
$749,900
4842 + Lot 8 & 9 Nutmeg AvenueSarasota, FL 34231
Listing updated: October 23, 2026 at 12:47 AM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
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
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
- Status: ActiveOct 23, 2026
- Listed$749,900Oct 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
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
| Room | Level | Dimensions |
|---|---|---|
| Bedroom 2 | 10x13 | |
| Bedroom 3 | 10x12 | |
| Kitchen | 10x19 | |
| Living Room | 16x26 | |
| Primary Bathroom | ||
| Primary Bedroom | 12x13 | |
| Den | 13x14 |
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-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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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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