Active
4938 Commonwealth Dr, Sarasota, FL 34242
MLS A4711626
$2,650,000
Est. $14,448/mo principal and interest at the 7.24% Freddie Mac PMMS national 30-year average as of Oct 29, 2026, with 20% down
Estimate only. Not a loan offer, rate quote or approval. Any loan approval is conditional until all underwriting conditions are met.
4 bd · 3.5 ba · 2,169 sqft · Single Family Residence
About this home
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!
Key facts
- Type
- Single Family Residence
- Size
- 2,169 sqft
- Bedrooms
- 4
- Bathrooms
- 3.5
- Avg. price per sqft
- $1,222
- County
- Sarasota
- MLS number
- A4711626
- Status
- Active
- Property address
- 4938 Commonwealth Dr, Sarasota, FL 34242
Where is this home?
Common questions
How much is 4938 Commonwealth Dr, Sarasota, FL 34242 listed for?
4938 Commonwealth Dr, Sarasota, FL 34242 in Sarasota, FL is listed at $2,650,000 (about $14,448/mo principal and interest at the 7.24% Freddie Mac PMMS national 30-year average as of Oct 29, 2026, with 20% down. Estimate only. Not a loan offer, rate quote or approval. Any loan approval is conditional until all underwriting conditions are met.)
How many bedrooms and bathrooms does 4938 Commonwealth Dr, Sarasota, FL 34242 have?
4938 Commonwealth Dr, Sarasota, FL 34242 has 4 bedrooms, 3.5 bathrooms, and 2,169 square feet.
Who can show 4938 Commonwealth Dr, Sarasota, FL 34242 in Sarasota?
Jonathan Loescher is a Tampa Bay Realtor and Mortgage Loan Originator. He can tour this home, compare nearby listings, and work the financing with you.
Is the 2.25% buy-before-you-sell fee a commission?
No. The 2.25% is a lender program fee on the sale of the current home, not a brokerage commission. Apply for a loan at jonathanloescher.com/apply.
Is Jonathan Loescher a Realtor and a Mortgage Loan Originator?
Yes. Jonathan is a licensed Florida Realtor and a Mortgage Loan Originator. Tampa Bay clients can work with him on the home search and the financing together.
Listing photos remain with the listing broker and photographer. Not licensed for reuse from this site.