Tour
$10,000 Closing Credit¹
#A4646426, Stephen Weeks, Listing Office: MICHAEL SAUNDERS & COMPANY
$2,300,000 List price
4964 Commonwealth Dr Sarasota, FL 34242
$10,000
Closing credit¹
3 beds
3 full, 2 partial
3,000 sqft
0.1 acres
$767 / sqft
House
Property details
About 4964 Commonwealth Dr
Discover timeless elegance and coastal charm in this stunning 3-bedroom 5-bath home situated on the Grand Canal of Siesta Key. Elevated and meticulously designed, this residence offers a rare blend of luxury, warmth, and functionality in one of Sarasota's Most desirable waterfront neighborhoods. Soaring 14-foot ceilings define the main living area, where natural cherry hardwood floors carry warmth and sophistication throughout. The open concept great room features a custom built-in media center that surrounds a cozy gas fireplace, sliding doors open to a large balcony overlooking the sparkling pool and serene canal. At the heart of the home the chef's kitchen impresses with high end cabinetry, granite countertops, Sub-Zero refrigeration, and premium gas appliances-perfect for both casual meals and entertaining in style. Retreat to the master suite, where polished travertine floors lead you to a spa-like bath featuring deep soaking tub, walk-in glass shower, and an expansive closet that's sure to impress. Each additional bedroom is generously sized with it's own access to a Juliet balcony and full bath, ideal for family or guest. Outside a pool is framed by lush tropical landscaping, while the dock offers a 10,000-pound boat lift for effortless access to the Intracoastal Waterway and Gulf of Mexico. Additional highlights include a 2-car garage and a paver driveway that enhances the home's curb appeal. This property presents a rare opportunity in one of Sarasota's most desirable locations- just minutes from world-famous Siesta Key Beach, shopping, dining, and cultural attractions. Don't miss this chance to own a piece of paradise!
Highlights
Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Size3,000 sqft
Lot size0.15 Acres
Year built2004
MLS #A4647594
Attached garage2 spaces
WaterfrontCanal
FireplaceGas
ViewWater
Private poolYes
Virtual tour
Summary
- Partial Bathrooms: 2
- Full Bathrooms: 3
- Appliances: Bar Fridge, Oven, Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator, Wine Cooler
- Flooring Type: Carpet, Marble, Wood
- Interior: Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, Stone Counters, Walk-In Closet(s), Window Treatments
- Fireplace: Gas
- Total Bedroom Count: 3
- Garage Space: 2 spaces
- Attached Garage: Yes
- Private Pool: Yes
- Waterfront: Canal
- View: Water
- Exterior: Balcony, Rain Gutters, Sliding Doors
- Architectural Style: Custom
- Heating: Central
- Cooling: Central Air
- List Price: $2,300,000
- Price/SqFt: $766
- Annual Tax Amount: $16,500
- Tax Year: 2023
- Directions: Siesta Dr to left on Midnight Pass Rd. Take a right on Commonwealth Dr.
- Year Built: 2004
- Living Area: 3,000 SqFt
- Lot Size: 0.15 Acres
- MLS Number: A4647594
- MLS Name: MFRMLS
- Office Name: FINE PROPERTIES
- Office Phone: (941) 782-0000
- Listing Agent: Traci Rusek
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Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/9/2025, 12:19:38 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,300,000
4964 Commonwealth Dr
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jan 21, 2005 | Home Sold | $1,400,000 |
| Jul 25, 2003 | Home Sold | $345,000 |
| Jul 25, 2003 | Home Sold | $345,000 |
| Jun 28, 2000 | Home Sold | $583,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $1,543,000 | $16,500 |
| 2022 | $1,458,900 | $15,513 |
| 2021 | $977,000 | $15,513 |
| 2020 | $864,000 | $12,345 |
| 2019 | $796,500 | $10,420 |
| 2018 | $796,100 | $10,412 |
| 2017 | $671,085 | $8,548 |
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
2.4 mi
•1901 Webber St
7
Gulf Gate Elementary School
Public District PK-5
3.0 mi
•6500 S Lockwood Ridge Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $109,115. The majority of Sarasota, FL residents have income between $100k-200k annually. Typical family type is married, no kids. Typical level of education for residents in this area is post secondary degree.
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 Tennis
Hiking/backpacking
PGA/LPGA
Where do the neighbors shop?
Bloomingdales
Nordstrom Rack
Chico's
Where do the neighbors go to eat?
Bonefish Grill
Chipotle
California Pizza Kitchen
What do the neighbors drive?
Lexus
Mazda
Cadillac
What do the neighbors listen to?
News
Rock
Classical
All data provided by Home Junction and Claritas
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Frequently asked questions
About 4964 Commonwealth Dr
The listing price of 4964 Commonwealth Dr property is $2,300,000.
The property 4964 Commonwealth Dr is a house located in Sarasota, Florida, 34242.
Active Listing: 4964 Commonwealth Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 4964 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 $16,500 (source: MLS/based on county public records data).
The last sale was on January 21, 2005 for $1,400,000 (source: MLS/tax record).
The property at 4964 Commonwealth Dr has 3 bedrooms and 3 full and 2 half bathrooms.
The property 4964 Commonwealth Dr is 3,000 SqFt (source: MLS/tax record).
The year of construction for 4964 Commonwealth Dr is 2004.
This home is located at 4964 Commonwealth Dr in Sarasota, FL and zip code 34242 in the Siesta Key neighborhood. This 3,000 square foot home, which was built in 2004, sits on a 0.15 acre lot. Features: 3 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since April 16, 2025 and is currently priced at $2,300,000.
In April 2025, from all listings sold in Sarasota, FL there were more than 35 sold above asking price, over 421 sold below and more than 77 were sold right at the asked price. Between March and April 2025, Sarasota, FL real estate market has seen increase in the number of listings by 1.6%. In April 2025 median list price was $500,494 and the average listing age was 69 days.
From Rocket Homes Real Estate and based on county public records data.