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4938 Commonwealth Drive
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PRICED AT ONLY: $3,050,000

Address: 4938 Commonwealth Drive, Sarasota, FL 34242

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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Green Listing
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  • MLS#: A4683758 ( Residential )
  • Street Address: 4938 Commonwealth Drive
  • Viewed: 6
  • Price: $3,050,000
  • Price sqft: $632
  • Waterfront: Yes
  • Wateraccess: Yes
  • Waterfront Type: BayAccess,CanalFront
  • 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: 1

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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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Garden, SprinklerIrrigation, Lighting, PermeablePaving
  • Flooring: Laminate, PorcelainTile
  • Living Area: 2169.00
  • Roof: Shingle
Property Information
  • Property Condition: NewConstruction
Land Information
  • Lot Features: FloodZone, OutsideCityLimits, Landscaped
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: Covered, Garage, GolfCartGarage, GarageDoorOpener, Oversized, ParkingPad
Eco-Communities
  • Pool Features: Gunite, Heated, InGround, SolarHeat, Tile
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: CentralAir, CeilingFans
  • Heating: Central, Electric
  • Pets Allowed: Yes
  • Sewer: PublicSewer
  • Utilities: CableConnected, ElectricityConnected, HighSpeedInternetAvailable, MunicipalUtilities, UndergroundUtilities, WaterConnected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Pet Deposit: 0.00
  • Security Deposit: 0.00
  • Tax Year: 2025
  • Trash Expense: 0.00
Other Features
  • Accessibility Features: AccessibleElevatorInstalled
  • Appliances: BarFridge, BuiltInOven, ConvectionOven, Cooktop, Dryer, Dishwasher, ElectricWaterHeater, Disposal, Microwave, Refrigerator, Washer
  • Country: US
  • Interior Features: BuiltInFeatures, CeilingFans, CathedralCeilings, EatInKitchen, Elevator, HighCeilings, LivingDiningRoom, MainLevelPrimary, OpenFloorplan, StoneCounters, SplitBedrooms, SolidSurfaceCounters, UpperLevelPrimary, VaultedCeilings, WalkInClosets, WindowTreatments
  • 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
  • The Range: 0.00
  • View: Canal, Pool, Water
  • Zoning Code: RSF2
Nearby Subdivisions
0073 Siesta Rev Plat Of   29 Beach Land Condominium   Aloha Kai Apts   Archibald Resub   Bay Island   Bay Island Park   Bay Island Shores   Beach Club At Siesta Key   Cocoanut Bayou   Contntls Sea Club 2 P1   Crescent Arms   Crystal Sands 1   Gulfmead Estates   Hamilton Club   Harmony Sub   Heron Lagoon Lodges   Hidden Harbor   Hidden Harbor Add   Horizons West   Island House   Lake Rittwood   Lands End   Mangroves Sub The   Mira Mar Beach   Mira Mar Sub   No Subdivision Sarasota County   Not Applicable   Ocean Beach   Ocean Beach Rep   Point O Rocks Terrace Add   Point Of Rocks Sub   Point Of Rocks Terrace   Polynesian Gardens   Princes Gate   Riegels Landing   Roberts Point   Roberts Point 2   Royal Palm Harbor   Sanderling Club   Sanderling Club Siesta Key   Sandy Hook   Sara Sands   Sarasota Beach   Secluded Harbour 02   Siesta Beach   Siesta Cove Sub   Siesta Es Boyds Rep   Siesta Isles   Siesta Key   Siesta Key Bay Island   Siesta Manor Sec 1   Siesta Manor Sec 2   Siesta Manor Sec 3   Siesta Properties Inc   Siesta Propertiesthe Sanderlin   Siesta Rev Of   Siesta Rev Plat Of   Siesta Rev Resub   Siestas Bayside   Siestas Bayside Bayside Club 0   Siestas Bayside Waterside East   Siestas Bayside Waterside Sout   Siestas Bayside Waterside Wood   South Cocoanut Bayou   Stickney Point Sub   Tortoise Estates   Vista Hermosa   Watersidewood Siestas Baysid   Whispering Sands   Whispering Sands Sec 5   White Beach Fruit Co Prop   White Beach Fruit Companys Su  
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