5409 Coral Reef Way

1,849 Sq. Ft.
$284 / Sq. Ft.
1,849
Sq. Ft.
$284
per Sq. Ft.

Description

Beautiful Turnkey, three-bedroom, 3 bathroom home located in the new and desirable Lorraine Lakes Community in Lakewood Ranch. Just pack your bags and move in! Your new 1849-square-foot lake view home was built in 2022 and is perfect for your vacation home, forever home, or investment property! This property has previously had a rental income of $4500 per month. The gorgeous chef's kitchen is a dream with gas cooking, stylish white cabinets, stainless steel appliances, granite countertops, and a...Beautiful Turnkey, three-bedroom, 3 bathroom home located in the new and desirable Lorraine Lakes Community in Lakewood Ranch. Just pack your bags and move in! Your new 1849-square-foot lake view home was built in 2022 and is perfect for your vacation home, forever home, or investment property! This property has previously had a rental income of $4500 per month. The gorgeous chef's kitchen is a dream with gas cooking, stylish white cabinets, stainless steel appliances, granite countertops, and a spacious island offering room for prep and seating for your guests. The walk-in pantry also adds lots of storage space. The open floor plan and high ceilings allow for plenty of natural Florida sunshine to flow throughout the home and make entertaining a breeze. The Primary Owners suite features plenty of space, stunning views of the lake and boasts two large walk-in closets and en-suite bathroom. The Primary en-suite bathroom includes beautiful stone countertops with dual sinks plus an oversized walk-in shower. Enjoy the early mornings or cool evenings with your favorite drink on your screened-in lanai and enjoy the peaceful lake views. The new Lorriane Lakes amenities include (some are in the process of being built) a lap pool, resort swimming pool, splash pad pool, playground, indoor and outdoor basketball courts, indoor and outdoor volleyball courts, tennis courts, bocce ball, pickleball, putting green, poolside tiki bar and grill, arcade, coffee lounge, sauna and MORE! Schedule your showing today, this on won't last long!
  1. Listed by Patricia Hamilton • Brokerage DRE #1045241 • KELLER WILLIAMS ON THE WATER
    P: (615)-477-7590 C: (615)-477-7590 patriciahamilton@kw.com

Property Details for 5409 Coral Reef Way

Architectural Style
Mediterranean
Subdivision Name
LORRAINE LAKES PH IIA
Township
35S
Garage Spaces
2
View
Water
Waterfront
No
Water View
Lake
Furnished
Turnkey
LISTING CLOSED: 06/23/2023 12:00 AM

Property Details for 5409 Coral Reef Way

StatusSold
MLS #A4570889
Days on Market13
Taxes$2,854 / year
HOA Fees$694 / quarter
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built2022
Lot Size0.18 AC / 7,662 SF
CountyManatee County

Location

Listing Courtesy of KELLER WILLIAMS ON THE WATER, Patricia Hamilton

Sold By BERKSHIRE HATHAWAY HOMESERVICE, Claudia Schwab

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Building Information for 5409 Coral Reef Way

Stories-Year Built2022Building Size-Lot Size0.18 AC / 7,662 SF

Payment Calculator

$3,085 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,616

Property Taxes

$238

HOA Dues

$231

The Payment Calculator is for illustrative purposes only.

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Property Information for 5409 Coral Reef Way

