For sale · Active

4938 Commonwealth Drive

Sarasota, FL 34242 · Siesta Beach

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4 beds3.5 baths2,169 sqftbuilt 1984

About this home

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.

The essentials

Status
Active
Property type
Single Family Residence
Year built
1984
Days on market
129
Subdivision
Siesta Beach
County
Sarasota
MLS #
A4683758

Interior

Living area
2,169 sqft
Bedrooms
4
Bathrooms
3.5
Flooring
Laminate, Porcelain Tile
Interior features
Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Eating Space 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
Cooling
Central Air
Heating
Central, Electric

Exterior & lot

Lot size
7,604 Square Feet
Pool
Gunite, Heated, In Ground, Lighting, Solar Heat, Solar Power Pump, Tile
Waterfront
GRAND CANAL
View
Pool, Water
Garage spaces
2
Construction
Concrete, Stucco, Wood Frame (FSC Certified)
Roof
Shingle
Exterior features
Garden, Irrigation System, Lighting, Permeable Paving

Community & costs

Annual taxes
$12,149
Ownership
Fee Simple

Listing courtesy of MICHAEL SAUNDERS & COMPANY · Stellar MLS. This information is believed to be accurate, but without warranty.