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!
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!
Property Details
Price:
$749,900
MLS #:
A4710437
Status:
Active
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
MADISON PARK
Neighborhood:
34231sarasotagulfgatebranch
Listed Date:
Oct 23, 2026
Finished Sq Ft:
1,612
Total Sq Ft:
1,802
Lot Size:
27,600 sqft / 0.64 acres (approx)
Year Built:
1984
See this Listing
Schools
Elementary School:
Wilkinson Elementary
Middle School:
Brookside Middle
High School:
Riverview High
Interior
Appliances
Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Bathrooms
2 Full Bathrooms
Cooling
Central Air
Flooring
Ceramic Tile, Laminate, Hardwood
Heating
Central, Electric
Interior Features
Ceiling Fan(s), High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Stone Counters, Thermostat, Window Treatments
Laundry Features
Laundry Room
Levels
One
Exterior
Architectural Style
Traditional
Construction Materials
Wood Frame, Wood Siding
Direction Faces
East
Exterior Features
Rain Gutters, Sliding Doors, Storage
Fencing
Fenced, Wood
Lot Features
Cleared, In County, Oversized Lot, Rectangular Lot, Street Dead-End
Open Parking YN
1
Other Structures
Shed(s), Storage
Parking Features
Boat, Driveway, RV Parking
Patio And Porch Features
Patio, Rear Porch
Roof
Shingle
View
Park/Greenbelt, Trees/Woods
Window Features
Blinds, Window Treatments
Financial
Tax Year
2025
Taxes
$4,530
Map
Community
- Address4842 + LOT 8 & 9 NUTMEG AVENUE SARASOTA FL
- SubdivisionMADISON PARK
- CitySARASOTA
- CountySarasota
- Zip Code34231
Market Summary
Current real estate data for Single Family in SARASOTA as of Nov 03, 2026
1,830
Single Family Listed
116
Avg DOM
476
Avg $ / SqFt
$1,424,784
Avg List Price
Property Summary
- Located in the MADISON PARK subdivision, 4842 + LOT 8 & 9 NUTMEG AVENUE SARASOTA FL is a Single Family for sale in SARASOTA, FL, 34231. It is listed for $749,900 and features 3 beds, 2 baths, and has approximately 1,612 square feet of living space, and was originally constructed in 1984. The current price per square foot is $465. The average price per square foot for Single Family listings in SARASOTA is $476. The average listing price for Single Family in SARASOTA is $1,424,784. To schedule a showing of MLS#a4710437 at 4842 + LOT 8 & 9 NUTMEG AVENUE in SARASOTA, FL, contact your CENTURY 21 Carioti agent at 2392986550.
Similar Listings Nearby
Courtesy of COLDWELL BANKER REALTY. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Orlando/Tampa – FL. All rights reserved. 4842 + LOT 8 & 9 NUTMEG AVENUE
SARASOTA, FL
