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Sarasota, FL 34231
About this home
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.
Details
- Property type
- Single Family Residence
- Subdivision
- Madison Park
- County
- Sarasota
- MLS #
- A4710437
- Garage spaces
- 0
- Private pool
- No
- Waterfront
- No
- View
- Park/Greenbelt, Trees/Woods
- Annual taxes
- $4,530 (2025)
- Cooling
- Central Air
- Heating
- Central, Electric
- Flooring
- Ceramic Tile, Laminate, Wood
- Appliances
- Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
- Interior
- 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
- Exterior
- Rain Gutters, Storage
- Furnished
- Unfurnished
Listing courtesy of Coldwell Banker Realty.
Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS. Copyright 2026, Stellar MLS.