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Property for sale at 522 COMMONWEALTH LANE, SARASOTA, FL, 34242

522 Commonwealth LaneSarasota, FL, 34242

3beds
3baths
1,990sqft
Single Family Residence
Built in 1979
$1,350,000
Sold
Price per sqft
$678
Sold on
Jul 31, 2026
MLS #A4696439Updated Jul 31, 2026

About this property

Rare Grand Canal redevelopment opportunity on Siesta Key, offered at land value. This estate-sale homesite delivers approximately 168 feet of water frontage, among the most generous on the Grand Canal, along one of the canal's widest, most open stretches, with long water views and exceptional ease of egress. Boaters enjoy quick passage to the Intracoastal Waterway and on to the Gulf, with the bridge just minutes away. On a peaceful cul-de-sac, the site pairs privacy with proximity, with a short bike ride to the powdery white sand of top-rated Siesta Key Beach. Build anew and capture full water views or renovate to your vision. While the primary value is the exceptional lot, according to the seller, water has not intruded the interior of the existing home. Sold at land value, buyer to perform all due diligence. Opportunities of this width, frontage and location on the Grand Canal are exceedingly rare.

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Property details

Property type
Single Family Residence
Street address
522 Commonwealth Lane
City
Sarasota
State
FL
ZIP code
34242
Year built
1979
New construction
No
Attached property
No
Faces
Northeast
Rooms
10
Living area
1,990 sqft
Total building area
3,028 sqft
Architectural style
Mediterranean
Levels
One

Stellar MLSThe data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of Stellar MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; the availability of any listing should always be independently verified. Listing information is provided for consumers' personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.Stellar (MFR) data last updated at November 7, 2026 at 7:00 PM EST

Price & sale history

EventPrice
SoldMLS #A4696439$1,350,000
Listed for saleMLS #A4696439$1,350,000
History may be incomplete.
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Location

Property for sale at 522 COMMONWEALTH LANE, SARASOTA, FL, 34242
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