579 Commonwealth Ln Sarasota, FL 34242
Estimated payment $29,155/month
Highlights
- Dock has access to electricity
- Boat Lift
- Saltwater Pool
- Phillippi Shores Elementary School Rated A
- New Construction
- Open Floorplan
About This Home
Pre-Construction. To be built. Welcome to a world where every day feels like an escape to Paradise! This meticulously crafted 4,500 sq. ft. residence on Siesta Key blends contemporary architecture with earth tones, rich natural materials, and an undeniable sense of calm—evoking the ambiance of a private luxury retreat. Designed for both serenity and spectacle, the home features 5 spacious ensuite bedrooms and 5.5 baths, each curated with refined finishes and organic textures. The design leans into warmth—stones, layered woods, soft organic tones, and a sense of ease that feels more high-end boutique resort than new construction. An airy, open-concept living space flows seamlessly to the outdoors, where the amenities rival a five-star resort. Enjoy a fully outfitted outdoor kitchen, a stunning sunken firepit, and generous covered lounging and dining spaces overlooking the water. Whether you’re hosting sunset celebrations or savoring quiet mornings off the canal, every moment feels like an experience. Wellness enthusiasts will appreciate the private home gym, while boating lovers will relish the canal access and dock, offering quick passage to the Intracoastal and beyond. Boat weight capacity is 12,000 lbs (with no low bridges in the way). This home has the feel of a luxury resort, but with a warmth and simplicity that makes it easy to imagine living here every day. Construction is underway, and it’s one of those rare opportunities where you can secure the lifestyle before the final touches are even complete. Live where luxury feels natural. Live where every day feels like vacation. Welcome to your future on Siesta Key. Builder: Design 2 Build, est. completion: December 2026.
Listing Agent
COMPASS FLORIDA LLC Brokerage Phone: 941-279-3630 License #3515908 Listed on: 11/20/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,456
Year Built
- Built in 2026 | New Construction
Lot Details
- 0.26 Acre Lot
- Property fronts a saltwater canal
- East Facing Home
- Property is zoned RSF2
Parking
- 3 Car Attached Garage
Home Design
- Home in Pre-Construction
- Home is estimated to be completed on 12/31/26
- Block Foundation
- Metal Roof
- Block Exterior
Interior Spaces
- 4,508 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Combination Dining and Living Room
- Laundry in unit
Kitchen
- Dishwasher
- Wine Refrigerator
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
Pool
- Saltwater Pool
- Outdoor Shower
Outdoor Features
- Access to Saltwater Canal
- Boat Lift
- Dock has access to electricity
- Outdoor Kitchen
Utilities
- Central Air
- Heating Available
- Electric Water Heater
Community Details
- Property has a Home Owners Association
- Siestas Bayside Waterside Community
- Siestas Bayside Waterside East Subdivision
Listing and Financial Details
- Visit Down Payment Resource Website
- Tax Lot 29
- Assessor Parcel Number 0081030027
Map
Home Values in the Area
Average Home Value in this Area
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 | $6,456 | $500,870 | -- | -- |
| 2024 | $6,239 | $535,054 | -- | -- |
| 2023 | $6,239 | $519,470 | $0 | $0 |
| 2022 | $6,091 | $504,340 | $0 | $0 |
| 2021 | $5,574 | $450,039 | $0 | $0 |
| 2020 | $5,596 | $443,825 | $0 | $0 |
| 2019 | $5,418 | $433,847 | $0 | $0 |
| 2018 | $5,302 | $425,758 | $0 | $0 |
| 2017 | $5,118 | $404,327 | $0 | $0 |
| 2016 | $5,116 | $673,900 | $445,000 | $228,900 |
| 2015 | $5,209 | $748,700 | $548,000 | $200,700 |
| 2014 | $5,190 | $384,371 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/20/2025 11/20/25 | For Sale | $5,500,000 | +358.3% | $1,220 / Sq Ft | |
| 03/12/2025 03/12/25 | Sold | $1,200,000 | 0.0% | $550 / Sq Ft | View Prior Sale |
| 03/12/2025 03/12/25 | Sold | $1,200,000 | -7.3% | $550 / Sq Ft | View Prior Sale |
| 02/25/2025 02/25/25 | Pending | -- | -- | -- | |
| 02/24/2025 02/24/25 | Pending | -- | -- | -- | |
| 02/12/2025 02/12/25 | Price Changed | $1,295,000 | 0.0% | $594 / Sq Ft | |
| 02/12/2025 02/12/25 | Price Changed | $1,295,000 | -2.3% | $594 / Sq Ft | |
| 01/25/2025 01/25/25 | Price Changed | $1,325,000 | +10.4% | $608 / Sq Ft | |
| 01/25/2025 01/25/25 | For Sale | $1,200,000 | -9.4% | $550 / Sq Ft | |
| 01/25/2025 01/25/25 | For Sale | $1,325,000 | +10.4% | $608 / Sq Ft | |
| 01/10/2025 01/10/25 | Pending | -- | -- | -- | |
| 01/03/2025 01/03/25 | For Sale | $1,200,000 | -- | $550 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,200,000 | Attorneys Key Title Llc | |
| Warranty Deed | -- | Wood Seitl & Anderson Pa | |
| Warranty Deed | $515,000 | Attorney | |
| Warranty Deed | $1,020,000 | Diamond Title Sarasota Inc | |
| Warranty Deed | $710,000 | -- | |
| Warranty Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $350,000 | New Conventional | |
| Previous Owner | $765,000 | Purchase Money Mortgage | |
| Previous Owner | $532,500 | No Value Available |
Source: Stellar MLS
MLS Number: A4672499
APN: 0081-03-0027
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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