4938 Commonwealth Dr, Sarasota, Florida
List Price: $3,050,000
MLS Number: A4683758

  • Status: Active
  • DOM: 21 days
  • Square Feet: 2169
  • Bedrooms: 4
  • Baths: 3
  • Half Baths: 1
  • Garage: 2
  • City: SARASOTA
  • Zip Code: 34242
  • Year Built: 1984
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.

Misc Info

Subdivision: Siesta Beach

Annual Taxes: $12,150

Water Front: Canal Front

Water View: Canal

Water Access: Bay/Harbor, Canal - Brackish, Canal - Saltwater, Intracoastal Waterway

Water Extras: Bridges - Fixed, Lift, No Wake Zone, Seawall - Concrete, Seawall - Other

Lot Size: 0 to less than 1/4

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    Home Features

    Appliances: Bar Fridge, Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer

    Flooring: Laminate, Tile

    Fireplace: Electric, Living Room, Ventless

    Air Conditioning: Central Air

    Exterior: Garden, Lighting, Permeable Paving

    Garage Features: Garage Door Opener, Golf Cart Parking, Ground Level, Oversized, Parking Pad, Basement

    Room Dimensions

    Schools

    • Elementary: Phillippi Shores Elementa
    • High: Sarasota High
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