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$1,895,000

4879 Commonwealth Dr Sarasota, FL 34242

0 beds
2,450 sqft
0.3 acres
$773 / sqft
Multi-Family

Property details

About 4879 Commonwealth Dr

Own a Rare Piece of Sarasota's Architectural History on Siesta Key! Step into timeless design and architectural significance with this rare mid- century modern masterpiece, situated on a private double lot in the heart of Siesta Key. Originally crafted in 1957 by Frank Coleman and Tollen Twitchell, two influential figures in the Original Sarasota School of Architecture, this home seamlessly blends historical character with modern luxury. Boasting 2,500 square feet of light-filled living space, this 4-bedroom, 3-bathroom residence has been meticulously renovated while preserving its original architectural integrity. Clean lines, expansive impact windows, and an open floor plan define the home’s iconic style, inviting the outdoors in and creating a sense of calm sophistication throughout. Inside, the split floor plan provides distinct zones for privacy and connection. The primary suite is a sanctuary of its own, complete with private access to the outdoors, a luxurious bath featuring a freestanding soaking tub, and a marble-lined walk-in shower. On the opposite side of the home, three additional guest bedrooms provide comfort and style—including a junior suite with its own private bath, full marble detailing, and oversized picture window with views of the pool and deck area. High-end renovations include: New commercial-grade roof (30-year lifespan); High-impact windows and doors throughout the home; Durable wood-grain tile flooring; Quartz waterfall countertops & custom wood cabinetry in the kitchen; Floor to ceiling marble tile in all bathrooms; All new major appliances including HVAC, pool equipment and water heater; Spray foam insulation throughout the home for an extra layer of protection; and designer finishes and curated lighting throughout. Step outside to your personal paradise: a heated saltwater pool with screened enclosure, surrounded by lush tropical foliage for complete privacy and serenity. The home is ideally located just blocks from Roberts Bay and less than a mile from the award-winning crystal sands of Siesta Key Beach. A true retreat, the lushly landscaped double lot offers unmatched privacy and space—perfect for entertaining or simply relaxing beneath the tropical canopy. Whether you're a collector of architectural homes, a beach lover, or simply someone looking for the rare blend of heritage, location, and luxury, this one-of-a-kind property is your opportunity to own an iconic piece of Sarasota’s rich design legacy. House sits on a DOUBLE LOT - ADU build-out available for investors looking for value-add and additional income potential.

Highlights

Home typeDuplex
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Zoned
Size2,450 sqft
Lot size0.25 Acres
Year built1957
ParkingCircular Driveway, Driveway, Guest, Oversized
MLS #A4658113
FireplaceElectric, Family Room, Insert, Living Room
Private poolYes

Virtual tour

Summary

  • Appliances: Oven, Cooktop, Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Microwave, Range Hood, Refrigerator, Wine Cooler
  • Flooring Type: Tile
  • Interior: Accessibility Features, Built-in Features, Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Thermostat, Walk-In Closet(s)
  • Fireplace: Electric, Family Room, Insert, Living Room
  • Private Pool: Yes
  • Parking: Circular Driveway, Driveway, Guest, Oversized
  • Exterior: French Doors, Lighting, Private Mailbox, Rain Gutters, Sliding Doors
  • Heating: Central, Electric
  • Cooling: Central Air, Zoned
  • List Price: $1,895,000
  • Price/SqFt: $773
  • HOA Amount: $0
  • Annual Tax Amount: $10,411
  • Tax Year: 2023
  • Lot: Landscaped, Oversized Lot, Private, Paved
  • Directions: From I75, take Bee Ridge exit west, cross US41 onto Bay Rd which becomes Osprey Ave. Turn left/west onto Siesta Dr., follow over north bridge onto Siesta Key and Higel Ave. At traffic light, bear left onto Midnight Pass Road. After humpback bridge, turn right onto Commonwealth Drive. Property is on left/east side of street.
  • Year Built: 1957
  • Living Area: 2,450 SqFt
  • Lot Size: 0.25 Acres
  • MLS Number: A4658113
  • MLS Name: MFRMLS
  • Office Name: PREFERRED SHORE LLC
  • Office Phone: (941) 999-1179
  • Listing Agent: Daniel Petrilla

