Overview
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About this home
4938 Commonwealth Dr is a 1984-built home in Siesta Beach, Sarasota. Inside you'll find 4 bedrooms, 4 bathrooms, and 2,169 square feet of living space. Listed at $2,650,000 (about $1,222/sqft), 12 days on market. Flood zone AE - confirm flood insurance requirements with your lender.
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!
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The essentials
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Details
Districts can re-zone, so verify directly with the district before relying on these.
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
Price history
Neighborhood
Market insights
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Sample: 90 closed home sales in 34242 over the last 8 months, Stellar MLS. A starting point, not a guarantee.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$2,650,000
$1,222 per sq ft
Beds and baths
4 beds, 4 baths
Size
2,169 sq ft
Time on market
12 days
Year built
1984
Monthly payment
About $16,158/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $12,150 annual tax bill, insurance.
Flood zone
Zone AE
That is a high-risk designation, so a lender will normally require flood insurance. Confirm the current rate before you write an offer.
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