Saw unwrapped red sweet (4)
I believe the answer is:
cute
'sweet' is the definition.
(cute can mean sweet or adorable)
'saw unwrapped red' is the wordplay.
'saw' becomes 'cut' (I've seen this before).
'unwrapped' indicates the central letters (the letters which wrap the word are removed).
The middle of 'red' is 'e'.
'cut'+'e'='CUTE'
(Other definitions for cute that I've seen before include "Shrewd" , "Attractive and quaint (4" , "Winsome" , "Pretty and attractive" , "Daintily pretty" .)