Back 522 Commonwealth Lane
Off Market

522 Commonwealth Lane

Siesta Key FL 34242

3
3
2
3028 sq. ft.
11558 sq. ft.
Single-Family
Last sold for $1,350,000
Karen WhitakerKaren Whitaker, last sold this property on 31 July 2026 after 31 days on market.

Overview

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.

Features

3 bedrooms
3 bathrooms
2 carspaces
2 garage spaces
3028 sq. ft. floor area
11558 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Siesta Key over the last 12 months, the estimated median property value of 522 Commonwealth Lane is $1.43m.

Median value
$1.43m
Estimated value range
$500k - $5.25m
Median days on market
85
Estimated value trend
19%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Siesta Key. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 522 Commonwealth Lane

2026
Sold
$1,350,000
31 Jul 2026 by Karen Whitaker, of PREMIER SOTHEBYS INTL REALTY

Happy sellers in Siesta Key

90%
90% of sellers in Siesta Key reported that their sale price either exceeded or met their price expectations.

Siesta Key stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 13 reviews in Siesta Key over the last 12 months.

Local market activity for 3 bedroom single-family properties in Siesta Key

In the last 12 months, 67 three-bedroom single-family properties similar to 522 Commonwealth Lane, have been sold.

This represents a 15% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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