4842 + LOT 8 & 9 Nutmeg Avenue, Sarasota, FL 34231

$749,900
3
BD
2
BA
1,612
SqFt

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List Price
$749,900
Status
Active
Days on Market
20
MLS#
A4710437
Property Style
Single Family
Architectural Style
Traditional
Year Built
1984
Bedrooms
3
Bathrooms
2
Living Area
1,612
Lot Size
27,600
Acres
0.64
Total Acreage
1/2 to less than 1
Legal Subdivision Name
Madison Park
Community Name
Madison Park
MLS Area Major
Sarasota/Gulf Gate Branch

Property Description

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.

Additional Information

Taxes
$4530
Minimum Lease
1 Month
Location
Cleared, In County, Oversized Lot, Rectangle, Street Dead-End
Community Features
No Deed Restriction
Property Description
One Story
Zoning
RSF3
Interior Layout
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
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
Floor
Ceramic Tile, Laminate, Wood
Appliances
Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Utilities
Cable Connected, Electricity Connected, Propane, Public, Sewer Connected, Water Connected
Heating
Central, Electric
Air Conditioning
Central Air
Exterior Construction
Frame, Wood Siding
Exterior Features
Rain Gutters, Storage
Roof
Shingle
Foundation
Slab
Pool
No Pool
Garage Features
Boat, Driveway, RV Access/Parking
Elementary School
Wilkinson Elementary
Middle School
Brookside Middle
High School
Riverview High
Fences
Fenced, Wood
Flood Zone Code
X
Parcel ID
0087030038 + 36
Legal Description
LOTS 10 & 11 BLK C MADISON PARK + LOTS 8 & 9 BLK C MADISON PARK

Listing courtesy of COLDWELL BANKER REALTY. 941-366-8070

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