL 34242
4938 COMMONWEALTH DR, Sarasota, FL 34242
4938 COMMONWEALTH DR, Sarasota, FL 34242
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$ 2,695,000
Est. payment | /mo

4 Beds

4 Baths

2,169 SqFt


$ 2,695,000
Est. payment | /mo

4 Beds

4 Baths

2,169 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,169 sqft

Price per Sqft $1,242

Subdivision Siesta Beach

MLS Listing ID A4683758

Bedrooms 4

Full Baths 3

Half Baths 1

Construction Status Completed

HOA Y/N No

Year Built 1984

Annual Tax Amount $12,149

Lot Size 7,405 Sqft

Acres 0.17

Property Sub-Type Single Family Residence

Source Stellar MLS

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.

Location

State FL

County Sarasota

Community Siesta Beach

Area 34242 - Sarasota/Crescent Beach/Siesta Key

Zoning RSF2

Rooms

Other Rooms Bonus Room, Family Room, Great Room, Inside Utility, Media Room

Interior

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

Heating Central, Electric

Cooling Central Air

Flooring Laminate, Tile

Fireplaces Type Electric, Living Room, Ventless

Furnishings Unfurnished

Fireplace true

Appliance Bar Fridge, Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer

Laundry Electric Dryer Hookup, Inside, Laundry Room, Upper Level

Exterior

Exterior Feature Garden, Lighting, Permeable Paving

Parking Features Garage Door Opener, Golf Cart Parking, Ground Level, Oversized, Parking Pad, Basement

Garage Spaces 2.0

Pool Gunite, Heated, In Ground, Lighting, Solar Heat, Solar Power Pump, Tile

Utilities Available BB/HS Internet Available, Cable Connected, Electricity Connected, Public, Underground Utilities, Water Connected

Waterfront Description Canal - Saltwater

View Y/N Yes

Water Access Yes

Water Access Desc Bay/Harbor,Canal - Brackish,Canal - Saltwater,Intracoastal Waterway

View Pool, Water

Roof Type Shingle

Porch Covered, Deck, Rear Porch, Side Porch, Wrap Around

Attached Garage true

Exposure East

Garage true

Private Pool Yes

Building

Lot Description Flood Insurance Required, FloodZone, In County, Landscaped, Paved

Story 1

Entry Level Two

Foundation Slab, Stilt/On Piling

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Architectural Style Florida

Structure Type Concrete,Stucco,Frame

New Construction false

Construction Status Completed

Schools

Elementary Schools Phillippi Shores Elementary

Middle Schools Brookside Middle

High Schools Sarasota High

Others

Pets Allowed Yes

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Stellar MLS
Listed by Maurice Menager MICHAEL SAUNDERS & COMPANY

AROUND THE AREA

Restaurants
Home Services
Health & Medical
Local Services
Shopping
Recreation
Arts & Entertainment
Food
Beauty
Nightlife
Event Planning & Services
Automotive
Religious Organizations
Financial Services
Professional Services
Travel
Education
Pets
Local Media
Local Events & Flavor
  • The Panini Place

    5204 Ocean Blvd, Siesta Key, FL 34242

    Sandwiches Phone: 941-346-7502

  • 3.14 Pi Craft Beer & Spirit

    5263 Ocean Blvd, Siesta Key, FL 34242

    Bars Phone: 941-346-1188

  • Lobster Pot Restaurant

    5157 Ocean Blvd, Sarasota, FL 34242

    Seafood Phone: 941-349-2323

  • Another Broken Egg Cafe

    140 Avenida Messina, Siesta Key, FL 34242

    Cafes Phone: 941-552-8320

  • Big Water Fish Market

    6641 Midnight Pass Rd, Siesta Key, FL 34242

    Seafood Phone: 941-554-8101

  • The Cottage

    153 A venida Messina, Siesta Key, FL 34242

    Tapas/Small Plates Phone: 941-312-9300

  • Bamboo Bistro

    5121 Ocean Blvd, Sarasota, FL 34242

    Phone: 941-552-8312

  • Aaron’s Fish Camp

    149 Avenida Messina, Sarasota, FL 34242

    Barbeque Phone: 941-346-0738

  • The Old Salty Dog

    5023 Ocean Blvd, Sarasota, FL 34242

    Seafood Phone: 941-349-0158

  • Subway

    5239 Ocean Blvd, Sarasota, FL 34242

    Fast Food Phone: 941-349-1955

  • Munchies on the Key

    6639 Midnight Pass Rd, Sarasota, FL 34242

    Pizza Phone: 941-346-2695

  • Turtle Beach Grill

    8865 Midnight Pass Rd, Sarasota, FL 34242

    Salad Phone: 941-349-2280

  • Captain Curt’s Crab & Oyster

    1200 Old Stickney Pt Rd, Sarasota, FL 34242

    Seafood Phone: 941-349-3885

  • Boardwalk Eats and Sweets

    217 Avenida Madera, Siesta Key, FL 34241

    Hot Dogs Phone: 941-346-3287

  • Daiquiri Deck Siesta Key

    5250 Ocean Blvd, Sarasota, FL 34242

    Seafood Phone: 941-349-8697

  • Village Cafe

    5133 Ocean Blvd, Sarasota, FL 34242

    American (Traditional) Phone: 941-349-2822

  • Siesta Key Oyster Bar

    5238 Ocean Blvd, Sarasota, FL 34242

    Seafood Phone: 941-346-5443

  • Napoli’s Italian Restaurant & Pizzeria

    5200 Ocean Blvd, Sarasota, FL 34242

    Italian Phone: 941-346-2452

  • Flavops Italian Resturant

    Beach Rd, Siesta Key, FL 34242

    Italian

  • Bonjour Frenchcafe

    5214 Ocean Blvd, Siesta Key, FL 34242

    Cafes Phone: 941-346-0600

  • Gilligan’s Island Bar & Grill

    5253 Ocean Blvd, Siesta Key, FL 34242

    Music Venues Phone: 941-346-8122

  • Siesta Key Deli

    5263 Ocean Blvd, Siesta Key, FL 34242

    Delis

  • A Taste Of Germany

    6575 Midnight Pass Rd, Sarasota, FL 34242

    German Phone: 941-346-1800

  • Lelu Coffee Lounge

    5251 Ocean Blvd, Sarasota, FL 34242

    Coffee & Tea Phone: 941-346-5358

  • Senor Siesta Restaurant

    5110 Ocean Blvd, Siesta Key, FL 34242

    Spanish Phone: 941-349-0818

  • Subway

    1250 Stickney Point Rd, Sarasota, FL 34242

    Sandwiches Phone: 941-349-3035

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4938 COMMONWEALTH DR

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Griffin Cook
Griffin Cook

Luxury Realtor

+1(513) 960-7448 | thecookgrouptcg@gmail.com

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