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Property
Beds
3
Full Baths
2
1/2 Baths
None
Year Built
1984
Sq.Footage
1,612
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!
Features & Amenities
Interior
-
Other Interior Features
High Ceilings, Open Floorplan, Stone Counters
-
Total Bedrooms
3
-
Bathrooms
2
-
Cooling YN
YES
-
Cooling
Central Air
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Central, Electric
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Frame, Wood Siding
-
Other Exterior Features
Rain Gutters, Storage
-
Parking
Boat, Driveway, RV Access/Parking
-
Patio and Porch Features
Patio, Rear Porch
-
Pool
No
-
Waterfront YN
NO
-
View
Park/Greenbelt, Trees/Woods
Area & Lot
-
Lot Features
Cleared
-
Lot Size(acres)
0.64
-
Lot Size(square feet)
27,600
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
-
Architectural Style
Traditional
Price
-
Sales Price
$749,900
-
Tax Amount
$4,530
-
Financing Options
Cash, Conventional, FHA, VA Loan
-
Sq. Footage
1,612
-
Price/SqFt
$465
HOA
-
Association
No
School District
-
Elementary School
Wilkinson Elementary
-
Middle School
Brookside Middle
-
High School
Riverview High
Property Features
-
Stories
1
-
New Construction
NO
-
Foundation Details
Slab
-
Ownership
Fee Simple
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
10
-
Water Source
Public
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Location
County
Sarasota
Elementary School
Wilkinson Elementary
Middle School
Brookside Middle
High School
Riverview High
Listing Courtesy of Veronica Lee, COLDWELL BANKER REALTY
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Michael Graf
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