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. On a peaceful cul-de-sac, the site pairs privacy with proximity, with 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, according to the 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.
Sold for $1,350,000
$1,350,000
522 COMMONWEALTH LANE, SARASOTA, FL 34242
3beds
1,990sqft
Single Family Residence
Built in 1979
0.27 Acres Lot
$1,349,800 Zestimate®
$678/sqft
$7,132 Estimated rent
Home value
$1,349,800
$1.24M - $1.47M
$7,132/mo
Zestimate® history
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List your homeWhat's special
Peaceful cul-de-sacLong water viewsExceptional ease of egress
Zillow last checked:
Listing updated:
Listed by:
Karen Whitaker 941-724-6969,
PREMIER SOTHEBY'S INTERNATIONAL REALTY 941-364-4000
Bought with:
Kristina Waskom, 3053404
MICHAEL SAUNDERS & COMPANY
Source: Stellar MLS,MLS#: A4696439
Originating MLS: Sarasota - Manatee
Originating MLS: Sarasota - Manatee
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Primary bedroom
- Features: En Suite Bathroom, Walk-In Closet(s)
- Level: First
- Area: 336 Square Feet
- Dimensions: 16x21
Bedroom 2
- Features: Walk-In Closet(s)
- Level: First
- Area: 182 Square Feet
- Dimensions: 14x13
Bedroom 3
- Features: Dual Closets
- Level: First
- Area: 240 Square Feet
- Dimensions: 15x16
Primary bathroom
- Features: En Suite Bathroom, Linen Closet
- Level: First
- Area: 84 Square Feet
- Dimensions: 7x12
Bonus room
- Features: No Closet
- Level: First
- Area: 288 Square Feet
- Dimensions: 12x24
Dinette
- Features: No Closet
- Level: First
- Area: 72 Square Feet
- Dimensions: 8x9
Dining room
- Features: No Closet
- Level: First
- Area: 72 Square Feet
- Dimensions: 8x9
Kitchen
- Features: No Closet
- Level: First
- Area: 110 Square Feet
- Dimensions: 10x11
Laundry
- Features: No Closet
- Level: First
- Area: 63 Square Feet
- Dimensions: 9x7
Living room
- Features: No Closet
- Level: First
- Area: 80 Square Feet
- Dimensions: 8x10
Heating
- Electric
Cooling
- Central Air
Appliances
- Included: None
- Laundry: Laundry Room
Features
- Primary Bedroom Main Floor
- Flooring: Ceramic Tile
- Has fireplace: No
Interior area
- Total structure area: 3,028
- Total interior livable area: 1,990 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Ground Level
- Attached garage spaces: 2
- Has uncovered spaces: Yes
- Details: Garage Dimensions: 21x21
Features
- Levels: One
- Stories: 1
- Patio & porch: Front Porch, Patio
- Exterior features: Sidewalk
- Has private pool: Yes
- Pool features: Gunite
- Has view: Yes
- View description: Water, Canal
- Has water view: Yes
- Water view: Water,Canal
- Waterfront features: Canal - Brackish, Canal Front, Brackish Canal Access, Saltwater Canal Access
- Body of water: GRAND CANAL
- Frontage length: Canal: 168
Lot
- Size: 0.27 Acres
- Features: Cul-De-Sac
- Residential vegetation: Mature Landscaping
Details
- Parcel number: 0081030021
- Zoning: RSF2
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Mediterranean
- Property subtype: Single Family Residence
Materials
- Stucco
- Foundation: Block
- Roof: Tile
Condition
- New construction: No
- Year built: 1979
Utilities & green energy
- Sewer: Public Sewer
- Water: Canal/Lake For Irrigation
- Utilities for property: Electricity Connected
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: SIESTAS BAYSIDE WATERSIDE EAST
HOA
- Has HOA: No
Location
- Region: Sarasota
Financial & listing details
- Price per square foot: $678/sqft
- Tax assessed value: $1,512,100
- Annual tax amount: $5,889
- Date on market: 6/29/2026
- Cumulative days on market: 3 days
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 7/31/2026 | Sold | $1,350,000$678/sqft |
Source:  Stellar MLS #A4696439 Report a problem | ||
| 7/3/2026 | Pending sale | $1,350,000$678/sqft |
Source: Stellar MLS #A4696439 Report a problem | ||
| 6/29/2026 | Listed for sale | $1,350,000$678/sqft |
Source: Stellar MLS #A4696439 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,889 +3.5% | $490,114 +2.9% |
| 2024 | $5,692 +3.6% | $476,301 +3% |
| 2023 | $5,493 +1.6% | $462,428 +3% |
| 2022 | $5,409 +0.4% | $448,959 +3% |
| 2021 | $5,385 -0.4% | $435,883 +1.4% |
| 2020 | $5,405 +6.7% | $429,865 +5.6% |
| 2019 | $5,067 | $406,906 +1.9% |
| 2018 | $5,067 +2.2% | $399,319 +2.1% |
| 2017 | $4,957 -1.8% | $391,106 -53.2% |
| 2016 | $5,045 | $836,100 -5.8% |
| 2015 | $5,045 | $887,300 +138.6% |
| 2014 | $5,045 +0.4% | $371,803 |
| 2013 | $5,025 +2.7% | $371,803 +1.7% |
| 2012 | $4,891 +4.7% | $365,588 +3% |
| 2011 | $4,672 -1.2% | $354,940 +1.5% |
| 2010 | $4,729 +10.1% | $349,695 +2.7% |
| 2009 | $4,296 | $340,501 +0.1% |
| 2008 | $4,296 -0.9% | $340,161 +3% |
| 2007 | $4,333 | $330,253 +2.5% |
| 2006 | -- | $322,198 +3% |
| 2005 | -- | $312,814 +3% |
| 2004 | $4,540 -1.1% | $303,703 +1.9% |
| 2003 | $4,589 +2.1% | $298,040 +2.4% |
| 2002 | $4,496 +7.5% | $291,055 +1.6% |
| 2001 | $4,181 +2.5% | $286,471 +3% |
| 2000 | $4,078 | $278,127 |
Find assessor info on the county website
Neighborhood: 34242
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Nearby schools
GreatSchools rating
- 9/10Phillippi Shores Elementary SchoolGrades: PK-5Distance: 1.8 mi
- 6/10Brookside Middle SchoolGrades: 6-8Distance: 2.4 mi
- 5/10Sarasota High SchoolGrades: 9-12Distance: 3.5 mi
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Estimated market value
$1,349,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,349,800
- Florida
- Sarasota County
- Siesta Key
- 34242
- 522 COMMONWEALTH LANE
