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$499,000

4842 NUTMEG AVENUE, SARASOTA, FL 34231

3D Tour
Active33 days on market

Beds

3

Baths

2

Sq Ft

1,611 sq ft

Year Built

1984

Lot Size

0.32 acres

Garage

About This Property

Oasis in the Heart of Sarasota Central Prime Location | 3 Bed + Den | 2 Bath | 13,800 Sq Ft Lot | Privacy | Nature in Your Front Yard If you’ve been looking for a home that feels like a private retreat yet keeps you close to everything Sarasota has to offer, this is the one. Discover a rare blend of privacy, natural beauty, and effortless Sarasota living in this move-in-ready home. Perfectly positioned on a quiet dead-end street, this secluded retreat offers a serene escape with seamless access to the very best of Florida’s Gulf Coast. Inside, hardwood floors lead to a living room with vaulted ceiling, 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 provides added peace of mind. Set on a generous 13,800 sq ft double lot, the property offers exceptional potential for a future pool, lush garden retreat, or outdoor entertaining space. Steps from Red Bug Slough Preserve, this home delivers a true Old Florida lifestyle with nature right at your doorstep. Red Bug Slough Preserve spans 72 acres and features more than 3 miles of paved and shaded trails through hammocks and pine flatwoods, a tranquil lake, birdwatching along the Florida Birding Trail, a butterfly garden, playground, fishing pier, and picnic shelters. Enjoy a 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 and 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 offers an exceptional Sarasota lifestyle.

Property Overview

Property TypeResidential
Sub TypeSingle Family Residence
MLS #A4697828
StatusActive
Year Built1984
Stories1
Total Rooms6
ConstructionWood Frame
RoofShingle
FoundationSlab
FacesEast
SubdivisionMADISON PARK
CountySarasota
OwnershipFee Simple

Interior Features

InteriorLiving Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, Stone Counters, Vaulted Ceiling(s)
FlooringCeramic Tile, Laminate, Hardwood
AppliancesDishwasher, Microwave, Range, Range Hood, Refrigerator
LaundryLaundry Room
CoolingCentral Air
HeatingElectric

Exterior & Lot

ExteriorGarden, Lighting, Rain Gutters
FencingFenced, Wood
Lot Size0.32 acres (13,800 sq ft)
Road SurfacePaved, Concrete
ViewPark/Greenbelt, Trees/Woods
0

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesBB/HS Internet Available, Electricity Connected, Propane, Public, Sewer Connected, Water Connected

Parking

GarageNo

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$499,000
Original Price$525,000
Annual Taxes$2,756 (2025)
FinancingCash, Conventional, FHA
ZoningRSF3
Parcel #0087030038

Schools

ElementaryWilkinson Elementary
MiddleBrookside Middle
HighRiverview High

Directions

From 41, head East on Proctor, before you get to Beneva, Right on Camphor Ave. Left on to Austin. Left on Nutmeg. Property is at the end of the dead-end street at the end on the left side.

Location

4842 NUTMEG AVENUE, SARASOTA, FL 34231

Listing Information

OfficeCOLDWELL BANKER REALTY
ListedJune 22, 2026

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Home Price

$499,000

20% ($99,800)
6.75%

Loan Term

Principal & Interest$2,589
Property Tax (est.)$457
Insurance (est.)$150
Total Monthly$3,197
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Nearby Schools

How to Buy This Home

Multiple financing options available for this $499,000 home in SARASOTA.

🏛️

FHA Loan

$17,465 Down

Government-backed, low down payment. Credit scores as low as 580.

🏦

Conventional

$24,950 Down

Traditional financing. As low as 3-5% down with good credit.

Florida Down Payment Assistance Programs

You may qualify for up to $35,000 in assistance to cover your down payment and closing costs.

Florida Hometown Heroes

Up to $35,000

First-time buyers working in FL

FL Assist

Up to $10,000

FHA, VA, or USDA borrowers

FL HLP Second Mortgage

Up to $10,000

First-time buyers, 0% deferred

Sarasota County SHIP

Varies

Income-qualifying Sarasota residents

Can You Afford This Home?

Quick check based on the 28% debt-to-income rule. Not a guarantee — just a starting point.

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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: July 25, 2026.

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