Florida

4938 COMMONWEALTH DRIVE

SARASOTA , FL 34242

MLS#: A4683758

$3,050,000

Status: Active

Listing number: A4683758

Listing provided by: MICHAEL SAUNDERS & COMPANY

Listing agent phone: None

Last update: a day ago

On site: 15 days ago

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Property

Beds

Full Baths

1/2 Baths

Year Built

1984

Sq.Footage

2,169

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 & Amenities

Interior

Other Interior Features

Built-in Features, Cathedral Ceiling(s), Eat-in Kitchen, Elevator, High Ceilings, Open Floorplan, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s)
Total Bedrooms

4
Bathrooms

3
1/2 Bathrooms

1
Cooling YN

YES
Cooling

Central Air
Fireplace YN

YES
Heating YN

YES
Heating

Central, Electric
Pet friendly

Yes

Exterior

Garage

Yes
Garage spaces

2
Construction Materials

Concrete, Stucco, Frame
Other Exterior Features

Garden, Lighting, Permeable Paving, Dock
Parking

Garage Door Opener, Oversized, Parking Pad, Basement, Attached
Patio and Porch Features

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

Yes
Pool Features

Gunite, Heated, In Ground, Solar Heat, Tile, Private
Waterfront YN

YES
View

Canal, Water, Pool

Area & Lot

Lot Features

Landscaped, Paved, Waterfront
Lot Size(acres)

0.17
Property Type

Residential
Property Sub Type

Single Family Residence
Architectural Style

Florida

Price

Sales Price

$3,050,000
Tax Amount

$12,149.85
Sq. Footage

2, 169
Price/SqFt

$1,406

HOA

Association

No

School District

Elementary School

Phillippi Shores Elementary
Middle School

Brookside Middle
High School

Sarasota High

Property Features

Stories

1
Accessibility Features

Accessible Entrance, Accessible Elevator Installed
Foundation Details

Slab
Ownership

Fee Simple
Senior Community YN

NO
Sewer

Public Sewer
Tax Lot

17
Water Source

Public

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Showing scheduled successfully.

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Location

County

Sarasota

Elementary School

Phillippi Shores Elementary

Middle School

Brookside Middle

High School

Sarasota High

Listing Courtesy of Maurice Menager , MICHAEL SAUNDERS & COMPANY

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FOUNDER

Ashley Baillio

Call Ashley today to schedule a private showing.

(561) 609-2391

franko+southflorida@init.hr

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4938 COMMONWEALTH DRIVE

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Florida

Features & Amenities

Interior

Exterior

Area & Lot

Price

HOA

School District

Property Features

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Mortgage calculator

Listing Courtesy of Maurice Menager , MICHAEL SAUNDERS & COMPANY

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