Skip To Content

565 Commonwealth Place

Sarasota, FL 34242
  • $1,895,000
  • STATUS: Active
  • ON SITE: 37 Days
  • MLS #: A4698496
UPDATED: 60 min ago
$1,895,000
  • 3
    BEDS
  • 0.22
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,849
    SQFT
  • $1,025
    $/SQFT
Type:
Single-Family Home
Built:
1973
County:

School Information

Elementary School:
Middle School:
High School:

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.

Monthly Payment Calculator




© 2026 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. 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 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. Data last updated 2026-08-08T07:45:21.897.
www.markrankin.com/homes/178351091
Print Image

565 Commonwealth Place Sarasota, FL 34242

  • Price: $1,895,000
  • Status: Active
  • On Site: 37 Days
  • Updated: 60 min ago
  • MLS #: A4698496
3
Beds
2
Baths
0
½ Baths
0.22
Acres
1,849
SQFT
$1,025
$/SQFT
1973
Built
Neighborhood:
Siestas Bayside Waterside East Rep Lts 18 & 19
County:
Sarasota
Area:
Sarasota/Crescent Beach/Siesta Key
Elementary School:
Phillippi Shores Elementary
Middle School:
Brookside Middle
High School:
Sarasota High
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.
Exterior Features

Architectural Style FloridaRanch Attached Garage Yn Yes Carport Yn No Construction Materials BlockStucco Covered Spaces 2 Direction Faces Southwest Exterior Features Fire PitGardenHurricane ShuttersIrrigation SystemOutdoor GrillPrivate YardRain GuttersSliding Doors Fencing Chain Link Foundation Details Slab Lot Features Cul-De-SacFloodZoneIn CountyLandscaped Open Parking YN Yes Parking Features DrivewayGarage Door Opener Patio And Porch Features CoveredDeckFront PorchRear PorchScreened Pool Features GuniteHeatedIn Ground Pool Private Yn Yes Road Frontage Type Street Paved Road Surface Type Paved Roof Tile Spa Features Above GroundHeated Spa YN Yes View Water Water Access Canal - Saltwater Water Access Yn Yes Water Extras Bridges - FixedLiftMinimum Wake ZoneSeawall - Concrete Water Extras Yn Yes Water View Canal Water View Yn Yes Waterfront Features Canal - Saltwater Waterfront Yn Yes

Interior Features

Appliances Built-In OvenCooktopDishwasherDisposalDryerElectric Water HeaterExhaust FanRefrigeratorWasher Building Area Total 2793 Cooling Central Air Cooling YN Yes Fireplace Yn No Flooring TileTravertine Furnished Furnished Heating CentralElectric Heating YN Yes Interior Features Ceiling Fan(s)Crown MoldingEating Space In KitchenOpen FloorplanPrimary Bedroom Main FloorSolid Wood CabinetsStone CountersTray Ceiling(s)Walk-In Closet(s)Window Treatments Laundry Features InsideLaundry Room Levels One Rooms Kitchen Bedroom 3 (Built-in Closet) Living Room Primary Bedroom (Walk-In Closet(s)) Bedroom 2 (Built-in Closet) Sewer Public Sewer Stories Total 1 Water Source Public

Property Features

Additional Lease Restrictions Refer to Association Additional Parcels YN No Approval Process Refer to Association Association Approval Required Yn No Association Fee 500 Association Fee Frequency Annually Association Fee Includes Common Area Taxes Association Fee Monthly Amount 41.67 Association Fee Requirement Required Association Yn Yes Cdd Yn No Down Payment Resource No Flood Zone Code AE Garage Yn Yes Homestead Yn No Lease Considered YN Yes Lease Restrictions YN Yes Listing Terms CashConventional Minimum Lease 1 Month New Construction Yn No Occupant Type Vacant Ownership Fee Simple Pets Allowed Yes Property Attached YN No Property Sub Type Single Family Residence Senior Community Yn No Special Listing Conditions None Sw Subdiv Community Name Not Applicable Tax Annual Amount 14976 Total Annual Fees 500 Total Monthly Fees 41.67 Utilities Cable ConnectedElectricity ConnectedPublicSewer ConnectedWater Connected Yrs Of Owner Prior To Leasing Re No Zoning RSF2


Listing information © 2026 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of MICHAEL SAUNDERS & COMPANY: 941-349-3444.



© 2026 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. 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 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. Data last updated 2026-08-08T07:45:21.897.
 
https://bt-photos.global.ssl.fastly.net/mfr/orig_boomver_1_A4698496-2.jpg https://bt-photos.global.ssl.fastly.net/mfr/orig_boomver_1_A4698496-2.jpg https://bt-photos.global.ssl.fastly.net/mfr/orig_boomver_1_A4698496-2.jpg
Logo
The Mark Rankin Team | Downtown Realty
700 Celebration Ave #225
Celebration FL, 34747