$1,795,000
PENDING $200K PRICE DROP

4922 Commonwealth Dr Sarasota, FL 34242

Estimated payment $10,060/month

Total Views 10,511
4 Beds
4 Baths
2,767 Sq Ft
$649 Price per Sq Ft

Highlights

  • Gunite Pool
  • Canal View
  • Key West Architecture
  • Phillippi Shores Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

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!

Listing Agent

Drew Russell

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-951-6660 License #3108183 Listed on: 11/06/2025

MICHAEL SAUNDERS & COMPANY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,523

Year Built

  • Built in 1995

Lot Details

  • 5,732 Sq Ft Lot
  • Property fronts a saltwater canal
  • East Facing Home
  • Wood Fence
  • Landscaped with Trees
  • Property is zoned RSF2

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Key West Architecture
  • Stem Wall Foundation
  • Metal Roof
  • Cement Siding
  • Block Exterior

Interior Spaces

  • 2,767 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • French Doors
  • Family Room
  • Living Room
  • Dining Room
  • Inside Utility
  • Canal Views
  • Closed Circuit Camera

Kitchen

  • Cooktop
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Gunite Pool
  • Outdoor Shower

Outdoor Features

  • Fixed Bridges
  • Access to Saltwater Canal
  • Seawall
  • Minimum Wake Zone
  • Rip-Rap
  • Dock made with Composite Material
  • Balcony
  • Deck
  • Enclosed Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Location

  • Flood Zone Lot

Schools

  • Phillippi Shores Elementary School
  • Brookside Middle School
  • Sarasota High School

Utilities

  • Central Heating and Cooling System
  • Propane

Community Details

  • No Home Owners Association
  • Siesta Beach Community
  • Siesta Beach Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,523

Year Built

Built in 1995

Lot Details

5,732 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Key West
  • Construction Materials: Block, Cement Siding
  • Fireplace: Yes
  • Living Area: 2767
  • Lot Size Acres: 0.13
  • New Construction: No
  • Year Built: 1995
  • Building Area Total: 3580
  • Lot Size Sq Ft: 5732
  • Status: Pending
  • Ownership: Fee Simple
  • Building Area Total Srch Sq M: 332.59
  • Escrow State: FL
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 648.72
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 1
  • MFR_InLawSuiteYN: 0
  • MFR_DockDescription: Dock - Composite
  • MFR_DockYN: 1
  • Attribution Contact: 941-951-6660
  • Tax Year: 2025
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Gas
  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile, Wood
  • Full Bathrooms: 4
  • Interior Amenities: Built-in Features, Ceiling Fans(s), Crown Molding, High Ceilings, PrimaryBedroom Upstairs, Solid Surface Counters, Solid Wood Cabinets, Stone Counters
  • Appliances Included: Cooktop, Dishwasher, Disposal, Dryer, Refrigerator, Washer
  • Foundation Details: Stem Wall
  • Total Bedrooms: 4
  • Levels: Two
  • Spa Yn: No
  • Stories: 2
  • Window Features: Window Treatments
  • Additional Rooms: Family Room,Inside Utility
  • Living Area Meters: 257.06

Exterior Features

  • Direction Faces: East
  • Pool Features: Gunite
  • Exterior Features: Balcony, French Doors, Lighting, Outdoor Shower, Rain Gutters
  • Roof: Metal
  • Pool Private: Yes
  • Water Body Name: GRAND CANAL
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Enclosed, Front Porch, Rear Porch, Screened
  • Road Surface Type: Asphalt
  • Water Access: Canal - Saltwater
  • Water Extras: Bridges - Fixed,Minimum Wake Zone,Riprap,Seawall - Concrete
  • Water View: Canal
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway

Utilities

  • Utilities: Electricity Connected, Propane
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Security: Closed Circuit Camera(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Pet Restrictions: Per County Code

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: Phillippi Shores Elementary
  • High School: Sarasota High
  • Middle Or Junior School: Brookside Middle

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0081070016
  • Additional Parcels: No
  • Fencing: Wood
  • Lot Features: FloodZone, Paved
  • Flood Zone Code: AE

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Per County Code

Tax Info

  • Tax Annual Amount: 6523.4
  • Tax Block: 22
  • Tax Book Number: 1037-423
  • Tax Lot: 11

Multi Family

  • Waterfront Features: Canal - Saltwater

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,622 $556,354 -- --
2024 $6,391 $540,674 -- --
2023 $6,391 $524,926 $0 $0
2022 $6,205 $509,637 $0 $0
2021 $6,168 $494,793 $0 $0
2020 $6,187 $487,962 $0 $0
2019 $5,993 $476,991 $0 $0
2018 $5,712 $456,198 $0 $0
2017 $5,688 $446,815 $0 $0
2016 $5,672 $729,500 $349,900 $379,600
2015 $5,762 $655,300 $341,300 $314,000
2014 $5,742 $423,695 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/11/2026 04/11/26 Pending -- -- --
04/10/2026 04/10/26 Off Market $1,795,000 -- --
02/27/2026 02/27/26 For Sale $1,795,000 0.0% $649 / Sq Ft
02/23/2026 02/23/26 Off Market $1,795,000 -- --
11/06/2025 11/06/25 For Sale $1,995,000 -- $721 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer $34,000 Attorney
Interfamily Deed Transfer -- Attorney
Warranty Deed $413,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $190,000 No Value Available
Source: Public Records

Source: Stellar MLS

MLS Number: A4666313

Stellar MLS

APN: 0081-07-0016

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