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$3,050,000

4938 Commonwealth Drive Sarasota, FL 34242 Residential - Single Family Active

  • 4938 Commonwealth Drive, Sarasota, FL 34242 Main Photo

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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.

Property Highlights

Property Type: Residential - Single Family
Cooling: Central Air
Garage: 2 car attached
Heating: Central, Electric
Home Style: Florida
Lot Size: 0.17 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $12,149
Year Built: 1984

General Information

Bedrooms: 4
Bathrooms: 3 Full 1 Half
Sqft: 2,169
County: Sarasota
High School: Sarasota High
Subdivision: SIESTA BEACH
Listed By:
Maurice Menager MICHAEL SAUNDERS & COMPANY 941-349-3444

Amenities

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
Garden
Lighting
Permeable Paving

Room Information

Foyer: 12x11
Great Room: 21x30
Kitchen: 10x21
Laundry: 8x8
Primary Bedroom: 13x29
Bedroom 2: 13x13
Bedroom 3: 12x13
Bathroom 1: 9x11
Family Room: 19x30
Additional Bedroom: 12x26
Foyer: 8x12
Balcony/Porch/Lanai: 10x21
Balcony/Porch/Lanai: 26x45

Property Features

Accessibility Features: Accessible Elevator Installed
Additional Rooms: Bonus Room, Family Room, Great Room, Inside Utility, Media Room
Appliances: Bar Fridge, Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
Body of Water: GRAND CANAL
Directions: From the Siesta Key Bridge turn left onto MPR at the Higel light. Turn right on the first Commonwealth Drive after crossing the Grand Canal Bridge. Property down on the right. Vacant lot beside it that can be used for additional road parking.
Energy Efficient: Solar Energy Storage On Site
Exterior: Concrete, Stucco, Frame
Fireplace: Electric, Living Room, Ventless
Fireplace Y/N: Yes
Flood Zone Code: AE
Flooring: Laminate, Tile
Foundation: Slab, Stilt/On Piling
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot: Flood Insurance Required, FloodZone, In County, Landscaped, Paved
Lot Dimensions: 0.17
Other Equipment: Irrigation Equipment, Permeable Paving
Ownership: Fee Simple
Parking: Garage Door Opener, Golf Cart Parking, Ground Level, Oversized, Parking Pad, Basement
Parking Notes: Garage Door Opener, Golf Cart Parking, Ground Level,
Patio/Porch: Covered, Deck, Rear Porch, Side Porch, Wrap Around
Pets Allowed: Yes
Pool: Gunite, Heated, In Ground, Lighting, Solar Heat, Solar Power Pump, Tile
Property Attached Y/N: No
Property Sub-Type: Single Family Residence
Security: Smoke Detector(s)
Sewer: Public Sewer
Showing Instructions: Appointment Only, Call Listing Agent, Listing Agent Must Accompany, ShowingTime
Spa: Heated, In Ground
Special Sale Provisions: None
Special View Info: Water
Swimming Pool: Yes
Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Public, Underground Utilities, Water Connected
Vegetation: Trees/Landscaped
Water: Public
Water Access: Bay/Harbor, Canal - Brackish, Canal - Saltwater, Intracoastal Waterway
Water Access Y/N: Yes
Waterfront Features: Canal Front, Bridges - Fixed, Lift, No Wake Zone, Seawall - Concrete, Seawall - Other
Water View: Canal
Windows: Blinds, Double Pane Windows, Shades, Thermal Windows
Zoning: RSF2
$3,050,000
4beds
3.5baths
2,169sqft
2cars
New to the Market Active
BEDS4 BATHS3 full 1 partial SQUARE FEET2,169 MLS#A4683758
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONSIESTA BEACH

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4938 Commonwealth Drive, Sarasota, FL 34242.

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Estimated Payment

$ 12,189.14 per month $10,287.14 Principal & Interest $1,012.42 Property Tax $889.58 Homeowner's Insurance

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About this area

Florida/Sarasota
Sarasota

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About Sarasota

Sarasota, FL is a cultural gem. Once home to the Ringling Brothers Circus, Sarasota boasts a rich arts scene that brings people from all over the area to enjoy world-class theater, music, and other performing arts. Sarasota is also a haven with spectacular scenery, turquoise water and white sandy beaches. It offers a delightful downtown with a variety of small boutiques and exceptional restaurants. With its dynamic culture and arts scene and incredible natural beauty, Sarasota is a wonderful place to call “home.” 

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