Welcome to Commonwealth Drive, a rare opportunity to own a slice of paradise on Siesta Key. Prime opportunity for new construction on this property, offering a blank canvas to build your dream home. This .26-acre lot is perfectly situated on one of the island’s most coveted streets, known… Read More for its lush, mature landscaping, serene ambiance, and close proximity to everything that makes Siesta Key so special. Commonwealth Drive is lined with stunning multi-million-dollar homes, both waterfront and inland, offering a tranquil charm that feels both exclusive and inviting. While this particular lot is not waterfront, its location amidst these beautiful properties makes it an exceptional find. The property currently features a majestic cottage full of character and charm. However, recent hurricane flooding has left the home ready for redevelopment, creating the perfect opportunity to design your dream home. Whether you envision a modern coastal retreat or a timeless estate that reflects the beauty of the surroundings, this lot provides a rare blank canvas to bring your vision to life in one of Sarasota’s most desirable neighborhoods. This property offers unparalleled access to Siesta Key’s most beloved features. Just minutes away, Siesta Key Beach awaits with its powdery white sands and turquoise waters, consistently ranked among the best beaches in the world. Here, you can enjoy tranquil days under the sun, paddle through calm waters, or savor breathtaking sunsets. A short bike ride or drive takes you to Siesta Key Village, a vibrant hub filled with boutique shops, charming cafes, and waterfront dining. The relaxed island vibe makes every visit to the village a memorable experience, with options to suit all tastes. Commonwealth Drive is more than just a street—it’s a lifestyle. The quiet, tree-lined neighborhood is known for its peaceful atmosphere and friendly neighbors, fostering a true sense of community. The mature landscaping, with its towering oaks and tropical foliage, creates a serene environment perfect for morning walks or peaceful evenings on your future lanai. This tranquil setting feels like a world away from the hustle and bustle, yet it’s conveniently located near the island’s key attractions. Land on Siesta Key is extremely limited, making this property a rare and exciting opportunity. Whether you’re looking to build a forever home, a vacation retreat, or an investment property, this lot provides endless possibilities to create something truly special. Commonwealth Drive is the epitome of Siesta Key living, combining quiet luxury with unmatched convenience. Opportunities like this don’t come often, especially in a location as desirable as this. This property invites you to embrace the charm, beauty, and serenity of Siesta Key while creating a legacy on one of the island’s most coveted streets. Don’t miss your chance to build your dream home in a neighborhood that embodies tropical elegance, friendly neighbors, and proximity to world-class beaches. Contact us today to learn more about this extraordinary property and start planning your future in paradise. Read Less
Courtesy of WILLIAM RAVEIS REAL ESTATE 941-867-3901
Listing Snapshot
Days Online
31
Last Updated
Property Type
Single Family Residence
Beds
2
Full Baths
1
Square Ft.
1,363
Lot Size
0.26 Acres
Year Built
1955
MLS Number
A4630299
30 Days Snapshot Of 34242
$1,682k
+50%
(avg) sold price
24
+60%
homes sold
76
-16%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Living Area Meters: 126.63, Room Count: 3, Building Area Total: 1843, Building Area Units: Square Feet, Construction Materials: "Wood Siding", Direction Faces: East, Levels: "One", Living Area: 1363, Stories Total: 1, Year Built: 1955
Lot
Lot Size Square Meters: 1053, Total Acreage: 1/4 to less than 1/2, Features: "Cleared", "Landscaped", "Level", "Oversized Lot", "Private", "Paved", 0.26 acres, 11330 square feet, Dimensions: 50x135, View: "Garden", "Trees/Woods"
Property Access
Road Surface: "Paved"
Appliances & Equipment
Appliances: "Other"
Cooling
Cooling: "Other"
Exterior Features
Exterior Features: "Other"
Floors
Flooring: "Other"
Foundation
Foundation Details: "Slab"
Heating
Heating: "Other"
Interior Features
Interior Features: "Other"
Laundry
Laundry Features: "Other"
Parking
Carport Spaces: 2
Pets Policy
Pets Allowed: "Yes"
Property
Zoning: RSF2
Roof
Roof: "Metal"
Sewer
Sewer: "Public Sewer"
Utilities
Utilities: "Cable Available", "Electricity Available", "Natural Gas Available", "Other", "Public", "Sewer Connected", "Street Lights", "Water Available", Water Source: "None"
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