Sell Your Home
Get a free home valuation
Contact
Tell us about your needs

4842 + LOT 8 & 9 NUTMEG AVENUE

House For Sale
$749,900

BTC: 9.43270440

ETH: 308.34703947

2 days
3 bds
2 ba
1,612 sqft

Overview

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!

Location

Details

Type:
Residential
Parking:
Boat / Driveway / RV Parking
Year Built:
1984
Lot:
0.64 Acres
Heating:
Central / Electric
Price/sqft:
$465
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$749,900
$456K – $2.6M
Confidence Low
List vs. estimate
At estimate
List $749,900 · +0.0%
List is in line with recent comparable activity.
Price per sq ft
$465
+45.5% vs. city median $319
Based on
7 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$4,530
2025
View
Park/Greenbelt, Trees/Woods
All facts and features
  • Flooring

    • Ceramic Tile

    • Laminate

    • Hardwood

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Water Heater

    • Microwave

    • Range

    • Refrigerator

    • Washer

    Other 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

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 2

  • Parking

    • Boat

    • Driveway

    • RV Parking

    Property

    • Levels: One

    • Exterior Features: Rain Gutters / Sliding Doors / Storage

    Lot

    • Lot: 0.64 Acres

    Other Property Information

    • Parcel Number: 0087030038 + 36

    • Zoning: RSF3

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Cable Connected

    • Electricity Connected

    • Propane

    • Public

    • Sewer Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $4,530

  • Source details

    • MLS ID: A4710437

    Other facts

    • Construction Materials: Wood Frame / Wood Siding

    • Foundation Details: Slab

    • Laundry Features: Laundry Room

    • Lot Features: Cleared / In County / Oversized Lot / Rectangular Lot / Street Dead-End

    • Patio And Porch Features: Patio / Rear Porch

    • Window Features: Blinds / Window Treatments

    • Direction Faces: East

    • Other Structures: Shed(s) / Storage

    • Architectural Style: Traditional

    • Living Area: 1612

    • Water Source: Public

    • Subdivision Name: MADISON PARK

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

More like this

New
For Sale
$899,000
Lots/Land
3.26 acres
RIO VISTA RESUB, SARASOTA
S BRINK AVENUE
New
For Sale
$749,000
Condo/Co-op
2 bds · 2 ba · 894 sqft
CRESCENT ARMS, SARASOTA
6310 MIDNIGHT PASS ROAD UNIT 403N
New
For Sale
$750,000
House
2 bds · 2 ba · 1,332 sqft
RUSTIC LODGE 3, SARASOTA
2557 TEMPLE STREET
New
For Sale
$599,000
House
3 bds · 2 ba · 2,148 sqft
SOUTH GATE, SARASOTA
3078 SPENCER LANE
New
For Sale
$619,000
Condo/Co-op
2 bds · 2 ba · 1,550 sqft
EXCELSIOR BEACH TO BAY 6, SARASOTA
6287 MIDNIGHT PASS ROAD UNIT 103
New
For Sale
$895,000
House
3 bds · 3 ba · 1,859 sqft
THOMPSON SUB, SARASOTA
2375 DATURA STREET
New
For Sale
$564,900
House
3 bds · 2 ba · 1,822 sqft
GULF GATE PINES, SARASOTA
2295 PINE VIEW CIRCLE
New
For Sale
$789,000
House
4 bds · 3 ba · 2,062 sqft
CORAL COVE, SARASOTA
7313 STARFISH DRIVE

Market around this address

Live counts in the same area.
View all

The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: COLDWELL BANKER REALTY