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4842 + LOT 8 & 9 NUTMEG AVENUE, SARASOTA, FL - photo 1

$749,900

4842 + LOT 8 & 9 NUTMEG AVENUE

SARASOTA, FL 34231

Estimated payment $4,367/month

no HOA · estimated tax · estimated insurance · 20% down, 6.5%, 30 yr

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3Beds
2Baths
1,612Sq Ft
$465Price/Sq Ft

Preferred partner

Kinsfolk Realty

Kinsfolk Signature Realty

Powered by Hometrino

(813) 602-0498

Highlights

No HOA
Built in 1984
27,600 sqft Lot

About This Home

Package Deal: Two listings (MLS 467828 and MLS A469421) are combined into this listing. This listing includes PID 87030036 and 87030038. Rare 27,600 SqFt Sanctuary in Sarasota, FL – Move-In Ready 3BD+Den Home & Adjacent Double Lot Steps from Red Bug Slough Preserve! Don't miss this rare opportunity to own two double-lot parcels totaling an expansive 27,600 sq. ft. (over 0.63 acres) in Madison Park, Sarasota, FL! Perfectly positioned on a quiet dead-end street in central Sarasota, this combined offering includes the move-in-ready residence at 4842 Nutmeg Ave (13,800 sq. ft. double lot) and the adjacent buildable double lot at Lots 8 & 9 (13,800 sq. ft.), all within minutes of world-famous quartz-sand Siesta Key Beach, vibrant Downtown Sarasota, and Sarasota Memorial Hospital. Central Prime Location | 3 Bed + Den | 2 Bath | 27,600 Sq. Ft. Combined | Privacy | Nature in Your Front Yard If you’ve been looking for a property that feels like a private retreat yet keeps you close to the very best of Sarasota, this is the one. Discover a rare blend of privacy, natural beauty, and effortless Sarasota living. Inside the residence, hardwood floors lead to an inviting living room with a vaulted ceiling, paired with an upgraded kitchen featuring granite countertops, quality custom-made cabinetry, stainless steel appliances, and recessed lighting. The spacious primary suite opens to a private patio, creating a peaceful setting for morning coffee or evening relaxation. A new roof installed in December 2025 and new AC installed in 2023 provide added peace of mind. Set across a combined 27,600 sq. ft. footprint, this unique package provides exceptional potential for an expansive private compound, a future custom pool, lush garden retreat, guest house, or outdoor entertaining oasis. Just steps from Red Bug Slough Preserve, this property delivers a true Old Florida lifestyle with nature right at your doorstep. The 72-acre preserve features more than 3 miles of paved and shaded trails through hammocks and pine flatwoods, a tranquil lake, birdwatching along the Great Florida Birding Trail, a butterfly garden, playground, fishing pier, and picnic shelters. Enjoy central Sarasota’s prime location with peaceful surroundings and convenient access to: * Siesta Key Beach: 5 miles * Sarasota Memorial Hospital: 4.5 miles * Downtown Sarasota & the Bayfront: 6.5 miles Whether you spend your days walking the trails, biking, birdwatching, fishing, or heading to the beach, this move-in-ready sanctuary and expansive double-parcel estate offers an EXCEPTIONAL Sarasota lifestyle!

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Facts & features

Bedrooms & bathrooms

  • •Bedrooms:3
  • •Bathrooms:2
  • •Full bathrooms:0

Heating

  • •Has Heating:Yes

Interior area

  • •Total structure area:1,612 sqft
  • •Total interior livable area:1,612 sqft

Parking

  • •Parking features:N/A
  • •Garage spaces:0
  • •Has attached garage:No

Lot

  • •Size:27,600 sqft

Details

  • •Parcel number:N/A

Type & style

  • •Home type:Single Family Residence
  • •Property subtype:Residential

Materials

  • • N/A

Condition

  • •Year built:1984

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Price history

DateEventPrice
2026-10-23T00:00:00.000ZListed for sale$749,900$465/sqft

Listing Agent

Veronica Lee

COLDWELL BANKER REALTY

Brokerage Phone: 941-366-8070

Source: Stellar MLS · MLS #A4710437

Data Powered by Home Junction, Inc.

Nearby

Schools

SUNCOAST TECHNICAL COLLEGE

High · 0.6 mi

SARASOTA VIRTUAL ACADEMY (VIRTUAL FRANCHISE)

Elementary · 0.6 mi

SUNCOAST POLYTECHNICAL HIGH SCHOOL

High · 0.7 mi

Supermarkets

Lee's Food Store & Ice

0.8 mi

Sarasota Pure Water Company

0.8 mi

European Mini Market

0.9 mi

Dining

Thyme For Dinner Sarasota

0.2 mi

Fla Deli

0.3 mi

Stella's Greek Cuisine

0.3 mi

Parks

Red Bug Slough Preserve

0.1 mi

Bee Ridge Park

0.5 mi

Phillipi Shores Park

1.6 mi

Beaches

Crescent Beach

2.7 mi

Cresent Beach

2.9 mi

Siesta Beach

3.0 mi

Nearby amenity locations include data © OpenStreetMap contributors.