$749,900

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!

Property details

MLS

Stellar MLS

MLS #

MFRA4710437

Property type

Single Family Residence

Subdivision

MADISON PARK

Status

Active

Days on market

N/A

On market date

October 23, 2026

Stories

N/A

Total bathrooms

2

Garage spaces

N/A

Parking spaces

N/A

Lot size

0.64 acres

Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.