IDX

Listed by Veronica Lee · Courtesy of COLDWELL BANKER REALTY · Agent MLS ID# MFR281542453 · Deemed reliable but not guaranteed. · Listing updated: Oct 24, 2026 · 8:49 PM

4842 + LOT 8 & 9 NUTMEG AVE

Sarasota, Sarasota, FL, 34231

Active

$749,900

$465/sqft

3Beds
2Baths
1,612Sq Ft
1984Built
1Days on Market

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!

Facts & Features

MFRA4710437
$749,900
Active
3
2
2
0
1,612 sqft
0.6400
1984
Residential
Single Family Residence
Traditional

Community Information

4842 + LOT 8 & 9 NUTMEG AVE
Madison Park
Sarasota
Sarasota
FL
34231
No

Amenities

N/A
N/A
No
No
No

Interior

Ceiling Fans(s), High Ceilings, Open Floorplan, Solid Wood Cabinets, Living Room/Dining Room Combo, Stone Counters, Thermostat, Window Treatments, Solid Surface Counters, Primary Bedroom Main Floor
Central, Electric
Central Air
Laminate, Ceramic Tile, Wood
N/A
1
Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Electric Water Heater, Range

Exterior

Rain Gutters, Storage
Wood Siding, Frame
Slab
Shingle
Fenced, Wood
In County, Oversized Lot, Cleared, Street Dead-End, Rectangle

School Information

Wilkinson Elementary
Brookside Middle
Riverview High

Additional Information

October 23, 2026
1
RSF3
East
No

Mortgage Calculator

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This calculator provides estimates for informational purposes only and is not a loan offer, pre-approval, or commitment to lend. Actual rates, payments, and loan terms vary by lender and are subject to credit approval, income/asset verification, and market conditions. Property tax and homeowners insurance shown are estimates and may differ. PMI applies when the down payment is under 20%. For an official Loan Estimate, contact a licensed mortgage lender. COLDWELL BANKER REALTY is a licensed real estate brokerage, not a mortgage lender. Equal Housing Opportunity.

1 day on market

Listing updated: Oct 24, 2026 · 8:49 PM

Listed by: Veronica Lee · 609-651-0305—COLDWELL BANKER REALTY · 941-366-8070

Updated from Real Estate Market Data

Location

Ahmed ElbatrawyAhmed ElbatrawyEmpire Network Realty

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