4938 COMMONWEALTH DRIVE, Sarasota, FL 34242

• 4 beds |
• 4 baths |
• 2,169 sqft

Property 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.

Listing Status:

Active

Date Added:

March 2, 2026

Data Last Updated:

March 15, 2026 at 5:23PM

Listing Office:

MICHAEL SAUNDERS & COMPANY : 941-349-3444

Listing Agent:

Maurice Menager : 941-238-8119

MLS ID:

A4683758

Interior

• General: Built-in FeaturesCathedral Ceiling(s)Ceiling Fans(s)Eat-in KitchenElevatorHigh CeilingsLiving Room/Dining Room ComboOpen FloorplanPrimary Bedroom Main FloorPrimaryBedroom UpstairsSolid Surface CountersSplit BedroomStone CountersThermostatVaulted Ceiling(s)Walk-In Closet(s)Window Treatments
• Rooms: Bonus RoomFamily RoomGreat RoomInside UtilityMedia Room
• Appliances: Bar FridgeBuilt-In OvenConvection OvenCooktopDishwasherDisposalDryerElectric Water HeaterMicrowaveRefrigeratorWasher
• Laundry: Electric Dryer HookupInsideLaundry RoomUpper Level
• Flooring: LaminateTile
• A/C: Central Air
• Heating: CentralElectric
• Fireplace: ElectricLiving RoomVentlessFireplace
• Disability Feature: Accessible Elevator Installed
• Eco/Green Feature: Solar Energy Storage On SiteSolar

Exterior

• General: GardenLightingPermeable PavingHeatedIn Ground
• Style: Florida
• Other Structures: Wrap AroundDeckRear PorchSide PorchCovered
• Pool: GuniteHeatedIn GroundLightingSolar HeatSolar Power PumpTile
• Parking: Garage Door OpenerGolf Cart ParkingGround LevelOversizedParking PadBasement

Construction

• Roofing: Shingle
• Windows: BlindsDouble Pane WindowsShadesThermal Windows
• General: ConcreteStuccoFrameTwoSlabStilt/On Piling

Location

• Road/Access: Asphalt
• Originating MLS: Stellar MLS
• County: Sarasota

Lot

• Zoning: RSF2LOT 17 & TH N 10 FT OF LOT 18 BLK 22 SIESTA BEACH0081070011
• View: PoolWater

Utilities

• Utilities: BB/HS Internet AvailableCable ConnectedElectricity ConnectedPublicUnderground UtilitiesWater Connected
• Water: Public
• Sewer: Public Sewer

Financial

• Source: Stellar MLS
• Ownership: Fee Simple