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Sold for $550,000
  • $550,000

    5106 CORAL REEF WAY, LAKEWOOD RANCH, FL 34211

    4beds
    2,032sqft
    Single Family Residence
    Built in 2022
    10,886 Square Feet Lot
    $508,200 Zestimate®
    $271/sqft
    $3,667 Estimated rent

    Home value

    $508,200

    $478,000 - $539,000

    $3,667/mo

    Zestimate® history
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    What's special

    Resort-style poolArcade roomState-of-the-art fitness centersLocker roomsLap poolCoffee barPlush carpeting
    Discover Florida living at its finest! This pristine single-level Trevi Model home built in 2022 is nestled within the coveted gated community of Lorraine Lakes. This immaculate residence features 4 bedrooms and 3 full baths across a spacious 2,032 square feet. Inside, you'll find a harmonious blend of tile flooring and plush carpeting in the bedrooms. The open floor plan is highlighted by a generous granite island in the kitchen, equipped with natural gas for the discerning chef. The home also boasts a brand-new Counter Depth Frigidaire refrigerator, adding a touch of modernity to the kitchen. The primary bedroom is a true retreat, featuring two spacious walk-in closets and an oversized shower. There are 3 additional bedrooms, one of which has an en-suite perfect for your guests. Entertaining is a breeze in this lovely abode, perfect for hosting gatherings and enjoying a paradise-like lifestyle right at home. Residents of Lorraine Lakes are privileged with a wide array of amenities, including pickleball, basketball, tennis, volleyball, bocce ball, a playground, lap pool, resort-style pool, a kiddie splash pad/pool, and state-of-the-art fitness centers with locker rooms and saunas. You can also take advantage of the arcade room, coffee bar, tiki bar and an indoor restaurant for your convenience. Conveniently located, you're just minutes away from grocery stores, a plethora of shops, and an enticing selection of restaurants. The renowned UTC shopping mall is also within easy reach. Additionally, I-75 is a mere 10-minute drive away, making transportation a breeze. Your guests will be delighted to visit as the beautiful beaches and the vibrant city of Sarasota are only a 25-minute drive away. Pack your bags; this remarkable home is ready to welcome you to a lifestyle of comfort and luxury!

    Zillow last checked:

    Listing updated:

    Listed by:

    Candi Perry 941-281-5567,

    FINE PROPERTIES 941-782-0000

    Bought with:

    Kelly Fullick, 3551973

    KW COASTAL LIVING III

    Source: Stellar MLS,MLS#: A4584670MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Primary bedroom
    • Features: Exhaust Fan, Walk-In Closet(s)
    • Level: First
    • Dimensions: 14x15
    Bedroom 3
    • Level: First
    • Dimensions: 12x12
    Bedroom 4
    • Level: First
    • Dimensions: 10x10
    Bathroom 2
    • Level: First
    • Dimensions: 10x10
    Balcony porch lanai
    • Level: First
    • Dimensions: 19x8
    Dining room
    • Level: First
    • Dimensions: 19x13
    Kitchen
    • Features: Pantry
    • Level: First
    • Dimensions: 12x9
    Living room
    • Level: First
    • Dimensions: 18x12
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Tankless Water Heater, Washer
    • Laundry: Inside, Laundry Room
    Features
    • Ceiling Fan(s), High Ceilings, In Wall Pest System, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Open Floorplan, Solid Wood Cabinets, Stone Counters, Tray Ceiling(s)
    • Flooring: Carpet, Ceramic Tile
    • Doors: Sliding Doors
    • Windows: Blinds, Hurricane Shutters
    • Has fireplace: No
    Interior area
    • Total structure area: 2,624
    • Total interior livable area: 2,032 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    • Attached garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Irrigation System, Rain Gutters, Sidewalk
    • Has view: Yes
    • View description: Water, Pond
    • Has water view: Yes
    • Water view: Water,Pond
    Lot
    • Size: 10,886 Square Feet
    • Features: Corner Lot
    Details
    • Parcel number: 581210309
    • Zoning: RES
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Block
    • Foundation: Slab
    • Roof: Tile
    Condition
    • New construction: No
    • Year built: 2022

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Sprinkler Meter, Street Lights, Underground Utilities, Water Connected

    Community & HOA

    Community
    • Features: Clubhouse, Community Mailbox, Deed Restrictions, Fitness Center, Gated Community - Guard, Golf Carts OK, Irrigation-Reclaimed Water, Playground, Pool, Restaurant, Sidewalks
    • Security: Smoke Detector(s)
    • Pet fee: $0 monthly
    • Subdivision: LORRAINE LAKES PH I
    HOA
    • Has HOA: Yes
    • Amenities included: Basketball Court, Clubhouse, Fitness Center, Gated, Lobby Key Required, Pickleball Court(s), Playground, Pool, Recreation Facilities, Sauna, Security, Spa/Hot Tub, Tennis Court(s), Wheelchair Access
    • Services included: 24-Hour Guard, Cable TV, Common Area Taxes, Community Pool, Internet, Maintenance Grounds, Manager, Pool Maintenance, Recreational Facilities
    • HOA fee: $319 monthly
    • HOA name: Lorraine Lakes
    • Second HOA name: LORRAINE LAKES HOA/ JESSILYN QUIGLEY
    • Second HOA phone: 941-777-7150
    Location
    • Region: Bradenton

    Financial & listing details

    • Price per square foot: $271/sqft
    • Tax assessed value: $427,792
    • Annual tax amount: $2,016
    • Date on market: 11/1/2023
    • Cumulative days on market: 57 days
    • Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    1/10/2024Sold$550,000-3.3%$271/sqft
    Source: Stellar MLS #A4584670 Report a problem
    12/28/2023Pending sale$568,900$280/sqft
    Source: Stellar MLS #A4584670 Report a problem
    11/29/2023Price change$568,900-1.9%$280/sqft
    Source: Stellar MLS #A4584670 Report a problem
    11/1/2023Listed for sale$579,900+15.5%$285/sqft
    Source: Stellar MLS #A4584670 Report a problem
    7/22/2022Sold$502,000+24.5%$247/sqft
    Source: Public Record Report a problem
    1/26/2022Listing removed--
    Source: Lennar Homes Report a problem
    1/22/2022Price change$403,298+1.3%$198/sqft
    Source: Lennar Homes Report a problem
    1/18/2022Listed for sale$398,298$196/sqft
    Source: Lennar Homes Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,036 +8.3%$427,792 -0.2%
    2024$7,423 +0.9%$428,678 +3%
    2023$7,356 +264.8%$416,192 +1984.1%
    2022$2,017 +0.4%$19,970
    2021$2,008 +36.4%$19,970
    2020$1,473 $19,970
    Find assessor info on the county website

    Neighborhood: 34211

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Gullett Elementary
    • Middle: Dr Mona Jain Middle
    • High: Lakewood Ranch High

    Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $508,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $508,200