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Last updated on: 7/8/2025, 11:49:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Feb 15, 2023
Home Sold
$1,000,000
Dec 30, 2003
Home Sold
$508,000

Tax history

YearAssessmentProperty Tax
2023$848,400$10,411
2022$321,559$3,898
2021$312,193$3,898
2020$307,883$3,855
2019$300,961$3,729
2018$295,349$3,640
2017$289,274$3,623

History based on county public records data.

Nearby schools

8

Phillippi Shores Elementary School

Public Magnet PK-5

1.6 mi

4747 S Tamiami Trl

10

Southside Elementary School

Public District PK-5

2.3 mi

1901 Webber St

7

Gulf Gate Elementary School

Public District PK-5

3.1 mi

6500 S Lockwood Ridge Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $109,115. Residents of Sarasota, FL typically earn between $100k-200k each year. Residents typically live in married, no kids family. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

14%
<35k
29%
35k-100k
38%
100k-200k
19%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

40%
Single, No Kids
4%
Single, with Kids
42%
Married, No Kids
14%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

8%
<11 yrs old
6%
12-17 yrs old
8%
18-34 yrs old
44%
35-64 yrs old
34%
65+ yrs old

What do the neighbors do for fun?

  • Men's TennisMen's Tennis
  • Hiking/backpackingHiking/backpacking
  • PGA/LPGAPGA/LPGA

Where do the neighbors shop?

  • BloomingdalesBloomingdales
  • Nordstrom RackNordstrom Rack
  • Chico'sChico's

Where do the neighbors go to eat?

  • Bonefish GrillBonefish Grill
  • ChipotleChipotle
  • California Pizza KitchenCalifornia Pizza Kitchen

What do the neighbors drive?

  • LexusLexus
  • MazdaMazda
  • CadillacCadillac

What do the neighbors listen to?

  • NewsNews
  • RockRock
  • ClassicalClassical
All data provided by Home Junction and Claritas

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Frequently asked questions

About 4879 Commonwealth Dr

The listing price of 4879 Commonwealth Dr property is $1,895,000.

The property 4879 Commonwealth Dr is a multi located in Sarasota, Florida, 34242.

Active Listing: 4879 Commonwealth Dr is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 4879 Commonwealth Dr are: Phillippi Shores Elementary School (GreatSchools Rating 8/10), Southside Elementary School (GreatSchools Rating 10/10), Gulf Gate Elementary School (GreatSchools Rating 7/10), Brookside Middle School (GreatSchools Rating 6/10), Suncoast School for Innovative Studies (GreatSchools Rating 5/10), Sarasota School of Arts/Sciences (GreatSchools Rating 8/10), Sarasota Virtual Instruction Program (GreatSchools Rating 6/10), Riverview High School (GreatSchools Rating 6/10), Suncoast Polytechnical High School (GreatSchools Rating 9/10).

According to the records, the last property tax for 2023 is $10,411 (source: MLS/based on county public records data).

The last sale was on February 15, 2023 for $1,000,000 (source: MLS/tax record).

The property 4879 Commonwealth Dr is 2,450 SqFt (source: MLS/tax record).

The year of construction for 4879 Commonwealth Dr is 1957.

This home is located at 4879 Commonwealth Dr in Sarasota, FL and zip code 34242 in the Siesta Key neighborhood. This 2,450 square foot home, which was built in 1957, sits on a 0.25 acre lot. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since July 7, 2025 and is currently priced at $1,895,000.

In June 2025, from all listings sold in Sarasota, FL there were more than 23 sold above asking price, over 364 sold below and more than 51 were sold right at the asked price. The number of listings in Sarasota, FL decreased by 2% between May and June 2025. Listings spent 72 days on the market in June 2025, and had a median list price of $495,118 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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