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$2,200,000
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Property Description
Welcome to your canal front pool home on beautiful Siesta Key. It is a 4 bedroom,2 full bathroom home on approximately .24 acres (10,623 sq ft).It was built in 1972 and now rebuilt in 2026. The house is 2,154 sq ft under air with a 2 car garage which is 462 sq ft. There are brand new Champion windows and sliders,throughout all hurricane impact resistant. The new HVAC system was put in in 2024, and since then the electric and plumbing systems were totally redone. The brand new flooring is a beautiful sandy tile, much like the color of the sand on world renowned Siesta Key beach. Take invigorating walks or bike rides and view the magnificent sunsets on the beach. The roof is older but has been inspected and is in excellent condition. There are lots of plush plantings and a dock right outside of the screened pool and lanai. Come see for yourself! This home should not be missed! Buy yourself a piece of paradise, there's only so much to go around!
Full Property Details
Full Property Details for 589 Commonwealth Ln
General
- Price: $2,200,000
- Taxes: $9,116 (2025)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: R4910990
- Updated: 5/1/2026
- Added to Site: 25 day(s) ago
Rental Information
- Min. Lease: 1 Month
Interior
- Number of Rooms: 6
- Interior Features: Stone Counters
- Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
- Furnishings: Unfurnished
- Flooring: Ceramic Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Inside
Additional Information
- Pool: Yes
- Private Pool: Yes
- Pool Description: Gunite
Exterior
- Exterior Features: Sliding Doors
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
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: Intersection of MIdnight Pass Road and Commonwealth Drive, go West onto Commonwealth Drive Go South onto Commonwealth Lane
- Direction Faces: South
School Information
- Elementary School: Phillippi Shores Elementary
- Middle School: Brookside Middle
- High School: Sarasota High
Community
- Community Name: 34242 - Sarasota/Crescent Beach/Siesta Key
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Public
Structural Information
- Exterior Const.: Block
- Roof: Tile
- Stories/Levels: One
- Square Feet: 2,073
- Sq. Ft. Source: Public Records
- Year Built: 1972
Lot Features
- Lot Size (Acres): 0.24
- Lot Size (Sq. Ft.): 10,624
- Lot Size: 10624
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $9,116.18
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: LOT 28 SIESTAS BAYSIDE WATERSIDE EAST OR 1001-609
- Flood Zone Info: AE
- APN: 81030028
- Property ID: 81030028
Listed by Premier Plus Realty
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Schools
Schools serving 589 Commonwealth Ln
School District:Sarasota County School District
| Name | Grades | Distance |
|---|---|---|
Phillippi Shores Elementary School 4747 South Tamiami Trail, Sarasota, FL 34231 | PK-5 | 1.8 mi |
Brookside Middle School 3636 South Shade Avenue, Sarasota, FL 34239 | 6-8 | 2.3 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 589 Commonwealth Ln
Date
Details
Price
Change
Source
5/01/2026
Listed
$2,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 589 Commonwealth Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,356
-6%
$765,503
3%
2024
$8,851
3%
$743,929
3%
2023
$8,584
3%
$722,261
6%
2021
$8,374
—
$680,800
-3%
2022
$8,400
—
$701,224
4%
2021
$8,374
2%
$671,400
2%
2019
$8,207
2%
$659,301
2%
2018
$8,046
—
$647,008
2%
2017
$8,014
-8%
$633,700
-1%
2016
$8,717
92%
$639,700
86%
2015
$4,532
—
$343,353
1%
2014
$4,515
—
$340,628
2%
2013
$4,513
—
$335,594
—
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 589 Commonwealth Ln
589 Commonwealth Lane, Sarasota, FL 34242 (MLS# R4910990) is a Single Family property with 4 bedrooms and 2 full bathrooms. 589 Commonwealth Lane is currently listed for $2,200,000 and was received on May 01, 2026. Want to learn more about 589 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.

