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Sold for $550,000
  • $550,000

    5230 CORAL REEF WAY, LAKEWOOD RANCH, FL 34211

    4beds
    2,032sqft
    Single Family Residence
    Built in 2023
    8,179 Square Feet Lot
    $509,400 Zestimate®
    $271/sqft
    $4,456 Estimated rent

    Home value

    $509,400

    $484,000 - $535,000

    $4,456/mo

    Zestimate® history
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    What's special

    Pie-shaped lotModern gemSmart home capabilitiesEn-suite bathroomWell-appointed bathroomScreened-in lanaiSprawling backyard
    EXCITING NEWS…PRICE IMPROVEMENT and BRAND NEW-NEVER LIVED IN! Experience this newly built contemporary 4-bedroom, 3-bathroom home. Completed in October 2023, this modern gem is situated on a pie-shaped lot with a sprawling backyard offering a screened-in lanai in the highly sought-after Lorraine Lakes at Lakewood Ranch. This smartly designed Trevi floor plan features a grand foyer with soaring volume ceilings and stylish tile plank floors throughout the main living areas and bathrooms. The open-concept design seamlessly connects the kitchen, dining area, and gathering room, while separating some of the bedrooms creating a space perfect for both entertainment and comfort. The kitchen is a food enthusiast's haven, equipped with stainless steel appliances, quartz countertops, a pull-out shelf for pots and pans, and a spacious walk-in pantry. Elegant white shaker cabinets with crown molding, a central island with pendant lighting, and a great room filled with natural light make this home exude sophistication. The spacious owner's suite is a retreat, offering a generously sized bedroom with two large walk-in closets and an en-suite bathroom with dual vanities, quartz countertops, plus an oversized walk-in shower. Two additional bedrooms share a well-appointed bathroom, while a third bedroom en-suite provides flexibility as an office, den, or guest suite. Additional benefits include smart home capabilities, window coverings, washer and dryer, rain gutters and more! Lawn maintenance assistance, cable and high-speed internet, a 25,000 square foot clubhouse with a coffee lounge, restaurant, indoor/outdoor bar, aerobic center, basketball court, arcade, and a state-of-the-art fitness center with a child's play area are included in your homeowner dues. Outdoor amenities include two pools, a splash pad, poolside bar, tennis and pickleball courts, a putting green, volleyball, bocce ball, and a playground. Don’t miss the opportunity to own a home in the #1 master-planned community for all ages, boasting 150 miles of parks and trails, planned activities, and within minutes to restaurants, world class beaches, UTC shopping district and proximity to top rated schools and more!

    Zillow last checked:

    Listing updated:

    Listed by:

    Barbara A Milian, P.A. 941-504-0660,

    MICHAEL SAUNDERS & COMPANY 941-907-9595

    Bought with:

    David Jarrard, 3500929

    KELLER WILLIAMS ON THE WATER S

    Source: Stellar MLS,MLS#: A4586493MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Primary bedroom
    • Features: Walk-In Closet(s)
    • Level: First
    • Dimensions: 14x15
    Bedroom 2
    • Features: Built-in Closet
    • Level: First
    • Dimensions: 10x10
    Bedroom 3
    • Features: Built-in Closet
    • Level: First
    • Dimensions: 12x12
    Bedroom 4
    • Features: Built-in Closet
    • Level: First
    • Dimensions: 10x10
    Balcony porch lanai
    • Level: First
    • Dimensions: 19x8
    Dining room
    • Level: First
    • Dimensions: 19x13
    Great room
    • Level: First
    • Dimensions: 18x12
    Kitchen
    • Features: Pantry, Kitchen Island
    • Level: First
    • Dimensions: 10x17
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Range, Refrigerator, Tankless Water Heater, Washer
    • Laundry: Inside, Laundry Room
    Features
    • Living Room/Dining Room Combo, Primary Bedroom Main Floor, Open Floorplan, Smart Home, Split Bedroom, Thermostat, Walk-In Closet(s)
    • Flooring: Carpet, Tile
    • Doors: Sliding Doors
    • Windows: Blinds, Window Treatments, Hurricane Shutters
    • Has fireplace: No
    Interior area
    • Total structure area: 2,624
    • Total interior livable area: 2,032 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Driveway, Garage Door Opener
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    • Details: Garage Dimensions: 19x20
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered, Rear Porch, Screened
    • Exterior features: Irrigation System, Lighting, Rain Gutters, Sidewalk
    Lot
    • Size: 8,179 Square Feet
    • Features: In County, Landscaped, Private, Sidewalk
    Details
    • Parcel number: 5812511559
    • Zoning: PD-R
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Block, Stucco
    • Foundation: Slab
    • Roof: Tile
    Condition
    • New construction: No
    • Year built: 2023
    Details
    • Builder model: Trevi
    • Builder name: Lennar

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: BB/HS Internet Available, Cable Available, Electricity Available, Natural Gas Connected, Sewer Available, Underground Utilities, Water Available

    Community & HOA

    Community
    • Features: Clubhouse, Community Mailbox, Deed Restrictions, Fitness Center, Gated Community - No Guard, Playground, Pool, Restaurant, Sidewalks, Special Community Restrictions
    • Security: Gated Community
    • Pet fee: $0 monthly
    • Subdivision: LORRAINE LAKES PH IIB-3 & IIC
    HOA
    • Has HOA: Yes
    • Amenities included: Basketball Court, Cable TV, Clubhouse, Fence Restrictions, Fitness Center, Gated, Pickleball Court(s), Playground, Pool, Spa/Hot Tub, Tennis Court(s), Vehicle Restrictions
    • Services included: Cable TV, Community Pool, Maintenance Grounds, Manager, Pool Maintenance, Recreational Facilities
    • HOA fee: $283 monthly
    • HOA name: Icon Management
    • HOA phone: 941-777-7150
    Location
    • Region: Bradenton

    Financial & listing details

    • Price per square foot: $271/sqft
    • Tax assessed value: $432,122
    • Annual tax amount: $7,076
    • Date on market: 10/20/2023
    • Cumulative days on market: 156 days
    • Listing terms: Cash,Conventional,VA Loan
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    4/26/2024Sold$550,000+0%$271/sqft
    Source: Stellar MLS #A4586493 Report a problem
    3/25/2024Pending sale$549,900$271/sqft
    Source: Stellar MLS #A4586493 Report a problem
    3/8/2024Price change$549,900-1.6%$271/sqft
    Source: Stellar MLS #A4586493 Report a problem
    2/24/2024Price change$559,000-1.1%$275/sqft
    Source: Stellar MLS #A4586493 Report a problem
    1/17/2024Price change$565,000-0.5%$278/sqft
    Source: Stellar MLS #A4586493 Report a problem
    12/8/2023Price change$568,000-0.2%$280/sqft
    Source: Stellar MLS #A4586493 Report a problem
    10/20/2023Listed for sale$569,000+11.6%$280/sqft
    Source: Stellar MLS #A4586493 Report a problem
    10/18/2023Sold$510,000-2.4%$251/sqft
    Source: Public Record Report a problem
    4/24/2023Listing removed--
    Source: Lennar Homes Report a problem
    4/6/2023Listed for sale$522,397$257/sqft
    Source: Lennar Homes Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,541 -10.7%$432,122 -5.3%
    2024$8,443 +299.7%$456,511 +3711.6%
    2023$2,112 $11,977
    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
    $509,400
    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
    $509,400