4842 + Lot 8 &Amp 9 Nutmeg Avenue Sarasota, FL 34231
Listing Courtesy of: MLS LogoSTELLAR as distributed by MLS GRID / Listed By: Kunhae "K. Veronica" Lee, Coldwell Banker Realty - Contact:  941-366-8070

  4842 + Lot 8 &Amp 9 Nutmeg Avenue Sarasota, FL 34231

Active (21 Days)
$749,900 (USD)
3
BED
2
BATH
1,612
SQFT

Description

Rare 27,600 Sq. Ft. Sanctuary in Sarasota – Move-In Ready Home & Adjacent Double Lot!

This is a rare opportunity to own a massive 0.63-acre footprint in the heart of Sarasota. This unique package deal includes the move-in-ready residence at 4842 Nutmeg Ave (situated on a 13,800 sq. ft. double lot) plus the adjacent double lot (Lots 8 & 9, also 13,800 sq. ft.). Tucked away on a dead-end street in Madison Park, this combined offering provides the space and privacy of a secluded retreat while keeping you minutes from Siesta Key’s famous quartz sands and the vibrant energy of Downtown Sarasota.

There is also potential for additional footage: a petition for a Right-of-Way vacation could add approximately 6,000 sq. ft., potentially bringing your total estate to a sprawling 33,700 sq. ft. (0.77 acres).

The residence itself is designed for comfort and style. Warm hardwood floors flow through an inviting living area with vaulted ceilings, leading to a modern kitchen outfitted with granite countertops, custom cabinetry, stainless steel appliances, and recessed lighting. The primary suite serves as a true escape, opening directly onto a private patio—the perfect spot for a morning coffee surrounded by greenery. With a brand-new roof (installed December 2023) and a new AC (2023), the home is truly turn-key.

Outside, the possibilities are endless. With over 27,000 sq. ft. of land, you have the canvas to create an expansive private compound, a custom pool oasis, a guest house, or a lush tropical garden.

Nature is literally at your doorstep. The property is positioned just moments from the 72-acre Red Bug Slough Preserve. You’ll have easy access to miles of shaded trails, a tranquil lake, a butterfly garden, a fishing pier, and picnic spots. It’s a slice of Old Florida living that is increasingly hard to find.

Enjoy the best of the Gulf Coast from this central hub:

Siesta Key Beach: 5 miles
Sarasota Memorial Hospital: 4.5 miles
Downtown Sarasota & the Bayfront: 6.5 miles
Whether you are looking for a move-in-ready sanctuary with room to grow or a massive lot to build your dream estate, this double-parcel package offers an exceptional Sarasota lifestyle.

Package Deal includes PIDs 87030036 and 87030038.

MLS #:
A4710437
Taxes
$4,530(2025)
Lot Size
0.63 acres
Type
Single-Family Home
Year Built
1984
Style
Traditional
Views
Trees/Woods, Park/Greenbelt
County
Sarasota County

Listed By

Kunhae "K. Veronica" Lee, Coldwell Banker Realty, Contact: 941-366-8070
Source
STELLAR
Last checked Nov 13 2026 at 2:51 PM GMT+0000
Bathroom Details
  • Full Bathrooms: 2
Interior Features
  • Great Room
  • Unfurnished
  • Stone Counters
  • Solid Wood Cabinets
  • Solid Surface Counters
  • Bonus Room
  • Den/Library/Office
  • Living Room/Dining Room Combo
  • Window Treatments
  • Appliances: Dishwasher
  • Appliances: Electric Water Heater
  • Appliances: Refrigerator
  • Appliances: Washer
  • Ceiling Fans(s)
  • Open Floorplan
  • Appliances: Disposal
  • Appliances: Microwave
  • Appliances: Range
  • Appliances: Dryer
  • Thermostat
  • High Ceilings
  • Primary Bedroom Main Floor
Subdivision
  • Madison Park
Lot Information
  • Street Dead-End
  • In County
  • Oversized Lot
  • Cleared
  • Rectangle
Property Features
  • Foundation: Slab
Heating and Cooling
  • Central
  • Electric
  • Central Air
Flooring
  • Ceramic Tile
  • Laminate
  • Wood
Exterior Features
  • Frame
  • Wood Siding
  • Roof: Shingle
Utility Information
  • Utilities: Cable Connected, Public, Water Connected, Water Source: Public, Electricity Connected, Sewer Connected, Propane
  • Sewer: Public Sewer
School Information
  • Elementary School: Wilkinson Elementary
  • Middle School: Brookside Middle
  • High School: Riverview High
Parking
  • Driveway
  • Boat
  • Rv Access/Parking
Stories
  • 1
Living Area
  • 1,612 sqft
Additional Information: Sarasota Downtown | 941-366-8070
Location
   
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Disclaimer: Listings Courtesy of “My Florida Regional MLS DBA Stellar MLS © 2026. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any other purpose other than to identify properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified. Last Updated: 11/13/26 06:51
Based on information submitted to the MLS GRID as of 11/13/2026 14:51. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.