Active

$2,695,000

Features:
  • 4 Bedrooms
  • 4 Bathrooms
  • 2169 sq ft
Overview
  • ID: MFRA4683758
  • Bedrooms: 4
  • Bathrooms: 4
  • Size: 2169 sq ft
Property Details
Remarks
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.
Financial Considerations
Price:
$2,695,000
HOA Fee:
N/A
Tax Amount:
$12149.85
Price per SqFt:
$1242.51
Tax Legal Description:
LOT 17 & TH N 10 FT OF LOT 18 BLK 22 SIESTA BEACH
Exterior Features
Lot Size:
7604
Lot Features:
Flood Insurance Required, FloodZone, In County, Landscaped, Paved
Waterfront:
Yes
Parking Spaces:
N/A
Parking:
Garage Door Opener, Golf Cart Parking, Ground Level, Oversized, Parking Pad, Basement
Roof:
Shingle
Pool:
Yes
Pool Features:
Gunite, Heated, In Ground, Lighting, Solar Heat, Solar Power Pump, Tile
Interior Features
Bedrooms:
4
Bathrooms:
4
Heating:
Central, Electric
Cooling:
Central Air
Appliances:
Bar Fridge, Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
Furnished:
Yes
Floor:
Laminate, Tile
Levels:
Two
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
1984
Construction Type:
Concrete, Stucco, Frame
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
East
Pets Allowed:
Yes
Special Condition:
None
Additional Features:
Garden, Lighting, Permeable Paving
Additional Features 2:
Sarasota County guidelines
Map
  • Address
    4938 COMMONWEALTH DR
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