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Sold for $520,000
  • $520,000

    5129 CORAL REEF WAY, LAKEWOOD RANCH, FL 34211

    3beds
    1,849sqft
    Single Family Residence
    Built in 2023
    7,588 Square Feet Lot
    $475,100 Zestimate®
    $281/sqft
    $3,538 Estimated rent

    Home value

    $475,100

    $447,000 - $508,000

    $3,538/mo

    Zestimate® history
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    What's special

    Lap lane poolGuard gated communityOutdoor basketball courtVolleyball courtResort style poolPutting greenHeart of lakewood ranch
    MOVE IN READY!!!! Lorraine Lakes in the heart of Lakewood Ranch is a brand-new MAINTENANCE FREE, GUARD GATED community with more AMENITIES than you can dream of. This newly built pristine VENICE model is 1,849 square foot single level split floor plan home features 3 bedrooms including expansive master suite, 3 full baths, a large open kitchen, and a two-car garage with a paver stone driveway and tile roof. The expansive kitchen is light and bright with granite countertops, stainless steel appliances, walk-in pantry, and a large island with seating. The adjoining dining room and great room are ideal for socializing and entertaining. The spacious Master features 2 large walk-in closets, has an en suite bath, dual sink vanity, and a large walk-in shower. Elegant design elements and upgrades throughout include beautiful waterfront lot, upgraded cabinets, and much more. Room to build your own private pool or enjoy the community’s resort-style pool without the maintenance. Zoned for A-rated schools. The biggest decision you will have to make is what to do each day… Lorraine Lakes amenities consist of Resort style pool, Lap Lane Pool, Splash Pad, Restaurant, Bar, Coffee Bar, Clubhouse, Indoor Basketball and Volleyball court, Indoor Arcade, Fitness Center, Aerobics room, Putting Green, Tennis Courts, Pickleball Courts, Outdoor Basketball Court, Playground, Bocci Court, Sand Volleyball, Golf cart friendly community, and an Activities director for even more fun. Schedule a showing today! Room Feature: Linen Closet In Bath (Primary Bedroom).

    Zillow last checked:

    Listing updated:

    Listed by:

    Carissa Pelczynski 631-872-3411,

    PREFERRED SHORE LLC 941-999-1179

    Bought with:

    Peter Kondrup, 3539663

    COLDWELL BANKER REALTY

    Source: Stellar MLS,MLS#: A4587592MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Primary bedroom
    • Features: Ceiling Fan(s), En Suite Bathroom, Split Vanities, Water Closet/Priv Toilet, Walk-In Closet(s)
    • Level: First
    • Dimensions: 14x15
    Bedroom 1
    • Features: Ceiling Fan(s), En Suite Bathroom, Built-in Closet
    • Level: First
    • Dimensions: 10x10
    Bedroom 2
    • Features: Built-in Closet
    • Level: First
    • Dimensions: 10x12
    Dining room
    • Level: First
    • Dimensions: 19x13
    Kitchen
    • Features: Granite Counters, Kitchen Island, Pantry
    • Level: First
    • Dimensions: 12x14
    Living room
    • Level: First
    • Dimensions: 18x13
    Heating
    • Electric
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
    Features
    • Ceiling Fan(s), In Wall Pest System, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Solid Surface Counters, Split Bedroom, Stone Counters, Walk-In Closet(s)
    • Flooring: Carpet, Tile
    • Doors: Sliding Doors
    • Windows: Blinds, Window Treatments, Hurricane Shutters
    • Has fireplace: No
    Interior area
    • Total structure area: 2,381
    • Total interior livable area: 1,849 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Driveway, Garage Door Opener
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Front Porch, Screened
    • Exterior features: Irrigation System, Rain Gutters, Sidewalk
    • Has view: Yes
    • View description: Pond
    • Has water view: Yes
    • Water view: Pond
    Lot
    • Size: 7,588 Square Feet
    Details
    • Parcel number: 581211259
    • Zoning: RES
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Mediterranean
    • Property subtype: Single Family Residence
    Materials
    • Block, Stucco
    • Foundation: Block
    • Roof: Tile
    Condition
    • Completed
    • New construction: No
    • Year built: 2023

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Clubhouse, Community Mailbox, Fitness Center, Gated Community - Guard, Golf Carts OK, Irrigation-Reclaimed Water, Playground, Pool, Restaurant, Sidewalks
    • Security: Gated Community
    • Pet fee: $0 monthly
    • Subdivision: LORRAINE LAKES PH I
    HOA
    • Has HOA: Yes
    • Amenities included: Basketball Court, Cable TV, Clubhouse, Fitness Center, Gated, Maintenance, Pickleball Court(s), Playground, Pool, Tennis Court(s)
    • Services included: 24-Hour Guard, Cable TV, Community Pool, Maintenance Structure, Maintenance Grounds, Recreational Facilities
    • HOA fee: $360 monthly
    • HOA name: ICON MANAGEMENT
    • HOA phone: 941-777-7150
    Location
    • Region: Bradenton

    Financial & listing details

    • Price per square foot: $281/sqft
    • Tax assessed value: $411,651
    • Annual tax amount: $2,017
    • Date on market: 10/30/2023
    • Cumulative days on market: 186 days
    • Listing terms: Cash,Conventional,FHA
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Asphalt, Paved

    Price history

    DateEventPrice
    5/30/2024Sold$520,000-1.7%$281/sqft
    Source: Stellar MLS #A4587592 Report a problem
    5/3/2024Pending sale$529,000$286/sqft
    Source: Stellar MLS #A4587592 Report a problem
    4/26/2024Price change$529,000-1.9%$286/sqft
    Source: Stellar MLS #A4587592 Report a problem
    2/6/2024Price change$539,000-1.8%$292/sqft
    Source: Stellar MLS #A4587592 Report a problem
    10/30/2023Listed for sale$549,000+12.7%$297/sqft
    Source: Stellar MLS #A4587592 Report a problem
    2/17/2023Sold$487,300$264/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,804 -3.8%$411,651 -5%
    2024$8,114 +187.2%$433,536 +608.4%
    2023$2,826 +40.1%$61,200 +206.5%
    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
    $475,100
    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
    $475,100