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 2485.0
  • Building Area Units: Square Feet
  • Community Features: Lake, Clubhouse, Deed Restrictions, Fitness Center, Gated, Playground, Pool, Sidewalks, Tennis Court(s)
  • Direction Faces: West
  • Directions: Head west on FL-70 W, Turn right onto Lakewood Ranch Blvd, Turn right onto Rangeland Pkwy, and Turn left onto Coral Reef Way, The home will be on the right
  • Elementary School: Gullett Elementary
  • Middle Or Junior School: Dr Mona Jain Middle
  • High School: Lakewood Ranch High
  • Mls Major Change Type: Sold
  • Major Change Type: Closed
  • Listing Service: Full Service
  • Road Frontage Type: Street Paved
  • Senior Community: No
  • SW Subdiv Community Name: Lakewood Ranch
  • Unit Number: No
  • Street Number: 5409
  • Street Name: CORAL REEF
  • Street Suffix: WAY
  • State: FL
  • City: LAKEWOOD RANCH
Parking
  • Attached Garage: Yes
  • Carport: No
  • Garage: Yes
  • Parking Features: Covered, Driveway, Ground Level, Off Street
Taxes and HOA Information
  • Association Approval Required: Yes
  • Association Fee Includes: Community Pool, Gas, Manager, Pool Maintenance, Private Road, Recreational Facilities
  • Association Fee Requirement: Required
  • Association Name: ICON MANAGEMENT/jessilyn Quigley
  • Association Phone: (941)479-0115
  • Association: Yes
  • CDD: Yes
  • Number Of Pets: 3
  • Pet Restrictions: Please verify all Pet Restrictions with HOA
  • Tax Legal Description: LOT 414, LORRAINE LAKES PH IIA PI #5812.2280/9
  • Tax Lot: 414
  • Tax Other Annual Assessment Amt: $1,716
  • Tax Year: 2022
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Property
Lot Information
  • Additional Parcels: No
  • Lot Features: Cleared, In County, Landscaped, Level, Sidewalk
  • Parcel Number: 581222809
  • Total Acreage: 0 to less than 1/4
  • Water Access: No
  • Water Extras: No
  • Zoning: RES
  • Living Area: 1849
Property and Assessments
  • Year Built Numeric: 2022
  • Association Amenities: Clubhouse, Fitness Center, Gated, Pickleball Court(s), Playground, Pool, Recreation Facilities, Tennis Court(s)
  • Flood Zone Code: X
  • Homestead: No
  • New Construction: No
  • Property Condition: Completed
  • Public Survey Range: 19E
  • Public Survey Section: 15
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Builder Name: Lennar Homes
  • Construction Materials: Stucco
  • Exterior Features: Hurricane Shutters, Lighting, Sidewalk, Sliding Doors
  • Foundation Details: Slab
  • Levels: One
  • Patio And Porch Features: Patio, Screened
  • Pool Private: No
  • Pool: Community
  • Pool Private: Yes
  • Roof: Tile
  • Spa: No
  • Vegetation: Trees/Landscaped
  • Waterfront Features: Lake
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 3
  • Bathrooms Full: 3
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Cooling: Central Air
  • Fireplace: No
  • Flooring: Carpet, Tile
  • Heating: Central
  • Interior Features: Eating Space In Kitchen, High Ceilings, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Walk-In Closet(s), Window Treatments
  • Laundry Features: Laundry Room
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Room Count: 6.0
  • Water View: Yes
  • Bathrooms Half: 0
Rental
Rental Information
  • Minimum Lease Period: 0
  • Pets Allowed: Number Limit, Yes

Property History for 5409 Coral Reef Way

DateEvent & SourcePriceAppreciation
Jun 23, 2023

Sold (Public Record)

Public Record #1513820432

$525,000

+6.2% / yr

Jun 23, 2023

Sold

MFRMLS #A4570889

$525,000—
Jun 2, 2023

Pending

MFRMLS #A4570889

—
DateEvent & SourcePrice
06/23/2023

Sold (Public Record)

Public Record #1513820432

$525,000

+6.2% / yr

06/23/2023

Sold

MFRMLS #A4570889

$525,000
06/02/2023

Pending

MFRMLS #A4570889

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 5409 Coral Reef Way

Taxable ValueLand$85,000Additions$328,400Total$413,400
Tax Record2024$8,134 ($678 / month)
Home Facts
Beds3Total Finished SqFt1,840 SqFtAbove Grade Finished SqFt1,840 SqFtStories1Lot Size7,664 SqFtStyleSingle Family ResidenceYear Built2022ZoningPD-RCountyMANATEEAPN5812.2280-9

Schools near 5409 Coral Reef Way

This home is within Manatee.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 12
Rating
School
Distance
B.D. Gullett Elementary School
PublicPK to 5

Dr Mona Jain Middle School
Public6 to 8

Lakewood Ranch High School
Public9 to 12

Pinnacle Academy, Inc.
PublicPK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of KELLER WILLIAMS ON THE WATER, Patricia Hamilton

The information is being provided in part by Southwest Florida Multiple Listing Service, Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2, and MarcoMls. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 Southwest Florida Multiple Listing Service and MarcoMls. All Rights Reserved. The data relating to real estate for sale displayed on this website comes in part from the Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2 and MarcoMls. Properties listed with brokerage firms other than Compass are marked with the "BR House" logo. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Naples MLS BR Program, or contained in the database compilation of Naples MLS.