Date
Details
Price
Change
Source
6/29/2026
Listed
$1,350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$1,350,000 Just Listed
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Property Description
Rare GRAND CANAL redevelopment opportunity on Siesta Key, offered at land value. This estate-sale homesite delivers approximately 168 feet of water frontage - among the most generous on the Grand Canal - along one of the canal's widest, most open stretches, with long water views and exceptional ease of egress. Boaters enjoy quick passage to the Intracoastal Waterway and on to the Gulf, with the bridge just minutes away. Tucked on a peaceful cul-de-sac, the site pairs privacy with proximity: a short bike ride to the powdery white sand of top-rated Siesta Key Beach. Build anew and capture full water views, or renovate to your vision. While the primary value is the exceptional lot, per seller, water has not intruded the interior of the existing home. Sold at land value, buyer to perform all due diligence. Opportunities of this width, frontage, and location on the Grand Canal are exceedingly rare.
Full Property Details
Full Property Details for 522 Commonwealth Ln
General
- Price: $1,350,000
- Taxes: $5,889 (2025)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: A4696439
- Updated: Today (6/29/2026)
- Added to Site: Today
Rental Information
- Min. Lease: 1 Month
Interior
- Number of Rooms: 10
- Interior Features: Primary Bedroom Main Floor
- Appliances: None
- Furnishings: Unfurnished
- Flooring: Ceramic Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Laundry Room
Additional Information
- Pool: Yes
- Private Pool: Yes
- Pool Description: Gunite
Exterior
- Exterior Features: Sidewalk
- Deck/Patio: Front Porch, Patio
- Porch/Patio/Deck: Front Porch, Patio
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Driveway, Ground Level
Location
- Area: 34242 - Sarasota/Crescent Beach/Siesta Key
- County: Sarasota
- Development Name: 34242 - Sarasota/Crescent Beach/Siesta Key
- Subdivision: SIESTAS BAYSIDE WATERSIDE EAST
- Driving Directions: On Siesta Key take Midnight Pass Road south to Commonwealth Drive. West on Commonwealth drive to Commonwealth Lane. North or right to the home at the end of the cul-de-sac.
- Direction Faces: Northeast
Community
- Community Name: 34242 - Sarasota/Crescent Beach/Siesta Key
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water District: GRAND CANAL
- Water: Canal/Lake For Irrigation
- Utility Description: Electricity Connected
Structural Information
- Architectural Info: Mediterranean
- Architectural Style: Mediterranean
- Exterior Const.: Stucco
- Roof: Tile
- Stories/Levels: One
- Square Feet: 1,990
- Sq. Ft. Source: Public Records
- Year Built: 1979
Lot Features
- Property View: Water
- Lot Size (Acres): 0.27
- Lot Size (Sq. Ft.): 11,558
- Lot Size: 11558
- Street/Road Desc.: Paved
Water Features
- Water Front: Yes
- Water View: Yes
- Water Access: Yes
- Water Access Desc: Canal - Brackish, Canal - Saltwater
- Water Front Name: GRAND CANAL
- Water Front Desc.: Canal - Brackish, Canal Front
Financial Considerations
- Tax Amount: $5,889
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: LOT 35 SIESTAS BAYSIDE WATERSIDE EAST
- Flood Zone Info: AE
- APN: 81030021
- Property ID: 81030021
Listed by Premier Sotheby's International Realty
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Listing agent
— 522 Commonwealth Ln —
Premier Sotheby's International Realty
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 522 Commonwealth Ln
School District:Sarasota County School District
| Name | Grades | Distance |
|---|---|---|
Phillippi Shores Elementary School 4747 South Tamiami Trail, Sarasota, FL 34231 | PK-5 | 1.9 mi |
Brookside Middle School 3636 South Shade Avenue, Sarasota, FL 34239 | 6-8 | 2.4 mi |
Sarasota High School 2155 Bahia Vista Street, Sarasota, FL 34239 | 9-12 | 3.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 522 Commonwealth Ln
Tax History
Tax History for 522 Commonwealth Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,157
-9%
$490,114
3%
2024
$5,692
4%
$476,301
3%
2023
$5,493
2%
$462,428
6%
2021
$5,385
—
$435,883
-3%
2022
$5,409
—
$448,959
4%
2021
$5,385
6%
$429,865
6%
2019
$5,067
2%
$406,906
2%
2018
$4,957
—
$399,319
2%
2017
$4,935
—
$391,106
2%
2016
$4,955
-2%
$383,062
1%
2015
$5,045
—
$380,399
1%
2014
$5,027
—
$377,380
1%
2013
$5,025
—
$371,803
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 522 Commonwealth Ln
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- 4Total Baths
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Listed by Waterside Realty Llc
Sold by Kw Coastal Living Iii
Sold by Kw Coastal Living Iii
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Sold by Kw Coastal Living Iii
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Sold by Michael Saunders & Company
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Listed by Michael Saunders & Company
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Sold by Preferred Shore Llc
522 Commonwealth Lane, Sarasota, FL 34242 (MLS# A4696439) is a Single Family property with 3 bedrooms, 2 full bathrooms and 1 partial bathroom. 522 Commonwealth Lane is currently listed for $1,350,000 and was received on June 29, 2026. Want to learn more about 522 Commonwealth Lane? Do you have questions about finding other Single Family real estate for sale in Sarasota? You can browse all Sarasota real estate or contact a Coldwell Banker agent to request more information.