by Global Lifestyle Properties

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Siesta Key 34242 Siesta Beach
4922 COMMONWEALTH DRIVE
$1,795,000
● House - In Contract

4922 COMMONWEALTH DRIVE

SARASOTA, FL 34242
bedrooms
4 Beds
bathrooms
4 Baths
square feet
2,767 Ft²
$9,358
Est. Monthly

About This Property

Welcome your Siesta Key dream home Commonwealth Drive, a stunning custom residence located directly on the Grand Canal. This four bedroom, four bathroom home exudes island style and warmth from the moment you see it. The Key West style build has a concrete base level, hardy plank cement siding, and a standing seam metal roof. The main living areas all give way to sunny and palm-lined views of pool deck with saltwater canal in the background. The open living areas on the main level feature hardwood flooring, a gas built-in fireplace, built-in shelving, and lots of windows to enjoy the view. The primary suite features lots of space, dual walk-in and an upper level balcony with incredible views. There's a second larger suite with sitting area to make guests feel at home, and two more bedrooms for the ultimate in flexibility. This home is truly all about the location- want to go paddleboarding or out on your kayaks? Right in the back yard. The beach is just a few blocks away and the northern Siesta Key location gives easy access to downtown Sarasota and beyond. If you're looking for the perfect combination of space, privacy, convenience, and of course a little sand between your toes- this may be the perfect home for you. Boaters will also love this Grand Canal location, with only one large fixed bridge and easy access to Sarasota Bay. Don't hesitate, schedule your showing of this fine home today!
Unit Size
2,767 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$649
Property Type
House
Property Taxes
$544
HOA Dues
-
Year Built
1995

Listed By

Drew Russell
MICHAEL SAUNDERS & COMPANY

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Last updated: 6 months ago (Stellar MLS #A4666313)

Price History

Date / Event Date Event Price
Apr 15, 2026 In contract -
In contract
Apr 13, 2026 No longer available -
No longer available
Feb 28, 2026 Relisted $1,795,000
Relisted
Feb 27, 2026 No longer available -
No longer available
Sep 26, 2025 Listed by MICHAEL SAUNDERS & COMPANY $1,795,000
Listed by MICHAEL SAUNDERS & COMPANY
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Property Highlights

Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Driveway
Garage Spaces: 2
Interior Details
Full Bathrooms: 4
Interior Features: Built-in Features, Ceiling Fan(s), Crown Molding, High Ceilings, Stone Counters, PrimaryBedroom Upstairs, Solid Surface Counters, Solid Wood Cabinets
Appliances: Cooktop, Dishwasher, Disposal, Dryer, Refrigerator, Washer
Flooring Type: Carpet, Tile, Hardwood
Door Features: French Doors
Laundry Features: Inside, Laundry Room
Rooms: 8
Has Fireplace
Fireplace Features: Gas
Exterior Details
Square Footage: 2767
Square Footage Source: $0
Security Features: Closed Circuit Camera(s)
Property Condition: Completed
Architectural Style: Key West
Year Built: 1995
Waterfront Features: Canal Access
Waterbody Name: GRAND CANAL
Building Area Total: 3580
Levels: Two
Building Area Units: Square Feet
Window Features: Window Treatments
Construction Materials: Block, Cement Siding
Patio and Porch Features: Deck, Enclosed, Front Porch, Rear Porch, Screened
Pool Features: Gunite
Pool is Private
Lot Features: FloodZone
Lot Size Area: 5732
Lot Size Units: Square Feet
Lot Size Acres: 0.13
Lot Size Square Feet: 5732
Tax Lot: 11
Water Source: Public
Financial Details
Tax Annual Amount: $6,523
Lease Considered: Yes
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Electric
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 1
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 5
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 532
  • Parking Space Count: 2
  • Patio Type: 5
  • Porch Type: 111
  • Pool Type: 8
  • Location Influence Type: 27

    Dimensions

  • Lot Size Square Feet: 5,732
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 500
  • Total Building Area: 3,299
  • Gross Building Area: 3,418
  • Building Area: 2,767
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,767
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SIESTA BEACH
  • Land Acres: 0000000132
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: BEG AT COMMON COR OF LOTS 11 & 12 ON SWLY R/W OF COMMONWEALTH DR TH SELY ALG CURV OF R/W 34.35 FT TH S-61-30-21-W 134.75 FT TH NWLY ALG CURV TO LEFT 50.07 FT TH N-61-30-21-E 135.96 FT TH SELY ALG

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: L018 W190 A055
  • Census Tract: 001904

Zoning

  • Zoning: RSF2

Geography

  • Assessors Map Reference: 28A
  • Account Number: 0081070016
  • Subdivision Tract Number: 396
  • Parcel: 0081-07-0016
  • Block: 22
  • Lot: 11,12
  • Meridian: SEC 12 TWN 37S RNG 17E
  • Municipality: SARASOTA COUNTY
  • Latitude: 27.281
  • Longitude: -82.5541

    Address

  • Full Address: 4922 Commonwealth Dr
  • Address - House Number: 4922
  • Address - Street Name: Commonwealth
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Sarasota
  • Carrier Code: C095
  • 4-Digit Zip Code: 1422
  • Zip Code: 34242

Valuation

    Tax

  • Total Area: 3,580
  • Tax Year: 2023
  • Tax Amount: $639,105
  • Tax Rate Code Area: 1892

    Appraisal Valuation

  • Standard Deviation: 0.1754
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 77
  • Final Value: 2,001,423
  • High Value: 2,352,669
  • Low Value: 1,650,177

    Market Valuation

  • Market Total Value: $1,272,600
  • Market Land Value: $659,400
  • Market Improvement Value: $613,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $524,926

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 18, 2013
  • Current Sale Recording Date: Jul 08, 2013
  • Current Sale Price:
  • Current Sale Document Type: 40
  • Current Sale Input Document Number: 2013094628
  • Previous Sale Recording Date: Jul 03, 1995
  • Previous Sale Contract Date: Jun 30, 1995
  • Previous Sale Amount: $413,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Siesta Beach


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Frequently Asked Questions

When was property at 4922 Commonwealth Drive built and last sold?
The property at 4922 Commonwealth Drive was built in 1995 and last sold on Jun 18, 2013 for $34,000.
How much is this home worth?
The estimated value of the home located at 4922 Commonwealth Drive is $1,847,275.
What are some comparable homes to 4922 Commonwealth Drive?
There are currently no comparable homes to 4922 Commonwealth Drive.