5239 CORAL REEF WAY

Property Details

Description

MOVE-IN READY POOL HOME | GATED RESORT COMMUNITY | WATER & PRESERVE VIEWS Welcome to 5239 Coral Reef Way, an exceptional 2023-built residence located in the highly desirable gated community of Lorraine Lakes at Lakewood Ranch. This beautifully appointed single-story home offers the perfect combination of modern coastal design, luxury finishes, and the sought-after Florida indoor-outdoor lifestyle. Featuring 3 bedrooms, 3 full bathrooms, and a spacious open-concept floor plan, this home is designed for comfortable everyday living and effortless entertaining. The light-filled great room seamlessly connects the living, dining, and kitchen areas, creating an inviting space for gatherings with family and friends. The gourmet kitchen features stone countertops, oversized island, modern cabinetry, premium appliances, and ample storage, while elegant details throughout the home include crown molding, ceramic tile flooring, and designer finishes. Large sliding glass doors open to a private screened lanai where you can enjoy Florida living year-round. Relax in the heated pool and spa while taking in peaceful water and preserve views, creating a private outdoor retreat perfect for morning coffee, evening sunsets, or entertaining guests. Lorraine Lakes offers an unparalleled resort-style lifestyle with a spectacular clubhouse, fitness center, resort pool, restaurant, tennis courts, pickleball courts, playground, walking trails, and 24-hour gated security. Ideally located in Lakewood Ranch, residents enjoy convenient access to premier shopping, dining, golf courses, medical facilities, top-rated schools, UTC Mall, downtown Sarasota, and the world-renowned beaches of Florida’s Gulf Coast. This exceptional newer construction home delivers the rare combination of modern design, private pool living, resort amenities, and a premier Lakewood Ranch location—offering the perfect opportunity to enjoy the Florida lifestyle from day one.

Facts & Costs

Property type

Single Family Residence

Year built

2023

Lot size

7,157 sq ft

Stories

1

Garage

2 spaces

Price per sq ft

$340

Days on market

303

Private pool

Yes

Waterfront

No

Community

Lakewood Ranch

Subdivision

LORRAINE LAKES PH IIB-3 & IIC

County

Manatee

Builder

Lennar

Flood zone

NO

Monthly & yearly costs

HOA fee

$795 / quarterly

Property taxes

$8,969 / year (2024)

As reported by the listing agent. Verify with the HOA and county.

Construction & systems

Heating

Natural Gas

Cooling

Central Air

Flooring

Carpet, Ceramic Tile

Roof

Tile

Construction

Cement Siding, Stucco

View

Garden, Park/Greenbelt, Pool, Water

Payment Estimate

$4,172 / month

Principal & interest

$3,160

Property taxes

$747

HOA

$265

Home insurance

enter below

Estimate only, not a loan offer. Rate is a starting value; taxes and HOA are as reported by the listing agent. Florida insurance (including flood) varies widely. Ask George for a lender referral.

Location

Features & Amenities

• Built-In Oven
• Cooktop
• Dishwasher
• Disposal
• Dryer
• Freezer
• Gas Water Heater
• Ice Maker
• Microwave
• Range
• Range Hood
• Refrigerator
• Ceiling Fans(s)
• Crown Molding
• Kitchen/Family Room Combo
• Open Floorplan
• Solid Surface Counters
• Stone Counters
• Window Treatments
• Rain Gutters
• Sauna
• Sidewalk
• Sprinkler Metered
• Auto Cleaner
• Gunite
• Heated
• In Ground
• Lighting
• Screen Enclosure
• Tile