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Under contract
  • Price cut: $31K (7/19)
    $549,000

    5325 CORAL REEF WAY, BRADENTON, FL 34211

    4beds
    2,586sqft
    : 
    $3,942/mo
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    Single Family Residence
    Built in 2022
    8,751 Square Feet Lot
    $531,700 Zestimate®
    $212/sqft
    $417/mo HOA

    What's special

    Picturesque lake viewPrivate lanaiSparkling community poolSpacious primary suitePutting greenConvenient first-floor bedroomSerene water views
    Under contract-accepting backup offers. BEST PRICED TWO STORY IN LORRAINE LAKES!!! Welcome to your dream oasis in the vibrant, master-planned community of Lorraine Lakes at Lakewood Ranch! This beautiful two-story home offers the perfect blend of spacious living and a maintenance-free resort lifestyle, complete with a picturesque lake view that will steal your heart. From the moment you step inside, you will appreciate the bright and airy open-plan kitchen and family room combination, seamlessly designed for everyday living and easy entertaining. The main living areas feature durable, stylish tile flooring, while a ceiling fan keeps the space cool and comfortable. Open the sliding glass doors from the family room to step out onto your private lanai, where you can unwind and take in the serene water views. The main level also includes a convenient first-floor bedroom, perfect for guests or a home office, alongside a full bathroom. Outside, the backyard provides an impressive amount of space, offering plenty of room to add your own private pool down the road. Head upstairs to discover a versatile second-floor family area, also equipped with a ceiling fan, creating the ideal spot for a movie night, play space, or home office. Three bedrooms are located on this level, featuring cozy carpeting and individual ceiling fans for personalized comfort. The spacious primary suite serves as a true retreat, boasting a generous walk-in closet and a private ensuite bathroom complete with dual sinks and a large shower. Living in Lorraine Lakes means embracing a true vacation-at-home lifestyle. This premier community is renowned for its incredible resort-style atmosphere, where a full-time lifestyle director curates an exciting, vibrant calendar of events and activities for all residents. Spend your weekends lounging by the sparkling community pool, grabbing a refreshing drink at the poolside bar, or perfecting your game on the putting green. For those who love to stay active, the options are endless with tennis, pickleball, and beach volleyball courts, alongside a state-of-the-art fitness center that even includes an indoor basketball court. Families will also love the dedicated playground and diverse recreational facilities designed to keep everyone engaged. True convenience is built right in, as the HOA fees generously cover your internet and cable, professional lawn maintenance, and full access to all these spectacular amenities. Do not miss this rare opportunity to enjoy luxury master-planned living in the heart of Lakewood Ranch. Schedule your private showing today and discover why this spectacular property is the perfect place to call home!
    70 days
    |
    1,124
    |
    56
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    George Scarpias 516-330-1949,

    THE KEYES COMPANY - SARASOTA 941-362-4100

    Source: Stellar MLS,MLS#: A4693418MLS LogoOriginating MLS: Orlando Regional

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 3
      Primary bedroom
      • Features: Walk-In Closet(s)
      • Level: Second
      Kitchen
      • Level: First
      Living room
      • Level: First
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Other
      • Laundry: Laundry Room
      Features
      • Ceiling Fan(s), Kitchen/Family Room Combo, PrimaryBedroom Upstairs
      • Flooring: Carpet, Ceramic Tile
      • Doors: Sliding Doors
      • Has fireplace: No
      Interior area
      • Total structure area: 3,318
      • Total interior livable area: 2,586 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage - Attached
      • Attached garage spaces: 2
      Features
      • Levels: Two
      • Stories: 2
      • Exterior features: Sidewalk
      • Has view: Yes
      • View description: Water, Lake
      • Has water view: Yes
      • Water view: Water,Lake
      Lot
      • Size: 8,751 Square Feet
      Details
      • Parcel number: 581223059
      • Zoning: RES
      • Special conditions: None

      Construction

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

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected

      Community & HOA

      Community
      • Pet fee: $0 monthly
      • Subdivision: LORRAINE LAKES PH IIA
      HOA
      • Has HOA: Yes
      • HOA fee: $417 monthly
      • HOA name: Lorraine Lakes Subdivision
      Location
      • Region: Bradenton

      Financial & listing details

      • Price per square foot: $212/sqft
      • Tax assessed value: $480,295
      • Annual tax amount: $8,826
      • Date on market: 5/20/2026
      • Cumulative days on market: 70 days
      • Listing terms: Cash,Conventional
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        $531,700

        $505,000 - $558,000

        $5,706/mo

        Price history

        DateEventPrice
        7/20/2026Contingent$549,000$212/sqft
        Source: Stellar MLS #A4693418 Report a problem
        7/19/2026Price change$549,000-5.3%$212/sqft
        Source: Stellar MLS #A4693418 Report a problem
        6/30/2026Price change$579,999-3.3%$224/sqft
        Source: Stellar MLS #A4693418 Report a problem
        5/20/2026Listed for sale$599,999+14%$232/sqft
        Source: Stellar MLS #A4693418 Report a problem
        7/27/2022Sold$526,300$204/sqft
        Source: Public Record Report a problem
        7/9/2022Listing removed--
        Source: Zillow Rental Network Premium Report a problem
        6/17/2022Listed for rent$4,500$2/sqft
        Source: Zillow Rental Network Premium #A4536174 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$8,827 -4.6%$480,295 -5.8%
        2024$9,249 +4.9%$509,999 +8.6%
        2023$8,817 +204.6%$469,663 +622.6%
        2022$2,895 +58.4%$65,000 +707.8%
        2021$1,827 $8,047
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 34211

        Getting around

        3 / 100
        Car-Dependent
        0 / 100
        No Nearby Transit
        27 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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