Exceptional luxury coastal living on Siesta Key! Positioned on Siesta Key’s Grand Canal with quick access to Sarasota Bay, this fully renovated estate offers the perfect blend of high-end comfort and modern efficiency. Powered by solar panels with battery storage, this eco-conscious home delivers peace of mind and low utility costs. The sprawling open floor plan highlights a newly integrated primary guest suite and seamless indoor-outdoor flow opening to a resort-style heated cocktail pool and spa. A standout feature is the expansive, grandfathered 1,300 sq. ft. bonus space—providing endless possibilities for a game room, home gym, or customized lounge. Complete with high-end boating amenities and located just minutes from world-famous Siesta Key Beach and Village. Move-in ready perfection!
Property Details
Price:
$2,650,000
MLS #:
A4711626
Status:
Active
Beds:
4
Baths:
3.5
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
SIESTA BEACH
Neighborhood:
34242sarasotacrescentbeachsiestakey
Listed Date:
Nov 3, 2026
Finished Sq Ft:
2,169
Total Sq Ft:
4,827
Lot Size:
7,604 sqft / 0.17 acres (approx)
Year Built:
1984
See this Listing
Schools
Elementary School:
Phillippi Shores Elementary
Middle School:
Brookside Middle
High School:
Sarasota High
Interior
Appliances
Bar Fridge, Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
Bathrooms
3 Full Bathrooms, 1 Half Bathroom
Cooling
Central Air
Flooring
Laminate, Porcelain Tile
Heating
Central, Electric
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
Laundry Features
Electric Dryer Hookup, Inside, Laundry Room, Upper Level
Levels
Two
Exterior
Accessibility Features
Accessible Elevator Installed
Architectural Style
Florida
Attached Garage YN
1
Construction Materials
Concrete, Stucco, Wood Frame (FSC Certified)
Direction Faces
East
Exterior Features
Garden, Irrigation System, Lighting, Permeable Paving
Green Energy Efficient
Solar Energy Storage On Site
Lot Features
Flood Insurance Required, FloodZone, In County, Landscaped
Open Parking YN
1
Parking Features
Garage Door Opener, Golf Cart Parking, Ground Level, Oversized, Parking Pad, Under Building
Patio And Porch Features
Covered, Deck, Rear Porch, Side Porch, Wrap Around
Roof
Shingle
Security Features
Smoke Detector(s)
Spa Features
Heated, In Ground
View
Pool, Water
Waterfront Features
Canal – Saltwater
Window Features
Blinds, Double Pane Windows, Shades, Thermal Windows
Financial
Tax Year
2025
Taxes
$12,150
Map
Community
- Address4938 COMMONWEALTH DRIVE SARASOTA FL
- SubdivisionSIESTA BEACH
- CitySARASOTA
- CountySarasota
- Zip Code34242
Market Summary
Current real estate data for Single Family in SARASOTA as of Nov 04, 2026
1,826
Single Family Listed
115
Avg DOM
483
Avg $ / SqFt
$1,451,637
Avg List Price
Property Summary
- Located in the SIESTA BEACH subdivision, 4938 COMMONWEALTH DRIVE SARASOTA FL is a Single Family for sale in SARASOTA, FL, 34242. It is listed for $2,650,000 and features 4 beds, 4 baths, and has approximately 2,169 square feet of living space, and was originally constructed in 1984. The current price per square foot is $1,222. The average price per square foot for Single Family listings in SARASOTA is $483. The average listing price for Single Family in SARASOTA is $1,451,637. To schedule a showing of MLS#a4711626 at 4938 COMMONWEALTH DRIVE in SARASOTA, FL, contact your CENTURY 21 Carioti agent at 2392986550.
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Courtesy of MICHAEL SAUNDERS & COMPANY. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Orlando/Tampa – FL. All rights reserved. 4938 COMMONWEALTH DRIVE
SARASOTA, FL