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About this home
5160 Coral Reef Way is a 2022-built home in Lorraine Lakes Ph I, Bradenton. Inside you'll find 3 bedrooms, 3 bathrooms, and 1,849 square feet of living space. Listed at $475,000 (about $257/sqft), 67 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable. HOA runs $855 quarterly.
Welcome to this beautifully maintained 3-bedroom, 3-bathroom Venice floor plan, offering move-in-ready comfort and peaceful pond-view living in the sought-after, gated community of Lorraine Lakes at Lakewood Ranch. Enjoy tranquil water views from the screened lanai and spacious backyard—an ideal setting for morning coffee, evening sunsets, or entertaining guests. Inside, a stylish glass front door welcomes you into a bright, open floor plan accented by diagonal tile flooring and elegant finishes throughout. The gourmet kitchen is designed with both function and style in mind, featuring large center island with pendant lighting, granite countertops, soft-close cabinetry, a generous walk-in pantry, and abundant workspace for everyday living or hosting family and friends. The private owner's suite offers a relaxing retreat with two oversized walk-in closets and a spacious en-suite bathroom complete with dual granite vanities and a large glass-enclosed walk-in shower. Two additional bedrooms provide comfortable accommodations, including one with its own en-suite bath, making it ideal for guests or multi-generational living. Thoughtful upgrades throughout the home include upgraded lighting with dimmer switches, Minka ceiling fans with remote controls, smart home features, window treatments, a UV light added to the HVAC system, a tankless water heater, rain gutters, and a washer and dryer. Custom California Closets storage systems with a lifetime warranty enhance the dining room, en-suite bedroom, and laundry room, while additional cabinetry in the laundry room provides exceptional organization. The epoxy-coated garage floor with finished baseboards adds both durability and a polished appearance. Homeowners enjoy maintenance-free living with lawn care, cable, and high-speed internet included in the HOA. Residents also have access to the impressive 25,000-square-foot clubhouse featuring a resort-style pool, lap pool, fitness center, tennis and pickleball courts, basketball, an on-site restaurant and bar, social activities, and more. Conveniently located near top-rated schools, shopping, dining, golf courses, and the world-famous Gulf Coast beaches, this exceptional home offers the perfect combination of luxury, comfort, and the vibrant Florida lifestyle. Schedule your private showing today and experience the wonderful community of Lorraine Lakes.
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The essentials
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Details
Districts can re-zone, so verify directly with the district before relying on these.
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
Price history
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. HOA includes any condo dues reported on the listing. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$475,000
$257 per sq ft
Beds and baths
3 beds, 3 baths
Size
1,849 sq ft
Time on market
67 days
Year built
2022
Monthly payment
About $3,650/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $7,805 annual tax bill, insurance, and the $855/qtr HOA fee.
HOA fee
$855/qtr
Managed by Icon Management/Ann Marlowe.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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