Pending

$1,350,000

522 Commonwealth Ln, Sarasota, FL 34242

3beds

1,990sqft

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Single Family Residence

Built in 1979

0.27 Acres Lot

$1,313,400 Zestimate^®

$678/sqft

$-- HOA

What's special

Peaceful cul-de-sacLong water viewsExceptional ease of egress

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.

12 days

733

53

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: 12 days
Listing terms: Cash,Conventional
Ownership: Fee Simple
Total actual rent: 0
Electric utility on property: Yes
Road surface type: Paved

Estimated market value

$1,313,400

$1.25M - $1.38M

$7,058/mo

Price history

Date	Event	Price
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

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