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Property for sale at 4938 COMMONWEALTH DRIVE, SARASOTA, FL, 34242
Property for sale at 4938 COMMONWEALTH DRIVE, SARASOTA, FL, 34242
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4938 Commonwealth DriveSarasota, FL, 34242

4beds
4baths
2,169sqft
Single Family Residence
Built in 1984
$2,650,000
For sale
Price per sqft
$1,222
Days on market
4
Listed
Nov 3
MLS #A4711626Updated Nov 6, 2026

About this property

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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Property details

Property type
Single Family Residence
Street address
4938 Commonwealth Drive
City
Sarasota
State
FL
ZIP code
34242
Year built
1984
New construction
No
Attached property
No
Faces
East
Rooms
13
Building stories
1
Living area
2,169 sqft
Total building area
4,827 sqft
Levels
Two

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 3:00 PM EST

Price & sale history

EventPrice
Listed for saleMLS #A4711626$2,650,000
Price changedMLS #A318882$895,000
SoldMLS #A318882$757,500
Listed for saleMLS #A318882$1,195,000
History may be incomplete.
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Location

Property for sale at 4938 COMMONWEALTH DRIVE, SARASOTA, FL, 34242
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