4842 + LOT 8 & 9 NUTMEG AVENUE, Sarasota, FL 34231

• 3 beds |
• 2 baths |
• 1,612 sqft

Property 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.

Listing Status:

Active

Date Added:

October 23, 2026

Data Last Updated:

November 13, 2026 at 12:23AM

Listing Office:

COLDWELL BANKER REALTY : 941-366-8070

Listing Agent:

Veronica Lee : 609-651-0305

Contact:

941-366-8070

MLS ID:

A4710437

Interior

• General: Ceiling Fans(s)High CeilingsLiving Room/Dining Room ComboOpen FloorplanPrimary Bedroom Main FloorSolid Surface CountersSolid Wood CabinetsStone CountersThermostatWindow Treatments
• Rooms: Bonus RoomDen/Library/OfficeGreat Room
• Appliances: DishwasherDisposalDryerElectric Water HeaterMicrowaveRangeRefrigeratorWasher
• Laundry: Laundry Room
• Flooring: Ceramic TileLaminateWood
• A/C: Central Air
• Heating: CentralElectric

Exterior

• General: Rain GuttersStorage
• Style: Traditional
• Other Structures: Shed(s)StorageRear PorchPatio
• Parking: BoatDrivewayRV Access/Parking

Construction

• Roofing: Shingle
• Windows: BlindsWindow Treatments
• General: FrameWood SidingOneSlab

Location

• Road/Access: Concrete
• Originating MLS: Stellar MLS
• County: Sarasota

Lot

• Zoning: RSF3LOTS 10 & 11 BLK C MADISON PARK + LOTS 8 & 9 BLK C MADISON PARK0087030038 + 36
• View: Park/GreenbeltTrees/Woods
• Fencing: FencedWood

Utilities

• Utilities: Cable ConnectedElectricity ConnectedPropanePublicSewer ConnectedWater Connected
• Water: Public
• Sewer: Public Sewer

Financial

• Source: Stellar MLS
• Ownership: Fee Simple