$539,900
$45K PRICE DROP

5165 Coral Reef Way Bradenton, FL 34211

Estimated payment $3,562/month

Total Views 2,791
4 Beds
3 Baths
2,027 Sq Ft
$266 Price per Sq Ft

Highlights

  • Fitness Center
  • Lake View
  • Clubhouse
  • B.D. Gullett Elementary School Rated A-
  • Open Floorplan
  • Corner Lot

About This Home

Nestled in the prestigious community of Lorraine Lakes in Lakewood Ranch, this stunning 4-bedroom, 3-bath home, built in 2023, offers over 2,000 square feet of luxurious living space. Recognized as one of the top master-planned communities in the nation, Lakewood Ranch boasts an amazing school district and a vibrant, welcoming environment.

The home features dual en-suites, perfect for multigenerational living, and a primary suite with an extra-large shower and dual vanities. Natural gas is a luxurious addition in Florida, and the cabinetry in all three bathrooms is topped with beautiful granite countertops. Additionally, unlike many new construction homes in the area, this home already has gutters conveniently installed.

The home's interior is freshly painted in bright, inviting colors and custom light fixtures and plantation shutters add a personal touch throughout. The widened driveway and spacious fenced backyard on an oversized corner lot offer plenty of outdoor space, with serene views of the lake. There has been an abundance of landscaping added to the backyard as well as to meticulously plan for future privacy.

The kitchen is a chef's dream, featuring modern appliances, a large island, and abundant storage. The living area flows seamlessly into the outdoor living space, perfect for entertaining or simply enjoying the peaceful lake views.

Lorraine Lakes offers a lifestyle unmatched in the area with amenities such as a massive clubhouse, fitness center, resort-style pool, splash pad, lap pool, indoor basketball court, arcade, tennis and pickleball courts, bocce, volleyball, a well-maintained restaurant, and more.

Whether you're looking for a peaceful place to call home or a vibrant neighborhood with activities at every turn, this home truly offers it all in one of the nation’s top master-planned communities.

Listing Agent

Johnny Hopper

PREFERRED SHORE LLC Brokerage Phone: 941-999-1179 License #3432269 Listed on: 05/08/2025

PREFERRED SHORE LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,951

Year Built

  • Built in 2023

Lot Details

  • 10,393 Sq Ft Lot
  • Northwest Facing Home
  • Corner Lot

HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Tile Roof
  • Block Exterior

Interior Spaces

  • 2,027 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Lake Views
  • Hurricane or Storm Shutters
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Schools

  • Gullett Elementary School
  • Nolan Middle School
  • Lakewood Ranch High School

Utilities

  • Central Air
  • Heat Pump System
  • Underground Utilities
  • Natural Gas Connected
  • Tankless Water Heater
  • Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-Hour Guard, cable TV, pool, escrow reserves fund, internet, ground maintenance, management, recreational facilities
  • Anne Marlow Association, Phone Number (941) 777-7153
  • Lorraine Lakes Master Association
  • Built by Lennar
  • Lorraine Lakes Ph I Subdivision, Trevi Floorplan
  • Lakewood Ranch Community
  • The community has rules related to deed restrictions, allowable golf cart usage in the community

Amenities

  • Restaurant
  • Clubhouse
  • Community Mailbox

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Pickleball Courts
  • Racquetball
  • Community Playground
  • Fitness Center
  • Community Pool

Security

  • Security Guard

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,951

Year Built

Built in 2023

Lot Details

0

HOA Fees

$409 per month

Parking

2

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Cable TV, Pool, Escrow Reserves Fund, Internet, Maintenance Grounds, Management, Recreational Facilities
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2027
  • Lot Size Acres: 0.24
  • New Construction: No
  • Year Built: 2023
  • Building Area Total: 2624
  • Lot Size Sq Ft: 10393
  • Directions to Property: From SR70 take northbound turn onto Lorraine Rd. take right onto Rangeland followed by left onto Coral Reef House will be first house on your after you pass Blue Crush
  • Status: Active
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 508758250
  • Minimum Lease: 1 Month
  • Number Of Pets: 3
  • RATIO Current Price By Calculate: 266.35
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 941-999-1179
  • Tax Year: 2024
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Split Bedroom, Stone Counters, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Gas Water Heater, Microwave, Range, Refrigerator, Tankless Water Heater
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Other Equipment: Irrigation Equipment
  • Stories: 1
  • Window Features: Blinds
  • Street Number Modifier: 5165
  • Living Area Meters: 188.31
  • Room Count: 7

Exterior Features

  • Direction Faces: Northwest
  • Exterior Features: Hurricane Shutters, Sidewalk, Sliding Doors
  • Roof: Tile
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View: Lake
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Heat Pump
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Community Mailbox, Deed Restrictions, Fitness Center, Gated Community - Guard, Golf Carts OK, Irrigation-Reclaimed Water, Playground, Pool, Restaurant, Sidewalks, Tennis Court(s), Street Lights
  • Association Amenities: Basketball Court, Pickleball Court(s), Racquetball
  • Association Fee: 433
  • Association Fee Frequency: Quarterly
  • Association Name: Anne Marlow
  • Phone: 941-777-7153
  • Association: Yes
  • Senior Community: No
  • Association #2 Fee: 795
  • Association #2 Fee Frequency: Quarterly
  • Association: Lorraine Lakes Master Association
  • Association 2 YN: 1
  • Association Approval Required YN: 0
  • Pet Restrictions: No aggressive breeds leash laws apply
  • Association Fee Requirement: Required
  • Association Email: amarlow@theiconteam.com

Fee Information

  • Total Annual Fees: 4912.00
  • Total Monthly Fees: 409.33
  • Monthly HOA Amount: 144.33

Schools

  • Elementary School: Gullett Elementary
  • High School: Lakewood Ranch High
  • Middle Or Junior School: Nolan Middle

Lot Info

  • Zoning: SFR
  • Parcel Number: 581210809
  • Additional Parcels: No
  • Lot Features: Corner Lot
  • Flood Zone Code: X
  • Homestead YN: 1
  • Lot Size Square Meters: 966

Building Info

  • Builder Name: Lennar

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Please confirm with HOA exact rental restrictions

Tax Info

  • Tax Annual Amount: 1951.37
  • Tax Lot: 216
  • Tax Other Annual Assessment Amount: 1993

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,829 $362,689 -- --
2023 $2,829 $61,200 $61,200 $0
2022 $2,017 $19,970 $19,970 $0
2021 $1,928 $19,970 $19,970 $0
2020 $1,473 $19,970 $19,970 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2025 07/01/25 Price Changed $539,900 -3.6% $266 / Sq Ft
05/20/2025 05/20/25 Price Changed $559,900 -4.3% $276 / Sq Ft
05/08/2025 05/08/25 For Sale $585,000 +16.2% $289 / Sq Ft
01/24/2023 01/24/23 Sold $503,298 0.0% $248 / Sq Ft
01/24/2023 01/24/23 For Sale $503,298 -- $248 / Sq Ft
11/23/2022 11/23/22 Pending -- -- --
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $503,300 Lennar Title
Special Warranty Deed $959,900 --
Special Warranty Deed $26,078,400 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $328,298 VA
Source: Public Records

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Source: Stellar MLS

MLS Number: A4651951

Stellar MLS

APN: 5812-1080-9