565 Commonwealth Place, Siesta Key, FL 34242

$1,895,000
3
BD
2
BA
1,849
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,895,000
Days on Market
27
MLS#
A4698496
Bedrooms
3
Full Bathrooms
2
Sq. Ft
1,849
Lot Size
9,783
Subtype
Single Family
County
Sarasota
Community
No Deed Restriction
Subdivision
Siestas Bayside Waterside East Rep Lts 18 & 19
Year Built
1973

Property Description

Tucked away on a quiet cul-de-sac in one of Siesta Key's most desirable waterfront neighborhoods, this beautifully maintained canal-front residence offers the kind of island lifestyle buyers dream about. Set on an exceptional pie-shaped homesite with 129 feet of waterfront and recapped seawall, this low-wake arm of the Grand Canal offers quick access to Roberts Bay while its calm, protected basin provides a peaceful, private setting for both boating and everyday waterfront living. Designed for easy indoor-outdoor living, the three-bedroom, two-bath home opens seamlessly to a private backyard retreat where a heated pool, fire pit and spacious screened lanai invite long afternoons in the Florida sunshine and evenings spent under the palms. The broad canal views create an unexpected sense of space, offering peaceful water vistas without feeling confined by neighboring homes. Whether entertaining friends or enjoying a quiet morning overlooking the water, every space feels relaxed, comfortable and unmistakably coastal. Inside, tray ceilings, plantation shutters and an abundance of natural light create a warm, welcoming atmosphere. The thoughtfully updated kitchen features solid maple cabinetry, granite countertops, premium appliances, abundant storage and a convenient pass-through window for effortless entertaining. The spacious primary suite overlooks the pool and canal, complete with a generous walk-in closet and an updated ensuite bath with dual vanities, soaking tub and separate shower. A split-bedroom floor plan offers privacy for owners and guests alike. Boaters will appreciate the Trex dock, expanded waterside paver patio, 10,000-pound lift, fish cleaning station and protected canal setting, while the fully fenced yard, hurricane shutters, oversized laundry room, paver driveway and two-car garage add everyday convenience. The home remained dry during the 2024 storms, offering valuable peace of mind. Perhaps what makes this property so special isn't simply its long list of amenities, but the life it invites. It's the kind of home where grandchildren cannonball into the pool, dogs race across the backyard, friends linger around the fire pit long after sunset, and an evening boat ride becomes part of the daily routine. For those ready to trade elevators and HOA hallways for a private dock, a backyard made for gathering and a different sense of home, this is a rare opportunity. Just minutes from our famous Siesta Beach, the lively Siesta Key Village and the vibrancy downtown Sarasota, it offers waterfront living that feels both peaceful and connected.

Additional Information

City
Siesta Key
Region
Sarasota/Crescent Beach/Siesta Key
Zip
34242
Mo Subdivision
Siesta Beach, Siestas Bayside Waterside East
Neighborhood
Siesta Beach, Siestas Bayside Waterside East
Subdivision
Siestas Bayside Waterside East Rep Lts 18 & 19
Area
1849
Water Frontage
Sailboat Water, Boatable Water
Community Extras
No Deed Restriction
Garage Spaces
2
Property Description
One Story
Exterior Construction
Block, Stucco
Elementary School
Phillippi Shores Elementary
Middle School
Brookside Middle
High School
Sarasota High
Located Near
Cul-De-Sac, FloodZone, In County, Landscaped, Paved
Frontage
Canal - Saltwater
Architectural Style
Florida, Ranch
Pool Type
Private
Pets Allowed
Yes
Water Extras
Bridges - Fixed, Lift, Minimum Wake Zone, Seawall - Concrete
Water Access
Canal - Saltwater
Water View
Yes
Water View
Canal
Property Style
Single Family
Total Acreage
0 to less than 1/4
Water Frontage
Yes
Special Sale Provision
None
Garage Description
2 Car Garage
Water Extras
Yes
Minimum Lease
1 Month
Interior Features
Ceiling Fans(s), Crown Molding, Eat-in Kitchen, Open Floorplan, Primary Bedroom Main Floor, Solid Wood Cabinets, Stone Counters, Tray Ceiling(s), Walk-In Closet(s), Window Treatments
Interior Layout
Ceiling Fans(s), Crown Molding, Eat-in Kitchen, Open Floorplan, Primary Bedroom Main Floor, Solid Wood Cabinets, Stone Counters, Tray Ceiling(s), Walk-In Closet(s), Window Treatments
Water Frontage
Canal - Saltwater
Water Front Description
Canal - Saltwater
Flood Zone
AE
Flood Zone
Yes
Water Access
Yes
Complex Name
Siestas Bayside Wat
Hoa Fee
$500
Monthly Hoa Amount
41
Financing Available
Cash, Conventional
Heated Square Feet
1849
Acres
0.22
Stories
1
Exterior Features
Fire Pit, Garden, Hurricane Shutters, Outdoor Grill, Private Yard, Rain Gutters, Sliding Doors
Private Pool
Yes
Fence Description
Chain Link
Waterfront
Yes
Parking Description
Driveway, Garage Door Opener
Floor Covering
Tile, Travertine
Water Features
Canal - Saltwater, Bridges - Fixed, Lift, Minimum Wake Zone, Seawall - Concrete, Canal - Saltwater
HOA Yes/No
Yes
HOA Comm/Assn
Required
Pp Sqft
1024.88
Levels
One
Architectural Style
Florida, Ranch
Occupant Type
Vacant
Subtype
Single Family
Roof
Tile
Property Subtype
Residential
Pool
Yes
View
Water
Sewer
Public Sewer
Water Source
Public
Furnished
Furnished

Listing courtesy of MICHAEL SAUNDERS & COMPANY. 941-349-3444

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

StellarMLS is the source of this information via Internet Data Exchange Program. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. 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 for consumer 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. Data last updated on