IDX

Listed by Maurice Menager · Courtesy of MICHAEL SAUNDERS & COMPANY · 941-349-3444 · Agent MLS ID# MFR281503595 · Deemed reliable but not guaranteed. · Listing updated: Nov 9, 2026 · 2:06 PM

Active

4938 COMMONWEALTH DR

Sarasota, Sarasota, FL, 34242

$2,650,000

$1,222/sqft

4Beds
4Baths
2,169Sq Ft
1984Built
6Days on Market

About this home

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!

Facts & Features

MFRA4711626
$2,650,000
Active
4
4
3
1
2,169 sqft
0.1700
1984
Residential
Single Family Residence
Florida

Community Information

4938 COMMONWEALTH DR
Siesta Beach
Sarasota
Sarasota
FL
34242
No

Amenities

N/A
N/A
No
Yes
Yes

Interior

Ceiling Fans(s), High Ceilings, Open Floorplan, Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s), Eat-in Kitchen, Cathedral Ceiling(s), Living Room/Dining Room Combo, Stone Counters, Thermostat, Elevator, Window Treatments, Solid Surface Counters, PrimaryBedroom Upstairs, Built-in Features, Primary Bedroom Main Floor
Central, Electric
Central Air
Laminate, Tile
Living Room, Electric, Ventless
1
Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Electric Water Heater, Convection Oven, Bar Fridge

Exterior

Lighting, Garden, Permeable Paving
Stucco, Concrete, Frame
Slab, Stilt/On Piling
Shingle
N/A
In County, Landscaped, Paved, FloodZone, Flood Insurance Required

School Information

Phillippi Shores Elementary
Brookside Middle
Sarasota High

Additional Information

November 3, 2026
6
RSF2
East
No

Mortgage Calculator

$
$
%
Years
Percent per year

This calculator provides estimates for informational purposes only and is not a loan offer, pre-approval, or commitment to lend. Actual rates, payments, and loan terms vary by lender and are subject to credit approval, income/asset verification, and market conditions. Property tax and homeowners insurance shown are estimates and may differ. PMI applies when the down payment is under 20%. For an official Loan Estimate, contact a licensed mortgage lender. MICHAEL SAUNDERS & COMPANY is a licensed real estate brokerage, not a mortgage lender. Equal Housing Opportunity.

6 days on market

Listing updated: Nov 9, 2026 · 2:06 PM

Listed by: Maurice Menager · 941-238-8119—MICHAEL SAUNDERS & COMPANY · 941-349-3444

Updated from Real Estate Market Data

Location

AEAhmed ElbatrawyEmpire Network Realty

Get in Touch

You may also like

Similar Properties

Show More
1747 WALDEMERE ST — home for sale

$1,395,000

1747 waldemere st

2Beds
2Baths
MFRA4712821MLS ID
1,372SqFt

Courtesy of ⁨MICHAEL SAUNDERS & COMPANY⁩

4128 VIA MIRADA — home for sale

$899,000

4128 via mirada

4Beds
3Baths
MFRA4713045MLS ID
3,281SqFt

Courtesy of ⁨PREMIER SOTHEBY'S INTERNATIONAL REALTY⁩

1748 33RD ST — home for sale

$280,000

1748 33rd st

3Beds
1Bath
MFRA4712602MLS ID
1,020SqFt

Courtesy of ⁨ALIGN RIGHT REALTY SRQ OPULENCE⁩