4842 + Lot 8 & 9 Nutmeg Avenue, FL
Stellar MLS
1 / 1

$749,900

4842 + Lot 8 & 9 Nutmeg AvenueSarasota, FL 34231

Listing updated: October 23, 2026 at 12:47 AM ET

Active
Stellar MLSListing courtesy of Coldwell Banker Realty · Veronica Lee · MLS #A4710437 · Active · 941-366-8070
3
Beds
2
Baths
1,612
Sq Ft
0.64
Acres
1984
Built
◆$465/sqft
Single Family Residence

Property type

1984

Year built

27,600 sqft

Lot size

$465

Price / sq ft

No HOA

HOA dues

0

Days on market

X

Flood zone

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!

Estimated monthly payment

Principal & interest$3,792
Property taxes$378
Home insurance (est.)$344

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history0 days on market

  1. Status: Active
    Oct 23, 2026
  2. Listed$749,900
    Oct 23, 2026

Facts & features

Property type
Residential
Sub type
Single Family Residence
Status
Active
Days on market
0
Subdivision
Madison Park
County
Sarasota
Year built
1984
Living area
1,612 sq ft
Price/sq ft
$465
Building area
1,802 sq ft (Public Records)
Lot size
27,600 sq ft
Lot category
1/2 to less than 1
Flood zone
X (12115C0142F)
Annual taxes
$4,530 (2025)
Parcel #
0087030038 + 36
Zoning
RSF3
MLS #
A4710437

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Interior Details

Bedrooms
3
Full bathrooms
2
Flooring
Ceramic Tile, Laminate, Wood
Appliances
Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Interior features
Ceiling Fans(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
Laundry Room
Stories / Levels
One
Direction faces
East

Heating & Cooling

Heating
Central, Electric
Cooling
Central Air

Parking

Garage spaces
0
Parking features
Boat, Driveway, RV Access/Parking
Carport
Yes

HOA & Financial

Total monthly fees
None
Total annual fees
None
CDD
No
Homestead exemption
Yes
Min lease term
1 Month
Listing terms
Cash, Conventional, FHA, VA Loan
Ownership
Fee Simple
Available for lease
Yes
Lease restrictions
No

Exterior & Construction

Exterior features
Rain Gutters, Storage
Construction materials
Frame, Wood Siding
Roof
Shingle
Foundation
Slab
Road surface
Concrete

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
Cable Connected, Electricity Connected, Propane, Public, Sewer Connected, Water Connected

Schools

ElementaryWilkinson ElementaryGreatSchools ↗
MiddleBrookside MiddleGreatSchools ↗
High SchoolRiverview HighGreatSchools ↗

Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.

Room Details

RoomLevelDimensions
Bedroom 210x13
Bedroom 310x12
Kitchen10x19
Living Room16x26
Primary Bathroom
Primary Bedroom12x13
Den13x14

Listing Details

Listing date
2026-10-21
On market date
2026-10-23
Original list price
$749,900
Occupant type
Vacant
MLS area
34231 - Sarasota/Gulf Gate Branch
Listing AOR
Sarasota - Manatee
Status changed
2026-10-23
Tax legal description
LOTS 10 & 11 BLK C MADISON PARK + LOTS 8 & 9 BLK C MADISON PARK

Flood risk

Minimal riskFEMA Zone XPanel 12115C0142F

Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

From 41, head East on Proctor, before you get to Beneva, Right on Camphor Ave. Left on to Austin. Left on Nutmeg. Property is at the end of the dead-end street at the end on the left side.

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MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID as of October 23, 2026 at 12:47 AM ET. 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.

All or a portion of the multiple listing information is provided by Stellar MLS, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Stellar MLS. All rights reserved.

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