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.