FL
Sarasota
SARASOTA
34242
4938 COMMONWEALTH DRIVE
4938 COMMONWEALTH DRIVE, SARASOTA, FL 34242
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Listing Type
Single Family
Listing Status
Active
84
$3,050,000

Home Details for 4938 COMMONWEALTH DRIVE

Price
$3,050,000
Type
Residential
Bedrooms
4
Bathrooms
4.0
Square feet
2054
Year built
1984
Lot size acres
0.17
County
Sarasota
Total rooms
13
Garage
2
Days on site
0
MLS Listing#
A4683758
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

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Property Features
  • House Interior
    • Built-in Features
    • Cathedral Ceiling(s)
    • Eat-in Kitchen
    • Elevator
    • High Ceilings
    • Open Floorplan
    • Stone Counters
    • Vaulted Ceiling(s)
    • Walk-In Closet(s)
  • Parking
    • Electric Vehicle Charging Station(s)
    • Garage Door Opener
    • Oversized
    • Parking Pad
    • Basement
    • Attached
  • Utilities
    • Cable Available
    • Cable Connected
    • Electricity Connected
    • Underground Utilities
    • Water Connected
  • Fire Place
    • Electric
    • Living Room
    • Ventless
  • Heating Information
    • Central
    • Electric
  • Waterfront and Water Access
    • Canal Front
  • Cooling Information
    • Central Air
  • Water Features
    • Public
  • Garage
    • 1
School Information
School Information for 4938 COMMONWEALTH DRIVE, SARASOTA, FL 34242
Elementary School
Phillippi Shores Elementary
Middle School
Brookside Middle
High School
Sarasota High
Listing Courtesy: MICHAEL SAUNDERS & COMPANY - 941-349-3444
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright ©2026 MLS GRID. All Rights Reserved.
Last Updated: 2026-03-02 15:40:17
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EXIT KING REALTY
3900 Clark Rd. Unit H3-H4, Sarasota, FL 34233
Office
941 497 6060
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