4842 + LOT 8 & 9 NUTMEG AVE Sarasota, FL 34231
3 Beds
2 Baths
1,612 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,612 sqft
Price per Sqft $465
Subdivision Madison Park
MLS Listing ID A4710437
Bedrooms 3
Full Baths 2
HOA Y/N No
Year Built 1984
Annual Tax Amount $4,530
Lot Size 0.640 Acres
Acres 0.64
Property Sub-Type Single Family Residence
Source Stellar MLS
Property Description
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.
Location
State FL
County Sarasota
Community Madison Park
Area 34231 - Sarasota/Gulf Gate Branch
Zoning RSF3
Rooms
Other Rooms Bonus Room, Den/Library/Office, Great Room
Interior
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
Heating Central, Electric
Cooling Central Air
Flooring Ceramic Tile, Laminate, Wood
Furnishings Unfurnished
Fireplace false
Appliance Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Laundry Laundry Room
Exterior
Exterior Feature Rain Gutters, Storage
Parking Features Boat, Driveway, RV Access/Parking
Fence Fenced, Wood
Utilities Available Cable Connected, Electricity Connected, Propane, Public, Sewer Connected, Water Connected
View Y/N No
Water Access No
View Park/Greenbelt, Trees/Woods
Roof Type Shingle
Porch Patio, Rear Porch
Exposure East
Garage false
Private Pool No
Building
Lot Description Cleared, In County, Oversized Lot, Rectangle, Street Dead-End
Story 1
Entry Level One
Foundation Slab
Lot Size Range 1/2 to less than 1
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories One
Structure Type Frame,Wood Siding
New Construction false
Schools
Elementary Schools Wilkinson Elementary
Middle Schools Brookside Middle
High Schools Riverview High
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, VA Loan
Membership Fee Required None
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4710437
